Developed by UEM Sunrise Bhd, Arcoris Mont’Kiara is a mixed development located on a six-acre land off Jalan Kiara. The development consists of two terracing blocks of 18 and 35 storeys that are linked by a landscaped central plaza.
The serviced residences (Arcoris Residences) occupy one of the blocks with unit built-ups ranging from 670 sq ft to 2,000 sq ft.
Catherine Wong of Kith and Kin Realty Sdn Bhd said the fully-furnished unit comes with one bedroom and one study area – an ideal unit for a home office.
“The property was sold with tenancy. The owner was selling it because he did not want to manage too many properties,” said Wong, who specialises in Mont’Kiara.
Meanwhile, the buyer liked that the unit was fully furnished, at the right price and came with tenancy, as he was buying for investment purpose.
According to EdgeProp Research, three units were sold in 2020 at an average transaction price of RM990,000 or RM1,116 psf compared to 34 units that changed hands in 2019 at an average transacted price of RM1.04 million or RM1,075 psf.
As at June 2021, 31 SoHo units of Arcoris Mont’Kiara were listed for sale on EdgeProp.my with an average asking price of RM923,150 or RM1,112 psf. Meanwhile, there were 66 rental listings with an average asking monthly rental of RM3,450 or RM3.70 psf.
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