Hello everyone,
First let me introduce myself, I am a first time property investor, I've been looking at a few locations for long term investment (not to flip); and I've basically narrowed it down to Mont kiara.

Being a first time investor (on a budget) I've further narrowed it down to studio units (7-800sft); namely in I zen kiara I/II or in arcoris.

Any tips from seasoned investors regarding this?
Is mont kiara a suitable location?- People say don't expect capital appreciation in this area as it is already saturated.
I know no one can guarantee anything but any tips are welcome

This post has been edited by Bambiwurst19: Sep 29 2017, 10:00 AM

"Don't expect capital appreciation in this area as it is already saturated", you have your answer.

The same people here. Listen to what people say or take the risk. Decide

^

Mont'Kiara is a choice address for expat tenants. More and more local owners do stay in Mont'Kiara nowadays. If you would like to invest in Mont'Kiara, take a good look at the secondary market rather than new launches. Avoid Jalan Kiara 3. Buy a property that could easily be rent out, as not all Mont'Kiara properties are doing well. However, do not expect great capital appreciation in the short term (this happens everywhere now).

Thank you for your input, may I ask; why do you mention to avoid jalan kiara 3?

I also want to know why avoid that place..

Duplicate post

This post has been edited by winner: Oct 8 2017, 10:57 AM

Duplicate post

This post has been edited by winner: Oct 8 2017, 10:56 AM

Try to drive to Jalan Kiara 3 even during NON-PEAK hours on weekdays. You know what I mean.

because it is joined to jalan segambut dalam. kampung area. many many foreign workers will be walking along the roadside.
needless to say the jam. crazy. so many high rises sharing that road and dont see any chance of improving the road condition there.

I see..
Then what do you think about residensi Harmony 2 by BREM Holdings Bhd?
Used to be named as Prima Harmoni 2