#Exclusive* One Kiara Tower A 80% sold

PETALING JAYA:  Tower A of One Kiara, the luxury twin-tower condominium development by Monday-Off Development Sdn Bhd in Mont’Kiara, Kuala Lumpur has achieved 80% sales since its soft launch in early April.  This is despite concerns of an oversupply of high-end high-rise homes in the area.

Marketed by Henry Butcher Malaysia Realtors (PJ) Sdn Bhd, the freehold project with an estimated gross development value of RM500 million comprises two towers (Tower A & B) of 41-storeys each. There are 118 units in each block.

Henry Butcher Realtors’ executive director, Lenna Liew said the majority of buyers were local homebuyers.

She said the development has not been affected by what some claim to be an oversupply of  condominiums in Mont’Kiara.

“It is a very niche development. Every condominium unit is served with its own private lift. There are only four units per floor,” Liew told theedgeproperty.com.

The maiden development by Monday-Off is on a 3.25-acre site on jalan Kiara 3 next to the Garden International School. Standard units have sizes from 2,174 sq ft to 2,756 sq ft and tagged from RM1.65 million a unit.

Tower B is expected to be launched in October and the whole development is expected to be completed sometime in April 2013.

“The developer is equipping the units with “5-star” fittings including by Kohler and Hans Grohe. All bedrooms are fully fitted with air-conditioners and built-in wardrobes,” Liew added.

One Kiara comes with facilities such as an Olympic-length swimming pool, an 18-hole putting green, tennis, badminton and basketball courts, five karaoke rooms, a coffee terrace and a 6,000 sq ft panoramic viewing deck on the 39^th floor of each block.

The developer is also offering a 10:90 financing scheme to purchasers upon signing of the sale and purchase agreement.

An aritist's impression of the One Kiara condominium development in Mont'Kiara