get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Listings

Connect with sellers through our app

RESOURCES

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

Affordability Calculator

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Connect with buyers through our app

RESOURCES

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell my HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

HOME E-VALUATION

For tenants

Rent with an Agent

Dedicated experts at your service

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to selling condo/landed

For landlords

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

RESOURCES

How to Lease an HDB

A step-by-step guide to renting HDB

How to Lease a Private Property

A step-by-step guide to selling condo/landed

Do it yourself

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

DIY 100% Free, No hidden or success fee

Looking for your dream home in Malaysia?
Share on facebook
Share on twitter
Share on email
Share on whatsapp

3 Reasons Why the Chan Sow Lin Area is a Potential Hotspot for Property Investment in Malaysia

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Location can make all the difference when investing in foreign properties.

Two identical bungalows can cost RM1.5 million in Klang Valley, Malaysia, while costing only RM300,000 in the rural states up north. Regardless if you are a seasoned property investor or a first-time homebuyer, there is no denying that location plays a central role when it comes to foreign property investments, or even for own-stay.

But which location will provide you with the most returns? Which location has the highest chance of seeing the largest capital appreciation in the next few years?

Nobody can answer that question with a 100% certainty, but there are a few places where you can start looking and researching on. One of which is a piece of land located near the heart of Kuala Lumpur – Chan Sow Lin.

Background

Named after a prominent Chinese businessman that has propelled Kuala Lumpur into the economic powerhouse it was back in the colonial days, Chan Sow Lin is one of the oldest industrial areas in Kuala Lumpur established over a century ago.

The area is home to many old and established manufacturing factories, warehouses and car service centres, with charming old colonial-age buildings lining the roadsides. However, this small town is primed for massive developments, and the process of gentrification has finally shown its colours in recent years.

Why is Chan Sow Lin worth your consideration?

1. Limited Land

Land near the Kuala Lumpur city centre is increasingly scarce, with very few remaining land ready for development located near the western end of Jalan Ampang, and of course, Chan Sow Lin.

Once all the land within Kuala Lumpur has been developed, developers have no choice but to look outwards towards the city outskirts to develop new projects. The upcoming projects within Chan Sow Lin are probably going to be the last few remaining projects that we are able to witness within the heart of Kuala Lumpur.

2. Prices are still relatively cheap

Prices for newly developed projects near Chan Sow Lin can range from RM600 – RM800 per square feet, which is reasonable considering the proximity to the city centre and the accessibility to the other major towns via highways. It is also one of the few areas in Klang Valley today with both LRT and MRT connectivity.

In fact, Chan Sow Lin has been met with rapid growth for the past two decades. Land prices used to cost about RM50 per square feet in 2003, and has now increased to RM427 per square feet today. In fact, it has once reached a peak of RM736 per square feet in 2016.

3. Revival of Megaprojects

Located near Chan Sow Lin, Bandar Malaysia is a 486-acre mixed-use, transit-oriented development, currently being redeveloped on land formerly owned by the Royal Malaysian Airforce.

Bandar Malaysia is going to be a huge property booster for the Chan Sow Lin area, as it is planned as a central transport hub for the KL-Singapore High-Speed Rail, Mass Rapid Transit, KTM Komuter, Express Rail Link and 12 other highways.

Not to mention, Bandar Malaysia will introduce plenty of office towers and commercial activity in the area, all of which attract tenants and buyers to look for property within the nearby vicinity.

In fact, Dewan Bandaraya Kuala Lumpur (DBKL) already has plans to transform Chan Sow Lin into the city’s state-of-the-art automobile business park, housing companies supplying parts to businesses associated with the automobile industry, such as accessory dealers, car showrooms and vehicle-servicing workshops.

However, the current issues plaguing Chan Sow Lin are poor urban planning, lackluster access to nearby public transport and the lack of greenery. All of these issues will hopefully be resolved by DBKL in their upcoming plans to transform Chan Sow Lin to the bustling hub it is primed to be.

But overall, Chan Sow Lin is definitely a location to look out for, especially if you are a first-time homebuyer and investor.

Excited to start your property investment journey in Malaysia? Using tech-powered solutions, Ohmyhome operates differently than any other agency, with an entire team of passionate professionals that can assist you in your financial calculations, fine-tune your preferences, check your mortgage eligibility and timeline. Contact 6886 9009 to get in touch with our friendly customer service today!


Related posts:

Subscribe Now

Get a notification every time we upload a new blog post.

DIY 100% Free, No hidden or success fee

Looking for your dream home in Malaysia?

Featured Blogs

Your one-stop guide for must-know HDB tips

get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

Do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Properties

Download the app and speak directly to sellers

RESOURCES

Affordability Calculator

Calculate required tax for selling

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

bUY OVERSEAS

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Free Home E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

get an agent

Rent with an Agent

Dedicated experts at your service

do it yourself

Browse Rental Listings

Download the app and connect with landlords

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to renting condo/landed

get an agent

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with tenants

RESOURCES

How to Lease my HDB

A step-by-step guide to renting out an HDB

How to Lease my Private Property

A step-by-step guide to renting out condo/landed

FEATURED ARTICLES

Condo Renting 101: Where to Look, Sizes and Cost

Looking for a condominium to rent ...

Ohmyhome Raises US$5M in Series A+ Funding

Ohmyhome, the leading Property 
One-Stop Shop Platform

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Social media

Other