Kiara Designer Suites

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Jalan Kiara 3
  • District / Planning Area
    Mont Kiara
  • Completion
    2007
About Kiara Designer Suites

In the affluent residential enclave of Mont’Kiara, high-rise developments are a dime a dozen and residents have a string of options at their fingertips. Among them is Kiara Designer Suites, a 29-level condominium located close to the Garden International School, which offers relatively good accessibility via major expressways. Developed by Sunrise Bhd (now known as UEM Sunrise Bhd), Kiara Designer Suites houses 12 layout types to offer versatility to different needs and preferences. A highlight of this residential development is the 14 “cabana” suites located at the recreational deck fronting the swimming pool. Its exterior appearance does not hold many frills, focusing instead on delivering a sleek and contemporary architecture and design concept across the property. Like its basic but straightforward residential units, Kiara Designer Suites does not offer a long list of amenities, but is not short of the key facilities. Kiara Designer Suites is served by myriad amenities nearby, such as shopping centres, restaurants, bars, retail outlets, banks, clinics and laundry services catered to locals and expatriates alike. The Garden International School and Mont'Kiara International School are also a hop and a skip away, making it ideal for families with young children. In terms of connectivity, Kiara Designer Suites is conveniently accessible via the Sprint Expressway, NKVE, Duta–Ulu Klang Expressway (DUKE) and Federal Highway, each offering direct links to Kuala Lumpur city centre and various areas in the Klang Valley. With the emergence of new high-rise developments which feature fancy and sophisticated design concepts, Kiara Designer Suites may appear slightly austere. However, there is beauty in simplicity as the layouts offer flexibility and practicality while the façade remains timeless even years after its completion. Developed by Sunrise Bhd, which has held a solid track record, Kiara Designer Suites assures residents of quality finishes and workmanship – factors that make up for the lack of landscaping in this three-acre real estate. While the roads leading to Kiara Designer Suites were once lined with squatters, these settlements are gradually making way for new high-rise residences which surround the development, effectively pushing the appeal and prices up to bring satisfactory capital and rental yields to investors.

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Profitable Transactions (Limited to 5 Total of 24 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
12 Nov 1009 Apr 181,259 ft²794540320,0005.3
28 Jul 0902 Nov 171,098 ft²633437215,0004.6
08 Aug 1105 Jun 171,259 ft²60357240,0000.9
02 Jan 0912 Apr 171,098 ft²701392340,0007.3
11 Oct 1203 Mar 171,259 ft²61955390,0002.8

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 19 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
31 Jan 1319 Dec 181,259 ft²520544-30000-
02 Sep 1419 Jun 171,432 ft²573664-130000-5.1
08 Jun 1029 Aug 111,098 ft²537697-175000-19.1

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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