Puncak Alam, Kuala Selangor
Puncak Alam (also known as Bandar Puncak Alam / Shah Alam 2) is a leasehold town that is located in Kuala Selangor, Selangor. Puncak Alam's remote location, relatively sparse development in the past, and predominantly Malay population suggest that it might not be the first choice for some real estate investors. However, the fact that it has been designated as an education town, along with other neighbouring areas, makes it worth considering. The potential influx of students and staff from the 20 tertiary institutions set to open soon could drive demand for both rental and purchasing properties in the area. Investors who can look beyond the initial perception and do thorough market research might discover a promising opportunity in Puncak Alam's emerging real estate market.
This town has some amenities nearby, such as, schools and universities. The following are some main schools here:
- SA Rakyat Puncak Alam 2
- SR Islam Az Zahrawi Puncak Alam
The current rental yield of Puncak Alam is 1.89% for houses. The highest rental yield ever recorded was 5.22% in Q1 2014 (house); while the lowest one was 1.89% in Q1 2022 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Puncak Alam for houses is 4-bedroom / 1,400 sf with a median price of RM360 psf. For price wise, the most expensive one is 4-bedroom / 1,400 sf with a median price of RM360 psf; while the cheapest one is 3-bedroom / 1,400 sf with a median price of RM250 psf.
Latest Puncak Alam sale listings:
Latest Puncak Alam rental listings: