Factory - Freehold
BATU CAVES
Selangor, Malaysia
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Neighbourhood Review
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Batu Caves is the name of the legendary Hindu shrine located within Kuala Lumpur; and is also the name of the neighborhood surrounding these infamous caves. Located in an area where the primary ethnicity group are Indians and Malays, Batu Caves is the main focal point of Thaipusam.
The neighborhood of Batu Caves is one that offers buyers affordable housing within proximity to the city, along with excellent highway connections. The majority of the residents here are of the lower middle to middle income group.
Despite being close to the city, there are not very many new developments in this town. There are however new residential areas which the built-ups are very large, at very affordable prices.
Property investors do not generally purchase property within this area despite bigger homes at lower prices, with better options barely 20 minutes away at Jalan Ipoh. The traffic to Batu Caves is usually also a mess of traffic snarl during peak hours, adding a possible additional hour of travel from Jalan Ipoh itself.
Nearby Neighbourhoods
60
New developments within neighbourhood
28
Convenience Stores
1
Shopping Malls
14
Supermarkets & Markets
2
Public Transport
41
Educational Institutions
2
Places of Worship
30
Medical Facilities
31
Banks
26
Petrol Stations
average
Crime Level
DUKE Highway
Highways
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Ethnic Group
This chart represents the ethnic group of residents in Batu Caves. *
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).
Did you know?
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 Batu Caves *
* 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 Batu Caves
Road closures each year whenever Thaipusam is around the corner. Usually 1 week before and 1 week after. One of the top visited point of interest in Klang Valley after KLCC and KL Tower.
Normally traffic is congested
Everyday traffic congestion
Taman Sri Gombak area is about 15 minutes drive from Batu Caves temple..Area is a bit congested because too many shophouses. Very difficult to get parking spaces during lunch hour.