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DONE DEAL: Office unit in Arcoris Business Suites, Mont'Kiara, Kuala Lumpur

Rented for: RM3,500 (RM2.83 psf)

Concluded by: Catherine Wong (REN 23091) (019-663 3377) of Kith and Kin Realty Sdn Bhd

When: May 2020

Noteworthy:
Built-up: 1,233 sq ft
Freehold
Semi-furnished
Comes with a garden terrace
Access to swimming pool, sauna room, gymnasium room, launderette and BBQ area
Amenities: Direct access to Arcoris Plaza’s retail and dining outlets, walking distance to shopping malls, commercial hub and international schools.

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Developed by UEM Sunrise Bhd, Arcoris Business Suites houses 262 business suites with full-fledge infrastructure complete with the latest technology and security systems. The units of various sizes are also built around voids to promote cross-ventilation and maximum natural light.

There are ample parking bays on the lower levels that lead directly to the double volume lift lobby of the Business Suites. Owners also get access to a host of shared facilities, such as swimming pool, gymnasium and launderette, as well as the retail and dining outlets at the Arcoris Plaza.

According to Kith and Kin Realty real estate negotiator Catherine Wong, the project is different from the other office buildings in Mont’Kiara because it has direct access to facilities such as swimming pool, sauna room and gymnasium room.

Meanwhile, the unit where she concluded the rental real was a unique one as the 869 sq ft office unit comes with a 364 sq ft terrace, providing a total space 1,233 sq ft.

“The tenant loves the concept of an office with its own garden terrace, which could be used as an outdoor space or balcony.

“In the Arcoris Business Suites tower, not all the office units come with garden terraces. Most of the units are pretty standard with built-up ranging from 666 sq ft to 899 sq ft. Only a handful of the units have garden terrace,” Wong tells EdgeProp.my

She adds that the landlord is an investor who has been renting out this unit since the vacant possession in 2017, while the current tenant is her second.

According to EdgeProp Research, there were three units in Arcoris Business Suites that changed hands in 2019 at an average transaction price of RM1,130 psf or RM1.03 million. No transaction was recorded in 2020.

As of mid-September, there are six units in Arcoris Business Suites listed for sale. The average asking price is RM811,066 or RM927 psf. Meanwhile, there are 13 units up for rental. The average asking monthly rental is RM3,083 or RM3.38 psf.

Interested to buy a unit in Arcoris Business Suites? Or click here for more property listings in Mont'Kiara. Click here to know more about Catherine Wong and potential good deals.

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