Factory - Freehold
KLANG
Selangor, Malaysia
Neighbourhood Review
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Klang which is otherwise known to the very much older folk as Kelang is the royal seat of the Sultan of Selangor. As dictated by history, the original populace of any place in the world starts from main sources of water. Klang is no different, being located next to the Klang River.
Many historical artifacts have been found in the area, some of them dating back to the second century B.C. The locality is well segregated, with Port Klang which is located within Klang being home to one of the busiest container and transshipment port in the world while the housing developments are located further inland.
There are few new housing developments and constructions in the area, with most of the older developments consisting of landed properties of rather large built-ups. The majority of the population in Klang are Chinese, with the minority group being Indians and Malays along with some migrants.
Despite being one of the original settlements in Malaysia, Klang strikes some as a sleepy town that is somewhat lost in the ages. Cost of living here is comparatively lower than that of the city centre in Kuala Lumpur, although it is located only half an hour away, and houses here are noticeably more affordable. Nevertheless, many of those who live here are of the middle and upper middle income group.
Nearby Neighbourhoods
312
New developments within neighbourhood
57
Convenience Stores
20
Shopping Malls
33
Supermarkets & Markets
9
Public Transport
71
Educational Institutions
2
Places of Worship
54
Medical Facilities
59
Banks
65
Petrol Stations
High
Crime Level
KESAS, SKVE, Federal Highway, NKVE, ELITE, Shah Alam Highway
Highways
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Ethnic Group
This chart represents the ethnic group of residents in Klang. *
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.
Analysis of properties in the area:
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 Klang *
* 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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