By Fahri Ahmed
With a population of more than 400,000, Puchong is a town that gives you all the benefits of city life, and yet also offers quiet respite, unlike more busy cities such as Kuala Lumpur.
In fact, in recent times, homebuyers have increasingly flocked to Puchong for these reasons and more.
Based on Property Advisor’s 2020 analysis on completed transactions, here are the top locations in Puchong that continue to draw new homeowners and seasoned investors alike.
Taman Putra Perdana
Taman Putra Perdana is located close to South Klang Valley Express (SKVE), making it accessible to anywhere in the Klang Valley. This area has mixed developments that offer affordable properties for all levels of income earners.
Another appeal of the area is the fact that it is equipped with all kinds of amenities like restaurants, clinics, hospitals and schools. That explains the reason for the steady median price of the houses here. As a matter of fact, homebuyers saw good value in this area as there was an appreciation of 3.23%. However, the pandemic caused the sales in this area to drop by a dramatic 52.09%.
Hence, this drop might prompt developers to offer houses at a negotiated price right now. Since the price range is super affordable to low and medium income earners, you might just find a perfect home here at a bargain.
Bandar Kinrara was developed with a vision of bringing modern contemporary homes to Puchong. The area features newly-launched serviced apartments, condominiums, landed properties to name a few.
Strategically located close to public commutes, this place is rapidly becoming one of the most liveable neighbourhoods in Puchong. It is fully-equipped with nearby amenities, commercial settings, office spaces and shop lots.
This, along with continued developments, is why experts believe that properties here will continue to yield healthy financial gains in the future.
In 2020, the average price of the houses here experienced an 8.89% drop and now stands at RM820,000. The property sales in Kinrara also saw a dramatic drop of 45.85% in 2020 compared to the previous year.
Taman Putra Prima
This relatively new neighbourhood in Puchong consists mostly of landed properties that cater more for both middle and higher-middle income earners. Furthermore, in terms of location, this part of Puchong is particularly attractive due to its close proximity to the Petaling and Sepang districts.
That being said, amenities are still limited since it is an up-and-coming area. However, increased development here has raised the median price by 35.92% in 2020, bringing the current average price for a home to RM1,033,000.
The demand in Taman Putra Prima is also healthier compared to the other areas on this list, as it suffered only a 7.87% drop in sales last year. If you are looking for a fast-appreciating investment, this area might be the ideal choice.
Bandar Puchong Jaya
Bandar Puchong Jaya is a great strategic location as it is situated between Bandar Sunway and Bandar Kinrara. Needless to say, this area is packed with all types of amenities, thanks to its surrounding vibrant neighbourhoods.
Attractions such as IOI Boulevard and Setia Walk make Puchong Jaya well-suited for a younger generation of homeowners. There are also plenty of entertainment centres and commercial establishments to earn a decent living from in this area.
The average house price in this high-density township was RM498,000 in 2019. In 2020, there was a slight appreciation of 0.40% to RM500,000. Due to the pandemic, this area suffered a moderate drop in sales by 30.17%.
While this is not as bad as Bandar Setia Alam or Taman Putra Perdana, it still might push developers to offer tempting bargains for homeowners this year.