Formerly a palm estate of Federal Land Development Authority (FELDA), Puncak Alam, a major township in Kuala Selangor, was initially developed way by in the 90s. Bukit Cheraka Development is the private company managing the integrated township which encompass an incredibly 14,000-acre area. On May 15, 2001, the company was superseded and became Puncak Alam Housing Snd Bhd which serves as the principal developer for the township. Subsequent developments, however, has opended joint ventures with third party developers hence the existence of sub-townships – Alam Perdana, Shah Alam 2, Ambang Suria and Alam Jaya.
The emergence of the sub-townships eventually reduced the size allocated for Puncak Alam and it has been subdivided into two portions. The eastern area spans 4,922 hectares while the western portions covers 2,039 hectares.
A Future Self-Contained Enclave
Though Puncak Alam is not the largest and biggest township in the area, its strategic location has attracted quite a number of developments. Some of the country’s top developers have set-up bases within the site, the most notable on the list are:
- Shah Alam 2 Sdn Bhd – has existing and upcoming launches in Shah Alam 2
- Worldwide Holdings Bhd – know for its residential and commercial developments most notably the 124-acre project in Puncak Bestari
- Glomac Enterprise Sdn Bhd – has a 1,000-acre Bandar Saujana Utama project
- Metro K.L. City Sdn Bhd – manages a 45.8-acre integrated self-contained development known as Pelang Seri Alam
- Perfect Eagle Development Sdn Bhd – has a 28-acre Aquile residential development
With Puncak Alam labeled as “tepubina” zone by Majlis Daerah Kuala Selangor (MDKS), it only sets up the suburb as a promising zone prime for more developments. In fact, multiple sources have already confirmed that there are several proposed projects for the township. It’s also been revealed that MDKS has visions of incorporating water theme parks within the vicinity in addition to the anticipated Light Rail Transit infrastructure plans.
The list of existing and upcoming developments for Puncak Alam are definitely attracting investors here and there. If you’re keen on putting your money on this township, make sure you know what today’s fair market price is. To help you get started, here’s a free copy of our price valuation guide.
Complete with Amenities and Facilities
Puncak Alam in Kuala Selangor is already well connected to neighbouring towns and the city centre via major roads and public transport (buses and taxis), but the upcoming LRT facility will further improve convenient access. If it pushes through, the LRT project will link the township to Shah Alam and Bestari Jaya which means residents can get to those place in less time. As of now, it takes about 25 minutes by car to access Shah Alam and Sg Buloh while Klang can be reached in 15 minutes.
Easy access to a slew of public amenities is another attraction that makes Puncak Alam a developed zone. Within close proximity to the site are shopping malls, hypermarkets, clinics, retail shops, banks, food stalls, medical centres and a range of restaurants. Petrol stations such as the Petronas are easy to get to as well as the Econsave and the Alam Jaya Commercial Centre.
In addition to exellent facilities and a host of amenities, Puncak Alam together with Batu Arang and Batang Berjuntai is also dubbed as the part of the “Education Town” in Selangor. Numerous education institutions are housed nearby. Some of the most reputable are Universiti Teknologi Mara (UiTM), Universiti Industri Selangor and Malaysia-Japan Technical University to name few.
Property Choices to Invest In
In terms of property investments, Puncak Alam has a rich selection of affordable residential units to date. Choices vary in terms of layout designs and build-up. Thus far, the available ones include:
- apartment units
- bungalow lots
- superlink terraces
- 2-storey semi-d clusters
Shop offices re also offered for those looking for a commercial spot to set-up business. Built-up sizes for apartments may come in 680, 720 or 7060 sq.ft. ares while the 2-storey terrace ranges from 1,400 to 1,500 sq.ft. Rentals and subsales are available since Puncak Alam is a leasehold development.
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Understanding Price Valuation
Prices for rentals is at RM500 per month for apartment units and RM900 for 2-storey terraces. For the subsale prices, apartments has the lowest which is set at RM100,000 while 2-storey semi-d cluster has the highest price tag at RM260,000. On average, sale price at Puncak Alam is 210 psf for October 2013 which shows a +12.96 or (+6.6%) increase from September 2013 at 197 psf.
If the price increase is any indication, it looks like that investing in the township is worth considering. To help you get started, we invite you to download our free valuation guide to check Puncak Alam’s fair market value. Enter your name and email to get it now.