KLCC is the prime heart of greater KL ( correspondingly the country). The high priced condos there are ultra luxurious meant for the rich and expat crowd. Prices there shot up astronomically in 2007/8 due to speculation and has since came down 20-30%. Many speculators got burnt as result.
Prices in outer areas have appreciated tremendously in last few years and have almost caught up with the prices in KLCC (which remained stagnant). Especially with the recent launching of several branded projects like 4 Seasons Place, Bayan, Le Nouvel etc at prices around 2.5k to 3k psf, I believe prices in this area has potential to be rerated upwards. Bear in mind the new projects in KLIFD/TRX which will see influx of expats...

This post has been edited by zonefinder: Feb 25 2013, 09:57 PM