indepth

PROPERTY SNAPSHOT 1: Values hold in Jalan Ipoh

This week, the spotlight falls on the secondary market of non-landed residences along one of Kuala Lumpur’s oldest arterial roads, Jalan Ipoh. We examine the stretch of Jalan Ipoh beginning from the intersection with the Middle Ring Road 2 at the north, passing the neighbourhoods of Jinjang, Batu, and Segambut, to terminate at the intersection with Jalan Tun Razak in Sentul. In 2014, the southern half of Jalan Ipoh had been renamed Jalan Sultan Azlan Shah.

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PROPERTY SNAPSHOT 4: What’s hot in Sentul?

Average prices have grown across the market. The highest relative price growths were observed among the mid-cost properties, in part due to their lower capital bases. The top three performers are located in Bandar Baru Sentul, led by Pangsapuri Bandar Baru Sentul, Pangsapuri Villa Angkasa and Menara Orkid, with average transacted prices up 38% y-o-y, 25.9% y-o-y and 24.9% y-o-y, respectively.

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PROPERTY SNAPSHOT 4: What’s hot in Dutamas?

Overall, capital values have grown slightly. Sutramas recorded a 23.1% y-o-y growth in average price to reach RM587 psf in the 12 months to 1Q2015. However, the average price had been skewed upwards by an unusually high sale at RM1,370 psf in October 2014.

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