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Press Release: iProperty.com.my reveals the 10 most expensive residential properties sold in Malaysia in 2019

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Press Release: — iProperty.com.my has revealed the 10 most expensive homes sold in Malaysia for 2019. This is based on the review period between January 2019 to December 2019 and transaction data sourced from the Valuation and Property Services Department (JPPH). The data is compiled by iProperty.com.my‘s big data solution, iPropertyIQ.com. The properties are ranked in descending order and presented based on transaction price (RM).

10. Terrace house, Serene Heights – Semenyih, Selangor (RM 5.9 mil)

Median PSF for terrace houses at Serene Heights: RM 313

Serene Heights in Semenyih offers five layouts of double-storey freehold terrace houses namely Begonia, Acacia, Camellia, Dahlia and Eugenia 1. The latest project is Eugenia 1, which is expected to be completed in October 2020. Situated about 45km south of Kuala Lumpur, this area is accessible via a network of highways and main roads such as the North-South Expressway, LEKAS and SILK Highway. Higher institutions such as UNITEN, UPM and the University of Nottingham Malaysia are within 10 km to 27 km from Serene Heights. On the other hand, Tenby International School Setia Ecohills is 7 km away. For shopping, Tesco Semenyh is only a 10-minute drive away.

9. Bungalow, Pantai Hill – Pantai, Kuala Lumpur (RM 6.0 mil)

Median PSF for bungalows at Pantai Hill: RM 589

Pantai Hill at Jalan Bukit Pantai is situated in the hilly neighbourhood of Taman Bukit Pantai. This mature area with custom-built bungalow houses along the road is a favourite among wealthy homebuyers. Being in a strategic location, this affluent neighborhood is only 3 km away from Mid Valley Megamall and The Gardens Mall. In terms of public transportation, the closest train station is Kerinchi LRT station, which is within 1.5 km. As an alternative, residents can opt for the Abdullah Hukum LRT station as it is just 2 km away from the neighbourhood.

8. Condominium, One Menerung – Bangsar, Kuala Lumpur (7.45 mil)

Median PSF for condominiums at One Menerung: RM 1,277

One Menerung is a lavish condominium situated in the affluent Bangsar suburb. It offers five layouts of 229 residential units with sizes ranging from 3,013 to 10,291 sq ft. Residents are able to enjoy a variety of facilities such as a dance studio, BBQ pits, pavilion, a gymnasium with the latest equipment, a swimming pool and a driver’s room. One Menerung is easily accessible via the Federal Highway, Jalan Duta and Mont Kiara on top of being only 500 m from Bangsar Shopping Centre.

7. Condominium, Serai – Bukit Bandaraya, Bangsar (7.45 mil)

Median PSF for condominiums at Serai Bukit Bandaraya: RM 1,599

Serai Condominium is situated in the expatriate neighbourhood of Bangsar. It comprises standard residential units and penthouses with sizes ranging from 4,025 and 14,000 sq ft. It is well catered for high-net families as there are private lifts, a recreational podium, children’s indoor play area and lounge among others. Bangsar Shopping Centre is only 850 m away while Damansara City Mall is within 2 km. Serai further benefits from a network of roads and highways such as SPRINT, Damansara Link, Kerinchi Link and Federal Highway. It connects Bukit Bandaraya to other townships and neighbourhoods such as Sri Hartamas, Mont Kiara, Bukit Kiara and Petaling Jaya.

6. Bungalow, Raja Mohar Scheme – Keramat, Kuala Lumpur (RM 8.1 mil)

Median PSF for bungalows at Raja Mohar Scheme: RM 431

Raja Mohar Scheme is situated at Jalan Damai, Kampung Datuk Keramat. This area is made up of a mature neighbourhood with old custom built bungalow houses along tree-lined roads. Each house has a spacious lawn and yard. It is also within the vicinity of foreign embassies and the Damai LRT station with the famous KL Golden Triangle located about 3 km away from Jalan Damai. Raja Mohar Scheme is accessible via AKLEH, Jalan Tun Razak and Jalan Ampang.

5. Bungalow, Sanctuary Ridge (Gasing Heights) – Gasing Indah, Kuala Lumpur (RM 9.0 mil)

Median PSF for bungalows at Sanctuary Ridge (Gasing Heights): RM 573

Situated amongst lush greeneries and nature, Sanctuary Ridge houses low density and freehold luxury bungalows in an established neighbourhood situated at the Kuala Lumpur side of Bukit Gasing. Its residents are made up of mostly wealthy individuals who might have a penchant for nature as the Bukit Gasing Forest Park is only 3 km away.

4. Bungalow, Hartamas Heights – Dutamas, Kuala Lumpur (RM 9.5 mil)

Median PSF for bungalows at Hartamas Heights: RM 1,014

Hartamas Heights is an elite residential enclave consisting of 141 bungalow lots. Strategically located, Hartamas Heights is within reach of popular shopping malls, Publika Shopping Gallery and Solaris Mont Kiara. The neighbourhood is also located near government complexes and the Kuala Lumpur Courts complex. As a hub for international schools, Dutamas is one of the most sought-after postcodes among expatriates in Kuala Lumpur International schools such as Mont Kiara International School and Garden International School are 5 km away from Hartamas Heights. Affluent neighbouring areas such as Mont Kiara, Sri Hartamas and Bukit Tunku are connected via a network of roads and highways including Jalan Tuanku Abdul Halim, Sultan Iskandar Highway, DUKE Highway and North-South Expressway.

3. Serviced Residence, St. Regis – KL Sentral, Kuala Lumpur (RM 9.5 mil)

Median PSF for serviced residences at St. Regis: RM 2,063

Not known to many, St Regis’s first six floors are designated for an exclusive and luxurious 6-star hotel, whereas the seventh floor upwards is residential units. Residents enjoy extravagant facilities with an in-house jogging track, salon, sauna, jacuzzi and clubhouse. There’s also a nursery and a wading pool for children. The residential units here range between 766 sq ft to 4,523 sq ft while most units are semi-furnished. Its location is also strategic as the public transportation hub KL Sentral is only 600 m away while also being accessible via Jalan Damansara and Jalan Syed Putra.

2. Bungalow, Kenny Hills – Bukit Tunku, Kuala Lumpur (RM 12.0 mil)

Median PSF for bungalows at Bukit Tunku: RM 677

Kenny Hills in Bukit Tunku, Kuala Lumpur made it to the top two of the list of the most expensive homes in Malaysia for two years in a row. Home to many wealthy residents and expatriates, including foreign ambassadors, Kenny Hills comprises huge mansions and custom-built homes. It is also near other affluent neighbourhoods such as Mont Kiara and Bukit Damansara. Kenny Hills is reachable via Jalan Tuanku Abdul Halim, Sultan Iskandar Highway and DUKE Highway.

1. Bungalow, Damansara Heights – Bukit Damansara, Kuala Lumpur (RM 16.0 mil)

Median PSF for bungalows at Damansara Heights: RM 702

A bungalow in Damansara Heights, Bukit Damansara was Malaysia’s most expensive home sold in 2019. The enclave of Damansara Heights is one of the most affluent in the nation’s capital with its sprawling bungalows, villas and other luxury residences. Its immediate affluent neighbours are Bukit Kiara, Sri Hartamas, and Bukit Tunku. Other than upper-class Malaysians, expatriates are flocking to this area for its trendy nightlife as well as a selection of bars and restaurants.

NOTES

1) The transaction data is from the Valuation and Property Services Department (JPPH) which officially records a property transaction once the stamp duty for the Sales and Purchase is paid. Analytics is based on the data available at the date of publication and may be subject to revision as and when more current data becomes available.

2) The median sales price quoted for each project are the latest figures obtained from brickz.my.

3) Detailed information (owner, lot number, etc) of each property is not disclosed for privacy reasons.

— End of Press Release —

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