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PROPERTY SNAPSHOT What’s affordable in Mont’Kiara?

•    Looking for a place in swanky Mont’Kiara? The enclave offers condos of various sizes and prices to suit many middle class budgets.
•    In 3Q2014, the average price per square foot (psf) stood at RM685 psf while the average unit price transacted was at RM1.13 million, based on theedgeproperty.com’s analysis of transactions.
•    Based on transactions completed in the 12 months to 3Q2014, just over half — some 54% of transactions were for homes under RM1 million. Finding something below RM600,000, however, is tricky with just 4.9% of transactions in this category.
•    In absolute amount, the most expensive transacted units were at 10 Mont’Kiara (RM3.22 million), followed by 11 Mont’Kiara (RM2.72 million) and Seni Mont’Kiara (RM2.05 million).
•    The most affordable units were at Laman Suria (RM592,000), followed by Casa Kiara (RM698,000) and Vista Kiara (RM687,000).

The Analytics are based on the data available at the date of publication and may be subject to further revision as and when more data is made available to us.

Related story:
PROPERTY SNAPSHOT Mont’Kiara prices rise 7.8%


Source: theedgeproperty.com


Source: theedgeproperty.com

Editor’s note: Property Snapshot appears every Monday through Thursday beginning May 5, both in The Edge Financial Daily and on theedgeproperty.com. Every week, we will give you a quick and brief analysis of a certain section of the property market in a specific area. This daily series will be followed by a deeper analysis and focus of the particular area in The Edge Property pullout of The Edge Financial Daily on Friday. The analysis is done by theedgeproperty.com’s research team. We hope that the information you get here will benefit you.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
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