Now in 2021, many potential homebuyers are on the lookout for a condo in Kepong that fulfils a holistic living environment, no thanks to coronavirus for having to remind us that our home today is more than just a place to sleep, it could also be a place to work. With that in mind, here are 3 important findings to know before getting a condo in Kepong in 2021.

New Condominium in Kepong: Matured Community with a Touch of Vibrancy

It matters not if you are looking to live in a vibrant and youthful neighbourhood or one that is more peaceful and serene with a slower living pace, Kepong has something for everybody. For those looking for more nature-oriented recreational activities, the Kepong Metropolitan Park is famous among locals for the kite flying activities and is very suitable for a leisure stroll. For the more active hikers, the Forest Research Institute Malaysia (FRIM) which is one of the landmarks of Kepong also offers canopy walkways and nature trekking.

As communities prosper, the second generations who grew up in the vicinity will also charge the place with more energy, starting with Bandar Menjalara which houses some of the more famous youngster hotspots like BaWangChaJi, Donutes, and endless attractive places for the café hoppers. Not forgetting Arkadia which is the trendiest nightlife spot in Kepong.

A matured neighbourhood that is synonymous with an established infrastructure will usually mean that its properties are usually quite dated as well. This allows us to segue into our point that living in a newly launched condominium allows us to enjoy all of the above while still staying in a relatively new property and a new environment.

Kepong Condo: Accessibility at Your Doorstep

With a matured community comes a time tested infrastructure. While mostly attributable to its strategic location of just 12km away from the Kuala Lumpur City Centre and 10km away from Petaling Jaya, the improved accessibility is also among the pull factors for Kepong.

Connected by major highways such as the Middle Ring Road 2 (MRR2), Damansara- Puchong Expressway (LDP), and the Duta-Ulu Klang Expressway 2 (DUKE2), there is no shortage of access to the expressways for the residents of Kepong.

Kepong is also flanked by numerous public transports like KTM and MRT. While public transport is not so desirable in 2021 due to the need for social distancing, it sure is a crowd puller for the neighbourhood after things calm down which is only a matter of time. These perks are much more pronounced when you secure a condo that is just seated next to one or more of the above infrastructures; essentially providing you with impeccable accessibility at your doorstep.

Kepong New Condo: Count On Developer’s Track Record

With Kepong becoming such a hotspot for both investment and own stay in 2021 and the years before, there is no shortage of both new and old developments in the area. As such, it is imperative that aspiring buyers look for a developer with an excellent track record of delivering sustainable integrated townships that will save you from wasting time and money in case of something unfortunate. 

With a track record in property development dating back to 1994, Mah Sing has completed at least 58 projects throughout Malaysia. Mah Sing is no stranger to high rise residential developments in prime areas as the group has differentiated its offerings via innovative designs and quality finishes.

Mah Sing’s latest offering in Kepong is one that is well-suited for young professionals seeking to establish their families in a mature neighbourhood. M Luna is a 57-storey tall residential development that seeks to redefine modern living. With a starting selling price of RM385,000 per unit or approximately RM550 per sq ft, M Luna has shown that accessibility at your doorstep can be obtained affordably. Located directly next to the MRR2-Jalan Kuching interchange, residents of M Luna also enjoys connectivity to DUKE, North-South Expressway via MRR2.

Citations:
https://www.freemalaysiatoday.com/category/leisure/2020/09/30/kepong-the-new-property-hotspot-for-investment/
https://blog.ohmyhome.com/en-my/5-reasons-buy-home-kepong-my/
https://www.propsocial.my/property-developer/48/company/mah-sing-group-berhad
https://www.propertyguru.com.my/new-property-launch/reviews/m-luna-kepong-206633#project

View over 35 facilities for all in the family >

Now in 2021, many potential homebuyers are on the lookout for a condo in Kepong that fulfils a holistic living environment, no thanks to coronavirus for having to remind us that our home today is more than just a place to sleep, it could also be a place to work. With that in mind, here are 3 important findings to know before getting a condo in Kepong in 2021.

New Condominium in Kepong: Matured Community with a Touch of Vibrancy

It matters not if you are looking to live in a vibrant and youthful neighbourhood or one that is more peaceful and serene with a slower living pace, Kepong has something for everybody. For those looking for more nature-oriented recreational activities, the Kepong Metropolitan Park is famous among locals for the kite flying activities and is very suitable for a leisure stroll. For the more active hikers, the Forest Research Institute Malaysia (FRIM) which is one of the landmarks of Kepong also offers canopy walkways and nature trekking.

As communities prosper, the second generations who grew up in the vicinity will also charge the place with more energy, starting with Bandar Menjalara which houses some of the more famous youngster hotspots like BaWangChaJi, Donutes, and endless attractive places for the café hoppers. Not forgetting Arkadia which is the trendiest nightlife spot in Kepong.

A matured neighbourhood that is synonymous with an established infrastructure will usually mean that its properties are usually quite dated as well. This allows us to segue into our point that living in a newly launched condominium allows us to enjoy all of the above while still staying in a relatively new property and a new environment.

Kepong Condo: Accessibility at Your Doorstep

With a matured community comes a time tested infrastructure. While mostly attributable to its strategic location of just 12km away from the Kuala Lumpur City Centre and 10km away from Petaling Jaya, the improved accessibility is also among the pull factors for Kepong.

Connected by major highways such as the Middle Ring Road 2 (MRR2), Damansara- Puchong Expressway (LDP), and the Duta-Ulu Klang Expressway 2 (DUKE2), there is no shortage of access to the expressways for the residents of Kepong.

Kepong is also flanked by numerous public transports like KTM and MRT. While public transport is not so desirable in 2021 due to the need for social distancing, it sure is a crowd puller for the neighbourhood after things calm down which is only a matter of time. These perks are much more pronounced when you secure a condo that is just seated next to one or more of the above infrastructures; essentially providing you with impeccable accessibility at your doorstep.

Kepong New Condo: Count On Developer’s Track Record

With Kepong becoming such a hotspot for both investment and own stay in 2021 and the years before, there is no shortage of both new and old developments in the area. As such, it is imperative that aspiring buyers look for a developer with an excellent track record of delivering sustainable integrated townships that will save you from wasting time and money in case of something unfortunate. 

With a track record in property development dating back to 1994, Mah Sing has completed at least 58 projects throughout Malaysia. Mah Sing is no stranger to high rise residential developments in prime areas as the group has differentiated its offerings via innovative designs and quality finishes.

Mah Sing’s latest offering in Kepong is one that is well-suited for young professionals seeking to establish their families in a mature neighbourhood. M Luna is a 57-storey tall residential development that seeks to redefine modern living. With a starting selling price of RM385,000 per unit or approximately RM550 per sq ft, M Luna has shown that accessibility at your doorstep can be obtained affordably. Located directly next to the MRR2-Jalan Kuching interchange, residents of M Luna also enjoys connectivity to DUKE, North-South Expressway via MRR2.

Citations:
https://www.freemalaysiatoday.com/category/leisure/2020/09/30/kepong-the-new-property-hotspot-for-investment/
https://blog.ohmyhome.com/en-my/5-reasons-buy-home-kepong-my/
https://www.propsocial.my/property-developer/48/company/mah-sing-group-berhad
https://www.propertyguru.com.my/new-property-launch/reviews/m-luna-kepong-206633#project

View over 35 facilities for all in the family

Fact 1: Houses in Batu Caves to Enjoy Renewed Interests

Just casually mention the name “Batu Caves” and the image of a monument so strikingly big is easily recalled. Best known for its tourist attraction, the Batu Caves temple is one of the most popular Hindu shrines outside of India, where thousands of worshippers can be seen flooding the temple during Thaipusam. However, things are different in 2021. The pandemic has wreaked havoc all over the place especially with regards to highly populous areas which are abundant in Batu Caves.

One of the more notable landmarks is the all-new five-storey Selayang wet market complex which was supposed to be open on 1st Jan 2021 but was postponed to 1st June due to pandemic concerns.

With aggressive vaccinations and coronavirus soon to be a thing of the past, the new Selayang wet market and Batu Caves Temples will redefine Batu Caves as the preferred locations for both tourists and business owners which are both essential factors for appreciation of property values in the vicinity.

Fact 2: House For Sale In Batu Caves Can Now Be Purchased At A Lower Interest Rate

While not a phenomenon unique to only Batu Caves home buyers, the current record low Overnight Policy Rate (OPR) will serve as an important benchmark for banks to issue loans at a more attractive rate and greater leniency. Besides that, the removal of the 70% loaned limit for third property also allows homebuyers and investors to take advantage of higher accessibility to banking facilities which will further stimulate the property market.

With this, buyers on the lookout for a house for sale in Batu Caves can lock in lower interest rates favorable to current financial standings, especially those who are finding it difficult to meet the bank’s previously stringent criteria can now enjoy these incentives.

Fact 3: Continuation of Mega Projects to Create Multiplier Effects on House for Sale in Batu Caves

Despite being already flanked by prominent highways like Middle Ring Road 2 (MRR2), Duta-Ulu Kelang Expressway (DUKE), Selayang-Kepong Highway, Jalan Ipoh, and Karak Highway, the resumption of megaprojects amounting to RM15bil according to Budget 2021 will provide a positive boost to the property market.

Among the mega projects, Mass Rapid Transit Line 3 (MRT3) and Klang Valley Double Tracking project phase 1 are likely to further complement its existing KTM stations; providing further accessibility for the residents of Batu Caves.

M Luna: Highly Desirable Condo Project in Batu Caves

Surrounded by enviable amenities such as Kepong Metropolitan Lake and Forest Research Institute Malaysia (FRIM), M Luna Kepong is Mah Sing’s answer to affordable luxury whereby it is priced starting from RM385,000 per unit or approximately RM550 per sq ft. Built to promote a balanced lifestyle, something that is uniquely important in today’s work-from-home culture, M Luna is equipped with more than 35 facilities, providing the residents with the perfect work-life balance, all at the comfort of your own residential area.

Citations:
https://www.thestar.com.my/metro/metro-news/2021/06/02/new-selayang-wet-market-complex-opens-to-public
https://cdn-cms.pgimgs.com/pmi/2020/12/PropertyGuru_Malaysia_PropertyMarketOutlook_2021_Full_Report.pdf
https://www.propertyguru.com.my/new-property-launch/reviews/m-luna-kepong-206633#project
https://www.edgeprop.my/area-outlook/selangor/batu-caves-

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However, just like the pandemic has highlighted the vulnerabilities in our system, it has also presented itself with opportunities that we can capitalize on. If you are in the market to get a condo in Batu Caves in the year 2021, here are some facts that you should not overlook.

Batu Caves Condominium: Now or Never

The year 2021 was a year of many firsts from the initial postponement of the Olympics since 2020 to a structural change of how people are adopting work from home culture, shutting down of leisure activities, and many more. All of these have led to the fact that home as a safe haven will always be the primary factor in our lives. Not our cars, not our offices, but our homes. Which is why the year 2021 has presented itself with so many bargains in the market that it makes one question, if not now, then when?

The most notable change is from a holistic switch from a high-interest rate environment to a low-interest-rate environment. Such a drastic change is not unique to Malaysia only and is a global phenomenon; these are essentially expansionary measures by various monetary authorities around the world.

Bank Negara Malaysia has decided to drop the Overnight Policy Rate (OPR) to 1.75%, a record low. It is important to note that the higher the OPR is, the more expensive it is to borrow money. Said differently, a lower OPR also means banks are less cautious about lending and thus easier to obtain approval for housing loans.

This is one of the key facts why 2021 is the bargain year to get a condo in Batu Caves; the savings from a mere 0.50% difference in OPR can net you bountiful savings that can be used for renovating your dream home.

Incentives in 2021 generate attention for condos in Batu Caves

Aside from efforts by central banks, property developers are also hard at work by working with bankers to develop innovative financing plans. Mah Sing’s Eazy to Own campaign partnering with Maybank’s HouzKEY solution can provide buyers with easy entry of up to 100% financing and affordable monthly installments.

Beyond that, the government is also working on stimulating the property market by offering an extension of the previously implemented Home Ownership Campaign (HOC) until the end of 2021. The HOC is a government initiative designed to support homebuyers looking to purchase a property. Among the notable benefits that it offers are:-

1. Full stamp duty exemption till RM1 million for purchase of residential homes priced between RM300,000 to RM2.5million
2. Exemption on the instrument of transfer for the first RM1 million of the property price
3. Full stamp duty exemption on the loan agreement

A new condo that costs RM400,000 in Batu Cave will effectively save you around RM13,000 under HOC itself.

Central Figure of Property Market Expecting Recovery Soon

According to data released by the National Property Information Centre (NAPIC), the residential property segment in the price range of RM400,001 to RM500,000 actually grew by 28.5% in the first quarter of 2021 compared to the last quarter of 2020. While it is a general consensus that the property market suffered a downturn in 2020 due to the pandemic, experts and statistics show that the decline in demand is not expected to prolong given the impending economic recovery. With that in mind, 2021 is no doubt the year to get your dream condo in Batu Cave.

Developed with quality of life features while surrounded by notable infrastructures, Mah Sing continues to leverage on their extensive development experiences to introduce the up and coming M Luna in Kepong. Sitting on a huge plot of land measuring 5.47 acres, M Luna can be easily afforded with a beginning sales price of RM385,000 per unit, or approximately RM550 per sq ft; Mah Sing has once again proven that luxury living can be affordable with M Luna. 

Citations:
https://www.propertyguru.com.my/property-guides/home-ownership-campaign-hoc-2020-all-you-need-to-know-15274
https://www.propertyguru.com.my/new-property-launch/reviews/m-luna-kepong-206633#project
https://napic.jpph.gov.my/portal/web/guest/main-page?p_p_id=ViewStatistics_WAR_ViewStatisticsportlet&p_p_lifecycle=2&p_p_state=normal&p_p_mode=view&p_p_resource_id=fileDownload&p_p_cacheability=cacheLevelPage&p_p_col_id=column-2&p_p_col_count=1&fileURI=20716

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In every crisis, there is an opportunity. In the case of Kepong’s new property in 2021, there are 2 crucial observations that we will with you and help you make that leap of faith.

 “Until you spread your wings, you’ll have no idea how far you can fly”– Napoleon Bonaparte

New Project in Kepong: Launching at the Right Timing

With the pandemic highlighting the vulnerability in our system and the subsequent patching works, it is an opportunistic time to capitalize on relooking in the property market in Kepong. Various property developers have been aggressively launching innovative campaigns that offer discounts, rebates, freebies, and attractive financing schemes that tilt towards buyer’s favour. Beyond the marketing efforts by the property developers, the government has also initiated and extended several incentives; most prominently the extension of the Home Ownership Campaign (HOC) until the end of 2021.

The HOC is a government initiative designed to support homebuyers looking to purchase a property. To refresh memory on HOC, among the notable benefits that it offers are:-

1. Full stamp duty exemption till RM1mil for purchase of residential homes priced between RM300,000 to RM2.5mil
2. Exemption on the instrument of transfer for the first RM1mil of the property price
3. Full stamp duty exemption on the loan agreement

A new project that costs RM400,000 in Kepong will effectively save you around RM13,000 under HOC. If this is not enticing enough, we assure you that you will change your mind by the end of this article.

Purchasing Kepong Property with a Record Low-Interest Rates

No thanks to expansionary measures by the central banks, interest rates in Malaysia are currently at a record low of 1.75%. The last time it fell as low as 2.00% was during the subprime crisis of 2008, you can imagine the severity of the events that actually unfolded to result in the current interest rates. Like we previously mentioned about the opportunity in every crisis, the same can be applied here. Although veteran home buyers may be already aware of this, new home buyers are probably unaware of the impact of compounding of interest, and such will likely underestimate the current record low rate.

Let us illustrate it to be clearer: A loan amount of RM500,000 with a tenure of 30 years will result in a net interest saving of RM45,960.39 from a mere difference of 0.50% in interest rate. Such bountiful interest saving can be used for many purposes, among them are renovating your dream house, an opportunity that is hard to come by as recent as 5 years ago.

Kepong Property In Demand: Mah Sing’s M Luna

Uniquely tailored to each buyers’ financing structure, M Luna is also a participating project in Mah Sing’s Eazy To Own Campaign, which offers the Maybank Islamic HouzKEY, an innovative financing solution that is designed to provide buyers with an easy entry of up to 100% financing and lower monthly installments.

All of the above incentives combined will offer prospective buyers an irresistible deal that can be had from a starting price of RM385,000 per unit, or approximately RM550 per sq ft for this Kepong project by Mah Sing. Designed to provide full immersion through the luxury finishes, M Luna is the new pride of Kepong with specially crafted amenities including the latest charging stations for electric vehicles (EV), suitable for even the trendiest young working professionals. Strategically located just next to the MRR2-Jalan Kuching interchange, residents also enjoy excellent connectivity to the rest of the city. Given such timing and expectations, M Luna is an attractive proposition that comes once in a blue moon, grab it while it is still available!

Citations:
https://www.propertyguru.com.my/property-guides/home-ownership-campaign-hoc-2020-all-you-need-to-know-15274
https://www.calculator.com.my/home-loan-calculator#.YLebuvkzaUl
https://www.goalcast.com/2018/12/06/napoleon-bonaparte-quotes/
https://www.propertyguru.com.my/new-property-launch/reviews/m-luna-kepong-206633#project

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Selayang Condo: A Strategic Choice

Selayang is strategically located at the border of Kuala Lumpur (KL) and Selangor. It also forms part of the main route to Rawang through Jalan Ipoh, and this route is also used as the main route to the heart KL via Jalan Kuching. This means that you will only need to travel less than 20km from Selayang to the heart of KL. This clever planning has allowed residents in Selayang to enjoy the first-class convenience in a splendid township.

This is especially magnified for condo residences, where most locations are very peaceful yet not overly isolated which portrays green living at its best without sacrificing the convenience aspect of it, allowing for a truly fulfilling living experience.

High Accessibility

Continuing from the previous point, Selayang is also linked via various notable highways such as Middle Ring Road 2 (MRR2) which has been the main passageway used by the residence of Selayang to travel to Petaling Jaya and KL. The addition of the Duta Ulu Klang Expressway (DUKE) further adds to the accessibility level that Selayang already has. For public transport users, there is also bus transportation provided by RapidKL and Metrobus, which will ease condo residence as the bus stops are usually just around their condo. The Batu Caves KTM station completes the whole infrastructure puzzle for Selayang.

Unique Amenities

Alongside numerous prominent developments, Selayang also hosts a number of attractions that are uniquely Selayang. Interested parties looking for a place in Selayang will be pleased to find out that Selayang has at least 2 shopping malls to its tag, including the Selayang Mall, Selayang Capitol, and various hypermarkets alike. For the green loving you, Selayang has its very own reserved forest namely the Forest Research Institute Malaysia (FRIM) which doubles as a recreational park with lush greeneries.

Another quirky trait that is distinctively Selayang is the Pasar Borong Selayang. Welcomed by both wholesale traders and household shoppers alike, the Pasar Borong Selayang has made a name for itself as one of the most active and hectic trading markets in KL, offering various goods catering to everyone.

Let us not forget the presence of Hospital Selayang which is one of the landmarks of Selayang and also the cornerstone of overall wellness leading to a fulfilling life.

Attractively Priced

Homebuyers looking for a condo in close vicinity in KL may be spoiled for choices, however, cost-conscious buyers often have to balance between cost and convenience. Inside the boundary of around 18km radius to KL, buyers have a range of choices such as Old Klang Road, Taman Desa, and Bangsar but prices in these areas are mostly priced beyond the reach of many middle-class homebuyers. However, if you are are looking for a condo for sale close to these locales, M Luna by Mah Sing offers an irresistible deal.

A fusion between luxury and affordability, M Luna consists of two blocks of 57-storey towers, offering 1,672 units of serviced apartments in total. Interested homebuyers can choose from 3 types of configuration, ranging from two- to four- bedrooms configuration with built-ups of 700, 850, or 1,000 sq ft. The best selling price starts at a rather affordable RM385,000 per unit which presents good buying opportunities within the reach of many. Strategically located at KL’s finest location, M Luna provides both fulfilment and convenience.  

Citations:
https://en.wikipedia.org/wiki/Selayang
https://www.edgeprop.my/content/potential-growth-selayang-0
https://www.propsocial.my/location/232/selayang

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