Last Freehold Project @ Bangsar South

Last Freehold Project @ Bangsar South 

*HOC Project 2019

*5 mins to Mid Valley and bangsar

*20% below market value

*high rental return

*branded furnished

*2r2b/3r2b/dual keys

*350m to train station

>Call Sheng to find out more about this new project @ 0103648478

Bangsar South is an integrated property development project in Kuala Lumpur, Malaysia. The ongoing 60-acre (240,000 m²) development is undertaken by UOA Group, which acquired the land once known as Bangsar South (South of Bangsar) back in 2005. The site is located near Menara Telekom and the Mid Valley Megamall. Other notable landmarks in the vicinity are the Angkasapuri building and the University of Malaya. Existing residential projects in the immediate vicinity consist of affordable apartments and flats such as Vista Angkasa apartments, Kampung Kerinchi and Sri Angkasa flats. The Kampung Kerinchi project will feature several modern office towers, mid- to high-end condominiums, as well as retail and commercial spaces.

In 2007, prior to construction, the developer carried out upgrading and landscaping works in Kampung Kerinchi, including the widening of the main access road and new pedestrian walkways, in attempts to rejuvenate and enhance the once unattractive area

Name change issue

The name of Bangsar South has been politicized in General Election 14 Malaysia. Politician uses the name change in political campaign to distinguish Bangsar South residents and Kampung Kerinchi residents. Politician claims Kampung Kerinchi is the original name, used by Indonesian immigrants during British Malaya, should not be changed. Some wish to have the name “Kerinchi” to be consigned to history, while some wish for “Bangsar South” to be completely erased like it was never there, politician said. Bangsar South used to be known as Kampung Kerinchi until the name was changed by DBKL in 2012 to reflect its upgraded image.

Kampung Kerinchi name supporters, which are mostly Malays majority, said ‘Bangsar South means nothing, give us back Kerinchi’. The name change has been made directly by DBKL and politician in fast track without formal consultation or cooling period from neither new Bangsar South residents and old Kampung Kerinchi residents.

Bangsar South name supporters, which are mostly Chinese minority, expressed the decision is too rush. Name change can wait, fix other issues in Bangsar South first including the traffic congestion. Estate agent said changing Bangsar South back to Kerinchi is irrational. One of the main reasons, properties in Bangsar South have been selling very well over the past few years was because of its successful branding.

The consequences of name change are:

1) Independency of DBKL – Fast track name change in 2012 and 2018 under strong political influences. Independent of DBKL as government servants to residents should be preserved.

2) Large scale name change back to original name – Possible of large scale name such as KL Sentral from original name Brickfield, Setia Alam from original name Shah Alam.

3) Rights of Resident – DBKL change the name from Kampung Kerinchi to Bangsar South under BN government in 2012 without formal consulation from Kampung Kerinchi residents. PH government changes Bangsar South back to Kampung Kerinchi without consultation of Bangsar South residents.

4) Racial gap – Kampung Kerinchi is the preferable name of Malays majority, while Bangsar South is preferable name of Chinese minority.