Overview

Apartment
Property Type

3
Bedrooms

2
Bathrooms

1
Car Park

1394 sqft
Area Size

Description

Asset Analysis & Investment Brief: D’Pines Condominium, Ampang

Prepared for: Institutional Investors, Corporate Real Estate (CRE) Decision-Makers & Corporate Housing Procurement Specialists

Target Market: Ampang / City Fringe Submarket, Kuala Lumpur

Date: October 2026

Executive Summary & Asset Profile

D’Pines Condominium is a high-density, leasehold residential development located in Taman Nirwana, Ampang, Selangor. Completed in 2014 by Sri Seltra Sdn Bhd (a subsidiary of City Nurse Group), the development is built over a 5-acre residential footprint and comprises two 20-storey towers housing 532 units.

Positioned along the eastern city fringe of Kuala Lumpur, D’Pines serves as a mid-tier, family-oriented residential enclave and key corporate housing option for multinational corporations (MNCs), healthcare expatriates, and regional management personnel operating in the KLCC and Ampang Embassy Row corridors.

+-----------------------------------------------------------------------------------+
|                            D'PINES ASSET SUMMARY TABLE                            |
+--------------------------+--------------------------------------------------------+
| Asset Type               | High-Rise Residential Condominium                      |
| Tenure                   | Leasehold                                              |
| Land Area                | 5.0 Acres                                              |
| Total Units / Density    | 532 Units across 2 Towers (20 Storeys)                 |
| Year of Completion       | 2014                                                   |
| Unit Floor Area Range    | 1,195 sq. ft. to 2,800 sq. ft.                         |
| Primary Transport Hub    | LRT Cempaka Station (~800m) / LRT Cahaya Station       |
| Key Highways             | MRR2, AKLEH, DUKE, SPE (Setiawangsa-Pantai Expressway) |
+--------------------------+--------------------------------------------------------+

Key Investment & Operational Value Drivers

1. Macro-Connectivity & Commute Metrics

Direct Highway Arteries: Immediate ramp access to the Middle Ring Road 2 (MRR2) and Ampang-Kuala Lumpur Elevated Highway (AKLEH) enables a 10-to-15-minute commute to the Kuala Lumpur City Centre (KLCC).
Public Transit Access: Located approximately 800 meters from the Cempaka LRT Station (Ampang Line), providing direct, seamless connection to the Tun Razak Exchange (TRX) financial precinct and KL Sentral mobility hub.
Peripheral Links: Proximity to the DUKE Highway and Setiawangsa-Pantai Expressway (SPE) provides multi-directional arterial routes to Mont Kiara, Damansara, and the northern Klang Valley Industrial Corridor.

2. Micro-Location & Supporting Infrastructure

Healthcare & Expatriate Hubs: Minutes away from premier tertiary healthcare institutions, including Gleneagles Hospital Kuala Lumpur and Ampang Puteri Specialist Hospital, generating constant demand for short-to-medium term medical and administrative staff accommodation.
Retail & Amenities Density: Proximate to Lotus’s Ampang, Galaxy Ampang Mall, Great Eastern Mall, and Sunway Velocity/MyTOWN commercial catchments.
International School Belt: Positioned near Sayfol International School, the International School of Kuala Lumpur (ISKL), and Taylor’s International School, underpinning steady tenant retention for expatriate families.

3. On-Site Amenities & Security Specifications

Safety Infrastructure: Multi-tiered 24-hour security with gated perimeter fencing, card-access lift lobbies, and CCTV surveillance.
Resort-Style Facilities: Includes a 1-acre landscaped green park, large swimming pool, children’s pool, fully equipped gymnasium, sauna, squash court, multi-purpose hall, and dedicated playground facilities.

Current Leasing Inventory & Rental Metrics

D’Pines offers strong space efficiency with large-floorplate configurations relative to typical inner-city micro-apartments, making it an attractive option for corporate lease accounts seeking lower occupancy cost per square foot.

Layout Size	Configuration	Condition	Monthly Rental (MYR)	Effective Yield Metric
1,195 sq. ft.	3 Bedrooms, 2 Bathrooms	Fully Furnished	RM 2,300	~RM 1.92 / sq. ft.
1,394 sq. ft.	3+1 Bedrooms, 3 Bathrooms	Fully Furnished	RM 3,000	~RM 2.15 / sq. ft.

Corporate Mobility & Leasing Analysis

Turnkey Condition: Both available units are delivered fully furnished, minimizing upfront capital expenditure (CapEx) for tenant fitting or corporate onboarding.
Cost Efficiency: Comparative gross rental rates per square foot in the neighboring KLCC/Ampang Hilir submarkets range between RM 3.50 and RM 5.00/sq. ft., positioning D’Pines as a cost-optimized alternative for mid-level corporate housing and regional talent relocation.