Rediscover

Seri Kembangan

The median sale at Seri Kembangan, Selangor, Malaysia is RM 279,000

25%
RM 153,000
RM 159 (PSF)
MEDIAN
RM 279,000
RM 281 (PSF)
75%
RM 500,000
RM 381 (PSF)

 

Overview

Seri Kembangan is located on the southern end of Kuala Lumpur, about 20 kilometres from the city centre and 40 kilometres from the Kuala Lumpur International Airport. It is within the Petaling District of the state of Selangor and governed by the Subang Jaya Municipal Council (MPSJ). 

In 1952, the British Government relocated the Chinese Malaysian villages around the Sungai Besi area to Seri Kembangan, then called Serdang New Village, for containment against communist threats during the Emergency period. It has since grown from its roots of cottage industries and homes of rubber tappers and mining workers.

Amenities and Facillities

Seri Kembangan has now matured into a modern mainly Chinese township with many modern amenities. Giant, South City Plaza, Mines Shopping Centre and AEON are main retail hubs.

A notable landmark is the Mines Wellness City (formerly Mines Resort City), which is under the government’s Economic Transformation Plan, and to become the nation’s first integrated health and wellness city in the country.

Moreover, Seri Kembangan sits on the world's largest open cast tin mine and consists of the Palace of the Golden Horses Hotel, Mines Wellness Hotel, Golden Horses Health Sanctuary, The Mines Shopping Mall, MINES Waterfront Business Park, MINES Resort & Golf Club, Mines Convention Centre (MIECC), The Heritage Residences and Retail.

Accessibility and Transportation

Major highways such as the New Klang Valley Expressway (NKVE), Maju Expressway (MEX), Kajang-SILK Highways, Besraya Highway and the KL-Seremban Highway connect Seri Kembangan to other areas of Greater Kuala Lumpur.

For public transport, it has RapidKL buses, KTM Serdang and LRT stations at Sungai Besi and Bandar Tasik Selatan.  

Property Development

Some key developments in the area are the Univ 360 Place - a leasehold mixed commercial development of designer suites and duplex shop lots, and Zeva, a mixed development in Bandar Putra Permai by the Trinity Goup.

New on-going projects include SK Once Residence and SK One Avenue under the Malton Group which has serviced apartments and shoplots due for completion in 2017.

A new landmark in the area is Wisma Huazong, the most impressive architectural feat outside of China constructed by the Federation of Chinese Associations Malaysia. It resembles the Great Hall of the People in Tiananmen Square. The construction is said to have received huge funding from Chinese tycoons and the federal government.

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Taman Bukit SerdangTerrace House,Semi-Detached House,Town House,Flat,Condominium/Apartment,Low-Cost House,Detached HouseRM 383RM 666,943381 Transactions
Taman Putra PermaiSemi-Detached House,Terrace House,Flat,Condominium/Apartment,Detached House,Hotel/Service Apartment,Town HouseRM 250RM 447,821249 Transactions
Taman Sri SerdangTerrace House,Low-Cost House,Flat,Town HouseRM 235RM 302,083246 Transactions
Perdana SelatanHotel/Service Apartment,Condominium/ApartmentRM 355RM 385,322187 Transactions
Pangsapuri Seri PinangCondominium/Apartment,FlatRM 360RM 305,985177 Transactions
Taman Serdang PerdanaFlat,Terrace House,Condominium/Apartment,Low-Cost HouseRM 210RM 192,167169 Transactions
Vista Pinggiran, Taman Pinggiran PutraCondominium/Apartment,FlatRM 330RM 262,344167 Transactions
Taman EquineCondominium/Apartment,Semi-Detached House,Town House,Flat,Terrace House,Detached HouseRM 298RM 805,515154 Transactions
Taman Sungai Besi IndahTown House,Terrace House,Flat,Semi-Detached House,Condominium/Apartment,Low-Cost HouseRM 252RM 376,002152 Transactions
Aman HeightsCondominium/ApartmentRM 346RM 434,828148 Transactions
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Rent and Sale Prices in Seri Kembangan

BedroomsSale PriceMonthly RentRental Yield
1RM 267,086RM 1,1515.17%
2RM 367,322RM 1,3874.53%
3RM 340,542RM 1,4014.94%
4RM 503,235RM 1,9054.54%
5RM 1,110,921RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 268RM 299
State AverageRM 272RM 297