Property For Sale in Kuala Lumpur: 6 Interesting New Projects & Launches

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Kuala Lumpur is the capital and financial center of Malaysia, offering some of the best property investment opportunities for overseas buyers. Being an alpha city, you’ll notice that property is still surprisingly cheap, with prices similar to those in Bangkok.

In this listing article, you can read about interesting new real estate projects and launches in Kuala Lumpur. We update the article on a continuous basis, trying to give you the latest information.

If you have any recommendations or information about new projects, feel free to contact us and we will do a review.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Street View, simply zoom in the area of the marker and pull the orange colored Pegman to the marker, or nearby areas. To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2019-10-04

1. Astrea Mont Kiara

Address: Jalan Kiara 5, Jalan Kiara, Mont Kiara, Kuala Lumpur

Astrea Mont Kiara is an off-plan luxury condominium project, located in the popular area of Mont Kiara. The project is set to be finished in 2022 and is close to a number of amenities and facilities, for example, international schools, Plaza Mont Kiara, French School of Kuala Lumpur, IKEA Damansara, Jaya Grocer, and more.

Project Overview

  • Project: Astrea Mont Kiara (External Link)
  • Developer: UEM Sunrise Berhad
  • Completion date: 2022
  • Prices: Starting from RM 1,160,000 (USD 280,000)
  • Estimated yield: 6-7%
  • Type: Luxury Condominium
  • Number of units: 240
  • Amenities: Sky lounge, sky gym, yoga deck, basketball court, tennis court, Jacuzzi, BBQ pavilion, pool deck, and more

Unit Types

  • 3-4 bedrooms with 2-3 bathrooms

Unit Overview

About the Developer

UEM Sunrise Berhad is one of the biggest property developers in Malaysia that has a number of projects under its belt. The company operates internationally and in countries like Canada and Singapore, in addition to Malaysia.

In addition to Astrea Mont Kiara, you’ll find many interesting upcoming projects, especially in Mont Kiara, managed by UEM Sunrise Berhad.

Learn More About this Project

2. The Luxe by Infinitum

Address: 18, Jalan Dewan Sultan Sulaiman, Kampung Baru, 50300 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

The Luxe by Infinitum is an off-plan project located with proximity to KLCC and other tourist attractions in Kuala Lumpur. The complex has both residential and commercial units, with 3 floors of retail shops, making it a vibrant area.

You’ll find a number of international schools and universities nearby like the Open University of Malaysia and Asia School of Business.

Project Overview

  • Project: The Luxe by Infinitum (External Link)
  • Developer: Macly Equity Sdn Bhd
  • Completion date: Q3 2020
  • Price: Starting from RM 970,000 (USD 233,700)
  • Estimated yield: Unknown
  • Type: Luxury Condominium
  • Number of units: 723
  • Amenities: Sauna, swimming pool, gym, business lounge, BBQ area, 3 levels of retail shop, and more

Unit Types

  • 1-Bedroom
  • 1-Bedroom Duplex
  • 2 Bedroom
  • 2-Bedroom Loft Unit
  • 2-Bedroom Penthouse

About the Developer

Macly Group is a Singapore real estate developer and established in 1987. The company has launched dozens of projects in the past, including condominiums, commercial projects, mixed developments, and more. The company launched more than 1000 residential and commercial units between 2004-2011 in Singapore.

Learn More About this Project

3. Novum Bangsar

Address: Jalan Kerinchi Kiri 3, Kampung Kerinchi, 59200, Kuala Lumpur

Novum Bangsar is an off-plan project, set to be finished in 2019.

The project is located in the popular and strategic area of Bangsar, with proximity to many modern amenities and major highways. You can find everything from shopping malls, bars, restaurants and schools within a close distance.

Project Overview

  • Project: Novum Bangsar (External Link)
  • Developer: Eupe Corporation Berhad
  • Completion date: 2019
  • Price: Starting from RM 720,000 (USD 173,494)
  • Estimated yield: 4.5 – 5.5%
  • Type: Serviced Apartments
  • Number of units: 729
  • Amenities: Gym, Jacuzzi, sauna, swimming pool, BBQ area, playground, business center, and more

Unit Types

  • 1-3 Bedroom Units

Unit Overview

About the Developer

Eupe Corporation Bhd is a Malaysian developer with more than thirty years of experience.

The company has built more than 20,000 homes and operates in construction, hotel and golf course management, property management, and more.

Learn More About this Project

4. Aria Luxury Residence KLCC

Address: Jalan Tun Razak, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

Aria Luxury Residence is a high-end condominium project, planned to be finished in late 2019. It’s located close to major highways and with proximity to the financial areas.

The project is surrounded with amenities like Pavilion, KLCC, KLCC Park, the Royal Selangor Golf Club, and more.

Project Overview

  • Project: Aria Luxury Residence KLCC (External Link)
  • Developer: Hap Seng Land
  • Completion date: Q4 2019
  • Price: Starting RM 945,000 (USD 227,710)
  • Estimated yield: 5%
  • Type: Condominium
  • Number of units: 598
  • Amenities: Swimming pool, Jacuzzi, Kids’ play area, BBQ area, party room, and more

Unit Types

  • 1-3 Bedroom Units
  • Penthouses

Unit Overview

About the Developer

Hap Seng Land is an established property developer with more than 50 years of experience. It’s a stock listed company operating in a number of fields, including plantations, credit financing, automotive, building materials, and more.

The company manages investment properties such as Menara Hap Seng 1 and 2, Menara Citibank, Plaza Shell, just to mention a few.

Learn More About this Project

5. 3rdNvenue Jalan Ampang

Address: Kampung Berembang, 55000 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

3rdNvenue is an off-plan project, planned to be finished in 2021. It’s developed by the reputable developer Titijaya Land Berhad and located in one of the fastest growing areas in Kuala Lumpur, Jalan Ampang.

The project is located only 4 stations away from KLCC by LRT and has a number of amenities nearby, including international schools.

Project Overview

  • Project: 3rdNvenue NEU Suites (External Link)
  • Developer: Titijaya Land Berhad
  • Completion date: 2021
  • Average price: Starting from RM 300,000
  • Estimated yield: Unknown
  • Type: Condominium
  • Number of units: 2500
  • Amenities: Swimming pool, gym, Jacuzzi, sauna, yoga & aerobic, outdoor gym, BBQ dining, sky dining, and more

Unit Types

  • 2-3 Bedroom Units: Around 40 – 57 square meters

Unit Overview

About the Developer

Titijaya Land Berhad is a major developer in Malaysia and has won a number of prestigious awards over the years. The company started out in 1997 and has finished and managed many property projects since.

Learn More About this Project

6. Datum Jelatek

Address: Jalan Enggang, Off Jalan Jelatek,Taman Keramat, Ampang Jaya, Ampang, Selangor

Datum Jelatek is a high-rise condominium project located in Selangor. It consists of four different towers, all connected by a circle bridge, adding to the beautiful architecture.

The area has many amenities including hospitals, restaurants and international schools.

Project Overview

  • Project: Datum Jelatek (External Link)
  • Developer: PKNS and Worldwide Holdings
  • Handover date: 2019
  • Average price: Starting from RM 640,000 (USD 154,200)
  • Estimated yield: Unknown
  • Type: Condominium
  • Number of units: 708
  • Amenities: Basketball court, Jacuzzi, infinity pool, BBQ area, gym, kindergarten, sun deck, and more

Unit Types

  • Studio: From around 51 square meters
  • 1-Bedroom: From around 68 square meters
  • 2-Bedroom: From around 119 square meters
  • 3-Bedroom: Around 148 square meters

About the Developers

PKNS was established in 1964 and has developed both residential properties, integrated townships, golf courses, and more.

Worldwide Holdings is a nationally recognized developer in Malaysia. In addition to real estate, it’s involved in commercial properties, landfill and environmental services, medical devices, and more.

Learn More About this Project

FAQ

Below you can find frequently asked questions from property buyers, including our replies.

What are the requirements when buying property as a foreigner in Kuala Lumpur?

First of all, you have no particular issues with ownership when buying property in Kuala Lumpur. Foreigners are allowed to own property on a leasehold and freehold basis – including condos and villas.

The Malaysian government has introduced minimum investment requirements to protect the local market. Simply put, you need to pay a minimum price for property, leaving more low-and medium priced properties to the locals.

The minimum investment requirements differ by states. In Kuala Lumpur, foreigners with and without the MM2H visa need to invest at least RM 1 million per property (around USD 240,000).

Buying land as a foreigner

As mentioned, you can also get freehold ownership of land in Malaysia. This is not heard of in its neighboring countries.

There are some restrictions to land ownership, and you can normally not buy and own agricultural land and bumiputera reserved land.

Do I need to live in Kuala Lumpur if I own a property there?

No, you don’t necessarily need to live in Kuala Lumpur if you buy property there.

How high are the yields?

Kuala Lumpur has comparatively high yields, averaging at 4-5%.

New projects in places like Mont Kiara, which is highly sought after by expats, can generate leads of up to 7%.

As they normally say: “Location, Location, Location!”.

Which areas should be of interest when buying property in Kuala Lumpur?

KL has a number of interesting areas, all with unique benefits. Below I’ve listed some of the most interesting areas for overseas property buyers.

Mont Kiara

Mont Kiara is located in the Northwestern parts and popular among expats and families.

It’s considered a high-end area with luxury condominiums, commercial buildings, and many international schools.

Bangsar

Bangsar is one of the most popular areas and located close to the central districts. Travel a couple of stations with the LRT and you’re there.

The same as it goes with Mont Kiara, Bangsar is popular among expats and families, having many high-end properties.

KLCC

KLCC is a landmark of KL and the financial center. It’s a high-end area, famously known for having Petronas Twin Towers. Prices are among the highest in the city, but still affordable compared to places like Hong Kong and Singapore.

Other areas

You should also have a look at Ampang that hosts many expats. Kenny Hills, Ukay Heights, Taman Duta and Ampang Hill get increasingly popular among foreigners.

Can I get a long term visa if I buy property in Malaysia?

Another benefit of buying property, or residing in Malaysia, is that you can get hold of a long term visa referred to as MM2H (Malaysia My 2nd home).

You will be able to stay in Malaysia for up to 10 years with this visa. The basic requirement is to deposit a specific amount of money that differs depending on age. You also need to provide a medical check report.

If you possess this visa, you can enjoy lower minimum investment requirements in different parts of the countries. In Kuala Lumpur, the requirements are the same for MM2H-visa holders and non-visa holders

Other Malaysia Property Guides

Want to learn more about taxes, visas and the buying process? Check out these articles:

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