Didn’t Taman Maluri start as a humble residential area? It has blossomed into a vibrant commercial hub. Today we explore Maluri. This suburb sits on the border of Kuala Lumpur’s city center. It’s a tale of transformation and revitalization.
Maluri’s story began in the 1960s. Back then it was a working-class residential area. Government quarters were common. Small businesses dotted the landscape. Mini markets and car workshops were common. Restaurants provided local flavor.
Fast forward to the last decade. Urban regeneration breathed new life into Maluri. Older areas along Jalan Cochrane and Jalan Peel transformed. Single-story and low-cost houses made way for modern developments. MRT stations emerged. IKEA Cheras arrived. MyTOWN Shopping Centre and Sunway Velocity added to the landscape.
AEON Taman Maluri stands as a retail pioneer. It opened its doors in 1989 as JUSCO. This oldest store in Malaysia was rebranded as AEON in 2012. Newer malls amplified Maluri’s appeal. Sunway Velocity opened in 2016. IKEA Cheras and MyTOWN Shopping Centre soon followed.
Maluri enjoys excellent connectivity. Cheras Road and Besraya Expressway provide access by car. Cochrane Road and Jalan Perkasa offer alternative routes. Public transportation is readily available. The Maluri station connects the LRT Ampang Line and the MRT Kajang Line. Cochrane MRT station is also nearby. RapidKL buses serve routes to KLCC Kajang and Titiwangsa.
Property values in Maluri have seen appreciation. High-rise residential developments experienced gains between 2012 and 2018 or 2019. Prices are generally more affordable than in Bangsar or Mont’Kiara. V Residence at Sunway Velocity set a benchmark price above RM1000 psf. Older developments offer more affordable options.
Experts predict a bright future for Maluri. Its proximity to Tun Razak Exchange positions it well. The TRX is set to become Kuala Lumpur’s new central business district. Maluri benefits from the spillover effects. More job opportunities are expected. Residential demand should increase.
Maluri attracts a younger generation. The malls and public transport system are appealing. Cochrane MRT and Maluri MRT and LRT stations provide convenient access. The Maju Expressway and Sungai Besi Expressway enhance connectivity.
Several amenities enrich the area. Schools are abundant. Eateries cater to diverse tastes. Medical centers provide healthcare. Hotels offer accommodation. Shopping malls provide retail therapy.
Challenges remain for Maluri. Traffic congestion is a concern. High population density poses issues. New projects are mainly mixed developments. Investors should be aware of maintenance fee computation.
Maluri has transformed into a modern hub. Its journey reflects Kuala Lumpur’s dynamic growth. From residential roots to a vibrant commercial center Maluri embodies progress. The suburb offers convenience connectivity and a promising future.