Based on 2012 units sold preceding 12 mths.
Compound annual growth rate in median price.
Mid Valley City is a strategic location which makes it one of the reason why it is a sought after residential estate. Developments took place in the late of 1980s and the site that was selected for development was formerly occupied by an abattoir. Mid Valley City was awarded MSC Malaysia Cyber Centre status since September 2008 since it is a central for economy located in Kuala Lumpur. Seputeh and Kerinchi are located in the south of Mid Valley City, two well known locations in Kuala Lumpur.
Mid Valley City is an area that can be accessed by road with ease. Located at the northern end of Jalan Klang Lama, Mid Valley City also has other roads and highways that passes through it and allows connections to cities and towns in its surrounding area. Jalan Syed Putra that is a part of Federal Highway 2 runs through the eastern and southern boundary of Mid Valley city. These roads give access to towns and cities such as Petaling Jaya, Puchong, Port Klang and Shah Alam.
Albeit being more of a commercial and retail hub, there are plenty of things one can enjoy while living in and around Mid Valley City area. The National Museum is a wonderful place to visit as one can learn of Malaysia’s history, economy, geography, arts, crafts and culture. One can also visit Chinatown that is located 10 minutes away from Mid Valley City. Chinatown is well-known for being the bargain hunter’s paradise where one can get all sorts of things from Chinese herbs and imitation goods. It is a nice place to walk through and just take in the life of those in Chinatown.
Mid Valley City is a place where all cuisines come to life. There are a variety of cuisines available for everyone to enjoy. Since there is a mix in the population, there are cuisines that range from Western to Asian to European. One can enjoy any kind of food in Mid Valley City. For those who prefer to prepare their own meals can obtain their groceries in the supermarkets that are available in Mid Valley City. AEON BiG Mid Valley, Jaya Grocer and Shojikiya @ Mid Valley Megamall are among the many supermarkets in the area that one can frequent to obtain their groceries from.
Mid Valley City is a must go for those who enjoy shopping. There are numerous shopping malls in Mid Valley City among which Mid Valley Megamalls is the most popular. Another mall that is in close proximity to Mid Valley Megamall is The Gardens Mall, a high end shopping mall. Shoppers can easily cross over to The Gardens Mall from Mid Valley Megamall.
To meet the demands of the ever-growing population of Mid Valley City, there are a variety of schools and higher learning institutions in Mid Valley City. Families can consider the school that fits their preference that they would like their children to attend. There are public and private schools that families can choose from. SK Bangsar, SK Bukit Pantai and SMK Tama Desa are some of the public schools available in Mid Valley City City. International schools such as Sri Dasmesh International School and Wesley Methodist School are among the few private schools located in Mid Valley City.
Mid Valley City is a neighbourhood that is made up mainly leasehold properties. The median price for the properties in Mid Valley City is priced at RM 548 k whereas the median price per square feet is priced at RM 980. There are a total of 384 project listings as of now in Mid Valley City. This showcases the variety of property type that home owners and investors can browse through to find the one they fancy such as Northpoint Residences and Apartment Abdullah Hukum.
Buying, selling, or investing property is a very big decision. Even moving to your desired location can sometimes be very emotional. Using data from more than 532 listings in Mid Valley City, PropertyGuru aim to help you make the right decisions on selecting property, by providing you helpful news and property statistics such as median and growth in the area, but also our opinion on local neighborhood area.Read More