Wednesday, September 4, 2013

Malaysia Property: The Most Popular Areas in the Klang Valley

The most popular areas in the Klang Valley are 1) Puchong, 2) Cheras, 3) Kota Damansara, 4) KLCC, and 5) Shah Alam. The Top 3 residential units by type were 1) 2-3-storey terrace houses (3,104 units), 2) serviced apartments (2,208), and 3) condominium/ apartments (1,863). However, condos/apartments (6,689) will nudge terrace houses (2,920) to second place in the second half, with serviced apartments in third (2,436). In terms of trends, the penchant right now is for 1) properties with smaller, affordable units, 2) more green features in housing, 3) higher density of high-rise development, and 4) niche developments with multi-use zones.