Kepong: The new property hotspot for investment

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New infrastructure projects and modernisation are attracting investors’ attention to this old township in northern Kuala Lumpur. FMTNews Kepong

Kepong is a hotspot for investment with its strategic location, infrastructure development, excellent connectivity and ideal mix of commercial and retail space.

“Kepong is now a developed township, complete with housing, malls, hospitals, schools, banks and sufficient infrastructure in the surrounding commercial hotspots to enable entrepreneurs to operate their businesses hassle-free. “There is potential for a large capital gain when the planned public infrastructure projects are completed. The age gap between the old housing estates and newer ones is huge as well, creating strong demand for new housing that caters to more modern needs and tastes,” Wong explained.In addition, Wong said, more attention is being paid to the sustainability and care of greenery, with city folk treasuring whatever small pockets of nature they can get.

Reapfield Properties realtor Jonathan Low told Property Advisor the demand for housing in Kepong has been steadily increasing. The Department of Statistics Malaysia numbers indicate that Kepong’s demographic is made up of 46.9% Chinese, followed by Malays, and Indians . The local government has stationed police within the People’s Housing Projects in the townships to beef up security.

 

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