Every now and then a condominium stands out among the rest—well, in Bangsar Peak’s case—both literally and figuratively. Why? Apart from being one of the most luxurious and sought-after condominiums in the Bangsar area, this freehold, low-density condominium is situated on the peak of a hill. Its block that comprises of 18 storeys sits on a one-acre plot, housing a total of only 39 units.
The vicinity of Bangsar is slowly becoming the playground of expatriates (well, next to Mont Kiara, that is). Bangsar has that vibe of youth, of fun, and of convenience. It’s no wonder how it has become a sought-after address, explaining the slow (but gradual) rise in numbers among condominiums being built in the area.
Living in one of the most exclusive addresses in Kuala Lumpur is definitely an added benefit when one resides at the Peak. Imagine living—literally, at the peak of a hill—in your own private space, within an exclusive location that has access to all the convenience one could ask for? That’s genius, at best.
Living at the Peak
Sure enough, residents can truly benefit from the condominium’s facilities and amenities. Aside from being built on a spectacular, the condominium also offers modern facilities that are at par (even better, I think) with luxury condominiums within the vicinity. Its limited number of units (39) guarantees privacy and exclusivity—one thing that is a rarity among condominiums being developed today.
Of course, living on top of a hill also guarantees that the condominium’s units will continue to have spectacular views of KLCC, Damansara Heights, and the condominium’s pool. There is a modern swimming pool, a gymnasium, a barbecue area, a wading pool, a clubhouse, and a children’s playground. There is also a 24-hour security system to ensure its residents’ safety at all times.
Bangsar Peak is situated next to the Cascadium (reviewed here) and Desa Bangsar Ria condominiums.
Space, Space, and Even More Space
Low-density condominiums are becoming popular, especially in KLCC. In Bangsar Peak’s case, housing only 39 units in total only adds up to the privacy of every resident. The excellent peak-of-a-hill location is the condominium’s cherry on top. True enough, the peaceful and serene environment of the condominium has attracted a lot of investors and buyers, mostly expatriates. There have been reports that when its developer, BRDB, announced units available for sale in the public back in 2006—all that’s left for sale were only three. This is extraordinary, considering the construction work for the condominium didn’t start until mid-2007. I guess the idea of living on top of a hill is really exciting for a lot of affluent people. 🙂
Bangsar Peak has 39 units, as well as two townhouses, two cabanas, and two penthouses. Standard units start between 2,950 square feet to 3,570 square feet. Townhouses measure at 5,000 square feet. Cabanas, already sized at 1,800 square feet, are Bangsar Peak’s smallest units. Penthouses and townhouses can go all the way up in terms of size at 7,000 square feet.
The High Life Comes with a Price
Investors who were able to snag a unit during the condominium’s earliest phases definitely have a lot of reasons to smile about—the Peak, continues to have large demands for its 39 units. Asking prices continued to increase, ending 2012 with about RM1,200 per square feet as its asking price. Currently, asking prices for this BRDB development are steady at around RM950 per square feet. BRDB, renowned for the Troika condominium in the KLCC enclave, definitely commands a premium as an established developer.
Want to know how to value a Bangsar Peak unit? Don’t overpay – use our handy evaluation guide here.
Excellent Location Plus a Whole Lot More
So this is what you get from a low-density condominium that offers luxurious amenities while being located on one of Kuala-Lumpur’s sought-after addresses, and constructed on the peak of a hill—pure satisfaction. Its units’ views are majestic, location dramatic, and facilities superb.
However, Bangsar is not for the faint of (and quick to anger) heart when it comes to traffic. Avoiding Jalan Ara and Jalan Maarof is suggested when traveling during peak hours, as traffic jams frequent those areas. If this can be seen only as a minor inconvenience, then it’s about time to consider investing on a Bangsar Peak unit now—that is, if there are currently available units as of this writing.
Our Final Analysis
There are a couple of things going for Bangsar Peak – a great location (there’s no more land to develop on top of Bukit Bandaraya which means that the scarcity factor is already kicking in to drive up prices), a reputable developer (Beneton Properties has got a strong portfolio in the luxury condominium space), and the low density factor. Also, Bangsar is a mature community, and a huge number of its developments is already showing its age; Bangsar Peak still looks spanking new.
Pricing wise, we do expect it to hit the RM1,000 PSF level which is already the benchmark for KLCC condominiums, but this is relatively higher even among Bukit Bandaraya condominiums. Asking prices quoted in property portals seem to fluctuate broadly, and this makes it somewhat difficult to estimate the property’s true market value. For a method on how to do this, enter your details below and we’ll send you a guide.