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Arte Mont Kiara is set to be another futuristically designed serviced residence located within the upscale neighbourhood of Dutamas. It is a work of art in progress, set within the 75.5-acre mixed development of KL Metropolis. Arte Mont Kiara is a project that will span 3.25 acres of land, and tout an outrageous theme of olden day French and modern contemporariness.
Econpile Holdings which is one of the best in its industry will handle the piling and related works for Arte Mont Kiara with an RM95.5 million contract, while the architectural side will be handled by Sparks Architecture, the award-winning firm which built and created Clarke Quay, Singapore.
Built on commercial titled leasehold land, Arte Mont Kiara is a development that mainly touts bite-sized units with a total of 1692 units. The homes here will range between 440 sf and 1,100 sf, housed within three towers. Tower 2 of the development will also host a hotel from the 20th floor onwards.
Tower 1 will stand at 35 storeys tall with simplex and duplex serviced suites, Tower 2 at 52 storeys with the hotel, duplex residences and and simplex serviced suites while Tower 3 will stand at 36 storeys tall and house simplex serviced suites and duplex serviced suites and serviced residences.
The planning of Arte Mont Kiara is clearly skewed towards short and long term renters of KL Metropolis’s offices and exhibition centre, the MATRADE HQ which will be the largest exhibition centre in South East Asia upon its completion. Even now in Q1 2016 in the midst of its construction, it is said that there is already a 2-year booking on the exhibition centre. The MRT Line 3 is confirmed to have a stop in KL Metropolis already, and the entire KL Metropolis is targeted to be completed by 2025.
Located within a short drive from numerous top international schools, Arte Mont Kiara is also noted to be home to expatriates. The shopping malls in this area are dedicated to expats, and the connectivity and accessibility to Arte Mont Kiara is excellent with the New Klang Valley Expressway (NKVE), Sprint Highway, Penchala Link and DUKE Highway within the vicinity. Arte Mont Kiara is located almost literally behind Publika and within a stone’s throw from Solaris Mont Kiara.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Arte Mont Kiara | 2019 |
RM300,000
-
RM11,000,000
RM 362 psf - RM 11,363 psf |
RM900 - RM900 | NIL | 0.83 % |
Concerto Kiara | July 2015 |
RM720,000
-
RM1,600,000
RM 417 psf - RM 809 psf |
RM3,300 - RM3,300 | NIL | 3.67 % |
Icon Residence (Mont Kiara) | 2015 |
RM430,000
-
RM3,000,000
RM 46 psf - RM 1,526 psf |
RM1,950 - RM1,950 | NIL | 2.09 % |
Seni | Aug 2010 |
RM1,800,000
-
RM14,000,000
RM 528 psf - RM 1,572 psf |
RM6,500 - RM6,500 | NIL | 1.54 % |
Lumina Kiara | 2010 |
RM1,000,000
-
RM43,900,000
RM 587 psf - RM 10,707 psf |
RM3,500 - RM3,500 | NIL | 0.34 % |
Tiffani Kiara | July 2009 |
RM700,000
-
RM6,500,000
RM 435 psf - RM 1,177 psf |
RM2,700 - RM2,700 | NIL | 4.54 % |
Solaris Dutamas | 2009 |
RM447,000
-
RM2,100,000
RM 427 psf - RM 1,264 psf |
RM1,199 - RM1,199 | NIL | 6.05 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 674 psf | RM 333,333 psf | RM 845 psf |
1,000 - 1,500 SQ. FT | RM 530 psf | - | RM 1,589 psf |
1,500 - 2,500 SQ. FT | RM 597 psf | RM 4,050,000 psf | RM 1,331,737 psf |
2,500 - 4,000 SQ. FT | RM 725 psf | RM 2,075,000 psf | - |
4,000 SQ. FT and above | RM 731 psf | - | - |
Note:
Down Payment (10%) | RM 37,600 |
Loan Amount ( 90 %) | RM 338,400 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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