News by TAN AI LENG

EdgeProp.my has recorded 407 listings in Wangsa Maju with the average asking rental ranging between RM1.20 psf (or RM900 a month) and RM2.71 psf (or RM3,665 a month).

Wangsa Maju residential property prices have been fluctuating over the years (from 2012 to 3Q2020), especially for the landed property segment. For instance, the average price for bungalows surged to RM812 psf in 9M2020, from RM723 in 2019.

From complete amenities to good connectivity

Despite the dropping student population, realtors still believe in the potential of Wangsa Maju and Setapak

Without a doubt, the rental market in Wangsa Maju and Setapak has been badly hit from last year.

Easy accessibility is its greatest advantages as Puchong is well connected to other business hubs in the Klang valley via major highways — LDP, KESAS and SKVE.

The robust port activities have also attracted manufacturers and e-commerce players to set up their plants or warehouse facilities in the Royal Town, which has also spurred the residential property demand in Klang.

Location is Cheras’ biggest advantage as the KL portion of Cheras is about 6km from KL city centre. It also offers various housing choices that meet different buyers’ needs and budgets.

Surrounded by KL to the east, Sungai Buloh to the north, Shah Alam and Subang Jaya to the west and Puchong to the south, it makes PJ one of the most preferred addresses for homebuyers and business owners.

From oil palm and rubber plantations into a modern industrial city, Shah Alam today is also a top choice for young families and professionals to live in, especially those who work in the western corridors of the Klang Valley.