Arcoris, Mont Kiara
Arcoris is a freehold integrated office, residential & retail hub located in Mont Kiara, Kuala Lumpur.The built-up available at this project is 907 sf to 1,029 sf for apartment units, 666 sf to 869 sf for offices and 496 sf to 1,431 sf for SOHO units. It was developed by UEM Sunrise Bhd (fka Sunrise), and was completed in around 2016.
UEM Sunrise Bhd (fka Sunrise) is a gigantic property developer listed on Bursa Malaysia, and it has built about 59 property projects in Malaysia. Other similar projects by the same developer are 11 Mont Kiara, Menara Solaris, Radia, Residensi 22, Serene Heights, Solaris Dutamas, Symphony Hills, Taman Nusa Idaman, Teega and Verdi.
This integrated office, residential & retail hub has many amenities nearby, e.g. schools, hospitals and universities. The following are some schools here:
- Garden International School KL
- Mont Kiara International School
- SK Sri Hartamas
As for hospitals, there are Global Doctors Hospital and Kiara Medical Centre.
The current market prices for Arcoris are from RM1,090,000 to RM1,230,000 (about RM1,200 psf) for apartment units, RM620,000 to RM830,000 (about RM930 psf) for offices and RM620,000 to RM1,180,000 (about RM1,040 psf) for SOHO units; while the monthly rentals are from RM2,400 to RM3,400 (about RM3.57 psf) for offices and RM2,500 to RM3,600 (about RM4.13 psf) for SOHO units. The highest median price psf ever recorded was RM1,150 psf in Q3 2018 (Apartment), RM1,000 psf in Q3 2017 (Office) and RM1,115 psf in Q3 2018 (SOHO); while the lowest one was RM948 psf in Q4 2012 (Apartment), RM925 psf in Q1 2019 (Office) and RM880 psf in Q3 2013 (SOHO).
The current rental yield of Arcoris is 4.62% for apartment units, 4.69% for offices and 4.24% for SOHO units. The highest rental yield ever recorded was 4.96% in Q2 2019 (Apartment), 4.79% in Q2 2018 (Office) and 5.56% in Q1 2018 (SOHO); while the lowest one was 4.2% in Q3 2017 (Apartment), 4.49% in Q3 2018 (Office) and 4.24% in Q3 2019 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Arcoris for apartment units is 2-bedroom / 907 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 2-bedroom / 1,029 sf with a median price of RM1,200 psf; while the cheapest one is 2-bedroom / 907 sf with a median price of RM1,200 psf.
Meanwhile, the most popular layout and size combination at Arcoris for offices is 666 sf with a median price of RM930 psf. For price wise, the most expensive one is 869 sf with a median price of RM950 psf; while the cheapest one is 666 sf with a median price of RM930 psf.
Lastly, the most popular layout and size combination at Arcoris for SOHO units is 2-bedroom / 873 sf with a median price of RM1,040 psf. For price wise, the most expensive one is Studio / 496 sf with a median price of RM1,260 psf; while the cheapest one is 1-bedroom / 1,431 sf with a median price of RM770 psf.
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