Sungai Besi: Once A Tin Mine, Now A Piece Of Golden Real Estate

The area will see itself transform with the building of Bandar Malaysia where the old rundown airport currently sits

Located 20km off Kuala Lumpur, Sungai Besi still retains its rustic 1930’s appearance and structure with most buildings standing tall. A real estate agent from Dutamas Properties, Wilson Law says, “Sungai Besi has a new lease of life as all the economic centres are moving towards the southern region of Kuala Lumpur. It is poised to become a central business district for the country. With the emergence of Tun Razak Exchange (TRX), the city’s financial district and Bandar Malaysia, there will be an immense growth within the central business district coupled with good connectivity such as the Terminal Bersepadu Selatan (TBS) and a few major highways, Sungai Besi will certainly be a gem in Kuala Lumpur. All the other measures taken within the surrounding area has become a catalyst to upcoming developments.”

CONNECTIVITY & ACCESIBILITY

Sungai Besi is easily accessible through the Sungai Besi Highway, also known as BESRAYA which runs through Universiti Putra Malaysia (UPM) to the MRR2 interchange near Pandan Jaya. In addition to that, Sungai Besi is also reachable via the North-South Expressway Southern Route which is also the longest highway in Malaysia, connecting four states together, namely Selangor, Negeri Sembilan, Melaka and Johor. The town also has its own LRT Station served by the Sri Petaling line that has been in operations since 1996.

BANDAR MALAYSIA

Bandar Malaysia, three kilometers away from its twin project Tun Razak Exchange, is set to have the most innovative urban solutions for liveability in a new urban ecosystem, relooking at the relationship between people, buildings, traffic and nature in the capital city.

“A modern metropolis with high quality living and good connectivity.” That is how the Prime Minister sees Bandar Malaysia – soon to be transformed from the existing Sungai Besi Airport.

The Government expects the development to bring in a huge amount of foreign direct investments, (FDIs) starting with the US$2bil (RM8.14bil) by CREC to build its integrated office complex there.

There is also the Kuala Lumpur–Singapore High Speed Rail (HSR) project, which will definitely add more investment value to Sungai Besi area. The project was announced by the Prime Minister in September 2010 and supposedly connects Kuala Lumpur and Johor Bahru with Singapore. On 19 February 2013, Singapore and Malaysia had officially agreed to build a high-speed rail link between Kuala Lumpur and Singapore by 2022, with work scheduled to commence next year.

The HSR involves a total of 350km. The line will have seven stops — two terminus in Bandar Malaysia in Kuala Lumpur and Jurong East in Singapore, and five transit stations in Seremban, Ayer Keroh, Muar, Batu Pahat and Iskandar Puteri. The express service between Bandar Malaysia and Jurong East will take 90 minutes instead of four hours by car, while transit service will take 120 minutes via the same route. 

PROPERTY DEVELOPMENTS

The Trion, by Binastra Land is one of the most unique and latest developments to unfold in Sungai Besi. Within Sungai Besi, the GDV is estimated at RM1.3 billion with a good future prospect of appreciation in prices, as Sunway Velocity, Bandar Malaysia, IKEA and more are all close by.

Midfields 2, developed by YTL Land and Development Berhad is a residential, comprising 792 units of varying built-up areas from 1,044 sqft to 1,152 sqft. Located in Sungai Besi, Midfields is positioned along the convergence of three major highways — the Maju Expressway, Federal Highway and Besraya highway — and is only eight minutes’ drive to Mid Valley and 15 minutes to the Kuala Lumpur city centre.

In addition to that, Anyaman Residence by ZYNS Development Sdn Bhd has a green landscape with excellent facilities to strike a balanced day to day living. Anyaman is targeted to cater to middle-income families, professionals and investors. The project was launched in August 2013 and is expected to be completed by this year.

The Chief Executive Officer of REI International Holding Sdn Bhd, Dr. Daniele Gambero opines that “Sungai Besi is a goldmine where you can make money through property investment. The area itself is a piece of art for its well-crafted connectivity to highways and public transportations such as LRT and KLIA Transit. It also has the TBS which connects Greater Kuala Lumpur to the southern region including Singapore. The investment area that you should give more attention to is from the Sungai Besi toll until Bandar Malaysia.”

With great accessibility, international connectivity, integrated developments as well as Bandar Malaysia as a catalyst, Sungai Besi is believed to be the ultimate investment area in Kuala Lumpur. It is definitely an investment hotspot you would not want to miss!