Kota Kinabalu · Completed 2023
Jesselton Twin Towers for sale. The last high floors in Borneo’s tallest tower.
Floors 12 to 41 are largely sold. What remains sits on floors 42 to 52, above everything else in Kota Kinabalu, with Likas Bay, Mount Kinabalu or golf-course views. Completed 2023, already tenanted, 999-year lease, direct from developer with legal fees paid. From RM825,000.
Tallest building in Borneo, 192m | Completed 2023, tenanted | Remaining units: floors 42–52 | Legal fees + 12 months maintenance paid | 13 min to Malaysia’s 2nd busiest airport
Why KL investors are looking at this
Jesselton Twin Towers price and rental: the numbers.
Both towers have been tenanted since 2023, so rents are market, not projection. Current asking rents on the open market, against developer list prices for the remaining high-floor units:
| Unit | Developer Price From | Asking Rent | Indicative Yield |
|---|---|---|---|
| Studio 649 sf | RM825,000 | RM2,500 – 3,000 | ~3.6 – 4.4% |
| 2-bed 832 sf | RM909,000 | RM3,300 – 3,500 | ~4.4 – 4.6% |
| 2-bed 1,270 sf | RM1,254,000 | RM4,000 – 4,500 | ~3.8 – 4.3% |
| 3-bed 1,357 sf | RM1,315,000 | RM4,800 – 5,800 | ~4.4 – 5.3% |
| 3-bed 1,641 sf | RM1,518,000 | RM6,500 | ~5.1% |
| Penthouse 3,725 – 6,982 sf | RM4,656,000 | RM18,700 | ~4.8% |
Developer list prices as at 24 Jul 2026, lowest available per type; higher floors and better views cost more. Asking rents from public listings, Aug 2026. Not a guarantee of rental income.
Why Kota Kinabalu, why now
The growth is already in the numbers.
Tourism
Airport
State economy
City investment
KK2035 plan: RM4.2 billion Jesselton Docklands waterfront, new 400-bed UMS teaching hospital, Pan Borneo Highway bypasses opening 2026.
Short-stay demand
Who rents here: oil and gas professionals, medical staff from the two hospitals next door, Kinabalu International School families, and short-stay visitors. Four tenant pools, not one.
Who buys on resale: Sabah-MM2H participants (5+5 to 20-year visas, unlimited property purchases at tier threshold) and Hong Kong and China buyers, KK’s largest international market. An exit pool a KL suburban condo does not have.
Sales package
Jesselton Twin Towers sales package
Buying direct from the developer means the paperwork costs are covered. On a RM900k to RM1.5M purchase, that is a real saving a subsale seller will not match.
Remaining units qualify for a developer package that reduces the cash a buyer needs upfront. Terms are shared on request. MOT and valuation fees are borne by the purchaser. Units are sold bare. Sales Package 2.0, effective 1 April 2026. Subject to change by developer; confirm current terms and any promotions on WhatsApp.
The project
About Jesselton Twin Towers, Kota Kinabalu
Jesselton Twin Towers (JTT) is a 56-storey, 819-unit residential condominium off Jalan Bersatu, Damai, Kota Kinabalu, developed by Jesselton Properties Sdn Bhd and completed in 2023. Tallest building in Borneo at 192m. 50m lap pool, gym, sauna and steam rooms on the recreation deck; sky bar, sky garden, private dining room and library on levels 54–55 with views over Likas Bay, the golf course and Mount Kinabalu. Borneo’s first high-speed Mitsubishi lifts. Some 2- and 3-bed layouts are dual-key, which suits a split-tenant strategy.
Developer
Status
Land title
Residential strata, 999-year lease
Land area
Total units
Units per floor
Lifts
Maintenance + sinking fund
Price psf
Car parks
Unit sizes
Jesselton Twin Towers units for sale: sizes and layouts
Remaining units face Likas Bay, Mount Kinabalu, the SGCC golf course or Tanjung Aru. 832 sf 2-beds are the most liquid rental size; 1,641–1,719 sf 3-beds currently show the best rent-to-price ratio. Ask for the current stack with floor, facing and price per unit.
Common questions
Jesselton Twin Towers for sale: common questions
Jesselton Twin Towers for sale: common questions
Is Jesselton Twin Towers a good investment? +
As a landmark-asset hold, yes: completed, tenanted, Borneo's tallest, 999-year lease, and the remaining units are the top floors. Indicative gross yields on current asking rents are 4–5%, in line with or above KLCC at a lower psf. Treat capital appreciation as upside rather than the base case.
Why buy Jesselton Twin Towers from the developer instead of subsale? +
Subsale units are mostly on floors 12–41. The developer holds the remaining high floors, 42–52, with the views the tower is known for. SPA and loan legal fees and the first 12 months of maintenance are also covered by the developer, which a subsale seller will not do.
Is rental demand real, or is the building empty? +
Both towers have been handed over since 2023 and there is an active rental market with dozens of listings at RM3,300 and up for 2-bed units. The tower sits between two major hospitals, an international school and the Damai commercial hub, which drives tenant demand.
How does this compare to a KL condo? +
KLCC landmark condos transact at RM1,200–1,800 psf with trophy towers past RM3,000, yielding 3.5–5.5% gross. The remaining JTT units are RM1,070–1,390 psf at launch price with 2-bed rents of RM3,300–4,500, giving indicative gross yields of 4–5%. You are buying the tallest building in its market at a lower psf than KL's equivalent.
Can West Malaysians buy strata property in Sabah? +
Yes. Malaysian citizens can buy residential strata property in Sabah. We will walk you through the Sabah-specific SPA process; legal fees are covered by the developer.
Is Kota Kinabalu a capital-gains play or an income play? +
Treat it as income first. Rahim & Co notes KK capital values have risen faster than rents over the long term, so yields are moderating and the market is owner-occupier led. The case here is entry price versus proven rent, with the landmark status and foreign-buyer pool as the upside on exit, not a promise.
What is the tenant risk? +
KK rental demand leans on oil and gas, healthcare, education and tourism. That is broader than most single-driver markets, but oil and gas does move with commodity cycles. High-floor view units tend to let faster and at a premium to the lower floors currently on the subsale market.
Who manages the unit if I am in KL? +
We introduce you to a KK-based property manager for tenant sourcing, rent collection and maintenance, so you can hold the unit without flying in. Ask for the management fee schedule on WhatsApp.
What if I cannot fly over to view? +
We will send a live video walkthrough on WhatsApp and the full floor plan, then arrange a site visit only if you want one before booking.
What if my loan is rejected? +
The RM1,000 booking fee is refundable upon two loan rejection letters.