Top 5 Malaysian Property Stories of 2022

From the highest transacted condominiums to the most expensive neighbourhoods, we round up five of the most popular property stories in 2022

During the pandemic, the property market took a beating not only in Malaysia but around the world. Property prices have picked up as lockdowns eased, and international and local businesses returned to normal.

In the last year, Tatler Homes worked closely with Knight Frank Malaysia to present informative and insightful property stories to assist our readers looking to buy homes or invest in property.

We looked beyond the Klang Valley to Penang and Johor, and these stories, particularly those about Penang, were well-received.

To cap off 2022, we look back at five of Tatler's most popular property stories.

1. 3 Most Expensive Neighbourhoods in Penang

Above View of Gurney Drive with land reclamation activities (Photo: iStock)

Penang has charms to spare, a balance of history and modernity, and it's not hard to see why it's a popular location to settle down in.

This and a storied culinary scene have seen the state ranked as the 1st Best Island in Asia and 3rd Best Island in the world to retire in 2021 by Travel Awaits. Penang also started 2022 with being named by CNN Travel as one of the 22 best destinations to visit in 2022.

The neighbourhoods of Gurney Drive, Seri Tanjong Pinang and Pulau Tikus were identified as the most prestigious neighbourhoods.

Read why here.

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2. 5 Best Gated and Guarded Neighbourhoods in Mont Kiara and Sri Hartamas, Kuala Lumpur

Above Mont Kiara (Photo: David Yeow)

The trinity of Mont Kiara, Sri Hartamas and Dutamas is one of the most affluent in Kuala Lumpur, with a balance of luxury, comfort, and affordability as well as the all-important aspirational appeal that signals you’ve arrived.

With a balanced population mix, it is a world-renowned address and home to residents of over 51 nationalities, four international schools, captains of industries, and an affluent mix of expats and locals.

The pinnacle of residential properties is the luxury landed, gated and guarded residences. There are many gems to be found here, but the standout buys include The Residence, Villa Mont Kiara, Kiara Hills, Duta Nusantara, and Duta Tropika.

Read why here.

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3. The Most Expensive Condominiums and Penthouses in Penang

Above Marriott Residences designed by SAA Architects (Photo: Facebook)

In land-scarce Penang island, luxury condominiums and penthouses have become a viable option even for the top-end market. This has been enabled by increased offerings, top-of-the-line design and facilities, and branded residences in the past decade.

The most sought-after location for high-end condominiums is now concentrated around the northern part of Penang island in areas such as Gurney Drive (George Town), Seri Tanjung Pinang (Tanjong Tokong), and Tanjung Bungah.

4. 3 Most Expensive Neighbourhoods in Kuala Lumpur

Above The Stories of Taman Tunku is located in Bukit Tunku, one of three of Kuala Lumpur's most expensive neighbourhoods. (Photo: David Yeow Photography courtesy of architects Studio Bikin and landscape architects Bunga Design Atelier)

A growing economy with an attractive capital value level, Kuala Lumpur has the most attractive capital values of prime residential properties (being the lowest/cheapest) compared to other significant cities regionally. The city also has the highest capital value appreciation potential amongst the states in Malaysia.

Kuala Lumpur’s strategic location delivers boundless connectivity with emerging markets in Asia and worldwide, making it the perfect regional location to grow business strategically within the region.

Living in Kuala Lumpur doesn’t necessarily mean living in the heart of the capital. Other neighbourhoods surrounding Kuala Lumpur provide a more community-oriented lifestyle; these include Bukit Tunku, Damansara Heights, and Bangsar.

Read more here.

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5. 5 Most Expensive Condominiums and Penthouses Sold in Kuala Lumpur

Above One Menerung (Photo: Knight Frank Malaysia)

Malaysia's ultra-luxury residential market is competitively priced in the Asia-Pacific region and retains exclusivity in its high-end appeal and modern designs and offerings.

Ultra-luxury condominiums and penthouses in Kuala Lumpur have been clocking groundbreaking prices year after year, and 2022 was no different. The prices of ultra-luxury properties on the uptrend include One Menerung, Serai Bukit Bandaraya, Seni Mont Kiara, The Binjai On The Park, and 11 Mont Kiara.

Read more here.

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Topics

luxury real estate property trends most expensive homes penang property kuala lumpur property