KUALA LUMPUR (Feb 13): The approximately 400-acre village, split into two by the Sprint Expressway, is seeing a number of new developments as well as the ongoing construction of the LRT3 or LRT Shah Alam Line, which will serve the location when it is completed next year.

PPC International Sdn Bhd managing director Datuk Siders Sittampalam said that the Sprint Expressway, which was completed in 2014, has contributed to the development of Kayu Ara. “It can be said that the area benefited from the spillover demand from adjacent suburbs.”

The area, surrounded by well-developed townships including Bandar Utama, Damansara Utama and Damansara Jaya, appeals to owner-occupiers due to its location, relatively lower prices compared with its established neighbours and the surrounding amenities, says Metro Homes Realty Bhd executive director See Kok Loong.

“Kayu Ara’s mid- to long-term outlook is good due to its strategic location as well as the [upcoming] Kayu Ara LRT station. Meanwhile, the area will continue to be developed, with more projects coming in and changing its landscape,” he added.

Hartamas Real Estate Sdn Bhd chief operating officer Desmond Tho said that the new LRT3, new developments, future redevelopment, good access, surrounding amenities as well as lower price points may enhance the appeal to both homeowners and property investors. “Because of this, there is potential rental and sale demand from students of nearby institutions and the general working population in the vicinity.”

Read more about it in The Edge Malaysia weekly’s February 14 edition.

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