KLCC Condo

Kuala Lumpur City Centre or KLCC as it is commonly called by the locals is a mega development launched in 1992. With the idea of a city within a city, KLCC is an integrated mixed development, comprising 1.67 million sq. metres of commercial, residential and retail. At the center of it all stands the iconic Petronas Twin Towers, which until recently was the worlds tallest building.

As one of the best-planned projects in the country, boasting a 50-acre landscaped park, elegantly-designed mosque, the newly-opened KL ConventionCentre, Mandarin Oriental Hotel and grade A commercial buildings, KLCC has emerged as one of the most sought after addresses for both commercial and residential. Not surprisingly, dozens of new upmarket condominiums and serviced apartments have been launched in recent times to cater to the ever increasing demand.

Based on feedback from our Business Space and Expatriate Leasing divisions, we can conclude that most businesses, new start-ups and home buyers want to be as close as possible to KLCC. This has led to a surge in demand for residential properties in the KLCC area.

Owning a property in KLCC has become a dream for many of us. Numerous developments boasting thousands of units have been launched in recent years, and more are believed to be in the pipeline. The question arises on whether the market can sustain the sudden surge in these upmarket units, most of them being priced at over RM1.5million. Some even as high as RM12mil for a penthouse unit.

Our answer to the million dollar question is a resounding YES as KLCC is irrefutably the prime property hotspot of the nation. If the premium pricing of property is not enough to convince you, then consider the quality of the developments that have materialised in the vicinity of KLCC. With prices already breaking the RM1,600psf mark and fresh frontiers in luxurious living being opened with each new project launch, there is a growing belief that residences in the Golden Triangle will someday be on par with world renowned residential enclaves such as Hyde Park in London and Central Park in New York. This is the best address in Malaysia!