• 4
RM 1,320,000

Kiaraville , Mont Kiara

Changkat Duta Kiara, Mont Kiara, 50450, Kuala Lumpur

  • Built-up : 1,893 sq. ft.
  • Land area : -
    • 3+1
    • 3
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    Kiaraville , Mont Kiara

    *Kiaraville* is a luxury condominium developed by Binaderas. The developer is one of the very few developers who decided to have a joint venture with foreign sources. Kiaraville was a result of the collaboration between Binaderas and CapitaLand Financial and OCBC Bank (Singapore). 
    Although Binaderas is still a young property development company, they have managed to establish a good image where they are recognized and experienced shareholders in the real estate industry. CapitaLand is also a very reputable company focusing on the main cities of Asia, Australia and Europe. Today, OCBC bank is one of the top banks in Asia and also one of the biggest and most successful financial institutions. All three companies came together, managed to pull through a well-built condominium.
    The facilities at Kiaraville are about the same like any other new condominiums around the area. With a covered car park, there will be no need to be worried on places to park. Most of the units come with at least two parking lots making it easier for families to travel in and out. The condominium also has a special jogging track, a feature where not many condominiums have but of course this is done with the huge land of 6.74 acres. 
    Residents of Kiaraville here no longer need to join in any nearby clubs as the facilities here includes gymnasium, a swimming pool, tennis court and squash court. The swimming pools are quite attractive as it is below a shady area with trees all around. There is also a nursery and a playground is also available, catering to the needs of parents to have quality time with their children. 
    h2. Property Details
    * Name: Kiaraville
    * Address: Changkat Duta Kiara, Mont Kiara, 50450 Kuala Lumpur
    * Developer: Binaderas (together with Capitaland Financial and OCBC Bank)
    * Completion Date: Early 2008
    * Type: Condominium
    * Tenure: Freehold
    * No. of Blocks: 6
    * No. of Storey: 9 - 18
    * Land Area: 6.74 acres
    * Built-up: 1,593 – 3,935 sf
    * Maintenance Fee: RM0.25 psf
    * Launch Price: RM350 - RM450 psf
    * Subsale Price: RM500 psf
    h2. Facilities
    * Swimming pool
    * Barbecue area
    * Cafeteria
    * Covered car park
    * Gymnasium
    * Jogging track
    * Nursery
    * Playground
    * Sauna
    * Squash court
    * Tennis court
    * Wading pool
    * 24-hour security surveillance
    h2. Market Trends
    {Market Trends}
    h2. Analysis
    There is much to say about the location, as Kiaraville is located at an area where it is easily accessible via Sprint, NKVE, LDP and Jalan Duta. Furthermore, with highways nearby, residents can find ease in moving in and out of [Mont Kiara]. There is a catch to it, however as jam can be unreasonably long during peak hours. This was a problem back in 2005 where there was only one main road to gain access to Mont Kiara. 
    Overall, the location of Kiaraville  is strategic but there is also a bad point to it. The highways located nearby can be potential disturbance to certain units. Units near the highway will experience noise pollution according to current residents nearby. However, it is important to note that only certain units will face the highway. 
    There is also a new condominium [Tiffani Kiara], which is about to be completed near Kiaraville. Residents have complained on the noises from the construction site but the noise pollution are only limited to units which are facing out. Inner units so far have not faced this problem. Overall, Tiffany is about to be completed so buyers/investors will only have to worry about the noises from the highway.
    The price of Kiaraville is cheaper than [Mont Kiara Damai], but some think Mont Kiara Damai is much better compared to Kiaraville. The price started off at about RM380 to RM480 psf (launch price) and has shot up to about RM600 psf during during its peak. It is still reasonable considering the condominium's location. 
    So far, not many residents in Kiaraville have left their unit vacant, which leaves a good impression for investment and also a place to stay. Considering the location of the property, there will be good returns for investment. Nevertheless, the unit that you choose will be crucial as not all units will be good. It is important to take note on where the unit is facing, and also the notable sound pollution.
    The condominium is also located near to two international schools, namely Mont Kiara International School and the Garden International School. Parents planning on sending their children to international schools and deciding to stay in Mont Kiara should consider Kiaraville. It would be so much better to live nearby a school where you will not need to wait in a jam that will last for hours. Kiaraville is also located near to shopping malls and grocery stores, so getting hold of daily needs will not be a problem. It will take about five to ten minutes walk to the nearest shops. 
    Kiaraville has also much to boasts about its design. The project was designed by one of Malaysia's most premier architect firms which is BEP Arkitek. The entrance is impressively built with a fair-faced curved concrete wall which seems inviting to visitors or on-lookers passing by. Further features to woo buyers/investors will be the covered balcony with ample windows called Lanai. It has more of a French design.

    Property Information

    Property Type:
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    Asking Price per sq. ft.:
    Posted Date:
    16 Nov 2018

    Points of Interest

    Transacted Prices

    Discover how much people paid for this property in the past based on data from the Valuation and Property Services department (JPPH) of Malaysia.


    REN 15640

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