Fresh faces appear on the list of popular areas
It is that time of the year again where we investigate the top 10 most searched areas on Propwall.my to get a better grasp on what homebuyers and renters are looking for.
There are some familiar names, along with some new ones on the list. To read the old list, log on to bit.ly/propwallQ2.
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Shah Alam
Making its first appearance on the list is the capital of Selangor, Shah Alam. As the population in the Greater Kuala Lumpur continues its upward trend, many are looking for properties farther away from the city.
Shah Alam, a city undergoing a huge makeover, is capitalising on this phenomenon. The manufacturing companies and universities in Shah Alam play an important role in providing economic activity. Ongoing and proposed infrastructure projects like the MRT and LRT extension will help Shah Alam realise its true potential.
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Mont Kiara
Sliding down five places behind when compared to the list published on Q12017, the expatriate haven of Mont Kiara seems have lost a little bit of its lustre as the number of expatriates dwindle after the oil and gas industry took a beating in recent years.
Nevertheless, Mont Kiara’s strategic location, as well as its comprehensive amenities, is enough to draw attention from homebuyers and tenants. The rental yields within this vicinity remain relatively strong, and property investors will continue to look for a good deal in Mont Kiara.
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Bangsar
Sandwiched between Kuala Lumpur city centre and Petaling Jaya, Bangsar continues to house many of the trendiest attractions that speak to the urban youths. Fine dining eateries, artsy cafes, exciting bars and glamorous retail boutiques are some of the reasons why people flock to this hot spot every weekend.
With the rise of Bangsar South, this entire district of Bangsar continues to be on property investors’ radar, be it Malaysians or expatriates.
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Taman Desa
Making its debut on the list, Taman Desa’s surge to the top 10 list probably raises a few eyebrows. This neighbourhood that is well-developed and mature is a prime location for families. Though often under the radar, Taman Desa’s accessibility, coupled with its range of amenities and facilities, is attracting homebuyers and tenants.
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Cheras South
Locating at 30 minutes away from the city centre, Cheras South is experiencing an unprecedented facelift. Beckoning in a slew of new developments and game-changing infrastructure, Cheras South is attracting young Malaysians to this side of Greater Kuala Lumpur.
The cowboy town image of Balakong is quickly fading from our memories, as we witness the rise of a transforming district. It is hardly surprising Cheras South debuted on the top 10 list.
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Sentul
Moving up two places to fifth on the list, Sentul is another old town that is undergoing an urban transformation. Sitting in close proximity to the Kuala Lumpur city centre, residents within this neighbourhood are spoilt for choice when it comes to weekend activities and attractions. The public transportation makes it easy a good location for young tenants.
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Ara Damansara
Falling two places below, Ara Damansara remains one of the most searched areas on Propwall.my for prospective homebuyers and tenants. Its close proximity to matured city and townships like Petaling Jaya, Kota Damansara and Subang Jaya makes it an ideal place for young working executives. The Ara Damansara LRT station has also bolstered its strength as a rising district.
Hospital, malls and schools are all within close distance for residents of Ara Damansara homes.
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Bukit Jalil
Moving down a place, Bukit Jalil also continues to be a hotbed for property investors. Well equipped with public transportation infrastructure, coupled with its accessibility via major highways, it is predictable that more exciting developments are imminent.
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Old Klang Road
Once upon a time, as the only link between Kuala Lumpur and Port Klang, Old Klang Road is a matured township that comprises an industrial park, many generational Chinese eateries and popular pasar malams. To entwine the old with the new, Mid-Valley Shopping Mall sits closely to residents of Old Klang Road. The array of new developments in the pipeline suggests this “old” township will be embracing fresh vibrancy.
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Damansara Perdana
Retaining its place at the top spot is the Petaling Jaya’s golden triangle, Damansara Perdana. From shopping malls and fancy eateries to prominent office towers, Damansara Perdana has everything a district would need to thrive. The Bandar Utama MRT stop comes as a huge bonus for this exclusive suburb.