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Top 15 Most Expensive Neighbourhoods in Malaysia

PROPERTY REVIEWS

Written by Fazrina Fezili

When it comes to luxury homes and high-end living, certain locations consistently stand out. These areas are widely recognised as the most expensive neighbourhoods in Malaysia, where property prices are supported by strong long-term demand, limited land supply, and prime locations.

Based on the most recent nationwide residential transaction data, this article highlights the Top 15 most expensive neighbourhoods in Malaysia for buying property. The ranking focuses on actual purchase prices, not asking prices, and covers key markets such as Kuala Lumpur, Selangor, Penang, and Johor.

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How the Most Expensive Neighbourhoods in Malaysia Are Identified

To identify the most expensive neighbourhoods in Malaysia, the analysis focuses on real market behaviour. This includes:

  • Median transacted price
  • median transacted price (psf)
  • Dominant property type (landed or condominium)
  • Supply levels and ownership turnover
  • Long-term pricing consistency

The emphasis is on established residential neighbourhoods rather than new launches that may show temporary price spikes. This approach reflects how property values perform over time.

Why Some Neighbourhoods in Malaysia Remain Expensive

Across Malaysia, the most expensive neighbourhoods tend to share similar characteristics. These factors explain why prices remain high even during slower market cycles.

  • Freehold land with very limited supply
  • High concentration of landed homes and bungalows
  • Prime locations near city centres or waterfronts
  • Mature neighbourhoods with strong reputations
  • Low transaction volume, indicating strong holding power

Top 15 Most Expensive Neighbourhoods in Malaysia 

1. Bukit Tunku (Kenny Hills), Kuala Lumpur

Bukit Tunku is widely regarded as the most expensive neighbourhood in Malaysia. Located just outside Kuala Lumpur city centre, it offers privacy, greenery, and very large land plots.

Kenny Hill is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Kenny Hill is RM 13,250,000 with a median transacted price of RM 731.65 per sq. ft.

Most properties in Bukit Tunku are luxury freehold bungalows, many of which are owned by business leaders, diplomats, and high-net-worth individuals.

  • Median transacted price for Kenny Hill is RM 13,250,000
  • Property type: Luxury bungalows

Property prices in Bukit Tunku are driven mainly by scarcity and exclusivity rather than market speculation.

Property in Bukit Tunku (Kenny Hills)

2. Bukit Bandaraya, Bangsar, Kuala Lumpur

Bukit Bandaraya (part of Bangsar) records high median prices for landed homes  strong evidence it is one of the most expensive neighbourhoods in Malaysia for buyers seeking landed houses. Transaction data shows median psf and median prices reflecting premium demand

Bukit Bandaraya Area B is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Bukit Bandaraya Area B is RM 2,050,000 with a median transacted price of RM 966.76 per sq. ft.

  • Median transacted price for Bukit Bandaraya Area B is RM 2,050,000
  • Property type: Landed houses and bungalows

It remains one of the most expensive residential areas in Kuala Lumpur.

Property in Bukit Bandaraya, Bangsar

3. Damansara Heights (Bukit Damansara), Kuala Lumpur

Damansara Heights has long been associated with luxury living. Its location between Kuala Lumpur and Petaling Jaya makes it highly accessible. Thus, Damansara Heights shows very high median bungalow transaction prices and high psf for landed stock. Recent transaction trackers record median bungalow prices in the multi-million ringgit range, confirming it as one of the top expensive areas to buy house in Malaysia.

Damansara Heights Bukit Damansara is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Damansara Heights Bukit Damansara is RM 3,825,000 with a median transacted price of RM 689.01 per sq. ft.

  • Median transacted price for Damansara Heights Bukit Damansara is RM 3,825,000 
  • Property type: Bungalows and semi-detached homes

The neighbourhood consistently appears among the most expensive neighbourhoods in Malaysia.

Property in Damansara Heights

4. Ampang Hilir (U-Thant Area), Kuala Lumpur

Ampang Hilir, particularly the U-Thant enclave, is known for embassies and luxury condominiums close to KLCC. This enclave combines embassy presence and elite high-end condominiums near KLCC. Luxury condos in Ampang Hilir register high psf and record top condo transaction values supporting its place among Malaysia’s most expensive neighbourhoods.

Kawasan Jalan Ampangampang Hilir is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Kawasan Jalan Ampangampang Hilir is RM 1,670,000 with a median transacted price of RM 633.43 per sq. ft.

  • Median transacted price for Kawasan Jalan Ampangampang Hilir is RM 1,670,000 
  • Property type: High-end condominiums

This area records some of the highest condominium prices per square foot in Kuala Lumpur.

Property in  Ampang Hilir 

5. Desa Sri Hartamas, Kuala Lumpur

Desa Sri Hartamas is popular among professionals and expatriates due to its lifestyle amenities and connectivity. 

Desa Sri Hartamas is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Desa Sri Hartamas is RM 1,900,000 with a median transacted price of RM 1,153.70 per sq. ft.

  • Median transacted price for Desa Sri Hartamas is RM 1,900,000
  • Property type: Landed homes and terraces
Property in Desa Sri Hartamas

6. Sri Hartamas (Overall), Kuala Lumpur

Sri Hartamas remains one of the most expensive neighbourhoods in Malaysia, supported by stable demand and limited new supply. Sri Hartamas (including Desa Sri Hartamas) remains a high-value suburb for both condos and landed homes. Recent portal listings and transaction summaries show strong median prices, confirming it as a consistent expensive area to buy house in Malaysia.

Taman Sri Hartamas is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Taman Sri Hartamas is RM 1,832,500 with a median transacted price of RM 883.70 per sq. ft.

  • Median transacted price for Taman Sri Hartamas is RM 1,832,500
  • Property type: Condominiums and landed homes
Property in Sri Hartamas (Overall)

7. Setia Alam, Selangor

Setia Alam stands out as one of the most expensive neighbourhoods in Selangor. Its pricing is driven by township planning, facilities, and landed housing supply. Setia Alam is a master-planned township with premium precincts that command high pricing for landed houses. While not all Setia Alam subzones are top-tier, the premium pockets and bungalow/semi-D segments are priced strongly in Selangor’s upscale bracket. Portal transaction summaries confirm this.

Bandar Setia Alam is a township/project located in Petaling, Selangor. The median transacted price for Bandar Setia Alam is RM 889,500 with a median transacted price of RM 532.41 per sq. ft.

  • Median transacted price for Bandar Setia Alam is RM 889,500
  • Property type: Semi-detached and bungalow homes
Property in Setia Alam, Selangor

8. Taman Tun Dr Ismail (TTDI), Kuala Lumpur

TTDI is one of the most in-demand residential areas in Kuala Lumpur due to its central location and low turnover. TTDI is a mature, low-supply landed neighbourhood. Transaction trackers record median landed prices in the mid-million range and strong psf evidence TTDI is among the most expensive neighbourhoods in Malaysia for landed buyers. 

Sri Ttdi is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Sri Ttdi is RM 564,000 with a median transacted price of RM 499.02 per sq. ft.

  • Median transacted price for Sri Ttdi is RM 564,000
  • Property type: Landed homes
Property in Taman Tun Dr Ismail (TTDI)

9. Seri Tanjung Pinang, Penang

Seri Tanjung Pinang is one of the most expensive neighbourhoods in Penang, especially for waterfront condominiums. As Penang’s premium waterfront neighbourhood, Seri Tanjung Pinang has luxury seafront condos with high transaction values. Portal listings and transaction pages confirm premium pricing placing it in the national top list of most expensive neighbourhoods in Malaysia outside KL. 

Seri Tanjung Pinang is a township/project located in Timur Laut, Pulau Pinang. The median transacted price for Seri Tanjung Pinang is RM 1,550,000 with a median transacted price of RM 1,057.62 per sq. ft.

  • Median transacted price for Seri Tanjung Pinang is RM 1,550,000
  • Property type: Luxury condominiums
Property in Seri Tanjung Pinang, Penang

10. Mutiara Damansara, Selangor

Mutiara Damansara combines residential living with strong commercial infrastructure. Mutiara Damansara commands premium prices because of its strong infrastructure and landed stock. Transaction pages and township insights show it has high median prices compared with surrounding PJ suburbs.

Mutiara Damansara is a township/project located in Petaling, Selangor. The median transacted price for Mutiara Damansara is RM 1,430,000 with a median transacted price of RM 891.53 per sq. ft.

  • Median transacted price for Mutiara Damansara is RM 1,430,000
  • Property type: Landed homes
Property in Mutiara Damansara, Selangor

11. Bangsar (Overall), Kuala Lumpur

Bangsar remains one of the most expensive residential neighbourhoods in Malaysia due to its lifestyle appeal and strategic location. Beyond Bukit Bandaraya, Bangsar overall remains high value because of its location, lifestyle and landed/condo mix. Market data and listing trends support Bangsar’s status among expensive areas to buy house in Malaysia.

Bangsar Baru is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Bangsar Baru is RM 2,017,500 with a median transacted price of RM 825.30 per sq. ft.

  • Median transacted price for Bangsar Baru is RM 2,017,500
  • Property type: Condominiums and landed homes
Property in Bangsar, Kuala Lumpur

12. Kuala Lumpur City Centre (KLCC)

KLCC records some of the highest property prices per square foot in Malaysia, mainly driven by luxury condominiums. KLCC condos and service residences often post some of the highest psf in Malaysia due to view, location, and prestige. EdgeProp and portal project pages show KLCC as high psf submarket, a core part of luxury property Malaysia.

  • Average buying price: Around RM1.29 million
  • Property type: High-rise luxury condominiums
Property in Kuala Lumpur City Centre

13. Mont’ Kiara, Kuala Lumpur

Mont’ Kiara is well known for its expatriate community and international schools. Mont’ Kiara is the main expat condo hub. Transaction data shows premium median prices and high psf for top condos, supporting Mont’ Kiara’s ranking among Malaysia’s most expensive neighbourhoods for buyers of high-end condos.

10 Mont Kiara is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for 10 Mont Kiara is RM 3,600,000 with a median transacted price of RM 991.26 per sq. ft.

  • Median transacted price for 10 Mont Kiara is RM 3,600,000
  • Property type: Condominiums and serviced residences
Property in Mont’ Kiara

14. Horizon Hills, Iskandar Puteri, Johor

Horizon Hills is Johor’s most established gated community. Horizon Hills is Johor’s established gated luxury township. Listings and local market pages show landed homes here sell in the high range for Johor, making it a regional high-value neighbourhood for buyers crossing the causeway.

Horizon Hill is a township/project located in Johor Bahru, Johor. The median transacted price for Horizon Hill is RM 1,100,000 with a median transacted price of RM 528.86 per sq. ft.

  • Median transacted price for Horizon Hill is RM 1,100,000
  • Property type: Landed homes
Property in Iskandar Puteri

15. Tanjung Tokong (Including Gurney Area), Penang

Tanjung Tokong remains a premium coastal neighbourhood in Penang. Tanjung Tokong and nearby Gurney Drive areas hold premium condo stock with sea views; transaction/licensing pages and portal listings confirm sustained high prices in Penang’s prime coastal submarkets.

Gurney Height is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Gurney Height is RM 499,000 with a median transacted price of RM 365.49 per sq. ft.

  • Median transacted price for Gurney Height is RM 499,000 
  • Property type: Condominiums and apartments
Property in Tanjung Tokong

Market Insight: What This List Tells Us

  • KL dominates: Most of the top expensive neighbourhoods are in Kuala Lumpur or Greater KL (Damansara Heights, Bukit Tunku, Bangsar, TTDI, Mont’ Kiara, KLCC). This matches portal transaction data. 
  • Landed beats high-rise: Landed homes (bungalows, semi-D) in mature enclaves often show higher absolute prices than condos. Transaction medians for landed stock in Damansara Heights, Bukit Tunku and Bangsar confirm this. 
  • PSF varies: High psf is common for KLCC and some Mont’ Kiara condos; high absolute price is common in Bukit Tunku and Damansara Heights. 

 

Understanding the most expensive neighbourhoods in Malaysia helps buyers and investors see where long-term property value is concentrated. These locations are not driven by hype, but by strong fundamentals such as land scarcity, established reputation, and consistent demand.

For anyone researching luxury homes or analysing high-value residential markets, tracking real transaction data remains essential when making property decisions.

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