No 4. Klang
Estimated land area: 573 sq km
Estimated population: 842,146
Source: Klang Municipal Council
The Royal Town of Klang is the former capital of Selangor state. It is well-known for its shipping port — Port Klang — one of the busiest container ports in the world and the second biggest port in Southeast region.
The locations with the most clicks in 2020 are …
Locations with the most clicks in 2020: No 1. Shah Alam
Locations with the most clicks in 2020: No 2. Petaling Jaya
Locations with the most clicks in 2020: No 3. Cheras
Locations with the most clicks in 2020: No 5. Puchong
Furthermore, the Carey Island development, which aims to make Port Klang a maritime centre and cargo logistic hub as well as a plan to have a cargo station for the East Coast Rail Link (ECRL) alignment, will be the future catalyst for Klang.
The robust port activities have also attracted manufacturers and e-commerce players to set up their plants or warehouse facilities in the Royal Town, which has also spurred the residential property demand in Klang.
Klang is connected to most of the highways — KESAS, Federal Highway and NKVE — and it is accessible via coastal roads from Banting and Sepang (to the south) as well as Kuala Selangor and Sabak Bernam (to the north). Several KTM Komuter stations are located within Klang as well.
Klang’s residential property transactions have remained robust over the years, especially in the terraced house segment. EdgeProp.my data showed that from 2012 to 2019, over 1,500 landed houses changed hands every year.
However, transaction volume dipped last year with 309 landed homes transacted in the first nine months in 2020 (282 terraced houses; 16 semidees and 11 bungalows); and some 37 condominiums (including serviced apartments) changed hands in the review period.
In terms of pricing, Klang’s average prices are relatively lower than the other four most-searched spots. Average psf selling price for terraced houses in Klang stood at RM287; RM276 for semidee; RM249 for bungalow and RM250 for condominium in 3Q20.
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