10 Properties In The Klang Valley For Middle Income Earners
4. Main Place Residence, Subang Jaya
Within weeks of news of the LRT station locations, property prices in Subang Jaya and USJ almost doubled. Property owners can expect even more appreciation on their properties once the train stations are in operation.
It’s still not too late to take a piece of the pie with the Main Place Residence, a serviced apartment above a retail mall.
Will this be the first home you’ve been dreaming of?
With the convenience it is set to offer, paying RM1,556 a month seems like a small price.
You will also need to have at least RM53,000 saved up in cash for your down payment and other costs, such as legal fees and stamp duty.
5. Magna Ville, Selayang
If you have a bigger family, space will be a priority in house shopping. However, with the current property market, a bigger family will definitely need to compromise on location. Magna Ville in Selayang may offer the housing that is within budget for the right size.
Here’s how much you need to afford it:
Prepare at least RM37,000 in cash for down payment and other costs to get your hands on one unit now.
6. Seri Baiduri, Setia Alam
A decade ago, when the CEO of SP Setia, Tan Sri Liew Kee Sin bought a huge oil palm plantation in Shah Alam, he was met with a lot of criticism. But he has since proven the naysayers wrong by developing this land into a township of award-winning communities with much appeal among homebuyers and investors.
Investing in Setia Alam can potentially see your returns doubled or tripled. It is now on its next phase of commercial developments such as office towers, the second stage of the Setia City Mall and a hotel that will be ready by end of 2014. It will definitely be worth your money to hit the market while it’s hot.
Here’s how the numbers look like:
Just 2 km away from the bustling Setia City Mall and 10 minutes away from the Setia Eco Park, this area offers up city living away from KL without that chaos of the capital.
You will need to be committed to paying RM1,403 every month and a total of RM49,000 in cash to own a unit here.
7. Mahkota Residence Apartment, Cheras
Located off 9th Mile Cheras, Mahkota Cheras is one of the hot spots in the Selangor part of Cheras. In 2010, Mahkota Cheras was still empty and home-owners were slowly moving in. However, when AEON Jusco started its operations in April 2010, the prices of units keep on rising.
The two highways – Silk Highway and Cheras-Kajang Highway, continue to make Cheras, Selangor appealing and convenient for people who need to travel to other parts of the Klang Valley. With the Sungai Buloh-Kajang MRT Line being constructed now, prices of properties will definitely continue escalating.
Put your money on one now before the price skyrockets in a year or two to rival places like Setia Alam and Kota Kemuning.
If you have RM53,600 cash and you are looking for comfortable home away from the city center, this is a good location to consider.