Silk Highway, Balakong

Silk Highway (also known as Lebuhraya Silk) is a town located in Balakong, Selangor.The built-up available in this town is 1,300 sf to 4,549 sf for houses. Other neighbouring towns nearby are Bandar Damai Perdana, Bandar Tun Hussein Onn, Bukit Belimbing, Cheras Jaya, Cheras Perdana, Impian Ehsan, Kampung Baru Balakong, Sekamat, Sungai Balak and Taming Jaya.

Property Type
Town
Land Tenure
-NA-
Built-up
1,300 sf - 4,549 sf (House)
Market Price
RM330,000 - RM1,640,000 (House)
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This town has many amenities nearby, i.e. schools, metro transport stations and hospitals. The following are some of the main schools here:

As for metro transport stations, there are MRT Batu 11 Cheras and MRT Bukit Dukung.

The current market prices for Silk Highway are from RM330,000 to RM1,640,000 (about RM350 psf) for houses; while the monthly rentals are from RM1,500 to RM5,500 (about RM1.42 psf) for houses. The highest median price psf ever recorded was RM547 psf in Q4 2011 (House); while the lowest one was RM133 psf in Q2 2012 (House).

The current rental yield of Silk Highway is 5.54% for houses. The highest rental yield ever recorded was 5.54% in Q4 2018 (House); while the lowest one was 2.23% in Q4 2017 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at Silk Highway for houses is 5-bedroom / 3,161 sf with a median price of RM350 psf. For price wise, the most expensive one is 4-bedroom / 3,570 sf with a median price of RM390 psf; while the cheapest one is 3-bedroom / 1,300 sf with a median price of RM250 psf.

Latest Silk Highway for sale listings:

DateTypeBuilt-upPrice
TodayCondominium857 sfRM306,180
TodayCondominium1,044 sfRM480,000
TodayCondominium1,201 sfRM370,000
19-Mar-19Condominium857 sfRM490,000
19-Mar-19Shop-Office4,950 sfRM3,280,000
19-Mar-19Office1,400 sfRM510,000
19-Mar-19Retail1,400 sfRM1,900,000
19-Mar-19Retail1,100 sfRM1,100,000
19-Mar-19Retail-NA-RM1,900,000
19-Mar-19Retail2,110 sfRM2,790,000

Latest Silk Highway for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,086 sfRM1,200
TodayCondominium1,000 sfRM1,200
YesterdayRetail1,540 sfRM6,000
YesterdayRetail1,400 sfRM2,500
YesterdayShop-Office2,600 sfRM5,800
YesterdayShop-Office6,600 sfRM6,500
YesterdayRetail1,400 sfRM1,200
YesterdayRoom In Apartment-NA-RM250
21-Mar-19Condominium913 sfRM1,900
21-Mar-19Condominium484 sfRM1,200