Top Neighborhoods for Landed Property in Malaysia
Mont Kiara, Kuala Lumpur
Mont Kiara is a well-established expatriate enclave renowned for its high-end developments and extensive amenities. It is considered one of the best neighborhoods for landed property in Malaysia due to its strategic location, international schools, and vibrant expatriate community. Properties in Mont Kiara are popular among both locals and foreigners, offering an array of luxurious bungalows, semi-detached houses, and townhouses. The neighborhood is also known for its lush green spaces, providing a serene environment within the bustling city of Kuala Lumpur.
Desa ParkCity, Kuala Lumpur
Another noteworthy area is Desa ParkCity, which has gained tremendous popularity in recent years for its self-contained, well-planned community. This neighborhood features a mix of residential and commercial spaces, along with parks, a hospital, and an international school. The landed properties in Desa ParkCity are modern and spacious, making it a top choice for families seeking a blend of convenience and comfort in the heart of the capital. The Waterfront retail center also provides residents with a range of dining and shopping options.
Damansara Heights, Kuala Lumpur
Damansara Heights is one of Kuala Lumpur’s oldest and most exclusive neighborhoods. This area is known for its large, sprawling bungalows and high-value real estate. Offering a quieter lifestyle away from the city’s hustle and bustle, Damansara Heights has become a sought-after location for the affluent due to its proximity to the city center and prestigious educational institutions. It is a prime location for those seeking a prestigious and peaceful abode in the capital.
Taman Tun Dr Ismail (TTDI), Kuala Lumpur
Taman Tun Dr Ismail, widely known as TTDI, is another premium choice for landed property in the vicinity of Kuala Lumpur. It provides a balance of accessibility and suburban charm, with well-maintained parks, a tight-knit community, and a thriving local food scene. Landed properties here include single-family houses and semi-detached units that cater to upper-middle-class families and professionals desiring a tranquil lifestyle within reach of urban amenities.
Georgetown, Penang
Moving north to Penang, Georgetown is an area steeped in history with a unique cultural atmosphere. The UNESCO World Heritage Site is not only a tourist hotspot but also a favored residential area for those appreciating heritage shophouses and colonial-era bungalows. Despite its history, the area offers modern comforts amidst its rustic charm, making it a distinctive and desirable location for landed property seekers in Malaysia.
Bangsar, Kuala Lumpur
Bangsar is a perennial favorite among locals and expatriates alike, thanks to its excellent location, trendy lifestyle, and diverse range of eateries and entertainment options. The neighborhood features an array of landed properties, from quaint old houses to contemporary renovations and new developments. Bangsar’s connectivity, along with its reputation as a socially vibrant area, continues to solidify its position as one of the top neighborhoods for landed property purchases in the capital region.
Setia Alam, Selangor
In Selangor, Setia Alam has risen as a popular choice for landed property in a master-planned community. It offers comprehensive amenities and facilities, including a mall, convention center, and several schools. With a variety of property types such as terraced houses, semi-detached homes, and bungalows, Setia Alam caters to a spectrum of home buyers seeking a harmonious blend of urban living and natural surroundings.
Statistic on Landed Property Market in Malaysia
According to the National Property Information Centre (NAPIC), the residential property market in Malaysia saw a rise in transaction volume by 15.7% in H1 2021 compared to H1 2020, signaling a recovering market with sustained interest in landed properties among homebuyers and investors.