Klang Valley is a name most Malaysians are familiar with. It is the area of Malaysia that is centered in Kuala Lumpur and includes all the adjoining cities and towns in the state of Selangor.
Over the years, the cities of Klang Valley have seen significant development and growth, leading to a good economy and a strong real estate market. Knowledgeable investors know the potential that Klang Valley has to offer. In this article we will be talking about those areas in Klang Valley that are housing the newest and trendiest developments and explain why you should invest in them.
Old Klang Road
Old Klang Road (OKR) or Jalan Klang Lama is one of the oldest and the first major road in Klang Valley. Opened in 1959, it used to be the only link between Kuala Lumpur and Port Klang. OKR is known for being a major property hotspot and has experienced a spurt of new developments which offer major benefits and opportunities for growth for investors. You will find major potential for ROI in OKR.
Read more about Old Klang Road here: Why You Should Buy A Property At Old Klang Road
Bukit Bintang
Seasoned property investors will be more than familiar with Bukit Bintang. Considered the heartbeat of Kuala Lumpur and filled with food, entertainment, hotels, serviced suites, residential high-rises and commercial businesses, it’s a place where expats and millennials thrive. And with new developments coming up in the area, you know that people are just watching and waiting to take advantage of the new opportunities springing up here.
Ara Damansara
A rising tide in the property industry, Ara Damasara is a relatively new township that has become increasingly popular among city dwellers. Located at Petaling Jaya North, along the Sultan Abdul Aziz Shah Airport Road, Ara Damansara is surrounded by attractive areas offering great capital appreciation; and with new developments popping up all the time, it assures continuing growth for the foreseeable future.
Petaling Jaya
A central hub of Klang Valley, the development of Petaling Jaya first began in 1952. Now consisting of some of the busiest lots in Klang Valley, Petaling Jaya is filled with both residential and commercial lots, from small scale enterprises like art galleries and old folk’s homes to large scale enterprises like malls and hospitals. Now, with new developments being built all over Petaling Jaya, this township is poised to keep moving forward as time goes on, truly an epitome of progress and growth.
Jalan Yap Kwan Seng and Jalan Tun Razak
Jalan Yap Kwan Seng is strategically located in Kuala Lumpur City Center, right inside the Kuala Lumpur’s Golden Triangle. Easily accessible by most major roads, this area is filled with a mix of commercial, residential and educational developments, all of which are in high demand. And now, with new awe-inspiring constructions coming, investors are seeing a tremendous growth in potential and ROI for the area.
Joining Jalan Yap Kwan Seng is another well-known road named Jalan Tun Razak. Like Jalan Yap Kwan Seng, it is easily accessible by most major roads and is host to a number of commercial and residential developments. With new developments on the horizon, property investors can expect a boom in growth and ROI along this major road as well.
Cheras
Located next to Ampang, Cheras is a suburb that stretches from KL and Kajang, all the way to Selangor. With a high population density, Cheras promises to provide all the facets needed for modern living. It has a well connected infrastructure with numerous LRT stations and bus services. It also offers a variety of shopping options from various high-end malls. Due to the maturity of the properties in the area, Cheras has grown to become a self-sustaining region; and with more developments coming, the potential it shows for investment and growth is immense.
Bangsar South
Located between Kuala Lumpur and Petaling Jaya, Bangsar South has been an enviable property hotspot filled with shopping, food and night time entertainment. Having an abundance of commercial and residential properties and with more developments on the way, the area can be considered a dominant township, charming investors and expats alike.
Find out more about Bangsar South here: The Transformation Of Bangsar South
Bandar Sunway
A renowned regional resort township in Subang Jaya, Bandar Sunway is most widely known for its surrounding amenities, the amusement park, Sunway Lagoon and the well known shopping centre, Sunway Pyramid. The area is home to a number of students who attend the nearby colleges and universities such as Sunway University, Monash University Malaysia Campus, and Tailor University and College. The area has shown a good amount of economic activity thanks to its Office towers, light industry park, medical centre and shopping malls. Newer constructions in the area have drawn the interest of many investors, who have their eyes set on claiming the new opportunities coming up in Bandar Sunway.
Puchong
A town located between Kuala Lumpur and Putrajaya, Puchong is one of the newer towns in Klang Valley. Its rapid expansion, helped by its central location and well developed road network, has made it the perfect place for commercial and residential developments. Its strategic location, and the settlements available, makes the area a lucrative place to invest in.
Bukit Jalil
Originally housing a rubber plantation, Bukit Jalil was developed into a National Sports Complex for the 1998 Commonwealth Games. Since then the township has continued to grow, with a number of developments located within the area, as well as retailers and new developments coming up in the future. With its connection to Old Klang Road and its short distance to Kuala Lumpur, Bukit Jalil is an ideal spot for property growth and investment.
As you can appreciate, these townships, with their continuing growth and new developments, show tremendous promise and potential. An investment in any one of these townships is one act you won’t find yourself regretting.
Find out more about the latest developments in Klang Valley and Malaysia. Send us a message at hello@iqiglobal.com or call us at 012-299-6155 or 03-7450-6655.
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