BUKIT KIARA MARKET STUDY

Subject property is located in Bukit Kiara in Kuala Lumpur territory. Bukit Kiara is one of

the popular residential and commercial area in Kuala Lumpur. Residential such as Taman

Tun Dr. Ismail, Desa Sri Hartamas and Bukit Kiara Residence shown that area have a big

potential to develop.

Strategic location

Proposed property are located in Bukit Kiara in Lot number 54268 and lot number 54265

which is a slope property. Located in north of Bukit Kiara Equestrian and northwest Pusat

Sains Negara give a beautiful panoramic in the landhills especially in the sunrise and

sunset. Property have a strategic location in Bukit Kiara even located in landhills.

PROPERTY AREA

Surrounding area

Property subject is surrounding by large residential area such as Taman Tun Dr. Ismail and

Bukit Kiara Residence. This are reflect that area is suitable for residential development and

also mix-used development.

Probable buyer

Existing residential majority are from medium cost housing and above. Of course

devepoment in this area will attract buyers from middle class to upper class.

Safety issue

From DBKL officer, this area have safety issue which is about landhill area. From

terrain/contour plan maximum height in this property subject is 200 meter – 240 meter.

Safety issue will be the biggest threat to residential after property completion. Geotechnical

study (EIA), Slope Investigation are required before make any development in this area.

Land Use

From DBKL ‘Draf Pelan Bandaraya Kuala Lumpur 2020’ this area zoning as open space

after making many research. That why this area doesn’t have any plot ratio and density

because DBKL already gazette open space.