The right theme is key to property investment.
One favourite question everyone loves to ask when it comes to property investment is this. “Where’s the best location to buy?” As the mantra of property investment goes, it’s about location, location and location. Actually, if we take a step back, we then realize that it’s actually what’s in the location that makes the location attractive. Is there an investment theme which is considered a catalyst to the particular location?
Overview of education as an industry
Today, we look at education services which contribute a gross output value of RM17.6 billion to Malaysia in 2017 and it’s growing at an annual growth rate of 7.7 percent. There are a total of 145,000 persons engaged in this sector. Just the salaries and wages alone amounted to RM4.9 billion in 2017 and this was an increase of RM600 million in 2015. Briefly, this sector is a super popular one and it’s actually growing even faster than Malaysia’s Gross Domestic Product (GDP). (Source: Department of Statistics Malaysia)
Experienced developer and property choices
This is why when we look at investing into a property, developments with an education theme is a really good choice. There are three which we may want to visit, evaluate and understand better. They are edusentral @ Setia Alam, edusphere @ Cyberjaya and edumetro @ Subang Jaya. The developer HCK Group is one with vast experience in the education sector.
An overview of edusentral
Edusentral will be built on a 12-acre site within Setia Alam. (Yes, this is considered a mature neighbourhood and it’s within Shah Alam city which is a top 6 largest cities in Malaysia with a population of over 740,000 people as at 2017) This is an integrated education city development in Setia Alam with a mix of residential, commercial and educational components that will be supporting one another. It comprises six residential towers, Small-office, Lifestyle-office (SoLo) suites and retail shoplots which will be surrounding the prestigious Peninsula International School Australia, the first international school in Malaysia that offers Australia’s Victorian curriculum for primary and secondary students.
The latest offering in edusentral would be the Cornell Suites with a built up of between 502 sq ft and 836 sq ft and it’s priced from RM360,000 onwards. Its Signature + SoLo Suites and Retail units meanwhile have sizes of between 1,151 sq ft to 1,503 sq ft and are priced from RM622,000 onwards. These units will benefit from a catchment population of students, academic staff, workers and residents within Setia Alam.
An overview of edusphere
Cyberjaya aspires to be the Silicon Valley of Malaysia and today it has a population of over 100,000 people. (as at end 2017). Edusphere is a 24-acre development within Cyberjaya and it features six residential towers, a commercial centre and the new campus of Cyberjaya University College of Medical Sciences (CUCMS). CUCMS was established in 2005 and is focused on medical sciences and has a student population of 6,000.
Edusphere is a mixed use development and it is strategically located with a host of transportation options, shopping amenities, green parks and healthcare facilities. The theme is “Stay, Shop and Study” and the latest offering in edusphere is Northwood Suites. This is the third project to be launched after a successful launch of Covington and Foster Suites earlier. Covington and Foster Suites are two 18-storey blocks of service residences.
Northwood Suites features fully air-conditioned units with fitted-out pantry area, as well as a host of lifestyle facilities at your doorstep, including a gym, swimming pool, multipurpose sports court and landscaped gardens. The service residence has either studio options of 450sq ft or 790 sq ft dual-kay units. Prices start from RM314,000 onwards.
An overview of edumetro
I studied in Subang Jaya way back in 1995. Back then, it was already a place where tertiary students could be seen everywhere. In fact it was the driving force for many new retail establishments and demand for accommodation space. Today the vibrancy of Subang Jaya as well as the ‘next-door’ Bandar Sunway is continuing with ever more college and university students. Edumetro is HCK’s latest integrated development within USJ1 in Subang Jaya. It will sit on a 3.76-acre site.
Edumetro consists of 3 components; small-office, lifestyle office (SOLO) suites and a proposed international school as well as a retail podium on top of a four-storey basement car park. It will thus be hosting students as well as trendy co-working / lifestyle space for working professionals and modern entrepreneurs too.
The current focus is The New Duo, a residential component that features 28 levels of dual-key SoLo suites. It ranges from 668sq ft to 993sq ft and units are priced from RM510,000 onwards. Where connectivity is concerned, edumetro is just 2km to the USJ 7 LRT and BRT station. It’s also surrounded by existing conveniences such as hypermarkets, shopping malls, hospitals and entertainment centers.
X’tra Financing Programme for edusentral, edusphere and edumetro
HCK Group in partnership with a third-party associate is now offering X’tra Financing Programme for aspiring buyers. The innovative deferred payment scheme allows purchasers to pay the initial downpayment for the above mentioned three properties through an easy instalment plan over a maximum of five years period.
This is not all, buyers will also be enrolled into the “Buy Your Dream Property & Win A Car” campaign. Each customer stand a chance to win prizes worth more than RM450,000 and this includes a brand-new BMW 318i.
The campaign starts on 1st September 2019 until 30th November 2019 and all new property buyers can enter the campaign. To know more, please visit their sales gallery or attend my talk in an upcoming event with the following details:
Venue : Edumetro Sales Gallery @ Da:Men Mall, USJ 1
Date : 12 October 2019
Time : 3pm – 5pm
See you there yeah. RSVP with +6012 299 8511 today. Limited seats are available.
This review article is written in collaboration with HCK Group.