Arte Mont Kiara Overview
Arte Mont Kiara is located in Dutamas just behind of Solaris Dutamas or also known as Publika. It is the first development in KL Metropolis which is a 75 acres mega development which includes the largest exhibition center in South East Asia (new MATRADE), shopping mall, retail centers, 5 star hotel, grade A offices and a MRT line.
The development is designed by London based SPARK Architects which features a chic retail mall at the ground levels and urban living concept designs which mimic French and retro lifestyles.
Arte Mont Kiara offers 1600 units starting from 442sf to 1100sf within 3 towers of 35 storey to 52 storey building. Price starts from RM450,000 onward.
Arte Mont Kiara Details
Development Name : Arte Mont Kiara
Developer : Nusmetro Property Sdn Bhd
Land Size : Approximately 3.288 acres
Expected Completion : 3rd Quarter 2019
Tenure : Leasehold
Land Use : Commercial
No. of Units : 1600 units
Tower 1:
35 storey
531 units (5 lifts)
10-18 units per floor
Tower 2:
52 storey
618 units (8 lifts)
6-18 units per floor
Tower 3:
36 storey
553 units (5 lifts)
10-18 units per floor
Maintenance: RM0.30/sf
Built Up Area: 442sf to 1142sf
Average Selling Price (Gross) : RM 1,000 psf
Arte Mont Kiara Facilities
- Designer F&B
- Drop Off Lobby
- Organic Shaped Swimming Pool
- Sculpture Pavilion
- Bloom Sculpture
- Chrome Garden
- Lampshade Garden
- Oval Gym
- Energy Track
- BBQ Area
- Sky Garden
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Arte Mont Kiara Layouts
Simplex
-
- 442sf
-
- 494sf
-
- 595sf
Duplex
-
- 782sf
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- 886sf
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- 940sf
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- 1142sf
Arte Mont Kiara Analysis
First of all, being the first phase in a huge development gives a lot of room for appreciation. With the biggest convention center in South East Asia completing soon, it’s definitely going to attract a lot of tenants looking for short stay. Aside from that, the future MRT will definitely increase the property price for those who are looking to hold long term.
Similar properties: Icon Residence, Damas 3, Signature, Verve Suites, Solaris Dutamas
Pros:
There isn’t a lot of developments of small units in Mont Kiara/Dutamas. Hence, there is a lot of demand for these units. Studio units in Solaris Dutamas are able to rent for RM1500 up to RM1800 without car park.
Selling price is comparatively reasonable as similar properties are selling from RM1000psf to RM1300psf at current price.
Cons:
– High Density (1600 units)
– Non HDA
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