Times Square 2

The development covers 0.96 acres, or approximately 0.39 hectares, on Jalan Imbi in Bukit Bintang, Kuala Lumpur.

There are 629 serviced residences, with residential units on Levels 8–39.

The Kuala Lumpur Times Square 2 (Residensi Times Square 2) project held a grand official launch and groundbreaking ceremony on May 18, 2024, and officially commenced construction thereafter.

• Official Recommendation/Construction Start Date: May 18, 2024
• Construction progress: As of April 2025, the site construction project is progressing according to plan.
• Expected completion time: Expected to be completed in the fourth quarter of 2027 (approximately October 2027).

Completion is expected in the fourth quarter of 2027. Contact us for the latest construction progress and handover schedule.

Times Square 2 combines modern interiors with shared gardens and leisure spaces. Features include high-performance coated glazing, digital door locks, basic kitchen cabinets, a cooker hood and solid timber flooring in the master bedroom.

The development has a GreenRE Gold Rating. Selected Type A and Type B units also have removable walls that allow adjoining units to be combined. Ask us about the specifications for your preferred unit.

Times Square 2 is freehold, with no fixed lease expiry date.

The master plan for Times Square 2 in Kuala Lumpur includes 15 private retail units.

According to Berjaya’s official announcement, these commercial shops span two floors and primarily feature food and beverage (F&B) and lifestyle service businesses.

• Ground Floor: The floor is planned to feature highly convenient drive-thru shops.
• The top floor (Level 41) is planned to feature a Sky Restaurant with unparalleled panoramic views.
  These shops are primarily leased, not sold, and are managed by the developer to provide apartment residents and nearby visitors with more comprehensive dining and lifestyle conveniences.

If you are interested in the business plan for this project, I can provide you with further information:

• The site is planned to connect with the adjacent Berjaya Times Square shopping mall and the pedestrian bridge connecting LaLaport BBCC.
• Details of currently open business categories (F&B / Retail Services) for tenants
• Analysis of expected daily foot traffic and customer demographics around the completed store

The Times Square 2 project in Kuala Lumpur is positioned as a luxury serviced residence, not an affordable housing project.

1. The project’s initial price was a hefty RM1,500 per square foot. In Kuala Lumpur’s property market, a price exceeding RM1,000 per square foot marks a step into the premium/luxury segment, while more affordable or mid-range properties typically range from RM500 to RM800 per square foot.
2. Although the project includes smaller units of 488 square feet, the minimum starting price is still around RM600,000 to RM688,000, while the larger 3-bedroom high-floor units cost as much as RM2.65 million. This price range is far above the Malaysian government’s definition of affordable housing (which is usually priced below RM300,000).
3. This prime location project, situated in the heart of Kuala Lumpur’s Golden Triangle at the intersection of Jalan Imbi and Bukit Bintang, boasts an extremely rare freehold title. Due to the high land costs in this prime location, developers typically create upscale residences targeting high-net-worth individuals, business professionals, and overseas investors.
4. The high-end amenities and certified building feature five-star skyscraper facilities such as a rooftop infinity pool and a rooftop restaurant with panoramic views, and have been awarded the GreenRE Gold Certification in Malaysia. Interior materials include solid wood flooring in the master bedroom and high-quality digital electronic locks, showcasing a high standard of luxury residential aesthetics.

Due to its unique positioning as a transit-oriented development (TOD), Times Square 2 in Kuala Lumpur does not use a traditional fixed ownership ratio for parking spaces and units. Instead, it adopts a “rental-basis-only” model.

This means that the project does not bundle or give away fixed-ownership parking spaces with residents’ units. Its specific operation and proportion characteristics are as follows:

1. Adhering to the principles of green development and TOD (Transit-Oriented Development), and situated next to the Imbi Monorail Station, this green building, developed by Berjaya Properties, discourages residents in the city center from owning a large number of private cars. Therefore, all parking spaces within the building are available for rental only, completely separating parking space usage rights from property ownership.
2. The flexible ratio of parking spaces to units is due to the pure leasing model, which does not tie ownership to property rights.
   • Smaller apartments (such as 488 and 678 square feet): Single professionals or short-term renters who stay there often rely on the extensive MRT network and may choose not to rent a parking space.
   • Larger units (such as 3-bedroom units): For residents with family car needs, they can apply to the property management team or through a specific quota to rent an additional number of parking spaces (such as renting 1 to 2 parking spaces).

This approach differs from the rigid ratio of “one to two parking spaces per household” in traditional Kuala Lumpur residences, and can significantly improve the utilization efficiency of parking spaces.

• A seasonal parking solution with over 4,000 parking spaces available at the neighboring Berjaya Times Square shopping mall.
• The specific stations and skybridge connections for the three main subway lines (LRT, MRT, Monorail) within walking distance of this project are as follows.
• The developer’s electric vehicle (EV) charging space plan for this project

Yes, the Times Square 2 project in Kuala Lumpur does indeed incorporate a “professional management model” similar to hotel management.
To attract investors seeking high returns, developer Berjaya has introduced a one-stop professional management service for the project, the specific operating model and features of which are as follows:

• Hassle-Free Management: This project has partnered with professional property management companies such as KAITE Property Management. The operator will be fully responsible for all hotel-style daily operations, including guest check-ins, tenant negotiations, room cleaning, and routine property maintenance, allowing owners to enjoy worry-free ownership.
• The project primarily focuses on a short-term rental/Airbnb revenue model. Due to its proximity to the Bukit Bintang core business district and MRT station, which attracts tens of millions of tourists annually, its management model is mainly optimized for the short-term rental, holiday home, and business short-term stay markets to maximize rental returns.
• Non-traditional “Branded Luxury Residences”: It’s important to note that this project is a serviced residence in terms of ownership and nature, rather than a “branded residence” directly listed and serviced by international luxury hotel chains such as Marriott or Ritz-Carlton. It utilizes a third-party professional management team designated by the developer to provide hotel-standard management and leasing services.