Bintang Goldhill, KLCC

Bintang Goldhill is a freehold condominium residing along the Jalan Tun Razak developed by Goldhill Group. It is located right next to Wisma Technip and opposite Royal Selangor Golf Club. Its immediate neighbors include The Forum , The Horizon Residences and 231 TR .

Bintang Goldhill comprises of three towers that houses 172 units ranging from 775 sf to 2,971 sf. There are 4 types of layouts available to choose from. Facilities provided include a hydrotherapy pool, gym, steam bath, laundromat and a barbecue pit on its rooftop, Surau at level 2 Block C, playground and 237 parking loads.

Bintang Goldhill is strategically located along Jalan Tun Razak within the commercial hub of Kuala Lumpur. It shares the neighborhood with many embassies such as the American Embassy, French Embassy, Indonesian Embassy and British High Commission. It is situated next door to Passage Through India, an Indian cuisine restaurant. Also, Fukuya Japanese Cuisine restaurant is located behind Bintang Goldhill that is reachable within short walking distance.

For golf enthusiasts, Bintang Goldhill is a wonderful place to reside as you can enjoy undisrupted view of the Royal Selangor Golf Club course and it is also within short walking distance to the green course. Being located right within the Kuala Lumpur Golden Triangle, one can access to plenty offices and banks. It is also within short walking distance to Prince Court Medical Centre.

There are numerous accesses to reach Bintang Goldhill. One can utilize Jalan Tun Razak that leads to Sg Besi and Mahameru highway on the other end. Alternatively, one can use SMART tunnel for faster access to Sg Besi. Also, it is nearby AKLEH (Ampang – Kuala Lumpur Elevated Highway) and KL – Putrajaya highway. Via KL – Putrajaya highway, one can reach Kuala Lumpur International Airport (KLIA) for merely 35 minutes.

Property Details

• Name: Bintang Goldhill
• Address: 239, Jalan Tun Razak, Kuala Lumpur
• Developer: Nirwana Indah (a subsidiary of Goldhill Group)
• Completion Date: May 2008
• Type: Condominium
• Tenure: {Tenure}
• No. of Blocks: 3
• No. of Storey: 20
• No. of Units: 172
• Land Area: 1 acre
• Built-up: 775 – 2,971 sf
• Maintenance Fee: RM0.48 psf
• Launch Price: RM488 psf
• Subsale Price: {Price Range}
• Rental: RM2,800 – RM8,000

Layouts

• A – 1 bedroom unit (775 sf)
• B – 2 bedrooms unit (1,047 – 1,056 sf)
• C – 3 bedrooms unit (1,485 – 1,960 sf)
• D – 4 bedrooms unit (2,971 sf)

Facilities

• Rooftop hydrotherapy pool
• Gymnasium
• Steam bath
• Cafe / restaurant
• Surau
• Laundromat
• Playground
• 237 covered parking lots
• 24-hour security with CCTV
• Smartcard access

Analysis

Goldhill Group is a Singapore-based developer company that was established since 1963. There are over 3 million square feet of commercial and retail properties, and over 1,000 residential units developed by Goldhill in its home-based country, Malaysia and Australia. It was also rewarded the 1999 FIABXI award for Commercial Development for Wisma Goldhill.

Bintang Goldhill was launched back then in 2006. Then, there was a re-launched in May 2008, as there were still vacant units, which was reportedly about 10% left. These leftover units were open for sale and rental. Prices were quoted from RM828 psf. Each unit offered came with air-conditioners for living, dining and all bedrooms, built-in wardrobes for all bedrooms and fitted kitchen. The kitchen was equipped with kitchen cabinets, refrigerator, built-in microwave, hob and hood as well as piped gas.

Jalan Tun Razak is one of the busiest roads in the country. It is the main access road for motorists to commute from Sg Besi, Cheras, Sentul, and others into the city centre. Even though the government have taken several steps to ease the traffic congestion including building the SMART tunnel, but none really solve the problem. As Jalan Tun Razak is the only access road to Bintang Goldhill, one should struggle the heavy traffic to get off as well as getting back from home. Plus, these massive vehicles also create noise and air pollutions.

Nonetheless, KLCC vicinity is packed with high-rise residential that mostly offer high-end features and modern facade. With RM488 psf for its launch price, Bintang Goldhill was a steal, as most developments within the area were priced around RM650 to RM1,000 psf. Even 231 TR, which located next-door, was priced around RM600 psf for initial buyers.

For secondary buyers, perhaps you can look for desperate owners who want to let go their unit due to the current economic downturn. If you are considering investing or occupying one of the units, avoid Type A, as its layout allows your neighbour to look into your kitchen. Plus, one should as well avoid facing the Technip Tower, as the building is very close to the condominium block.

Bintang Goldhill is a good investment option to be considered given the right time and right price. It is better than its immediate neighbors, 231 TR and The Forum. Moreover, there is huge possibility that the vacant land next to it will be developed soon, thus making Bintang Goldhill less appealing for at least 3 years.