PROPCAFE Review : Sunway Mont Residences @ Mont Kiara by Sunway Property

Sunway Mont Residences @ Mont Kiara by Sunway Property

Sunway Mont Residences at Mont Kiara Kuala Lumpur was launched recently by Sunway Property. We have recently visited and ‘studied’ the project and we thought we should share this with our avid followers.

It has been awhile since we last covered Mont Kiara. That was on early 2014 and how time flies. If you are keen to know what was our thought on Mont Kiara back then, do read it all here.

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Sunway Mont Residences the project essentials

Sunway Mont Residences is located at Jalan Kiara 5, Mont Kiara Kuala Lumpur and sat on a freehold 2.88 acre land (yi fatt fatt, huatt arr!!).

Sunway Mont Residences is 288 units condominium project developed by Sunway Kiara Sdn Bhd, a subsidiary of Sunway Berhad. Hmmm, noticed that it is conveniently coincided with total number of units of this development!

Typical buildup of the condo consists of 1125sqft, 1365sqft, 1609sqft, 1695sqft and 1906 sqft. Each condo unit comes 2 car parks or 3 car parks.

Type Size (sqft) Configuration Carpark Allocation
A/A1 1122 & 1125 2+1 bedroom 2
B1 1365 3+1 bedrooms 2
C1 1609 4+1 bedrooms 2
D1 (dual key) 1695 3+1 & 1 Studio 3
E1 (dual key) 1906 3+1 & 1 Studio 3

Mont Kiara the Perception-The Ghost of Mont Kiara

Mont Kiara is often labeled as a place with oversupply of condo, condo glut, condo hill instead of Kiara Hill, overrated, overgrown with little catalyst and USP. Really we can’t discount all these negative perceptions, as history lessons told us there were avalanche of launches in Mont Kiara over the past few years, and there is none major rail infrastructure (KLMRT Line 1 & Line 2) crossing the Mont Kiara domain.

Still an expat enclave yesterday and today

But despite all these negative perception, Mont Kiara is still an expat melting pot, and over the years with all other condos in Klang Valley PSF have actually caught up with Mont Kiara we have seen plenty of local choose Mont Kiara as their home. Location wise Mont Kiara is decent, bearing a KL postal code, Mont Kiara is an middle and up market enclave within 10km drive to downtown KL.

Location, Accessibility, Amenities

Sunway Mont Residence sat on lot 1906 along Jalan Kiara 5, next to Casa Kiara 2 by Sunway Berhad. Other notable development in Jalan Kiara 5 are, Hijauan Kiara Verve Suite by Dato Alan Tong’s Bukit Kiara Properties. There rest is still jungle, wait wait wait, reword reword, pending developments.

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Some units at Sunway Mont Residences will be quite close to high tension cable.
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The main access to Mont Kiara is via Jalan Duta, NKVE, Penchala Link, Sprint, Duke and Jalan Kuching.

International schools, grocer, convenience store, F&B, neighborhood mall all check, Mont Kiara is pretty convenient place to live.

A short drive away to Sri Hartamas commercial square, hip places like Publika and Solaris Mont Kiara.
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Façade of Sunway Mont Residences

We somehow find it weird. Sunway Mont Residences façade based on artist illustration, it looks dated. But when comes to the scale model it does alright.

The façade is a combination of bricks and mortar (yes not typo) white and grey theme. See picture, see…

Giving you a rustic feel. This would be among the more provocative color scheme façade in Mont Kiara, as mostly of the condo are pretty mundane color grey, white, off white and discolored.

Windows look small in the artist illustration but look right size in the scale model.

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Site Plan and block orientation

If you observe this block layout is pretty close to Casa Kiara 2. The block orientation is basically parallel with Casa Kiara 2. To yield more units and the fact that the land’s rectangular shape, the building architect cannot be too creative. Jalan Kiara 5 will eventually look like Jalan Kiara, or Jalan Kiara 3, simply it how the land is sub-divided, macam teres, tapi ini teres condo!!! Lol.

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Credit to map owner, Mr Ho Chin Soon

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Layout Type

In general, the units layout plan at Sunway Mont Residences are good and maximize floor space utilization.

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Well done!

All bedrooms make full use of natural light and they are decent enough to fit a queen size bed. Except for Type A all units comes with wet kitchen.

All units come with expansive living room layout with close to 6m length. You will gonna like your living room, check them out the below Sunway Mont Residences show flat pics.

Type D and Type E are dual key unit. A niche product, appeal to those with extended family who want to live near but not near near near. Or alternatively the dual key unit, can be rented out separately.

Type A 1125sqfttype-a1-a2

Type B 1365sqfttype-b10349d9f0572b688ca7beff000068ef51

Type C 1609sqfttype-c1

Type D (Dual key) 1695sqfttype-d1-(dual-key)

Type E (Dual key) 1906 sqfttype-e1-(dual-key)Furnishing

All units at Sunway Mont Residences comes partially furnished with air conditions at all bedrooms & study except utility & maid room free Kitchen Cabinet, hood, hob & Sink, while maintenance is expected to be RM0.35 PSF

Show Unit Review

The Sunway Mont Residence Show Gallery features the show unit of Type E1. Let’s check it out.
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Scaled unit floor plan

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The entrance of the dual key unit.

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sunway-mont resideces-show-5And the finale the 6m living room width to die for, lol.sunway-mont resideces-show-1

Condo Facilities

Sunway Mont Residences features full condo facilities as illustrated below. Worth to note there will be a skydeck on level 36.Sunway Mont Residences facilites plan

Price

Let’s us share the Sunway Mont Residences before all rebates.

Type A 20-3A – RM1,080,000

Type B 19-03 – RM1,196,000

Type D 20-02 – RM1,416,000

Type E 19-07 – RM1,631,000

Average price at RM962 psf before rebate, we are told that Sunway Berhad is having its Sunway Property Certainty Campaign from from 29 March 2016 to 30 September 2016, it features interesting rebates, Guaranteed Loan, Deferred Payment and Voluntary Exit Plan. Under this campaign, Sunway is providing financial flexibility and assurance for the comfort of home buyers.

Investment consideration 

At present, rental for 1100-1200 sqft units are liquid, a brand spanking fully furnished new condo would probably able command RM3-4PSF. While capital appreciate perspective, another 3-4 year to hit RM1,000 PSF? Hmmm your guess would be as good as ours.

Sunway Mont Residences priceshhhh…. this is classified material, under OSA….

BBB is in the air

Sunway Mont Residences is a BBB project with high take up rate. There several schemes to choose from and at net net net price of approximately 800psf or lower. It is actually priced quite competitively considering it is the product of the The Edge Malaysia Top Developer Sunway Berhad.

If one looks closer into Sunday Mont Residences unit mix, close to 40% of the units are type A/A1 or the 1122sqft 2+1 bed, which pretty rare in Mont Kiara. These units will likely be liquid in the rental market in future.

The fact that Sunway Mont Residences is located at Jalan Kiara 5, to the Mont Kiara insider it commands more premium over Jalan Kiara 3, but lesser to Jalan Kiara itself. Those who frequent Jalan Kiara 3 and tasted the traffic madness during peak hours will likely concur.

Verdict

Like it or not till to date, Mon’t Kiara is still an expat enclave, there isn’t much supplies coming off from Jalan Kiara 5, Sunway Mont Residences close proximity to Garden International School, grocers, and Verve Suite commercial elements, while the price of all other condo in Klang Valley has picked up, yet Sunway Mont Residences comes with an ordinary Mont Kiara condo price tag, it is actually present quite a value proposition. All these could be the deciding factors to own a unit at Sunway Mont Residences.

For more detail info, you can go to their website : http://www.sunwaymont.com/

or you can drop by to their sales gallery open daily from 11am to 6pm at

Plaza Mont Kiara,

Phone no : +6017 – 964 0822

Email : ericf@sunway.com.my

Let's chill and chat here with a cuppa! :)