The paramount consideration for residing or investing in property in Malaysia is its location, surpassing both pricing and property dimensions in significance. The proximity to public transportation, offices, and shopping centers not only enhances convenience but also contributes to the long-term appreciation of property value. Property Malaysia websites provide an easy way to obtain details about properties you’re interested in nowadays.
Delve into the most sought-after areas for home or property acquisition and unravel the factors that render these locations highly desirable. Identify what makes these regions particularly attractive and explore the reasons behind their popularity in the real estate market.
1. Petaling Jaya
Established in 1952 as Malaysia’s inaugural planned town on former rubber estate land, Petaling Jaya swiftly evolved into a satellite city for Kuala Lumpur. Attaining city status in 2006, its rapid growth saw the emergence of diverse commercial, residential, and recreational developments, shaping the vibrant city we know today.
Petaling Jaya’s rapid growth is attributed to its extensive highway network, diverse amenities, and varied property offerings to suit different budgets. Bordered by Kuala Lumpur, Sungai Buloh, Shah Alam, Subang Jaya, and Puchong, it boasts numerous shopping malls such as Atria Shopping Gallery, Paradigm Mall, 1 Utama, IKEA Damansara, and more. Accessibility is facilitated through major expressways like LDP, Federal Highway, SPRINT, NPE, and NSE, along with a well-connected public transportation system comprising LRT, KTM Komuter, and MRT stations.
2. KLCC
KLCC is Kuala Lumpur’s central business district, attracting affluent expats and locals for property investment. Featuring some of the country’s priciest real estate, it appeals to a diverse range of buyers seeking quality living in a prime location. Home to the iconic Petronas Twin Towers, KLCC boasts excellent connectivity through LRT Putra Line, MRT Line 1, and the Putrajaya Line, with land scarcity along the stations supporting value growth. In search of a commendable project in Kuala Lumpur? Explore Armani Residence Raja Uda KLCC.
3. Bukit Jalil
Bukit Jalil, Kuala Lumpur, is becoming a sought-after location with its renowned sports facility, Bukit Jalil National Sports Complex, an 80-acre recreational park, and Technology Park Malaysia housing tech giants like MIMOS, SIRIM, IRIS Corp Bhd, and Astro. With developments like Bukit Jalil City and Pavilion Bukit Jalil driving commercial activity, the area is attracting a growing population, including upgraders from nearby mature areas like Sri Petaling, Puchong, and Seri Kembangan.
4. Cheras, KL
Cheras, initially part of the Hulu Langat district in Selangor, was annexed to the Federal Territory on February 1, 1974. Proximity to the city center has led to the development of high-rise condominiums and apartments in Cheras KL. The area is accessible via the Sri Petaling LRT line and Cheras-Kajang Highway, with increased demand spurred by the Sungai Buloh Kajang MRT line and new highways like the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE). The Sungai Buloh Kajang MRT line has 6 stations in Cheras KL and 5 stations in Cheras Selangor.
5. Puchong
Puchong, a sizable township neighbouring the integrated Bandar Sunway, is easily accessible via a nearby toll road, taking less than 5 minutes on a clear road. The town center, in proximity to Bandar Sunway, caters to residents’ daily needs with establishments like IOI Mall Puchong, SetiaWalk Puchong, and Tesco Puchong for grocery shopping or leisurely browsing. Further into the town, quieter residential neighbourhoods capitalise on the natural ponds and greenery, enhancing the appeal of new developments.