In this video, join Rui Hoe up in the sky as he takes a private helicopter ride to gain a better perspective on the greater Kuala Lumpur real estate development scene.
Taking off from Subang we head straight to the Sg Buloh MRT Depot, and will fly along the upcoming Sungai Buloh-Kajang MRT Line (est. completion year 2017) to KL City Center. We will circle around downtown and then fly back to Subang.
Excerpted from Jay’el Lord’s insights:
Sg Buloh is a heavy industrial area and it looks like a mess. Across the main road separates Sg Buloh & Kota Damansara. 2 very different names and with very big differences. But before reaching Kota Damansara, you see a huge massive 3000 acres of forest reserve (used to be) which is the RRI (Rubber Research Institute). There’s no Master Plan for it but 2 MRT stations are planted in the middle of the forest. Hhm.. Something MUST be cooking that we don’t know.
Entering into Kota Damansara, the view here is fantastic – low rise area with 4000 acres of matured developments & a multi racial catchment. Today 500,000 call it home and it’s there you can see the eye catching “JL’s next investment” project.
Looking at Kota Damansara MRT Station, there’s SEGI University College, Sri KDU International School and Tropicana a Medical Centre making me ponder if the “CENTRAL OF GRAVITY” of Kota Damansara is shifting towards Kwasa Damansara in the future.
Flying further along the MRT alignment we will see Dataran Sunway, the current “CBD” of KD. F&B, banking, convenient stores etc, all basic needs, can be found here including 3 golf courses!
Further up we reach the Award winning township by “Mutiara Damansara” by Boustead Holdings Bhd and we see IKEA, TESCO, The Curve, E- Curve, Ikano Power Centre, Kidzania, Royale Bintang Hotel.
On our right is the all time famous “One Utama Shopping Centre” which is currently the largest mall in Malaysia and fifth in the world. Right in front of One Utama we have Bandar Utama MRT Station and after it, we have Damansara Uptown.
Uptown is One of the busiest commercial district because Sterling Mall will soon be in operation, expect property prices & rental within the area to increase. Tropicana City Mall is here as well & the residences on top of the mall are asking approximately RM1100-1200psf. Seems like anything which is on top of shopping mall today is selling above RM1000 psf.
WHY? Because it is “LIMITED EDITION” property with its own identity that is considered “IRREPLACEABLE” which a landmark within that specific suburban together with good rental that ultimately derive the property value.
Cutting into Sprint highway Taman Tun (TTDI) we head towards Phileo Damansara corporate offices & Eastin Hotel. Then we reach Semantan area which will host the next “Pavillion 3″ & the famous Twin Tower Residence by Guoco Land. This is the Pusat Bandar Damansara central and linking into the famous and prestigious address “BANGSAR” that leads to Mid Valley at the end of Jalan Maarof main road.
The MRT line will cut through PBD, Semantan and all the way to KL Sentral – a mega development by the master planner MRCB that took almost 10 years to complete.
A little Further down we can see Bukit Bintang MRT Station. Bukit Bintang is like the Orchard Road of Singapore, Shibuya of Tokyo or Causeway Bay of Hong Kong. We call it the “Golden Triangle”.
Btw, can u see where IKEA is? Anyway we can’t finish talking about KL. If we talk about it, we need to go building by building, square inch by square inch.
Before we end this, know that all these SUPER BRANDS like Banyan Tree, St Regis, W Hotel, Four Seasons, Harrods Residence, Kempinski, are coming into town. If the real estate market is crashing or slowing, why would these SUPER BRANDS comes in together at the same time?
Special thanks to Jay’el Lord – Facebook: https://www.facebook.com/lordjayel/
Please note that opinions, real estate practices, prices and data changes over time, so keep in mind the date when this video was published as the information could have become irrelevant over the past days, months and years.