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Top 5 Condos and Terraces With the Highest Capital Growth in 2017

BY Contributor - iProperty

Updated 19 Oct 2018




2018 has brought so many unexpected changes to Malaysia that it’s hard for any one person to predict how the economy will be like in the next few months. However, if you’re still looking to invest in a property in 2018, no time is better than right now!

Why not take past trends as a quick guide to which properties throughout Malaysia has shown the best growth in terms of capital appreciation? No worries if you’re unsure where to find valuable data like that, we’ve got you covered! Here’s the breakdown of winners*, ranked according to the highest year-on-year growth in property value from October 2016 to September 2017 (refer to footnotes).

*Sales data is captured from the Valuation and Property Services Department (JPPH) and compiled by iProperty.com’s big data solution, iPropertyiQ.com.

What's covered in this article?


 

Top 5 Condominiums

1) Casa Lago Apartments, Malacca City – Capital appreciation of 26.7%

Source: Google Maps

  • Price range: From RM300,000
  • Built-up size: From 860 sf to 1,152 sf

2) Serdang Sky Villas, Taman Serdang Perdana, Sri Kembangan – Capital appreciation of 26.6%

Source: iProperty.com

  • Price range: From RM178,000
  • Built-up size: From 554 sf to 1,064 sf

3) Maisson Residence, Ara Damansara – Capital appreciation of 20.4%

Source: Google Maps

  • Price range: From RM300,000
  • Built-up size: From 481 sf to 1,594 sf

4) 8 Kinrara Serviced Apartment, Bandar Kinrara, Puchong – Capital Appreciation of 15.7%

Source: iProperty.com

  • Price range: From RM420,000
  • Built-up size: From 623 sf to 1,286 sf

5) Casa Subang, USJ1, Subang Jaya – Capital appreciation of 15.2%

Source: Google Maps

  • Price range: From RM280,000
  • Built-up size: From 682 sf to 1,555 sf

 

Top 5 Terrace Homes

1) Taman Desaru Utama, Kota Tinggi, Johor – Capital appreciation of 54.8%

Source: SKSgroup.com.my

  • Price range: From RM298,000
  • Built-up size: From 1,113 sf (single-storey) to 2,240 sf (double-storey)

2) Taman Melawati, Skudai, Johor – Capital appreciation of 54.1%

Source: Google Maps

  • Price range: From RM325,000
  • Built-up size: From 855 sf (single-storey) to 1,800 sf (double-storey)

3) Taman Tangkak Jaya, Tangkak, Johor – Capital appreciation of 51.8%

Source: Google Maps

  • Price range: From RM85,000
  • Built-up size: From 644 sf (single-storey) to 1,540 sf (double-storey)

4) Taman Mewah Kulai, Kulai, Johor – Capital appreciation of 50.2%

Source: Google Maps

  • Price range: From RM145,000
  • Built-up size: From 441 sf to 880 sf (single-storey)

5) Taman Kledang Menglembu, Menglembu, Ipoh – Capital appreciation of 50%

Source: Google Maps

  • Price range: From RM86,000
  • Built-up size: 887 sf (double-storey)

Notes:

  1. The data from JPPH officially records a property transaction once the stamp duty for the Sales and Purchase Agreement has been paid, which is why the review period ends in September 2017 as the data from JPPH has not been released yet. Analytics are based on the data available at the date of publication and may be subject to revision as and when more data becomes available.
  2. The capital growth value shown is the average capital appreciation of all transactions within the project/scheme throughout the review period.
  3. Residential projects with less than 10 transactions were not taken into consideration when selecting the top 5 winners of each category.

 

To conclude

It’s of no surprise that of the five winning condos, four of them are located in Klang Valley, whereas the top spot goes to Melaka. In the terrace homes category though, potential investors should consider investing in the up-and-coming state of Johor, since it fills four of the five spots. If you’re looking to take up a loan and start investing, make sure you use an accurate and reliable tool to check for your eligibility first!

This article was repurposed from "Highest Capital Growth: Top 5 Condos & Terraces in 2017", first published on iProperty.com.my.

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About the Author

Contributor - iProperty

iProperty.com.my connects Malaysians with their property aspirations, influencing purchase intention and behaviour.

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