Selangor, Malaysia
Seri Kembangan is a township formerly known as Serdang New Village. Located within the borders of Selangor, it is fairly located at only approximately 20 minutes away from the city centre of Kuala Lumpur.
A township with an ethnic majority of Chinese and Malay, this area was in the past only a bunch of 50 houses tenanted mostly by rubber tappers and tin mining workers in the middle of a jungle. The original structures have by far large been mostly demolished, and in its place are big and beautiful landed properties.
Due to the increasing density of residents in Seri Kembangan, the traffic flow to and fro the city has increased over the years, causing much traffic congestion. However, homes in Seri Kembangan are slightly on the more affordable side due to its somewhat out of the way location, making it a target of first time home buyers.
Targeted towards the middle income, upper middle income and upper income group, property investors also see this area as a fair piece of investment as the property boom in the city pushes the development circle further out from the city proper.
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DUKE, SKVE, LDP, MAJU, NSE, SILK, Grand Saga Expressway
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Properties to Rent
This chart represents the ethnic group of residents in Seri Kembangan. *
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.
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 and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Seri Kembangan *
* 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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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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