Went to visit the site a few days back. Honestly not sure what's the attraction to the place other than the 'Mont Kiara' address.

Issues;

1. Too far away from the commercial/cafe areas of Mont Kiara so walking there is a no no. Only feasible way is via cars which is a problem because..

2. Bloody narrow road! UEM definitely has to widen that road otherwise no way in hell residents can survive with 2nd/3rd cars parked outside ala Residensi Pandanmas. Can only imagine in the morning when everyone is exiting the junction to head to work. Bloody nightmare!

lol bro. nothing against the affordable housing scheme. My issue is with the existing road connecting the main road to KK. Indra already answered my concerns that UEM will widen the road but I still think that the junction will be heavily bottlenecked especially during peak periods (morning/evening rush).

On top of that every resident will be forced to have their own car to head to work/buy groceries since KK not near any public transport at all. There's 700 units there so expectation is that 1000++ cars using/parking on the curbside EVERY day effectively making it a one lane road like Residensi Pandanmas. Just stating facts.

lol I didn't notice this. Postcode for Mont Kiara is 50480 in case anyone's interested. So unless they convert the entirety of Kg Segambut Dalam to Mont Kiara this property is still Segambut and should only be fairly valued against other Segambut properties.

This post has been edited by zack.gap: Jun 16 2020, 11:28 AM

Have checked all those developments you mentioned. Fun fact but those owners thought Jalan Segambut Dalam would be converted to Jalan Kiara 3 7-10 YEARS ago.

As a side note if anyone wants to buy for own stay in the area check out Aston Kiara 3. Asking price is now below 400 psf, VP-ed 2011 and freehold somemore. Still want to invest in the area? 🤣

You're okay with properties launching at 600++ psf and now going for around 370-ish psf? If that doesn't tell you how bad that side of 'Mont Kiara' is for investment then I don't know what will..

KK 300,000/850 = 353psf

AK3 567,000/1,518 = 373psf

If AK3 price drop to ~550k then AK3 is basically same value as a rumahwip. Might as well buy AK3 imo (assuming you can stomach the maintenance fees).

Quite surprised on this project. I pass by everyday while taking Duta toll and noticed progress has been quite slow lately. Don't think UEM is facing cash flow issue so not sure why they don't VP earlier?