Kuala Lumpur • 2024-05-24
The real estate market in Bandar Sri Permaisuri features diverse property types, including apartments, condominiums, and townhouses, catering to various needs and preferences. The development is designed to support a population of approximately 70,000 people with a mix of residential, commercial, and recreational facilities.
History:
Benefits
Highways - Bandar Sri Permaisuri is strategically situated near major highways, including the East-West Link Expressway, Kuala Lumpur–Seremban Expressway, Maju Expressway, and Middle Ring Road II (MRRII). These highways facilitate smooth and efficient travel to key areas within Kuala Lumpur and beyond, significantly reducing travel time for residents. Public Transport - The area is well-served by public transportation, with the Salak Selatan LRT station providing direct access to the RapidKL network, ensuring seamless connectivity to Kuala Lumpur’s city center and other important destinations. The future Sri Permaisuri MRT station, part of the proposed MRT Circle Line, promises to further enhance accessibility, making it an ideal location for commuters.
2. Comprehensive Shopping and Dining:
Queensville Mall - A central hub for shopping, dining, and entertainment, Queensville Mall features over 300 retail outlets, including international and local brands, restaurants, cafes, and a supermarket. The mall’s extensive offerings cater to all shopping needs, from daily necessities to luxury goods. Local Markets and Shops - Beyond the mall, numerous local markets, shops, and eateries are scattered throughout the township, providing residents with a diverse range of culinary delights and shopping experiences. From traditional Malaysian food stalls to modern cafes, there is something to suit every taste and preference.
3. Recreational Facilities:
Permaisuri Lake Gardens - This expansive park is a key feature of the township, offering residents a green and serene environment for leisure activities. The park includes a large lake, jogging paths, cycling tracks, playgrounds, and picnic areas. It serves as a popular spot for families, fitness enthusiasts, and those seeking relaxation amidst nature.
Sports Complexes - Additional recreational facilities, such as sports complexes and community centers, provide spaces for various physical activities and sports, contributing to the residents’ overall well-being and fostering a healthy lifestyle.
4. Educational Institutions:
Schools - Bandar Sri Permaisuri is home to several reputable educational institutions, including Sekolah Menengah Sains Selangor, SM Teknik Kuala Lumpur, and numerous primary and secondary schools. These institutions offer a robust curriculum and are well-regarded for their academic excellence, making the area attractive to families prioritizing education. Higher Education - The presence of higher education institutions nearby, such as Universiti Kebangsaan Malaysia, provides opportunities for tertiary education and lifelong learning, ensuring that residents have access to quality education at all levels.
5. Healthcare Services:
Hospitals - The proximity to major hospitals, such as Pusat Perubatan Universiti Kebangsaan Malaysia and Rehabilitation Hospital, ensures that residents have quick and easy access to comprehensive medical care. These facilities are equipped with advanced medical technologies and staffed by skilled healthcare professionals, providing high-quality healthcare services. Clinics and Pharmacies - Numerous clinics and pharmacies within the township further enhance access to healthcare, ensuring that residents can easily obtain medical consultations, treatments, and medications.
6. Economic Opportunities:
Commercial Zones - The township’s well-planned commercial zones host a variety of businesses, including retail shops, restaurants, service providers, and corporate offices. This diversity creates numerous employment opportunities across different sectors, supporting the local economy and providing jobs for residents.
Proximity to City Center - Bandar Sri Permaisuri’s strategic location near KLCC, TRX, PNB118 & Bukit Bintang enhances its access to job opportunities, making the township attractive to young working professionals. Residents can easily commute to the city center for work, broadening their employment options and increasing their earning potential.
Traffic Congestion:
4. Safety and Crime:
5. High Cost of Living:
Transportation Infrastructure:
2. Highways - Major highways such as the East-West Link Expressway and Kuala Lumpur–Seremban Expressway offer excellent road connectivity, facilitating smooth logistics and commuting. These highways reduce travel time for residents and businesses, enhancing overall accessibility.
2. Economic Growth - The continuous development and influx of new businesses contribute to economic growth, providing job opportunities at various levels, from entry-level positions to professional roles. This economic vitality attracts a skilled workforce and supports local businesses.
2. Cost Management - The availability of affordable food options helps workers manage their living costs, making daily expenses more manageable and enhancing their overall quality of life.
3. Variety of Housing Options - Bandar Sri Permaisuri offers diverse housing options, including high-rise condominiums, affordable apartments, and landed properties. This range caters to different income levels and family sizes, providing suitable living arrangements for various demographics.
Diverse and Skilled - Bandar Sri Permaisuri boasts a diverse and educated population, providing a robust workforce for businesses. The presence of local educational institutions ensures a steady supply of young professionals with fresh ideas and skills.
2. Population Size:
Large Customer Base - The substantial population size of Bandar Sri Permaisuri offers a considerable customer base, especially beneficial for retail and service sectors. Businesses can tap into this large market, increasing their potential for growth and profitability.
3. Market Diversity:
The diverse demographic mix, including families, young professionals, and expatriates, allows businesses to target a wide range of market segments, tailoring their products and services to meet varied needs and preferences.
Accessibility - The well-developed transportation infrastructure, including major highways and public transport links, supports business operations by enhancing accessibility and connectivity. Efficient transport links are crucial for smooth logistics, supply chain management, and customer access.
Logistical Advantage - Businesses benefit from the logistical advantage provided by the township’s strategic location and excellent transport infrastructure. This enhances their ability to receive goods, deliver products, and serve customers efficiently, contributing to operational success.
Bandar Sri Permaisuri offers a diverse range of property types that cater to various needs and preferences, ensuring a well-rounded living and business environment. Below is an in-depth look at the different categories of properties available in the township, complete with examples of notable developments. Residential 1. Apartments - Bandar Sri Permaisuri are home to a large variety of apartments. The most affordable option here, it consist of some of KL's oldest properties. Apartments typically offer basic facilities such as parking, security, and communal areas. examples:
2. Condominiums - While Condominiums generally cater to higher-income residents, including professionals and expatriates, seeking a more luxurious lifestyle. Bandar Sri Permaisuri provides some of KL's more affordable options. A host of newly launched service apartments and condominiums have been taking up shape. 3. Landed Properties - These are Bandar Sri Permaisuri's oldest range of residential properties. Also the most expensive due to its sizes and the scacity of available land. They remain high in demand among local Malaysians
4. Commercial
The mix of lifestyle benefits and economic opportunities. Bandar Sri Permaisuri offers a compelling combination of urban convenience, comprehensive amenities, and a robust local economy, making it a desirable place to live and invest.
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