The median sale at Desa Pandan, Kuala Lumpur, Malaysia is RM 365,000
Overview
As one of the older townships in Kuala Lumpur development landscape, Desa Pandan contains a healthy mix of homes, from low-cost apartments to posh high-rises. The latter is home to many expatriates as it is alongside the well-known Embassy Row. Perfect for suburban living, it covers the right distance from the hustle and bustle of KL business district but close enough to enjoy both luxury and affordable amenities right by the doorstep.
Due to its strategic location, many new and upcoming developments surrounding the area have been announced. Among the high profile ones are the redevelopment of old government quarters which were built before World War II on Jalan Cochrane and.the city’s new financial district, Tun Razak Exchange (TRX).
The redevelopment of 60 acres of land located south-west of Desa Pandan is divided into two parcels: a 36-acre tract near Kampung Pandan and 24 acres near Jalan Peel. It will create a thriving commercial hub which will inadvertently raise values to an area considered relatively tailing behind the rapid developments in KL city.
TRX is positioned to be a global trade and financial centre constructed with world-class designs and the highest conformity to sustainable practices. The prominent commercial hub is expected to impact Kampung Pandan positively, besides its other surrounding areas of Bukit Bintang and Pudu.
Amenities and facilities
As Desa Pandan is a self-sustaining township, the residents are spoilt for choice when it comes to upmarket retail stores, restaurants, cafes, banks and convenience stores. Lifestyle infrastructure in the area includes three prestigious clubs, namely Royal Selangor Golf Club, Royal Selangor Polo Club and Raintree Club. Two of the best private healthcare facilities in Malaysia, Gleneagles Hospital and Prince Court Medical Centre and the government owned Hospital Ampang are within a short distance. SMK Cochrane (formerly known as SMK Jalan Cochrane or Cochrane Road School) is a secondary school in the area.
Another major appeal in Desa Pandan is the opening of IKEA’s second store. Built on 12 to 15 acres of land, the integrated development includes a shopping mall as well as residential apartments and hotels. Together with Ikano Corporation shopping complex, it spans 23 acres, almost two times bigger than its 13.06-acre counterpart in Mutiara Damansara.
Taman Tasik Ampang Hilir is a park with a huge lake located just behind Jalan Ampang, near the upcoming G-Residence development in Desa Pandan. Opened about five years ago, it can also be reached by Jalan Ampang Hilir and MRR2. This park is a perfect spot for residents to enjoy the city’s skyline.
Accesibility and transportation
Several major roads and highways makes Desa Pandan a highly accessible location. They include Jalan Ampang, Jalan Tun Razak, Ampang KL Elevated Highway (AKLEH) and Middle Ring Road 2 (MRR2).
The newly completed Cochrane MRT Station will provide a seamless link to public transportation.
Properties for sale in Desa Pandan
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3 beds
2 bath
RM 350 psf
1485 sqft
Properties for rent in Desa Pandan
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Past Transactions
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Rent and Sale Prices in Desa Pandan
| Bedrooms | Sale Price | Monthly Rent | Rental Yield |
|---|---|---|---|
| 1 | RM -- | RM -- | -- |
| 2 | RM 875,572 | RM 3,041 | 4.17% |
| 3 | RM 777,171 | RM 3,333 | 5.15% |
| 4 | RM 1,710,417 | RM 7,112 | 4.99% |
| 5 | RM -- | RM -- | -- |
Price per Square Foot
| Sector | Price Psf (Non Landed) | Price Psf (Landed) |
|---|---|---|
| Area Average | RM 500 | RM -- |
| State Average | RM 476 | RM 510 |