Kiara 3, Mont Kiara

Kiara 3 is a new condominium residing in Mont Kiara. Sited at the end of Jalan Kiara 3, it is adjacent to Impian Villa, Kiara 1888, Kiara 9, One Kiara and Ceriaan Kiara.

Kiara 3 comprises of a single 22-storey block with 8 units per floor and 7 units on 16th floor. There are a total of 160 units. The residences start from Level 5 up to Level 22. Level 3 is its recreational and facilities floor which house swimming pool, squash court, gymnasium, cafeteria and sauna. Level 1A, 1B, 2A, 2B and 2C are for car park bays.

There are 8 types to choose from the development of Kiara 3. Type 1 and 2 comprises of 1,598 sf built-up with 3 bedrooms, 3 bathrooms. Type 1 is facing the west & overlooking the green hills. Meanwhile, Type 2 overlooks Mont Kiara vicinity to the south.

The typical unit at Kiara 3 is designed with an open plan area for living, dining and kitchen area. The master bedroom comes with an en-suite bathroom, whilst 2nd and 3rd bedrooms share access to the 2nd bathroom. Each unit comes with a yard.

Kiara 3’s Type 3, 3A and 5 units measure 1,518 sf of built-up. The 3 and 3A units come with 3+1 bedrooms and lanai (except Type 3A). Type 5 units come with 3 bathrooms, 2 bathrooms are en-suite for master bedroom and 2nd bedroom. Type 3 units are facing the north, while Type 3A units are facing the south. Type 5 units are facing the north. Each type is design with a yard and lanai (except Type 3A).

Type 7 and 8 units of Kiara 3 have built-ups of 1,598 sf with 3 bedrooms and 3 bathrooms. The master bedroom comes with en-suite bathroom, whilst 2nd and 3rd bedrooms have shared access to the 2nd bathroom. Type 7 units are facing the north and the east, while Type 8 units are facing the south and the east, which are also facing the pool.

Property Details

• Name: Kiara 3
• Address: Jalan Kiara 3, Mont Kiara, 50480 Kuala Lumpur
• Developer: HR Group
• Completion Date: Mid 2011 (estimate)
• Type: Condominium
• Tenure: Freehold
• No. of Storey: 22
• No. of Units: 160
• No. of Bedrooms: 3 & 3+1
• No. of Bathrooms: 2 – 3
• Built-up: 1,518 & 1,598 sf
• Launch Price: RM615 psf

Facilities

• Gymnasium
• Landscaped garden
• Reading room
• Restaurant

Analysis

Kiara 3 will have a hard time to appreciate in terms of pricing. It is located in the end of Jalan Kiara 3 (which is actually Jalan Segambut to be exact). Even though it is still to be said within the posh Mont Kiara enclave, it is actually surrounded by villages. You will pass these villages along your way every time you go out or return home.

Adding to that, Mont Kiara property market itself is suffering from oversupply at the moment. Prices have not gone up much for the past recent years and most units along the Jalan Kiara 3 are tagged around RM415 psf. Hopefully Kiara 3’s low density feature will help it to survive in this urban jungle.