We all love the idea of peering into luxury homes. But the lifestyles of the rich and the famous don’t just stop at residential properties! Commercial property is also part of the crazy world of expensive property deals in Malaysia.
At PropertyGuru, we’ve been deep in the archives of Malaysia’s real estate industry, looking at extravagant property deals to find the most expensive residential property transactions in Malaysia.
Then, we thought: As an added crazy-rich Asian twist, let’s also take a look at some of the commercial properties worthy of this list!
Wanna know where the best luxury mansions are, and how much were the biggest commercial deals that took place?
We’ve got it all covered, with data from the Valuation and Property Services Department’s (JPPH) National Property Information Centre (NAPIC) showcasing deals over RM10 million in Malaysia in the second half of 2021.
Get ready for joy, shock, and jealousy, as we dive into 10 of the most expensive residential and commercial properties in H2 2021.
Top 5 Most Expensive Residential Homes In Malaysia
Let’s get sucked into the delights of Malaysia’s high-value residential real estate scene! Where can you find the most expensive luxury mansions and jaw-dropping residential property deals in Malaysia? Here are five of them:
1) 4-Storey And Above Detached House At Taman Duta, Kuala Lumpur
Price: RM30 million
Property Type: 4-storey and above detached house
Location: Taman Duta
Region: Kuala Lumpur
Land area/Built-up area (sqm): 3,351
Tenure: Leasehold
One of the most prestigious and affluent neighbourhoods in Kenny Hills, Taman Duta’s exclusivity and secludedness exudes sheer wealth from every single brick and tile. It’s no wonder that a 4-storey and above detached home fetched a price of RM30 mil!
Surrounded by nature and a breathtaking view to boot, the residents of Taman Duta are privy to plenty of upscale choices – from shopping to healthcare, education, lifestyle, and more. Coupled with easy access to the Kuala Lumpur City Centre, this neighbourhood is every millionaire’s dream come true.
2) 3-Storey Detached House At Pantai Hill, Kuala Lumpur
Price: RM14.35 million
Property Type: 3-storey detached house
Location: Pantai Hill, Bangsar South
Region: Kuala Lumpur
Land area/Built-up area (sqm): 900
Tenure: Freehold
Situated in the populous area of Bangsar South straddled between Kuala Lumpur and Petaling Jaya, Pantai Hill is made up of predominantly high-rise condominiums. Fortunately, there are hidden, landed gems too – such as this beautiful three-storey detached home worth RM14 mil.
Serene, comfortable, and wonderfully accessible, each development features unique designs with one overarching idea: to provide a peaceful living environment for its residents. Complete with amenities and facilities just a short drive away, Pantai Hill is a wholly inclusive place to unpack your suitcase at.
3) 2-Storey Detached House At Kenny Hills, Kuala Lumpur
Price: RM14 million
Property Type: 2-storey detached house
Location: Kenny Hills
Region: Kuala Lumpur
Land area/Built-up area (sqm): 2,509
Tenure: Freehold
Back to the joys of Kenny Hills for this amazing property at the bargain price of RM14 mil. This two-storey detached is one of just two houses in Kenny Hills that sold for a price of over RM10 mil in 2021 according to data from JPPH.
You should know the drill on Kenny Hills by now – and why it’s consistently making this list. It’s a truly affluent area with stunning residential properties and a highly coveted address that everyone has to write on your birthday cards. Except it’s probably more likely they’re hand delivered by helicopter at this price.
4) 2-Storey Detached House At Damansara Heights, Kuala Lumpur
Price: RM13.70 million
Property Type: 2-storey detached house
Location: Damansara Heights, Bukit Damansara
Region: Kuala Lumpur
Land area/Built-up area (sqm): 1,203
Tenure: Freehold
Damansara Heights is the height of affluent residential living in the heart of Kuala Lumpur. And for just RM13 mil you could get your hands on a stunning luxury two-storey detached home in what some people refer to as the ‘Beverly Hills of Kuala Lumpur’. This may well be one of the most expensive houses in Malaysia in 2021.
Not only do residents of this stunning neighbourhood benefit from the reputational excellence of their postcode, they’ve also got access to all the joys of inner city life with simple connectivity and accessibility to the treats of downtown KL.
5) 1- To 1-1/2-Storey Detached House At Kenny Hills, Kuala Lumpur
Price: RM13.50 million
Property Type: 1- To 1-1/2-storey detached house
Location: Kenny Hills
Region: Kuala Lumpur
Land area/Built-up area (sqm): 3,172
Tenure: Freehold
Just how affluent is Kenny Hills? Well, affluent enough to be featured twice in this list, that is! This time, it’s a spacious 1 ½ storey detached home selling at RM13 mil. Here, you can always count on wide living spaces to fulfil all your wildest dreams.
Popular between opulent expats and locals alike, Kenny Hills joins the ranks of other prestigious neighbourhoods such as Mont Kiara, Bangsar, and Damansara Heights. Of course, a visit to Kenny Hills would be nothing without popping by its namesake bakery-café – Kenny Hills Bakers.
Top 5 Most Expensive Commercial Properties In Malaysia
If those houses look like big money spends to you, wait until you feast your eyes on commercial deals! The deals below represent five of the highest value commercial property transactions in Malaysia in 2021.
1) Shopping Complex At Lebuhraya Darulaman, Bandar Alor Setar
Price: RM750 million
Property Type: Shopping complex
Location: Bandar Alor Setar
Region: Kedah
Land area/Built-up area (sqm): 25,780
Tenure: Freehold
In the town of Alor Setar, Kedah, this eye-watering RM750 million property deal represents a huge investment for the state as one of the most anticipated up-and-coming malls.
Commercial shopping complexes are a major part of Malaysia’s retail landscape, and a multi-billion Ringgit industry that has a long history of high-value investment. Comprising retail and lifestyle outlets, this 25,780 sqm shopping complex is poised to be a major attraction for locals and out-of-towners.
2) G Tower At Kuala Lumpur
Price: RM739.80 million
Property Type: Grade A+ corporate office tower
Location: Kuala Lumpur Golden Triangle
Region: Kuala Lumpur
Land area/Built-up area (sqm): 7,315
Tenure: Freehold
Situated on the intersection between Jalan Ampang and Jalan Tun Razak, the eye-catching price tag of RM700mil attached to G Tower is befitting of its premium status and location. Fun fact: it’s also one of the most sought-after corporate buildings in Kuala Lumpur.
The 30-storey office tower carries MSC Status and a Green Mark Gold Certification, with an intelligent building management system, high-speed lifts, and RFID-technology card system. Located next to the Ampang Park LRT station and with easy access to all major highways, a unit at G Tower is a strategic investment for large companies and businesses.
3) The Gardens South Tower At Mid Valley City @ Kuala Lumpur
Price: RM391.50 million
Property Type: Purpose-built office
Location: Mid Valley City
Region: Kuala Lumpur
Land area/Built-up area (sqm): 39,240
Tenure: Leasehold
Shopping, offices, and public transport: Garden South Tower has them all! One of the most popular shopping malls and office buildings in the Klang Valley, the South Tower is conveniently attached to the upscale Gardens Mall with linked walkways to the Abdullah Hukum LRT and Mid Valley KTM stations.
A well-planned location for employees to travel to and fro the office to the greater Klang Valley, this office space measuring close to 40,000 sqm is perfect to house up-and-coming big businesses and brands looking to make their mark in the industry.
4) Purpose-Built Office At Jalan Sultan Ismail, Kuala Lumpur
Price: RM190 million
Property Type: Purpose-built office
Location: Jalan Sultan Ismail
Region: Kuala Lumpur
Land area/Built-up area (sqm): 2,036
Tenure: Freehold
Running diagonally through KL’s city centre, Jalan Sultan Ismail is a prestigious hotspot that forms part of Kuala Lumpur’s Golden Triangle. Most notably, businesses who set up shop here enjoy the perks of being in a prime area frequented by locals and tourists alike.
Fetching a price of RM190 mil for a 2,036 sqm office space, a unit here is a valuable investment in Kuala Lumpur’s top commercial spot. Surrounded by renowned buildings, lifestyle amenities, and excellent connectivity, it’s practically a steal!
5) Hampshire Place Residence At Kuala Lumpur
Price: RM180.60 million
Property Type: Purpose-built office
Location: Off Jalan Tun Razak
Region: Kuala Lumpur
Land area/Built-up area (sqm): 42,692
Tenure: Freehold
Integrated with residences, office spaces, and commercial amenities, Hampshire Place is a highly-coveted development for home, work, and play. Set in the heart of Kuala Lumpur, this office space measuring 42,692 sqm presents a wonderful opportunity for businesses to establish themselves in the city.
Not only does the building graded A, but it’s also GBI-certified, stylishly designed for optimum comfort, and is part of the crème de la crème of office towers in the neighbourhood.
Making the most of your own property opportunity
Multi-million Ringgit property deals might be out of the window for you, but this list shows how hard work and a whole lot of financial planning has delivered some truly breath-taking property deals in Malaysia’s real estate market.
Big-ticket deals represent the foundation of everything from stunning luxury bungalows through to the next generation of super-exciting shopping malls.
If the money is being spent, then there’s room to build and grow. That’s great for investment, and great for the economy.
Just because you’re not ready to buy a shopping centre, or a house in Kenny Hills just yet, doesn’t mean you can’t create your own luxury property experience.
