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DONE DEAL: Unit at Kiaraville, Mont’Kiara, Kuala Lumpur

Sold for: RM1.73 million (RM720 psf)

Concluded by: Yong Jia Jun (REN 25558) of Vivahomes Realty Sdn Bhd (016-247 2412)

When: November 2018

Noteworthy:

● Freehold
● Located in Changkat Duta Kiara, Mont’ Kiara
● Built-up: 2,400 sq ft
● Partially furnished with kitchen cabinets and wardrobes
● 3+1 bedrooms + 4+1+1 bathrooms

According to Vivahomes Realty Sdn Bhd real estate negotiator Yong Jia Jun, who concluded the deal along with Lee Jia Ying, the buyer bought the unit for his family’s own stay. One of the things that attracted the buyer was the nice view that the unit offered.

*DONE DEAL: Serviced residence at Twin Arkz, Bukit Jalil, Kuala Lumpur

*DONE DEAL: Unit at Residensi 22, Mont'Kiara, Kuala Lumpur

“The buyer liked the fact that the view they were getting of the Kuala Lumpur city skyline will not be obstructed by any other future developments. The seller on the other hand, was migrating overseas,” Yong told EdgeProp.my.

Kiaraville was launched back in 2005. The 6.7-acre luxury condominium comprises six residential towers housing 404 units with built-up sizes ranging from 1,595 to 3,500 sq ft.

The development offers a myriad of facilities including a swimming pool, jogging track, tennis court, wading pool and barbecue area. Located just opposite Solaris Mont’Kiara, it is also close by to commercial areas such as Plaza Mont’Kiara, Publika and One Mont’Kiara; and international schools such as Garden International School

According to EdgeProp.my’s data, the latest transaction at Kiaraville took place in 2Q2018. The average transacted price of the condos there was RM655 psf at that time.

Between 2012 to 2Q2018, the highest average transacted price at Kiaraville was RM795 psf (in 3Q2014).

As of March 2019, based on 121 listings on EdgeProp.my, the asking price of Kiaraville units is RM764 psf or RM2.01 million. Meanwhile, the asking rental based on 166 listings is RM3.14 psf, with an indicative rental yield of 5.8%.

Interested to buy properties in Mont'Kiara? Click here.

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
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