Kuala Lumpur, Malaysia
Kuchai Lama is a suburb located close to the heart of Kuala Lumpur, connected to the city that is only 8 minutes away via highways. Kuchai Lama is a collection of old housing developments and low cost flats, along with a number of new condominiums.
The homes in Kuchai Lama consists mainly of single storey terrace houses, which were middle cost just a few years back but have raised drastically with time and the property boom. The business hub of the area, Kuchai Entrepreneurs Park was given a facelift recently and now boasts the most popular food chains.
With the majority of the population being of the Chinese race, the area is busy at all times with many restaurant, pubs, bars and 24-hour eateries. Traffic is also usually chaotic during peak hours, especially heading towards the city.
Prices of property in the area has risen fairly sharply with many new upcoming developments, causing property investor to cast their eyes on the area. The area also has a minority group of Malays who mostly occupy the low cost flats in the area, along with many migrants who work in NSK and Ajinomoto.
High
KESAS, NPE, KL-Seremban Highway, Salak Highway, Maju Highway, Sungai Besi Highway
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This chart represents the ethnic group of residents in Kuchai Lama. *
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 Kuchai Lama *
* 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 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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