Condominium - Leasehold
AMPANG
Selangor, Malaysia
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Neighbourhood Review
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Ampang is one of the main townships of Kuala Lumpur which has seen plenty of changes over the years. As large as it is, the district of Ampang is divided into two sections and belong to different jurisdictions; of which the section which falls under the territory of Selangor is also known as Ampang Jaya while the section that falls under the territory of Kuala Lumpur is simply known as Ampang.
The main road which runs through this township is Jalan Ampang which is also known as Ampang Road, and is one of the oldest roads in the Klang Valley accessible through Jalan Tun Razak. Although this road connects to several major highways, residents of Ampang still face daily traffic congestions due to the extremely high density of population in the city centre.
Property in Ampang closer to the city centre has seen a steady increase in value over the years due to its central location. Also influencing its increase in value is the fact that it is located close to all the foreign embassies, which in turn pulls in many expatriates who work long-term in the country. Such is the fame of Ampang, that it is also home to one of the most affluent residential areas in Kuala Lumpur, known as Taman Tun Abdul Razak.
While the properties closer to the city centre bustles with activity around-the-clock, within the very outskirts of Ampang is the Ampang Recreational Forest which is also otherwise known as Taman Rimba Ampang or Bukit Belacan. Recognized as one of the more popular tourist attractions, these forests which serves as a water catchment and attract visitors with its rich wildlife and natural rivers which is a favourite of families during weekends.
Nearby Neighbourhoods
285
New developments within neighbourhood
11
Convenience Stores
4
Shopping Malls
4
Supermarkets & Markets
3
Public Transport
22
Educational Institutions
0
Places of Worship
11
Medical Facilities
6
Banks
18
Petrol Stations
average
Crime Level
NPE Highway, AKLEH Highway
Highways
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Ethnic Group
This chart represents the ethnic group of residents in Ampang. *
Did you know?
An ethnic group or ethnicity is a socially defined category of people who identify with each other based on common ancestral, social, cultural or national experience. (Wikipedia)
* Data obtained from official source.
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 Ampang *
* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area
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Consumer Price Index
This is a representation of Selangor 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 1.644% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.448% in the year 2014 while surging by 2.523% 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, 105.1 in 2012, 107.3 in 2013, 111.0 in 2014, 113.8 in 2015.
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Community of Ampang
Jalan Ampang is a long road leading from the old CBD of Kuala Lumpur to Ampang Town. Famous for it's "Yong Tau Foo" and some new villages the Ampang town had developed with many housing projects and townships nearby.
good place to settle down
big town with completed food, shopping mall, schools and more.
I like to buy a house that a best value to get and easy to negotiate.