CHOW KIT

Kuala Lumpur, Malaysia

9
Properties within neighbourhood
4
Convenience Store
0
Shopping Malls
2
Supermarkets & Markets
1
Public Transport
2
Educations
0
Places of Worship
6
Medicals
12
Banks
2
Petrol Station

High

Crime Level

NPE Highway, Sprint Highway, Mahameru Highway, DUKE Highway

Highways

The Colony

Upcoming Developments

Ethnic Group

This chart represents the ethnic group of residents in Chow Kit. *

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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.

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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 Chow Kit *

* 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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Chow Kit is a sub-district on Jalan Chow Kit (Chow Kit Road) in central Kuala Lumpur and is enclosed by the parallel streets of Jalan Raja Laut and Jalan Tuanku Abdul Rahman. The name was bestowed upon this place by Loke Chow Kit, a tin miner and municipal councillor in the 19th century. The Chow Kit of today is now home to a number of budget and mid-range motels, a large Indonesian community and more recently, an influx of a small African community.

Chow Kit is recognised more as a commercial area and a tourist attraction than it is as a residential area. It has a daily wet market known as Bazaar Baru Chow Kit, which happens to be the largest wet market in the city. This huge section houses many hawker stalls and shops, selling everything from food items to non-perishable goods. There is also a night market known as Bundle Chow Kit located along Lorong Haji Taib. Common items sold at the night market are used clothes and accessories.

Over the years, however, Chow Kit attracted fame for all the wrong reasons: prostitution and a haven for drug addicts and petty thefts. Despite the negativity surrounding Chow Kit, a peaceful diversity exists in the form of the largest Sikh temple in Southeast Asia located right in the middle of the sub-district, known as the Gurdwara Tatt Khalsa Sikh temple, a spiritual home to KL’s 75,000 Sikhs. Also noticeable within its vicinity are a Chinese temple, a mosque, and a host of other religious places of worship.

Plans to transform Chow Kit stage-by-stage have been brought forward to be implemented by the Mayor of KL. A building will be turned into a shelter for the homeless, while the Urban Design Guidelines (UDG), which acts as a development control tool and checklist for future developments plan to give a facelift to four main areas in Chow Kit.

To get to Chow Kit, tourists and locals alike can board public buses B101 and B103 that run from Titiwangsa to Chow Kit. The option to hop on the KL-Chow Kit Monorail is plausible as the station is situated within the area, as well as the Ampang Line PWTC LRT station which is located nearby.

Consumer Price Index

This is a representation of Kuala Lumpur 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 1.363% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 1.633% in 2013. Prices of essential goods then increasing to 3.308% in the year 2014 while surging by 3.019% 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, 104.1 in 2012, 105.8 in 2013, 109.3 in 2014, 112.6 in 2015.

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Community of Chow Kit


Nelsontgsim
Very close to city centre. Convenience with LRT, Monorail and KTM within walking distance. Plenty of shops and restaurants serving nice affordable foods. However, certain spots are messy / dodgy. Overall, it's a nice place to live.
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