Kiaraville is an upmarket condominium located in posh district of Mont Kiara. With its French architecture-inspired interior and grand landscapes, its spaces offer serenity amidst a busy city. Matched with good facilities and amenities, this condominium developed by up-and-coming property developer Binaderas is a great balance of modern and contemporary, of luxury and practicality, and class and substance. Kiaraville is located near Tiffani Kiara, and just next to Seni Mont Kiara. Landed development Villa Aseana is right opposite.
Binaderas collaborated with OCBC Bank and Capital Land in the development of this condominium. Relatively new in Malaysia property, Binaderas seemed to show a lot of promise with Kiaraville. Backing up Binaderas is Capital Land, a powerhouse property developer that has developments in major cities such as Europe, Australia, and other parts of Asia. We have tried to do some more digging about Binaderas but couldn’t find anything substantial (dirt?) about the developer to share… so take that for what you will. 🙂
Its architecture and design is credited to BEP Arkitek, apparently one of Malaysia’s biggest architect firms around. Focusing on aesthetics and modern design, the condominium hosts two 2.4 metre high bronze figures created by New York-based sculptor Eng Tay (check out more of his work here).
These two bronze figures alone were already valued at a whopping RM2 mil by the completion of the condominium… they do look kinda exquisite, but the editors of PropertyReviews.my are no purveyors of fine art and so won’t be in a position to comment much about these pieces of art. 🙂
Kiaraville Pricing Details
Since its completion in 2008, unit prices have risen by almost 30%, with prices ranging from RM800 to RM900 PSF during its peak. For its latest asking prices, refer to the chart below which shows the trend of the average asking prices for the last three months:-
The information above was collated from PropertyReviews.my Public Price Tracker. For a simple guide on how to use pricing information to estimate a property’s fair market value, click here (it’s a free download courtesy of GoodPlace.my).
Configuration & Amenities
The condominium rests above more than six acres of freehold land inside the Mont Kiara enclave. Kiaraville is made up of six blocks, each made up of 9-18 levels. Units come with three or four bedrooms, and are measured within a range of 1,593 square feet to 3,942 square feet.
Some nifty facilities and amenities will welcome you as you step into Kiaraville. For starters, the condominium has a swimming pool, barbecue area, gymnasiums, children’s playground, a sauna, a squash court, a tennis court, 2 covered parking slots per unit, and a large jogging track. A private walled garden and terrace also provides a serene environment for city-dwellers. It also offers a hair salon, a launderette, a mini-mart.
The table below summarizes Kiaraville’s specifications for your convenience –
|GoodPlace Walkability Score||70|
|Rental||RM1,550 - RM5,700|
|Subsale||RM663 PSF (Transacted)|
Since its completion in 2008, many prospective residents of Kiaraville Mont Kiara are attracted to the condominium’s accessibility to almost every major expressways and roads that lead to the city. Traveling and commuting would not be a problem as the condominium is strategically situated to be within close proximity to the following roads and expressways:
- New Klang Valley Expressway (NKVE)
- North South Highway (PLUS)
- Penchala Link
In addition, the condominium is within walking distance to retail shops, restaurants, and schools. Mont Kiara International School (MKIS) and the French International School (up in the Dutamas area) are only minutes away by car. Shopping malls and grocery stores are all within walking distance; Kiaramas is near Solaris Mont Kiara which is pretty convenient.
Views and Analysis
Mont Kiara is a great location to live, and has attracted a lot of locals and expatriates alike because of its accessibility and strategic location. Though the location paves way for convenience, a downside may be hours stuck in traffic jams especially during peak hours.
For a condominium that is located in Mont Kiara, Kiaraville is reasonably-priced, considering its above average facilities and amenities. Its price is relatively lower compared with other condominiums in the area. Its modern design and contemporary interiors would attract anyone with an eye for aesthetics. Families would like its convenient location, being near schools and convenience stores, and singles would enjoy its nearby spots, such as malls, restaurants, and boutiques. The privilege of living in a prestigious address is also something to take note of.
Kiaraville has received some bad rap from its residents with allegations about water leakage and poor maintenance from readers of PropertyReviews.my (see comments below). While these are unsubstantiated, remember to check these out if you are planning to invest in a unit here. Additionally, when figuring out how much you should pay for a unit, consider the transacted prices instead of the asking prices that you see in the listings (they rarely, if ever, reflect true market value).