Amongst the three prominent addresses, how do you determine which to call home? In this article, we break down how properties are doing in each area, and some properties you can check out in the area!
Bangsar, TTDI (Taman Tun Dr Ismail) and Mont Kiara are three of the most exclusive addresses in the Klang Valley. If you are debating purchasing your next real estate in one of these neighbourhoods but you’re not sure which one suits you the best, continue reading to find out the pros and cons of living in each area. And as a bonus, we’ll list out some of the best properties to get in all three neighbourhoods!
Mont Kiara
Once upon a time, as recent as the 1990s, Mont Kiara was a place that the public avoided. It was a rubber estate with a squatter community connected by narrow roads. But seeing the potential in this centrally located area, property tycoon Datuk Alan Tong Kok Mau purchased 40.47ha of land and turned it into what is now known as Mont Kiara.
Background of Mont Kiara
Mont Kiara is well known as an expat-favourite neighbourhood. As a well-planned and beautifully designed township, residents of Mont Kiara love its walkability, connectivity, and the variety of shops and amenities in the neighbourhood.
Expats with families especially enjoy the convenience of international schools in the area, with some of the most prominent ones including the Mont’Kiara International School and Garden International School. They also have a choice of sending their children to the French School of Kuala Lumpur, Lycée Français Kuala Lumpur (LFKL), which is only a few minutes away in Dutamas.
Providing the residents with a wide array of imported goods and international cuisines are several malls and retail areas, including Solaris Mont Kiara, 1 Mont Kiara, Arcoris Mont Kiara, and Plaza Mont Kiara. In fact, any local looking for imported goods that cannot be found in the local supermarkets, usually head to the supermarkets in Mont Kiara to get their hands on exclusive imported goods.
Accessing Mont Kiara is easy from anywhere in the Klang Valley, as the neighbourhood is well connected by four highways. These include the Duta-Ulu Kelang Expressway (DUKE), New Klang Valley Expressway (NKVE), SPRINT Expressway, and North-South Highway. These routes provide easy ingress and egress to Mont Kiara.
As can be seen, this exclusive neighbourhood is not merely well-planned and beautifully designed. It also has a well-established community and is home to some of the best-stocked supermarkets in the Klang Valley. It is no wonder that locals and expats covet an address in this exclusive neighbourhood.
How are recent properties in Mont Kiara performing?
Taking a quick peek into Mont Kiara’s recent property transactions, we discovered that it’s a great time to purchase a property in this neighbourhood now. According to the Mont Kiara transaction history on iProperty, we can see that the median price per sq ft has dropped by 4.06% between December 2021 and November 2022.
Landed Properties in Mont Kiara
Here we take a deep dive into the change in pricing for Mont Kiara’s landed properties, and see how specific property types were performing. We discovered that bungalows transacted at RM1,135 per sq ft between
December 2021 and November 2022, which translated to a drop in average price of 9.67% from the year before. Intermediate homes also experienced a slight drop of 0.14% in transaction value.
Semi-Detached homes, however, seem to be increasing in value in Mont Kiara, at RM1,488 per sq ft, which translates to an increment of 1.77% year-on-year. Corner Lots were also up in transacted value, at 6.43% which translates to RM818 per sq ft. End Lots and Townhouses maintained their value with no change.
High-Rises in Mont Kiara
High rises in Mont Kiara appear to have depreciated in value between December 2021 and November 2022. Flats were priced at an average of RM437 per sq ft which showed no change from the year before. Condominiums and Serviced Residences however depreciated by 4.07% and 17.79 % respectively, which translates to RM641 per sq ft and RM691 per sq ft respectively.
The current property climate in Mont Kiara is indicative of a good time for property investors to invest in Mont Kiara due to the lower price per sq ft for most of the property types. However, those who own a terrace home in Mont Kiara and are looking to relocate may look into selling their properties this year as the value of terrace homes has taken a hike. So let’s take a look at some of the best properties to check out in the area.
Discover properties for saleProperties to check out in Mont Kiara
1. Agile Mont Kiara
Agile Mont Kiara is a freehold condominium in Mont Kiara that was completed in 2019. It is a beautifully built development with a moderate density of 813 units, and large family-sized homes of between 1,162 and 5,037 sq ft. Check out some of the properties for sale in Agile Mont Kiara. Otherwise, you can look at renting a home in Agile Mont Kiara.
2. Pavilion Hilltop, Mont Kiara
Pavilion Hilltop is another beautiful freehold condominium located in Mont Kiara. Completed in 2017, this development has a moderate density of 621 units. The homes here are sized between 1,200 sq ft and 3,900 sq ft. If you are looking to buy a home here, check out the properties for sale at Pavilion Hilltop, Mont Kiara. Alternatively, get a property for rent at Pavilion Hilltop, Mont Kiara.
3. 28 Mont Kiara @ MK28
28 Mont Kiara @ MK28 is a freehold development completed in 2012. With a total of 460 units, it is one of the lowest-density developments in Mont Kiara. The homes are also some of the most sizeable in the area, at between 2,535 sq ft and 6,465 sq ft. Buy a home at 28 Mont Kiara or rent a home today.
4. Residensi 22, Mont Kiara
Residensi 22 at Mont Kiara is a prime freehold condominium of 534 units. Completed in the year 2017, the homes at Residensi 22 are sized down between 1,878 sq ft and 2,043 sq ft. It is one of the most sought-after high rises in the neighbourhood. Check out the sale prices of Residensi 22 today, or rent a unit at Residensi 22.
5. Arte Mont Kiara, Mont Kiara
Arte Mont Kiara is one of the latest condominiums in Mont Kiara. Completed in 2020, it is a stylish home located just next to the Malaysia International Trade and Exhibition Centre (MITEC). It is, however, a leasehold development, with a high density of 1,707 units – making it the only development on the list more suited to investors as opposed to residential home buyers. Buy a unit at Arte Mont Kiara today or rent a home at Arte Mont Kiara.
Who are the properties at Mont Kiara suitable for?
The homes and environment at Mont Kiara are generally suited to families with their large property sizes, beautiful neighbourhood, and extensive amenities. All of that and more are what attract expats and make the area very conducive to bringing up a family.
Taman Tun Dr Ismail (TTDI)
Taman Tun Dr Ismail (TTDI) is one of the most established neighbourhoods in Kuala Lumpur. The neighbourhood of TTDI is sandwiched between Petaling Jaya and Bandar Utama, which are both located in the state of Selangor.
Background of TTDI
TTDI (Taman Tun Dr Ismail) was established in 1973. It was once a rubber estate, which was then developed via a joint venture between the Urban Development Authority (UDA) and SEA Housing Corp. Sdn Bhd. In what was once known as a rural area, TTDI is now one of the most central neighbourhoods in the Klang Valley — and is also a highly coveted address.
TTDI is well connected via a network of major roads and highways. It is located just next to the SPRINT Expressway and Damansara Puchong Expressway (LDP), which provides residents easy access to both the Kuala Lumpur city centre and the Bandar Sunway area.
Aside from the retail hub within the residential area located just off the main road, residents also have a choice of shopping at the One Utama Shopping Centre which is about 10 minutes away from any point in TTDI. There is also a regular night market in the neighbourhood every Sunday and travelling here via public transport is made easy with the TTDI MRT Station.
How are recent properties in TTDI performing?
The properties in Taman Tun Dr Ismail have been getting more popular in recent years. Its median prices have increased to RM705 per sq ft, which is a 6.61% hike year-on-year between December 2021 and November 2022 despite there being no new developments in the area. So over here we look into which property types have been appreciating in value.
Landed Properties in Taman Tun Dr Ismail (TTDI)
Breaking down the landed properties in TTDI into their individual types, we see that almost all of them appreciated in value between December 2021 and November 2022. The landed property types whose prices appreciated include Bungalows (10.67%), Corner Lots (0.85%), End Lots (18.07%), Intermediate (1.88%), and Townhouses (2.27%). In fact, only semi-detached properties depreciated in value by 12.27% at RM651 per sq ft over the past year.
High-Rises in Taman Tun Dr Ismail (TTDI)
The high rises in TTDI on the other hand did not contribute much to the neighbourhood’s increase in property valuation, with Serviced Residences appreciating by 0.36% year-on-year while Condominiums depreciated by 4.52%.
Considering the strong price appreciation for almost all the property types in TTDI, this is a strong indicative factor that properties in this neighbourhood will continue to appreciate in the future.
Properties that you can check out in Taman Tun Dr Ismail (TTDI)
1. The Greens, TTDI
The Greens at Taman Tun Dr Ismail lives up to its name. Located in a quiet corner, it is within walking distance to the TTDI MRT station, yet still enjoys serenity. Completed in 2014, this development has a very low density of only 165 units sized between 1,442 sq ft and 3,823 sq ft. Although units for sale here are incredibly limited, you can still get a property for sale at The Greens, TTDI or a property for rent at The Greens.
2. Glomac Damansara, TTDI
Glomac Damansara is a mixed development of residential development and commercial properties. Located atop a retail centre, the residential component is freehold title with a total of 153 units sized between 1,000 sq ft and 1,800 sq ft. Get a unit for sale at Glomac Damansara, or rent a unit at Glomac.
3. The Residence Condominium, TTDI
The Residence Condominium at TTDI is a freehold development. It is one of the lowest-density high-rises in the neighbourhood, with a total of only 120 units sized between 1,805 sq ft and 1,870 sq ft. While the units are limited, you can still get a unit for sale at The Residence Condominium. But if you’re looking to rent, there are also options for you.
4. TTDI Ascencia, TTDI
TTDI Ascencia is a freehold condominium that was completed in 2016. There is a total of only 154 units in this exclusive condominium, sized between 500 sq ft and 1,200 sq ft. TTDI Ascencia is conveniently located within walking distance of all the shops in the commercial area. If you’re considering buying a home in TTDI, you can buy a unit at TTDI Ascencia. Otherwise, you can also rent a home.
5. Kiara View, TTDI
Kiara View is a freehold condominium in Taman Tun Dr Ismail. It is one of the lower rises in the area with only 14 floors. The homes here are sized between 1,400 sq ft and 1,800 sq ft. Kiara View is one of the more popular condominiums in TTDI, hence its premium price tag. Check out the homes for sale at Kiara View, TTDI. Or if you’re not ready to make a purchase, view the properties for rent at Kiara View.
Who are the properties at Taman Tun Dr Ismail (TTDI) suitable for?
The homes at TTDI (Taman Tun Dr Ismail) are most suited for those who desire a quieter neighbourhood, but still want to be centrally located. The homes in this neighbourhood are suited to all walks of life, whether you are a bachelor or whether you are seeking a good neighbourhood to raise your family. The neighbourhood MRT station also makes this area very pedestrian-friendly for those who prefer to commute via public transportation.
Bangsar
Bangsar is a very established neighbourhood in Kuala Lumpur — and it is certainly one of the most established ones on this list. Always renowned for its convenient location since the 1950s, Bangsar started to be developed for housing in 1969. Since then, the area has developed rapidly into what it is today.
Background of Bangsar
When picturing Bangsar, what most locals envision is a tree-shaded neighbourhood that is serene in the residential area but chaotic in the commercial centre. Peak-hour traffic is the norm in the heart of Bangsar, and double-parked cars are normal in the Bangsar Village area.
But Bangsar has good reason to be congested at all hours of the day — because of its complete range of amenities. They have the best food, cafes, malls, salons, and everything in between. The variety of food is endless, and yet still more F&B outlets vie to get a coveted spot in the area.
Connectivity to this area is excellent, with several highways providing access from all parts of the Klang Valley. There is the Federal Highway, New Klang Valley Expressway (NKVE) and SPRINT Expressway, as well as the New Pantai Expressway (NPE) and the Damansara-Puchong Expressway (LDP) that provide access to Bangsar.
With all the amenities and popular F&B outlets in this neighbourhood coupled with its ease of access, it is of little wonder that this area is always congested at all times of day and night.
How are recent properties in Bangsar performing?
Despite there being few new developments in Bangsar in recent years, the prices of properties in this neighbourhood still increase year-on-year. Only between December 2021 and November 2022, did the transacted median price per sq ft in Bangsar increase by 11.81%. But there are many different property types within this exclusive neighbourhood, so let’s take a look at how the different property types were valued in the past year.
Landed Properties in Bangsar
As can be expected from the exclusive neighbourhood of Bangsar, the larger property landed types in this neighbourhood appreciated in value over the past year. Just between December 2021 and November 2022,
the landed properties that appreciated in value are the Bungalows (7.25%), Corner Lots (1.18%), End Lots (7.78%), and Intermediate (10.22%).
There are however selected property types that depreciated in value over the past year, including Townhouses (30.99%) and Semi Detached (11.99%).
High-Rises in Bangsar
On a general note, the high-rises in Bangsar have performed
On a general note, the high-rises in Bangsar have performed well in terms of price appreciation between December 2021 and November 2022. While Apartments and Flats show no change in property value within the time frame, Serviced Residences and Condominiums appreciated in value by 33.46% and 10.51% respectively.
Due to its central location, popularity and general property climate of the neighbourhood, property owners in Bangsar can further expect the value of their properties to appreciate in the coming years.
Properties that you can check out in Bangsar
1. Pinnacle Bangsar, Bangsar
Pinnacle Bangsar is a new and upcoming freehold condominium located in the hills of Bangsar. It is slated for completion in mid-2023. This development is the epitome of exclusivity with a total of only 18 units. The minimum built-up size for a home at Pinnacle Bangsar is 4,677 sq ft, with the largest unit being 11,476 sq ft. Check out the units for sale at Pinnacle Bangsar.
2. Impian Emas, Bangsar
Impian Emas is a freehold condominium located in Bangsar. It’s one of the older developments in the neighbourhood, completed in 1998. The homes here are sized between 1,600 sq ft and 2,400 sq ft. Check out the homes for sale at Impian Emas, Bangsar. Otherwise, rent a home at Impian Emas.
3. One Menerung, Bangsar
One Menerung is one of the newer condominiums in Bangsar. Completed in 2009, this development has a low density of only 229 units. Its homes are luxuriously sized between 3,013 sq ft and 10,291 sq ft. Due to its spacious sizes, these homes come with a hefty price tag. But if you are in the market for a luxury home, check out properties for sale at One Menerung, Bangsar. Or if you’re undecided, rent a home in One Menerung first.
4. Serai, Bangsar
Serai is a freehold condominium in Bangsar. Completed in 2016, this exclusive property is home to a total of only 12 units. A luxurious property that comes with private lift lobbies, the homes at Serai are sized between 4,025 sq ft and 6,913 sq ft. While there are limited units, you can still find a property for sale in Serai, Bangsar. Alternatively, there are also homes for rent in Serai, Bangsar.
5. Sri Penaga, Bangsar
Last but not least on the list is Sri Penaga in Bangsar, a freehold condominium that was completed in 1996 with a total of 304 units. Although one of the older condominiums in the neighbourhood, there is still great demand for a home here. Check out the properties for sale in Sri Penaga, Bangsar. Otherwise, if you’re in the market for a rental unit in Bangsar, check out the units for rent at Sri Penaga.
Who are the properties at Bangsar suitable for?
The homes in Bangsar were mainly designed for luxury and families. While the commercial areas are constantly busy, the residential areas are the complete opposite. They are quiet, serene, and highly desired for their exclusivity. So if luxury and serenity is what you are after, then a home in Bangsar will suit your exclusive tastes.
Recent properties to check out in Mont Kiara, TTDI, and Bangsar
Now that you have a better idea of which neighbourhood will suit you best, check out some of the new properties in each of the neighbourhoods!
Mont Kiara
1. The MINH, Mont Kiara
The MINH in Mont Kiara is currently open for registration. Built over 6.2 acres, property buyers will have a choice of units sized between 1,607 sq ft and 3,010 sq ft. The first of The CLUB Collection by UEM Sunrise, The MINH is promised to be a lush and prestigious development offering resort living at every level.
2. Icon Residence @ Mont Kiara
The Icon Residence at Mont Kiara is one of the newer completed condominiums in the neighbourhood. A luxurious development, the units here are sized between 2,336 sq ft and 4,716 sq ft. Home to only 290 units, this exclusive development was inspired by the internationally renowned Greece Mediterranean Resort Villas from Santorini.
Taman Tun Dr Ismail (TTDI)
1. Rencana Royale, TTDI
Rencana Royale is one of the latest upcoming condominiums in TTDI. Designed for all walks of life, the homes there are sized between 472 sq ft (Studio units) and 1,841 sq ft. The only slack point of this development is that it is built on Malay Reserved Land, hence getting a home here may prove to be difficult for non-Bumis.
Bangsar
1. Bangsar Hill Park
Bangsar Hill Park is one of the latest upcoming condominiums in this prestigious address. Located along Jalan Maarof, buyers will get to choose homes sized between 917 sq ft and 1,478 sq ft. Inspired by resort-living experiences, residents will be able to expect very impressive facilities at this exclusive development.
2. Residensi 38, Bangsar
Residensi 38 is an upcoming serviced apartment in Bangsar. It is a redevelopment of what was formerly Kompleks Niaga Utama, located within the Bangsar proper. Buyers can expect a very low density with only 278 units and three shop lots. From Studio units to 3-bedroom homes, Residensi 38 is designed for all walks of life.
To explore more properties, visit iProperty.com.