BY ANGIE NG
angie@thestar.com.my
angie@thestar.com.my
MCT BHD is taking advantage of the fast developing southern corridor of the Greater Klang Valley to launch its latest township development, Cybersouth on 417 acres within Cyberjaya vicinity in Dengkil, Selangor, into a “master blueprint built on passion for wholesome living”.
MCT sales and marketing director Datuk Soo Kai Chee discloses that the township will be developed in line with the group’s vision of building wholesome communities in high growth corridors.
“Our projects will embrace eco-friendly ideas to make the communities healthier, safer, greener, more liveable and prosperous,” he says.
A glimpse of MCT’s property development journey shows the developer has quite a number of flagship projects that it is proud of.
Tracing MCT’s history since it started out on its corporate journey under the company name of Modular Construction Technology Sdn Bhd in 1999 as a builder specialising in undertaking construction, civil engineering and mechanical and electrical works through modular construction techniques, Soo says the company ventured into property development in 2004.
Its maiden project was USJ One Avenue, a 448-unit condominium project in UEP-Subang Jaya, Selangor. The project worth a gross development value (GDV) of RM138mil was completed in 2008.
Since those early days, MCT has made great strides as a property developer and is today an integrated property developer with in-house capabilities in development planning, architectural and engineering design, quantity surveying and procurement, interior design, project management and construction.
Among its flagship projects include phases 1 and 2 of the One City development located in USJ, which comprise mixed commercial with shop offices, retail lots, office suites, hotel tower, office tower, dual purpose hall for cinema and seminars, fitness centre, rooftop food and beverage area, banquet and event hall, with a GDV of approximately RM880mil.
In total, MCT has completed projects worth a cumulative GDV of RM1.32bil and is currently developing on-going projects worth some RM3.7bil.
Soo says MCT has approximately RM5.1bil of GDV of projects with development order in place ready to be launched. In addition, there is also remaining landbank of 296 acres that are yet to be planned. The developer is looking to add value and offer buyers more holistic features across all three residential, commercial and educational zones in its Cybersouth township.
Cybersouth township, wholly owned by MCT, will take eight to 10 years to complete.
Soo says the township’s location offers a prime location that allows close proximity to the three activity hotbeds of Putrajaya, Cyberjaya and the Kuala Lumpur International Airport (KLIA). It is just 400 meters to the boundary of Putrajaya and 1.5 km to Cyberjaya. And the KLIA is only 24 km away. Its location is well connected to surrounding areas via the major highways that include the LDP, MEX, Putrajaya-Cyberjaya Expressway, NKVE and SKVE.
“Cybersouth is certainly a piece of heaven on earth. And believe us, once you are in, you will refuse to leave,” he adds confidently.
“We offer a gated and guarded concept yet we are also issuing each and every buyer an individual title,” Soo says.
Cosy comfortEach of the phase features cul-de-sac designs to ensure safety, with only one way in and one way out, which will be guarded by a guardhouse and perimeter fencing.
“We are committed to ensuring our buyers’ privacy,” he says.
Built as a wholly integrated development, travelling between the commercial, residential, and educational zones will be extremely easy and accessible. Soo says Cybersouth is estimated to provide not less than 10,000 units of residential and commercial units and when it is completed, MCT expects Cybersouth to host a total number of 40,000 residents.
There will be landed housing projects with approximately 1,500 units and also commercial and educational zones. Soo says MCT is currently in the midst of planning the components for Cybersouth’s commercial areas.
“There are a lot of factors to take into consideration, especially the supply and demand economics of the surrounding areas. However, it would be safe to say that the usual mainstays of commercial hubs located in residential areas will be found there, such as supermarkets and leisure activities,” he says.
There will be a wide range of leisure facilities to be incorporated in the township, including a 10-acre Central Park that will be well planned around a core lake enveloped by experiential garden themes that will showcase a Forest Walk complete with seating areas and gazebo, Linear Landscaped Garden with mini stage, Putting Lawn for mini golf, riverside jogging and cycling path, Lakeside Deck with jetty and other unique facilities.
“We are targeting first-time home buyers, young executives and upgraders. Only a very small number of our existing buyers consist of investors,” Soo says.
He says the first phase of landed housing property, Greencasa @ Cybersouth, comprising 418 units double-storey terrace houses, has already been sold. Launched in April 25, the houses of 18 ft by 65 ft, 20 ft by 65 ft and 22 ft by 65 ft, have built-up of 1,545 sq ft to 1,913 sq ft. The houses were sold from RM519,800 a unit and are expected to be completed in the second quarter of 2018.
Meanwhile, the second phase of Cybersouth, Casaview @ Cybersouth also comprises two-storey link houses. The 20 ft by 70 ft, 22 ft by 70 ft, 22 ft by 75 ft, and 24 ft by 75 ft houses will have built-up of 1,959 sq ft to 2,700 sq ft. They will have price tags from RM629,800.
These units were previewed for sales on April 25 and 26, and are expected to be completed in the third quarter of 2018. Despite the softened buying sentiment in the local property market, Soo says sales are still going strong.
“However, we have encountered a slower pace in terms of bank loan approvals,” he says.
In order to raise the awareness and promote sales at Cybersouth, the developer is in the midst of ramping up its advertising activities to ensure the project gets maximum market exposure.
Marketing campaigns that will effectively appeal to its target demographic market group is also underway. Given its customer-centric focus, MCT is all geared up to put its best foot forward to turn Cybersouth into a well planned township of distinction.
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