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Bangsar Puteri, Bangsar

Bangsar Puteri is a freehold low density condominium. It is located on Bukit Bandaraya along Jalan Medang Serai. Its immediate residential neighbours are Sri Penaga, Menara Bangsar, Sri Kasturina, Desa Bangsar Ria and Puncak Bangsar. It is among the oldest condominiums in Bangsar, and was developed by BRDB. It was completed in 1987, about 3 years after Bangsar Shopping Centre was open for public.

Bangsar Puteri is strategically located just across Bangsar Shopping Centre. Besides that, it is also within minutes to several other shopping malls namely Bangsar Village, Mid Valley Megamall, 1-Utama Shopping Centre and Tropicana City. You can also take a short drive to entertainment and leisure hub of Telawi Streets that offers rows of bars and pubs.

There are several medical centres located within short driving distance from Bangsar Puteri, namely Ayurvedic Medical Centre, Pantai Medical Centre and Universiti Malaya Medical Centre. As for golf enthusiasts, there are KGPA and KLGC located nearby along SPRINT highway. Plus, it is also few kilometres away from Bangsar Putra LRT station and KL Sentral transportation hub.

There are various access options available for the residents of Bangsar Puteri. You can access SPRINT Highway via Jalan Maarof to head to Damansara Heights or the city centre, and alternatively you can utilize Jalan Medang Tanduk for direct access to the highway which heads toward Damansara Utama. Additionally, you can utilize New Pantai Expressway (NPE), Penchala Link and Federal Highway.

Bandar Raya Development Berhad (BRDB) is a familiar name in Bangsar properties development. Most of the successful development projects in Bangsar are the ones by the developer, including Sri Penaga, Inara and Bangsar Hill. At the moment, the developer is developing One Menerung in Bangsar and The Troika which located just a stone’s throw away from KLCC Petronas Twin Towers.

Property Details

  • Name: Bangsar Puteri
  • Address: Jalan Medang Serai, Bukit Bandaraya, 59000 Kuala Lumpur
  • Developer: Bandar Raya Development Berhad (BRDB)
  • Completion Date: 1987
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 4
  • Built-up: 1,100 sf
  • Maintenance Fee: RM0.30 psf
  • Subsale Price: RM648,000 - RM1,500,000
  • Rental: RM1,850 - RM7,000

Facilities

  • Barbecue area
  • Covered parking
  • Gymnasium
  • Playground
  • Swimming pool
  • Tennis court
  • 24-hour security

Market Trends

Analysis

Bangsar Puteri is a favorite condominium, as it is located within walking distance to Bangsar Shopping Centre. It is well located along Jalan Medang Tanduk, and has close proximity to SPRINT highway access as well. Most claimed that the environment here is peaceful and relaxing. Depending on the unit, you will have to suffer noise pollution from the cars passing by along the SPRINT highway if the unit facing the highway. But for others which are not, you will find peaceful and quiet living. This is the reason why most units posted in advertisements are those that face the highway, and transacted way below the price of the inside units.

Even though Bangsar Puteri is pretty well maintained, but it cannot hide its age. It looks run down at the moment and need refurbishment. This is one of the main reasons that potential tenants close an eye on Bangsar Puteri and choose others instead. Being in Bangsar, one has to suffer bad traffic congestion all over Bangsar. The traffic is worst during peak hours. If you utilize SPRINT Highway, you will find it more convenient to head home. But during peak hours, around 6 pm, you might also trap in the congestion along SPRINT Highway.

In terms of price movement, Bangsar Puteri was tagged from RM350 psf to RM380 psf in 2007. Then it hiked ridiculously at RM450 psf to RM600 psf in 2008, and there are plenty number of units advertised for sale as these owners were concerned about the property market in the country will crash following the global recession. Currently, it was tagged from RM314 psf.

Bangsar Puteri is a worthy investment to be considered. Due to the current economic meltdown, price will continue to drop due to the high rate of expatriates leaving the country as well as oversupply from new developments in the vicinity. There are plenty of units available in the market right now.

Find Me Good Deal @ Bangsar Puteri