Market Analysis and Trends in Setia Alam

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Setia Alam has 5 key values:

1. Attractions and landmarks.

2. Conveniences of setia alam such as F&B outlets, shopping malls and so on.

3.Education hub for youth.

4.Medical institutions.

5.Commercial hub in the award winning township.

These 5 values is the key for increase population of city, create business and employment opportunities.

Setia Alam is seeing faster population growth as more industrial areas are converted to commercial and residential uses. There are the market analysis and trends in Setia Alam, including the population, ethnic group, gender and age as well as average transaction of properties.

1. POPULATION

According to research, the population of Setia Alam has grown significantly. From 2000 to 2010, the population growth of Setia Alam is almost doubled, from 65,000 to 110,000.The population is expected to continue to maintain strong growth, and by 2020, the population will grow to 144,000 people.

Source: @SunsuriaForum

2. ETHNIC GROUP

Setia Alam is one of the newest township located on the outskirts of the city neighboring . These include Malays, Chinese, Indians, and other indigenous Bumiputra groups. The demographic composition in the country are as follows. 69.63% of the population are Chinese, 21.04% are Malay, 6.84% are Indian, and 2.49% are others. This multicultural context makes Setia Alam a highly rich society, with diverse religions, foods, culture, and customs.

3. GENDER & AGE

As this is a growing township, the continuation in migration of population in the 20 –24 years of age is expected due to the 5 key values of Setia Alam, which is landmarks, attractions, conveniences, education hub, medical institutions and commercial hub.

Source: @SunsuriaForum

4. AVERAGE TRANSACTION

Analysis and comparison of average transaction, for sale and rent prices for landed, non-landed and commercial properties within Setia Alam.

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