The Domain (Domain 1) @ NeoCyber

The Domain (Domain 1) @ NeoCyber is a freehold service apartment located at Cyberjaya, Selangor. This is a service apartment that neighbour to a several high rise condominium and conveniently located with other public amenities. This residential project was developed by Laketown Sdn Bhd which is a sibsidiary under the Emkay Group. This group is one of Malaysia's premier property developers involved in residential, commercial properties, office buildings and resort development. The Group played a vital role in the office development in Cyberjaya. To date the group has built office buildings with a net floor area of approximately 2 million sq.ft. and a GDV of more than RM1 billion. In 1995, EMKAY was awarded the Taman Bunga Raya (Bukit Beruntung) and Damansara Damai (Sungai Buloh) projects by the Selangor state government to develop a township which is mainly made up of affordable homes. A year later, EMKAY embarked on a 791-acre mixed development project Damansara Perdana. The mammoth project aimed to re-settle and upgrade the economic standing of the indigenous settlers (orang asli) living in the Bukit Lanjan vicinity. The Domain (Domain 1) @ NeoCyber is a family themed development with the prime target being the family market. With that, the project comes with various facilities such as a grocery store, food places, colleges, banks, petrol station and cafes. The Domain (Domain 1) @ NeoCyber is being located within the first integrated township in Cyberjaya is already a huge selling point of The Domain (Domain 1) @ NeoCyber. Furthermore, there is a growing population of young working class as well as students at Cyberjaya, hence, the concept of studio apartments will be well received in a market like this. Besides that, rental yields looks promising as the investment is likely to offer more than 7% in terms of rental yield. This is an integrated development within Cyberjaya surrounded by plenty of menities such as restaurants are within a stone’s throw away and if that is not enough, the Street Mall which also encompasses a supermarket, restaurants and eateries are just a short 3 minutes drive away from The Domain (Domain 1) @ NeoCyber, providing much convenience to students or working class who does not have ample time to prepare meals. Medical amenities like Hospital Putrajaya are situated not far away from The Domain (Domain 1) @ NeoCyber, one can easily reach there within 18 minutes using routes like B15.There are also ample education institutions situated near to The Domain (Domain 1) @ NeoCyber with Cyberjaya University of Medical Science, MMU Faculty of Management, Multimedia University (MMU) and MMU Faculty of Creative Multimedia being situated the nearest to The Domain (Domain 1) @ NeoCyber. All located no further than a 1km radius away from The Domain (Domain 1) @ NeoCyber.Public transportations are also convenient with the Cyberjaya bus terminal located just 0.42km away from the apartment. Alternatively, The Domain (Domain 1) @ NeoCyber is also easily accessible using Persiaran Cyber Point Selatan, Persiaran Ceria or Persiaran Rimba Permai. Facilities features in this residential includes swimming pool, wading pool, gymnasium, multi-purpose hall, surau, BBQ area, study cell, 24 hours security as well as wireless and broadband services are all provided for the residents there. The Domain (Domain 1) @ NeoCyber houses a total of 272 units with their standard units being studio units equipped with one bathroom. The built-up area ranges from 575 sf to 750 sf and although it is a service apartment, the facilities are quite extensive. Each unit comes with 1 cover car park, access card entry activated for gym and swimming pool, CCTV with card access system, and Broadband ready. The current market prices for The Domain (Domain 1) @ NeoCyber are from RM220,000 to RM270,000 (about RM370 psf); while the monthly rentals are from RM900 to RM1,200 (about RM1.66 psf). The highest median price psf ever recorded was RM499 psf in Q1 2015; while the lowest one was RM302 psf in Q2 2010. The current rental yield of The Domain (Domain 1) @ NeoCyber is around 5.45%, compared to 5.28% a year ago in Q2 2018. The highest rental yield ever recorded was 10.43% in Q2 2010; while the lowest one was 4.0% in Q3 2017. The most popular layout and size combination at The Domain (Domain 1) @ NeoCyber is 1-bedroom / 601 sf with a median price of RM370 psf. For price wise, the most expensive one is 1-bedroom / 601 sf with a median price of RM370 psf; while the cheapest one is 3-bedroom / 761 sf with a median price of RM320 psf. Another prestigious project developed by the developer includes Areca Contempo Homes, Ceria Residence, Clover @ Garden Residence, Cristal Serin Residence, LPR Freehold @ Cyberjaya and Mansion Park.