Currently there is no any active unit at this price in the lelong market. Got 2 units no bidder at 6xxk few months ago. Next fall will be below 600k but it didn't happen. I think owner manage to clear off the debts with the bank.

🔥🔥BE VERY VERY CAREFUL OF DEVELOPER’S PROJECT MAP🔥🔥

Good evening guys, I just had an engaging and enlightening conversation with a client about Mont Kiara projects. (Thank you Mr.TH 😉)

As you guys know I am selling one of the projects in Mont Kiara. Thus it is inevitable that when I discuss projects with clients, we need to do area and comparative analysis.

So in our discussion, he brought up a project in Jalan Kiara 4 that he claims is selling far cheaper than the project I am recommending.
As far as I know, the only under construction project selling cheaper than my recommendation in Mont Kiara is Inspirasi and there’s a DARK reason why so. But Inspirasi is located off Jalan Kiara 3 (Jalan Segambut to be exact)

Just for my reader’s information, Aston Kiara 3 is located in Jalan Kiara 3 after the Kampung Segambut area. So is Inspirasi.
You see, to get to Aston Mont Kiara 3 and Inspirasi, you need to go through the maze of Jalan Segambut within Kampung Segambut.
Due to this unsavoury road, the capital appreciation of Aston Kiara 3 is among the WORST in Mont Kiara. And friends, this is the reason why Inspirasi is selling so cheap.

Anyway, I am of course surprised. I thought there is a development which I do not know as of yet. Since I am a property analyst, I felt I didn’t do justice to my clients if I did missed out something in Jalan Kiara 4.
However, I am just a human, and I do make mistakes. Therefore I went back to my property data. Still couldn’t find it. I also told Mr.TH to check with Google Map the exact location of that mystery project.

Minutes later, Mr.TH messaged me back admitting he was wrong. That project is indeed Inspirasi.
And he is NOT to be blame at all.
The culprit that led him to believe so is the DEVELOPER’S MISLEADING MAP.

He forwarded me the map and lo and behold, the developer “conveniently” drew the project in Jalan Kiara 4 where in fact it’s not even in Jalan Kiara 4 nor Jalan Kiara 3.
It’s Jalan Segambut. The ugly sore thumb neighbourhood of Mont Kiara.

Lesson of the day.
NEVER BELIEVE DEVELOPER’S MAP. 😅
Check for yourself the exact location of the project.
Never believe the agents or even me.
Always do your homework before buying.

Additional articles courtesy of propsocial.com and propertyreviews.com

I got a good example. Located opposite one another only.

Sentul Village 
948sqft 530k (1CP) 
948sqft 560k (2CP)

VS
Maxim Citylight 
856sqft 380k (2CP)
1009sqft 400k (2CP)

Rental rate is about the same.
But why is there such a big gap in the selling price? Different product? 
Same area. Or is it because LH vs FH???

@ North Kiara

Segambut Dalam.

Read: https://www.thestar.com.my/business/busines...uctioned-units/

Other than Iskandar Malaysia in Johor, Leslie is also seeing high-rise residential units from Jalan Segambut Dalam which developers sold off as Mont’Kiara.

Aston Kiara 3 is the shining star in the lelong market. Handful of units. Can get a 1500sqft unit at below 600k there.

Dont think is location problem coz Richmond located right beside got no lelong unit for the past year.

Got no idea. Badly maintain? High maintenance fees? Just guessing. Need to refer to those staying there currently.

Only got 160 units in total but number of lelong units is high. Around 10 units plus for the past year 2017 till today.

Never ending lelong units coming in from the next door neighbor.
3 units in queue. Can get at 600k.

First lelong unit check in.