Any time, Anywhere. Everyone one of us is bound to catch the property bug one way or another.
Did you know, Malaysia has been ranked as the most property-obsessed nation in the ASEAN region, so much so that it has delayed other essential life stages such as marriage and having children?
And when you get the itch, you can’t help but scratch it. Today, we will explore Bandar Tun Razak, and help you understand why many investors and homebuyers have decided to settle within this humble neighbourhood.
1. Rich History
Formerly called Kampung Konggo, Bandar Tun Razak used to be a small settlement for Malaysian ex-army personnel who served in the Democratic Republic of Congo in the 1960s under the United Nations.
Its name was changed to Bandar Tun Razak in 1984 by the former prime minister Tun Dr Mahathir Mohamad, in conjunction with Federal Territory’s 10th anniversary and in honour of the second Malaysian prime minister, Tun Abdul Razak.
Decades later, it is a large parliamentary constituency in the heart of Kuala Lumpur, playing an important role in both Malaysian politics and everyday life. The district is mainly comprised of residential buildings, such as the two-storey houses and bungalows in Taman Midah, and mostly terraced houses in Taman Jaya.
Currently, there are new property projects being built in this area, including The Hamstead and The Holmes 2, both by property developer Aset Kayamas.
2. Strategic Location
Nestled between the business district of Cheras and the Kuchai Entrepreneur Park, Bandar Tun Razak is just a stone’s throw away from both, making it an exciting prospect for those who work in either area.
Being a mainly residential neighbourhood surrounding by business and commercial districts will also attract many rent-seekers who want to have easy access to both areas. In fact, the indicative rental yield of this area is 4.2% for non-landed properties, and 5.08% for landed properties, higher than the average 3.86% for a typical two-bedroom apartment.
Not to mention, Bandar Tun Razak is only 15 minutes away from the Kuala Lumpur City Centre, and virtually half an hour away from anywhere in Kuala Lumpur, providing easy access to both work and play.
3. Education Centres
Family households would love to know that Bandar Tun Razak is within easy travelling distance from a multitude of schools and learning institutions, which includes SMK Cheras, SMK Bandar Tun Razak, and SK Taman Midah.
It is also the home of the prominent Sekolah Menengah Sains Alam Shah, which once held the Malaysian book record title for most straight A’s in SPM. Located nearby is Universiti Kebangsaan Malaysia, one of the four research universities appointed by the government for its excellent track record in research for over four decades.
In fact, teachers even travel Bandar Tun Razak to learn for themselves, with the advent of teachers’ learning institutions such as the Special Education Teachers’ Institute as well as the Technical Teachers’ Institute.
For parents out there, Bandar Tun Razak could be the place to be to help your children excel in their academics. The quality of learning might even rival those from private international school as well!
4. Comprehensive Amenities
Yes, Bandar Tun Razak may be strategically located by being in close proximity to the urban city centre. However, there are few reasons for residents to leave the district, as it is well equipped with proper facilities and amenities.
Healthcare facilities include Hospital University Kebangsaan Malaysia (HUKM) and Hospital Rehabilitasi Cheras (HRC), as well as numerous clinics littered throughout Taman Midah and Taman Mulia. In fact, the nearby Klinik Kesihatan Cheras is a prominent medical and dental clinic run by the Malaysian Ministry of Health.
North of the district is the Permaisuri Lake Gardens, providing the much-needed tranquillity and greenery within the concrete jungle of Kuala Lumpur. It is one of the three major parks and lake gardens in Kuala Lumpur, and was once a tin mine during the colonial area.
The district is also home to the huge Kuala Lumpur Football Stadium, which is used for football matches, events and even some art performance. The entire district is also well connected via the Bandar Tun Razak LRT station on the Sri Petaling LRT Line.
There are plenty of reasons to love Bandar Tun Razak as a district, but plenty more to consider it as your next new home. If you are a home buyer that has strong familial values, Bandar Tun Razak may be the right place for you.
Interested but don’t know where to start?
Why not visit the Ohmyhome property listing page to get the best deals available on the market for both sub-sale properties and new property launches! Our newly launched project deals are directly sourced from the property developers themselves, so you can be sure you will be getting the best bang for your buck.
Contact our agents to get further info! Call +6016-299 1366 today.