House prices in the Klang Valley are expected to increase by 3% to 4% this year, especially in elite areas such as Desa ParkCity, Bangsar, and Mont Kiara.
Property influencer and YouTuber Sean Tan said the price increase was driven by high demand and a shortage of residential units in the location.
Speaking on Bernama TV’s The Nation program, he said that with gated access and tight security, it is no wonder that this location is a hot spot for buyers looking for safer and more exclusive homes.
However, he warned that prices of landed houses in older areas such as SS2 and Kepong may be nearing their ceiling due to affordability constraints and competition from new projects.
Sean advised that first-time buyers should look for a home that fits their budget, while investors should focus on areas with limited supply and high rental potential.
With economic and infrastructure changes, 2025 may be a turning point for those looking to invest in the increasingly competitive real estate sector.
