Condominium - Freehold
PETALING JAYA
Selangor, Malaysia
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Neighbourhood Review
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Petaling Jaya is an extremely large and sprawling city within the state of Selangor. It is unique to Peninsular Malaysia, being one of the two cities within the state of Selangor; only declared as a city on 20th June 2006.
Petaling Jaya is the prosperous satellite city of Kuala Lumpur, with there being a diverse and healthy mix of races with the minority group being a few expats. Many important people live within certain areas of Petaling Jaya such as at Section 5, Section 11 and Section 12, including many Dato’s and Tan Sri’s, along with many multimillionaires. As such, it is also a prime area for snatch thefts where morning joggers are the main prey. House break-ins are fairly common as well, hence many of the houses have guard dogs if not a personal security team.
There are the “lower cost” areas as well such as at Section 17 where there are a few supposedly low cost flats tenanted mostly by Malays, as well as a good number of run-down single storey terrace houses that mainly house university students.
Development in the city of Petaling Jaya is as such that land is becoming a highly prized commodity, with there being high expectations of good returns upon completion of the TTDI MRT Station in 2017. Traffic flow is also expected to increase drastically with the number of new condominiums and shopping malls cropping up on every available piece of land.
The property market in this area is particularly insane, as more and more companies turn their greedy eyes toward the property market. A good example is F&N (Fraser and Neave), who demolished their factory in Section 13 of Petaling Jaya and are planning to build a mixed development on that piece of land, including serviced apartments, office lots, retail lots and a hotel. F&N is a beverage company.
Nearby Neighbourhoods
515
New developments within neighbourhood
171
Convenience Stores
31
Shopping Malls
56
Supermarkets & Markets
72
Public Transport
186
Educational Institutions
64
Places of Worship
160
Medical Facilities
172
Banks
130
Petrol Stations
High
Crime Level
LDP, NKVE, NSE, NPE, SPRINT, KESAS, Federal Highway, Maju Expressway, Salak Expressway
Highways
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Ethnic Group
This chart represents the ethnic group of residents in Petaling Jaya. *
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 Petaling Jaya *
* 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 Petaling Jaya
A good residence area with lots of foodie.
The area is safe. Suitable for family.
Traffic congestion can be an issue but everything can be found in Petaling Jaya from entertainment to food to high end properties
Easy accessible