Mont Kiara Pines

Jalan Kiara 1, Mont Kiara, Kuala Lumpur

About this project

Mont Kiara Pines made its mark in Mont Kiara before the latter flourished into a premium township and expatriate haven. It is even being widely regarded that the arrival of Mont Kiara Pines helped to spur the rapid development of Mont Kiara into what it is today. As the pioneer high-rise residential development, Mont Kiara Pines has the benefit of being centrally and strategically located along Jalan Kiara 1 and close to many amenities. It is developed by Sunrise Bhd (now known as UEM Sunrise Bhd). Its three blocks named Aspen, Everett and Scott houses units of spacious and straightforward layouts suitable for family living. The facilities and common areas of Mont Kiara Pines underwent a refurbishment exercise in 2008 with the addition of a miniature golf course, art galleries and water features. Location
The prime location of Mont Kiara Pines puts it close to a wide variety of amenities and facilities, most of which are just within walking distance. The Mont’Kiara International School is just adjacent to the condominiums while the Garden International School is only a few minutes’ drive away. Shopping and running errands are a breeze for residents of Mont Kiara Pines as 1 Mont Kiara shopping centre and Plaza Mont Kiara is just a short walk away, offering numerous banking, retail and dining options. The nearby KGPA, KLGC, Tropicana Golf & Country Resort and Sri Selangor Golf Club make it a golf enthusiasts’ haven. Mont Kiara Pines is accessible via several expressways, such as Sprint Expressway, New Klang Valley Expressway (NKVE), Duta-Ulu Klang Expressway (DUKE) and Federal Highway, with direct links to Kuala Lumpur city centre and various areas in the Klang Valley. Analysis
With a total of 508 units sprawled across a freehold eight-acre land, Mont Kiara Pines offers low-density living in an enviable address. When it comes to convenience and accessibility, the location of Mont Kiara Pines at the heart of Mont Kiara is almost unparalleled and is ideal for families, especially with two international schools close by. Despite its age, Mont Kiara Pines appears well-maintained as it underwent a major upgrading work in its common areas to give the development a facelift in 2008. This bodes well for investors as the fresh look, upgraded facilities and additional features will further increase the appeal of Mont Kiara Pines for renters and buyers, especially when faced with stiff competition from new high-rise developments in the area.
Property Type
Condominium/Apartment
No of block
3
No of storey
35
Total Units
508
Completion Year
1993
Beds
2 - 4 bedrooms
Built up
1216 sqft - 2820 sqft
Tenure
Freehold
Land Area
8 Acre
Transacted Price
RM 153,000 - RM 1,330,000
Asking Price (Sale)
RM 598,000 - RM 960,000
Asking Price (Rent)
RM 2,500 - RM 6,000
Maintenance Fee
RM 0.37 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 18 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
21 Feb 1207 Jan 201,432 ft²513426125,0002.4
22 Dec 1122 Oct 191,432 ft²699461340,0005.4
05 Aug 1406 Aug 191,432 ft²60857350,0001.2
18 Dec 1326 Dec 181,292 ft²736550240,0006
28 Aug 1315 Dec 181,432 ft²699545220,0004.8

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 13 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
02 Oct 1207 Oct 191,216 ft²534534--
25 Jun 1423 Oct 181,292 ft²575581-7000-
09 Sep 1307 Nov 132,368 ft²127127--

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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