Mont Kiara Palma
About this project
Living in Mont Kiara has its perks such as the convenience of walking to nearby amenities such as international schools, cafes, fast food joints and various eateries, entertainment outlets, a medical centre and lots more. Strategically located right in the centre of Mont Kiara, this condominium is served with the best of what the vicinity has to offer. Neighbourhood malls such as Solaris Mont Kiara, Solaris Dutamas, Hartamas Shopping Centre and 1 Mont Kiaraare all within walking distance. Mont Kiara Palma is well-connected via networks of highways and prime roads including Sprint Highway, New Klang Valley Expressway (NKVE), Penchala Link, Kerinchi Link, Jalan Duta, the Duta-Ulu Kelang Expressway (DUKE) and the Federal Highway. For convenient commuting, Rapid KL buses and city taxi services frequent the area. The neighbourhood is also served by three international schools, namely the Mont Kiara International School, Garden International School and French International School KL. For recreational and sports activities, there are KLGC and KGPA golf clubs, Bukit Kiara Equestrian Club, Royal Selangor Club and the 470-acre Bukit Kiara Public Park located within close proximity. Analysis
Like many older developments in the locale, Mont Kiara Palma’s exterior is showing signs of aging and it requires a fresh coat of paint and maintenance upkeep. However, what has not been affected much are its gardens and greenery, which has remained preserved in a resort-like ambience. The development is suitable for families, retirees and empty nesters because of its tranquil environment along with an abundance of conveniences nearby. Conservationists will be pleased to know that Mont Kiara Palma advocates eco-friendly practices by placing recycling bins in the refuse room of each floor. The development, albeit its age, is able to fetch rentals of RM2,900 as at end-2016, which is deemed amongst one of the few affordable options within Mont Kiara. The units offered below RM1 million are an appealing option for those who want to buy into this affluent neighbourhood but is on a budget. The one drawback is traffic congestion, a common problem faced by residents of the vibrant Mont’Kiara enclave.
Facilities & Amenities
Location

Past Transactions
Transaction Date | Address | Building Type | Floors | Lot Size | Price Psf | Price |
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Check out all transactions.
Historical Monthly Price Range & Volume
Profitability
Profitable Transactions (Limited to 5 Total of 12 Transactions)
Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
---|---|---|---|---|---|---|
26 Jun 13 | 24 Oct 19 | 1,389 ft² | 684 | 533 | 210,000 | 4 |
15 Mar 92 | 23 Sep 19 | 1,389 ft² | 778 | 248 | 735,000 | 4.2 |
22 Nov 13 | 29 Apr 19 | 1,281 ft² | 781 | 703 | 100,000 | 2 |
09 Oct 17 | 13 Feb 19 | 1,206 ft² | 830 | 697 | 160,000 | 13.8 |
22 Jun 12 | 28 Dec 18 | 1,206 ft² | 705 | 514 | 230,000 | 5 |
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 7 more profitable transactions.
Unprofitable Transactions (Limited to 5 Total of 3 Transactions)
Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
---|---|---|---|---|---|---|
30 Jun 16 | 22 May 18 | 1,389 ft² | 612 | 627 | -20000 | -1.2 |
06 Mar 12 | 02 Jun 16 | 3,218 ft² | 559 | 559 | - | - |
20 Apr 15 | 27 Apr 15 | 1,281 ft² | 662 | 675 | -17000 | -64.5 |
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%
RM 0±
Mortgage Provided by Hong Leong Bank
RM 0 ±
RM 0 psf (0 sq ft)
RM 0±
Disclaimer
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