Despite the weak real estate buying sentiment amid a slow economy, the property scene in Kuching has witnessed to be vibrant and is set to grow steadily in the following years. With numerous development projects quick in progress, it is believed that the Kuching property market will continue to draw interests of both foreign and domestic real estate investors. We hereby introduce to you the top 5 Kuching investment hot spots, ranked in order:
1. Tabuan Jaya
Being one of Kuching’s satellite town, Tabuan Jaya has schools, medical centres and government offices all in close proximity. Lies on the border of Tabuan Jaya is Vivacity Megamall, a shopping mall that features over 300 retail outlets across five floors and has an apartment seated on top. Not only that, Milan Square, an ongoing commercial & residential development in Tabuan Jaya that takes inspiration from classical Italian architecture, will soon be completed by mid-2018. Living in Tabuan Jaya offers sweet convenience to frequent commuters, given how well connected it is to other prime areas like Pending and BDC. Examples of good apartments currently under construction are Satria Residence and Tropics City. So, it is of little surprise that the properties in Tabuan Jaya are the ones most sought after in Kuching.
2. Green Height
Strategically placed just 5 minutes from the Kuching International Airport, 8 minutes from Kuching Sentral Bus Terminal and 15 minutes away from the city centre, Green Heights is a well-to-do residential area with high community living standard. Whether you want to shop for fine, imported food products at Cold Storage Supermarket @ Green Heights Mall, or indulge yourself with hearty, affordable meals at the countless eateries at RH Plaza, Green Heights has it all.
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BDC has long been a matured neighbourhood equipped with ready amenities, such as a recently refurbished Everrise Supermarket as well as Stampark Swimming Pool & Fitness Centre. Of late, it has even emerged into a growing elite housing areas, making it all the more appealing to the developers. Shopping will soon be a breeze as the construction of Saradise, Kuching’s first street mall in a garden, is approaching the end. Also, a new KPJ Kuching Specialist Hospital is to be built at Taman BDC to cater to the rising healthcare demand in Kuching.
Similar to other top investment hot spots, Stampin has many amenities within walking distance, including banks, restaurants and retail shops. With three schools—SJK(C) Stampin, SMK DPHA Gapor and i-CATS education campus located here, Stampin has grown in importance as an ideal residential area for families with school-age children. Besides, Premier 101 Open Air Food Garden at Stampin is one of the most happening eating area in Kuching at night. Drop by here, and you are sure to catch sight of many Kuchingites buzzing with activities. Residents are also getting excited over a new development project at Stampin—Gala City, which will be soon completed. It consists of commercial shophouses and apartments.
5. Tabuan Stutong
Tabuan Stutong is a relatively new development area in Kuching. A unique place located within Stutong is the Sama Jaya Nature Reserve, a recreational park popular among the city dwellers who lead a green lifestyle. Stutong is also famous for its community market, one that prides itself on being among the cleanest and most well-managed markets in Kuching. A wide array of vegetables, fruits and local snacks can be found here almost on a daily basis.
All in all, we conclude, from our observations, that the latest top 5 investment hot spots in Kuching are: Tabuan Jaya, Green Heights, BDC, Stampin and Tabuan Stutong. That being said, we trust that Kuching still has much unexplored territories for growth. Thus, if you are an investor looking to diversify your portfolios, Kuching may be the right place for you!