An exclusive low-rise luxury condominium, Desa U-Thant is located in one of Kuala Lumpur’s most sought-after neighbourhoods, Ampang Hilir (or known as its more glamorous moniker, the Embassy Row). The development is made up of two 3-storey blocks that house a total of 16 units only, making Desa U-Thant a very low density residential property. Other residential properties in the area include Desa Angkasa and Villa Bolton further down Jalan Taman U-Thant next to the Kenyan embassy.
Desa U-Thant sits on freehold land along Jalan Taman U-Thant and was developed and completed in 1992 by a major Malaysian property development firm, Tan & Tan. Sucasa, Cendana (on Jalan Sultan Ismail), One Jelatek, and U-Thant Residence are some of Tan & Tan’s notable projects in the past.
Units at Desa U-Thant have built-up sizes ranging from 2,443 to 3,100 sqf. Buyers have the option of choosing either 3+1 bedroom or 3+2 bedroom (Penthouse) units. Each type of unit has four bathrooms. Residents of Desa U-Thant enjoy the following facilities:
- BBQ area
- Business centre
- Jogging tracks
- Tennis court
- Mini market
- Swimming and wading pools
- Jacuzzi and sauna
- Kids’ playground
- Round-the-clock security
We checked the listings for Desa U-Thant, and as of writing, asking prices range from RM660 to RM900 PSF. These figures do not veer away much from its neighbor, Desa Angkasa, which sells from RM600 to RM800 PSF depending on unit condition and state of furnishing.
Given the low density of the development, available units are limited, and hence there seems to be abroad spread in terms of asking price. To ascertain the property’s “fair market value” (so that you don’t overpay!) use this simple valuation guide which you can download here for free.
Rental rates are from RM2.40 to RM4.80 PSF which are higher compared to that of Desa Angkasa’s rates (RM2.70 to RM3.20 PSF).
We like Desa U-Thant for a number of reasons –
- The Embassy row factor. Ampang Hilir, also known as the Embassy Row (due to the number of foreign embassies housed in the area), is one of KL’s most exclusive and affluent neighborhoods. It is a popular residential choice for businessmen and foreign Ambassadors. The neighborhood is quiet and is lined with lush greenery, which makes it attractive to investors. And the best part is, it is just a few kilometers away from the city centre. It represents a good alternative to KLCC condominiums and to a certain extent, the properties in Bangsar and Mont Kiara.
- Despite its age, Desa U-Thant is surprisingly well-kept. Many developments in the city are aging (not very gracefully we must add), and while its design does seem a little dated the place is still clean and maintained rather professionally. This does not, of course, guarantee that it will remain this way for the longer term.
- Developer reputation. We are generally fans of Tan & Tan which has been known and trusted to deliver quality projects over time. And Desa U-Thant is no exception.
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We do have a slight issue with the asking price – it certainly does not command prices as high as RM800+ PSF which pushes it up to the same level as other newer city developments – especially those in the KLCC enclave. Given its age there could be sellers who are anxious to unload a unit below market price, and to help you spot an opportunity like this we have prepared a guide on property valuation which you can download here –