The KLCC enclave is becoming bigger and brighter with each passing year, as condominiums begin to fill its hip and busy district. There might be a “glut” in the recent years, but we here at KLCCcondominiums.my remain bullish about KLCC’s prospects. 🙂 The “Zone A” part of KLCC (northern to the Twin Towers and around Persiaran Hampshire) has always been a hot area when it comes to KLCC property, and Hampshire Park is perhaps the “numero uno” development in this zone.
Click here(and scroll down if needed) if you are looking for property listings for Hampshire Park.
Hampshire Park has been one of the KLCC enclave’s pioneers — it’s been standing since 1999. With Tan & Tan manning the field, it goes without saying that the condominium is in good hands; Tan & Tan is as premier as it gets when it comes to property development in Kuala Lumpur, and there’s rarely a dud in its distinguished portfolio. With developer reputation becoming a strong driver among Malaysia buyers, properties by branded developers will continue to have an upper hand in the secondary market for the time to come.
Since its completion in 1999, Hampshire Park has been seeing a steady rise in residents, as well as asking prices (see below for pricing chart). No wonder more and more investors have had their hands on this property for a long time now, and with the continuing development of KLCC, it seems to be a good choice most of the time. We’ll investigate more in this review.
Layout, Structure & Hampshire Park Prices
Hampshire Park is a two-tower building built on freehold land. These two blocks house a total of 194 units, with units measuring from 1,809 square feet to a staggering 6,000 square feet. These units have access to the best views of the KLCC skyline. Nearby condominiums are the Hampshire Place, 2 Hampshire and the exquisite Panorama.
Investors and residents who were able to own a unit during the condominium’s early phases were definitely lucky, as its price per square feet way back in 2003 was only RM525. By mid-March in 2006, prices went up, steady at RM 670+ to RM700 per square feet until November 2007. Prices went as high as RM800 back in 2009. Listed price by December 2012 was at RM750+ per square feet.
This chart below (updated periodically) shows the average asking prices as culled from multiple data sources.
It is interesting to note that historically Hampshire Park has always been priced at a premium (on a PSF basis) versus its neighbour 2 Hampshire; this is due to a couple of reasons which we outlined in the “Insider Gossips” section in the 2 Hampshire review page (click here to go).
KLCC: The Address for Fun and Everything Else
We all know why the KLCC address is a very sought-after one — it’s simply the place to be. In busy Kuala Lumpur, everything you need is definitely found in KLCC, whether it is a great restaurant, or a fabulous shopping experience, or a quick drink to end the day.
The condominium is neighbouring a lot of restaurants that will surely excite the food fanatic. Come take your fill of what’s good at the Rasa Sayang restaurant, The Deccan, Nandos, Madam Kwan, Euro Deli Grill, or at the Old Town Kopitiam. Nearby malls would have shopping addicts busy—Suria KLCC, The Pavilion, Sungai Wang Plaza, and Starhill are all malls that are within a five-minute walk.
If nightlife is your thing then you won’t be disappointed. Located near the condominium is the entire stretch of Jalan P Ramlee—a very busy street for very busy night wanderers who would want to dance and drink the night away. Zouk, the famous nightout spot for both expats and locals, is located along Jalan P Ramlee.
Going to KLCC is easy, as public transport is readily available. The KLCC Putra LRT is only situated a few metres away. Buses and cabs frequent the area, always ready to pick up passengers going to and from the city.
Map & “Walkability” Information
Our partners at GoodPlace.my have computed “Walkability Scores” for KLCC properties (more information here); Hampshire Park scores 76, which is middle-of-the-range as far as KLCC properties are concerned. The GoodPlace Walkability Score (GWS) ranges from 0 (lowest) to 100 (highest), and is a weighted metric based on the proximity of a property to amenities such as restaurants, clinics, schools and transportation points. You can download the KLCC Walkability Map here (it’s free).
Use our interactive map below to check where the closest amenities to the Hampshire Park are.
[poiautomap address=”Hampshire Park Kampung Baru Kuala Lumpur Federal Territory of Kuala Lumpur” zoom=”15″]Hampshire Park[/poiautomap]
Perks of Living at the Hampshire
Like many condominiums in the KLCC enclave, the Hampshire does not disappoint with its amenities and facilities for its residents. There is a swimming pool, a tennis court, a gymnasium, a sauna, a business centre, and a barbecue are exclusively for residents. Covered parking is also available, and there is also a 24-hour security roving around the area to ensure maximum security for the condominium.
In our opinion, you really can’t go wrong with Tan & Tan, as its property resume can only list successful properties developed throughout the years, notably the G Residence and the Park Manor. With Hampshire, they have pioneered modern living in one of the best places to live in Kuala Lumpur.
However, this being said — one has to know the traffic situation near the area. Since the condominium is between Jalan Ampang and Jalan Tun Razak—slated as two of the most congested roads in Kuala Lumpur—it’s very, very likely that one would get stuck in a traffic jam for hours during busy times. These killer traffic jams would let you move at a snail’s pace for minutes—we estimate a wait time of 10 minutes for each kilometre. Phew…
If one could bear the traffic jams, everything looks good on paper—might as well give it a shot now when its prices remain low(ish) as compared to other condominiums in the KLCC enclave. If you’d like us to do some research for you on the available listings and the average asking prices then leave us a message here at our DealFinder page. This service is free. 🙂