AT the recent StarProperty.my Fair 2017 held at the Kuala Lumpur Convention Centre, speakers from different industries shared insights on topics related to property hotspots, investment strategies and Budget 2018.
The Story of Klang Valley Hotspot, by Ho Chin Soon Research Sdn Bhd senior manager Khairudin Ya’cob
Ho Chin Soon Research Sdn Bhd senior manager Khairudin Ya’cob
Ho Chin Soon Research Sdn Bhd senior manager Khairudin Ya’cobLooking at the built-up areas, we can see that the centre is roughly at Kinrara. Those who are from the north of Kuala Lumpur, let's say Batu Caves and Selayang, are about the same distance to Kinrara as those who are in Cheras to the east, Shah Alam to the west, and Putrajaya to the south.
“Bear in mind that this centre is not stagnant. Depending on the course of development, the centre may shift to the south, east or west. Ten years back, the centre of the hotspot area was Petaling Jaya.
Lesser travel time is preferred. We draw a 20km radius from the centre of development of Greater Kuala Lumpur, which is at Kinrara – the first-tier location. Our takeaway point is to position yourself near the centre of development or at least within the first tier.
People may want to look at an area that is cheaper and further from the centre, say within a 30km radius from Kinrara where there are more affordable houses.
If you cannot be near the centre, follow the infrastructure.
Find cheaper homes in areas that are accessible to Kuala Lumpur and Petaling Jaya where the majority of Greater KL’s population work and play.
