The market outlook for the high end condominium segment in Kuala Lumpur remains lacklustre due to the current weak sentiment as the potential buyers and investors continue to adopt a “wait and see” approach, says Knight Frank Malaysia.
In its Real Estate Highlights for the first half of 2016 issued on Tuesday, the global property consultancy said there was also a widening gap between supply and demand as well as mismatch in product pricing and affordability in the domestic market.
KL high end condominium market lacklustre
ViiA Residences
ViiA Residences at KL Eco City is part of the 25-acre KL Eco City mixed development which is situated along Jalan Bangsar and will be connected to Mid Valley City and The Gardens via a pedestrian link bridge.
Setia Sky Seputeh — The Treasure Trove of Seputeh
Tucked away from the hustle and bustle of the city is Taman Seputeh, a cosy nook between the vibrant Mid Valley City and upscale Taman Desa.
This leafy little haven is encircled by the Federal Highway, KL–Seremban Highway, New Pantai Expressway and the Sprint Highway, granting the area enviable access to a number of affluent neighbourhoods full of modern conveniences, such as Bangsar, Pantai and Damansara Heights, and the established commercial precincts KL Sentral and Mid Valley City.