The Binjai on the Park: KLCC's Park-Front Benchmark, 171 Freehold Residences Facing the Twin Towers
AI-generated artist's impression- 171Freehold residences on KLCC Park, 2-3 per floor
- RM2,037 psfMedian transacted price, last 48 months
- ~4.1%Gross yield, 3-bed, asking rent ÷ asking price
The Binjai on the Park trades at a median of about RM2,037 psf on recorded deals over the past four years, per EdgeProp, while owners on PropertyGuru were asking RM4.5 million to RM23 million in October 2026, mostly RM2,000 - 2,600 psf. Its appeal is the outlook: two freehold towers of 44 and 45 storeys on the edge of the 50-acre KLCC Park, built by the group that master-planned the Petronas Twin Towers.
Key facts: 171 residences, two or three to a floor, completed at the end of 2008; an entry ticket of about RM4.5 million; and a gross yield of about 4.1% on a 2,228 sq ft three-bedroom.
The Binjai in brief
| Address | Persiaran KLCC, off Jalan Binjai, beside the Kuala Lumpur Convention Centre and KLCC Park |
| Developer | Layar Intan Sdn Bhd, a subsidiary of KLCC (Holdings) Sdn Bhd |
| Architect | Allen Jack + Cottier (Australia) |
| Towers | Two, of 44 and 45 storeys |
| Residences | 171, including 14 penthouses |
| Tenure | Freehold |
| Completion | End 2008 |
| Typical sizes | About 2,228 sq ft to 3,757 sq ft, with penthouses from about 5,600 sq ft |
| Maintenance fee | RM1.10 psf |
KLCC Holdings is the parent of Bursa-listed KLCC Property Holdings, the real estate arm of Petronas. The Binjai, in other words, shares its provenance with the Twin Towers, Suria KLCC and the park itself.
The residence: why it reads as a luxury benchmark
Very few neighbours per floor
EdgeProp reported in 2010 that Tower A has two residences per floor, at a standard 3,703 sq ft, and Tower B three per floor, at about 2,200 sq ft and 3,218 sq ft. Each residence opens from a private lift lobby.
With 171 homes across two towers, the density is a fraction of a typical city-centre condominium. That is what buyers at this level pay for: privacy, quieter lifts and shared facilities that are rarely crowded.
Specified as a trophy building
At launch, The Binjai was specified well above the market of its day. EdgeProp listed Burmese teak floors in the bedrooms, Gessi bathroom fittings, centralised chilled-water air-conditioning, central vacuum and an automated waste disposal system.
StarProperty notes it was described at launch as the most expensive condominium in Malaysia. In June 2010, a 14,300 sq ft triplex penthouse on the 42nd floor of Tower B sold for RM38 million, about RM2,660 psf, according to EdgeProp.
Facilities
Residents have a lap pool and wading pool, a gymnasium, sauna and spa, tennis and squash courts, a lounge and function room, and a concierge.
The address: facing the park, not the traffic
Most KLCC towers look at other towers. The Binjai looks across KLCC Park, the 50-acre garden designed by the Brazilian landscape architect Roberto Burle Marx, with the Petronas Twin Towers behind it. Upper-floor listings describe unblocked views of the park, the Twin Towers and KL Tower.
That outlook cannot be built out, because the park is the centrepiece of the KLCC master plan. Residents can cross the park on foot to the Twin Towers, and listings mention a buggy service.
The towers sit next to the Kuala Lumpur Convention Centre and just over 1 km from Suria KLCC, according to EdgeProp. PropertyGuru places Conlay MRT station about 400 metres away, with Persiaran KLCC and Ampang Park stations nearby.
The life is close at hand: Avenue K, Aquaria KLCC, Dewan Filharmonik Petronas for an evening concert, Prince Court Medical Centre, and the embassies along Jalan Ampang and Jalan Tun Razak.
The numbers: what it costs today
On 21 October 2026, PropertyGuru carried 148 sale listings at The Binjai. A representative selection:
| Layout | Size | Asking price | Asking psf |
|---|---|---|---|
| 3+1 bedrooms | 2,228 sq ft | RM4.49M - 4.99M | RM2,015 - 2,240 |
| 3+1 bedrooms | 2,906 sq ft | RM6.95M | RM2,392 |
| 3+1 bedrooms | 3,218 sq ft | RM7.99M | RM2,483 |
| 3+2 bedrooms | 3,628 - 3,703 sq ft | RM8.9M - 10.4M | RM2,453 - 2,859 |
| 3+2 bedrooms | 3,757 sq ft | RM7.7M | RM2,050 |
| 4+2 bedrooms, private lift | 4,800 sq ft | RM11.0M | RM2,292 |
| Penthouse, 4+1 bedrooms | 5,629 sq ft | RM14.0M | RM2,487 |
| Duplex penthouse, 5+2 bedrooms | 7,298 sq ft | RM23.0M | RM3,152 |
Transacted prices sit lower. EdgeProp records a median of RM2,037 psf over the past 48 months, within a range of RM1,600 - 2,205 psf, and a historical high of RM4,614 psf for a 6,501 sq ft unit in January 2013. PropertyGuru’s data shows transacted psf rising from about RM1,600 to RM2,131 between 2023 and 2025, an increase of roughly 33%.
Three observations:
- Asking prices sit around 10-25% above transacted prices. That is normal for a building with few units and long holding periods. Owners at this level are rarely forced sellers, and PropertyGuru recorded only two sale transactions in the past twelve months.
- The entry ticket is about RM4.5 million. That keeps the buyer pool narrow and the register of owners select.
- Views command the premium. High-floor park-facing units ask RM2,600 - 2,900 psf, while lower or side-facing units of a similar size ask closer to RM2,000.
Rents and yield at The Binjai
On the same date, PropertyGuru carried 40 rental listings. Asking rents start at RM14,000 a month:
| Layout | Size | Asking rent per month | Asking rent psf |
|---|---|---|---|
| 3+1 bedrooms | 2,228 - 2,250 sq ft | RM14,000 - 17,000 (most RM15,000 - 16,000) | RM6.3 - 7.6 |
| 3+1 bedrooms | 3,218 sq ft | RM23,000 | RM7.1 |
| 3+2 bedrooms | 3,703 sq ft | RM26,000 | RM7.0 |
| 4+1 bedrooms | 2,900 sq ft | RM30,000 | RM10.3 |
The most recent published lease, an EdgeProp Done Deal from April 2021, was RM14,000 a month for a 3,700 sq ft unit. Asking rents for comparable space have risen markedly since the pandemic.
A 2,228 sq ft unit asks from RM4.49 million; at the EdgeProp transacted median of about RM2,037 psf it is worth around RM4.54 million. At RM15,500 a month, the gross yield is about 4.1% on either basis (4.14% on the RM4.49 million asking price, the higher of the two), before maintenance, furnishing, vacancy and tax.
That is a solid return for a trophy building, where buyers pay first for the address, the space and long-term capital preservation.
How The Binjai compares with KLCC’s other trophy towers
The Binjai’s recorded median of about RM2,000 psf sits below the newest branded residences in KLCC. In our TRX vs KLCC vs Bukit Bintang comparison, Four Seasons Place traded at RM3,425 psf in 2026.
The difference reflects age and branding rather than location. The Binjai is nearly 18 years old and carries no hotel brand, but it offers larger floor plates, fewer residences per floor and a direct park outlook that newer towers on the KLCC perimeter cannot match. A branded new tower offers hotel services and the newest specification; a park-front building offers more space per ringgit and an outlook that will not change. Our guide to KLCC new launches for 2026 covers the newer alternatives.
Against other Asian capitals, the space reads generously. Our KL vs Asia radius maps show that RM5 million buys about 3,043 sq ft near KLCC, against 372 sq ft in Hong Kong, 665 in Singapore and 699 in Tokyo. Our overview of luxury housing in Kuala Lumpur 2026 places The Binjai within the wider prime market.
What to weigh
- Age. At nearly 18 years, the specification is of its era; budget for renovation on units that have not been refreshed.
- Liquidity. Two sale transactions in twelve months means patient selling, on either side of the deal.
- The view is the asset. Pay the premium only on units that hold the park outlook.
Our view
The Binjai shows what holds value at the top of the KL market over time:
- An outlook that cannot be built out, in this case a protected park.
- Low density, with two or three residences per floor and private lift lobbies.
- A credible master developer, here the group behind KLCC itself.
- Freehold title in the city centre.
- Walkable access to retail, offices and transit.
For a buyer who wants space, privacy and a view that will never close, it remains one of the most complete addresses in KLCC.
These are the tests to apply to any new luxury project. Tun Razak Exchange, a short drive south of KLCC, was planned on the same principles: a single government-backed master developer, a 10-acre rooftop park and the city’s only MRT Line 1 and Line 2 interchange inside the district. Its newest homes also rent harder: TRX Residences achieves asking-rent yields of around 5%. Read why TRX is Kuala Lumpur’s new prime address and our guide to TRX new launches for 2026.
Frequently asked questions
Who developed The Binjai on the Park?
Layar Intan Sdn Bhd, a wholly owned subsidiary of KLCC (Holdings) Sdn Bhd. It is the group behind the Petronas Twin Towers and KLCC Park.
Is The Binjai on the Park freehold?
Yes. The Binjai on the Park is freehold, as PropertyGuru, EdgeProp and current listings record.
How much does a unit at The Binjai on the Park cost?
Asking prices in October 2026 start at about RM4.5 million for 2,228 sq ft and reach RM23 million for a 7,298 sq ft duplex penthouse, mostly RM2,000 - 2,600 psf. Recorded transactions over the past four years have a median of about RM2,037 psf.
What is the rent at The Binjai on the Park?
Asking rents start at RM14,000 a month for a 2,228 sq ft three-bedroom, with most around RM15,000 - 16,000. Larger units ask RM23,000 - 30,000.
What is the rental yield at The Binjai on the Park?
About 4.1% gross on a 2,228 sq ft three-bedroom, at RM15,500 a month against the RM4.49 million asking price. That is before maintenance, furnishing, vacancy and tax.
How many units are there?
171 residences across two towers of 44 and 45 storeys, with two or three units per floor.
Can foreigners buy at The Binjai?
Yes, subject to Kuala Lumpur’s RM1 million minimum price for foreign buyers and state consent. Every unit here is well above that threshold. See our foreign buyer guide for taxes and costs.
Register for a private viewing
If a low-density, master-planned address is on your brief, we are arranging private previews of a new private residence launching in TRX in Q4 2026. Register for a private viewing to receive details first.
This article is general market information, not investment advice. Asking prices and rents are from public listings on 21 October 2026 and may change; transacted figures are from the sources listed.
Cover: The Binjai on the Park towers beside KLCC Park, with the Petronas Twin Towers at dusk. AI-generated artist's impression.