Share
Old Klang Road (OKR) has recorded 510 residential property transactions in 2019 at an average transacted price of RM532,738 or RM434 psf. Meanwhile, in 2020, 123 residential properties changed hands at an average price of RM479,598 or RM486 psf, according to EdgeProp Research.
Read also
Old Klang Road rentals remain intact
Old Klang Road: Oversupply of high-rise homes?
Looking at past transaction prices (average psf) from 2012 to 3Q2020, residential properties in OKR have enjoyed a healthy growth over the years.
Amongst all segments, terraced houses recorded the highest price growth of 78%, where average selling price (psf) increased to RM478 from RM268 in 2012, while bungalows and semidees recorded price growths of 48% and 29% respectively.
The condominium segment (including serviced apartments) saw a price growth of 73% to RM409 psf from RM236 psf in 2012.
This story first appeared in the EdgeProp.my e-weekly on Feb 19, 2021. You can access back issues here.
Get the latest news @ www.EdgeProp.my
Subscribe to our Telegram channel for the latest stories and updates
TOP PICKS BY EDGEPROP
Robin @ Bandar Rimbayu
Telok Panglima Garang, Selangor
Robin @ Bandar Rimbayu
Telok Panglima Garang, Selangor
Robin @ Bandar Rimbayu
Telok Panglima Garang, Selangor
Robin @ Bandar Rimbayu
Telok Panglima Garang, Selangor
Villa Serene Kiara
Desa Sri Hartamas, Kuala Lumpur
Seksyen 5, Petaling Jaya
Petaling Jaya, Selangor
Jalan Rimba Riang 9/8
Kota Damansara, Selangor
Ara Vista, Ara Damansara
Ara Damansara, Selangor
Happy Garden (Taman Gembira)
Kuchai Lama, Kuala Lumpur
Mutiara Damansara
Mutiara Damansara, Selangor
