BUKIT ANTARABANGSA

Ampang, Selangor

18
Properties within neighbourhood
3
Convenience Store
0
Shopping Malls
1
Supermarkets & Markets
0
Public Transport
1
Educations
0
Places of Worship
1
Medicals
1
Banks
5
Petrol Station

average

Crime Level

MRR2 Highway

Highways

NIL

Upcoming Developments

Ethnic Group

This chart represents the ethnic group of residents in Bukit Antarabangsa. *

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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.

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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 Bukit Antarabangsa *

* 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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Translated to “International Hill” in English, Bukit Antarabangsa is an affluent neighbourhood located within Ulu Klang, Selangor. It is regarded to be one of Malaysia’s elite residential areas akin to Bangsar and Damansara, and is known to be occupied by celebrities and political figures alike.

Despite being an affluent neighbourhood, Bukit Antarabangsa has seen its fair share of tragedies in form of landslides. There has been three notable instances of landslides which occurred in Bukit Antarabangsa to-date, one in December 2008, another one in May 1999 and the Highland Tower incident in 1993 which left around 50 of its residents dead.

Since then there has been no major developments within Bukit Antarabangsa as it has been rumoured that the government has disallowed it. In addition, a quick search on the internet will show results in Bukit Antarabangsa topping the list of Malaysia’s most haunted places due to the Highland Tower incident.

Since the incidents of all the landslides, many of the existing condominiums close to the site of the landslides have suffered a stagnant or depreciating value of property as the land here is still said to still be gradually moving during heavy rains. Residents of these condominiums live in fear for their homes, with many of them having already moved out.

Sales of homes in Bukit Antarabangsa have also come to an almost complete halt as the banks have considered this area to be a high risk zone, and as such usually refuse to pass any loan for properties in this area.

Due to this, despite still being referred to as an affluent neighbourhood, prices of units within Bukit Antarabangsa are rather affordable with many of the well-to-dos having moved on to safer premises.

Consumer Price Index

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

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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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it is peaceful and enough of greenery
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