Old Klang Road: Property Market Trends and Insights

Old Klang Road, also known as Jalan Klang Lama, is a bustling and mature stretch in Kuala Lumpur that blends old-world charm and modern conveniences. Whether you’re a foodie, a family looking for a good neighbourhood, or a property investor seeking potential, Old Klang Road has something for everyone.

In this article:

• Where is Old Klang Road?
• Food Haven and Modern Conveniences
• Top 10 Transacted Properties in Old Klang Road
• Top 10 Most Searched Properties for Sale in Old Klang Road
• Top 10 Most Searched Properties for Rent in Old Klang Road
• What do The Top 10 Properties in Old Klang Road Have in Common?

Old Klang Road is home to a mix of old shops, new commercial buildings, and new high-rise residences. This major artery was the only trunk road linking Kuala Lumpur and Port Klang before the Federal Highway was completed in 1965.

When Mid Valley City opened in 1999, developers foresaw demand for developments there due to the area’s mature location and accessibility to Mid Valley City from Jalan Puchong via Old Klang Road. That led to many mixed-use and residential developments along that stretch.

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Where is Old Klang Road?

Old Klang Road is strategically located between Kuala Lumpur and Petaling Jaya, with easy access to Mid Valley City, Bandar Sunway, Puchong, and Sri Petaling. One end of Old Klang Road links to the New Pantai Expressway (NPE) and Petaling Jaya, while the other leads to Jalan Syed Putra.

Here’s a quick look at the extensive connectivity that Old Klang Road offers:

• Federal Highway (west of Old Klang Road): To Petaling Jaya, Bangsar, Shah Alam, Klang, and Port Klang.
• New Pantai Express (NPE): To Sunway, Petaling Jaya, Bangsar
• Jalan Syed Putra (to the north): Connects to Brickfields, KL Sentral, the Kuala Lumpur city centre.
• East-West Link Expressway (in the west): To Cheras, Kajang, Kuala Lumpur International Airport (KLIA) and further to Seremban, Melaka and Johor Bahru
• KESAS Highway: To Puchong, Bukit Jalil, Klang
• SPRINT Expressway: To Damansara, Mont Kiara
• Via Jalan Templer and PJ Old Town (northeast): Goes to Kampung Pasir and the Petaling KTM station and connects to Petaling Jaya

Additionally, Old Klang Road is connected to Jalan Kuchai Lama and Taman OUG, and those travelling towards the end of Old Klang Road can get to Bandar Sunway, Puchong, Putrajaya and Cyberjaya. Its direct link to neighbourhoods such as Kuchai Lama and Taman Desa also offers alternative routes in and out of the area.

Now, let’s shift to public transport. There are three KTM stations along Old Klang Road. The nearest is the Pantai Dalam KTM station, located close to Scott Garden. The other KTM stations are the Petaling KTM Station at Kampung Pasir and the Jalan Templer KTM Station at Petaling Jaya. As for the LRT, there are the Muhibbah, Awan Besar, Alam Sutera, and Jalan Templer LRT stations.

Connectivity is further enhanced as the MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line) has stations at Kuchai Lama and Taman Naga Emas. It opened in March 2023, further elevating the area’s appeal to potential buyers and investors.

Food Haven and Modern Conveniences in Old Klang Road

Old Klang Road has a good mix of commercial and residential catchment areas. There are plenty of schools, banks, and other amenities to cater to various needs and budgets.

One of the reasons Old Klang Road has stayed busy through the years is the array of good food there. From Western to Japanese, mamak to Chinese, there’s something to appease the regular foodie. Additionally, decades-old eateries and hawker stalls sprawl across Kuchai Lama. It is particularly famous for cuisines such as Szechuan hotpots.

There are several malls to choose from for shopping, including The Scott Garden, Pearl Point Shopping Mall, and Aeon BiG. Of course, the most notable is the Mid Valley Megamall, about 3km away.

Then, there’s a well-known wet market and NSK Trade City Kuchai Lama, where locals can get fresh meats, fruits, and vegetables at affordable prices. Circling back to Scott Garden, it’s also where crowds go for nightlife.

There are also many primary, secondary and tertiary education institutions, including Vikas International School, Megatech International College, Campus Rangers International School, Kolej Alamanda (UiTM), SJK (C) Choong Wen, SMK Sri Sentosa, SRJK (C) Yoke Nam, SMK Katholik, SMK Assunta, and SJK (T) Saraswathy.

Other amenities include The Pearl Kuala Lumpur, a 4-star hotel, and the nearest hospital to Old Klang Road, KMI Taman Desa Medical Centre. Collectively, all these are pull factors for both property investors and homebuyers.

Although Old Klang Road’s development has lagged behind Bangsar, TTDI, Mont Kiara and Petaling Jaya, it remains one of the more highly populated and popular areas in the Klang Valley due to its strategic location. It is also near two important economic hot spots – Mid Valley City and transit-oriented KL Sentral.

With that, let’s look at Old Klang Road’s transaction trend and which properties our readers search for most.

Top 10 Transacted Properties in Old Klang Road 

There are 590 transactions recorded from December 2022 to November 2023, arranged in descending order based on the number of transactions.

	Property	Tenure	Type	Median price	Median price per sq ft
1	OUG Parklane	Freehold	Service Residence	RM500,000 ↑ 19.05% YoY	RM526 ↑ 25% YoY
2	The Scott Garden SOHO	Freehold	Service Residence	RM650,000 Unchanged YoY	RM851 Unchanged YoY
3	Happy Garden	Freehold / Leasehold	Terrace House	RM715,000 ↑ 8.33% YoY	RM430 ↑ 9% YoY
4	Overseas Union Garden	Freehold	Bungalow, Terrace House	RM885,000 ↑ 0.28% YoY	RM516 ↑ 2.03% YoY
5	Verve Suites KL South	Freehold	Service Residence	RM745,800 ↑ 33.18% YoY	RM1,288 ↑ 26.31% YoY
6	Taman Sri Sentosa	Leasehold	Flat	RM178,000   ↑ 8.95% YoY	RM254   ↓ 0.2% YoY
7	Le Yuan Residence	Freehold	Condo	RM 847,500   ↑ 7.79% YoY	RM551   ↑ 5.99% YoY
8	Seringin Residences	Freehold	Condo	RM1,183,500 ↑ 3.54% YoY	RM619   ↑ 0.92% YoY
9	The Pearl (Pearl Point)	Freehold	Condo	RM420,000   ↑ 6.49% YoY	RM365   ↑ 3.85% YoY
10	Avenue Court	Leasehold	Apartment	RM296,000   ↓ 1.33% YoY	RM320   ↓ 1.33% YoY

From landed to non-landed, affordable to luxury developments, most of the top 10 transacted properties saw an uptrend in prices YoY. This generally indicates that prices of properties in Old Klang Road have been on the rise.

Top 10 Most Searched Properties for Sale in Old Klang Road

The total views in the tables below are from iProperty.com.my from December 2023 to February 2024. They are arranged in descending order based on the number of views.

Property	Type	Details	Price range for sale	Price range for sale per sq ft
Tria Residences	Freehold Condo by MRCB	3 towers 764 sq ft – 4,489 sq ft GBI certified 734 units >50 facilities Dedicated link bridge to NPE 500m to Mid Valley City 1.8km to Bandar Malaysia 2km to KL Sentral 3km to PJ new town & Bangsar 10-min walk to Vivo Mall Completed: 2023	RM550,800 – RM1.72mil	RM556.35 – RM825.56
OUG Parklane	Freehold service residence by Akisama	11 blocks 950 sq ft 4,225 units Mixed-use development Completed: 2015	RM297,000 – RM450,000	RM312.63 – RM473.68
Millerz Square	Freehold service residence by Exsim Group	4 blocks 660 sq ft – 907 sq ft 1,633 units Mixed-use development >40 facilities 450m to SJKC Choong Wen 800m from Pearl Point Shopping Mall 1.2km to Taman Desa Medical Centre 1.6km to Pantai Dalam KTM 1.8km to Campus Rangers International School 4.7km to Mid Valley Megamall 5km to Pavilion 2 Bukit Jalil Completed: 2019	RM612,250 – RM850,000	RM640.91 – RM1,047.49
Gembira Residen	Freehold condo by Chin Hin Group	3 blocks Kuchai neighbourhood1, 168 sq ft – 3,068 sq ft 467 units Completed: 2013	RM637,910 – RM1.5 mil	RM506.97 – RM642.01
Le Yuan Residence	Freehold condo by UOA Group	2 blocks 1,164 sq ft – 1,782 sq ft 670 units Located between Kuchai Lama and Sri Petaling Close to SRJKC La Salle and Happy Garden Completed: 2014	RM728,000 – RM1.05 mil	RM496.49 – RM611.07
Vivo Residential Suite @ 9 Seputeh	Leasehold condo by MRCB	775 sq ft – 2,593 sq ft 412 units Dedicated link bridge to NPE 5km to Bangsar 3 mins to Mid Valley Megamall 10 mins to PJ and Bukit Bintang Completed: 2018	RM351,000 – RM1.11 mil	RM475.55 – RM848.94
Seringin Residences	Freehold condo by See Hoy Chan Group	2 blocks 1,707 sq ft – 2,638 sq ft 542 units 1.2 acres recreational centre About 4 mins to Kuchai Entrepreneurs Park or Kuchai Business Park Completed: 2015	RM919,750 – RM4.89 mil	RM582.16 – RM978
The Scott Garden SOHO	Freehold service residence by Aston Villa	3 blocks 775 sq ft – 1,905 sq ft 1,080 units The Scott Garden is a mixed development with condo, shop-lot, hypermarket and retail units. Completed: 2011	RM316,000 – RM771,000	RM393.70 – RM597.42
Skyville 8 @ Benteng	Freehold service residence by Toong Fong Group	1 block 653 sq ft – 1,108 sq ft 274 units Next to Taman OUG and Taman Desa 800m from Petaling KTM 10 mins to Mid Valley Megamall Completed: 2017	RM368,000 – RM664,000	RM356.24 – RM650
The Nest @ Jalan Klang Lama	Freehold service residence by Nagano Development	2 towers 755 sq ft – 2,369 sq ft 618 units 5 mins from LDP 15 mins to Mid Valley Megamall Completed: 2019	RM333,000 – RM680,000	RM368.36 – RM663.34

Note: Figures are based on sale listings on iProperty.com.my. Thus, they’re an estimate as the final purchase price could vary upon negotiations.

Top 10 Most Searched Properties for Rent in Old Klang Road

Property	Type	Gross rental yield	Price range for rent	Price range for rent per sq ft
Millerz Square	Freehold service residence by Exsim Group	871 sq ft (3 BR) Purchase: RM700,000 Rent: RM2,900/mth Rental yield: 4.97%	RM1,600 – RM3,300	RM2.87 – RM5.05
Tria Residences @ 9 Seputeh	Freehold Condo by MRCB	764 sq ft (2 BR) Purchase: RM600,000 Rent: RM2,500/mth Rental yield: 5%	RM2,400 – RM8,600	RM2.98 – RM4.13
Vivo Residential Suites	Leasehold condo by MRCB	803 sq ft (2 BR) Purchase: RM500,000 Rent: RM2,200/mth Rental yield: 5.28%	RM1,500 – RM3,300	RM2.18 – RM3.72
The Scott Garden SOHO	Freehold service residence by Aston Villa	775 sq ft (1 BR) Purchase: RM415,000 Rent: RM1,450/mth Rental yield: 4.19%	RM1,300 – RM2,300	RM1.32 – RM2.19
Platinum Arena	Leasehold condo by Platinum Victory Development	908 sq ft (3 BR) Purchase: RM540,000 Rent: RM2,200/mth Rental yield: 4.89%	RM800 – RM3,089	RM2.02 – RM6.55
Platinum OUG Residence	Leasehold condo by Platinum Victory Development	850 sq ft (3 BR) Purchase: RM300,000 Rent: RM1,450/mth Rental yield: 5.8%	RM730 – RM2,500	RM1.17 – RM5.50
OUG Parklane	Freehold service residence by Akisama	950 sq ft (3 BR) Purchase: RM370,000 Rent: RM1,500/mth Rental yield: 4.86%	RM700 – RM1,800	RM1.16 – RM2.42
Southbank Residence	Freehold service residence by UOA Group	953 sq ft (3 BR) Purchase: RM590,000 Rent: RM2,000/mth Rental yield: 4.07%	RM1,798 – RM2,900	RM2.10 – RM3.07
Petalz Residences	Freehold condo by Exsim Group	935 sq ft (3 BR) Purchase: RM590,000 Rent: RM2,000/mth Rental yield: 4.07%	RM1,680 – RM2,980	RM1.91 – RM3.10
CitiZen 2	Freehold condo by Binastra Land	883 sq ft (3 BR) Purchase: RM570,000 Rent: RM2,400/mth Rental yield: 5.05%	RM1,725 – RM2,500	RM2.04 – RM3.02

Note: Figures are based on rent listings on iProperty.com.my. Thus, they’re an estimate as the monthly rental could vary upon negotiations.

What do The Top 10 Properties in Old Klang Road Have in Common?

Accessibility and amenities aside, which Old Klang Road has in spades, let’s assess other possibilities that these projects are most viewed.

High-rise residential

All of the most viewed properties are high-rise residential buildings. Most were completed before 2020. The more recently completed properties are Platinum Arena (2022), Platinum OUG Residence (2022), and Tria Residence (2023). So, property seekers are mainly looking at recently completed properties and those that are less than 10 years old. 

This popularity of such residences could be due to the many high-rise projects launched in the last few years. Plus, only pockets of land remain undeveloped.

High-rise residential projects could also attract the younger market, which appreciates ready facilities and conveniences that landed properties typically do not offer. These high-rise projects could also appeal to investors who are banking on their strategic location and young families who prefer to live close to their parents in the area.

Gross rental yield

Projects in mature, good locations will always attract buyers. There will always be those who prefer a particular area but can’t afford it yet. In the meantime, they choose to rent. Old Klang Road is one such location. In the long run, properties with good management will remain popular.

The gross rental yield for the most viewed properties ranges between 4.7% and 5.8%. This is somewhat close to Malaysia’s average gross rental yield, which is 5.16% as of Q1 2024.

Proximity to Mid Valley City / Mid Valley Megamall

Based on Google Maps during mid-day, these are the drive duration to Mid Valley Megamall.

• 5 mins: Tria Residences
• 6 mins: Southbank Residence, Vivo Residential Suites
• 9 mins: The Scott Garden SOHO
• 11 mins: Platinum Arena, Millerz Square, Skyville 8 @ Benteng
• 12 mins: Petalz Residences
• 15 mins: Seringin Residences
• 16 mins:The Nest @ Jalan Klang Lama, CitiZen 2,  Le Yuan Residence,Gembira Residen
• 17 mins:OUG Parklane, Platinum OUG Residence

Many of the properties are within a 15-minute drive. So, a good and well-established integrated development with a lot to offer, such as the Mid Valley Megamall, is always a draw to property buyers and investors.

What is The Potential for Future Development in Old Klang Road?

Old Klang Road is still home to a number of old buildings. So, old commercial and industrial sites could be redeveloped into modern urban spaces. Additionally, the areas in the vicinity of Old Klang Road possess all the attributes of a popular location. All these bode well for the area, especially if it’s supported by a growing occupancy rate and positive economic developments.

While challenges such as traffic congestion and limited green spaces persist, Old Klang Road’s appeal continues to strengthen, making it a sought-after destination in the property market. This is evident in the transacted prices of properties for sale and rent in the table above, of which the majority of the transacted properties in Old Klang Road saw an uptrend YoY.