“On earth there is no heaven, but there are pieces of it” -Jules Renard (Kiaraville sales tagline)
We were out looking for another development launch around Mont’Kiara the other day (it’s a bad thing for a property launch when people can’t find your sales office!), but we found Kiaraville. Since we were fed up of looking for the other launch, we parked our car and checked out this place we have been seeing featured in The Edge and Trends magazine.
We were quite pleasantly surprised.
First the location. A lot can be said about the conquest of forest reserve and nice greenery by condos and luxury homes in Bukit Kiara, so we won’t go into it. What is obvious is that the entire area right from Desa Sri Hartamas all the way up to the Segambut road / Wilayah Mosque has become a status symbol among housebuyers, making it the new (and much better) Bangsar.
We can rattle off the long list of up-market projects completed and under construction there, but let’s talk about Kiaraville today. To get there, turn off the Sprint highway after Desa Sri Hartamas, follow the imposing walled road. Then turn right at Mont’Kiara, pass the well guarded Sunrise territory, and go ALL the way to the end of the road, past the dozens of worker camps and ongoing projects.
It’s located next to the NKVE highway, and with existing greenery and a decent view of the KL skyline. The advantage of the condo is that there are two bungalow projects just next to it, thereby guaranteeing an unobstructed view in that direction.
As for the condo itself, the first impression we got was a many different unit types set in 6 different towers (of varying heights), giving buyers a good range of choice. Some blocks are 9 floors, some are 18 floors. Each floor has 1-6 units, ensuring an excellent mix of height, view and pricing for everyone.
We kind of like some of the unit layout. They have introduced many corners, instead of straight walls. This give a angular façade outside, and interesting nooks and crannies inside. Another interesting feature is the covered balcony with ample windows, which they call ‘lanai’. Very interesting concept. Furthermore, French windows are preferred here.
The common facilities provided are above the average in the market, with gym, function room, multiple pools (including play pool and a kid’s pool), squash and tennis courts, private walled garden and the works. Parking is provided in 3 levels of basement. The development is enveloped in lush greenery, something which is very attractive and appealing to potential buyers. This aspect of landscaping is very easy and affordable for developers to implement, however sad to say most condo developers we see prefer to fill up every available space with parking lots or grey inefficient structures. Score brownie points for Kiaraville.
We were very impressed with the timber decked pool lounge with a cascading pool, surrounded by shady trees. The entrance was equally impressive, with a fair-faced curved concrete wall inviting the visitor in to Kiaraville. A touch of class, I must say. The architect for the project is none other than BEP Akitek, one of the premier architect firms in the country. (Incidentally, one of the partners, the late Dato’ Kington Loo, was a personal acquaintance).
Being in Mont’Kiara, it suffers/enjoys the usual problems/perks. First the perks: High class address, expatriate tenants, good return on investment, near to international schools. Near to KL, shopping paradise, gourmet food heaven in Desa Sri Hartamas. Near to Sprint, NKVE, LDP, Jalan Duta. Then the problems: Only one access road at Mont’Kiara at the moment. You cannot even begin to imagine to congestion during peak hour. There is another alternative route planned out to KL, but that’s in the future. Area will suffer from over-development soon.
The sales and marketing for this project is handled by an international real estate agent, in association with a local agent.
For the record, this is a joint venture between Binaderas with Singapore property giant Capitaland (no relations to the Malaysia company Capital Land) and OCBC Bank, Singapore. Binaderas is owned by the same people from Ireka Corporation, who have a property arm called i-Zen, currently also marketing some projects in the area (opposite Plaza Mont’Kiara). Many of the units are actually booked for the coming launch in Hong Kong, so that may be a good sign for investors looking for appreciation in price.
Project Name
Kiaraville
Location
Mont’Kiara, Kuala Lumpur
Description
6 towers of Residential apartments with common facilities
Price
RM696,000 to RM3,062,000(starting from about RM400psf.)
Unit size
1650sq.ft. to 3500sq.ft.
No of units
404(Second phase coming soon)
Type of development
Residential apartment units on freehold land
Launch Date
Feb 2005, currently available
Expected Completion
December 2007
Developer
JV between Binaderas Sdn. Bhd., Capitaland and OCBC Bank (Singapore)(Binaderas is owned by the directors of Ireka Corporation Bhd.)
Contact
603-6203 1919
Website
www.kiaraville.com.my
Selling Price: From RM 600 per square foot
Rental: From RM 4 per square foot
No comments:
Post a Comment