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By Khalil Adis
Exploring every nook and cranny that Chinatown has to offer is never a boring affair. Photo: Khalil Adis Consultancy.
#1: Plaza Rakyat LRT station
The platform at Plaza Rakyat LRT station. Photo: Khalil Adis Consultancy.
#2: Pasar Seni MRT station
The newly opened Pasar Seni MRT station provides seamless access to Pasar Seni LRT station. Photo: Khalil Adis Consultancy.
There are plans to also connect the station to the iconic Central Market. An added feature is a bus interchange located just above the station that will connect buses from Kuala Lumpur to Petaling Jaya.
#3: Petaling Street
The iconic Petaling Street signage. Photo: Khalil Adis Consultancy.
#4: Pasar Karat
Vendors plying their trade at Pasar Karat. Photo: Khalil Adis Consultancy.
#5: Food street at Jalan Sultan
There are many food stalls located along Jalan Sultan. Photo: Khalil Adis Consultancy.
#6: Weng Hoa Flower Boutique
No 1 Lorong Hang Lekir
Off Jalan Hang Lekir
50000 Kuala Lumpur
Malaysia
Website: www.wenghoa.com/home
Opening hours: 8 am to 10 pm
Ready made colourful bouquet of flowers on display. Photo: Khalil Adis Consultancy.
#7: Central Market
Lot 3.04-3.06, Central Market Annexe,
Jalan Hang Kasturi,
50050 Kuala Lumpur.
Malaysia
Website: www.centralmarket.com.my
Telephone: 03-2031 0399/5399/7399
The art deco facade of Central Market. Photo: Khalil Adis Consultancy.
#8 Kasturi Walk
The kite-inspired signage of Kasturi Walk. Photo: Khalil Adis Consultancy.
Summary
Shophouses and office buildings dominate the property type at Chinatown. Photo: Khalil Adis Consultancy.
The good: Buying a property here will mean constant human traffic from both locals and tourists alike as Chinatown is rich in popular tourism landmarks such as Central Market and Petaling Street. The quaint rows of heritage shophouses house hip boutique hotels to quirky cafes and restaurants that attract the cool, creative type. The area is also a haven to some of KL’s famous hawker food such as Shin Kee Beef Noodle near to Central Market and the birthplace of Hokkien mee, Restoran Kim Lian Hee located at the junction of Jalan Petaling and Jalan Hang Lekir. All these attractions make it suited for Airbnb type of accommodations.
The bad: If you intend to buy a property here, you are only limited to office buildings or shophouses. Land here is extremely scarce and there are no existing or future residential projects in the pipeline. As such, this area is a no go for most investors unless you are an institutional investor or have deep pockets.