Looking beyond cities
Sprawled across 32 acres ( 12.9ha) of freehold land, this three- storey gated and guarded villa neighbourhood is the epitome of luxury living within the city.
Residents are protected by 24- hour security with CCTV and enjoy facilities such as a gym, swimming pool, multipurpose hall, barbecue area, and playground, all in the residence clubhouse.
These homes come in nine different designs and are fitted with air conditioners, kitchen cabinets, a built- in oven, microwave oven, cooker hood and hob, dishwasher, wardrobes and solar water heater.
The developer welcomes you to visit its properties and enjoy the location, size of units and ambience of the developments. A thorough tour and viewing of the location and actual units will be conducted during such visits.
For more information, visit www. bukit- utama. com. my and www. the- effingham. com. BESIDES providing a long- term housing solution for working professionals or young people wanting to build a home and family, buying property in the suburbs is a popular investment for those who want to support their mortgage payments with rental income.
Statistics from the Valuation and Property Services Department of the Finance Ministry illustrate a promising scenario in the residential rental market, with a positive growth of 43.1% in the development land sub- sector last year compared to 2014.
This growth of rental yield is directly linked to the ongoing development in suburban areas, where the expansion of public transport facilities such as the Light Rail Transit ( LRT) and Mass Rapid Transit ( MRT) has elevated the demand for comfortable, convenient housing.
“With land in the Klang Valley getting scarcer and more expensive, it is interesting to note that 60% of buyers in our Bandar Sri Sendayan project are either residing or working in the Klang Valley.
“Our semi- detached homes are well received by those in their 40s looking to upgrade into larger, quality homes,” say representatives from property developer Matrix Concepts Holdings Sdn Bhd.
Plans to bring together the municipalities of Shah Alam, Petaling Jaya, Klang, Subang, Selayang, Ampang Jaya and Sepang under Greater Kuala Lumpur to extend the reach of the Klang Valley are a welcome response to the land space conundrum in the nation’s capital and its surrounding cities.
This growth is reflected in the property market as purchasers look for apartments, condominiums or landed properties that are not too far from Kuala Lumpur – the hub of business and urban living – to build their lives away from the hustle and bustle.
The need for affordable housing becomes more crucial in rough socioeconomic conditions, which is why these homes are increasingly becoming the preferred choice for first- time buyers.
Yuthashini Ramani, 26, describes her recently purchased dream home in Semenyih: “I got this double- storey terrace house that has a decent space to fit my future family and ageing parents, good porch for two vehicles and a kennel, and a bit of land.
“The kitchen is much bigger than today’s apartment kitchens, and I have a storeroom and a decently sized hall upstairs.”