Selangor, Malaysia

Selangor is a state of Malaysia that located in the central region of the country peninsula. Selangor is the richest state in Malaysia in terms of GDP, as part of it falls under the Greater KL metropolitan area. The population of Selangor is around 6 millions, and it has a diverse population with races that consist of Malays, Chinese, Indians, Banglas, Indons, and Nepalis. The public transportation here is the same as that of Kuala Lumpur, as the state is basically connected to KL City Centre by the same public transportation systems.

As for the real estate market, Selangor has one of the least affordable housing markets in the country due to its massive population influx from other states. Besides, the high property prices here are also due to the many high-income workers from the GLCs, IT multinationals and local O&G giants based in Selangor. However, there are also many low-income foreign workers mainly from Bangladesh, Indonesia & Nepal here as well, where they usually live in one of the many low-cost flats in a crammed fashion.

The following shows the property transactions in Selangor over the last few years:

In order to curb property speculation, however Selangor has one of the least foreigner-friendly real estate investment policies by the state government. Foreigners are not not allowed to buy individual landed residential properties, while there is a minimum price of up to RM2 millions for high-rise residential property purchase.

Latest Selangor for sale listings:

TodaySemi-Detached3,200 sfRM1,450,000
TodayPenthouse4,177 sfRM1,350,000
TodayDuplex2,153 sfRM630,000
TodayTownhouse1,245 sfRM269,000
TodayCondominium1,147 sfRM291,000
TodayShop-Office1,327 sfRM300,000
TodayShop-Office603 sfRM175,000
TodayTerrace2,300 sfRM490,000
TodayTerrace2,100 sfRM390,000
TodayTerrace2,100 sfRM450,000

Latest Selangor for rent listings:

TodayCondominium1,050 sfRM2,000
TodayTerrace1,200 sfRM1,500
TodayLow-Cost Flat750 sfRM1,000
TodayRoom In House-NA-RM450
TodayCondominium456 sfRM1,000
TodayRoom In House-NA-RM450
TodayRoom In House-NA-RM500
TodayRoom In House-NA-RM500
TodayRoom In House-NA-RM125
TodayRoom In House-NA-RM125

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