Property Hotspots in Kota Kinabalu
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Have you ever wondered which places in Kota Kinabalu are considered hotspots?
Luyang holds some of the oldest and most well-acknowledged neighbourhoods in KK. It is also easily accessible to Penampang, an evolving establishment that is also becoming a popular spot for home buyers.
Likas on the other hand, despite being located on the outskirts of the city centre, is easily to accessible to the city through the coastal road of Jalan Tun Fuad Stephen.
The Likas floating mosque along Jalan Tun Fuad Stephen.
This sub-district in KK also resides to some of the state’s administrative offices as well as the chief minister’s office. What’s more is that Likas is slowly transitioned into an education spot, filling up with institutions such as Universiti Malaysia Sabah (UMS), Universiti Teknologi MARA KK (UiTM), Politeknik KK and Tunku Abdul Rahman University College (TARUC).
Although land properties are still popular in KK, land shortages and growing populations in the city centre are driving interest in cheaper high-rise homes. Cornelius Koh, director of C H Williams Talhar & Wong (Sabah) says high-rise homes that offer a modern lifestyle are becoming increasingly accepted in the last 10-15 years.
Other factors encouraging this trend are rising land prices and the lack of public transportation within the area. In addition, controlled and guarded high-rise homes provide enhanced safety and security features.