Mont Kiara Palma, Mont Kiara
Mont Kiara Palma is a freehold apartment located in Mont Kiara, Kuala Lumpur. There are 402 units available at this project with built-up from 1,208 sf to 1,390 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at about RM380 psf, and was completed in around 1994.
UEM Sunrise Bhd (fka Sunrise) is a very big-scale property developer listed on Bursa Malaysia, and it has built about 59 property projects in Malaysia. Other similar projects by the same developer are 10 Mont Kiara, 11 Mont Kiara, 28 Mont Kiara, Kiara Designer Suites, Mont Kiara Bayu, Mont Kiara Meridin, Mont Kiara Pines, Residensi 22, Teega Suites and Verdi.
This apartment 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 Mont Kiara Palma are from RM900,000 to RM1,100,000 (about RM750 psf); while the monthly rentals are from RM3,300 to RM3,700 (about RM2.89 psf). The highest median price psf ever recorded was RM750 psf in Q2 2017; while the lowest one was RM380 psf in Q1 1992.
The current rental yield of Mont Kiara Palma is around 4.77%, compared to 5.41% a year ago in Q1 2018. The highest rental yield ever recorded was 7.74% in Q3 2010; while the lowest one was 4.0% in Q1 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Mont Kiara Palma is 3-bedroom / 1,208 sf with a median price of RM750 psf. For price wise, the most expensive one is 3-bedroom / 1,390 sf with a median price of RM790 psf; while the cheapest one is 3-bedroom / 1,280 sf with a median price of RM700 psf.
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