Menara 1MK, One Mont Kiara

Menara 1MK (also known as 1MK Tower) is a freehold office building that is located in One Mont Kiara, Mont Kiara. The built-up available at this property is 1,447 sf to 1,779 sf. It was developed by Ireka Corp Bhd.

Ireka Corp Bhd is a mid-scale property developer listed on Bursa Malaysia, and it has developed about 11 property projects in Malaysia. Other similar projects by the same developer are Asta Enterprise Park, KaMi, Luyang Perdana, One Mont Kiara, The Ruma, Tiffani Kiara, Villa Aseana, Wisma 1MK, i-Zen @ Kiara 1 and i-Zen @ Kiara 2.

Property Type
Office Building
Land Tenure
Freehold
Built-up
1,447 sf - 1,779 sf
Market Price
RM1,200,000 - RM1,490,000
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

This office building has some amenities nearby, i.e. schools, hospitals and universities. The following are some of the main schools here:

As for hospitals, there are Global Doctors Hospital and Kiara Medical Centre.

The current rental yield of Menara 1MK is around 5.54%, compared to 5.51% a year ago in Q2 2020. The highest rental yield ever recorded was 6.8% in Q1 2016; while the lowest one was 5.04% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Menara 1MK is 1,447 sf with a median price of RM830 psf. For price wise, the most expensive one is 1,779 sf with a median price of RM840 psf; while the cheapest one is 1,447 sf with a median price of RM830 psf.

Latest Menara 1MK sale listings:

DateProperty TypeBuilt-upPrice
31 Aug 2024Office6,400 sfRM4,900,000
31 Aug 2024Office3,229 sfRM2,400,000
12 Aug 2024Office807 sfRM630,000
25 Jul 2024Office2,700 sfRM1,998,000
11 May 2024Office807 sfRM650,000
14 Aug 2023Office807 sfRM630,000
1 Aug 2023Office1,779 sfRM1,500,000
18 Jun 2023Office1,779 sfRM1,520,000
1 Jun 2023Office2,756 sfRM2,011,880
29 May 2023Office3,648 sfRM2,500,000

Latest Menara 1MK rental listings:

DateProperty TypeBuilt-upRental
12 Aug 2024Office833 sfRM3,300
21 May 2024Office1,550 sfRM4,500
4 Sep 2023Office1,776 sfRM5,328
4 Sep 2023Office1,448 sfRM4,300
4 Sep 2023Office8,342 sfRM18,350
4 Sep 2023Office830 sfRM2,496
4 Sep 2023Office1,448 sfRM4,300
21 Aug 2023Office830 sfRM3,300
31 Jul 2023Office830 sfRM3,300
26 Jul 2023Office828 sfRM2,800
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