DONE DEAL: Condominium unit, Seni Mont’Kiara, Kuala Lumpur
Rented for: RM13,000 (RM3.82 psf)
Concluded by: Kevin Teh (REN 02206) (013-5557333) of Propstar Realty Sdn Bhd
When: November 2019
● Built-up: 3,401 sq ft
● High floor unit
● 4 bedrooms and 5 bathrooms
● Facilities: Art gallery, tennis court, pool deck, water pavilion, Jacuzzis and Olympic-sized swimming pools
● Nearby amenities: Shopping malls, international schools, medical centre, commercial hub and offices
Seni Mont’Kiara is a freehold luxury condominium in the expat enclave Mont’Kiara developed by Amatir Resources Sdn Bhd (a member of London-listed Aseana Properties Ltd) under the i-Zen development series.
The development comes with two 40-storey, high-rise blocks and two 12-storey low-rise blocks housing a total of 605 units and 2,000 parking bays.
It also features an art gallery, lush landscaping based on an island concept, two Olympic-sized swimming pools, tennis court, Taichi and yoga station, Jacuzzi and glass lifts.
The project has easy access to main roads and amenities such as international schools, shopping malls, medical centres, F&B outlets and offices within a 5km radius.
In terms of connectivity, residents could travel to KL city centre or the rest of Klang Valley via the North-South Expressway, Duta-Ulu Klang Expressway (DUKE) and Penchala Link.
According to the agent, Kevin Teh from Propstar Realty who concluded the rental deal, this 3,401 sq ft unit was left vacant just a few weeks before he brought the tenant for viewing.
“The tenant liked it straightaway after the first viewing as it is clean and well-maintained. It is also partially furnished with kitchen cabinets and air-conditioners,” he said.
In fact, Teh added that the tenant liked it so much that he offered a premium for it, which turned out to be a win-win deal for both tenant and landlord.
“The tenant was also looking to move in urgently, while the owner received a slightly higher rent than the market rate,” said Teh.
According to EdgeProp.my data, there were 46 rental listings with an average asking rental of RM9,593 per month or RM3.30 psf as of end March 2020.
Past transaction data showed a total of 243 units at Seni Mont’Kiara have been sold from 2015 to 2019 at prices ranging between RM2.3 million to RM2.5 million, or RM751 to RM795 psf.
As at March 2020, there were 61 units listed for sale on EdgeProp.my, with the average asking price at RM2.4 million or RM837 psf.