Mont kiara has lotsa new supply and more coming online soon. But other than the big picture, you should look at it in detail. Majority are Sunrise developments....and I can tell you that every sunrise development in Mont Kiara has risen in value every year. Sunrise has its way of at least maintaining prices of its projects. And if you notice, most new projects are for large units (>2ksf), so buyers are less likely looking for rental as it is difficult to push these units in the rental market. Most buy to stay or hold. Thus, most buyers are able to afford em......they will not be easily pushed to sell and will be unlikely to sell at any loss. Instead, I think there will be more demand for the smaller sized units. New projects are already opened at RM600/sf. Heck, even a new condo in Tmn Desa opened for RM400/sf!
Just take a look at the daily adverts on property for auctions.....how many do you see in Mon't kiara area? Quite rare.