Transformation ahead

Transformation ahead

KUALA LUMPUR (April 10): The northern part of Kepong, which is bounded by the Middle Ring Road 2, Duta-Ulu Kelang Expressway (DUKE), Selayang-Kepong Highway and Jalan Kuching, and its border with Segambut, will see massive changes over the next decade with the development of new projects by the likes of UEM Sunrise Bhd and Mah Sing Group Bhd. Some are large-scale master-planned products that will change the skyline and enhance the cityscape of the area.

According to property experts, newer developments in the vicinity of Kepong Metropolitan Park such as UEM Sunrise's Kiara Bay will continue to improve the landscape and image of the Kepong area over the next decade. Prior to this, projects in the township were generally sporadic and haphazardly developed as smallish, standalone schemes.

The upcoming Putrajaya Line (MRT2) will be a big game changer as it is expected to enhance accessibility in the area. It will have five stations — Metro Prima, Kepong Baru, Sri Damansara Timur (formerly Kepong Sentral), Jinjang and Sri Delima — located along the main thoroughfare of Jalan Kepong, which connects the Jalan Kuching and Jalan Ipoh roundabout in the east to the Selayang-Kepong Highway in the west. These stations are due to be operational in the second quarter of this year.

This, coupled with the completion of DUKE 2, which will reduce travelling time to the city centre, and changes in the development landscape owing to the sizeable projects, will make Kepong more vibrant and improve demand for new real estate once the pandemic is over.

Read more about it in the latest issue of City & Country, which comes out with The Edge Malaysia weekly's April 11 edition.

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http://www.theedgemarkets.com/article/transformation-ahead