All English Investment & Financial

Projects in Old Klang Road 2018

Old Klang Road or Jalan Klang Lama is the oldest and the first major road in Klang Valley, Malaysia, lying just east of the Kuala Lumpur town centre. It was constructed by the Federation of Malaya government from 1956 to 1959 and was opened on 14 January 1959. It is an important point for transport and communication for Klang Valley.

This year a number of new projects have started, or are in progress or finished on the Old Klang Road area. Here we will provide insight into Old Klang road as well as look into what the area has to offer from the lens of a property investor.

First off, let us talk about the area itself.

 

Old Klang Road

Klang Valley is an area in central Selangor, Malaysia consisting of Kuala Lumpur and its surroundings townships. The valley is named after the Klang River, the principal river that flows through it.

The Old Klang Road area is lined mostly with residential areas; however you will also find dining areas such as Citrus Park, hotels such as the Pearl International Hotel and many stalls selling traditional Chinese food. Of special note is the famous Mid-Valley Shopping Mall situated at beginning of the road. The residential areas also play host to Pasar Malams, or ‘Night Markets.

The road has seen major economic development in the past decade.

 

Demographics

According to the last Census conducted in 2010 the demographics for the Old Klang road area is as follows:

While these numbers are good, they are not recent and therefore would have increased significantly. For the sake of this article we will be adding 50% to these numbers, in view of the rapid urbanisation in Malaysian first tier cities, in order to get a rough estimation of what the demographics might be like now.

With this clarification, here are the new numbers:

As you can see from the above numbers the majority of the population consists of Malaysian Chinese. This is part of the reason why you will find many traditional Chinese Kopitiam restaurants here. However you will also find fusion cafes, large restaurants and pubs as well.

 

Schools

The Klang road area is a great place for families to live in. You can find a variety of different schools in and around the Old Klang Road area. Different types and levels of schools such as Nursery, Primary, Secondary, as well as an International and Private school can be found in the area, providing an excellent variety of choices for families who plan to live in the area and are looking for good educational institutions for their children. Some of the schools that may be found in and around the Old Klang Road area include:

Vikas International School (International School)

SMK Seri Pantai (Secondary School)

SMK Seri Saujana (Secondary School)

Sri Sempurna International School (Secondary School)

SMK Bandar Baru Seri Petaling (Secondary School)

SMK Taman Yarl (Secondary School)

SMK Dharma (Secondary School)

Sekolah Kebangsaan Seri Setia (Elementary School)

Sekolah Jenis Kebangsaan (Cina) Choong Wen (Chinese national school)

Tadika Bethany Montessori (Kindergarten)

TotalChild Sdn Bhd (Kindergarten)

Hua May Nursery (Nursery School)

Smart Reader Kids (Preschool)

For families with children who are reaching or at the age when they need schooling, access to different schools plays a major role in choosing a home to live in. These families are looking for homes which have easy access to schools, preferably close by so their children do not need to travel long distances every day.

 

Transportation

When it comes to transportation along Old Klang Road, options for public transportation such as buses and taxis are also readily available. Some bus routes which pass through Old Klang Road include:

Pasar Seni is a major transportation hub with ready access to all the local train services that enable quick and easy transportation to most parts of Selangor. Another option is to use mobile app transportation services such as Grab and Uber.

 

Amenities and Accessibilities

Old Klang Road is filled with high quality commercial and residential properties with sufficient schools, banks and amenities, and is also an area full of old-worldly charm.

Some of the residential estates which you will find along this stretch of road include:

  • Shanghai Garden
  • Taman Desa
  • Taman Overseas United Garden (OUG)
  • Happy Garden, formerly known as Taman Gembira
  • Taman Sri Manja
  • Taman Bukit Indah

As we mentioned before, there is a wide choice of eateries along Old Klang Road, with a fine mix of the traditional and modern, to suit every palate; these include traditional Chinese Kopitiam restaurants, fusion cafes, large restaurants, steamboat restaurants and pubs as well.

You can also find many hotels along here such as the famous Pearl International hotel. Many guests who visit Kuala Lumpur stay at this hotel thanks to its convenient location.

Old Klang Road is strategically located between Petaling Jaya, Selangor and the KL City Centre. It is well connected and has easy access to roads and highways such as East-West Link Expressway, Federal Highway, New Pantai Expressway, Shah Alam Expressway (KESAS), Damansara – Puchong Expressway (LDP), Jalan Puchong, which will lead you to Kinrara Business Centre, and Jalan Kuchai Lama to Kajang Dispersal Link Expressway (SILK Highway).

Various government institutions may be found here like the Dewan Bandaraya Kuala Lumpur (DBKL), Institute Social Malaysia (ISM) and police stations.

Finally, the icing on the cake is the proposed KL Monorail line extension which will cut through Old Klang Road and could create potential for capital appreciation as well as increased rental yields for real estate within the vicinity.

With many exciting new developments coming up, Old Klang Road has much to offer prospective investors. Be sure to keep your eyes and ears open for news about new projects and make sure to check our website regularly for new updates.

We hope you found this article enjoyable and informative and that you will not hesitate to send us a message should you have questions about any upcoming projects in the Old Klang Road Area and beyond.


We are here to answer your questions; send them to hello@iqiglobal.com or call us at 012-299-6155 or 037-450-6655.

To join our award winning team, click here: https://goo.gl/RhmyjP

Liked this article? Try this one next: A Guide to Malaysian Property And Real Estate Investment Deals By IQI

Related posts

IQI and IKON Joint Venture For GBP 100 Million Property Development In London

Azzam

IQI and Finology Partner to Facilitate Loan Approvals for Property Buyers

Azzam

The 4 Best Areas for Retirees & Expats to Live in Penang

iqiwpadmin