Planning to get a lelong unit there for own stay + long term investment. Would like to hear opinion from Aston 3 residence on the traffic condition during peak hour. Heard it is very bad, is it true? And for future, is it possible that Jalan Kiara 3 will be upgraded as there will be more and more condo building along that road. Doing some research before getting a unit.

So in short, could you name a few in the MK vicinity which has better positioning at comparable price point?

Hence still yet to hear any existing/future projects at MK which has better positioning at comparable price point

You mean Richmond? Could it be due to aging? AK3 is 10yrs old vs 6 yrs old?
True, but loan capped at 35 yrs but this 240 is forever and may increase due to higher outstanding? Make it 400 as safer consideration, maybe = 100k loan... But this project good? Tenants quality??

Yes.  Every Individual have different risk appetite and requirements. The loan period and maintenance amount are some variables where you can plug in to do your analysis . But as I have mention previously Aston Kiara 3 , Sophia & Hijauan are one of the few condos where its selling price always lower than others similar one and I suspect the main reason is the high maintenance fee.

I see, any indication of the reason? Location, tenant, age?

I see, so they might approve but money still need to be from some1 else.. Maybe the New projects nearby?
I see, this area not really good now then.. But maybe buy n keep??

Just the big IF, if it returned after 5 yrs

Location is good, just the access... a bit difficult.

If DBKL wants to connect to Jalan Duta Kiara, it has to be an elevated road.

Which is costly, and they may or may not entertain connection applications from Aston Kiara.

However if in the long run, can be connected to JK4 and if North Kiara starts having some commercial activity. May bring up the value.

The key to the solution, is when amd i guess no answer??

Sorry . I guess my command of English is so bad that until you couldn't comprehend what I'm trying to say . What I'm trying to convey is compare Sophia with pines / Palma / Pelangi / bayu and HK compare with Danai / semi / mk28 / mk11 and you could see that there are pricing differences even though these condos are within the same category . Leaving location aside.

when i first moved in 2017, i actually attended the first AGM post developer where they formed the MC with the aim to bring down the management fee. however, after seeing the costs involved and upon advise of rising annual costs, the MC were not able to reduce the maintenance fee. Rising cost in 2018 together with other condos around raising their management fees have actually justified this and im confident we wont have to raise the fees for the forseable future too as a result.

the guard house at the back has been there since the beginning, long before i moved in as the space behind the condo has always been earmarked to be part of Jalan Kiara 4 which is part of the greater KL plan. however, when we spoke to city hall and were visited by its officers some time ago, they informed us funds were not available in the foreseeable future so we are not sure if we will ever see the road or not, but believe you me, im also always enquiring on about it.
please bear in mind that a massive storm drain separates this road if its ever built and our condo and we will have to build a bridge across this, this will no doubt cost quite a bit if it ever happens, and all owners will probably have to chip in for it at the time as even if completely deplete our sinking fund and management fund i dont think we will have enough to fund the construction cost.

hope this answers your questions. have a good day

just to make sure there are no vested interests, flight are you a property agent or living there?

i live here and im not confident the road will be made soon, not with the political situation in malaysia and our current lack of funds
on top of that, inspirasi has built an elevated end on kiara 4 that closes into their unit. whether than can be rectified im not sure but given that UEM owns the plot between inspirasi and aston im sure they will find a way to get it done which will benefit us although i fear that the road will be elevated.

As for funds, we have > 1 million in our sinking fund but that is nowhere enough to build such a structure if the road is eventually built (especially if we need to build a raised structure to connect) and we will most likely have to do a capital raise in the future to entertain such a notion IF Kiara 4 is built. On the other side of things, if the connecting road is built all the way thru, traffic will significantly reduce on kiara 3 and it will essentially become a side road rather than the major thruway. that itself will make getting in and out much much easier so the major traffic build up will be a thing of the past and it will shift to kiara 4.

As for living here, all i can say is that its great. its quiet as there are only 180 units, extremely safe and the facilities are good. If you are buying for investment, this is not for you, please stay away, we want a wholesome family place, not a place for you to rent out or try to make a quick flip.
It is very affordable for those wanting their first homes in the heart of KL and given that its freehold, the sky is the limit, just for comparison, inspirasi is leasehold.

Yes maintenance is expensive, almost 700 ringgit for maintenance monthly as there are only 180 units here but monthly collections are > 80%. In other words we are healthy finance wise and well managed. Bear in mind this has NOT been raised for > 5 years now. how many other condos can say the same. I can assure you this as im on the committee and have been so for the last 3 years and i can tell you that all the related costs keep rising year on year but we have been able to maintain that without cutting the quality because of that 0.40 psf. I dont think we will have to increase this coming year again though i cant guarantee that for the year after.

Like it or not, stay or not i dont care, if you join us welcome, if you dont, your loss or your gain or whatever. One thing is for sure, location wise for this price i doubt you can find a better deal to be honest.

you're talking 5~10 years from nw ?