[BTTV] 10 popular areas of Malaysian real estate 10 property hotspots in Malaysia

This is news about 10 popular regions in Malaysia.


Kuala Lumpur: Petaling Jaya, Monkiara and Johobaru were among the top property buyers in Malaysia last year, according to iProperty.com.my .


Next came Cheras in fourth place, followed by Puchong in fifth place. Also notable areas include Bukit Zaryl, KLCC, Subang Jaya, Vadar, and Cyber Jaya.


Petaling Jaya was named the best district for 2023, maintaining its lead for the second year in a row. The most traded properties were bungalows, semi-independent and row houses at SS2, SS3, SS22 and SS22A in Damasara Jaya.


Located mainly in Kuala Lumpur, Saint Ai Bulo, Shah Alam, Subang Jaya and Puchong, Petaling Jaya has major shopping malls such as 1 Utama Shopping Centre, IKEA Damasara, The Curve and IPC Shopping Centre.


Monkiara is popular among foreigners and wealthy people, and boasts a famous international school in its central location between Damasara Heights, Vadasir, and Kuala Lumpur City Center.


Johobaru came in third, rising from its 2022 position. Real estate transactions in the region are on the rise due to expectations for the Johobaru-Singapore express transportation system.


Moreover, the relaxed conditions of the second home (MM2H) program in Malaysia and rising rents in Singapore could further drive property sales in Johobaru.


The most traded properties in Johobaru are Taman Johojaya, Country Garden Danga Bay and Taman Phelang.


In Cheras, the combination of older facilities and a new commercial hub benefits from access to Kuala Lumpur City Center and access through the Three Petaling LRT line and the Cheras-Meadows Highway. The completion of highways such as the Saungai-Bullo masquerade MRT line has increased demand for properties in Cheras.


Puchong remained in fifth place, providing a mature environment rich in shopping and leisure facilities. Areas with active real estate transactions include Bandar Puchong Jaya, Taman Puchong Prima, and Taman Puchong Utama, which boast excellent connectivity through the extension of highways and three fetaling LRT lines.


Bukit Zaryl is recognized for its wealthy status as a new entrant and has notable sports and technology facilities.


KLCC is back on the list with its central location in Kuala Lumpur City Center and iconic landmarks such as the Petronas Twin Towers. KLCC remains a hub of convenience as it connects to Bukit Bintang, TRX, and Cochran/Maluri areas via MRT Line 1.


Land shortages in the areas around KLCC strengthened its value growth and the revival of various business sectors paved the way for numerous luxury housing developments within the city.


Subang Jaya is back with a variety of real estate options and proximity to educational institutions. Located within this vibrant community, Subang Jaya boasts outstanding highway connectivity and is close to vibrant neighborhoods such as Klan Valley, Damasara Utama, Bandar Utama, Kota Damasara, and Mutiara Damasara.


The most traded properties in Subang Jaya are homes in Putra Heights, USJ2, and USJ11.


Finally, the Vassar is new to the list, offering high-end living near the main area.


With continuous development and high demand for real estate, Vassal still symbolizes luxury and wealth.


The most traded properties in Balsa are Balsa Baru, Bukit Bandaraya, and Jalan Balsa.


the original text of an article : https://www.nst.com.my/property/2024/02/1018436/10-property-hotspots-malaysia-bttv