bukit jalil

Property expert Ho Chin Soon was recently invited by property developer Trinity Group to speak to a crowd on Bukit Jalil’s potential as the next big development township.

Speaking at Trinity Group’s launch of the Z Residence master suites, Ho said that its strategic location as well as the improved infrastructure which comprises upgrades of various road and rail projects are the main reasons for the rapid development in Bukit Jalil.

“In the past, Bukit Jalil mainly catered to those who worked at Technology Park Malaysia, its main industrial area, and the nearby vicinity. However, with new highway extensions we can see an influx in population growth for Bukit Jalil, catering to those who work in Kuala Lumpur (KL) and Petaling Jaya (PJ). In the near future, residents of Greater KL including those in Bukit Jalil can be expected to travel conveniently and even work in places like Iskandar Malaysia, and Singapore – thanks to the upcoming high-speed rail link project,” said Ho.

Ho also referenced the MRT Blue Circle and Putrajaya Lines, as well as the Kelana Jaya LRT extensions which will connect to the MRT Lines. Based on the new rail tracks, road extensions are also underway for better connectivity to Bukit Jalil.

“This is a good opportunity for both developers and buyers as the time is ripe to invest in Bukit Jalil and foresee good return in the near future. The average growth for house price in KL is 6.17% per annum in the last 22 years. Buyers can expect a good return on investment in approximately five years, once all the road and rail projects are completed,” he commented.

Ho also said that this trend will continue at the same rate as long as Asia is not faced with a financial crisis in the near future. Although house prices in Malaysia are steadily increasing, the growth is still reasonable compared to Singapore where prices can go up to thousands of ringgit per square foot.

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interesting news, earlier this week i got a neighbour who is keen on letting is semi-detached house for sale

not a big house nor is it fully renovated, he brought it for 1.2 M and is selling at 2.55 M

a lot of suitor come, thus he raise it to 2.8 M

and i speak to my dad to hold up before we sell our home.. it can still go higher.. 

^^