Being the capital city of Selangor, which is one of the biggest GDP contributors for our country, Shah Alam became a favourite hotspot for buyers looking for old or new property for sale. Developed in line with growth prospects focusing on governance, economy, education, infrastructure and culture, Shah Alam is one of the property seekers’ places to look for a house to live or as an investment.
Shah Alam has given birth to many popular and innovative projects with modern and practical designs of apartments for sale, making it a viable choice to settle in and grow together with the city. According to Property Outlook Report 2019 by PropertyGuru; under Selangor region, Shah Alam is the second most searched popular districts in after Petaling Jaya.
Naturally when this happens, two things are expected:
1) Property prices in general will increase due to added demand and
2) the area will become denser, which might turn off buyers who are looking for a more serene township
Then, came along this township near to Shah Alam that piqued our curiousity.
The Overlooked Viable Property Township Near Shah Alam
Formerly a palm estate of the Federal Land Development Authority (FELDA) within the locale of Bukit Cherakah, the main town in Puncak Alam was launched in 1997. Puncak Alam came into prominence recently and it has attracted many well-known property developers to tap its growth potential.
How much has Puncak Alam grow so far?
The New Shah Alam 2 Is in It
Leveraging from the success of Shah Alam, Shah Alam 2 was built on a 405ha piece of land since 2001. Back then, it was a relatively new area and very few developers dare to venture into this new place. Now that it is more than 90 percent completed, many key developers have set foot into Puncak Alam to set up their own development, speaking of which…
There Are Currently 9 Property Developers Building New Properties & Houses For Sale Near Shah Alam
9 prominent developers including public listed ones have set foot many years ago and established their own collection of apartments, terraced houses, superlink homes, bungalow lots, semi-detached clusters and commercial properties.
It Has Easy Access to Major Highways
A mandatory requirement for any township to thrive, it must be accessible via highways and thankfully, Puncak Alam can easily access to Kuala Lumpur via the Shah Alam-Puncak Alam Highway, Guthrie Corridor Expressway, New Klang Valley Expressway, North South Expressway Central Link and The Kuala Lumpur-Kuala Selangor Expressway
A Prominent University is In Here, Instead of in The Vicinity of Shah Alam’s Property
Universiti Teknologi Mara (UiTM) established its campus in Puncak Alam since 2009. Built across 1,085.75 acres of land, the newest campus under UiTM is expected to receive a surplus of more than 20,000 students from its main campus at UiTM Shah Alam.
It Can Only Grow Bigger from Here
With so many efforts, resources and investments poured into Puncak Alam, this is one place you should be paying close attention to when you are looking for a place to live, grow and prosper.
While many prominent townships elsewhere have been getting a commendation, relatively new township such as this should be in your watch list as it stands a better chance for scooping up undervalued properties, growing up in a serene environment with anticipation of value appreciation.