1575970715535CentralRegionH12019 PDF

i
JPPH
M JABATAN PENILAIAN DAN PERKHIDMATAN HARTA
VALUATION AND PROPERTY SERVICES DEPARTMENT
AL
AYSIA
KEMENTERIAN KEWANGAN MALAYSIA

MINISTRY OF FINANCE MALAYSIA
ii ii
LAPORAN PASARAN HARTA
WILAYAH TENGAH
Separuh Pertama 2019
CENTRAL REGION
PROPERTY MARKET REPORT
iii
First Half 2019
JABATAN PENILAIAN DAN PERKHIDMATAN HARTA

KEMENTERIAN KEWANGAN MALAYSIA
VALUATION AND PROPERTY SERVICES

DEPARTMENT MINISTRY OF FINANCE MALAYSIA
iv
Jabatan Penilaian dan Perkhidmatan Harta Valuation and Property Services Department
Kementerian Kewangan Malaysia Ministry Of Finance Malaysia
© Hak Cipta Terpelihara 2019 © Copyrights Reserved 2019
Aras 9, Perbendaharaan 2, Level 9, Perbendaharaan 2,
No. 7, Persiaran Perdana, Presint 2 No. 7, Persiaran Perdana, Precint 2
Pusat Pentadbiran Putrajaya Pusat Pentadbiran Putrajaya
62592 Putrajaya 62592 Putrajaya
Telefon : 03 - 8886 9000 Telefon : 03 - 8886 9000

Telefaks : 03 - 8886 9002 Telefaks : 03 - 8886 9002
e-mail : jpph@jpph.gov.my e-mail : jpph@jpph.gov.my
Pusat Maklumat Harta Tanah Negara (NAPIC) National Property Information Centre (NAPIC)
Aras 7, Perbendaharaan 2, Level 7, Perbendaharaan 2,
No. 7, Persiaran Perdana, Presint 2 No. 7, Persiaran Perdana, Precint 2
Pusat Pentadbiran Putrajaya Pusat Pentadbiran Putrajaya
62592 Putrajaya 62592 Putrajaya

Telefon : 03 - 8886 9000 Telefon : 03 - 8886 9000
Telefaks : 03 - 8886 9007 Telefaks : 03 - 8886 9007
e-mail : napic@jpph.gov.my e-mail : napic@jpph.gov.my

CONTENTS
Introduction
1 •
•
Demographic Profile
Income Stratification
2 Overview of Central Region Property Market
Property Focus
3 • State Affordable Housing
Property Highlights
4 •
•
Infrastructure Projects
Mixed Development Project
GLOSSARY
Apt - Apartment
AOR - Average Occupancy Rate
ARR - Average Room Rate
BNM - Bank Negara Malaysia
CBD - Central Business District
CCC - Certificate of Completion & Compliance
EDTP - Electrified Double Railway Track Project
FDI - Foreign Direct Investment
GDP - Gross Domestic Product
GFA - Gross Floor Area
IRDA - Iskandar Regional Development Authority
JPPH - Jabatan Penilaian dan Perkhidmatan Harta
KL-SG HSR - Kuala LumpurSingapore High Speed Rail
Km2 - square kilometre
vi vi
KVMRT - Klang Valley Mass Rapid Transit
LRT - Light Rail Transit
MRT - Mass Rapid Transit
NAPIC - National Property Information Centre
NLA - Net Lettable Area
OR - Occupancy Rate
p.m.t. - per metric tonne
p.s.f. - per square foot
p.s.m. - per square metre
SA - Serviced Apartment
SD - SemiDetached House
SOHO - Shop Office Home Office
SOVO - Shop Office Versatile Office
TRX - Tun Razak Exchange
CENTRAL REGION
vii
Central Region
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CENTRAL
REGION
Property Market Monitor
Central Region
1.0 INTRODUCTION
Demographic Profile The Malaysia’s population for the Q2 2019 was estimated to reach 32.58 million
increased by 0.6% as compared to Q2 2018 (32.38 million). The male population
outnumber the females with 16.83 million (male) and 15.75 million (female).
The Central Region recorded the highest number of total populations with 8.40 mil-
lion. Population distribution by state in Q2 2019 indicated that Selangor was the
most populous state (6.52 million), followed by Kuala Lumpur (1.78 million) and
Putrajaya (0.10 million). The population share of this region accounting for 25.8%
of the total Malaysia population.
Figure 1: Malaysia’s Population by Sex, Citizenship and Age Group Q2 2019
Source : Department of Statistic, Malaysia
Figure 2: Demographic Statistic by State, Q2 2019e, Malaysia
Source : Department of Statistic, Malaysia

Income Stratification The median monthly household income for Malaysia increased to
RM5,228 in 2016 with a growth rate of 6.6% per annum as compared to
RM4,585 in 2014 as stated by Household Income and Basic Amenities
Survey conducted by Department of Statistic, Malaysia. By state, all the
three states reigned the top three in the country led by Kuala Lumpur
which recorded the highest median monthly income of RM9,073
followed by Putrajaya (RM8,275) and Selangor (RM7,225). Other states
recorded median income below RM6,000.
The top ranks of household income by district level from the 140
administrative districts were superheaded by Sepang (RM8,174) and
followed by Petaling (RM7,904), Gombak (RM7,903), Hulu Langat
(RM7,851), Klang (RM6,724) and Johor Bahru (RM6,518).
Table 1: Median and Mean Monthly Household Income for 20 Administrative District 2016
Central Region
2.0 OVERVIEW OF THE CENTRAL REGION PROPERTY MARKET
Key Facts Table 2: Table of Volume and Value of Transactions in Northern Region
(as at Q2 State Transaction % change Transaction % change
2019 Volume (unit) (y-o-y) Value (RM) (y-o-y)
Kuala Lumpur 7,496 8.0 7.96 billion -43.6
Selangor 31,307 8.3 21.83 billion 11.7
Putrajaya 275 -35.5 145.45 million -11.8
Total 39,078 8.4 29.94 billion -11.5
The Central Region property market performance improved in H1 2019, indicated

by the higher volume of transactions in Kuala Lumpur and Selangor as compared
to H1 2018. Selangor recorded the highest volume and value of transactions in the
review period, registered 31,307 transactions worth RM21.83 billion, increased by
8.3% in volume and 11.7% in value (H1 2018; 28,910 transactions worth RM19.53
billion). Kuala Lumpur registered 7,496 transactions with a total value of RM7.96
billion, increased by 8.0% in volume whereas decreased by 43.6% in value. (H1 2018:
6,940 transactions worth RM14.13 billion). Putrajaya recorded 275 transactions worth
145.45 million, indicating a decrease of 35.5% in volume and 11.8% in value.
Combined, these three states formed 24.4% (39,078 transactions) of the national
volume of transactions and 43.8% (RM29.94 billion) of the national value of
4 transactions.
The market activity witnessed an uptrend movement across all sub-sectors except
development land sub-sector, which showing a decrease of 8.1%. The commercial
sub-sector showed the highest increase (26.7%), followed by the industrial (25.1%),
residential (6.2%) and agriculture (3.9%) sub-sectors. By contrast, the transactions
value showed downtrend across all sub-sectors except for the agriculture (20.3%) and
residential (6.6%) sub-sectors.
3.0 PROPERTY FOCUS
This section focuses on affordable housing schemes provided and monitored by the State
Authority in the region. Below is the list of affordable housing projects:
3.1 Selangor Affordable Housing Programmes
The Selangor State Government has introduced ‘Rumah Selangorku’ as part of the
provision of low-cost, low-medium and medium-cost housing. Seeing that these have
been imposed in each development since 2000, the state government has proactively
reviewed the existing policy to make it relevant based on the country’s current economic
situation. The situation became even more apparent when the ‘Pekeliling Dasar Rumah
Selangorku Bil 1 Tahun 2013 came into effect in January 2014, and thereafter all the
development of affordable homes have been included under the ‘Rumah Selangorku’
scheme. The importance of the allocation for ‘Rumah Selangorku’ in every housing
development is to meet the need and demand of the lower and middle-income earners
in owning a house.
Table 3: Project Type and Selling Price for the ‘Rumah Selangorku’ Scheme
Project Type Area Selling Price Income

(per square feet) (RM) Eligibility
(RM/per month)
Type A 700 42,000 <3,000
Type B 750 - 799 100,000 3,001 to 8,000
Type C 800 – 899 150,000
900 - 999 180,000
18’ x 60’ 200,000
Type D 1,000 220,000
20’ x 60’ 250,000
3.1.1 Taman Puchong Utama, off Persiaran Puchong Utama
Source : JPPHe
Lot No. : 1333

District : Petaling
Mukim : Pekan Puchong Perdana
Developer : Hillcrest Gardens Sdn Bhd
Project Description : 1,162 units medium low cost apartment
Selling Price : RM190,000 - RM220,000
Date of Commencement : 2016
Expected Completion Date : 2019
Construction Progress : 90%
Sales Performance : 75%
Central Region
3.1.2 Pangsapuri Sekata Selangorku, Sungai Merab, Kajang
Source: www.ehartanah.lphs.gov.my
Lot. No. : -
District : Sepang
Mukim : Dengkil
Developer : Mainstay Development Sdn Bhd
Project Description : 47 units medium low-cost apartment
Selling Price : RM190,000
Date of Commencement : NA
Construction Progress : NA
Sales Performance : NA
3.1.3 Pangsapuri Alpinia, off Lebuhraya Damansara-Puchong (LDP)
Lot No. : NA
District : Sepang
Mukim : Dengkil
Developer : Hap Seng Land Development Sdn Bhd
Project Description : 472 units medium low-cost apartment
Construction Progress : Completed
3.1.4 Pangsapuri RMM Kota Puteri, Bandar Batu Arang
Source: JPPH
Lot No. : PT1975

District : Gombak
Mukim : Rawang
Developer : Perbadanan Kemajuan Negeri Selangor (PKNS)
Project Description : 198 units double storey town house
Selling Price : RM185,000 to RM197,000
3.1.5 Laman Adonis, Kundang Estate
Source: JPPH
Lot No. : 24680

District : Gombak
Central Region
Mukim : Rawang
Developer : Gamuda Land (Botanic) Sdn Bhd
Project Description : 170 units apartment
3.1.6 Taman Langat Utama 3, Tanjung Dua Belas
Source: JPPH
Lot No. : NA
District : Kuala Langat
Mukim : Tanjung Dua Belas
Developer : SP Bahau Development Sdn Bhd
Project Description : 20 units single storey terrace house
Construction Progress : NA
3.1.7 Sungai Kapar Indah, Kapar
Source: JPPH
Lot No. : PT 80314 to PT 80574

District : Klang
Mukim : Kapar
Developer : NPO Land Sdn Bhd (Titijaya Land Berhad)
Project Description : 256 units double storey terrace house
Expected Completion Date : NA
3.1.8 Apartment Trifolis, Bukit Tinggi 2, Klang
Source: JPPH
Lot No. : 117125

District : Klang
Mukim : Klang
Developer : Gemilang Waras Sdn Bhd (WCT Group)
3.1.9 Eristina, Sungai Buluh
Source: JPPH
Central Region
Lot No. : 4491 and PT 20608

District : Kuala Selangor
Mukim : Ijok
Developer : Seristana Sdn Bhd
Project Description : 405 units three storey town house
3.1.10 Taman Emas, Sabak Bernam
Source: JPPH
Lot No. : 871, 872 and 873

District : Sabak Bernam
Mukim : Pancang Bedena
Developer : Lian Soon Thiam Sdn Bhd
Project Description : 30 units single storey terrace type D3 (20’ x 75’)
12 units single storey terrace type D2 (22’ x 75’)
12 units single storey terrace type D1 (22’ x 80’)
41 units single storey terrace type C (20’ x 75’)
10 Sales Performance : 60%
3.1.11 Pangsapuri Taming Mutiara, Bandar Sg Long
Lot No. : PT 46823 and 46824

District : Hulu Langat
Mukim : Cheras
Developer : Tanming Management Sdn Bhd
3.1.12 S1 Townhouse, Pelangi Semenyih 2
Source: JPPH
Lot No. : 2351

Mukim : Beranang
Developer : Seri Nova Development Sdn Bhd
Project Description : 24 units three storey townhouse
11
3.1.13 Jade Hills, Kajang
Source: JPPH
Lot No. : PT 71607 to 71609
Central Region
Mukim : Kajang
Developer : Jade Homes Sdn Bhd
3.1.14 Taman Keruing Rasa, Batang Kali
Source: JPPH
Lot No. : PT 71607, PT 71608 and PT 71609

District : Hulu Selangor
Mukim : Batang Kali
Developer : Perbadanan Kemajuan Negeri Selangor
Project Description : 66 units double storey terrace house
12
3.2 Residensi Wilayah Residensiku
Residensi Wilayah (previosly known as RUMAWIP) is an affordable housing scheme providing

comfortable, quality and affordable home to all Federal Territory citizen (Kuala Lumpur and
Putrajaya). Residensi Wilayah refers to affordable home in the Federal Territory with a selling price
of up to RM300,000 per unit with tagline “Residensi Wilayah Residensiku”.
3.2.1: Residensi Metro Kepong, Taman Metropolitan, Kepong
13
Source: JPPH
Lot No. : 81175

Mukim : Batu
Developer : Wawasan Metro Bina Sdn Bhd
Project Description : 1,520 units apartment
Selling Price : Level 06-11 (802 s.f.) – RM188,000
Level 12-15 (802 s.f.) – RM193,000
Level 16-35 (802 s.f.) – RM198,000
Sales Performance : 95% Central Region
3.2.2: Residensi Seri Wahyu, Taman Wahyu
Source: JPPH
Lot No. : PT 26755

Mukim : Batu
Developer : Enchanting Heights Sdn Bhd
Selling Price : Type A (805 s.f.) – RM300,000
14
3.2.3: Residensi Enesta Kepong, off Jalan Kepong
Source: JPPH
Lot No. : 58453

Mukim : Batu
Developer : Thriven Amona Sdn Bhd
3.2.4: Apartment Lili Petaling, Kuchai Lama
Source: JPPH
Lot No. : 32075

Mukim : Petaling
Location : Kuchai Lama Entrepreneurs Town Centre
Developer : Havana Solaris Sdn Bhd
15
3.2.5: Residensi Lanai Bukit Jalil, Bukit Jalil
Central Region
Source: JPPH
Lot No. : 36478

Mukim : Petaling
Developer : Thriven Amona Sdn Bhd
3.2.6: Residensi Wangsa Meranti, Jalan Meranti
Source: JPPH
Lot No. : 27544

Mukim : Setapak
Developer : Shazac Builders Sdn Bhd
16
3.2.7: Residensi Desa Satumas, Taman Desa
Source: JPPH
Lot No. : 58433

Mukim : Kuala Lumpur
Developer : Garuda Searah Sdn Bhd
3.2.8: Residensi Rimbunan Petaling, Bandar Baru Seri Petaling
Source: JPPH
Lot No. : 101132

Mukim : Petaling
Developer : Tetuan Petaling Garden Sdn Bhd
17
3.2.9: Residensi Selayang Damai, Batu Caves
Central Region
Source: JPPH
Lot No. : 55600

Mukim : Batu
Developer : Tetuan Topview Housing Sdn Bhd
3.2.10: Residensi Rampai II, Taman Sri Rampai
Source: JPPH
Lot No. : 26435

Mukim : Setapak
Developer : Pancaran Nilai Sdn Bhd
Selling Price : Type B (800 s.f.) – RM300,000
18
3.2.11: Residensi Hektar, Jalan Gombak
Source: JPPH
Lot No. : 8947 and 8948

Mukim : Setapak
Developer : Tetuan Hektar Aneka Sdn Bhd
Type B (800 s.f.) – RM266,000
3.2.12: Residensi Inspiria, Jalan Gombak
Source: JPPH
Lot No. : 30135 (Lot 3799)

Mukim : Setapak
Developer : Almaventures Development Sdn Bhd
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3.2.13: Residensi Laman Sari, Jalan Lingkaran Tengah II
Source: JPPH
Central Region
Lot No. : PT 1613

Mukim : Batu
Developer : Best Silver Development Sdn Bhd
3.2.14: Residensi Suria Pantai, Taman Rimba Bukit Kerinchi
Source: JPPH
Lot No. : PT 9238

Mukim : Kuala Lumpur
Developer : Amona Development Sdn Bhd
20
3.2.15: Residensi Minest, off Sentul Jaya
Source: JPPH
Lot No. : 67381

Mukim : Batu
Developer : Tetuan Mi Nest Development Sdn Bhd
3.2.16: Sky Awani 3 Residences, Kampung Baru Air Panas, Setapak
Source: JPPH
Lot No. : 29787 (PT 28372)

Mukim : Setapak
Developer : Sky Sanctuary Development Sdn Bhd
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3.2.17: Residensi Wilayah Aman Jalil, Jalan Bukit Jalil Indah 1, Alam Sutera
Source: JPPH
Central Region
Lot No. : 46040 (PT 15368)

Mukim : Petaling
Developer : Tetuan Gaya Kuasa Sdn Bhd
4.0 PROPERTY HIGHLIGHTS
4.1 Infrastructure Projects

Among the development mainly transportation infrastructure projects are:-
a) East Coast Railways (ECRL)
• The property market is expected to remain positive, supported by the restart of the East Coast
Railways (ECRL) project which been announced by Prime Minister on April 2019 and followed by
the signing of a supplementary agreement between Malaysia Rail Link Sdn Bhd (MRL) and China
Communications Constrcution Company Ltd (CCCC).
• The new ECRL alignment is now shortened by 40 kilometres from 688 kilometres to 648
kilometres with the new alignment will be Kota Bharu-Mentakab, Jelebu, Kuala Klawang, Bangi/
Kajang, Putrajaya-Port Klang.
• The project provides 20 stations, comprising 14 passenger stations, five combined passenger and
freight stations, and one freight station.
• The ECRL is expected to be completed by 31 December 2026.
Figure 3: The East Coast Rail Link (ECRL) Rail Network
22
Source : Malaysia Rail Link Sdn Bhd
b) Light Rail Transit 3 (LRT 3)
• LRT3 is a project developed under the Urban Rail Development Plan by The Land Public Transport
Commission (SPAD).
• The 37 kilometres line connects Bandar Utama in Petaling Jaya to Johan Setia in Klang with 25
stations positioned along the route.
• Expected completion date: 2024
• Construction progress: Under construction
Figure 4: Light Rail Transit 3 (LRT 3)
Source : mrt.com.my
c) Mass Rapid Transit 2 (MRT 2 - SSP Line)
• The Sungai Buloh-Serdang-Putrajaya MRT Line (SSP Line) serves a corridor with population
of around 2 million people stretching from Sungai Buloh, through the Kuala Lumpur City
Centre and its southern suburbs, to Putrajaya, Malaysia’s federal administrative centre.
• The alignment will have a length of 52.2 kilometres, consisting of 38.7 kilometres of elevated
tracks and 13.5 kilometres running through underground tunnels. It will have 35 stations of
which 24 are elevated and 11 underground.
• There will be 11 interchange stations with existing line and 16 stations with park and ride
facilities.
• Areas to watch out for include Kwasa Damansara, Kwasa Sentral, Sungai Besi, Bandar
Malaysia and Cyberjaya. The MRT station is located opposite the Lim Kok Wing University.
• Project started date: 15 September 2016.
• Project completion date:
i. Phase One (From Sungai Buloh Station to Kampung Batu Station) will begin operations
in July 2021.
ii. Phase Two (From Kampung Batu Station to Putrajaya Sentral Station) will begin
operations in July 2022.
Figure 5: Mass Rapid Transit 2 (MRT 2 - SSP Line)
23
Sources : www.mymrt.com.my
Central Region
d) West Coast Expressway (WCE)
• The construction of the West Coast Expressway (WCE) from Banting in Selangor to Taiping in
Perak is partly completed and opened in stages starting 2019.
• WCE project involves the development of a 313 kilometres highway, which is jointly developed by
the Public Works Department Malaysia (JKR) and concession West Coast Expressway Sdn. Bhd.
• Project started date: May 2014
• Project completion date:
i. Section 8 (19 kilometres stretching from Hutan Melintang to Teluk Intan) were opened to
traffic in May 2019;
ii. Section 9 and Section 10 (45 kilometres stretching from Kampung Lekir, Setiawan to Beruas
in Perak) will be opened to traffic in September 2019;
iii. Completion of the main link of the entire expressway is expected by 2022.
Figure 6: West Coast Expressway (WCE)
24
Sources : www.nst.com.my
e) Setiawangsa - Pantai Expressway (SPE)
• The alignment of Setiawangsa-Pantai Expressway (previously known as the Duta-Ulu Kelang

Expressway Phase-3 ‘DUKE Phase-3’), will traverse north to south of Kuala Lumpur and will serve
areas such as University Tunku Abdul Rahman, Wangsa Maju, Setiawangsa, Ampang, the Tun
Razak Exchange and Bandar Malaysia development corridor and Kerinchi.
• The SPE is a dual-two carriageway (four lanes) with 29.8 kilometres length, seven interchanges
and two ramps.
• Project started date: 2016
• Project completion date: 2020
Figure 7: Setiawangsa - Pantai Expressway (SPE)
Sources : www.klse.i3investor.com
f) Putrajaya – KLIA Expressway (MEX II)
• The Putrajaya – KLIA Expressway (MEX II) is an 18 Kilometres long, three-lane dual
carriageway that will commence at Putrajaya Interchange and merge onto the existing KLIA
Expressway in Sepang.
• MEX II, extension from the existing MEX (Maju Expressway) will provide the shortest and
direct access to KLIA1 and KLIA2 from Kuala Lumpur city centre.
• Project started date: 2017
• Project completion date: 2020
Figure 8 : Putrajaya Expressway - KLIA (MEX II)
25
Sources : www.mex.com.my
Central Region
4.2 Mixed Development Projects
Selected mixed development projects, that are expected to spur the property market in Central Region as
follows: -
4.2.1 Meta City, Sri Kembangan (Meta Residence Phase 1 - Tower A and Tower B)
Source: www.metacity.my
• The project has a land area of 4.85 hectares and feature four towers on top of the podium. It is
located near to the proposed Taman Putra Permai mass rapid transit (MRT) station and it infuses new
expression lifestyle and inspires bold trends for living, leisure and arts.
• The 39 storey (Tower A) comprises of 396 SoHo units named Meta Lux SoHo and 594 serviced
26 apartments units named Meta Lux.
• Tower B (38 storey) has not yet been launched and it comprises 462 serviced apartments units named
Meta Bliz.
• Overall, Meta City in Seri Kembangan is a transit oriented mixed-use development (TOD) consists of
SoHo and serviced apartments, hotel, office and shopping mall.
4.2.2 Eco Forest Semenyih
Source: JPPH & www.ecoworld.my
• The Eco World Gallery @ Eco Forest Semenyih is the group’s second development within the vicinity,
following its successful Eco Majestic development. Similar to Eco Majestic, Eco Forest is also an
integrated mixed-use development project that sprawls across 208 hectares of freehold land, located
next to Broga Hills.
• The first phase introduced in Eco Forest is Ebonylane. It will consist of 685 double-storey terrace
houses, named Artisan Homes, which is priced from RM598,000 and Garden Homes (30’ x 62’), which
is priced from RM792,000.
4.2.3 Setia Ecohill 2, Semenyih Setia Ecohill 2, Semenyih
Source: www.ecoworld.my
• The 408 hectares township developed by Setia Hill Sdn. Bhd., located in mukim of Beranang, district of
Hulu Langat.
• It offers a mixed development comprising double storey terrace, semi-detached, bungalows and
detached plots and business park.
• The project is expected to be completed in 2021.
4.2.4 Emerald 9 Cheras

27
27
Source: JPPH
• Mixed commercial development by GLM Emerald Square (Cheras) Sdn. Bhd and located near to the
Taman Suntex MRT Station.
• Consists of serviced apartments, hotel and shops.
• Expected to be completed in 2022.
4.2.5 Gamuda Cove, off ELITE Expressway
Source: www.gamudaland.com.my
• A new township developed on 619 hectares of land located off ELITE Expressway.
• Development by Gamuda Land and set to be the nucleus of Southern Klang Valley.
• The developer first introduced Gamuda Cove in September 2018, and its first development would be
Palma Sands and Maya Bay Residences. It comprises 490 units of double storey terrace houses and
972 units of serviced apartments
• Estimated completion Date : 2021 (Palma Sands), 2022 (Maya Bay), 2038 (Full completion)
28
4.2.6 Twentyfive.7, Kota Kemuning
Source: JPPH
• Lucent Residences, Phase 1 comprises 181 superlink homes and 98 semi-detached houses.
• The township’s first high-rise development, the Amber Residence, was launched in 2017. It will
comprise 596 serviced apartments and 32 retail shops. It is scheduled for completion in mid-2020.
4.2.7 Raudah City, Selangor Cyber Valley, Cyberjaya
Source: www.raudhahcity.com
• The Raudah City will be the first Islamic Modern City in Malaysia, it will be equipped with Lecture
halls, City’s Library and Computer Center to become the center of Islamic knowledge for lifelong
learning community towards achieving Jannah.
• It is a mega project jointly developed by PKNS and Raudhah City Sdn. Bhd.
• PKNS RaudhahVille is part of Raudhah City comprising four types of Multi Generation Super
Link Homes and three types of Skyville Residences. It is expected to be completed by 2020.
4.2 8 Bandar Rimbayu

29
Source: www.rimbayu.ijmland.com
• 760 hectares site, Bandar Rimbayu will be an iconic mixed development of residential,
commercial, recreational and parkland components.
• The integrated township is spread over four precincts: Flora, Fauna, Bayu and Commercial Hub.
4.2.9 Kita @ Cybersouth
Source: www.lbs.com.my
• Kita @ CyberSouth is situated in the up-and-coming southern corridor of the Greater Klang Valley.
• Sited on Malay reserved land contiguous with each other forming a huge land area of about 256
hectares, the development is anticipated to comprise terrace houses, town houses, apartments,
shops and commercial lots.
4.2.10 KL Metropolis
30
Source: JPPH
• KL Metropolis is a mixed commercial development that will be developed on 30.5 hectares of land
located within Dutamas, Kuala Lumpur vicinity.
• It is divided into nine phases of development known as Met 1, Met 2, Met 3, Met 5, Met 6, Met 7,
Met 8, Met 9 and MITEC exhibition centre.
4.2.11 Rencana Royale
Source: JPPH
• The project is built on Sungai Penchala Malay Reserved Land.

• Rencana Royale is a 13-storey commercial development featuring Corporate Suites in the sky,
double storey Garden Suites, Deluxe Duplex Suites, Deluxe Suites, Executive Duplex Suites and
Executive Suites.
• It comprises of 622 suites together with 13 retail lots and food court.
4.2.12 8th & Stellar, Bandar Baru Sri Petaling
Source: JPPH
• 8th & Stellar is a mixed commercial development built on 0.89 hectares of leasehold land.
• This project consists of two towers housing 138 units duplex loft, 522 units serviced apartments,
six units shoplots and 120,000 sq ft office spaces.
• The project is currently under construction.
4.2.13 The Tropika Bukit Jalil
31
31
Source: JPPH
• The Tropika is a an integrated development with of residential and commercial components.

• Land site of 2.6 hectares, developed by Berjaya Land Berhad.
• The residential part of the project consists of 868 condominium units.

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KEMENTERIAN KEWANGAN MALAYSIA

JABATAN PENILAIAN DAN PERKHIDMATAN HARTA

VALUATION AND PROPERTY SERVICES

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2 Overview of Central Region Property Market

Figure 1: Malaysia’s Population by Sex, Citizenship and Age Group Q2 2019

Source : Department of Statistic, Malaysia

Figure 2: Demographic Statistic by State, Q2 2019e, Malaysia

Source : Department of Statistic, Malaysia

The Central Region property market performance improved in H1 2019, indicated

3.0 PROPERTY FOCUS

3.1 Selangor Affordable Housing Programmes

Project Type Area Selling Price Income

3.1.1 Taman Puchong Utama, off Persiaran Puchong Utama

Lot No. : 1333

3.1.3 Pangsapuri Alpinia, off Lebuhraya Damansara-Puchong (LDP)

Lot No. : PT1975

3.1.5 Laman Adonis, Kundang Estate

Lot No. : 24680

3.1.7 Sungai Kapar Indah, Kapar

Lot No. : PT 80314 to PT 80574

Lot No. : 117125

3.1.9 Eristina, Sungai Buluh

Lot No. : 4491 and PT 20608

Lot No. : 871, 872 and 873

3.1.11 Pangsapuri Taming Mutiara, Bandar Sg Long

Lot No. : PT 46823 and 46824

Lot No. : 2351

3.1.13 Jade Hills, Kajang

Lot No. : PT 71607, PT 71608 and PT 71609

Residensi Wilayah (previosly known as RUMAWIP) is an affordable housing scheme providing

3.2.1: Residensi Metro Kepong, Taman Metropolitan, Kepong

Lot No. : 81175

Lot No. : PT 26755

3.2.3: Residensi Enesta Kepong, off Jalan Kepong

Lot No. : 58453

Lot No. : 32075

3.2.5: Residensi Lanai Bukit Jalil, Bukit Jalil

Lot No. : 36478

Lot No. : 27544

3.2.7: Residensi Desa Satumas, Taman Desa

Lot No. : 58433

Lot No. : 101132

3.2.9: Residensi Selayang Damai, Batu Caves

Lot No. : 55600

Lot No. : 26435

3.2.11: Residensi Hektar, Jalan Gombak

Lot No. : 8947 and 8948

Lot No. : 30135 (Lot 3799)

3.2.13: Residensi Laman Sari, Jalan Lingkaran Tengah II

Lot No. : PT 1613

Lot No. : PT 9238

3.2.15: Residensi Minest, off Sentul Jaya

Lot No. : 67381

Lot No. : 29787 (PT 28372)

Lot No. : 46040 (PT 15368)

4.1 Infrastructure Projects

a) East Coast Railways (ECRL)

Figure 3: The East Coast Rail Link (ECRL) Rail Network

Source : Malaysia Rail Link Sdn Bhd

b) Light Rail Transit 3 (LRT 3)