Freehold Land Near Klcc Jalan Damai 17 000 sqft

A rare freehold commercial land parcel strategically located along Jalan Damai, one of Kuala Lumpur’s most established and prestigious addresses, just minutes from KLCC and the Embassy Row corridor.This site presents a compelling opportunity for high-value urban development, supported by strong surrounding demand from expatriates, professionals, students, and medical-tourism users.Land Particulars;• Tenure: Freehold• Land Area: ±17,000 sq ft• Status: Commercial• Approval: Condominium approvedDevelopment PotentialThe land is suitable for a 5 to 10-storey development, offering flexibility for various commercial-led or residential concepts such as:• Boutique condominium• Serviced residences• Private college or education campus• Medical suites or specialist hospital• High-end rental residencesGiven the compact land size and premium location, this site is ideal for efficient vertical development with strong yield optimisation.Location Advantage;• Approximately 3 minutes drive to KLCC• Approximately 5 minutes to KL Ampang Elevated Highway (AKLEH)• Immediate access to Jalan Ampang, Embassy Row, and city coreSurrounded by embassies, luxury residences, serviced apartments, and international amenities, the location benefits from consistent rental demand and long-term capital appreciation.Market & Value Perspective;Comparable developments within the KLCC–Jalan Ampang corridor command:• Residential selling prices ranging RM1,200 – RM1,800 psf (subject to product positioning)• Strong rental absorption driven by expatriates and corporate tenantsWith a land size of 17,000 sq ft, the project remains manageable in scale while offering premium exit values relative to construction and land acquisition cost.Price;• Asking Price: RM16,150,000