Within the established neighbourhood of Selayang is a leasehold apartment development known as Greenhills or otherwise Greenhills Apartment. Nestled along Jalan Bukit Idaman, the residential project neighbours similar developments in the area including Apartment Dahlia A, Bangau Apartment and Prima Selayang Apartment. Coveted for its prime location, not only does the apartment benefit from the mature and bustling Selayang area, but it also has for backdrop the lush and scenic Forest Reserve of Malaysia.
Affordable & Modest Choices
Low-rise with only 5 storeys, Greenhills offers modest apartment units with a built-up starting from 900 sq.ft. onwards. Each unit comes with 3 bedrooms and 2 bathrooms, a suitably sized investments for singles and couples. Even small families will fit in comfortably with its cozy bedrooms accommodating every member of the household.
For its cozy size, Greenhills units are priced reasonably with a subsale from RM200,000 to RM210,000. To check if the range is within the fair market value of the development, feel free to use our price valuation guide which you can also download for free right here.
Zeroing in on Security
Designed for the middle class demographic, Greenhills is attractively priced. But it also follows that you can’t expect much when it comes to facilities. For this particular development, there are only a handful of features which take care of security and parking. These facilities include:
> 24-hour security
> gated facility
> car parking bay
The development’s lack of facilities may leave some investors thinking twice. However, if you’re only after a comfortable place to stay in Selayang, Greenhills is a good option worth looking at. Modern comfort and conveniences are instead compensated for by the wealth of amenities within the fast growing and rapidly expanding township.
A Wealth of Amenities in the Area
Within the area, for instance, are top shopping destinations including Selayang Mall, Tesco, Giant, Selayang Capital and Carrefour. All of these are a short drive away which means retail therapy need not be a problem. In terms of education, residents have access to numerous choices. Some of the most notable options close by include primary, secondary and tertiary schools such as SK Selayang Utama, SRK Selayang Jaya and UiTM Medical Campus.
In cases of medical emergencies or any health-related needs, residents can easily head over to Selayang Hospital and township clinics. Also within reach are a host of dining options, banks, retail shops and many more. In other words, Selayang is littered with aplenty of amenities hence absolute convenience within reach.
Connected to Key Destinations
Connectivity is another aspect of Greenhills that has lured potential investors. The development is well served by a number of highways including MRR2, LDP, DUKE and Selayang-Kepong Highway. There is also the proposed KL Outer Ring Road which is poised to bring the area’s connectivity to another level. Via these routes, key destinations such as KLCC and other business centres are immensely easy to get to.
What We Think
For its location alone, Greenhills in Selayang is a decent investment. The area, after all, has a wealth of amenities to cater to residents’ every need. As a leasehold development, however, Greenhills may not be as attractive as it seems. In fact, there are condominiums within the same area that costs less on freehold tenure. Good news for the development though because location is often always paramount when perusing investment options. That means Greenhills is strategically located to attract the right market, that is middle earning working class who prefer convenience and a place close to work.
In the end, despite its lack of facilities, Greenhills a potential decent prospect for its target market. And if you wish to know more about the development as a fair and reasonable investment, we invite you to download our free ebook guide on valuation below.