Property investors with an eye for the next big opportunity are turning their attention towards suburbs further away from Kuala Lumpur city centre. The assumption is that with the population growth and demand for properties increasing, even areas once considered the boondocks get developed.
Those with many years’ of experience in property investment point to Kajang as a prime example. Once considered a distant locale, it has since been transformed, with property prices skyrocketing to reflect the township’s popularity.
The boom in Kajang was facilitated in part to the high prices in neighbouring Cheras, pushing potential buyers to seek affordable alternatives. Those looking for landed properties capitalised on the then much lower prices in Kajang compared to those in the congested and overcrowded Cheras.
Now, that same phenomenon is occurring in Kajang, pushing potential investors towards neighbouring Semenyih. Those familiar with the area attest to the rapid development occurring in the area, with the Hulu Langat district seeing a rise in population. Alongside better road access, Semenyih is no longer the sleepy hollow town of yore.
The presence of mega-developers snapping up large parcels of land is also a clear indication of the locale being the next big thing. Country Garden got the ball rolling, through its property arm, Country Garden Properties Sdn Bhd, which is developing Diamond City — a 104ha Spain-inspired township located across the University of Nottingham Malaysia campus.
Eco World Development Group Bhd, MKH Bhd, SP Setia Bhd, UEM Sunrise Bhd and Kueen Lai Group of Companies as well as HCK Capital Group (HCK) have been buying up land in Semenyih.
HCK’s development, known as Hiijauan Broga, benefits being located adjacent to the popular hiking trail of Broga Hill. Its prime location allows for greater visibility among hiking enthusiasts who flock Broga Hill every weekend and will appeal to those who yearn for easy access to nature.
Hiijauan Broga is a mixed-integrated development featuring linked homes that are designed for multi-generational living. Potential investors are eagerly awaiting the launch to capitalise on these link homes before values begin to skyrocket. To find out more, please visit: https://www.hiijauanbroga.com/
