DONE DEAL: Seni Mont Kiara, Mont Kiara by Kevin Teh

Seni Mont Kiara is a luxury condominium project jointly developed by CapitaLand Financial from Singapore and Ireka Group via Aseana Properties Ltd. The condominium comprises two 40-storey towers and two 12-storey low-rise blocks housing 605 units in total.

ILP Realty real estate agent Kevin Teh said the landlord had planned to retire in his hometown and so, decided to rent out the unit.

“The landlord was the first-hand buyer and had occupied the unit all the while. It was a very well-kept and clean semi-furnished unit with unblocked view, which ticked all the requirements of the tenant, who worked in a multinational company,” Teh noted.

He added that the landlord preferred a quick deal with a reputable international company for a corporate lease, for which the tenant met the requirements.

According to EdgeProp Research, 10 units in Seni Mont Kiara were transacted in 2020 at an average transaction price of RM2.35 million or RM793 psf. Meanwhile, 33 transactions were recorded in 2019 with an average transaction price of RM2.38 million or RM776 psf.

As at mid-January 2021, there were 50 units of Seni Mont Kiara listed for sale in EdgeProp.my at an average asking price of RM2.43 million or RM827 psf. At the same time, 75 units were looking for tenants at an average asking monthly rental of RM8,832 or RM3.65 psf.

 

[source: https://www.edgeprop.my//content/1797161/done-deal-condo-unit-seni-mont-kiara-mont%E2%80%99kiara-kuala-lumpur ]