Kuala Lumpur, Malaysia
Putrajaya is the government hub of Malaysia, previously a palm oil land that was developed to become the new government seat. Located almost an hour away from the city centre of Kuala Lumpur, the entire government office moved here in 1999.
The houses in Putrajaya are extremely modern, with a western design of no fencings surrounding the homes despite not being a gated and guarded area. Security is however quite tight, as due to the many dignitaries living in the area, there are frequent police patrols.
The majority of the residents who live in Putrajaya are the government residents themselves, and as such the majority of the residents are of the Malay ethnicity group. Prices of the homes in this area is very steep due to the very large built-ups and excellent designs of the homes.
Property development here is however very much controlled due to proximity to many government buildings along with being an already well planned township, hence property investors will need to look to the neighboring Cyberjaya for any investment prospects.
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ELITE, NKVE, NSE, SKVE, Maju Expressway, KLIA Extension Highway, BESRAYA
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This chart represents the ethnic group of residents in Putrajaya. *
Did you know?
An ethnic group or ethnicity is a socially defined category of people who identify with each other based on common ancestral, social, cultural or national experience. (Wikipedia)
* Data obtained from official source.
This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).
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Transacted Prices will give you an idea of the neighbourhood’s property price trend.
Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Putrajaya *
* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area
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This is a representation of Kuala Lumpur Consumer Price Index (CPI) for the year of 2011 - 2015
Did you know?
A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)
The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.
The above graph shows 1.363% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 1.633% in 2013. Prices of essential goods then increasing to 3.308% in the year 2014 while surging by 3.019% in 2015.
While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 104.1 in 2012, 105.8 in 2013, 109.3 in 2014, 112.6 in 2015.
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