Anyone that is interested in property in the land of Malaysia has a lot of options. People can choose from condominium styled living areas to elegant homes. The “house for sale” signs never come down in areas like Penang, Johor and Kuala Lumpur. It doesn’t matter if individuals are in the market for a bungalow or a house that sits on the hill. There is something for everyone in these thirteen states of Malaysian territories.
This area has some beautiful homes that are symbolic of the Asian culture that is often seen in America. There is an assortment of condominium findings with beautiful landscaping. All of these places are great for those that are looking for a place to live. People that pay money for homes will desire nice clean areas with great scenery. There is no shortage of this in Malaysia.
The housing market in Malaysia has not taken the same nose dive that has occurred in American real estate. To the contrary, Malaysia real estate is booming. The economic conditions are good, but the booming restate market has more to do with the population.
Penang is one state where there is definitely a boom in both population and real estate. There is a growth in the business district and this naturally equates to growth in Penang residential areas. The opportunity to purchase a bungalow may not be as great, but the Penang apartment market is outrageously successful.
People that are in search of a bungalow are usually more interested in renting them. This is because lots of them are on the lakes or over water. This is great for people that want to get away. It is rare, however, for many individuals to put a lot of time into the bungalow houses. They are fun for a moment, but most people are looking for a house for sale that sits high.
The condominiums are favorable in Malaysia because there are so many of them. It doesn’t matter what state or real estate agent you choose. There will always be a great number of condominiums that are looking to be filled.
Johor is growing, but Penang is still the ideal area for most people that are new to Malaysia. This area has come of the best areas for those that look for a metropolis feel. Property in this area can be higher because it is one of the more prosperous areas.
Asia contains some of the most populous areas on the Earth. It is only natural, then, that sports play a huge role in Asian society. From team sports like soccer (football) and cricket to individual sports like tennis and golf, Asia is a sportsman’s paradise. This continent is also home to the second biggest multi-sport sporting event. The Asiad or the Asian Games are held every four years and only rival the Olympics in scope.
One of the most popular sports in Asia is cricket. Cricket was brought to the continent by English colonials in the late 1700’s to early 1800’s. With nations playing in test matches against English and other European teams, the need to organize Asian cricket did not happen immediately. However, in 1983, the Asian Cricket Council was established to regulate the sport. India has become a world power in this sport with constant high rankings and two World Cup titles.
The organization of soccer in Asia took place a little quicker than cricket. With the introduction of regional competitions in the 1950’s and some successful sports marketing campaigns, Asian soccer began to grow in talent and in the amount of fans watching each match. On the global scale, South Korea has shown the most promise with a fourth place finish in the World Cup and routine trips to the Olympics.
When mentioning Japan, one has to think about baseball. While baseball is now impacting India, South Korea and China, Japanese baseball has been organized since 1934. Today it is a fully operating major league similar to that of the United States. It also allows foreign players to compete. Japan and Korea have also sent stars to America including Ichiro Suzuki, Hideo Nomo, and Chan Ho Park. Former Japanese superstar Sadaharu Oh is also the professional homerun king with 868 lifetime round trippers.
Table tennis, badminton, golf and tennis started out as recreational or club sports in Asia. However, when table tennis and badminton organized into professional organizations, the continent began to dominate year in and year out. China and Indonesia lead the way in badminton world championships while Chinese players routinely rule table tennis. Professional golf and tennis are only beginning to feel the impact of Asian athletes with the help of sports sponsorships and as these sports become more popular the impact should become greater. A mention should go to LPGA Hall of Famer Se Ri Pak of South Korea, who won 25 tournaments on the tour.
Federal Hill is situated just 15 minutes away from the heart of Kuala Lumpur’s city centre. It is gazetted as the last “green belt” of Kuala Lumpur due to the controlled development and preservation of its natural surroundings. This has certainly made it one of the most sought-after, private and exclusive areas for property seekers.
Situated on an estate of about 18 acres, Federal Hill is historically significant especially during the British colonial era in the 1950s. The earliest bungalows, amounting to about 113 in total, were first built on the hill to serve as government quarters. One of the oldest existing bungalows is now the headquarters of the Malaysian Nature Society and this building can be found a map dating as far back as 1929.
Today, Federal Hill is a popular neighbourhood for Kuala Lumpur’s most elite. A total of three state palaces from Kedah, Perak and Negeri Sembilan royal lineage have been built within the vicinity. Over the years, the surrounding forest has been closely monitored and preserved, thus maintaining a very low density.
Contemporary buildings now comprise of select townhouses, condominiums, semi-detached houses and bungalows. The tenure within the area is freehold and boasts a subsale price of about RM3.5 million (about RM430 per square feet). A semi-detached home can be rented for up to RM14,500 while bungalows are as high as RM35,000. For its price, Federal Hill properties is still comparable to its more developed and modern neighbouring areas such as Bangsar, Damansara Heights and Sri Hartamas.
With no imminent development projects being planned in the near future, Federal Hill is set to maintain its status as a protected area and one of Kuala Lumpur’s green lungs. It is a choice respite from the towering skyscrapers of a modern city.
To explore more of Federal Hill, you can visit Malaysia Property Classifieds for in-depth information on real estate plus news and tips on finding your perfect property.
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