Ampang
General
Ampang is a vibrant township located next to KL. With a population of approximately 130,000 (2010 survey), Ampang is labelled as an affluent urban city with discerning property owners. There are many embassies located in the Ampang area along Ampang Road, including those of the United Kingdom, France, China, Russian Federation, Indonesia, Ireland and Thailand. The Singapore High Commission and the U.S. embassy are also located near Ampang at the corner of Jalan Tun Razak and Jalan U Thant.
Ampang properties are seen to be enjoying good capital appreciations and rental yields. This is contributed by the facts that it has a close proximity to KL city area which attract abundant of local and international investors. Rental yields in Ampang are higher than in many other Klang Valley neighbourhoods due to an active expatriate rental market as it houses numerous embassies representing many countries.
Areas
With an areas of 89.17 km2, Ampang is a district in Malaysia that was split following the declaration of Kuala Lumpur as a Federal Territory. The township of Ampang is located in the Federal Territory side and is an eastern suburb of Kuala Lumpur. In general, Ampang is normally being referred to as Ampang Jaya or Ampang Kuala Lumpur. Ampang Jaya is located in the state of Selangor and it is administered by the Ampang Jaya Municipal Council (MPAJ),whereas Ampang Kuala Lumpur which is a historic town in district of Kuala Lumpur (KL). Its area in Kuala Lumpur can be identified as being along the Ampang Road and Ampang Hilir.
Connectivity & Accessibility
Major Highway:
Middle Ring Road (MRR2), Ampang Kuala Lumpur Elevated Highway (AKLEH), Duta-Ulu Klang Expressway (DUKE), BESRAYA Expressway, Jalan Ampang , East Klang Valley Expressway (EKVE), Sungai Besi-Ulu Kelang Expressway (SUKE).
LRT stations
Ampang station.
Cahaya station
Chempaka station
Pandan Indah station
Pandan Jaya station
Maluri station
Miharja station
Landmark Developments
Commercial schemes
|
NO |
NAME |
LOCATION |
DEVELOPMENT TYPE |
|
1 |
Ampang Point |
Seksyen 13 |
Shopping Complex |
|
2 |
Ampang Park |
Seksyen 14 |
Retail mall |
|
3 |
Midpoint |
Pandan Indah |
Retail mall |
|
4 |
Pandan Capital |
Pandan Indah |
Retail mall |
|
5 |
Spectrum Mall Ampang |
Bandar Baru Ampang |
Retail mall |
|
6 |
Galaxy Ampang |
Taman Nirwana Ampang |
Retail mall |
|
7 |
Tesco Ampang |
Pandan Jaya |
Hyper market |
|
8 |
Aeon Big Ampang |
Taman Dagang |
Hyper market |
|
9 |
Great Eastern Mall |
Jalan Ampang |
Retail mall |
|
10 |
Flamingo Hotel |
Jalan Ampang |
Hotel |
|
11 |
Gleneagles Intan Medical Centre |
Jalan Ampang |
Medical centre |
|
12 |
Ampang Puteri Medical Centre |
Jalan Mamanda |
Medical centre |
|
|
|
|
|
Transactions
Indicative rents as observed from listings vary between RM1.78 psf at GCB Court to RM4.35 psf at myHabitat, with annual asking rental yields of 5% to 7%. Among the luxury condominiums and newer projects, rental rates range from RM3.50 psf to RM4.20 psf, with yields of 4% to 5.1%.
Latest Developments
Many new developments in Ampang Hilir are in the pipeline. There are numerous upcoming developments being launched as listed below.
|
NO |
PROJECT NAME |
DEVELOPER |
TYPE |
PRICE |
EXPECTED COMPLETION |
|
1 |
Lakeside Residence |
Glomac Alliance Sdn Bhd |
2-Sty Terrace / Link House |
RM924,550 - RM965,550 |
May 2017 (expected) |
|
2 |
Koi Prima - Phase 2 |
Pagada Canggih Sdn Bhd |
Condominium |
- |
2017 (expected) |
|
3 |
Aurora Residence @ Lake Side City |
Permodalan Masteron Sdn Bhd |
Condominium |
- |
- |
|
4 |
Koi Suites |
Pagada Canggih Sdn Bhd |
Condominium |
Frm RM361,000 |
Jan 2020 (expected) |
|
5 |
Twinz Residences |
YGS Propertry Development Sdn Bhd |
Serviced Apartment |
Frm RM526,000 |
March 2018 (expected) |
|
6 |
Aquamarine |
Plenitude Permai Sdn Bhd |
2 & 3 Sty Terrace / Link House |
- |
March 2017 (expected) |
|
7 |
Sky Villa |
LBS Bina Group Berhad |
Condominium |
Frm RM574,400 |
- |
Related Projects:
Related News:
