When you mentioned Menggatal to many people the first thing that come to mine probably is Ngau Chap or Beef Noodles. But in the emergence of KK North as an investment destination shouldn’t have caught many by surprise as land in prime KK location became “sibei” expensive and hard to find developers have no choice but to expand to these areas.

Take a drive down the area today, Telipok, Menggatal, KKIP, and Tuaran has transform itself in relatively short 5 years. More recent developments include Grand Merdeka Shopping Mall, with anchor tenants like Upperstar and Tong’s, Wah Mei Group building 254 units of Terrace House, with phase 3 still on the way. While University Utama Condo is already on Phase 6 with more on the way.

New developments like EResidence 5 story Apartments with lifts by the EH Group on 40acres of land at Tuaran area, and another New 28 stories condo project in Telipok area with a starting price of RM295,000 is going on sale now. Kinsabina Group is also building 1200 units of apartments in Tuaran area.

All these developments points to one thing that this area is going to boom is a few years time. Look at how bad the jam is towards the Sepanggar and Telipok areas! Developers would  certainly have done their homework (most of them anyway) and calculation before they go and buy land in these areas, as the population of Greater KK is increasing along with the migration of the rural to urban areas.

For more evidence of far is not considered far anymore, EcoWorld Project Karisma apartmants in Semenyih, some 40km from KL City, once considered siber far, had 85% sold during first day of launching! I foresee the same thing happening over at Sabah where the population will gradually shift outwards of the city center and towards suburb where it is more affordable for them.

For myself I have bought a Shoplot in Telipok there 4 years ago. I explain to my friends and partners briefly the Shoplot is fronting the Main Road, its below 700k and there were pent up demand from the resident around there for a proper commercial area aside from the really old Telipok Town. But most of them seems unconvinced. Luckily, now its rented out to a steady tenant for a rental yield of 6%, positive cashflow.

Its still good time to buy in these areas if you have limited bullets as the prices here still have room to appreciate. Buy in areas that have potential and where demand is growing. I also have info of several new developments in coming into this area. The latest being Huat Ming the Developer is also building shoplots at Tuaran, next to the highway.

propertykid. Always Learning. Always Investing.

Updated 27 March 2016