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TWY Mont Kiara

| property, property news, Real Estate | July 17, 2015

TWY Mont Kiara

Mont Kiara the address that as an expatriate enclave used to be the sweetheart among property investors. Close by Bangsar, KLCC, Damansara and so forth., Mont Kiara is one of a definitive location that wanted by most financial specialists because of sensible great yield, great inhabitant profile and it vital area.

Subsequently to take advantage of the interest from these financial specialists , numerous engineers (aside Sunrise) hopped into temporary fad and build up the grounds. They are Ireka, YNH, Sunway, BKP properties, Asiaquest and couple of others. Because of the wild supplies and in creator assessment with the blend of the wrong item offering, MK began to lose its sparkle. There are an excess of extensive size units in MK10, MK11, MK28, Kiaraville, Seni Kiara, Kiaramas Danai and so on. The greater part of the occupants have confined spending plan and couldn’t bear the cost of the rents requested by the speculators. Therefore this has discouraged the costs in MK for recent years. Then again, this give chance to buyers who searching for property with system area, near to all conveniences and frameworks, school that for own utilization.

Until 2013 where prices are stabilized and most new launches such as Pavilion on the Hilltop and Arcoris were launches with reasonable size (not with cheaper psf!). Until now…

Symphony Life (Which was known as Bolton previously) has recently launched a new concept project in Mont Kiara. Technically the site located closer to Segambut and Jalan Kiara3 however by coincident or purpose, the road is a dead end to Jalan Kiara3 and linked directly to Jalan Duta Kiara. With this strategic move, it has brought the value of the project a few notches higher. For those who familiar with Mont Kiara property market, Jalan Kiara 3 is perceived as least desirable part of Mont Kiara due to traffic congestion, the Village which till now still unclear and the perception of Segambut. However alongside the MK Meridien, TWY is just next to the highway. The SA has assure the author that all window on the unit on the North location will be double glazed to minimize any noise impact from the highway. This is a great effort from the developer. We shall review in details later.

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