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 Staying in Mont Kiara, I-zen vs KDS

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bat11
post Oct 7 2014, 02:16 PM

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QUOTE(Gravity @ Oct 7 2014, 11:30 AM)
Been to couple of units again in Izen. A couple of points which i don't really like.

The down side of Izen are:
1. The ceiling is very low.
2. Mid floor units are very noisy with highway sound.
3. The layout is not very friendly (personal opinion)

The plus side of it are:
1. just beside a shopping mall
2. common area maintenance is alright
3. good rental (fetch at least 3.5K) - told by the agent.. need to double check.

My wife generally doenst like Izen.. she says the "feeling" is not right over there.

I on the other hand, feels that the place is a bit noisy. In the lobby, you can hear a lot of noise from highway. Don't think it is very pleasant.

Gonna go do field study about 1888 and KDS soon
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Thanks for the input. Really help a lot because I also considering I-zen and others Mont Kiara properties..... But, for me is investment only. I wont stay there. Hope can get your review for 1888 and KDS soon.
epsonstylux
post Oct 7 2014, 02:18 PM

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I think for below 1 mil you can get a nice landed double storey house at Sri Damansara, Kepong.


TSGravity
post Oct 7 2014, 03:01 PM

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QUOTE(ivanpei @ Oct 7 2014, 12:28 PM)
My opinion of Mont Kiara is that if you are rich and want a nice environment plus international schools for your kids then go for it. Mont Kiaras primary selling points are the international schools.

The second category of Mont Kiara purchasers are the upper middle income group looking for 700-900k props. Most likely you can't send your kids to Mont Kiara international school. Most likely you can't eat in Publika and shop in BIG everyday. You will have to travel to find cheap economy rice, groceries and to send your kids to Sekolah Kebangsaan.

If you belong to the 2nd category then purchasing Mont Kiara props just for face is a really bad idea. In terms of investment Mont K is not good due to the factors mentioned above.

When purchasing a home if you are still pinching pennies the house should be an investment as well. Since in future you can sell/refinance your house for further investments etc.
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Hi Ivan, thanks for your input. Actually if you compare the property price now. Mont Kiara's condo is surprisingly not overpriced. Some cheras new condo are selling at sub RM600K. Condo in places like Tmn Desa, ie, OBD garden, selling at the price range of 800 - 1M, new condo in kuchai are all above 600K. This makes mont kiara's condo a bargain because you can still see properties priced at sub 700K for the older ones.

IMO, It's a bit nasty to generalized people who buy properties at MK is just for "face". There is intrinsic value in MK's condo like the crowds are different, the environment deemed to be safer and easy accessibility.

As for the affordability point that you raised, i believe people who is able to afford a 900K house are likely to be financial capable and financial savvy. I strongly believe they can afford to eat good food everyday and shop at high end places. But if they find more value in eating economy rice and shopping cheap groceries, why not?


QUOTE(doomdoom @ Oct 7 2014, 12:38 PM)
agree with u, actually many 2nd category just purchase mont kiara becoz just for face only...

mont kiara attraction is international school and the foreign expat community...mainly for high earners... u stay here, get ready to spent RM10 for a bowl of noodles at publika, sent your kids to int school, enjoy the grocery at BIG which sell higher price products...
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Some prefer would like to feel international, but that doesnt mean they go for the "face" issue. rclxub.gif . i think for face, people would go and buy condo in KLCC area or bangsar.
ivanpei
post Oct 7 2014, 03:32 PM

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There is a reason why Mont Kiara prices are not that high compared to other areas. Oversupply is one thing but other than the international schools, Mont Kiaras primary drawing power is its branding.

Taman Desa and Kuchai are expensive due to location. Even these areas are considered rather "old" but they are centrally located in the Klang Valley future center of gravity. KL South is really hot right now due to being the center point between Putrajaya/Cyberjaya and Kl city center. Also Tun Razak Exchange and the Sungai Besi Airport redevelopment are all towards the south of KL.

With MRT 1 and MRT2 heading south and the high speed rail terminal at Sg Besi, the Klang Valley center of gravity is shifting further south. This makes areas to the North of Klang Valley not as attractive from an investment point of view.

As the financial centers shift so will the expat population. Mont Kiara is a nice place to live if you are willing to spend the money. But investment wise money could be better spent elsewhere.

Even not so nice places like Kuchai have higher upside due to its location to the south. Kuchai/Taman Desa are extremely closeby to the Sungai Besi Airport redevelopment as well as to the new commercials in KL South such as Bukit Jalil City and Wct Paradigm OUG.

If purchasing for future potential KL South makes more sense than KL North like Mont K. Since your money is hard earned, it's your choice if you want to pay for a property that has limited cap gain and rental potential located far from the future Klang Valley centre of gravity.

Life in Mont K is good, but look at the opportunity costs.
Asali
post Oct 7 2014, 04:00 PM

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QUOTE(ivanpei @ Oct 7 2014, 03:32 PM)
There is a reason why Mont Kiara prices are not that high compared to other areas. Oversupply is one thing but other than the international schools, Mont Kiaras primary drawing power is its branding.

Taman Desa and Kuchai are expensive due to location. Even these areas are considered rather "old" but they are centrally located in the Klang Valley future center of gravity. KL South is really hot right now due to being the center point between Putrajaya/Cyberjaya and Kl city center. Also Tun Razak Exchange and the Sungai Besi Airport redevelopment are all towards the south of KL.

With MRT 1 and MRT2 heading south and the high speed rail terminal at Sg Besi, the Klang Valley center of gravity is shifting further south. This makes areas to the North of Klang Valley not as attractive from an investment point of view.

As the financial centers shift so will the expat population. Mont Kiara is a nice place to live if you are willing to spend the money. But investment wise money could be better spent elsewhere.

Even not so nice places like Kuchai have higher upside due to its location to the south. Kuchai/Taman Desa are extremely closeby to the Sungai Besi Airport redevelopment as well as to the new commercials in KL South such as Bukit Jalil City and Wct Paradigm OUG.

If purchasing for future potential KL South makes more sense than KL North like Mont K. Since your money is hard earned, it's your choice if you want to pay for a property that has limited cap gain and rental potential located far from the future Klang Valley centre of gravity.

Life in Mont K is good, but look at the opportunity costs.
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rclxms.gif rclxms.gif rclxms.gif
corleone74
post Oct 7 2014, 11:51 PM

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MK environment is fantastic, period. Location excellent (near to PJ, BU, TTDI, Bangsar & damansara). Good highway links. Pricing still good value for the subsale condos in the sub 1M range, just compare to new launches in other further out locations - new launch @ bukit jelutong touch 600rm psf already.


This post has been edited by corleone74: Oct 8 2014, 12:07 AM
corleone74
post Oct 8 2014, 12:16 AM

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QUOTE(Gravity @ Oct 7 2014, 03:01 PM)
Hi Ivan, thanks for your input. Actually if you compare the property price now. Mont Kiara's condo is surprisingly not overpriced. Some cheras new condo are selling at sub RM600K. Condo in places like Tmn Desa, ie, OBD garden, selling at the price range of 800 - 1M, new condo in kuchai are all above 600K. This makes mont kiara's condo a bargain because you can still see properties priced at sub 700K for the older ones.

IMO, It's a bit nasty to generalized people who buy properties at MK is just for "face". There is intrinsic value in MK's condo like the crowds are different, the environment deemed to be safer and easy accessibility.

As for the affordability point that you raised, i believe people who is able to afford a 900K house are likely to be financial capable and financial savvy. I strongly believe they can afford to eat good food everyday and shop at high end places. But if they find more value in eating economy rice and shopping cheap groceries, why not?
Some prefer would like to feel international, but that doesnt mean they go for the "face" issue.  rclxub.gif . i think for face, people would go and buy condo in KLCC area or bangsar.
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rclxms.gif rclxms.gif rclxms.gif
well said. hope you find what you're looking for, be it in MK, bangsar, KLCC , kepong, BSD, or cheras.

Wiredx
post Oct 8 2014, 08:06 AM

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QUOTE(frozenne @ Oct 7 2014, 10:32 PM)
RM10 for a bowl of noodles is common everywhere
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And over in nearby desa sri hartamas one can get simple coffee shop fare.
AppreciativeMan
post Oct 8 2014, 11:00 AM

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QUOTE(Gravity @ Oct 7 2014, 03:01 PM)
Hi Ivan, thanks for your input. Actually if you compare the property price now. Mont Kiara's condo is surprisingly not overpriced. Some cheras new condo are selling at sub RM600K. Condo in places like Tmn Desa, ie, OBD garden, selling at the price range of 800 - 1M, new condo in kuchai are all above 600K. This makes mont kiara's condo a bargain because you can still see properties priced at sub 700K for the older ones.

IMO, It's a bit nasty to generalized people who buy properties at MK is just for "face". There is intrinsic value in MK's condo like the crowds are different, the environment deemed to be safer and easy accessibility.

As for the affordability point that you raised, i believe people who is able to afford a 900K house are likely to be financial capable and financial savvy. I strongly believe they can afford to eat good food everyday and shop at high end places. But if they find more value in eating economy rice and shopping cheap groceries, why not?
Some prefer would like to feel international, but that doesnt mean they go for the "face" issue.  rclxub.gif . i think for face, people would go and buy condo in KLCC area or bangsar.
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Agreed! thumbup.gif
MK has a better living environment in overall......
Due to higher cost of living there, somehow it also allows more quality or upper class ppl staying in the area......
It is hard to find another place where almost all condo are well taken care of..... Thou some condo has been old but still never eye sore....... There is upgrading or refurbishment to those old condo.....
Lastly cleanliness of the place......
Given a choice...... I would love to stay there too..... For now is only investment..... rolleyes.gif rolleyes.gif

This post has been edited by AppreciativeMan: Oct 8 2014, 11:01 AM
ivanpei
post Oct 8 2014, 11:18 AM

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Yes no denying Mont Kiara is a lovely place to stay once you have the money. If purchasing for instant gratification, go ahead. For investment, that's another story lar haha.

In my opinion the landed in Cheras better idea since you will enjoy good capital gains while you stay there. Suffer first enjoy later.
AppreciativeMan
post Oct 8 2014, 11:58 AM

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QUOTE(ivanpei @ Oct 8 2014, 11:18 AM)
Yes no denying Mont Kiara is a lovely place to stay once you have the money. If purchasing for instant gratification, go ahead. For investment, that's another story lar haha.

In my opinion the landed in Cheras better idea since you will enjoy good capital gains while you stay there. Suffer first enjoy later.
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If u compare with capital appreciation and landed prop, no doubt MK condo u can't compete it for now...... Condo in MK for investment will need to be very very selective..... Need to kno very well what's the targeted tenants...... tongue.gif
However.... What about comparing MK landed vs Cheras landed?..... Say 5 or 10 yrs down the road which will hav a higher appreciation value?....
doomdoom
post Oct 8 2014, 12:02 PM

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QUOTE(AppreciativeMan @ Oct 8 2014, 11:58 AM)
If u compare with capital appreciation and landed prop, no doubt MK condo u can't compete it for now...... Condo in MK for investment will need to be very very selective..... Need to kno very well what's the targeted tenants......  tongue.gif
However.... What about comparing MK landed vs Cheras landed?..... Say 5 or 10 yrs down the road which will hav a higher appreciation value?....
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depend on which part of cheras and new/old landed..

my choice for cheras will be mahkota cheras...freehold, new township, MRT stations nearby...

got more room to grow definetely...
ivanpei
post Oct 8 2014, 12:17 PM

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TS specifically mentioned Mont K condo or Cheras landed mar. Mont K landed in the multimillions lol. Totally different ballgame.


AppreciativeMan
post Oct 8 2014, 12:46 PM

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QUOTE(doomdoom @ Oct 8 2014, 12:02 PM)
depend on which part of cheras and new/old landed..

my choice for cheras will be mahkota cheras...freehold, new township, MRT stations nearby...

got more room to grow definetely...
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Noted...... icon_rolleyes.gif
mataseri
post Oct 8 2014, 12:47 PM

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I came to term with this dilemma 2 years ago. my wife and i works in KLCC area, and the industries that we are in, exist in big numbers around KLCC and bukit bintang area.

and we bought an old property around this area also so that we can walk to work. rather than spending 3 hours in the car daily *well most of the time we went home at 8pm to escape traffic, now can be home at 6pm.

its about lifestyle choice really. old condo might not see big jump in appreciation compared to landed because the price has stabilized.

Dont worry about cheras, i've lived in batu 9 cheras long enough to know that even with MRT completed, traffic problem is unlikely to be solved there.

if ppl stay near where they work. no need for lrt maa.. haha
HELLO HELLO
post Oct 8 2014, 12:48 PM

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welcome to mont jiulai south.
cruze3
post Oct 8 2014, 11:47 PM

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Even the older ones like Palma or Sophia is really nice
corleone74
post Oct 9 2014, 12:42 PM

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QUOTE(cruze3 @ Oct 8 2014, 11:47 PM)
Even the older ones like Palma or Sophia is really nice
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i agree, both are really nice and great for own stay. don't forget pelangi as well.

i think sophia appeals to the slightly senior crowd who prefer the peace and quiet, landscaping, and low density. maintenance fee is high, though. fewer units on the market compared to the others, too.

This post has been edited by corleone74: Oct 9 2014, 02:46 PM
icez
post Oct 9 2014, 01:00 PM

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If you're looking at MK condo's, try your best to stay with the condo's that are still managed by UEM Sunrise. They generally have better maintenance quality in the long run.

If you intend to buy on Jalan Kiara 3, I would generally not go further than Ceriaan Kiara on that road. After Ceriaan, the look and feel drops alot.
TSGravity
post Oct 18 2014, 09:08 PM

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Yesterday, i have finally done my visit to KDS.

The following are my opinions:-

Good side of KDS:

1) Low density. There are only 6 units per floor.
2) Good maintenance. Despite being a 4 years old condo, it is still looking good.
3) Quiet (except during schooling hours)
4) The units that i've viewed have generally good layout.
5) Acceptable ceiling level. It doesnt give me a "crampy" feeling like i-zen did.

Bad side of KDS:

1) The entrance is not as good as other projects, but it is still acceptable.
2) parking... you need to go round and round up to the visitor's parking.
3) If you're buying unit facing the front road, there's a construction going on not far away, or if you buy the tower facing Casa Kiara 1, you will notice that you're practically facing directly to another condo. (The one i've been to is facing Kiara 5 road. It's quiet and i really like it).
4) Maintenance fees is RM0.30 excluding sinking fund. It is high for some people.. but to me i think it's alright.

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