Categories
Analysis Condominium House Malaysia Property Public Transport Rental Serviced Apartment Urban

House rental rates nearby the Kelana Jaya LRT line

Reading time: 3 minutes

Some of us may wonder how the Kelana Jaya light railway transit (LRT) line has affected the rental rates of nearby houses.

Our team at RED ANGPOW has performed an analysis on that subject matter recently.

We have gathered data on rental prices of more than 90 residential areas along the Kelana Jaya LRT line that covers the distance of 46.4 kilometers and 37 stations.

Then, by using our very own tool, we formulated some graphical analyses to describe the patterns of rental rates along that LRT line.

The first analysis

Kelana Jaya LRT line

Firstly, we have detected there are 39 residential areas with the rental rates lower than RM2,000 per month.

On the contrary, tenants in 58 residential areas need to fork out more than RM2,000 every month to pay for their rents.

The second analysis

Kelana Jaya LRT line

Secondly, we have also analyzed the range of rental rates for apartments, condominiums, link houses, and serviced residences and compared their distances from the Kuala Lumpur city center.

For houses located in residential areas within the distance of 19 km from the city center, the rents range from RM900 to RM8,500 per month.

Most of the houses in those residential areas are rented out at the rates of between RM1,000 and RM5,000 per month.

Only two residential areas have rental rates of below RM1,000 per month while five residential areas comprise houses with rents higher than RM5,000 per month.

The third analysis

Kelana Jaya LRT line

Thirdly, we will take a look at rental rates for houses nearby stations along the Kelana Jaya LRT line.

From the chart, we can see that a 4-bedroom house nearby Ampang Park LRT station can be rented out at a rate of about RM7,000 per month.

On the other end, tenants are expected to pay the monthly rent of RM1,300 for a 3-bedroom house nearby Wawasan LRT station.

If you think a single bedroom house can be rented at a lower rate, then you are in for a surprise.

A single bedroom house located in the vicinity of Kerinchi LRT station may contribute around RM4,000 to the landlord’s income every month.

The final analysis

Lastly, let’s find out the median rental rates for 3-bedroom houses in residential areas located nearby the Kelana Jaya LRT line.

Altogether, there are 19 residential areas with 3 bedrooms around 11 LRT stations which comprise 16 condominiums, 2 apartments, and 1 serviced residence.

Those LRT stations are Wawasan, Lembah Subang, Kelana Jaya, Taman Melati, Wangsa Maju, Gombak, Ara Damansara, Sri Rampai, Universiti, Bangsar and Dato’ Keramat.

Any unit at The Haute condominium which is located about 1 kilometer from Dato’ Keramat LRT station can be rented out at the rate of RM2,000 per month.

The second place goes to Menara Pelangi apartment (about 10-minute walk from Bangsar LRT Station) with the rental rate almost equalling The Haute.

For those who plan to rent a 3-bedroom house with the rental rates lower than RM1,500, they may look around somewhere near Wawasan LRT Station.

Rhythm Avenue, The 19 USJ City Mall and Goodyear Court 10 will be the right places for them to start searching.

All those three residential areas are conveniently located about 1 kilometer away from the Wawasan LRT Station.

Before we go…

In the future, RED ANGPOW will perform similar analysis on Sri Petaling and Ampang LRT lines.

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Other articles:

Locating the Damansaras on Malaysia map

What does RED ANGPOW do?

Categories
Analysis Community Malaysia Malaysian Public Transport Urban

Wilayah Persekutuan harus lebih mesra masyarakat bandar

Tempoh bacaan: 6 minit

1 Februari setiap tahun merupakan tarikh yang selalu diingati warga Wilayah Persekutuan.

Bagi kebanyakan daripada mereka, 1 Februari adalah cuti umum di mana mereka boleh berehat dan meluangkan masa bersama keluarga.

Namun, tidak ramai yang mengetahui mengapa Hari Wilayah Persekutuan ditetapkan pada tarikh 1 Februari.

Tarikh berkenaan adalah bersempena pembentukan Kuala Lumpur sebagai ibu negara Malaysia dan Wilayah Persekutuan pertama pada 1 Februari 1974.

Kuala Lumpur sebelum itu merupakan sebahagian daripada negeri Selangor.

10 tahun kemudian, Labuan yang pada awalnya sebahagian daripada pentadbiran Sabah pula diwartakan sebagai Wilayah Persekutuan.

Putrajaya yang dijadikan pusat pentadbiran kerajaan Persekutuan diisytiharkan sebagai Wilayah Persekutuan pada 2001.

Ketiga-tiga wilayah ini dikawal selia Kementerian Wilayah Persekutuan (KWP) dan ditadbir pula oleh pihak berkuasa tempatan berkaitan iaitu Dewan Bandaraya Kuala Lumpur (DBKL), Perbadanan Labuan dan Perbadanan Putrajaya.

Wilayah Persekutuan

Mengimbas kembali, landskap Kuala Lumpur yang bermula sebagai kawasan perlombongan bijih timah kini berubah dengan pelbagai pembangunan fizikal dan ekonomi.

Bangunan pencakar langit dapat dilihat merata-rata dengan prasarana pengangkutan, pendidikan, pusat perniagaan, pelancongan semuanya ada di sana.

Sesuailah dengan statusnya sebagai sebagai ibu negara dan bandaraya metropolitan yang menjadi tumpuan orang ramai dari dalam dan luar negara.

Bagi Labuan pula, kawasan yang terletak kira-kira 10 kilometer dari pantai Sabah itu dahulunya merupakan kawasan yang terpinggir dari arus pembangunan.

Setelah diisytiharkan sebagai Wilayah Persekutuan, Labuan mula menjadi antara destinasi utama pilihan pelabur asing.

Ia berlaku terutama selepas ia diiktiraf sebagai Pusat Kewangan Pesisir Antarabangsa atau IOFC pada Oktober 1990.

Labuan juga diiktiraf sebagai pulau bebas cukai sejak 1956.

Bagi Putrajaya pula, ia mula menjadi pusat pentadbiran kerajaan Persekutuan pada 1999 bagi menggantikan Kuala Lumpur.

Daripada sebuah tempat terpencil yang dikenali dengan nama Prang Besar, Putrajaya yang terletak 25 kilometer di Selatan Kuala Lumpur telah menjadi sebuah bandar terancang, pintar dan dikelilingi taman.

Selepas 16 tahun Hari Wilayah Persekutuan diraikan, pelbagai perkara dilihat masih perlu diberikan tumpuan.

Terutamanya bagi menjayakan matlamat mewujudkan Wilayah Persekutuan khususnya Kuala Lumpur yang lebih mesra masyarakat bandar.

Pengangkutan awam

Kesesakan lalu lintas ekoran kepadatan pembangunan di sekitar Kuala Lumpur antara masalah utama yang membelenggu kehidupan warga kota.

Ia dilihat hanya boleh diatasi menerusi perubahan besar dalam sistem pengangkutan awam di Lembah Klang.

Kesesakan lalu lintas berlaku ekoran banyaknya jumlah kenderaan persendirian di atas jalan raya.

Bayangkan, terperangkap dalam kesesakan lebih satu jam seperti sudah menjadi kebiasaan walaupun jarak antara rumah dan tempat kerja tidaklah sejauh mana.

Sehubungan itu, satu langkah mesti diambil terutama oleh kerajaan bagi memberi jaminan kepada orang ramai bahawa memilih penggunaan pengangkutan awam adalah lebih ‘berbaloi’ buat mereka sama ada daripada segi masa dan wang berbanding menggunakan kenderaan sendiri.

Jadi, perlulah dipastikan bahawa pengangkutan awam seperti perkhidmatan rel, LRT, komuter dan MRT selain bas lebih luas capaiannya malah lebih berpatutan dan murah.

Perkhidmatan bas percuma GO KL merupakan satu inisiatif yang cukup baik, meluaskan lagi laluannya sudah tentu akan memberi manfaat kepada lebih ramai penduduk.

Masalah pengangkutan awam juga berlaku di Putrajaya terutamanya bas, di mana aduan tersebut telah banyak kali didengar.

Akibat daripada masalah berkenaan, bilangan kenderaan persendirian semakin bertambah dan seterusnya berlaku masalah parkir terutama di kawasan pejabat-pejabat pentadbiran kerajaan.

Kawalan pembangunan

Apabila sesuatu kawasan telah menjadi tumpuan orang ramai, pembangunan yang dijalankan bagi melengkapkan keperluan penduduk sudah tentu amat dialu-alukan.

Namun begitu, pembangunan yang berterusan memerlukan kawal selia bagi mengelak setiap pembangunan itu mendatangkan masalah pula kepada penduduk.

Pembangunan terancang seperti pembinaan kawasan-kawasan perumahan dan kompleks beli-belah baharu perlu dilakukan, supaya tidak menambahkan kesesakan di ibu kota khususnya Kuala Lumpur.

Ada di sesetengah tempat, pembangunan kediaman adalah melebihi daripada permintaan, manakala ada pula pembangunan baharu tidak mengambil kira isu kekurangan tempat letak kenderaan kenderaan.

Perparitan, takungan banjir

Banjir kilat yang sering berlaku merupakan antara masalah yang masih gagal diselesaikan di Kuala Lumpur.

Hujan lebat berterusan di ibu kota acap kali menjadi mimpi buruk, jalan-jalan akan dinaiki air, kesesakan berlaku, malah ada pula kenderaan yang rosak akibat terperangkap dalam banjir.

Sebahagian besarnya berpunca daripada masalah sistem perparitan yang tidak sempurna, tidak diselenggara dengan baik.

Malah, pakar hidrologi persekitaran, Prof. Datuk Dr. Mohd Ekhwan Toriman pernah dilaporkan berkata, Kuala Lumpur memerlukan lebih banyak sistem takungan banjir bagi mengatasi masalah banjir kilat yang kerap berlaku, terutamanya ketika musim hujan lebat.

Sistem takungan banjir itu katanya, amat diperlukan di kawasan-kawasan berhampiran hilir Sungai Klang seperti Sungai Buloh, Shah Alam dan Petaling Jaya.

Beliau berkata, setakat ini di ibu kota, hanya terdapat satu sistem takungan banjir di lembangan Sungai Klang yang menyalurkan air kepada sekurang-kurangnya tujuh kolam takungan.

Kawasan hijau, taman rekreasi

Bagi memastikan kelestarian bandar raya seperti Kuala Lumpur yang dihimpit dengan pelbagai pembangunan, penyediaan kawasan hijau yang cukup untuk masyarakat bandar perlu diberi perhatian.

Bertambahnya kenderaan, jalan raya dan kawasan pembangunan perumahan, kediaman dan komersial mengakibatkan berlakunya peningkatan suhu bandar raya Kuala Lumpur.

Gambar: Mohd Noor Mat Amin / Kosmo!

Sehubungan itu, kawasan hijau sedia ada perlu dikekalkan bagi mengimbangi peningkatan suhu dan penambahan pokok dan kawasan hijau perlu dilakukan bagi membantu pengurusan kepulauan haba di bandar raya.

Taman-taman rekreasi juga perlu ditambah bagi menampung keperluan penduduk yang semakin meningkat.

Pembangunan taman-taman rekreasi, lapang dan hijau penting ketika kesedaran mengenai aspek kesihatan, riadah amat diberikan tumpuan oleh orang ramai.

Hari ini, masa yang berkualiti bersama keluarga tidak lagi boleh dilihat hanya di pusat beli belah.

Putrajaya sebagai sebuah bandar terancang, dilihat tidak mengalami masalah ini, malah dapat dilihat kawasan tersebut sering menjadi pilihan terutama pada waktu hujung minggu untuk orang ramai beriadah, berbasikal ataupun berjoging.

Mereka yang datang itu, tidak hanya dari dalam kawasan Putrajaya malah dari kawasan lain, tetapi mereka sanggup datang kerana banyaknya kawasan riadah di Putrajaya yang menarik dan selesa.

Pusat tumpuan pelancong

Pelancongan merupakan antara bidang yang meningkatkan ekonomi sesuatu kawasan.

Peningkatan jumlah pelancong, tentunya memberikan kesan positif kepada aspek ekonomi dan limpahannya pasti akan dirasai oleh penduduk.

Peluang-peluang pekerjaan juga akan bertambah dan perkara itu perlu diberikan perhatian dalam pembangunan pulau Labuan.

Berbanding Langkawi, Labuan dilihat jarang menjadi pilihan oleh pelancong sama ada dari dalam dan luar negara meskipun Labuan mempunyai pantai dan pulau yang boleh menjadi tempat tarikan pelancong.

Promosi berterusan dilihat antara aspek yang perlu dilakukan dan dipertingkatkan demi merancakkan sektor pelancongan di Labuan.

Lima perkara di atas merupakan sebahagian daripada cadangan yang dilihat mampu menjadikan Wilayah Persekutuan sebagai kawasan yang menawarkan kehidupan berkualiti kepada penduduknya.

Banyak lagi aspek yang dilihat boleh ditambah baik dan diberikan perhatian seperti kebersihan, pengurusan sisa pepejal dan kualiti jalan raya.

Semua perkara yang dicadangkan itu memerlukan penglibatan langsung oleh orang awam.

Tanpa kerjasama daripada masyarakat, lakukanlah perubahan besar dalam setiap aspek sekali pun, ia tidak akan mencapai objektif sebaliknya masih di takuk lama dan menjadi sia-sia.

RED ANGPOW juga bersedia menawarkan kepakaran kepada pihak berkuasa tempatan yang berkaitan dari segi penyediaan data dan analisis yang membantu usaha mewujudkan Wilayah Persekutuan yang lestari, mapan dan mesra penduduk.

Artikel ini ditulis oleh Badrul Hafizan Mat Isa dan disunting oleh Hussaini Amran.

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Categories
Analysis Dining Finance Food Lifestyle Malaysian Public Transport Urban

Cheap prices don’t last forever

Reading time: 3 minutes

More than a year has passed since the abolishment of Goods and Services Tax (GST) in June 2018 and the reintroduction of Sales and Services Tax (SST) three months later.

From the very first day of its implementation, GST has been accused as the culprit in driving prices up, especially essential consumer items like food and non-alcoholic beverages.

So, most Malaysians expected prices would at least be stabilized after GST was no longer enforced.

Yes, the prices on a great number of products were cheaper when the GST rate was set to zero from June to August 2018 though the same situation was virtually nonexistent for services.

But, good things don’t last forever, especially when it comes to cheap prices.

The usual suspects

That was evident in the Consumer Price Index (CPI) Malaysia November 2019 report released by the Department of Statistics, Malaysia on 20 December 2019.

CPI (read: inflation) has increased by 0.9% within a span of one year from November 2018 (121.0) to November 2019 (122.1).

prices

Well, the usual suspects in driving the overall index up were Miscellaneous Goods & Services (2.5%), Housing, Water, Electricity, Gas & Other Fuels (1.7%), Education (1.6%), Food & Non-Alcoholic Beverages (1.5%), Communication (1.5%), and Furnishings, Household Equipment & Routine Household Maintenance (1.5%).

Besides, the CPI has also increased slightly by 0.1% within a month since October 2019.

The spike was contributed by the increase in the index of Housing, Water, Electricity, Gas & Other Fuels by 0.4%, Miscellaneous Goods & Services (0.4%), and Health (0.2%).

In the same manner, the first 11 months of 2019 witnessed an increase in price index at the rate of 0.7% compared to the same period a year before.

For Food & Non-Alcoholic Beverages, the index has increased by 1.5% in November 2019 in comparison with November 2018.

To be more specific, the hike was caused by the food sub-group of Vegetables (2.0%), Food Products not elsewhere classified (1.6%), Milk & Eggs (1.4%), Fish & Seafood (1.3%), and Fruits (1.1%).

Costs more to eat out

Since prices of food items are generally up, the cost of eating out was a bit higher in November 2019 when compared to the same month in 2018.

The increase of the price index of this sub-group was caused by the rise in the prices of Rice with Side Dishes, Food Made from Noodles, and Fried Chicken.

prices

Absolutely, cooking at home will always be the cheaper alternative for those who are not willing to fork out extra money for dining out.

The expensive states

Meanwhile, two federal territories and two states had CPI higher than the national rate of 0.9% in November 2019 and the winners were Kuala Lumpur (1.4%), Selangor & Putrajaya (1.3&), and Pulau Pinang (1.1%).

While all 14 states experienced an increase in the index of Food & Non-Alcoholic Beverages, six states and two federal territories registered rates higher than the national index for that category in November 2019.

The highest rate was recorded in Selangor and Putrajaya (2.0%), trailed by Kuala Lumpur and Pulau Pinang (1.9%), Perak and Johor (1.8%), and Kedah and Perlis (1.6%).

Core index

For core index, the rate climbed by 1.4% from November 2018 to November 2019 and three groups which contributed significantly to the increase were Miscellaneous Goods & Services (2.5%), Housing, Water, Electricity, Gas & Other Fuels (2.1%) and Food & Non-Alcoholic Beverages (1.8%).

Please take note that the Department of Statistics, Malaysia excludes the most volatile items of fresh food and administered prices of goods and services from the calculation of core index.

prices
Up, down, or stay the same?

What lies await for us in 2020? Will the first year of the new decade see the utopian dream of zero inflation rate finally come true?

With the introduction of sugar tax last year and digital tax this month, let us all pray the dream won’t turn to a nightmare.

Don’t miss reading these articles:

Slow climb out of the housing property market doldrums in 2020

Condominium Near Train Stations

Categories
Public Transport Uncategorized

Bus Network in TTDI and Sungai Penchala

TTDI and Desa Sri Hartamas have many more bus stops compared to lower income area of Sungai Penchala and certain parts of Kota Damansara. Who actually rides the bus? The poor or the affluent? We need to review our bus routes to contain income inequality gap.

– We ran this campaign on twitter and received a lot of feedback. Among the interesting ones are:

“Most of the TTDI bus stops are historical. Busses themselves like Sri Jaya, Bas Mini & Intrakota had came and gone but location of the bus stops didn’t change. Busses used to start and terminate at Jln Burhanuddin Helmi in front of the former Singer shop. The Sg Penchala route was only added later. This may give some explanation why there are less bus stops in Penchala.” – Fareen Ali

“Cerita dia macam ni. Dulu Sg Penchala ada bas IntraKota. Driver akan buat uturn depan masjid untuk turnaround route. One day orang kampung block jalan. Driver bas terlanggar kereta tu. Driver kena pukul villagers. Intrakota terus stop servicing. Sendiri bodoe pukul driver” – @1Obifiend

Categories
Analysis Condominium Property Public Transport

Moving 5 train MRT stops away from a KL Sentral train station can strip more than RM500K off property prices

It is not hard to see why residential property located near to train stops is highly demanded. Among the benefits living near to MRT stops are convenience, cutting short travelling time and, saving money from paying tolls and car parking fee. However, like many other great things in life, it cost money.

As per our previous analysis suggests the closer the property to train station, the higher the price is (click here). Nevertheless, what is more important to home price is the distance of the nearest train stations to the city center. The closer the stations to the transportation hub of KL Sentral, much higher the price is. It carries far greater influence to home price. In these article we will focus on distance of the stations to the city center rather than the property distance to nearest train stations.

What we cover in this analysis is how property price within one kilometer to train station changes according to distance and time taken to travel to KL Sentral. For this purpose, we have divided MRT SBK lines into two parts- Muzium Negara to Kajang and, Muzium Negara to Sungai Buloh. As for now, we only cover property price near the stations of south-east bound MRT SBK line from Muzium Negara station to Kajang station.

*Note: Muzium Negara station is connected to KL Sentral station by short walking distance. First, let’s look at the overview of MRT SBK line.

MRT SBK (Sungai Buloh – Kajang)

MRT SBK line started its operation on the first alignment from Sungai Buloh to Semantan on Dec 2016. The entire alignment was completed and started its full operation from Sungai Buloh to Kajang on Jul 2017.

Source : https://www.mymrt.com.my

Highrise residential property price near MRT stops.

We have gathered the current asking price of residential properties within 1 kilometer radius from MRT stations for this analysis. In order to make comparison easier, we put all property units into a common denominator of 1,000 square feet unit and we calculated the median price. Why we use 1,000 square feet is because it is a reasonable size of a decent sized dwelling of 3 bedrooms.

Unlike Singapore or Hong Kong, Malaysia is not land-scarce nation, where options for housing aren’t that many. In Malaysia, we have many land banks and increased in transportation connectivity has given us many more options to choose from.

The analysis

As depicted by the chart below, it is clear that the price of property near MRT SBK stations is strongly correlated to the distance of nearest station to Muzium Negara.

Click chart to enlarge

Total travel time from Muzium Negara to Kajang is around 51 minutes and cost you less than RM4 for one way. Along the the train line, the prices reduce relative to the distance to Muzium Negara. You can rarely find 1,000 feet homes with price below RM800K around city center stops ( Muzium Negara, Merdeka, Bukit Bintang and Tun Razak Exchange ). As you travel further down south to Cochrane station the price drops to below RM700K. If you go further to another stop to Maluri, the price starts to drop around RM500K. All it takes is 19 minutes from Muzium Negara and cost you RM2.60 before discount for one way. If you don’t mind adding more time to your commuting, you can see 1,000 square feet homes price at below RM300K at some of the stops at the end of the MRT SBK line.

Everyone wants a better life. Being closer to work place is convenient and give you more personal time. The question is, how much additional premium would you pay to have that? Or, should I put it the other way around, how much additional time you can spend commuting in order to save a lot of money? We leave it to you to ponder. Good financial management or live the most convenient life or anything in between?

The map

Map below illustrates MRT SBK stops in the analysis. Click on the link for interactive map.

Map of property near train station. Click her to view dashboard

As such, that’s it for now. We are a social entrepreneurs that aims to help home buyers to make smarter decision. Our articles are data driven, factual and transparent. We promise to deliver you more in depth analysis. Please subscribe to our newsletter to receive future articles in your mailbox.

Categories
Condominium Public Transport Serviced Apartment

Interactive Map of Condominiums and Serviced Apartments Near Train Stations

Condominiums in Kuala Lumpur, Selangor & PutrajayaAbout half of the property on sale in Klang Valley, Malaysia are condominiums and serviced apartments. We have design an interactive maps with key statistics to help home buyers to make smarter decision in choosing the right location and the right price for their new homes. This dashboard focus on condominiums and serviced apartments within 1 kilometer to the nearest train station because we know that access to public transportation is a key consideration in deciding where to buy a house.

Click here for full page interactive map
[iframe src=”https://www.redangpow.com/property/nearstation.html”]