From Dawntree Properties (a boutique developer behind Damai Suria on Jalan U-Thant) come Iringan Hijau, an upscale three-storey low-density residential condominium that sits just off Jalan Ampang Hilir. Designed with the concept of incorporating nature with the homes, Iringan Hijau’s perimeter is lined with lush greens and the buildings are designed to give the units maximum ventilation and lighting from nature. From the entrance gate to the facade of the buildings, the design is modern minimalist, living up to its vision that “less is more.” The exterior is made up of aluminum, glass, steel and wood, giving that urban tropical feel. Very, very unique.
Other residential property neighbors are Villa Ampang and Seri Hening Residence (just right opposite). The rest of its neighbors are foreign embassies, being situated in Kuala Lumpur’s Embassy Row (it is notably next to the Swedish embassy).
As for rentals, units at Iringan Hijau are leased from RM7,000 to RM15,000 while Damai Suria rental rates are from RM7,000 to RM8,500 a month. Take note that Damai Suria units are smaller than Iringan Hijau’s, and so the rental rate PSF is somewhat similar.
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Unit Configuration and Specifications
There are 26 units in all that make up the four blocks of Iringan Hijau. These blocks are sprawled on almost two acres of freehold land. Home buyers have a lot to choose from, depending on their priorities. Units are single, two-storey (duplex), three-storey (triplex) and four-storey (fourplex) and have built-up sizes from 2,615 to 5,446 sqf.
Each unit is furnished with built-in wardrobes, kitchen cabinets and baths in master bathrooms. Interior floor finishings are high quality timber, stone and porcelain tiles. The glass windows are glazed to minimize noise pollution from the busy traffic. Some units also have skylights to achieve maximum natural lighting. Besides the 24-hour security, other facilities available to residents are swimming pool, kids’ playground, gymnasium and covered carpark.
What We Think
Completed in 2009, Iringan Hijau was given the Pertubuhan Akitek Malaysia (PAM) for (Low Rise) Multiple Residential Award in 2010. Right from the outset it looked like it was designed to win awards with a rather unique concept and tasteful design.
Developer reputation is a major driver in Malaysia properties, and Dawntree seems to be somewhat thin on its portfolio – which is a shame because through Iringan Hijau and Damai Suria. Its boutique approach to real estate development may have “niched” itself which may or may not be a good thing, publicity wise.
Iringan Hijau is a sophisticated development coupled with a great concept and beautiful design. It may not have the backing of a “mass” brand, but given that it comfortably commands a premium (at a price level comparable to upper middle KLCC condominiums) it shows that there is an established demand for this development. Being low density is a plus, and perhaps a winning factor against the other condominiums in the Embassy Row or in the KLCC enclave.
We do think that the price tag of >RM1,000 PSF is fair, but this varies according to current market conditions as well as demand / supply levels. To compute Iringan Hijau’s “fair market value”, download this guide below.