GENTING HIGHLANDS

Pahang, Malaysia

Nearby Neighbourhood
8
Properties within neighbourhood
3
Convenience Store
0
Shopping Malls
2
Supermarkets & Markets
0
Public Transport
2
Educations
3
Places of Worship
0
Medicals
2
Banks
2
Petrol Station

low

Crime Level

East Coast Expressway, Karak Highway

Highways

Windmill Upon Hills, Vista Residences, Midhills, Ion Delemen, Midhills, Ion Delemen, Vista Residences, Windmill Upon Hills, geo38 Residence

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Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Genting Highlands *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Genting Highlands is one of the most popular tourist attraction in Malaysia, bringing in large amounts of revenue to the country. In the hot and humid Malaysian climate where any form of cold weather is welcomed, Genting Highlands always remains at an average cool temperature of 17˚ celsius.

Genting Highlands was first established in 1965 by the business tycoon Tan Sri Lim Goh Tong who came from humble beginnings. Fighting his way up, Genting Highlands was built and is the first place in Malaysia to be given gambling license. Taking advantage of the beatific views afforded at the top of the hill, an amusement park was also built.

Genting Highlands in fact touts the first of many things in Malaysia, including the recognition of having the ‘World’s Fastest Mono Cable Car System’ and the ‘Longest Cable Car in Malaysia’. Genting Highlands will also feature the first 20th Century Fox World theme park in Asia, which the old Genting Outdoor Theme Park was remade to be.

Investing in Genting Highlands has become a fad as rooms are always unavailable during peak seasons and visitors are willing to pay astronomical prices for any available room regardless of its state of cleanliness or otherwise.

Land is however very much limited in this area, and personal homes are even more coveted. With the development of the new 20th Century Fox World theme park, property investors are even more on the lookout for good property deals and new property developments close to Genting Highlands.

Consumer Price Index

This is a representation of Pahang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.843% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.286% in 2013. Prices of essential goods then increasing to 2.98% in the year 2014 while surging by 1.808% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.0 in 2012, 107.4 in 2013, 110.6 in 2014, 112.6 in 2015.

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