Kajang is famous for its sate (alternate spelling is satay), a form of skewered barbecued meat. Informally, Kajang is known as the "Satay Town", and is famous among tourists and locals alike. The most famous place to eat Satay is Haji Samuri as well as Restoran Malaysia.
Overnight accommodations includes Metro Inn, Crystal Oriental Hotel and Uptown Hotel, which are located within a 2 km (1.2 mi) radius of the town center.
Shopping
Kajang has a number of new and old shopping complexes. The Billion Shopping Center in Kajang town has been around for more than 20 years. It was originally located in the heart of Kajang town and now has a new and larger branch in Bandar Technologi Kajang. Metro Kajang, Metro Point and Kompleks Kota Kajang are other shopping complexes in Kajang. Metro Avenue is a new shopping district under construction located opposite SMJK Yu Hua Kajang.
There has been a boom of hypermarkets in Kajang in the past 5 years, marked by the emergence of Giant, Tesco Kajang and Jusco Balakong.
Relaxing - Taman Tasik Cempaka Bangi
Taman Tasik
Cempaka is
one of the
Jewel of
Bangi that
provides the
community
with large
spacious
lake garden
for healthy
lifestyle.
Every
weekend it
will be
crowded with
joggers,
brisk
walkers or
simply
people
having
leisure
times with
their
family. The
lake garden
is complete
with more
the 4 kms
jogging
tracks,
kid’s
playgrounds,
stretching
and exercise
spots,
reflexology
tracks,
small foot
ball field,
picnic
gazebos etc.
The Bangi
community
that
practiced
healthy
lifestyle
will used
the garden
as their
playground
while others
unwind
themselves
with their
family and
friends
after hectic
days at
work.
Read more...
Real Estate Appraisal
Resource: Wikipedia
Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an investment class: no two properties are identical, and all properties differ from each other in their location - which is one of the most important determinants of their value. So there cannot exist a centralized Walrasian auction setting for the trading of property assets, as there exists for trade in corporate stock. The absence of a market-based pricing mechanism determines the need for an expert appraisal/valuation of real estate/property.
In
Malaysia,
real
estate
appraisal
is known
as
Property
Valuer.
Valuer
is a
professional
who has
been
educated
and
trained
to
determine
the
value of
fixed
property,
execute
feasibility
studies
and
provide
expert
advice
on
property
related
matters.
An
independent
Valuer
can
provide
impartial
and
motivated
reports
on the
value of
real or
limited
rights
in land.
The
Valuer
requires
a
combination
of a
number
of
professional
qualities
and
capabilities,
and
needs a
thorough
knowledge
and
understanding
of the
interacting
influences
which
create,
maintain
or
diminish
the
value of
property
or
rights
therein.
The
Valuer
does not
invent
value,
but
interprets
market
forces,
which
determine
the
value.
Valuer
is a
profession
closely
related
to real
estate.
A Valuer
determines
the
value of
property
based
upon
market
conditions
at a
given
time.
One of
the
frequent
applications
of the
Valuer's
skill is
to
determine
values
for
purchase
or sale,
and for
insurance
purposes.
Valuers
are
qualified
to
undertake
valuations
in all
classes
of
properties,
including
commercial
and
industrial
properties;
all
types of
residential
properties,
agricultural
and
special
use
properties.
However,
most
Valuers
tend to
specialize
and do
not
undertake
the full
range of
valuations.
It is
therefore
vitally
important
for
clients
to
select
and
appoint
a
registered
Valuer
with the
relevant
practical
experience
required
to
undertake
the
specific
valuation.
While it
is
essential
as
professional,
the
Valuers
are
governed
by The
Board of
Valuers,
Appraisers
and
Estate
Agents
under
provision
of
Valuers,
Appraisers
and
Estate
Agents
Act
1981.
Its
primary
function
is to
regulate
the
Valuers,
Appraisers
and
Estate
Agents
practicing
in
Malaysia.
Market Value and Price
It is important to distinguish between Market Value and Price. A price obtained for a specific property under a specific transaction may or may not represent that property's market value: special considerations may have been present, such as a special relationship between the buyer and the seller, or else the transaction may have been part of a larger set of transactions in which the parties had engaged. Another possibility is that a special buyer may have been willing to pay a premium over and above the market value, if his subjective valuation of the property (its investment value for him) was higher than the Market Value. An example of this would be the owner of a neighboring property who, by combining his own property with the subject property, could thereby obtain economies-of-scale. Such situations often arise in corporate finance, as for example when a merger or acquisition is concluded at a price which is higher than the value represented by the price of the underlying stock. The usual rationale for these valuations would be that the 'sum is greater than its parts', since full ownership of a company entails special privileges for which a potential purchaser would be willing to pay. Such situations arise in real estate/property markets as well. It is the task of the real estate appraiser/property valuer to judge whether a specific price obtained under a specific transaction is indicative of Market Value. Read more...