RM1,000,000 (RM464.47 psf)

DONE DEAL: Terrace house, Subang Jaya, Selangor

DONE DEAL: Semidee, Bayu Segar, Kuala Lumpur

As part of Kuala Lumpur’s ‘Golden Triangle’ of shopping, business, and entertainment, a Bukit Bintang address ensures the glamour of a cosmopolitan lifestyle. It has come a long way since the first half of the 20th century, and iconic sites like the Cathay Cinema have been replaced, namely with the Bukit Bintang MRT station. Such is the metamorphosis of a booming metropolis. The famous neighbours of a famous neighbourhood include KLCC to the northeast, Chinatown to the west, Cheras to the south, and the newly developed Tun Razak Exchange (TRX) to the east.

According to Ann Ong (PEA3506) (010-280 2014) of PropNex Realty Sdn Bhd, who closed the deal, the owners sold the property as they wanted to cash out, while the buyers were looking for an investment. Though the property had a bank value of RM1.7 million, fortune smiled on the buyers, and they managed to get a RM700,000 discount. They’ll be saving even more on their investment, as the property comes fully furnished.

As of January 2024, there are a total of 100 listings for sale in Bukit Bintang on EdgeProp, with an average asking price of RM1,255,614 or RM1,195.42 psf. For rental properties, there are a total of 35 listings, with an average monthly rent of RM3,847.62 or RM4.30 psf.

Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!