Wednesday, May 4, 2011

Up and coming areas in Klang Valley that property buyers should lookout.

Evertime, when people tell us that the price of property have appreciate by this much and that much. We always tell ourselves why we never buy that asset that time even we can afford it. The reason is very simple we do not dare to risk it when the area is still under-developed and less access road to that area. Take Puchong and Kota Damansara for example, during the early 2000s, Puchong and Kota Damansara(Mutiara Damasara) only got a big Tesco hypermarket erected in the middle of nowhere. Look at these areas today, it is consider prime and central location. Even Hilton is setting up hotel in Puchong. We should also take notice from where is the next big Tesco hypermarket as they always give us some reference where is the next up and coming area. However below are some areas i think will be booming soon and those budget buyers can get cheaper home in these areas.

1) Government lead development zone. RRI in Sg Buloh, Batu Cantonment in Jalan Ipoh, Sg Besi Airbase and Jalan Cochrane/Peel. These megazone will be the next up and coming location regardless of commercial or residential

2) Rawang. Although this place is still consider far for KLites but it will serve as a central location for RRI Sg Buloh and northern part of KL (Batu Caves, Selayang and Gombak corridor). As the train hub in Rawang will serve this area well in the coming future.

3) Serdang, Seri Kembangan and Balakong regions. This area is still quite under develop
compare to the north and south of this part of the region. To the north, you got TPM, Desa Petaling and Kuchai Lama(Another good area to invest) and to the south you got Cyberjaya, Putrajaya and Bangi.

The rest are quite further out of Kuala Lumpur such as Bkt Jelutong to Meru region, Ampang region, and Cheras-Ampang region.

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