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Page 1: Oregeon Property Consultancy Bandar Tun Hussein Onnoregeon.com.my/wp-content/uploads/iProp_012015.pdf · traffic flow on the Cheras-Kajang route, an MRT project has been planned and
Page 2: Oregeon Property Consultancy Bandar Tun Hussein Onnoregeon.com.my/wp-content/uploads/iProp_012015.pdf · traffic flow on the Cheras-Kajang route, an MRT project has been planned and

64 |

ProPerty Investment Data | Oregeon Property Consultancy

Bandar Tun Hussein Onn

Located between the Kuala Lumpur city centre and the

Kajang Town Centre, Bandar Tun Hussein Onn comprises

mainly residential and commercial elements. Governed under

Majlis Perbandaran Kajang, Bandar Tun Hussein Onn falls

under the minor planning block of Cheras, adjoining to other

minor planning blocks like Taman Sri Bahagia, Kota Cheras,

Batu 10 Cheras, Bandar Mahkota Cheras, Batu 11 Cheras,

Cheras Jaya, Kawasan Perindustrian Kg. Baru Balakong, and

Desa Baiduri. The majority of the dwellings in the township

are of landed properties such as bungalows, semi-detached

houses and terraced houses as well as a small amount of

four to five-storey flats. Located in the heart of the town

is the commercial area where retail shops and AEON BIG

(Carrefour) can be found. A recreation area with a lake is also

available for shoppers and residents to hang out and relax at.

The most common access to Bandar Tun Hussein Onn is via

the Cheras-Kajang Highway, followed by Lebuh Utama Tun

Hussein Onn. As alternative, the township is also accessible

from the south-east and south-west via the SILK Highway,

Persiaran Damai Perdana passing through Bandar Damai

Perdana or Jalan Alam Damai passing through Alam Damai.

Currently, there is no comprehensive rail service available

within the township, merely public transportation in the

forms of buses and taxis. However, in view of the heavy

traffic flow on the Cheras-Kajang route, an MRT project has

been planned and is currently under construction to provide

rail services from Kajang to Sungai Buloh. One of the MRT

stations – the Bandar Tun Hussein Onn stations - is planned

to be located along the Cheras-Kajang. The MRT is expected

to be completed in 2017.

The recorded transaction prices of selected schemes within

Bandar Tun Hussein Onn as at September 2014 are as below:-

Semi-detached houSeS

area StoreyLand area

year min (rm) max (rm) count

Jalan Suarasa

23,197 - 4,435 sq ft

2010 807,980 938,000 19

2011 867,166 1,200,000 3

2012 1,260,000 1,260,000 1

2013 1,100,000 1,831,123 11

2014 1,350,000 1,600,000 3

Jalan Suasana

2

2,450 -

3,387 sq ft

2010 375,000 600,000 7

2011 350,000 750,000 9

2012 510,000 950,000 11

2013 600,000 970,000 7

2014 655,000 1,150,000 4

Oregeon Property Consultancy Research Team

Oregeon Property Consultancy Research Team

Capitalising on its straddle between established

townships, Bandar Tun Hussein Onn has

nowhere to go but forward.

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terraced houSeS

area StoreyLand area

yearmin (rm)

max (rm)

count

Jalan Suadamai

11,539 sq ft

2011 190,000 230,000 2

2012 200,000 345,000 3

2013 300,000 330,000 2

2014 285,000 350,000 2

2

1,647 sq ft

2010 300,000 415,000 7

2011 330,000 475,000 15

2012 200,000 580,000 8

2013 300,000 630,000 10

2014 600,000 640,000 5

1,850 sq ft

2010 385,000 650,000 2

2011 380,000 600,000 9

2012 390,000 679,000 3

2013 590,000 870,000 5

2014 785,000 800,000 2

Jalan Suakasih

11,539 sq ft

2010 197,000 200,000 2

2011 230,000 275,000 3

2012 300,000 300,000 1

2013 325,000 325,000 1

1.51,539 sq ft

2010 195,000 310,000 10

2011 160,999 477,000 9

2012 270,000 365,000 9

2013 350,000 535,000 6

2014 380,500 470,000 3

21,539 sq ft

2010 110,000 400,000 8

2011 257,000 470,000 6

2012 430,000 640,000 5

2013 550,000 675,000 3

2014 465,000 630,000 5

Jalan Suasana

1

1,430 sq ft

2010 150,000 200,000 2

2011 220,000 255,000 5

2012 260,000 334,000 3

2013 190,000 365,000 7

2014 320,000 400,000 3

1,540 sq ft

2010 200,000 200,000 1

2011 210,000 275,000 3

2012 167,000 340,000 6

2013 295,000 397,600 2

2014 325,000 325,000 1

1.51,540 sq ft

2010 245,000 270,000 2

2011 247,000 315,000 3

2012 300,000 393,000 5

2013 270,000 400,000 4

21,650 sq ft

2010 165,000 325,000 9

2011 315,000 455,000 7

2012 225,000 520,000 10

2013 235,000 610,000 9

2014 535,000 656,000 2

Oregeon Property Consultancy Research Team

apartmentS / FLatS

SchemeBuiLt-up

areayear

average (rm pSF)

count

PANGSAPURI JALAN SUASANA

845 - 1,066 sq ft

2010 141 17

2011 147 20

2012 167 16

2013 180 8

2014 209 8

PANGSAPURI SUAKASIH

632 - 650 sq ft

2010 113 13

2011 133 2

2012 136 5

2013 188 3

Oregeon Property Consultancy Research Team

Oregeon Property Consultancy Research Team

Oregeon Property Consultancy Research Team

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66 |

ProPerty Investment Data | Oregeon Property Consultancy

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Some of the notable on-going and upcoming developments in Bandar Tun Hussein Onn are as follows:-

proJect deveLoper type

Lake Vista Residence UDA Holdings Berhad 3 blocks of 9 to 15-storey Apartment (250 units)

Lake Valley Avenue 3 UDA Land Sdn Bhd Bungalows

Lake Valley Avenue 4 UDA Land Sdn Bhd22 units of 3-storey bungalow and 38 units of 3-storey semi-detached house

Town Park 5 UDA Land Sdn Bhd10 units of 3-storey shop-office and 1 unit of 4-storey shop-office

Town Park 6 UDA Land Sdn Bhd Condominiums

Lumiere ORC Land Holdings Sdn Bhd 352 units of condominium and 32 units of villa

Windows on the Park SDB Properties Sdn Bhd 3 blocks of 15 to 33-storey apartment (540 units)

Sutera Residence Premier S&P Development Sdn Bhd21 units of 2.5-storey terraced house and 15 units of 3-storey terraced house

Oregeon Property Consultancy Research Team

Three standard types of properties were analysed to indi-

cate the price trend, namely semi-detached houses, terraced

houses and flats/apartments. Generally, all these properties

have seen an increasing trend from year 2010 to 2014, with

some achieving an increase of almost 100%. In terms of trans-

acted units, semi-detached homes remain rather consist-

ent. Since 2011m and as at September 2014, a total of seven

transactions were recorded from the selected schemes. For

terraced houses, however, despite a recorded increase from

2010 to 2011, a decreasing trend was noted until September

2014, recording merely 23 units. The same goes for the less

popular choice of flats/apartments. It has been on a decrease

since 2010, and a mere eight units were recorded as at Sep-

tember 2014.

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68 |

PROPERTY INVESTMENT DATA | Oregeon Property Consultancy

SR WONG WEN CHET B. Bus (prop). mricS, miSm, mpepS, mmippm

Sr Wong Wen Chet is the Managing Director of Oregeon Property Consultancy Sdn Bhd. He is a

Registered Valuer & Registered Estate Agent recognized by Board of Valuers, Appraisers and Estate

Agents and has been in real estate industry for more than 10 years. He is also Committee Member of

REHDA Youth under Real Estate and Housing DevelopersÕ Association Malaysia (REHDA).

SR KOK CHIN YEE B. (hons). estate management. miSm, mpepS, mmippm

Sr Kok Chin Yee is the Director of Oregeon Property Consultancy Sdn Bhd. He is a Registered Valuer &

Registered Estate Agent recognized by Board of Valuers, Appraisers and Estate Agents. He has more than

8 years of professional real estate experience mainly in valuation of residential and commercial properties

for retail and corporate clients. He is the award winner of the Ôout-standing writer on property and

construction 2014Õ by Royal Institute of Surveyors Malaysia.

Oregeon Property Consultancy Sdn Bhd

DISCLAIMERSince the asking prices and project status various from time to time, we do not guarantee the validity of the information found here. The analysis and the article written was based on information available and was then further modifi ed and analysed by Oregeon Property Consultancy Research Team. We bear no losses or legal liability caused by the information given.

Bandar Tun Hussein Onn is a rather family friendly township

where basic amenities and facilities are sufficient enough to

label it self-sustainable. Accessibility by road has been well-

planned, but traffic congestion and the amount of toll booths

have planted an imperfect impression towards the up and

coming township. The announcement of the MRT project

has won peopleÕs interest in buying a home or investing in

the township, as the main headache of traffic is expected to

be eased by the availability of a train service.

From the table it is can be noted that condominiums and

apartments are coming up in view of the lack of decent

high-rise dwellings within the township. However, these

high-rise dwellings are tilted towards the higher-end market

and almost all of the high-rise dwellings are launched at

RM500,000 and above, such as the Lake Vista Residence,

Windows on the Park, Town Park 6 and Lumiere. Terraced

houses, semi-detached houses and bungalows maintained

their prices and have not made it easier for buyers,. Terraced

houses are seeing launches at RM1 million onwards, semi-

detached at RM1.75 million and bungalows in Lake Valley

Avenue 3 are launched from RM3.5 million onwards.