5 of the most popular housing areas in Selangor
Selangor is a huge state with a growing population and great infrastructure, making it highly sought after by Malaysians looking for a home to stay.
But with so many areas to choose from, how does one decide on the best?
To aid in your decision, here is a list of the top five hotspots in Selangor that are popular with homebuyers in 2020.
1. Klang
Filled with an impressive array of amenities and shopping malls such as AEON, GM Klang and Klang Parade, it’s no wonder why most homebuyers find themselves comfortable in Klang.
Despite being one of the oldest towns in Selangor, Klang is also a well-connected area with notable highways linked to it, such as the federal highway, New Klang Valley Expressway (NKVE) and Shah Alam Expressway (KESAS), offering its residents a good connection to and from the city by car.
However, it is also accessible via the KTM Komuter, which is the go-to option for public commuters.
Due to the pandemic in 2020, Klang’s transaction volume dropped by 52.24% compared to 2019.
The property market is under pressure from the economic crisis, so its median price has also increased only moderately by 8.23% in 2020 compared to 2019. Hence, this hotspot is now open to homebuyers at a negotiable price if they are looking for a home in Selangor.
2. Kajang
A mere half an hour from Kuala Lumpur, Kajang is the second most popular city in Selangor. It is a rapidly growing city best known for its delicious satay.
Mostly populated by Malay and Chinese folk, Kajang has no shortage of malls, education centres, medical facilities, banks and convenience stores.
It is also well connected to other cities, thanks to several highways like North-South Expressway (NSE), Kajang-Seremban Highway (LEKAS), Silk and Grand Saga Expressway. Apart from that, the MRT line of Kajang makes it an easy commute for public commuters as well.
Kajang’s median price for houses has grown by 16.9% in 2020 compared to 2019. This indicates that the area is well appreciated despite the Covid-19 crisis.
Nevertheless, it did not escape the impact of the pandemic as the sale of houses in Kajang has dropped by 49.23% in 2020 compared to 2019.
However, Kajang still remains an excellent location if you are thinking of buying a property here as condos, apartments and SoHos are coming up.
3. Puchong
Puchong is the third most popular city in Selangor due to its proximity to Petaling Jaya and Kuala Lumpur.
Puchong is a very popular choice among housebuyers as it has numerous shopping malls, food outlets, restaurants, supermarkets, entertainment centres and academic prospects at reach.
Besides that, the city is connected by major highways such as Shah Alam Expressway (KESAS) and Damansara Puchong Highway (LDP), so that you can drive around the city easily in your car. It even has an LRT for public commuters.
Due to the pandemic, the properties in Puchong suffered a loss of 54.93% in sales in 2020 compared to 2019.
However, its median price has still seen an appreciation of 22% in 2020 compared to the previous year. This shows that the properties here are in demand even during economic crises and makes a good investment for potential homebuyers.
4. Shah Alam
If you would like to live a quiet life away from the hustle and bustle of the city, then Shah Alam would be your preferred choice. Being the fourth popular city in Selangor, this city retains its old charm yet has grown in terms of modern amenities.
From shopping malls like iCity to reputable universities like UiTM, Shah Alam offers a quiet yet satisfying stay in peaceful neighbourhoods.
It is also well-connected to other cities through LRT, KTM and highways like Federal Highway, New Klang Valley Expressway (NKVE), North-South Expressway Central Link (ELITE), Guthrie Corridor Expressway (GCE) and Shah Alam Expressway (KESAS).
2020 has been a tough year for properties in Shah Alam as its transaction volume fell by 58.98% compared to 2019. This is the reason the median price of houses in this area has only increased by 6.38% in 2020. So, if you are looking to get an affordable house in a strategic location, Shah Alam might be the place for you.
5. Cheras
Cheras is the fifth most popular city in Selangor. It is a modern-day suburb with ample amenities for residents to enjoy including shopping malls, convenience stores, eateries and entertainment centres.
Well connected to MRT lines, it is also an easy location for public commuters to travel to and from the city.
Cheras also has a wide variety of properties at an affordable price. In 2020, the median price of Cheras properties has increased by a moderate 7.32% as its transaction volume has dropped by 40.06% compared to the previous year.
Like Shah Alam, Cheras offers affordable housing for potential homebuyers today.
Looking at what amenities and facilities fit you the best, you can choose one of the locations above for your future home. They are excellent locations for property investments with the promise of capital appreciation and good returns in the future.
Source: FMT News
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