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DONE DEAL: Condominium, Concerto North Kiara, Dutamas, Kuala Lumpur

Sold for: RM1.58 million (about RM844 psf)

Concluded by: Amy Chia (REN 05534) from Big Plus Properties Sdn Bhd (012-289 7265)

When: February 2019

Noteworthy:
● Freehold
● 3+1 bedrooms and 5 bathrooms
● Built-up: 1,876 sq ft
● Partially furnished and fully fitted with kitchen appliances
● Easy access to various expressways, namely the Duta-Ulu Kelang Expressway (DUKE), New Klang Valley Expressway (NKVE) and Sprint Expressway

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Located at Jalan Dutamas Raya in Dutamas, Concerto North Kiara is a freehold luxury condominium project that consists of 440 units by BCB Bhd.

The units come in five layouts that offer 3+1 bedrooms and 5 bathrooms with built-ups from 1,707 sq ft to 2,084 sq ft, according to the developer’s website.

The project is only a few kilometers away from Publika Shopping Gallery, MATRADE Exhibition and Convention Centre, Garden International School and Mont’Kiara International School.

Amy Chia of Big Plus Properties Sdn Bhd, the negotiator who concluded the deal, shared that the buyer, who bought the unit for his own use, liked the low density living environment at Concerto North Kiara.

“Another feature that caught the buyer’s eyes was the private lift lobby to his unit offering privacy and exclusivity. Concerto North Kiara is the only project that has such a feature in the Dutamas area,” she added.

The average asking price for a unit at Concerto North Kiara was about RM1.19 million or RM631 psf, according to 95 sale listings as at Aug 26 on EdgeProp.my.

Based on the 49 rental listings on the property portal, the average asking monthly rent was RM4,205 per month or RM2.41 psf, which translates to an indicative rental yield of 3.95%.

There were four transactions at Concerto North Kiara last year (2018) with an average transacted price of some RM1.25 million or RM731 psf.

Interested to buy properties in Dutamas, KL? Click here.

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