Selangor, Malaysia

Selangor is a state of Malaysia that is 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, Selangor has one of the least foreigner-friendly real estate investment policies by the state government. Foreigners are 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:

DateTypeBuilt-upPrice
TodayCondominium856 sfRM300,000
TodayCondominium1,060 sfRM380,000
TodayShop-Office603 sfRM175,000
TodayShop-Office1,327 sfRM300,000
TodayFactory5,339 sfRM3,900,000
TodayCondominium450 sfRM290,000
TodayCondominium550 sfRM380,000
TodayCondominium749 sfRM550,000
TodayCondominium759 sfRM370,000
TodayTerrace-NA-RM240,000

Latest Selangor for rent listings:

DateTypeBuilt-upRental
TodayCondominium750 sfRM2,000
TodayRoom In Apartment-NA-RM700
TodayRoom In House-NA-RM460
TodayRoom In House-NA-RM460
TodayRoom In House-NA-RM660
TodayRoom In House-NA-RM640
TodayRoom In House-NA-RM520
TodayRoom In House-NA-RM520
TodayRoom In House-NA-RM800
TodayRoom In House-NA-RM400

5 user comments on Selangor:

Ng Say Joe
01 Aug 2019 @ 6:59 PM
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Ng Say Joe
09 Aug 2019 @ 11:02 AM
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Julianna
19 Aug 2019 @ 11:45 AM
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