Mont Kiara Pines, Mont Kiara
Mont Kiara Pines (also known as The Pines) is a freehold apartment located in Mont Kiara, Kuala Lumpur. There are 508 units available at this project with built-up from 1,228 sf to 1,428 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price of about RM190 psf, and was completed around 1993.
UEM Sunrise Bhd (fka Sunrise) is a very large-scale property developer listed on Bursa Malaysia, and it has developed about 62 property projects in Malaysia. Other similar projects by the same developer are 11 Mont Kiara, 28 Mont Kiara, Kiara Designer Suites, Mont Kiara Aman, Mont Kiara Bayu, Mont Kiara Meridin, Residensi 22, Residensi Sefina, Teega Suites and Verdi.
This apartment has many amenities nearby, i.e. schools, hospitals and universities. The following are some of the main 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 Pines are from RM790,000 to RM900,000 (about RM640 psf); while the monthly rentals are from RM3,000 to RM3,500 (about RM2.50 psf). The highest median price psf ever recorded was RM686 psf in Q4 2014; while the lowest one was RM190 psf in Q1 1991.
The current rental yield of Mont Kiara Pines is around 4.94%, compared to 4.5% a year ago in Q2 2018. The highest rental yield ever recorded was 7.83% in Q2 2010; while the lowest one was 3.95% in Q1 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Mont Kiara Pines is 3-bedroom / 1,268 sf with a median price of RM640 psf. For price wise, the most expensive one is 3-bedroom / 1,268 sf with a median price of RM640 psf; while the cheapest one is 3-bedroom / 1,428 sf with a median price of RM630 psf.
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