MK Continues To Wow Expats As A Lifestyle Haven
Rapid urbanization and development continue to drive Mont Kiara as a top hotspot for high-end residential enclave complete with lifestyle commercial developments. The thriving township is located within fifteen minutes driving distance from Damansara Perdana and Bandar Utama leading towards Bangsar and KLCC. It is surrounded by affluent developments such as Sri Hartamas and Bukit Kiara. Home to an international community of expatriates, Mont Kiara is a niche market for lifestyle residences and luxury living. The proliferation of F&B establishments, branded concept stores, international schools and entertainment outlets are a firm favourite among the expats.
There are also many international schools such as the famed and renowned Garden International School, Mont Kiara International School and Lycée FranÇais Kuala Lumpur International School. They are a boon for parents who believes in the importance of quality education for their children. With a sizeable population of expats coupled with a myriad of high-rise residences with low-density development, rental prospects in Mont Kiara remain robust and extremely encouraging. Despite major challenges in the real estate market, property price in Mont Kiara continues to grow and flourish.
A Booming Market Among Expatriates
Mont Kiara continues to be a popular rental market amongst the expat communities, with high-rise properties registering an average rental yield of five percent or more. Current listings indicate that the majority of high-rise residences with built-ups of 900 to 4,000 sq ft have rental rates of between RM1,500 and RM18,000 per mth while landed homes are typically rated from RM4k to RM18,000 per mth.
The average selling price for non-landed property is RM627 psf, as compared with the national average of RM396 psf. The median selling price for landed property is approx. RM4,345 psf. Among the ongoing and upcoming projects in Mont Kiara are Sunway Mont Residences, Trinity Pentamont, Residensi Astrea, MET 1 Residence @ KL Metropolis as well as Inspirasi Mont Kiara. As an established and self-contained township with an ideal mix of local communities and foreign expatriates, Mont Kiara residents are often spoilt for choice with the abundance of property developments that are available.
Accessibility And Abundant Amenities
Mont Kiara enjoys excellent accessibility and seamless connectivity to various regions within Greater Klang Valley via highways such as New Klang Valley Expressway (NKVE), SPRINT Highway, Penchala Link, Lebuhraya Sultan Abdul Halil and Duta-Ulu Kelang Expressway (DUKE). Apart from its strategic location between KLCC and Kepong, there are also a wide array of amenities available within the vicinity. They include Plaza Mont Kiara, 1 Mont Kiara, 163 Retail Park, Publika Shopping Gallery, Solaris Mont Kiara and Hartamas Shopping Centre. There is also a plethora of upscale supermarkets such as Village Grocer, Ben’s Independent Grocer and Freshan Korean Grocer.
If you are looking for some wholesome family fun, why not try bike trekking during Wheelie Sunday around Solaris Dutamas on Sundays. Inner roads are partially cordoned off to enable cycling activities. For the shopaholics, there is Publika – a happening neighborhood mall featuring art expos, music festivals, food fiesta and traders’ market.
Food Galore And Gastronomic Paradise
One of the best things about Mont Kiara is the sheer variety of food available. There is no shortage of international cuisine owing to its huge expatriate communities comprising Singaporean, Taiwanese, Chinese, Korean, and Japanese. There are also many local restaurants serving Asian delights and local delicacies. Vegetarian lovers are also not left out. Vegan foods are truly packed with flavor and goodness!
For those who fancy sushi, udon, and tempura, the choice is literally endless. To fans of Asian cuisine, they are definitely in for a real treat. The fancy restaurants found here are truly not for the budget-conscious! They serve everything from the barbecue grill to the steamboat buffet. Meat connoisseurs may look forward to their fave carpaccio cured beef and super sizzling steak. Juicy tender cuts of meat from ribeye to Waygu are cooked just the way you like ‘em! And for pizza and burger lovers, check out 163 Retail Park. The designer pizzas are a must-try with handmade dough forming crispy crust topped with a wide selection of delectable options. So voila and bon appetit!