Top 10 most expensive condominium projects in KL
When I was on the streets of the city of Kuala Lumpur, I saw a lot of highrise developments, which are mainly of residential buildings. These projects mainly concentrated in area near Kuala Lumpur City Centre to offer a great and close view of the iconic Petronas Twin Towers, the current world tallest twin buildings. Some have been completed, some are still undergoing construction while some are proposed as informed through news or internet.
I live at the suburban area of the city, means that my home is quite a distance from the city. However, when I walked on few more steps further out from my house, I can still see the skyline of the city, and even Genting Highlands. What a view….Back to the topic, I am wondering how much would I have to pay to live in a new residential building (condominium) built in the city center area now? So, I browsed through internet and I found out the list of top ten most luxurious and expensive condominim projects in KL, mainly are in close proximity to KLCC. The cheapest units available from these projects are also worth in at least RM 2 million, while the most expensive can go up to over RM 15 million. That is crazy! With that amount of money, I can but a number of bungalows outside of the city. That shows how expensive the land value is in the city center of KL, further increased with their close proximity to KLCC.
1. One KL
The first that topped the list is One KL, with the tagline of ’94 apartments, 95 swimming pools’ which clearly means that each apartment unit would have one private pool with an addition of one for all. It is a reasonably sized residential triangular tower with a minimalist architectural appeal. Its interior conveys an aura of stylish simplicity with the economical use of living space through the brilliant use of split levels. The private swimming pools that go with each apartment can be somewhat severe at first glance, but we have to say are still very impressive on overall impression. The architecture firm involved is SCDA Architects Pte Ltd. The average price per square feet is now over RM 2000.
2. The Troika
The second place goes to The Troika. The larger and taller Troika has a good location close to the KLCC Park and the Petronas Twin Towers. Apart from one of the three towers being the tallest residential development in Kuala Lumpur, other unique features include the irregular shape and the sky lobby at level 24 which links the three component structures with pedestrian bridges ( there will be two bridges linking the three towers forming a letter ‘c’) . There is a sizable landscaped courtyard area in the middle of the development and the three residential towers are joined together at lower levels by shops and offices. Above these at level 4 are communal recreational facilities. This project is designed by famous architectural firm, Foster and Partners and average price per square feet is now over RM 1800. The interiors will be modern with good design, clean lines and subtle colours. The building has been described as ‘twisting’ in shape (“the result of detailed analysis that identified the best possible views at every level”) but this is not apparent from the artist impressions on the Troika website. Residents on two sides really will benefit from the proximity of the KLCC Park with a bird’s eye view of the KLCC Mosque. It is the tallest residential building in Malaysia, reaching over 204m, making it in the top 10 tallest buildings of the country too.
3. K Residence
K Residence is the first of two of the ten developments to be linked with a shopping mall development with a mall below called as Avenue K. It is located right beside the Petronas Twin Towers and its height is very much similar to that of Maxis Tower on the side of the twin towers. Although the external appearance seems slightly heavy compared to the Troika, the interiors look very attractive indeed. In fact the development is nearly as high as the highest of the Troika towers at 50 storeys. There are two residential towers in the development. The floor plans incorporate accommodation for a maid. The lay out of residential units can be extensively customized. The emphasis is on quality in ensuring the standard of utilities, paying attention to features such as the water pressure. The architecture firm involved is DCMStudios and the average price per square feet now is over RM 1600. It’s the second tallest residential building in Malaysia, reaching over 202m too.
4. The Meritz
Like K Residence The Meritz is also on Jalan Ampang and in close proximity to the twin towers and the Suria KLCC shopping complex (3 minutes walk to both). As with K Residence there is easy access to a light rail transit station. The development does not offer views of the KLCC area owing to an intervening office development. The external appearance is somewhat box-like and the development is considerably smaller than K Residence. Not all rooms seem to have natural lighting and this development does not offer the spaciousness of others. The architect behind this project is the famous Jean Nouvel and the average price per square feet is now over RM 1300.
5. Marc Residence
The Marc Service Residence has a two-acre site for its two towers and is by some margin the largest of the 10 developments. The design is fairly conventional but nevertheless elegant with a roof garden appearance(with pool) to the top of the more extensive lower floors. At street level the building features an impressive columned portico. The fact that gas piping will all be made of copper suggests quality build. Amenities include: business centre, cafeteria, club house, covered parking, gymnasium, jogging track, playground, sauna, squash court, swimming pool, wading pool and tennis court. The average price per square feet is now over RM 1200.
6. The Avare
The Avare is in some ways the most stylish and streamlined construction of all 10, with its design inspired by a butterfly on the wing. The architect is David John Clarke. Like Marc Service Residence the site (just over an acre) allows an attractive planting of trees around it. Occupiers of the Avare will enjoy panoramic views of the Petronas Towers and the Royal Selangor Golf Club and the KLCC Park is also close by. There are two large apartments to each level, each with four bedrooms, all or which will enjoy en suite bathrooms. Looking at the lay-out the only defect would seem to be rather a lot of corridor with no natural light. The average price per square feet is now over RM 1200.
7. Park Seven
Park Seven is not quite high rise, being a seven tower development with each reaching to 20 storeys. The site is only 1.6 acres so these blocks will be quite close together. The design is clean and simple and aims to give 270 degree views to most residents. Those on the Persiaran side of the development will have views of KLCC Park and the Petronas towers. There is only one unit per floor per building so the layout ensures plenty of privacy. The interior design looks clean and impressive. The variety of choice in layout and size is noticeable. The first level is described as a ‘recreation deck’ including the following: multi-purpose function rooms (presumably for hire), lap pool, heated pool, gardens with water features, gym, yoga/pilates studio, toddler’s room and children’s play area. The architecture firm involved is Heerim Architects and Planners with average price per square feet now is over RM 1000.
8. Pavilion Residence
Pavilion Residence is another tall development and, after Marc Service Residence, the largest of our 10 with 368 apartments. It is the second development to have a retail element – Pavilion KL (and offices and a hotel in addition) and in all the development covers 12 acres. The residential component comprises two towers which look a little like the Meritz (no curves) though much higher while the interiors are somewhat reminiscent of K Residence, scoring well for warmer colours and human proportions. The twin buildings are in white colour which stressed on contemporary approach while the height of the buildings rise above the others, particularly in Bukit Bintang area. The average price per square feet now is over RM 1000.
9. Idaman Residence
Idaman Residence is another large residential project but the size of individual units is considerably less than any of the other developments. This may work to its advantage in that it is very central but appealing to a different market from developments with larger units, who it is reasonable to expect, will be fierce competition with one another. Idaman has been planned to be environmentally friendly with natural ventilation in common parts and even natural ventilation features in the units themselves (though one supposes air conditioning is available also.) Above the car parking levels there are four garden units (including larger balconies) and the penthouses on the top level include roof gardens. It’s a very white and clean building. The architecture firm involved is T.R.Hamzah and Yeang Sdn. Bhd. with average price per square feet now is over RM 950.
10. Ampersand @ Kia Peng
Ampersand@Kia Peng has no claims to be high rise at all although situated half way between the KLCC Park and the Royal Selangor Gofl Club it is still very central. The development includes three blocks ranging from seven to 12 storeys. Presumably partly because the panoramic views of some of the other developments are not available, the prices for Ampersand are more reasonable than those of some competing developments. The development takes up just over two acres. The interiors look modern, well-proportioned and simple. There is a swimming pool at ground level and enough space for a small amount of landscaping. The neighbourhood has a leafy appearance but no one will be very far away from the street. The average price per square feet is now over RM 900.
The list is obtained from this link: http://www.overseaspropertymall.com/regions/south-east-asia-property/malaysian-property/10-most-expensive-condominium-developments-in-kuala-lumpur/ with Binjai Residency not included yet because it is not launched at the time this article is written. However, by now, the construction of Binjai Residency is completed and the average price per square feet now appears to be over RM 1000 which would assured the project to be in this top 10 list. Binjai Residency is a 100-unit international-styled residence that consists of 96 standard units and 4 PENTHOUSES. It is also one of the RARE residences in Kuala Lumpur to have an exclusive private lift lobby which is only accessible to a single resident unit using an access card. For those who desire quality living, there are four duplex penthouses with INFINITY-EDGED swimming pool (42 ft) complete with pool deck, shower room and landscaped garden at the rooftop. Each penthouse has an infinity-edged swimming pool as long as 42 feet, complete with pool deck, shower room and landscape garden at the rooftop, overlooking the beautiful cityscape. So you could dip in the pool, sip on your wine and look at the view at night.
Last picture of the post below by showing the new part of the city near to the Kuala Lumpur City Centre where many new buildings are built. From this amazing picture alone, you would already saw few of the projects in the list here somewhere in that picture.