I-Zen is a brand created by the Ireka Development Group. Guided by the 5S principle (Style-Service-Security-Sophistication-Soul), the properties under the i-Zen brand are expected to deliver all these for their owners. Among the developments under the i-Zen brand are Kiara 1, Kiara 2, Villa Aseana and Tiffani. With the success of this brand in Malaysia, Ireka is expanding its reach to as far as Vietnam.
i-Zen @Kiara 2 (ironically older than i-Zen @ Kiara 1) is a 238-unit freehold serviced apartment property. It is located on Jalan Kiara and is a part of the integrated development which includes the One Mont Kiara shopping mall. This has been seen as a “trendsetter” of sorts for serviced apartments in Mont Kiara being the first to offer this kind of residences; for example, the upcoming Kiara 163 follows this mold rather closely.
i-Zen @ Kiara II added uniquely designed units in its offering. Buyers have an option to purchase 3+1 or 2+1 studio units which has a separate entrance for the studio. Whether to utilize it as a SOHO or as a separate apartment is up to the buyers. We like this nifty feature a lot 🙂
Units are built up from 725 to 1,701 sqf with four configurations to choose from:
- 1 room (725-748 sqf)
- 2+1 rooms (1,078 sqf)
- 2 rooms + studio (1,325 to 1,368 sqf)
- 3+1 rooms + lanai or studio (1,540 to 1,701 sqf)
Aside from the in-house school, other facilities for relaxation are a fully-equipped gym, swimming pool, cafeteria, sauna, yoga area, covered parking, business centre, games room, jacuzzi, and a hotel-like concierge. Security is assured 24 hours a day. Pretty standard stuff.
i-Zen 2 Pricing Analysis
Based on recent research, units at i-Zen @ Kiara II has an average asking price of RM630 psf. As recent as last June, a 1,365 sq ft unit was sold for RM740,000, which translates to about RM540 psf. This is a bit less expensive than its younger sibling, Kiara 1 which sells at an average of RM720 psf (asking price) and other comparable properties such as 10 Mont Kiara and 11 Mont Kiara. Kiara II is older compared to the latter two, but it enjoys a rather “better” location with walking distances to One Mont Kiara and Plaza Mont Kiara although a little further to the schools.
To check for this development’s “fair market price“, click here for a guide.
A number of shopping centres, schools, restaurants and hospitals are within short distances. Being right beside the One Mont Kiara mall is indeed fab:) Other shopping havens in nearby neighborhoods are IKEA (barely 10 minutes away), Carrefour on Jalan Kepong, Suria KLCC at the city centre. There are local markets also, one of the most popular being the ABC Market at the fountain area of Plaza Mont Kiara.
Dining has always been everyone’s favorite and Mont Kiara doesn’t fall short in making sure that residents have more than enough options. There may be limited choices in Mont Kiara itself (being an exclusive neighborhood), but there are occasional restaurants such as Tony Roma’s, Ramen Taiko and Las Vacas. Your choices abound if you cross over to Jalan Sri Hartamas. There you will find Gami Korean Seafood, Fong Lye, Modesto’s, Burger King and Daorae Garden Korean BBQ at the Hartamas Square.
If you have school children, i-Zen @ Kiara II actually has an in-house preschool and elementary school called Children Discovery School. Inside the Mont Kiara enclave are Mont Kiara International School and Garden International School. The KL Golf and Country Club, Bukit Kiara Equestrian Club and Bukit Kiara Public Park add to the attractiveness of the enclave.
i-Zen @ Kiara II may be accessed through major roads in Kuala Lumpur that link to Sprint Highway. These roads are Penchala Link, North Klang Valley Expressway and DUKE. Although not a major concern for residents, Mont Kiara is not serviced by public transport. Your best bet at public transportation is a taxi.
Kiara II enjoys a strategic location at the “entrance” to the Mont Kiara enclave, and for that reason it comes at a premium. We like it for obvious reasons: a reputable developer with a good track record of building Mont Kiara condominiums, proximity to the shopping malls and hence the uber convenience factor. Additionally, the “apartment + studio” configuration (known also as the “mother in law” arrangement – go figure) is pretty cool, and opens up opportunities for short lets. The price is also somewhat pegged at around 10% lower than its sibling i-Zen @ Kiara 1, and for that reason it does seem to be a bargain.
On the negative side, being next to the SPRINT highway means that there’s noise and pollution to endure. Also, being at the entrance of the main artery to Mont Kiara means there’s the perennial traffic jam problem. This property’s vulnerability to “ghost listings” is another.
All in all, i-Zen boasts of superior “walkability” (Google for GoodPlace Walkability Score) with its closeness to Plaza Mont Kiara and One Mont Kiara, nifty configuration and rather competitive prices driven by the mismatch between supply and demand. If you’re interested in securing a unit here for yourself either for own stay or investment, remember to find out what’s the property’s “Fair Market Value” (FMV) so that you do not overpay.