Have you been considering to invest in new properties or maybe even a new environment for your own stay? Well, that would be a great idea as property investments are in top demand at the moment. One can never deny the Return of Investments (ROI) from property investments as it is much more secure and comforting compared to many other investment opportunities.
According to the National Property Information Centre (Napic), a total of 99,922 transactions worth RM34.65 billion were recorded in 1H 2019, an increase of 6.1% in volume and 9.5% in value. Kuala Lumpur recorded the highest uptrend in transactions at 7%, followed by Selangor with 5.8%, Johor 1.2% and Penang 0.5%.
Cheras is no longer a stranger to anyone who lives around Kuala Lumpur and Selangor area. In fact, most of us will somehow pass through this geographically resourceful, vibrant and greenery town which is at the border connecting both cities of Selangor and Kuala Lumpur. Often times, people mistook Cheras as a very old, traditional and boring town, but little did they know what they have been missing out this whole time!
To add on even more flavours to this beautiful town, many developers have started up their various projects and this includes a handful of new living community developments such as new condominiums and residential units. Here’s why Cheras is definitely a great consideration for property investments.
1. Cheras town is a great spot for foodies to settle in
Whether you’re a food-venturous or just have the yummy taste buds to try and savour everything good and sumptuous, then Cheras will never disappoint you. Just imagine living with a wide range of cafes, restaurants, food stalls and bars to cater to your tummy while being great spots for your Instagram OOTD pictures! Just click away. Moreover, Cheras also has the longest and most famous night market (Pasar Malam) up to date at Taman Connaught that’s not to be missed every Wednesdays.
Visual by Deposit photos: https://depositphotos.com/304881804/stock-photo-kuala-lumpurmalaysia-sept-42019-people.html
2. Effective public transport system
The Sungai Buloh-Kajang MRT line alone will pass through eleven different stations around Cheras itself. On top of that, there are also LRT services in other parts of Cheras with quite a number of Rapid Bus passing through the ‘tamans’ and deeper areas of the town. In short, public transport is easily accessible and it definitely saves you travelling cost and money.
3. High availability of public services, institutions and medical attention
Cheras has a number of schools, private learning centres as well as universities such as UCSI and UTAR. This creates a better opportunity for students who are considering to further their education, while still being close to their home and can save a lot on rental and other expenses out of town. Besides that, Cheras has several established malls and outlets such as IKEA Cheras, Cheras Sentral Mall and Sunway Velocity to name just a few. These malls have always been a high attention leisure spot even for those who are out of Cheras! Furthermore, there are many medical, wellness and health centres around the Cheras area. Looking for a good facial or massage? Just look around the streets of Cheras and you can find many certified and highly rated parlours ready to welcome you in.
Cheras: Ever Progressive & Transformative
Despite being one of the oldest towns and a district in the Federal Territory, Cheras has been surprising us with its ever-progressive transformation. It is advisable to familiarise yourself with this place by visiting as well as exploring some of the new condominium offerings in Cheras to scour more ‘hands-on’ details.
Related Article: Top 3 Things to Consider Before Getting Your New Condo for Sale
Mah Sing’s initiative of a new affordable condominium at Cheras is a cozy abode to match the lifestyle of the dynamic on-the-move cosmopolitan urbanite. Prime location; convenient connectivity to anywhere and breathtaking views of KLCC from the living room. Ample facilities and generous community spaces. Situated in a thriving mature neighbourhood. All these from the one and only M Vertica KL City.
M Vertica KL City: Covered walkway to Maluri LRT & MRT interchange 500m away
Citations:
https://focusmalaysia.my/property/property-hotspots-in-2020/
https://omh.sg/blog/post/cbre-wtw-launches-asia-pacific-real-estate-market-outlook-2020
