With the nouveau riche as its target market, i-Zen @ Kiara 1 was launched in 2008, quite ironically after i-Zen @ Kiara 2, which was launched in 2006. This compact freehold development consists of a single block 35-storey tower housing a total of 302 condominium units.
Right behind it is the older i-Zen @ Kiara 2, which sits right beside the One Mont Kiara mall. Other residential properties in close vicinity to i-Zen Kiara I are Mont Kiara Pines and Mont Kiara Palma in what known as the “original” cluster of pioneering condominiums in Mont Kiara. It occupies a rather prime location in the heart of Mont Kiara, although being next to a highway has its drawbacks.
The property does have a distinctive “love it or hate it” feel to it; undoubtedly there will be a niche of buyers and tenants that this project will specifically appeal to. If you’re interested in investing in a unit here at I-Zen 2, then you’ll do well if you know the specific nuances of the crowd that finds it especially appealing…
i-Zen @ Kiara 1 Prices
As of writing, average asking price is at RM700+ PSF. Comparing this with the launch price of RM400 PSF, the price has gone up by more than 75% in merely five years which is amazing even by Mont Kiara’s standards. As they say, a rising tide floats all boats, and so it’s advisable to benchmark this rise against the Mont Kiara average. More on how to do this later.
RM700 PSF is relatively higher especially when compared to its neighbors like Mont Kiara Pines (which sells at an average of RM550+ PSF) and Mont Kiara Palma (at RM600 PSF). The price difference may be explained by the fact that i-Zen Kiara I is a newer development and it is much closer to the malls (One Mont Kiara and Plaza Mont Kiara).
The brighter side is, i-Zen Kiara I’s price tag is still considered moderate compared to other newer Mont Kiara properties such as MK10 and 11 Mont Kiara (both breaching the RM800 PSF level at the time of publication of this review). To determine if these are fair prices, use our valuation guide.
The chart below shows the trended asking prices for i-Zen Kiara 1 for the past few months courtesy of our friends at GoodPlace.my and their army of internet bots –
i-Zen Kiara I – Configurations
Interested home buyers have five designs to choose from:
- Design 1A has one bedroom, one bathroom and a powder room and is sized 805 sq ft.
- Design 2B has two bedrooms and two baths and has a built-up size of 913 sq ft.
- Design 3A has three bedrooms, a utility room and three baths. Built-up size is 1,362 sq ft.
- Design 3C also has three bedrooms, a utility room and three baths but slightly bigger than 3A at 1,407 sq ft.
- Design 3D has three bedrooms and two baths and is sized 1,154 sq ft.
All units have laminated timber floorings for the living, dining and bedrooms, while other rooms are finished with ceramic tiles. We have seen the finishing ourselves and it does look rather nice and classy. 🙂
i-Zen offers the following facilities to their residents:
- Landscaped garden
- Swimming pool
- BBQ area
- Squash court
- Kids’ play area
- Covered parking
- Observation deck
- 24-hour security
Quite bog-standard facilities, but having seen Ireka’s portfolio of development projects the quality factor should be there. Since I-Zen would be one of Ireka’s biggest showcases it would be plain silly for the developer to screw this up. 😉
The table below shows i-Zen 1’s vital statistics and more –
|Name||i-Zen Kiara 1|
|GoodPlace Walkability Score||94|
|Rental||RM1,850 - RM7,700|
|Subsale||RM794 PSF (Transacted)|
Ireka Development – A Pedigreed Developer
Ireka Development Group, a diverse group involved in infrastructure, real estate and technology, developed i-Zen @ Kiara I along with other developments like i-Zen @ Kiara II, the One Mont Kiara mall (just right next to it), Villa Aseana (a rather fabulous landed development in the “other” side of Mont Kiara – reviewed here), Tiffani Kiara, Kiaraville (a rather high density condo; see here for review) as well as the exquisite Seni Mont Kiara.
It also boasts of being the developer of the Westin hotel in downtown Kuala Lumpur, a five-star 452-room hotel which it had sold in 2007 for a hefty RM1 million per room. Aside from property development, Ireka is also involved in earthworks, roadworks and public utility works. Ireka’s businesses are not only confined in Malaysia but have also expanded in Vietnam. Recently one of its biggest projects have been the RuMa branded residences on Jalan Kia Peng – read here for a review by KLCCcondominiums.com.my.
Ireka remains one of the “big three” Mont Kiara developers (next to numero uno big brother UEM Sunrise and Asia Quest), but it has carved a niche for itself with its upmarket, design-ish projects which are markedly different from the “churn ’em out of the mill” condominiums where production speed seems to be the norm.
Living In Mont Kiara
Mont Kiara’s location is one of the best in Kuala Lumpur in terms of connectivity. The sought-after enclave may be accessed via major roads like NKVE, Jalan Duta, Penchala Link or Jalan Bukit Kiara, which all link to Sprint Highway. Since i-Zen Kiara I is located right on Sprint Highway, navigation is very easy. However, public transport is not really an option since Mont Kiara is not currently being served by trains or buses. However, residing in Mont Kiara means that all your needs are satisfied through a short drive or a short walk even. Perhaps one of the reasons why Mont Kiara is so popular among home buyers is the convenience that comes along with it.
It’s perhaps interesting to know that i-Zen 1 has got one of the best GoodPlace Walkability Score (GWS) of any Mont Kiara condominium. Find out more about what this means (and how it can impact your decision to buy or not to buy) inside the Mont Kiara Buyer Guide –
Shopping is especially very convenient for i-Zen Kiara I residents as it is just meters away from the fairly new One Kiara Mall. Just right across Jalan Kiara is the venerable Plaza Mont Kiara and right across the highway is the Hartamas Shopping Centre in the Desa Sri Hartamas area.
For your dining pleasure, other than those inside shopping centres, walking around from i-Zen Kiara I will take you to Tony Roma’s for steaks, Las Vacas Mont Kiara for burgers, Marmalade Kafe for coffee or Somo for your sushi cravings. If you’re up for some fast food, there’s also a McDonald’s nearby. You may also opt to hop to Desa Sri Hartamas for Korean seafood and barbecue.
Schools are never a problem for Mont Kiara residents as there are a number of schools nearby. There is one within Mont Kiara – the Mont Kiara International School (MKIS) – on Jalan Kiara. Other schools within short distances are Garden International School, Summerfields Preschool and SMK Sri Hartamas. A lot of music, language, arts and crafts schools also abound in the area such as Peony Music, MJ Language Centre, D Vida Music Academy, Beat Kitchen and Da Vinci Solaris.
For emergencies, the Global Doctors Hospital and Kiara Medical Centre are within the vicinity. Hobbyists may find it advantageous that the KL Golf and Country Club and Bukit Kiara Equestrian Club are nearby.
i-Zen Kiara 1’s location can be a strong selling point (centrally located at the “entrance” to the Mont Kiara enclave; walking distance to One Mont Kiara, Plaza Mont Kiara and the Shoplex; the MKIS is just up the road) or a negative factor (just next to the highway which means that there’s noise and dust). We are admittedly “fatigued” by the close clustering of condominiums on Jalan Kiara, and developments further up north and east (Kiaramas) seem to be more appealing to us these days.
Having said that, we are huge fans of Ireka – the developments have a very strong aesthetic flavour which sets them apart from the regular run-off-the-mill Mont Kiara condominium. Out of Ireka’s stable of condominiums in Mont Kiara, i-Zen Kiara 1 is just right behind Seni in terms of price, and more expensive than its sibling i-Zen Kiara 2 as well as Tiffani. We do think that this is rather fair given that Seni is newer (completed in 2010) and looks more “updated” in terms of design.