Kanvas is an exciting and inspiring new development located in the Silicon Valley of Malaysia in Cyberjaya. It is a SoHo development of hip and trendy homes that are designed to suite the tastes of the younger, more energetic and enterprising generation in the township of Cyberjaya which is well known for its student population and Multinational Company tenants.
Kanvas will consist of a twin tower of elegant facades which will stand at 30 storeys tall. They will be a landmark in their own right with its freehold status, surrounded by Cyberjaya’s Tier 1 Central Business District. The name Kanvas which is a play on the word Canvas is an apt name for this development as the homes here are designed to be flexible to every buyer’s taste in arranging their unit to however they would like it to be.
Every unit at Kanvas will come partially furnished with branded hood and hob in the kitchens, refrigerators and designer built-in kitchen cabinets. The high ceiling windows will allow in plenty of natural lighting for a brighter and more cheerful home during the day, and a panoramic view of the landscapes during the night. The bathrooms will be spacious and come with water heater tanks.
Comprising entirely of Small office Home office (SoHo) units, Kanvas is to be a new concept in Cyberjaya to suit the needs of Cyberjaya’s growing population of young professionals. There are approximately 52,000 employees working in the surrounding IT industries as of 2015, and the numbers are expected to hit 100,000 employees by the year 2020. With its futuristic designs, Kanvas will please both its local and international tenants.
There will be facilities in the sky with the Designer Sky Space where residents can have a party, combined with state-of-the-art facilities which will include an infinity pool overlooking nature. To complete the lifestyle of indulgence, there will be retail lots at the base of Kanvas where its tenants will be handpicked by the developers to suit the tastes and personalities of those living at the Kanvas.
That being the case, Kanvas is said to be a very good investment in Cyberjaya with the township’s number of universities and MNC companies. These homes are also the abode of the next generation, with its extremely affordable prices, excellent location and outstanding designs.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Kanvas | Oct 2017 |
RM196,900
-
RM330,000
RM 435 psf - RM 661 psf |
RM850 - RM850 | NIL | 4.3 % |
| Hyve | Dec 2015 |
RM227,000
-
RM500,000
RM 365 psf - RM 795 psf |
RM900 - RM900 | NIL | 6.11 % |
| VITA | Dec 2015 | NIL | NIL | NIL | NIL |
| Star Central | 2015 | NIL | NIL | NIL | NIL |
| Mansion Park | 2015 | RM1,558,088 - RM2,400,000 | NIL | NIL | NIL |
| NeoCyber | 2014 |
RM114,000
-
RM1,300,000
RM 165 psf - RM 647 psf |
RM750 - RM750 | NIL | 1.35 % |
| Lakeview Residency | 2014 |
RM236,196
-
RM1,550,000
RM 209 psf - RM 524 psf |
RM1,000 - RM1,000 | NIL | 1.43 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | RM 436 psf | - | RM 503 psf |
| 500 - 1,000 SQ. FT | RM 368 psf | - | RM 327 psf |
| 1,000 - 1,500 SQ. FT | RM 287 psf | - | RM 852 psf |
| 1,500 - 2,500 SQ. FT | RM 264 psf | - | RM 370 psf |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 28,000 |
| Loan Amount ( 90 %) | RM 252,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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