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DONE DEAL: Solaris Dutamas designer suites, Kuala Lumpur

Sold for: RM1 million (RM943.40 psf)

Concluded by: May Hwa (REN 02007) of Reapfield Properties Sdn Bhd (017-249 1112)

When: June 2016

Noteworthy:
● Freehold
● 1,060 sq ft
● 2 bedrooms and 2 bathrooms
● On a low floor
● Renovated and fully furnished
● Near Publika, Plaza Mont’Kiara, Mont’Kiara International School, Matrade, Masjid Wilayah, Istana Negara and the Government office complex at Jalan Duta
● Accessible via Duta-Ulu Kelang Expressway (DUKE), Penchala Link, New Klang Valley Expressway (NKVE), Jalan Kuching and Jalan Duta

Located in Dutamas, next to Mont’Kiara, Solaris Dutamas is a freehold integrated development that comprises designer suites, shop offices and the Publika mall. The 17-acre project was launched in April 2005 and the entire development was completed around end-2009.

Solaris Dutamas has good connectivity via major routes such as the Duta-Ulu Kelang Expressway (DUKE), New Klang Valley Expressway (NKVE), Jalan Kuching and Jalan Duta.

According to Reapfield Properties real estate negotiator May Hwa, who closed the deal, the seller is a Singaporean investor.

“The buyer, on the other hand, is a Malaysian couple who negotiated with the seller and nailed down the deal at a price of RM1 million, which is lower than the current market price of RM1.06 million or RM1,000 psf,” she said, adding that demand for properties in Mont’Kiara remains strong.

The Publika mall at Solaris Dutamas is one of the most popular lifestyle spots in Kuala Lumpur, especially for its vast variety of food outlets. It also offers shopping convenience for residents at their door steps, she said.

There are 800 designer suites/serviced apartments in Solaris Dutamas with built-up sizes of 672 sq ft to 1,238 sq ft per unit.

These designer suites are housed in three blocks — Park Tower, Boulevard Tower and Urbane Tower.

According to data from TheEdgeProperty.com, there were 37 units at Solaris Dutamas that were sold at an average price of RM967,341 or RM955 psf last year.

Based on two listings on TheEdgeProperty.com, the average asking rent as at August 2016 was RM5,750 or RM4.65 psf.

Interested to buy properties in Solaris Dutamas? Click here.

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]

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