Old is gold

Old is gold
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KUALA LUMPUR (May 23): The strategically located Old Klang Road or Jalan Klang Lama in Kuala Lumpur is today lined with new commercial buildings and high-rise residences among its original shops, as many developers foresaw high demand for developments in the area since the opening of Mid Valley City in 1999.

Today, much of the land in the Old Klang Road area has been almost fully developed with high-rise developments, says VPC Alliance managing director James Wong. "Owing to the area's strategic location between Kuala Lumpur and Petaling Jaya, its mature location, as well as accessibility to Mid Valley City from Jalan Puchong via Old Klang Road, many developers have started building mixed-use and residential developments [along the stretch]."

CCO & Associates director Chan Wai Seen notes that after the road-widening works were completed for Old Klang Road in 2014, property development activity along the trunk road and in surrounding areas were invigorated and many small pockets of land and old buildings have since been earmarked for development.

"The previously narrow and congested road had hindered its development progression. The road widening and completion of new highways nearby have improved the area considerably in terms of access as well as ambience.

"To elevate the area further and for it to become an established commercial and residential address, a major development is required, such as how Bangsar South transformed Kerinchi and KL Sentral changed Brickfields," adds Chan.

Read more about it in The Edge Malaysia weekly's May 24 edition.

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