rented for

RM7,000 (RM3.72 psf)

DONE DEAL: Condominium unit, Residensi 22, Mont’Kiara, Kuala Lumpur

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Developed by UEM Sunrise Bhd, Residensi 22 is located along Jalan Kiara 3 in the affluent Mont’Kiara neighborhood of Kuala Lumpur.

The freehold condominium comprises four 38-storey residential blocks that offer a total of 534 units with built-ups from 1,909 sq ft to 3,041 sq ft.

Carol Tong of Kith and Kin Realty Sdn Bhd, who has co-brokered a unit in Residensi 22 this September, said that the owner of this 1,878 sq ft fully furnished unit is a property investor who is looking for higher rental return, hence he invested on the professional interior design.

“The tenants loved the ID design and fell in love with the unit in their first viewing and rented it immediately,” Tong shared.

“For a size like this unit in Residensi 22, RM7,000 is considered a very good rental return,” she noted.

According to EdgeProp Research, 42 units of Residensi 22 were sold at an average transaction price of RM1.81 million or RM839 psf in 2019, while nine units were sold so far this year at an average price of RM2.10 million or RM881 psf.

As at mid-November 2020, there are 19 units in Residensi 22 looking for a new owner on EdgeProp.my listings, with the average asking price at RM2.11 million or RM906 psf.

At the same time, there are 45 units listed for rent at an average asking monthly rental of RM8,526 or RM3.73 psf.

Interested to buy unit in Residensi 22? Or click here for more property listings in Mont’Kiara​Click here and here to know more about Carol Tong and Catherine Wong 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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