Property Insight > Area Focus > Seputeh – Soaring In The Heart Of Kuala Lumpur

Seputeh – Soaring In The Heart Of Kuala Lumpur

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Bustling with a never-ending lease on life

Situated in the densely-populated heart of Kuala Lumpur, the federal constituency and township of Seputeh lies nestled comfortably within the midst of a lush green landscape and a fast-paced community. Interconnected conveniently to the hotspot areas of Kuala

Lumpur, through various modes of accessibilities and transportation, the township is a mature one and will nonetheless keep driving its population to maintain their property investments within the area.

The following areas represent the vicinities that encompass the township of Seputeh, as it is sub-divided into many smaller districts:-

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Located strategically right next to the affluent township of Bangsar, Seputeh was developed into its first housing community with Taman Seputeh in the 1970’s, inherently booming the property industry within the area as its strategic location promised, and surrounding business districts continued to develop. The town consists of real estate ranging from condominiums, apartments, terrace housing and other landed properties.

In 1978, 2-storey terrace houses in Taman Seputeh were slightly higher in prices than those in the Bangsar housing estates. James Wong, managing director of VPC Alliance (Malaysia) Sdn Bhd affirms the property landscape during Seputeh’s early years of development. “The average price transacted for a 2-storey link house in Taman Seputeh was around RM85,000, whereas a 2-storey link house in Bangsar Baru was only around RM78,000. However, today, 2-storey link houses in Bangsar Baru were transacted between RM1.5 million and RM2 million as compared to 2-storey link houses in Taman Seputeh which were transacted between RM1.25 million and RM1.5 million,” he states. Nevertheless, as the Seputeh residents are able to access the public amenities and commercial developments from the mature neighbouring township, Seputeh housing prices are still stable.

Notable developments that have attributed to Seputeh’s rise in the residential market include the conception of Mutiara Seputeh by Hunza Properties in 2009, set on 15 acres on Bukit Seputeh. Consisting of 80 3-storey semi-detached units, and a dozen 3-storey bungalows, the development boasted a protected enclave that serves a quiet, tranquil neighbourhood tucked away from high rises, heavy traffic, and pollution. The piece of land that Mutiara Seputeh is situated upon, is precious as one of the last pieces of freehold land within the city centre area, as the development was built on elevated land, with only six units per acre.

Apart from that, another prominent residential development in Seputeh that elevated its status as a residential township, is the exclusive and unique Sierra Seputeh – a gated community with 54 semidetached units and four bungalows on Bukit Robson, in Taman Persiaran Desa. These affluent units have helped increase Seputeh’s name as a modern township.

Based on market observation, there are currently only about 5% – 8% of commercial developments in Seputeh and the majority are residential units. The commercial developments include furniture sales gallery shops, Wisma YPR, My Hotel Premier, 3 old budget hotels, Petron petrol stations and a row of 3-storey shop offices along Jalan Bukit Raja, off Jalan Syed Putra. All shop offices are fully occupied.

RECENT TRANSACTED PRICES WITHIN THE AREA OF SEPUTEH

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EASY ACCESS

The inherent rise of Seputeh as a residential commercial area is due to a multitude of reasons that would contribute to its appeal for real estate migrants, property investors and first time home buyers to stake their claim within the area. Due to its central city location, the township is easily accessible via several major highways, notably:-

  1. Federal Highway
  2. New Pantai Expressway (NPE)
  3. East – West Link Expressway

Further linked by the Seputeh Komuter train station that is located right smack in the middle of Seputeh and along the KTM Komuter’s Batu Caves-Seremban line, the township is easily linked with outstation towns, bringing in further traffic from these outlying areas. Apart for that, the light rail transit (LRT) stations of Masjid Jamek and KL Sentral are situated within a short distance from Seputeh, further cementing the town’s interconnectivity within its neighbouring communities.

PLACES OF WORSHIP

The decision to place a residential investment within a chosen area also lie with the places of worship that the area possesses. Tien Ho Temple (Taman Persiaran Desa) and Sri Shamundeswari Temple (Desa Seputeh) are examples of two places of worship, catering to the Chinese and Indian dwellers and communities that reside within Seputeh’s many districts. In addition, there are a few mosques besides the famous Masjid Jamek that are situated within the vicinity as well, catering to Seputeh’s Muslim community.

SHOPPING AND COMMERCIAL HAVEN

Seputeh is also undeniably fortunate to be located in the heart of Kuala Lumpur, as the cosmopolitan city boasts many entertainment and shopping versatilities, being a solid hub of modernization within the Klang Valley. Situated just minutes away from Kuala Lumpur’s major shopping destination – Mid-Valley Megamall, the township is able to attract not only locals but expats as well, with the area being a viable tourist hotspot. With the city churning out jobs and various opportunities, it is no wonder that the area has been maximized with its property development ideals.

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TOP FOODIE JOINTS IN SEPUTEH

1. Siu Siu Restaurant – Lorong Syed Putra Kiri, Taman Persiaran Desa, Seputeh. -Tucked cozily in a corner, this Chinese seafood restaurant boasts a wide array of delicacies, with signature dishes ranging from its BBQ Char Siew, Pork Knuckle, Salted Egg Yolk and Vietnamese Fish Head Curry

2. Glasshouse at Seputeh – 7, Lorong Syed Putra Kiri, Taman Persiaran Desa, Seputeh. -Nestled comfortably in the surrounding

hilltops of Seputeh, Glasshouse is a marvel of architectural design, that is usually reserved for weddings, banquet, dinners and parties. It’s cool, laid-back and stylish interior gives a feeling of tranquility, amidst an abundance of greenery. A perfect escape from the hustle and bustle of Kuala Lumpur.

3. Kingstreet Cafe – Plaza Perabot Seputeh, Taman Seputeh, Kuala Lumpur – Situated right under the Plaza Perabot Seputeh building, Kingstreet Cafe is a delight to behold. With an extensive western decor, the interior compliments the dishes served – western delicacies with a slight Asian tinge. Well known for its deserts such as the Toasted Brioche with Pandan ice cream, customers are also treated to a well brewed cup of coffee.

4. Taishu Yakiniku Japanese BBQ – Taman Desa, Seputeh – A legendary haunt in Taman Desa, this quaint Japanese stall caters to everything Japanese your heart desires, with a stellar collection of cold cuts and fresh meat for the Japanese BBQ style it does so well.

UPCOMING/ONGOING NOTABLE COMMERCIAL PROJECTS AND DEVELOPMENTS

Two prominent developments that are currently underway in Seputeh include the following :-

1. 9 Seputeh

  • Developed by Gapurna Land Sdn Bhd, 9 Seputeh comprises of nine blocks of mixed developments, ranging from a series of serviced apartments, serviced residences, SOHO suites, and commercial centres located in the core of Seputeh.
  • Residents can expect two floors catered for outdoor and indoor activities, apt carpark provisions, state of the art architectural designs and many more affluent themed additions, to the high end development.
  • The project is scheduled to be completed in April 2018.

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2. Setia Sky Seputeh

  • Developed by S P Setia Bhd Group, Setia Sky Seputeh is an exclusive, low-density condominium development, encompassing 290 units spread across two towers.
  • The project is due for completion in quarter four of 2020.

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