For Malaysia’s super wealthy, the price tag for a lavish home goes beyond a multi-million Ringgit
Last year, we shared 2017’s 10 most expensive homes sold in Malaysia which only the wealthiest 1% of Malaysian households can afford them. It is unsurprising that these homes are owned by tycoons, mogul, and royals. Some of them are so expensive, they look no less than the palaces. From an indoor cinema to a rooftop deck and pool, the personal touches in some of these homes is everything you could ever wish for.
We make a list of 10 most expensive homes in Malaysia for 2018 based on the review period from January 2018 to December 2018. The information is from the Valuation and Property Services Department (JPPH) that has been compiled by brickz.
Let’s take you on a journey to visit Malaysia’s most expensive home of 2018.
10. Bungalow, Country Heights, Kajang (RM8 mil)
Median PSF for bungalows at Country Heights Kajang: RM 371
This beautifully landscaped neighbourhood of Country Heights Kajang is home for the elite society. It is located about 23km away from KL city centre. Every inch of the area surrounded by lush tropical greenies that offer total privacy and relaxation. Besides being spacious, these resort-style villas came with top-notch features like a music room and a pool lounge. It is also strategically located with close proximity to the administrative district of Putrajaya and offers access to major highways and interchange stations like KTM and MRT.
9. Bungalow, Masera Bukit Segar, Cheras (RM 9.5 mil)
Median PSF for bungalows at Masera Bukit Segar: RM 453
Masera Bukit Segar is located at one of the prime areas in Cheras. It is also one of the most sought-after postcodes in that area as it offers safety, luxury and a contemporary lifestyle. Surrounded by greenery at the hill of Bukit Segar, this residency takes the residents away from the hustle and bustle of city life. Apart from that, the KL city centre is only 20 minutes away while it has easy access to SILK highway and Cheras-Kajang highway.
8. Bungalow, Lebuhraya Scott, Pulau Tikus (RM 9.51 mil)
Median PSF for bungalows at Lebuhraya Scott: RM 521
Lebuhraya Scott (Scott Avenue) is a mature residential area in Pulau Tikus, Penang. The area is made up of bungalow, semi-detached and terrace houses. Back in the days, this area belongs to early British settler likes James Scott and David Brown. It was also an estate before it later transformed into a residential area. On top of that, it’s only a stone’s throw away from Georgetown which is one of UNESCO World Heritage Sites.
7. Bungalow, Country Heights Damansara, Kuala Lumpur (RM 9.7 mil)
Median PSF for bungalows at Country Heights Damansara: RM 903
Every Country Heights has the reputation of being an exclusive neighbourhood for the wealthy community. As for Country Heights Damansara, the bungalow lots are spread over a 200-acre hilly park, surrounded by nature. The Country Heights Damansara’s concept is contemporary and trendy family home where the bungalows are designed to look stylish yet timeless. Each bungalow comes with a serene greenery view and hilly terrain. Besides, it is only a short distance from Mont Kiara, Damansara and Hartamas while accessibility to highways like LDP, North-South highway and Sprint highway is convenient.
6. Condominium, Serai Bukit Bandaraya, Bangsar (RM 11 .2 mil)
Median PSF for condominiums at Serai Bukit Bandaraya: RM 1,668
Serai is a lavish condominium that is situated at the charming enclave of Bangsar. Each unit is designed to overlook the breathtaking view of KL skyline and the surrounding vistas while the architecture is designed to favourably respond to the tropical climate. The units are ranging from 4,205 sf to 14,000 sf which comprises of 119 standard units and two penthouses. On top of that, every inch of the condominium unit is elegantly designed, creating a class of its own.
5. Bungalow, Taman Duta, Bukit Tunku (RM 12.7 mil)
Median PSF for bungalows at Taman Duta: RM 629
Taman Duta in Bukit Tunku is an elite residential area that is surrounded by greenery. Most bungalows in Taman Duta are different from one another as they were custom built according to the owners’ preferences. Furthermore, this neighbourhood has been a preferred address for many upper-class families and prominent figures. It is also home to many mansions and villas with an unblocked view of KLCC.
4. Bungalow, Damansara Heights, Bukit Damansara (RM 13.8 mil)
Median PSF for bungalows at Damansara Heights: RM 646
Lonely Planet has listed Damansara Heights as 10 of the world’s coolest neighbourhoods for 2017. This neighbourhood has its own personality and character as it is one of the addresses for the affluent community. Dubbed as the Beverly Hills of Malaysia, it is an enclave neighbourhood with leafy streets. From grocery shopping to nightlife entertainment, you can find almost everything in its proximity.
3. Bungalow, Lebuhraya Codrington, Pulau Tikus (RM 22 mil)
Median PSF for bungalows at Lebuhraya Codrington: RM 536
Lebuhraya Codrington (Codrington Avenue) was named after the acting Resident Councillor of Penang, Stewart Codrington. This established upper-class neighbourhood is situated at a prime layout as it is only a short drive to Georgetown and Gurney Drive. Houses in this area are mostly three-storey bungalows with easy access to amenities like hospital, school, and mall. Among the nearby attractions is the Church Immaculate Conception that was inaugurated by the Eurasian community in 1811 as well as Dhammikarama Burmese Temple that was built in 1803. It is also the first Burmese Buddhist temple in Malaysia.
2. Bungalow, Kenny Hills, Bukit Tunku (RM 26.6 mil)
Median PSF for bungalows at Kenny Hills: RM 1202
Kenny Hills has been established since the colonial era. Also known as Bukit Tunku, it is one of Malaysia’s private residential areas. It is named after the first Prime Minister Tunku Abdul Rahman and the entire area comprises of mansions and extravagant homes with over the top designs. Not just that, this neighbourhood is home to many high-net individuals and expatriates. Kenny Hills is only 10 to 15 minutes’ drive to Bangsar, Mont Kiara, and KL city centre and it has easy access to DUKE highway, PLUS highway and Lebuhraya Sultan Iskandar.
1. MOST EXPENSIVE: Bungalow, Tijani, Bukit Tunku (RM 45.68 mil)
Median PSF for bungalows at Tijani: RM 1001
Tijani is practically a steal for property buyers as it is located at the prestigious area of Bukit Tunku. Its name perfectly matches its high-end price tag as it came from an Arabic word ‘Al Tijani’ that means crowning and it is also often associated with notable people. Besides that, it is also adjacent to other A-list neighbourhoods like Taman Duta and Sri Hartamas. Investors and savvy property buyers who are looking for a premium home may want to check out this area to shop for future investment.
1) The 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 data becomes available.
2) Detailed information (owner, lot no, etc) of each property is not disclosed for privacy.