Rediscover

Dengkil

The median sale at Dengkil, Selangor, Malaysia is RM 350,000

25%
RM 150,000
RM 96 (PSF)
MEDIAN
RM 350,000
RM 176 (PSF)
75%
RM 508,000
RM 322 (PSF)

We may be more familiar with Cyberjaya than its neighbour Dengkil, but the area could benefit from the growth of the southern Klang Valley corridor.

In early 2017, PR1MA Corp bought 19.03 acres of land in Dengkil from Gabungan AQRS Bhd. At the same time, Mitraland Group announced its partnership with Gema Padu Sdn Bhd to develop two sites of more than 40 acres in Dengkil. In 2016, LBS Bina Group Bhd announced the development of a 638.2-acre integrated township in Dengkil.

“Klang Valley’s development is moving towards the south — therefore, the Dengkil and Sepang areas could be the next growth corridors.

“Land prices are slowly rising with large tracts of agricultural land that has residential or industrial development potential moving above RM10 psf, while converted industrial land is between RM50 psf and RM60 psf. Converted residential land plots are about RM30 psf to RM40 psf. Commercial parcels are RM70 psf to RM100 psf,” Toh shares.

Commenting on the performance of existing properties there, he says it is growing steadily.

“Based on our research of the secondary property market there, the average transacted price of double-storey intermediate terraced houses in Bandar Nusa Putra, Dengkil has increased slightly by 7% to RM590,000 in 2017 from RM550,000 last year.

“Meanwhile, the average transacted price of single-storey terraced houses in Bandar Pinggiran Cyber has appreciated by 9% from RM330,000 in 2015 to RM360,000 the following year,” says Wong.

According to EdgeProp.my data, transaction prices of landed homes in Dengkil for the past five years have fluctuated widely. The average transaction price in 2013 was RM194,000 and once rose 4.4% to RM202,500 in 2016. However, it plunged 18.5% to RM165,000 a year later in 2017.

Catalyst

  • Neighbouring Cyberjaya is adjacent to Putrajaya, Malaysia’s seat of government and close to the Kuala Lumpur International Airport.

  • One of the main stations for the proposed MRT (Mass Rapid Transit) Sungai Buloh-Serdang-Putrajaya Line will be in Cyberjaya. Cyberjaya is about 10 km away from Dengkil.

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Taman Langat MurniFlat,Condominium/Apartment,Terrace HouseRM 184RM 198,363200 Transactions
Pangsapuri Langat UtamaTerrace House,Flat,Condominium/ApartmentRM 145RM 137,846139 Transactions
Desa SentosaDetached House,Flat,Terrace House,Condominium/Apartment,Semi-Detached HouseRM 164RM 187,85274 Transactions
Taman TopazFlat,Condominium/ApartmentRM 198RM 164,92073 Transactions
Taman Merbah, Olak LempitTerrace House,Semi-Detached HouseRM 178RM 344,76961 Transactions
Taman Dengkil JayaTerrace House,Low-Cost HouseRM 167RM 196,61834 Transactions
Putra IntanCondominium/Apartment,FlatRM 257RM 236,96831 Transactions
Sekata VillaTerrace HouseRM 441RM 693,92224 Transactions
Taman Baiduri, DengkilTerrace House,Flat,Low-Cost HouseRM 246RM 315,00024 Transactions
Taman jenderam DamaiSemi-Detached House,Terrace HouseRM 224RM 738,83822 Transactions
;

Rent and Sale Prices in Dengkil

BedroomsSale PriceMonthly RentRental Yield
1RM --RM ----
2RM 270,201RM ----
3RM 242,923RM 9634.76%
4RM --RM ----
5RM --RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 179RM 274
State AverageRM 272RM 297