Onstream developments in Mont’Kiara Q1 2008
These are a select of 4 developments which are scheduled for hand over in the first quarter of this year. So it’ll be interesting to see how each of these developments compares against each other, especially in the subsale market. But first, here’s a quick overview of the four developments, namely Kiaramas Ayuria (Asiaquest), Mont’Kiara Banyan (Sunrise), Hijauan Kiara (BKP), Kiaraville (Binaderas).
Mont Kiara Banyan |
Hijauan Kiara |
Kiaraville |
Kiaramas Ayuria |
| Sunrise Bhd | Bukit Kiara Properties Sdn Bhd | Binaderas Sdn Bhd | Kiaramas Development Sdn Bhd |
| Freehold | Freehold | Freehold | Freehold |
| 147 units / 1 block / 2.8 acres | 188 units / 7 blocks / 5.4acres | 404 units / 5 blocks / 6.75 acres | 480 units / 3 blocks / 9.2 acres |
| 5 units per floor | 2 unit per floor | 2 – 6 units per floor | 4 units per floor |
| 53 units / acre | 35 units / acre | 60 units / acre | 52 units / acre |
| 1838sf – 2648sf | 2090sf – 3700sf | 1593sf – 3935sf | 1605sf – 2013sf |
| RM738,000 -RM2,300,000 | RM782,000 – RM2,637,000 | RM696,000 – RM3,062,000 | RM542,100 – RM2,058,000 |
| RM400psf | RM375psf | RM437psf | RM338 |
| Q1 2008 | Q1 2008 | Q1 2008 | Q1 2008 |
Recently, both Hijauan Kiara and Kiaraville have got pretty good press coverage due to its many unique features, many of which seem to add value to their development. Hijauan have been making the news for it’s outstanding landscaping, together with first-of-its-kinds in Mont’ Kiara, like the Spa Island, usage of Dedon outdoor furniture and claiming to be the first development in Mont Kiara with private lobby to its units. I would attribute these coverage to their excellent marketing department who seem to promote their brand further in the media, and this is a value-added service for their buyers to potentially increase the value of the development. Thumbs up for them!
As for Kiaraville, they installed a sculpture by Eng Tay, which was reported worth more than one million. Not sure how this adds value, but any publicity is better than nothing. Banyan and Ayuria have received the least coverage in the media. I’m interested to see how Ayuria will perform upon completion, and I think Ayuria being the lowest entry cost, offers the best value product.
Stay tuned as the reviews to these four developments will be posted in a separate post.
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