CITY OF ELMINA

Shah Alam, Selangor

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Properties within neighbourhood
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Convenience Store
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Public Transport
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Educations
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Places of Worship
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Banks
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Petrol Station

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Crime Level

Guthrie Corridor Expressway, New Klang Valley Expressway, Shah Alam - Batu Arang Highway

Highways

Elmina City Square, Elmina Crescent, Elmina Enterprise Park, Elmina Ridge, Elmina Vale, Elmina City Centre, Elmina Wellness Park, Elmina Hills, Elmina Green, Clusia

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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 City of Elmina *

* 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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City of Elmina is a township located beside Denai Alam, spanning over 5,000 acres of land and featuring a 300-acre central park which will be connected to a forest reserve. The City of Elmina is part of the Selangor Vision City (SVC), amongst which the other developments include Bukit Subang which spans 250 acres and Denai Alam of 1,000 acres.

This upcoming township will feature good connectivity to highways, as well as to the matured townships of Damansara and Petaling Jaya, especially if the proposed Damansara - Shah Alam Highway (DASH) goes through. The proposed DASH Highway is also purported to connect Elmina to the Penchala Link upon its completion. The upcoming MRT station in Sungai Buloh on the Sungai Buloh - Kajang line will be situated close to the township as well.

The west of the City of Elmina which is otherwise known as Elmina West was sold to Eastern & Oriental (E&O) in September 2013, a premium lifestyle property developer, to develop approximately 135 acres of land. The land is to be transformed into a wellness-themed commercial and lifestyle residential development. The entirety of the City of Elmina is estimated to be completed by the year 2037.

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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