Mont Kiara Bayu

Jalan Kiara 2, Mont Kiara, Kuala Lumpur

About this project

Mention Mont’Kiara, and the image of tall blocks stacked closely together comes to mind. This condominium haven for expatriates was the brainchild of Datuk Alan Tong, founder of Sunrise Sdn Bhd, who transformed this part of the laid-back kampung-like Segambut into one of the most sought-after exclusive enclaves in the Klang Valley. Among the first few developments that took shape there is Mont Kiara Bayu, a development by Sunrise Bhd (now UEM Sunrise Bhd) featuring a 42-storey condominium. Despite it being a fairly aged property, Mont Kiara Bayu was rated 79.8 points by the Building and Construction Authority (BCA) of Singapore, one of the highest ratings achieved by Mont Kiara condominiums. Location
Being one of the pioneer developments in the vicinity has paved the “walkability” advantage for Mont Kiara Bayu. This prime high-rise sits on the most strategic spot in the enclave and has attracted many expats as it is complemented by a comprehensive range of amenities within a walking distance. It is located just metres away from the Mont Kiara International School as well as Garden International School and Sri Inai. Families with school-going children who prefer government schools can easily drive to SJK Segambut Makmur, SMK Taman Sri Hartamas, SMK Segambut Jaya, SJK Bukit Damansara and SMK Sri Hartamas, all of which are about 3km from Mont Kiara Bayu. Daily needs and shopping conveniences can be met by walking to Plaza Mont Kiara, Solaris Mont Kiara and 1MK Shopping Mall (1km away). These commercial centres consist of rows of shops, restaurants, boutiques, a cinema and supermarkets. Golf enthusiasts will find KGPA, KLGC, Tropicana Golf & Country Resort and Sri Selangor Golf Club near the condominium. Other nearby clubs include the Bukit Kiara Equestrian Club and Royal Selangor Club. The development is easily connected to a network of highways such as Penchala Link, New Klang Valley Expressway (NKVE) and Duta-Ulu Klang Expressway (DUKE), as well as Jalan Duta and Jalan Kuching. Analysis
The development has an 85% expat population simply because of its advantages. The condo is well-maintained by SCM Property Services Sdn Bhd, a wholly-owned subsidiary of the developer. It has added value to its residents by providing free shuttle services going around Mont Kiara, Publika and even KL Sentral. There are also community centres with weekly activities for children, chill-out community centres for adults and teens as well as a 24-hour Auxiliary Police deployment in the neighbourhood. In addition, Mont Kiara Bayu has been given a new coat of paint in 2016. An added value to those wanting to stay or rent in this posh condominium is its reasonable pricing. As at end-2016, units here are being marketed at RM600psf onwards, making it ideal for first-time investors and those who aspire to be part of the Mont Kiara enclave.
Property Type
Condominium/Apartment
Total Units
398
Beds
1 - 4 bedrooms
Built up
527 sqft - 2390 sqft
Tenure
Freehold
Land Area
5 Acre
Transacted Price
RM 99,000 - RM 1,200,000
Asking Price (Sale)
RM 580,000 - RM 1,000,000
Asking Price (Rent)
RM 2,200 - RM 3,600
Maintenance Fee
RM 0.32 psf
Developer name
Sunrise

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 10 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
26 Nov 1212 Sep 19807 ft²718543130,0003.8
01 Aug 1306 Sep 171,055 ft²64159746,0001.7
09 Jun 0024 Aug 17807 ft²619176273,2004.7
15 May 0001 Aug 171,055 ft²427267168,6002.8
28 Aug 1322 Mar 161,012 ft²71263380,0004.7

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 5 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
08 Jul 1306 May 191,055 ft²578586-8000-
22 Sep 1407 Apr 152,390 ft²502502--

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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