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Development land at Jalan Delima, Imbi, Kuala Lumpur

FOR SALE

Location

390m from TRX and Tun Razak Exchange MRT

Behind Indonesian Embassy

Opposite Prince Court

Sectors

The rapidly gentrifying area of Jalan Inai and Jalan Delima in Imbi is now a highly sought after area for young urbanites and for developers.

 

DBKL has zoned this area under its draft plan into an Amalgamation Area allowing higher plot ratio (above 1:4) to encourage redevelopment of the existing old bungalows, some of which are vacant and dilapidated.

 

Since 2010 many plots have changed hands, with transactions exceeding RM2000 per s f, and new shinny skyscrapers have replaced these old bungalows.

 

Today the street is almost unrecognisable and the MRT at Tun Razak Exchange has turned this area into a much more robust and active enclave than before. With the opening of the TRX Mall in November 2023, the area is now the new retail destination for Malaysians and tourists alike.

 

The Exchange 106 and Wisma TS Law are additional attractions acting as the city’s newest and most attractive beacons at night with stunning LED displays that advertise KL’s status as a world class metropolis.

 

Jalan Delima benefits from all this  and properties that are within 400 meters of the MRT are prime real estate that are the best opportunities for development into future residential or commercial towers.

 

For the next few decades, this will be the new KL, the major financial district and the most exciting of retail attraction and desirable of urban residential addresses.

In short, the perfect location in the city for redevelopment

Street View

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Title

01

Lot No.

Lot 453

02

Seksyen

67

03

Provisional Land Area

1451.762 sm (15,626 sf)

04

Category Land Use

Nil

05

Zoning

Commercial

06

District

Kuala Lumpur

07

Land Tenure

Freehold

08

Land Use Zone (Jalan Inai)

City Centre Commercial (CCC)

Amalgamation Areas Under
KL Draft Plan

Site Plan

Market Comparables

No 8 Jalan Delim,

15,109 sf

Sold Dec 2022

at RM2350 per sf 

Lot 510, Jalan Bukit Bintang

and Jalan Delima,

17,287 sf

Sold Aug 2020

at RM2854 per sf 

No 32, Jalan Jati,

15,436 sf

Sold Jun 2014

at RM3422 per sf 

No 17 & 17A, Jalan Inai,

10,140 sf

Sold Oct 2020

at RM2268 per sf 

No 12, Jalan Kamuning,

4,956 sf

Sold Nov 2016

at RM3227 per sf 

No 28, Jalan Utara,

9,950 sf

Sold Oct 2017

at RM2110 per sf 

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