(UPDATED) 4 auction properties in Mont Kiara below RM800,000

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This article was updated on 23rd June 2020 for accuracy and comprehensiveness. 

If you are searching for properties in Mont Kiara, here is a chance to be a part of the affluent community without paying a lot of extra money!

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Mont Kiara is widely recognised as one of KL’s finest addresses. For many years it has offered the epitome of luxurious living. With its popularity, properties in the area often come with A-grade amenities, security as well as great locations and views that make the extra expenses worth it. Of course, when buying auction properties you can get all these perks at bargain prices. Nevertheless, buying an auction property could be riskier than buying a new one. It would be wise to factor in the pros and cons of auction properties to make sure they are worth bidding for.

When buying an auction property, a successful bid will be declared once the auctioneer called out the highest bid three times.  For LACA properties, the bidder needs to prepare a 5% bank draft (of the reserved price) as a deposit while a 10% deposit is needed for a non-LACA property. On top of that, the remaining purchase price needs to be paid within 90 days (LACA) and 120 days (non-LACA) respectively.

Find out more about auction properties here.

If Mont Kiara has always been on your radar, here is the chance to scout out four auction properties in the neighbourhood at prices below RM800,000.

1. i-Zen @ Kiara 2

Located at the hills of Mont Kiara, i-Zen @ Kiara 2 combines comfort and personalised home concept. It offers features and facilities that many other highrise residences only dream of having. Comprised of a single block, this luxury residence offers a range of designs and layouts for buyers to choose from such as Lanai and SoHo. Not just that, there’s an array of amenities within this exclusive enclave. 1 Mont Kiara and Plaza Mont Kiara are just next doors whereas 163 Retail Park is only a short walk away.  Access to the Penchala Link is convenient, and for travel afield, Kerinci Link, DUKE, Jalan Duta –  Sungai Buloh Highway, and North-South Expressway are easily accessible.

Type: Condominium

Price: RM510,000 – RM780,00

Location: Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur.

Completion date: 2005

Tenure: Freehold

Built-up:

  • 1,550sq ft – 1,655 sq ft
  • 238 units

Facilities:

  • Gymnasium
  • BBQ
  • Sauna
  • Jacuzzi
  • Swimming pool
  • Wading pool
  • Cafeteria
  • Playground
  • Concierge service
  • In-house pre-school

READ: Malaysia’s Top 7 High-Rise Properties with the Highest Rental Yield in 2019

2. Kiaramas Sutera

Kiaramas Sutera is a low-density condominium at the upscale neighbourhood of Mont Kiara. Despite its age, this older condominium is still an exclusive residence. It comprised of 315 units and offers a complete range of recreational, landscaping, and community activities. The residents benefit from its centrality of location as amenities are only a short distance away. Garden International School and Mont Kiara International School are within a 2km drive whereas Plaza Mont Kiara and VERVE are less than 1km away from Kiaramas Sutera. It has direct access to Penchala link (SPRINT) and Jalan Duta –  Sungai Buloh Highway.

Type: Condominium

Price: RM747,000

Location: Jalan Desa Kiara, Mont Kiara, 50480 Kuala Lumpur.

Completion date: 2004

Tenure: Freehold

Built-up:

  • 1,347 sq ft – 4,100 sq ft
  • 315 units

Facilities:

  • Gymnasium
  • Nursery
  • Swimming pool
  • Playground
  • Sauna
  • BBQ
  • Mini market
  • Clubhouse
  • Squash and tennis court

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3. Lanai Kiara

Lanai Kiara is one of Mont Kiara’s earliest highrise developments. Launched in 1995, the location is ideal for expatriate communities as international schools, upmarket malls, and grocery shops that offer imported goods are all within the proximity. Moments away are Garden International School, Mont Kiara International School, Jaya Grocer, and Plaza Mont Kiara. The units can comfortably accommodate small to medium-sized families as there are varieties of sizes to choose from. Not just that, Lanai Kiara is perfectly situated near Penchala Link. It provides quick access to other major roads and highways like DUKE and Jalan Duta –  Sungai Buloh Highway. 

Type: Condominium

Price: RM690,000

Location: Jalan Kiara 3, 50420 Mont Kiara, Kuala Lumpur

Year of completion: 1998

Tenure: Freehold

Built-up:

  • 940 sq ft – 3,340 sq ft
  • 302 units

Facilities:

  • BBQ
  • Gymnasium
  • Wading pool
  • Swimming pool
  • Jacuzzi
  • Sauna
  • Playground
  • Squash and tennis courts
  • Clubhouse

4. Residensi Sefina

This cabin style condominium portrays an alluring contemporary design. Each unit comes with three bedrooms, a modern kitchen, and a private balcony. Not just that, there’s a beach-themed recreational park within the complex where you can play beach volleyball with family and friends.

Also, you can steal a few hours to relax at the hammock garden or unwind from work stress at the Spice Garden and Therapeutic Path. This is a perfect area for families as international schools, shopping malls and healthcare facilities are a short distance away. Residensi Sefina is well connected and accessible via highways like NKVE, DUKE and Penchala Link.

Type: Condominium

Price: RM736,000

Location: Jalan Kiara 3, 50420 Mont Kiara, Kuala Lumpur

Year of completion: 2019

Tenure: Freehold

Built-up:

  • 1,333 sq ft – 1,771 sq ft
  • 245 units

Facilities:

  • Gymnasium
  • Wading pool
  • Swimming pool
  • Jacuzzi
  • Playground
  • Wellness garden etc.

ALSO READ: Applying for a home loan in 2020? Here’s what you need to know


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