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DONE DEAL: Condominium unit, SENI Mont'Kiara, Kuala Lumpur

Sold for: RM2.2 million (RM912.50 psf)

Concluded by: James Lai (PEA 1933) (016-311 6092) of Property Hub Sdn Bhd

When: August 2019

Noteworthy:
Built-up: 2,411 sq ft
Freehold
High floor unit
Fully furnished
Sold with tenancy agreement
3 bedrooms and 5 bathrooms
Facilities: Art gallery, tennis court, pool deck, water pavilion, Jacuzzis, Olympic-sized swimming pools.
Nearby amenities: Shopping malls, international schools, medical centre, commercial hub and offices

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SENI Mont’Kiara is a freehold luxury condominium in Mont’Kiara developed by Amatir Resources Sdn Bhd (a member of London-listed Aseana Properties Ltd). 

SENI Mont’Kiara features an art gallery, lush landscaping based on an island concept, and facilities such as two Olympic-sized swimming pools and tennis court, just to name a few.

There are also international schools, shopping malls, medical centres, F&B outlets and offices within a 5km radius of the project. The project is well connected by several highways such as the North-South Expressway, DUKE highway and Penchala Link.

Real estate agent James Lai from Property Hub Sdn Bhd who concluded the deal said the sellers were investors based in Kuantan, Pahang who were renting out the unit to an expatriate.

Meanwhile, the purchaser is a foreign property investor looking for  good rental income and capital gains in Mont’Kiara.

“The existing tenancy was the key reason the new owner took up the unit as it offers instant rental income once the transaction is completed,” he shared.

The sellers wanted to cash out and use the money for their next investment.

According to EdgeProp.my data, a total of 234 units at SENI Mont’Kiara were sold from 2015 to 2019 at prices ranging between RM1 million and RM8 million.

As at March 5, 2020, there were  61 sale listings of SENI Mont’Kiara on EdgeProp.my, with asking prices ranging between RM1.85 million (RM757 psf) and RM4 million (RM1,101 psf).

There were also 55 rental listings  with an average asking rental of RM10,500 per monthly or RM3.17 psf.

Interested to buy a unit in SENI Mont'Kiara? Or click here for more property listings in Mont'Kiara​​. Click here to know more about James Lai​ and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

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