When contemplating living or investing in Malaysia, the paramount consideration is the location, overshadowing both pricing and property size. The strategic proximity to public transportation, offices, and shopping malls not only amplifies daily convenience but also serves as a catalyst for the gradual appreciation of property value over time. It’s now simple to find information about the properties you’re interested in through property Malaysia websites.
Unravelling the allure of the most sought-after areas for home or property acquisition becomes imperative. Investigate and discern the unique features and dynamics that render these locales highly coveted, unravelling the intricate tapestry of factors driving their popularity within the dynamic landscape of the real estate market in Malaysia.
1. Petaling Jaya
Established in 1952 as Malaysia’s inaugural planned town on former rubber estate land, Petaling Jaya gained city status in 2006. The city experienced rapid growth, evolving into its current state with diverse commercial, residential, and recreational developments.
The substantial growth of Petaling Jaya is due to its extensive highway infrastructure, diverse amenities, and a wide selection of properties accommodating various budget ranges. It is surrounded by Kuala Lumpur, Sungai Buloh, Shah Alam, Subang Jaya, and Puchong. The city boasts numerous shopping malls, including the Atria Shopping Gallery, Paradigm Mall, 3 Damansara, and more. Accessibility is facilitated through major expressways like LDP, Federal Highway, SPRINT Expressway, NPE, and NSE, with public transportation options including LRT, KTM Komuter, and MRT stations.
2. KLCC
KLCC, the central business district of Kuala Lumpur, is a sought-after location for property investment, attracting affluent expats and locals. Housing some of the country’s most expensive properties, it remains popular for its prime location, quality living, and premium amenities. With iconic landmarks like the Petronas Twin Towers, KLCC benefits from convenient transportation via LRT Putra Line and MRT Line 1, contributing to its value growth due to land scarcity along the stations. Armani Residence Raja Uda KLCC is a project in Kuala Lumpur worth considering.
3. Bukit Jalil
Bukit Jalil, a sought-after address in Kuala Lumpur, boasts the renowned Bukit Jalil National Sports Complex and an expansive 80-acre recreational park. Technology Park Malaysia hosts major tech companies like MIMOS, SIRIM, IRIS Corp Bhd, and Astro. With developments like Bukit Jalil City and Pavilion Bukit Jalil, the area is experiencing increased commercial activity, attracting a growing population and attention. Additionally, individuals from older areas like Sri Petaling, Puchong, and Seri Kembangan are upgrading and moving to Bukit Jalil.
4. Cheras, KL
Cheras, originally in the Hulu Langat district of Selangor, became part of the Federal Territory on Feb 1, 1974. Proximity to the city center benefits Cheras KL, where most projects are high-rise condominiums. Connected by Sri Petaling LRT and Cheras-Kajang Highway, the Sungai Buloh Kajang MRT line and new expressways like SUKE have increased property demand in Cheras KL and Cheras Selangor. The MRT line includes 6 stations in Cheras KL (Cochrane, AEON Maluri, Taman Pertama, Taman Midah, Taman Mutiara, Taman Connaught) and 5 stations in Cheras Selangor (Taman Suntex, Sri Raya, Bandar Tun Hussein Onn, Batu Sebelas Cheras, and Bukit Dukung).
5. Puchong
Next is Puchong, a large township neighbouring Bandar Sunway. Just a quick toll road trip away, it’s a 5-minute drive. Puchong’s town center, close to Bandar Sunway, provides for residents’ daily needs with IOI Mall Puchong, SetiaWalk Puchong, and Tesco Puchong. Further into the town are quieter, mainly residential neighbourhoods leveraging Puchong’s natural ponds and greenery for new developments.