A recent property listing in Kuala Lumpur has everyone asking the same question: Has the city’s real estate market lost its mind?
This tiny plot of land near KLCC has slapped on a price tag so big, it’s practically begging for attention. Spoiler alert: it got it.
Tucked away in one of KL’s most prestigious areas, the property comes with a mansion, but it’s not quite the picture-perfect home you might imagine.
Overgrown with trees and greenery, it looks more like a wild retreat than a luxury residence. Yet somehow, its location near Pavilion KL, Starhill, and the Mandarin Oriental Hotel is pushing the price to new heights—whether it deserves it or not.
So, here’s what you need to know about this listing:
Price: RM4,500 per square foot
That’s right. This patch of land is going for RM4,500 per square foot.
If you do the math (we did), it adds up to a choke-worthy RM69,783,120 for just 0.356 acres (15,057 square feet). Yes, you read that correctly. It’s almost RM70 million. For a jungle.
Reason for the high price: Prime location
Apparently, being behind KLCC is enough reason to slap on a price tag this hefty.
Sure, it’s close to Pavilion KL, Starhill, and the Mandarin Oriental Hotel, but does that really justify charging you the equivalent of a small country’s GDP?
Real estate agents say it’s all about that prime location, but you better bring a lawnmower if you want to make it livable.
The condition of the property
If you’re expecting a grand estate, you might want to take a rain check.
The mansion is surrounded by overgrown vegetation, with trees and wild greenery giving the property an untamed vibe. Some have nicknamed it a “mini jungle,” suggesting the property needs a major trim before it’s livable again.
After being shared in the Mont Kiara community, the listing caused a wave of reactions online.
Many were stunned by the price, with some pointing out the irony of paying RM69 million for a plot that looks abandoned.
Some users humorously compared the property to a jungle, while others questioned if the high price could ever be justified.
Location over condition
Despite the current state of the property, real estate experts say it’s all about location, location, location.
Being close to the heart of KL’s luxury and business districts makes the property hot property, no matter the work needed.
For buyers, the convenience of owning land in such a prime spot is worth the splurge, even if it means rolling up their sleeves to restore it.
So, there you have it. A RM69 million mini jungle in the middle of Kuala Lumpur that’s got social media in a tizzy. Whether you see it as a real estate gem or a wild pricing scheme, one thing’s for sure: it’s making waves in all the right—and wrong—ways.
