Aspire Residence @ Cyberjaya
More than an Aspiration
Aspire Residence aims to provide affordable yet ideally spacious homes in the ever growing and developing city of Cyberjaya. The rapidly evolving town bears witness to a booming development scene all around – mostly mixed and commercial – ranging from RM600,000 to millions. Aspire Residence is meant to replicate cost-effective luxury living without buyers having to fork out triple the amount or compromising a comfortable and comprehensive lifestyle.
SPNB pioneered the development of Rumah Mampu Milik (Affordable Housing) in Malaysia 19 years ago. Since its establishment, the developer has completed 90,083 units of houses, of which 59,079 are affordable homes. It also has 8,189 housing units under construction and is planning to construct 66,739 units of affordable homes within a span of three years. SPNB also offers a special government subsidy of up to RM20,000 for buyers who want to build a 1,000 sqft house on their land.An on-going project by Syarikat Perumahan Negara Bhd (SPNB), Aspire Residence has spacious apartments that boast affordability with units priced between RM395,460 to RM717,873. SPNB is owned by the Minister of Finance Incorporated, which was established in Aug 21,1997 to provide affordable housing and sustainable quality to families in Malaysia, in line with the National Housing Policy.
With such people-friendly initiatives, SPNB’s Aspire Residence medium-cost apartments are set to cater to the middle-income group who yearns for a comfortable living space that’s tailored with safety, privacy and modern lifestyle amenities.
Dubbed the Silicon Valley of Malaysia, Cyberjaya is a perfect location for investment and long-term stay. Aspire Residence goes by the Green in the City concept, and is being built with families in mind, to encourage a greener and healthier environment for all.
The development offers modern household design infused with a greenery that you can only expect to see miles away from the city. Not only is the development affordable, it also caters to the differently-abled, with designs meant to encompass a holistic and inclusive lifestyle.
Other facilities include a recreational park in the middle of the development area to assure safety and privacy, a swimming pool and wading pool perfect for family occasions as well and other community facilities that will cater to all occasions and needs.
Located on 3.85 acres of freehold land, Aspire Residence apartment units are between 900 and 1,608sqft with a gross development value of RM1.15 million. There are a total of 2,804 units, estimated completion by the second quarter of 2019.
The development is ideally located close to schools and universities including SK and SMK Cyberjaya (1), Sekolah Seri Puteri, an elite all-girls boarding school, Multimedia University and Lim Kok Wing University that are expected to spur the area’s growth rate further.
Cyberjaya is not what it used to be with developments mushrooming at all corners. Many commercial areas have come up over the past couple of years, and amongst them are Shaftsbury Square and DPulze Shopping Centre, located just 500m apart. Dpulze is known for its retail, leisure as well as entertainment and cinema outlets in the vicinity of Cyberjaya. The food and beverage scene there is also slowly bursting into prominence with names like Tokio Café and a variety of hawker and Malaysian street food options making waves.
Aspire Residence is easily accessible from five major highways such as the Maju Expressway (MEX), ELITE highway, Lebuhraya Damansara-Puchong (LDP), PLUS highway as well as the NKVE highway. Getting to and from the city will never be a hassle for residents. If driving is an issue, the KLIA Transit from Putrajaya Central provides a comfortable option for travellers who prefer the idea of public transportation. Travelling to the airports (KLIA and KLIA2) will certainly be hassle-free.
Those inclined to invest in Aspire Residence can do so comfortably as the entire area is experiencing a rapid growth, in terms of value, with condominiums being sold at an average of RM700,000 providing possible rental yield of RM2,200 per month.
The fact that Cyberjaya is a hub not just for the working class, but also for local and international students, indicates a good spot for investment.
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