• Sungai Besi

    Sungai Besi, a small township at the edge of Kuala Lumpur city centre, used to be a tin mining town with one of the largest man-made holes in the world, covering 12 acres at surface level and 2.5 acres at the working level 80 feet below. Since then, the town has grown rapidly with commercial and residential areas. However, it still remains a stark contrast to the sprawling urbanisation surrounding it.

    Unlike its neighbouring towns, Sungai Besi still retains an overall rustic appearance from the 1930s with most of its original structures from the British era still standing and in good conditions. The town is mostly occupied by an old rundown airport – the Sungai Besi airport, old industrial factories along Jalan Chan Sow Lin and residential suburbs.

    It is perhaps this lack of progress in the area which placed Sungai Besi in the back radar of many investors when it came to property investment. But not anymore. With various latest developments and future mega projects in the pipeline, Sungai Besi is now poised to be the next treasure trove for property investment in KL. Here are 3 reasons why.

     

    1. Great connectivity and accessibility

     
    Located in the south of Kuala Lumpur, Sungai Besi enjoys great accessibility via various road networks. It is connected to the Kuala Lumpur city centre via Jalan Sungai Besi, E38 SMART Highway and E9 Sungai Besi Highway, also known as Besraya, which runs through Universiti Putra Malaysia (UPM) in Serdang to the MRR2 interchange near Pandan Jaya.
    Sungai Besi is also connected to the E2 North-South Expressway Southern Route which conveniently links you to the southern states of Negeri Sembilan, Malacca and Johor before taking you to the Causeway and Second Link to Singapore.
    When it comes to public transportation, the area is conveniently served by the Sungai Besi LRT station on the Sri Petaling Line. Now, thanks to Maju Group, there’ll even be a KTM station in the area. As at March 2017, Maju Group has already received approval for the building of the station which is part of their initiative to provide convenience to the residents of Maju Kuala Lumpur, their upcoming loft apartment project in Sungai Besi.
    The KTM station would be connected to the shopping mall at their new development. Once completed, it will be located between the Serdang and Bandar Tasik Selatan KTM stations. Being a transit-oriented development, there will also be a link bridge connecting the development to the upcoming Sungai Besi MRT station on the Sungai Buloh-Serdang-Putrajaya MRT Line, providing even more convenience to Maju Kuala Lumpur residents.

    And located just within 5km radius from Maju Kuala Lumpur is Terminal Bersepadu Selatan (TBS), making it easy for residents to travel outstation via public transport too. Infrastructure developments such as these not only improve mobility for commuters but also prove beneficial for property owners as property prices tend to increase when they are closer to effective means of transportation or connectivity.

    According to Datuk Ng Seing Liong, past president of Real Estate and Housing Developers’ Association Malaysia (Rehda), as cited in iMoney.my, we can expect roughly a 5% to 10% increase in the value of properties with the MRT line in operation. “Capital appreciation is expected to be the highest for properties within a 500-metre radius of stations”,

     

    2. An established township

    As one of Kuala Lumpur’s oldest township development with a rich history dating back to more than eight decades, Sungai Besi is surrounded by various matured townships such as Salak Selatan, Kuchai Lama, Desa Petaling, Sri Petaling, Overseas Union Garden (OUG), Bukit Jalil and Cheras. Being an established area, there are many schools available, both public and private alike, including vernacular schools.

    There are also well-known medical institutes such as the National University of Malaysia Hospital (HUKM) in Bandar Tun Razak and the Columbia Asia Hospital in Cheras. Another notable name in the area is the Selangor Turf Club (STC), a major horse racing course in Klang Valley.

    For grocery shopping, one can go to the many retail outlets located nearby such as Aeon Big Sri Petaling, Giant Supermarket Desa Petaling, NSK Trade City Kuchai Lama, Giant Superstore Taman Connaught and more.

    For leisure shopping and entertainment, there are various shopping malls nearby, including Cheras Leisure Mall, Ikon Connaught, Sunway Velocity, and Mytown Shopping Centre, which is adjacent to the new Ikea Cheras. You can even choose to go to cineplexes such as MBO Desa Petaling if your sole purpose is to watch movies.

    Even The Mines and Bukit Jalil City are not too far away – within a 5km radius from Sungai Besi. For outdoor recreational activities, the Bukit Jalil Recreational Park would be a good place to go to.

     

    3. Bandar Malaysia – the next big thing is on its way

    A greater part of Sungai Besi is to be transformed into the future mega development project, Bandar Malaysia. Currently occupied by the Sungai Besi Airport, this 196-hectar land is about to experience a major surge in value once the development materialises by 2022.

    With an estimated gross development value (GDV) of RM150 billion, the much-anticipated development will comprise 27,000 quality and affordable homes and commercial districts to support new start-ups as well as small and medium enterprises (SMEs). According to the plan, there will also be subterranean shopping malls, a financial hub and indoor theme parks.

    With all these major plans in the pipeline, Sg Besi is bound to see vast improvements in terms of accessibility and infrastructure, as well as more economic activities. Plus, just 3km away from the Bandar Malaysia site is yet another high-profile project, Tun Razak Exchange (TRX).
    Sungai Besi, being in close proximity to both these projects, would have a high potential of becoming a future central business district in Kuala Lumpur. This means a boost in property prices in future due to high demands from those working in the area. With this in mind, now is definitely a great time to invest in Sungai Besi as there is plenty of room for capital appreciation especially once Bandar Malaysia comes up.
    According to the Edge Property Online, properties in the area enjoyed favourable capital appreciation with a growth of 16.49% in the median transacted price psf from 2015 – 2017.
     

    UPCOMING DEVELOPMENT

    Located in KL South, Trinity Aquata is a low-density condominium project with a gross development value (GDV) of about RM370 million. Spanning over 3.58 acres of freehold land, Trinity Aquata is located just 1 km away from TBS, and is accessible via Besraya, Middle Ring Road 2 (MRR2) as well as the MEX.

    Developed by the boutique developer Trinity Group Sdn Bhd, the developer has collaborated with the Kuala Lumpur City Hall (DBKL) to invest RM3 million to improve the infrastructure surrounding Trinity Aquata @ KL South, including to widen the existing Jalan 1/141 by expanding the current two lanes to four lanes, measuring 23.4m wide.

    However while Sungai Besi has seen a rapid growth in its infrastructure, Khalil Adis, the founder of Khalil Adis Consultancy Pte Ltd and director, REI Mediaction Sdn Bhd says that the township planning of Sungai Besi could be have been better, as the current land use and urban planning are clearly designed for a car-centric society, without prioritising the needs of pedestrians or public transport users.

     

    INFRASTRUCTURE

    “I live in Sungai Besi and I experience first-hand the hassles residents here go through on a daily basis. For example, while the Integrated Transport Terminal (TBS), LRT, KTM Komuter and KLIA Transit stations in Bandar Tasik Selatan are located within close proximity, it is not safe to go from there to the nearby residential blocks, because the pedestrian bridge ends halfway, which means one has to walk on the highway against the flow of traffic before they can reach their homes. Likewise, in order to get to Sungai Besi LRT station, you need to walk on the highway against the flow of traffic. This has dampened the willingness of residents to take public transport.”

    “While I believe that Sungai Besi has a lot of potential for growth, as it is going to be the site of Bandar Malaysia which will house the High Speed Rail station to Singapore, there still needs to be a strong political will by the various stakeholders to make things happen. For example, the authorities must ensure that residents can have easy access to the LRT stations, with frequent feeder bus services to close the ‘last mile connection’ by fetching them from the stations to where they actually live. There also needs to have clearer and better signage on bus stops to and for the LRT stations,” says Khalil.

    He added that authorities should also plan proper park connectors to connect various public parks, playgrounds and residential areas with the existing pedestrian infrastructure seamlessly, and the City Hall should also enforce the municipal laws vigorously, to ensure the upkeep of city, and to prevent the unethical people from dumping garbage or construction debris everywhere.

    Sungai Besi is a good place to invest in and will provide a good return of investment to investors in the long term, as the properties here are still affordable with plenty of room for capital appreciation. However, the current deficiencies in poor urban planning, lack of decent access to nearby public transport and lack of greenery need to be addressed by the relevant authorities in order to enhance its appeal.

    CEO of REI International Holding Sdn Bhd, Dr. Daniele Gambero agrees that Sungai Besi is a goldmine where you can make money through property investment – in condominiums, serviced apartments and residential units, because of its well-crafted connectivity to highways and public transportations such as LRT as well as the upcoming MRT Line 2. The HSR which connects Greater Kuala Lumpur to the southern region including Singapore will certainly open up Sungai Besi to a lot of opportunities and growth potentials. Hence he advised that one should focus on Sungai Besi to enjoy the fantastic growth, especially watch out for the projects that will unfold around the stretch between Bandar Malaysia and the Sungai Besi toll plaza.

    In conclusion, Sungai Besi has a lot of potential to become the next city centre of Kuala Lumpur. With great accessibility, international connectivity and Bandar Malaysia as a catalyst for future integrated developments, Sungai Besi is set to transform from an established matured township to a hotspot close to the city where residents will have the options in choosing their preferred transportation mode, allowing them to commute to the towncity or to their work place with ease. They can also shop easily for groceries in retail hubs nearby, catch a blockbuster movie in cineplexes such as MBO Desa Petaling located nearby, or go for a jog at Bukit Jalil Recreational Park. These are the convenience we believe most people will be looking forward to, living in an area integrated with bundle of entertainment, transport and recreation amenities.

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  • Sungai Besi Tenant Directory

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    Sungai Besi, Salak South, Chan Sow Lin, Jalan Sungai Besi

    Great Location Access To Jalan Sungai Besi 15min To KL

    Details
    • Corner Unit
    • Land Area 8945sf
    • Build Up 5054sf
    • Tenanted RM 18,000
    • Nearby Bandar Malaysia Projects
    • Easy Access And Connected With Major Highways
    • Great For Investment Prime

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    Sungai Besi, Salak South, Chan Sow Lin, Jalan Sungai Besi

    - Leasehold till 2091@ 72years
    - Built Up: around 5,000sf
    - Land area : 10668sf
    - SALE @ Rm 3.32 mil
    - Market value Rm 4.1mil

  • Tenant Directory

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    1

    Jalan Kuda Emas

    My Car Motorsports Sdn Bhd

    Lot N AS Automobile Sdn BHD

    MINES AUTO TRADING SDN BHD

    2

    Sungai Besi Autoworld

    Sungai Besi Autoworld - Mr Khaidir

    Cassa Auto Mart Sdn Bhd

    QUALITY MOTOR TRADING

    TCT Auto (SBA) Sdn Bhd

    Amcar Motors Sdn Bhd

    Trinity Mines Auto Sdn Bhd

    CTN Auto Sdn Bhd

    CTK AUTOMOTIVE SDN BH

    DMH Reliance Sdn Bhd

    Stardeal Auto World Sdn Bhd

    Country Pyramid Sdn. Bhd.

    A&Z Motors Sdn Bhd Lot 25

    MAJU ERA MOTORSPORT (M) SDN BHD

    Amcar Sba Sdn bhd

    MY CAR ENTERPRISE LOT A & G

    Gob Auto Sdn Bhd

    ASL Motor Sdn Bhd

    HST AUTO ENTERPRISE

    ACARZ MOTOR SDN BHD

    LOT C Nippon Motorsport

    TSL Auto Motors Services

    Smart Auto Performance sdn bbd

    WS AUTOMOTIVE SDN BHD

    3

    Selangor Turf Club

    LOT A7 Great Wall Motors Sdn Bhd

    TWO S AUTO SDN.BHD LOT B7

    Lot A8 Twin Brothers Motor

    PALING AUTO SDN BHD