This article provides a detailed exploration of the Maluri area in Kuala Lumpur, Malaysia, focusing on its attractions, conveniences, and real estate opportunities. We delve into the area's appeal to both locals and foreigners, highlighting its affordability, accessibility, and overall quality of life.
Introduction to Maluri
Maluri is presented as an attractive area in Kuala Lumpur, offering a blend of convenience, affordability, and a thriving local community. The area boasts excellent amenities, including parks, shopping malls, and convenient transportation links, making it a desirable location for residents. This guide explores the various aspects that make Maluri a compelling choice for potential homebuyers and investors.
Pudu Ulu Park: A Key Attraction
The Benefits of Green Space
One of the major draws of Maluri is the large Pudu Ulu Park. It offers residents a convenient and refreshing green space right at their doorstep. The park is a significant feature. It provides residents with recreational opportunities and a sense of community. The land belongs to the city council, ensuring it will remain a park and not be redeveloped into apartments.
Location and Features
The park's proximity to residential buildings is highly valued. It is a defining characteristic of the area. Its large size allows for various activities, including cycling events. It's a perfect location for morning or afternoon strolls.
Convenience and Accessibility
Comprehensive Amenities
Maluri stands out for its complete range of amenities. These include everything from dining and shopping to hospitals and schools. The location also boasts convenient access to the city center.
Connectivity
The area is well-connected via roads and public transportation. The Cheras highway provides easy access to the city center. A light rail transit (LRT) and mass rapid transit (MRT) interchange station are both within the Maluri area. These MRT lines connect residents to major shopping centers and business districts throughout Kuala Lumpur.
Real Estate Opportunities
Affordability for Foreigners
Maluri presents attractive real estate options for foreigners. It offers properties that meet the minimum price requirements for foreign ownership. This is often around RM 800,000 to RM 900,000, even for high-end units. This makes the area more accessible compared to areas with higher minimum price thresholds.
Featured Properties
Several properties are highlighted, each with its unique characteristics:
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Parktree: Known for owner-occupied residents, a large pool, and a lush environment. This makes it a desirable residence although maybe not the highest rental returns.
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LaVille: A freehold property, offering a sense of security and long-term investment potential.
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UNA @ Sunway Velocity: Offers a unique opportunity to acquire a property already set up for Airbnb operations. Units are fully furnished and ready to rent, including five three-bedroom units and eighteen two-bedroom units.
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Sunway Velocity Two (A, B, C, D): Praised for its prime location within the Sunway Velocity integrated development.
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Sunway Velocity Three: Is situated to the MRT, offering convenience without the immediate bustle of the mall. A key selling point is its accessibility to transportation and a nearby school. Three-bedroom units are available at a competitive price of RM 815,000, with a promotion of one year of free maintenance fees.
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VR3: Is designed in an older style, this freehold property offers the opportunity to invest in the district.
Sunway Velocity: A Hub of Activity
Sunway Velocity is repeatedly mentioned as a major attraction within Maluri, offering a comprehensive lifestyle destination with shopping malls, residences, and healthcare facilities.
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Retail and Dining: It offers a vast array of retail outlets and dining options. It makes it a popular destination for both residents and visitors.
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Sunway Velocity Hotel: Catering to tourists and business travelers.
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Sunway Medical Centre: Providing quality healthcare services within the community.
Investment Considerations
Several factors make Maluri an attractive investment destination:
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Proximity to TRX: Its close proximity to the Tun Razak Exchange (TRX), Kuala Lumpur's financial hub, creates high demand for rental properties. The area benefits from the influx of professionals working in TRX.
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Accessibility to Public Transportation: Offers convenient access to employment and leisure destinations.
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Competitive Pricing: A relatively more affordable option.
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High Rental Yields: Often resulting from strong demand and convenient location.
Local Amenities and Lifestyle
Dining Options
The area offers a diverse range of dining options. These include local hawker stalls to international restaurants, catering to a variety of tastes. Semling Star area has an abundance of choices for food at very affordable prices.
MyTown Shopping Centre
Another shopping destination in the area, offering a mix of retail and dining options. The mall is linked to Cochrane MRT station.
NSK Trade City
This is a wholesale market. It offers incredibly affordable groceries and produce.
Conclusion
Maluri offers a unique blend of urban convenience, green spaces, and affordable living. This is why it is so popular with local residents. With its strategic location, excellent connectivity, and diverse range of amenities, Maluri presents a compelling option for potential homebuyers and investors looking for a vibrant and accessible community in Kuala Lumpur.
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