The fast-rising suburb is making waves in the property market

Contributed by Faizul Ridzuan

Strategically located less than 2km from Bukit Bintang and close to major commercial hubs like Tun Razak Exchange (TRX) and Kuala Lumpur City Centre (KLCC), Maluri offers unparalleled city access at a fraction of the cost.

With strong demand from local families, young professionals and a growing mainland Chinese community, the area presents a lucrative opportunity for investors seeking high returns.

One of Maluri’s standout features is its excellent public transport connectivity, with two MRT stations (Maluri and Cochrane) seamlessly linked by covered walkways. Nearly 50% of the area is connected by sheltered bridges, allowing residents to move effortlessly between malls, offices and transport hubs—rain or shine.

This walkable city concept enhances convenience and fuels demand for rental properties. With its well-developed public transport infrastructure, residents can easily access key areas of Kuala Lumpur without relying on private vehicles.

Retail, medical and education hubs at your doorstep

Maluri is home to some of Kuala Lumpur’s top shopping and lifestyle destinations, including Sunway Velocity Mall, AEON Maluri, IKEA Cheras and MyTown Shopping Centre. These bustling commercial hubs offer everything from high-end retail and dining to entertainment. 

The area is also well-equipped with top-tier medical facilities like Sunway Medical Centre Velocity and renowned educational institutions such as Sunway College, making it an ideal choice for families and working professionals. With an array of commercial outlets, grocery stores and international retail brands, Maluri delivers a well-rounded urban lifestyle. Families further benefit from reputable schools and childcare facilities, solidifying its appeal as a prime residential hub.

Property prices on the rise

Maluri’s property market has seen remarkable growth, fueled by a surge in new developments between 2019 and 2025. The median price of new properties now stands at RM898 per sq ft (psf), marking a 45% jump from older units priced at RM617 psf. Asking prices have already surpassed RM1,000 psf, particularly for high-end developments near the commercial core. With Maluri’s increasing desirability and strategic location, property values are expected to continue rising. The growing demand for modern high-rise residences with premium amenities further drives this sustained price appreciation.

Strong demand equals high yields

Maluri offers highly attractive rental yields, particularly for smaller units like studios and one-bedroom apartments. Rental rates near the commercial centre range from RM6.50 psf to RM7.50 psf while properties further out fetch around RM4.00 psf. 

Proximity to commercial hubs significantly boosts returns, with yields reaching up to 5.3%, compared to an average of below 5% in other areas—making Maluri a prime choice for buy-to-let investors. With rising demand from young professionals and students seeking convenient, well-connected living spaces, rental occupancy rates remain high. The area’s diverse rental offerings, from compact units to family-sized apartments, attract a broad tenant base, ensuring steady returns for landlords.

The future looks bright

Several factors position Maluri as the next property hotspot:

1. Proximity to KL’s financial hub - As TRX matures into Malaysia’s financial epicentre, spillover demand is expected to boost Maluri’s property values significantly. The increasing presence of multinational firms in TRX will likely create demand for residential properties nearby.
2. Upcoming developments - At least two to three vacant plots remain in Maluri, which, once developed, will further drive property prices upward. Future high-end developments could introduce premium housing options, attracting both local and foreign investors.
3. Sustained rental growth - As Maluri continues to attract working professionals and expatriates, rental demand is set to rise, pushing both rental prices and yields higher.
4. Infrastructure enhancements - Continued improvements in road networks, pedestrian-friendly walkways and additional public transport connections will make Maluri an even more desirable location for both buyers and renters.

Could Maluri become a Tier 1 investment zone?

Maluri’s rapid growth and prime location could soon elevate it from a Tier 2 to a Tier 1 investment area, with industry experts predicting property transactions surpassing RM1,500 psf within the next decade. Increasing demand from local and international buyers positions Maluri as a high-growth investment hotspot, offering strong rental yields and capital appreciation. 

Infrastructure expansion and ongoing projects will further boost its market status, making it one of Kuala Lumpur’s top property destinations. However, while rental demand remains strong, buyers should exercise caution—many projects launched above RM900 psf are struggling to break even, with current transactions struggling to justify prices above RM800 psf.

Investment tips for prospective buyers

• Prioritise new developments – Newer projects tend to offer better amenities, higher rental demand and stronger appreciation potential.
• Consider proximity to commercial hubs – Properties closer to shopping malls, MRT stations and business districts have higher rental yields and occupancy rates.
• Look for high-rise developments with facilities – Modern condominiums with swimming pools, gyms and security services attract premium renters willing to pay higher rents.
• Monitor market trends – Keep an eye on Maluri’s property transactions and rental demand to make informed investment decisions.
• Price psf - Be extremely selective on price psf, ideally one should buy below RM800 psf to have a margin of safety.

A smart investment at the right price

Maluri is certainly and rapidly emerging as one of Kuala Lumpur’s most sought-after property markets, driven by strong connectivity, rapid development and rising rental yields. With property prices expected to climb further, investors have a prime opportunity to capitalise on its growth before values soar. For those seeking sustainable returns, Maluri’s potential is undeniable, offering high capital appreciation and steady rental income in the years ahead.

Faizul Ridzuan, Founder and chief executive officer Far Capital

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