Condominium - Freehold
KLCC
Kuala Lumpur, Malaysia
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Neighbourhood Review
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KLCC is the heart of Kuala Lumpur which is also known as the Kuala Lumpur City Centre. As the most upmarket district of business hubs in Malaysia, KLCC is one of the areas in the city that carries the most high rises and most ongoing construction.
Prices of properties here are the steepest in Malaysia ranging up to RM3,000 psf, while roads are constantly being built and traffic is constantly being newly directed in an attempt to alleviate traffic congestions at all hours of the day; which the public transportation system does almost nothing to help.
Properties within KLCC are mostly targeted towards the elite group of income earners as well as international companies looking to relocate their personnels to Malaysia. Deemed also suitable for visiting dignitaries, no Malaysian commoner can afford the properties within KLCC.
The population in this area is a potpourri of ethnic groups, ranging from white collar workers of the highest positions to migrant bus ticket touters. New high rises are cropping up on every available plot of land, whether it be beside the main road of Jalan Sultan Ismail or in the inner enclaves of the Embassy Row.
Nearby Neighbourhoods
173
New developments within neighbourhood
28
Convenience Stores
17
Shopping Malls
11
Supermarkets & Markets
26
Public Transport
21
Educational Institutions
8
Places of Worship
17
Medical Facilities
45
Banks
4
Petrol Stations
High
Crime Level
NPE Highway, Sprint Highway, Mahameru Highway, DUKE Highway, Ampang-Kuala Lumpur Elevated Highway
Highways
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Ethnic Group
This chart represents the ethnic group of residents in KLCC. *
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 KLCC *
* 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 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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