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Goodpark Development Sdn Bhd · Malaysia

18 Madge Onsen Suites

18, Jalan Madge, U-Thant, Kuala Lumpur

Bedrooms

3 – 8 Bed

Type

Apartment

Payment Plan

1% of SPA booking fee (non-refundable); developer covers SPA & Loan Agreement legal fees; units sold bare (unfurnished) except showroom units

Handover

Delivered 2022 (CCC issued April 2022)

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Land Size

0.836 acres, freehold

Total Units

50 units, 1 tower, 10 storeys + 3 basement levels

Completion

Delivered 2022, CCC issued April 2022

Ceiling Height

11 feet (3.3m)

Maintenance Fee

RM0.55 psf, inclusive of sinking fund

Architect

Veritas Architect

Unit Sizes

Types A / A1 / A2 (ground & standard floors)2,238 – 3,003 sq ft (3 Bed + Maid’s Room)

Types C / C1 / B / D / E (standard floors)2,238 – 2,787 sq ft (3 Bed + Maid’s Room)

Types F / G / H / I (Level 8)3,713 – 4,316 sq ft (4 Bed + Maid’s Room + AV Room)

Penthouse A (Type J, duplex, Levels 9–9A)~13,820 sq ft combined (8,460 + 5,360 sq ft) — 6+ bedrooms incl. 2 junior masters, multiple guest rooms

Penthouse B (Type K, duplex, Levels 9–9A)~14,917 sq ft combined (8,072 + 6,845 sq ft), close to the factsheet’s stated 14,813 sq ft ceiling — 8 bedrooms incl. 2 junior masters, multiple guest rooms

At a Glance

Rare onsen-themed wellness facilities for KL: Japanese onsen jacuzzi spa and onsen foot spa
Located within the U-Thant embassy enclave, among KL’s most prestigious addresses
Private lift lobby for every unit (except the ground-floor unit)
Genuinely completed and delivered (CCC issued April 2022) — not off-plan
Two duplex penthouses (Types J & K) spanning Levels 9–9A, up to ~14,900 sq ft combined

About this project

18 Madge Onsen Suites is a 50-unit boutique freehold condominium on Jalan Madge, within Kuala Lumpur’s U-Thant embassy enclave — widely considered one of the city’s most prestigious addresses, surrounded by consulates, embassies and diplomatic residences. Completed in 2022 (CCC issued April 2022) on a single 10-storey tower with 3 basement car park levels, the development is anchored by a rarity for KL: an onsen-themed wellness deck with a Japanese onsen jacuzzi spa and onsen foot spa alongside its infinity lap pool, wading pool and sauna. Every unit has its own private lift lobby, and the tower tops out in two duplex penthouses (Types J and K) spanning Levels 9–9A.

Interior, fully-furnished — click to enlarge

Amenities

Wellness & Fitness

Japanese Onsen Jacuzzi Spa & Onsen Foot Spa
Infinity Lap Pool & Wading Pool
Fully Equipped Indoor Gymnasium & Sauna Room

Dining & Social

Resting Deck & BBQ Area

Family & Kids

Children’s Playground

Security & Access

Smart Card Access, CCTV & 24-Hour Security Guard

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Genuinely Completed 2022 — Two Distinct Prices Reconciled, Not Merged

Unlike most listings on this platform, 18 Madge is genuinely delivered: the developer’s own factsheet states "Completed 2022, CCC by April 2022" in plain text, independently corroborating the target date rather than requiring an assumption from a passed deadline — shipped as completed, not near-handover. The source pack’s "Show unit photos" folder structure itself corroborates this: several unit types (A2, D) are labelled "Sold out" and Type E "Sold" with 2022-dated photos, while others (B, C) carry undated recent photos with no sold marking, and a "Sales Kit" file dated 250920 (20 Sep 2025) confirms the developer is still actively marketing remaining inventory more than 3 years post-completion — consistent with a slow-moving, ultra-luxury boutique stock rather than an active off-plan sales run. PRICING: two genuinely different price points exist in the source material and are both reproduced rather than merged. The user-supplied quick facts give a current asking price "From RM2.26 million (approx. RM1,020 psf)" with a specific recent comparable (the 2,787 sq ft Type D show unit sold at RM3,253,842 nett) — used as priceFrom. Separately, the Floor Plans & Specifications PDF’s own legally-required developer disclosure footer states the original launch-era price as "RM2,688,800 (Min) – RM17,847,600 (Max)" against a developer license validity window of 24/06/2020–23/06/2021 — a higher, older figure, most plausibly explained by a post-completion price reduction on hard-to-move high-end inventory (common for boutique KL luxury product several years after handover), though this reconciliation is a reasonable inference, not independently confirmed. UNIT MIX: the 2,238–14,813 sq ft factsheet range initially looked implausible for a 50-unit, 10-storey tower until the Level 9/9A duplex penthouse pages (Types J & K, each spanning a "Lower" and "Upper" floor plan sheet) were found and summed — confirming the top of the range is 2 genuine duplex penthouses, not a data error.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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About the Developer

Goodpark Development Sdn Bhd

Goodpark Development Sdn Bhd (Co. No. 99464-A) is a wholly-owned subsidiary of KSL Holdings Berhad (Co. No. 511433-P), a Bursa Malaysia Main Market-listed developer established in 2000 and headquartered in Johor Bahru — known for large Iskandar Region townships, KSL City, and a full-service hotel and resort, with an expanding Klang Valley footprint. 18 Madge Onsen Suites, completed in 2022, is Goodpark’s boutique high-end condominium project in the U-Thant embassy enclave of Kuala Lumpur.

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Starting from

MYR 2.3M

Standard 3-Bedroom (2,238 – 3,003 sq ft, Types A–E)from MYR 2.3M

Level 8 4-Bedroom (3,713 – 4,316 sq ft, Types F–I)from MYR 3.3M

1% of SPA booking fee (non-refundable); developer covers SPA & Loan Agreement legal fees; units sold bare (unfurnished) except showroom units · Handover Delivered 2022 (CCC issued April 2022)

Malaysia — Market Yield Range

4% – 9% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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Developer-Direct Pricing

Same price as booking through the developer — zero resale markup.

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A single point of contact from reservation through to handover — no chain of resellers.

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