Dear sifus,
Is la grande kiara worth investing in terms of future capital appreciation and rental? I am considering to buy...

Which condo is this....?

South Korean store man­ager falls 32 storeys to his death
By NATASHA JOIBI nata­joibi@thes­tar.com.my
The Star Malaysia
October 6, 2013

PETALING JAYA: A South Korean store manager fell 32 storeys from a condominium and his body was cut in half when he landed on a spiked gate.
A security guard patrolling at the condominium in Mont Kiara chanced upon the gruesome scene yesterday morning.
According to police, the manager, 37, had been in a scuffle with his business partner, also a South Korean, the night before.
Witnesses told police they saw the two men hitting each other on the head with beer bottles. Both suffered head wounds.
The manager drove home after the fight while his business partner, accompanied by a few friends, went to the Gleneagles Hospital in Ampang for treatment.
The business partner then lodged a police report against the manager at about 4am.
The police instructed the man to retrieve both his and the manager’s passports from their shared apartment.
When the business partner went to the condominium for the passports, he found a noose dangling in the bathroom, but the manager was not there.
He then brought the passports to the Brickfields district police station, completed his report and went home at about 6.30am.
He was told about the manager’s death by a security guard at the condominium a couple of hours later.
Brickfields OCPD Asst Comm Muhammad Azlee Abdullah said police believed it was a case of suicide, but were waiting for postmortem results before making a formal conclusion.
In a separate incident, the body of a 22year-old Japanese student was found at the bottom of a block of flats in Petaling Jaya on Thursday.
Police received a report at about 3.30pm from a witness who saw the victim plunging to his death.
The body, dressed only in underwear, had fallen on top of a car before it rolled to the ground.
A police forensic team found no evidence of foul play. Post-mortem results revealed that the victim had died from multiple injuries.
His parents have flown in from Japan to retrieve the body.

Copyright © 1995-2012 Star Publications (M) Bhd.

OMG! Seems like MK is getting haunted & More haunted now! 

KL property is hot again, eg. Cheras SOHO(leisure mall) sold out @ RM700psf !!!
but, it seems very quiet in Mont Kiara, i wonder ...why should it not be a good buy when at the same price compare to Cheras.

Just hope we can share some opinions here , man... i mean what is the logic that Cheras Property is more expensive than Mont Kiara??

Hope we can have a Pros & Cons Session here.

I have researched and as below for some reasons to buy :-
Reason Of Investing in Mont Kiara

#1 The Most Potential Area to reach and go beyond RM1000 psf (why is Mont Kiara property is cheaper than Cheras ?!! )
#2 Mont Kiara, the address that is well known to international community other than KLCC , that fundamentally will support #1
#3 3 international schools to meet expatriate community needs
#4 the few area in KL that can get "good quality" tenant (RM5000 above, some paid by company)
#5 The few expatriate community (European), in KL (other than KLCC) representing more than 30 nationalities
#6 The few real European fine dining places (real French Foods, real German Beers)

but, some of my friends complained that "NO TENANT, IS HARD TO RENT OUT" (regardless the property value is already doubled, what is their thinking?)
after some chats with them, I realised that the "tenancy management" seems very important (isnt that true for all properties?)

#1 Competition :- you are compete with many owner/landlords, and their entry price might be lower than you
#2 They Forgot to service their "customer", unlike Malaysian, expatriate expect "good service" and dislike "arrogance" landlord
#3 because of RM500 less, they lost a tenant to the neighbour, e.g. RM4500 to RM5000
#4 (from #3)over invest in furniture and unable to justified (mentally) to rent out RM500 less
#5 They just too busy and do not bother to manage the unit (throwing the key to the agent)
#6 Expatriate tenant mostly stay 1 year (almost every year need to pay agent fees)

Please share yours

Thank you