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Golden Vista Realty is a registered estate
agency located at Gateway Kiaramas Office Building, Mont Kiara,
Kuala Lumpur. The agency has a strong presence in
Kuala Lumpur with a team of professionally qualified and licensed
negotiators, each having an extensive knowledge of the major
residential and commercial areas of Kuala Lumpur and surrounding districts.
Gateway Kiaramas, Mont
Kiara, Kuala Lumpur
Gateway Kiaramas is a high-rise development which consists of a
serviced apartment and a corporate office tower. It is nestled
within the upscale Mont Kiara area. It is developed by Asia Quest
Holdings, the same developer for all Kiaramases' residential in the
enclave. This freehold development was completed in January 2010.
This 30-storey condo comprises a total of 168 residential units.
Gateway Kiaramas is a mixed development, which also has a total of
168 office suites on an 11-storey corporate tower. The residential
units have built-up areas ranging between 743 and 3,563 sf.
Gateway Kiaramas is located exactly besides the Sprint Highway (Penchala
Link) within the Mont Kiara enclave, and bordering Sri Hartamas.
This new high rise development is easily accessible via major road
networks, namely the Sprint Highway (Penchala Link), North - South
Highway (via Jalan Duta), Jalan Sri Hartamas 1 and Jalan Duta.
Gateway Kiaramas is within easy reach to shopping malls, schools,
cafes and restaurants, business centers and many others. The nearby
amenities include Mont Kiara Business Center, Hartamas Shopping
Center, Plaza Mont Kiara, Bangsar Village, Bangsar Shopping Center,
SMK Sri Hartamas, French International School, Garden International
School, Bukit Kiara Equestrian Club, Pantai Medical Centre, and
Kuala Lumpur Golf and Country Club.
Property Details
• Name: Gateway Kiaramas
• Address: Jalan Kiara 5, 50480 Mont Kiara, Kuala Lumpur
• Developer: Asia Quest Holdings
• Completion Date: January 2010
• Type: Condominium & Office
• Tenure: Freehold
• No. of Units:
• Condominium: 168
• Office: 168
• No. of Storey:
• Condominium: 30
• Office: 11
• Built-up: 743 to 3,563 sf
• Maintenance Fee: RM0.25 psf
• Launch Price: RM328,200 - RM1,840,000
• Subsale Price: From RM620,000
• Rental: From 2,500
Facilities
• Multi-tiered security system
• Sky lounge
• Fitness centre
• Aquascape garden
• Sauna
• Hot water spa
• Lap pool
• Children's playground
Analysis
Gateway Kiaramas was developed by Asia Quest Holdings, which is one
of the well-known property developers within the Mont Kiara area.
The developer of Gateway Kiaramas has had many proven track record
of successful projects. Having successfully completed other
developments such as Kiaramas Cendana, Kiaramas Sutera, Lanai Kiara
and Vista Kiara, the developer's good reputation in the local
property market has truly demonstrated its credibility.
While traveling along the Sprint Highway (Penchala Link), it is
totally impossible to miss out on Gateway Kiaramas, as it is located
just right beside the highway. It definitely has an advantage, as it
is easily accessible via the highway. However, as one looks at the
privacy and exclusivity factors, the close proximity to the highway
may be a drawback. Even though the units at Gateway Kiaramas do not
directly face the highway and in fact face the opposite direction,
the building is still considered to be too close to the highway.
Furthermore, property owners of Gateway Kiaramas are also expected
to endure unpleasant noise pollution and dust. Apart from that,
construction progresses from nearby new developments would further
worsen the condition. Traffic congestion is also another daily issue
as the expressway is well known for heavy traffic flow. The traffic
issue is further aggravated by the area's density as there would be
more vehicles on the road within the area.
When one talks about Mont Kiara and Sri Hartamas areas, they are
thought to be similar to "pots of gold", as places like these are
often highly sought-after due to its high capital appreciation, as
well as promising rental returns. However, as more and more new
developments mushroomed at Mont Kiara, one should take note that
this area has become very crowded with many high rise condominiums.
Each of these condos is well planned and may not be densely
populated but on the whole, it is the number of condominiums in the
area that has contributed to the overall population.
Apart from that, potential property buyers are also reminded about
the close proximity between Gateway Kiaramas and high tension power
lines. When one drives around the area, one would notice the
presence of the power lines running near to Gateway Kiaramas.
However, the site has been declared safe by the relevant Malaysian
governing body in regards to the radiation with a safety report
issued.
Pricing wise, being located at an affluent area does indeed affect
the market price of Gateway Kiaramas. Similar to its nearby
developments, this condo falls in the range of medium to luxury
residential development. As the Mont Kiara vicinity fetches a high
value, property owners are expected to enjoy approximately 20% of
capital appreciation upon completion.
Sources: www.propwall.my
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