Please contact Thien (016-2838 268) for viewing. BUILDING: 3 STOREY SHOP LOT LAND AREA: 20’ X 70’ TENURE: LEASEHOLD (20th July 2103) OCCUPIED: VACANT UNIT TYPE: INTERMEDIATE SELLING PRICE: RM760,000.00 Located in Kuala Selangor, Ijok is a Chinese-dominated town with a number of Kampung Baru or New Village houses. However, in recent years, big property players such as LBS Bina and Eco World have launched township developments in the locality. Ijok has attracted the developers due to its low land cost and its location within Greater Kuala Lumpur, about 50km to Kuala Lumpur city centre. There is also a new alternative access route in the form of the Kuala Lumpur-Kuala Selangor Expressway (LATAR). Properties there are still affordable, with housing demand expected to increase in the coming years. LATAR Expressway as the catalyst to property development growth in Ijok. The LATAR Expressway and West Coast Expressway will be the main catalysts in this region, as they provide links to the northern and southern parts of Peninsular Malaysia. Prices of large tracts of agricultural land plots are about RM3 psf to RM5 psf, while those with development potential are about RM6 psf to RM8 psf, he offers. The outlook for Ijok’s property market is positive, in the sense that there is still room for real estate values to increase. In the secondary market, data collated by VPC Alliance showed that average transacted prices of double-storey intermediate terraced houses in Ijok’s Lorong Cakera Purnama has shown moderate price appreciation. The average transacted price has only increased slightly by 5% from RM275,000 in 2015 to RM290,000 in 2016, while the average transacted price of single-storey intermediate terraced houses in Lorong Mahkota Impian has also appreciated slightly by 6% from RM265,000 in 2016 to RM280,000 in 2017 Based on EdgeProp.my data, the average transacted price of landed residential property in Ijok has been on the uptrend over the past five years. From 2013 to 2016, the average transacted price has grown more than 50%. However, the price has stayed at RM270,000 from 2016 to 2017.
Selangor - Kuala Selangor