Sri Kia Peng (also known as Sri Kia Peng Condominium) is a condominium strategically located in the heart of the KL city centre, surrounded by shopping malls, retail shops and restaurants. It is within walking distance from Petronas Twin Towers, Kuala Lumpur Convention Centre, Pavilion, Star Hill, Bintang Walk, Monorail and Putra LRT stations.
During early 1990’s, Metzler started Bunga Emas apartment project. In 1993, Econ Resources joined the project by taking up 70% of equity and the project was renamed as Sri Kia Peng. The condominium comprises of only 64 units of upscale luxury apartments.
Within Sri Kia Peng there are three different floor plans available:
The location of Sri Kia Peng is very strategic where the most exclusive commercial and up-market shopping areas, 5-Star hotels and fine food restaurants are found. Hence, the condominium is just next to the workplace and leisure hot spots of leading business and corporate executives. It is within a walking distance from, Kuala Lumpur Convention Centre (KLCC), Pavilion, Starhill Gallery, Hakka Restaurant, Eden Village, Westin KL, Marriot KL, Raja Chulan Monorail, and Bukit Bintang/KLCC LRT.
Due to the low residential density and lush unspoiled landscaping, Sri Kia Peng can be considered to be one of most favorite residential property in KL city centre. The wholesome ambiance and safe secure environment of the condominium is ideal for the enjoyment of family life at home in the city as well as for the upbringing of young children.
In spite of that, the atmosphere is also suitable for the single homeowner who simply wants his/her castle to unwind after a stressful day at work. However, the residents might face the problem of traffic congestion during the peak hour.
Recently the management company of Sri Kia Peng has under gone negotiations and in the midst of installing a high-speed broadband Internet access to further enhance the benefits of living in this community.
Sri Kia Peng provides a high return on investment. This can be evidenced in the increased of the property value from the average launched price of RM400 psf to the current value of RM600 – RM790 psf. The appreciation value is about 50%- 90% within 15 years.