The median sale at Wangsa Maju, Kuala Lumpur, Malaysia is RM 390,000
Wangsa Maju is one of Kuala Lumpur’s largest townships and is located within Setapak. Previously a part of Setapak rubber estate, Wangsa Maju was established in 1984 by PGK Sdn Bhd (now known as MSL Properties Sdn Bhd), a joint venture between Dewan Bandaraya Kuala Lumpur and Peremba Bhd. It is bordered by other parts of Setapak and Gombak.
In the mid 80’s, the township started booming after the opening of 2 academic bodies - The Malaysian Institute of Art and Tunku Abdul Rahman College causing a surge in demand for student accommodation.
Wangsa Maju consists of Seksyen 1, 2, 4, 5, 6 and 10. Besides commercial properties, the area comprises of various types of housing, comprising low- and medium-cost houses, 2-storey terraced houses and 2-storey semi-detached houses.
Being located some 8km away from the KL city centre, the area is easily accessible via major roads Jalan Genting Kelang, Jalan Pahang, Jalan Jelatek and major highways Middle Ring Road 2 (MRR2), Duta Ulu-Kelang Expressway (DUKE), Ampang-Kuala Lumpur Elevated Highway (Akleh) as well as the Setiawangsa-Pantai Expressway (DUKE 3), which is under construction.
As for public transportation, Wangsa Maju is served by three light rail transit stations — Sri Rampai, Wangsa Maju and Setiawangsa — which provide Wangsa Maju residents with greater accessibility. The upcoming Sungai Buloh-Serdang-Putrajaya MRT line will include a station that is Sentul West in the neighbouring Sentul.
The outlook for Wangsa Maju remain positive as the township boasts a healthy student population, which will further support housing rental demand. Meanwhile, the greenery and close proximity to the city centre makes for a pleasant living environment for the working professionals.
Residents have their pick of several shopping centres 10 to 15 minutes’ drive away, such as Aeon Big hypermarket, Aeon Alpha Angle, Wangsa Walk, Giant hypermarket, Setapak Central and Ampang Point.
There are also several public schools in Wangsa Maju and a number of international schools, such as Fairview, Sri Utama and the International School of Kuala Lumpur (Melawati Campus).
A notable mall is the Wangsa Walk Mall with over 100 tenants that consists of a cinema, bowling alley, fitness centre, bookstore plus a variety of food and beverages outlets. When it comes to dining, Wangsa Maju is a food haven with many F&B offerings scattered throughout the township as well as the neighbouring Setapak.
Other nearby attractions are the Royal Selangor Visitor Centre which offers pewter-making classes, the National Zoo & Taman Tasik Titiwangsa, a popular recreational spot for wholesome family time.
|Project / TownShips||Type||Median Price Psf||Median Price||Filed Transactions|
|Bandar Baru Wangsa Maju||Flat,Terrace House,Semi-Detached House,Condominium/Apartment||RM 318||RM 332,394||323 Transactions|
|Villa Wangsamas||Condominium/Apartment||RM 388||RM 524,297||276 Transactions|
|Bandar Baru Wangsa Maju (Seksyen 1)||Flat,Condominium/Apartment||RM 355||RM 187,127||221 Transactions|
|Bandar Baru Wangsa Maju (Seksyen 2)||Flat,Condominium/Apartment||RM 346||RM 203,876||215 Transactions|
|Wangsa Melawati||Terrace House,Detached House||RM 518||RM 721,108||153 Transactions|
|Desa Setapak||Terrace House,Cluster House||RM 663||RM 411,786||147 Transactions|
|Rampai Court||Flat,Condominium/Apartment||RM 449||RM 265,893||114 Transactions|
|Bandar Baru Wangsa Maju (Seksyen 10)||Flat,Condominium/Apartment,Terrace House||RM 311||RM 203,625||97 Transactions|
|Bandar Baru Wangsa Maju (Seksyen 4)||Flat,Condominium/Apartment||RM 361||RM 190,124||89 Transactions|
|Riana Green East||Condominium/Apartment||RM 520||RM 859,877||89 Transactions|
|Bedrooms||Sale Price||Monthly Rent||Rental Yield|
|1||RM --||RM --||--|
|2||RM 363,135||RM 1,757||5.81%|
|3||RM 619,379||RM 2,283||4.42%|
|4||RM 773,807||RM 2,866||4.44%|
|5||RM 1,336,191||RM --||--|
|Sector||Price Psf (Non Landed)||Price Psf (Landed)|
|Area Average||RM 354||RM 493|
|State Average||RM 475||RM 508|