Banting

Banting

With a mixture of residential, commercial and industrial, developments, Banting is equipped with basic amenities such as a hospital, shopping malls (Tesco, Giant, Econsave etc.), police station, greeneries, schools, and colleges. Nearer to the coast, surrounded by oil palm estates, Banting is developed with a majority of the conventional and modern type of landed dwellings. Pantai Morib plays an important role as an attraction point i.e. those travelling from the North will possibly pass by the township. Located about 30km away from the South-East is the KLIA (Kuala Lumpur International Airport) and KLIA 2 whilst Jenjarum, Telok Panglima Garang and Pulau Carey are located 30km to the North and North-East of the township.

Banting is connected via Lebuhraya Lembah Klang Selatan or Jalan Putrajaya-Dengkil from the North, and Tanjong Sepat from the South. Travelling between districts is rather convenient due to the lesser amount of vehicles on the road and with the convenience of the major roads available. However, no comprehensive train services are available within the township at the moment as travelling by train requires the commuters to commence their journey from the nearest rail station available i.e within Klang, Putrajaya, Bandar Baru Salak Tinggi, or KLIA. Even though it is a rather small township with a relatively smaller population, traffic congestion has started to take place with the growth of population and amount of vehicles owned.

The selected recorded property transaction within Banting are analysed as follows:-

Source: Oregeon Property Consultancy Research Team

The majority of the dwellings within Banting are landed properties. From the table above, it can be seen that the price level of landed properties within Banting is at an affordable level where most of the transacted prices of terraced houses were below RM400,000 for a size of 1,100 sq ft to 1,650 sq ft. This could be one of the reasons why people live in the township and travel to places like Klang, Putrajaya, Cyberjaya, Dengkil, and Sepang for work. Transaction activity has been consistent throughout the past several years; nevertheless, a decrease of approximately 59% is recorded from 2014 to 2015 and only 79 transactions were recorded from the selected schemes. Transaction prices were generally in an increasing trend with some inconsistency as landed properties have a wider range of price due to the flexibility of renovation.

Some of the noted recent, on-going and future developments in Banting are as follows:-

Source: Oregeon  Property Consultancy Research Team

From the table, it is notable that the development trend in Banting is still tilted towards landed properties, i.e terraced houses, semi-detached houses and bungalows. Different from other schemes within Klang Valley, Banting has not much issue on limited land supply, thus, no urge on high-rise properties and most of the new projects are of smaller scale. Besides the listed projects, there are also several projects in the process of application and those with not much information available, such as landed developments by Ace Dynamite Sdn Bhd, Noveltage Development Sdn Bhd, Home Star Harmony Sdn Bhd, Zenith Aim Sdn Bhd, TS Development Sdn Bhd and Prosperous Development Sdn Bhd which are all involved in the development of terraced houses, semi-detached houses or bungalows. It is also notable that some of the projects appear to be on hold for various reasons.

Spillover effects always do contribute to the increase of population and vibrancy of the suburb area, as low entry cost to own a home or a property is one of the major concern among the purchasers. Looking into areas further away from the city with the acceptable level of convenience and amenities, this has eventually caused Banting to be shortlisted by home buyers and investors. Living in the city comes with a waste of hours trapped in traffic and high costs for accommodation and this has become a burden especially to the younger generation. Come to think about it, travelling further with less traffic jam versus travelling short with hours of jam everyday will be right for us to say that suburb with a peaceful living environment and low entry prices will possibly bring another ‘hoo-ha’ within a decade or two.

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