Landserve MD Chen King Hoaw says owners of newly handed-over housing in Shah Alam find it hard to sell their unit or that the selling price is unable to match the cost price.
PETALING JAYA: The Shah Alam property market has seen a rise in demand after the completion of several highways that opened up the area over the last two decades. The area is ideal for investment with long-term capital appreciation in mind, but less suitable for investors looking for a quick buck in rental yield.
1. Low rental yield
According to real estate advisor Landserve Sdn Bhd managing director Chen King Hoaw, the average transaction price of a two-storey terrace in Shah Alam is between RM400,000 and RM1.45mil, depending on the built-up area, location and tenure.
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