Cyber Heights Villa

Cyber Heights Villa is an illustrious lakeside apartment that fronts Putrajaya Lake. Nestled in the modern and hi-tech Cyberjaya district, it neighbors Perdana Lakeview West, Mirage By The Lake and Presint 6 Putrajaya. Another distinguished freehold development by Country Heights Holdings, this property is expected to be completed by June 2014.Cyber Heights Villa offers privacy with a low density of 3 blocks of 10 storeys with a total of 117 units; equivalent to 19 units per acre. With 6 different designs named after flowers to choose from, buyers have the choice of selecting between 5 built-up sizes with the smallest being Jasmine with 2+1 rooms and 2 bathrooms at 938 sf followed by Hosta at 980 sf with 2+1 rooms and 2 bathrooms. Episca is the third biggest at 991 sf with 3 bedrooms and 2 bathrooms with Gazania at 1093 sf, 2+1 bedrooms and 2 toilets following it. The largest units excluding the penthouse are Fern and Dahlia at 1145 sf with Fern carrying 2+1 bedrooms and 2 toilets and Dahlia 3 bedrooms with 2 toilets. The penthouse is in a class of its own at 1727 sf with 3 bedrooms and 2 bathrooms. The apartments are furnished with 5.5 acres of green park and lush landscaping as per Country Heights Holding’s ambition to “return some green-ness to our mother nature after years of heavy mining activity”. With a starting price of as low as RM381,888, 1000 people registered their interest in Lakeview Residency before it was launched despite the low availability, and buyers seized the opportunity to obtain these exclusive units at the launch of Lakeview Residency.Living up the their name, Country Heights Holdings has ensured that Cyber Heights Villa will be a step above the rest in class by building the apartments cluster style so that each unit is a corner unit with a bit of garden for the residents to potter around in. Further to that, every unit has either a lake view or a hill view and comes inbuilt with an intercom for easy communication for the dwellers. Adding to its elegance are the high ceilings of every unit, giving residents and visitors a feeling of opulence. All standard units comes with 2 parking bays.The apartment comes with a clubhouse which facilities are being shared with existing apartments. A swimming pool, tennis court and gymnasium are available for recreational purposes, and the 24 hours security guards against unwanted visitors. A mini mart is also available for those who do not wish to drive out to shopping malls for grocery shopping during the weekend. Alamanda Putrajaya is within 10 minutes driving distance from the apartment for those who would like to catch all the latest movies. As Cyberjaya is an established Multimedia Super Corridor township city, excellent computerised teaching facilities are available to all students of all age groups. Banks and gas stations are conveniently located as well, though restaurants might be a bit scarce; giving families the opportunity to cook at home to improve family relationships. Cyber Heights Villa, Lakeview Residency is set in a beautiful place with no almost no traffic congestion at all. Busses are generally aplenty and clean, connecting its residents to places and for travel out of the city of Cyberjaya limits, Cyber Heights Villa is only minutes to Putrajaya Sentral, ERL Putrajaya Station and Putrajaya Bus Terminal.

Property Details

Name: Cyber Heights Villa

Address: 63000, Cyberjaya, Selangor

Developer: Country Heights Holdings

Type: Apartment

Tenure: Freehold

No. of Storey: 10

No. of Bedrooms

Jasmine: 2+1

Hosta: 2+1

Gazania: 2+1

Fern: 2+1

Episca: 3

Dahlia: 3

Penthouse: 3

No. of Bathrooms: 2

Built-up:

Jasmine: 938 sf

Hosta: 980 sf

Gazania: 1093 sf

Fern: 1145 sf

Episca: 991 sf

Dahlia: 1145 sf

Penthouse: 1727 sf

Launch Price: From RM381,888

Subsale Price:

Rental:

Layouts

Jasmine (938 sf) (2+1 rooms)

Hosta (980 sf) (2+1 rooms)

Gazania (1093 sf) (2+1 rooms)

Fern (1145 sf) (2+1 rooms)

Episca (991 sf) (3 rooms)

Dahlia (1145 sf) (3 rooms)

Penthouse (1727 sf) (3 rooms)

Facilities

Car park

24-hour security

La Vida Clubhouse

Swimming pool

Gymnasium

Mini market

Playground

Tennis court

Analysis

Country Heights Holding was founded in 1984 and listed in Bursa Malaysia in 1994 with a total paid up capital of RM275,707,403. Their core business lies in property development, property investment, hospitality, tourism and membership, health, and education. They are widespread and highly successful in all their ventures and their residential development has broken over 1100% in value appreciation.Traffic congestion is virtually non-existent in Cyberjaya, and anyone whose careers lie in Cyberjaya will find this a true relief from the Kuala Lumpur traffic. As an investment, Cyber Heights Villa might prove to be a good investment in the long run as other projects in the area are approximately between RM500-RM700 per sf while Lakeside Residency’s price is as low as RM410 psf with a maintenance fee of approximately RM0.25 psf. The rental per unit is as high as RM2,500 for the smallest unit, producing a gross yield of approximately 6% - 7%. As an investment, this appears to be a good bargain.