PROPERTY REVIEW
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- เผยแพร่เมื่อ 19 ต.ค. 2024
- Shout-out to www.cozyhomes.my for initiating this new format of video, so do check out their website if you're looking for designer furnished units=)
As the requests to review condos in Mont Kiara are just overwhelming, I've decided to try out a new format where we explore the area instead. This will help us determine why this area constantly attract international tenants? How come people want to live in such high density?
Besides, I'm super impressed with the ratio of commercial support against the residential units. Every street will have a small row of shops just for convenience, and then at every main corner of junction will have main commercial areas.
So for those who are about to move into Mont Kiara, hopefully this video will provide you with more local insight=)
Really like this area review format in addition to your traditional videos. A few years from now when I retire, my wife and I will probably buy a house on Kyushu, in southern Japan (where she's from). In retirement, I now have two new goals. In addition to doing volunteer and charity work and learning new languages, I'd like to: 1) rent a place in Malaysia (Los Angeles is too cold for me now ... I love tropical weather) and 2) have dinner and go drinking (at least once) with my favorite celebrity, Sean The Man Tan. Love your videos, my brother. I hope you continue to experiment with formats, and I hope you eventually get your own TV show. You deserve it.
Many people including me tend to thinks / assume that mont kiara is overly packed or over supply.
However when you speak to owners there, they think that mont kiara is still a gem, they have many units in different condos, yet their investment portfolio looking better than ever.
My take: it’s basically totally different game, not an easy place to invest and it’s more suitable for cash rich owner. Do note that the rental there is superrrrr high and some even fetch 8k or higher / month!!
Amazing sharing Ryan! I really appreciate it as this will greatly help the rest of the audience. Thanks for watching too!!
Love this new segment. Especially on how you explained it with a map. Looking forward for more!
Appreciate the kind words Eric. Thanks for watching!!
Sean your channel is a gem =D
Hi Hara, I really appreciate the compliments!! Thanks for watching:)
most of our Japanese, Korean and European clients all are staying in Mont Kiara.
They don’t have to go anywhere, they live, eat and sleep there
Thanks for sharing!! This place is seriously quite amazing right?
Thumbs up for the new segment!👍
Something different this round lah, haha:)
Hey sean. I like this new segment. Mont kiara is a place im very familiar with . Mostly for dinner with friends. I cant imagine working there though. It is looking more packed. It shows how two international schools can make a place very “atas” with the people they attract. There are sooooo many cars though. And with more and more construction company looking to convert their “segambut” name into “mont kiara” for prestige, some people looking to buy into it for namesake .. but its just not as posh as before. Simply because of the super crazy traffic increasing the stress levels lehhh
Should title it as AREA REVIEW 001. Love it bro! New episode every week pls hehe
I wanted to do that initially but I did Elmina and Bandar Bukit raja as well.. where I was already reviewing areas indirectly back then hahaha. But I do appreciate the suggestion
Bumped into your channel yesterday evening and I've watched at least 7 videos since.
Love the insights on KL properties I can get from you.
Keep up the good work.
Best wishes from a fellow Malaysian abroad.
Wow. Thanks for watching. Come back soon? hahaha!!
I really enjoy this area review, hope to see more of these video
I don't live in KL, so there will be a lot of interesting stuff here that are new to me
Thanks Garry for watching. Hope these are useful for you:)
Hi Sean, thanks for doing this area review. Helps me a lot as I am looking to explore properties around MK for own stay. That said, I notice your channel doesn't cover old Condos in MK. Which is a big thing for most of us who are looking to buy properties in MK. Like Pines, Pelangi, Vista Kiara etc. Is it possible to show us around for those Condos? I believe many would love to see too! :) thank you again!
I will try yea Wen Han:)
Please do old Klang road next! With so many developments popping up there, I'm curious about what's gonna happen and whether it's smart to get something therr
I see property review I click!
I see comment, I appreciate them. Thanks for watching Bobby:)
Love your reviews bro, from a fellow Malaysian abroad!
I appreciate it bro. Hopefully it's helpful or entertaining hahaha=)
super super good review , cant wait for next episode
do consider do a review for bukit jalil please
Thanks alot Sean for the great review review as always - I find this really useful!
Thank you for watching!! And I'm glad that it's useful. Do share around with your friends yea=)
Very good new segment. Looks like plenty people agree already. Keep it up.
Awesome video. I really like this new area review - cant wait for you to do other parts of KL
Love the video, gives a very good basic information on what to expect when buying/renting in the mont kiara area
I'm glad that you liked it. Thanks for watching!!
Hi Sean! Thanks for posting very informative videos. I am currently looking at Residensi Harmoni near Mont Kiara. However, i am a bit worried about the area as its built on an elevated land and very hilly. Plus, there are more developments to come just next to the condo. The price is also considerably low compared to units in downtown KL with the maint fees also really low. Can you please advise? Thank you Sean!!
Nice video! Looking forward to see Subang Jaya review!
Found your channel in my research of MK - Kiara 3 to be specific. Thanks for such a fair, non-judgemental overview of the area. One challenge I am facing is determining the planned area usage, it will be devastating to buy a "greenery facing unit" and suddenly see hoarding up for new development the next week!!! I have tried looking into DBKL master plan, but many many, too much land is simply marked "vacant".... really pengsan. Any tips please?
Heh Sean. Thanks for the sharing.... it provides me with a quick glimpse of Mont Kiara surroundings within just a short 10 minutes time. Great!
That is awesome ss69!! Thanks for sharing=)
I really appreciate the kind words.
I love this kind of area review video. Keep it up and let us see more :D
Very interesting review and valuable comment. Hope you can do Bukit Jalil.
I’ve stayed there before.
1) Every morning I hear sirens. Stupid mahkamah or immigration people always use police outriders to open road for the judge or something. Maybe I stayed too low? 9th floor. But my sister is landed there. Urgh sien
2) I always want to vomit on the roads there. I counted about 13 bumps in a single car ride. When My car bring for service, the mechanic said it takes a lot of time to do my car alignment.
3) congestion! And remember, arte and agile NOT YET finish. That’s about 2k units and each unit with 2 cars flooding the road there? No thank you. I already experienced 45mins jam to 163 on a rainy Friday night for dinner.
4) The key to a good condo is the management. Check with the management BEFORE buying. Ask how many people PAY the management fees and how much is owing. If 10 years already, should have a lot of money in sinking fund.
Desa Sri hartamas is NOT same as mont kiara. I like desa Sri hartamas better :)
Tq for your review, Sean. Always on point.
Awesome. Nice video to help understand the market. Are you also doing a review of the condos in this area? Or if you have done, can you please share the link.
Hi Sean, just went and had a look at Aston Kiara 3, right next to the upcoming Inspirasi at jalan kiara 3. For a mere 600-650k we're looking at a 1518 sqft apartment @ Aston Kiara with an average rental price of RM2500. What're your thoughts on this property given that there's a construction going on right beside and the reserved land right in front?
Hi Jack. Yea, that's the price to pay for uncertainties such as the construction and reserve land in comparison those in Kiara 3. But based on our data, the rental is still healthy for Sefina which means people are aware of the surrounding and they're okay with it=)
For the buses at Mont Kiara, are the schedule frequent? Is there a bus going t Damasara MRT?
Thumbs up for this new segment!!
Thanks for watching Nicholas!!
Love this new segment!
Thanks Chris!!
Thanks for the video. Really helpful.
Do make more of this
Thanks for watching man. I will do my best in producing more of such segments:)
Hope you could you do Ara Damansara. Most of the commercial units are vacant. Even the Evolve mall is suffering
I will try to squeeze that into my schedule Nizan. However mall performance sometimes don't reflect the entire property situation of an area as it may be the tenant mix of the mall itself.
Anyway, thanks for suggesting:)
I worked in KL till 2016 and recently visited my ex neighbor, elderly Malaysian couple who live in MK11, one of the newest and most expensive condo. I used to live there paid by the company and the condo size was 4400 square ft. The ex neighbor had been trying to sell his property under market value for +/- 5 months and he told me there was NOT even one phone call / inquiry. He mentioned the price and square footage and the price worked out to be +/- 7% below the advertised market value. So what is the message here: FORGET what property agents tell you. Do your own research , talk to as many owners before buying. Agents just want their commission. My ex tennis partner used to live in Damai Resort Condo on Jln Kiara 2. The coupe left Malaysia in May 2019 and up until the end of January the unit was still empty and no one was keen to rent it. All in all, most properties here either for rent or for sale are overprice. Plenty of supply and that is why the Finance Minister allows foreigners to purchase property as low as RM 600K. In the past the limit was RM 1 million. so that ought to paint a TRUE picture.
1) Market sentiment is weak, the average Malaysian cannot afford to buy a 4400 square ft condo. Makes sense.
2) Rents have been on decline is various parts of KL, roughly 15% off the peak due to the supply. Perhaps the owner could do more to differentiate the unit (by furnishing, touching up, or improving the unit). Lower the rent would also help. No sense keeping it vacant for an extended period.
3) 600k only applies to certain overhang projects, not from the secondary market.
Less than 2% of Malaysians can afford 4400 square feet in mont kiara.
@@HardeepSingh-re1ub That is NOT my point. The point is: 99% of real estate agents don't tell the truth and over state the square footage price. Example: one of the you tube video features Mont Kiara 10 stating the price of about R< 925 per square foot. My ex neighbor has been trying to sell his condo at the same tower for RM 670 per square foot and after 5 months he told me NOT EVEN one inquiry. In short all agents are liars, no different than second hand car salesmen.
@@vincentchen2677 That is NOT my point. The point is: 99% of real estate agents don't tell the truth and over state the square footage price. Example: one of the you tube video features Mont Kiara 10 stating the price of about R< 925 per square foot. My ex neighbor has been trying to sell his condo at the same tower for RM 670 per square foot and after 5 months he told me NOT EVEN one inquiry. In short all agents are liars, no different than second hand car salesmen.
Valentino Rossi hi , good point , if I want to buy how do I knew where to contact the private seller ? I'm thinking of buying a place in kl
Please do a review for Ara Damansara as well :)
Have you been to i-Zen Mont Kiara? Looks like 1400 sq ft unit selling for ~855,000 and rent going for ~2.85psf. Seems like rent can cover monthly installment based on that math, but there does seem to be many available units for rent on iproperty.
Really good break down, excellent presentation.
Glad you liked it Gemmel=)
Thanks for watching!!
Sean ,Mt kiara seem to have a lot of available lands around its surrounding, over time will developers just flood the area with new launches or it's already happening ? what's you take on this ? for current and future investment or rentals potential of mont kiara ,Thanks for your comments .
I'm from Singapore. I really like your videos. Indeed I bought a jb condo . I really like your enthusiasm about your job. Keep up. What's your view of freehold resident condo but on commercial land?
Very good content of video. Please keep it up 👍👍👍
Your video is very informative.....keep it up
I will definitely do my best. Thanks for watching Sandy:)
Nice demonstration
Thanks for watching!!
Sean, can you do kepong areas. there will be alot of new project nearby.
Is The Henge same as KepongMas? I heard that nowadays under the enforcement by Gov, developer has to build a condo with another affordable type beside it. So wonder The Henge and Kepongmas are actually interrelated. Ps: I heard this from The Minest from Sentul. They build Zen and Zen 1 with such a way.
I'll will try to squeeze into the to-review list yea. Thanks for watching:)
Hey Sean, what is suggestion on buying subsale in mont kiara for rental investment purposes. A lot of older larger units well maintained, are they worth investing in to rent out ?
Hi broo. I tink can leh. I tink.i just drop my plans for new condos. Just get a sub sale in mont kiara
hi sean, how do you find pentamont , do you recommend it ?
Good job! Well done!
Hi thanks for the video, other then Astrea is there any upcoming developments?
Hi Byron, I think there's a lot where you can find them online, just that most of them are marketing themselves as Mont Kiara. That's why this video explains which roads actually makes a lot of difference in terms of property price.
Anyway, thanks for watching yea!!
Nice video man. Thank you.
Thanks for watching Jeremiah:)
Seems looks like a pleasant area to live in
Yes it is provided you're okay with living in apartments=)
Hi Iherng , What's ur thought about Exism new project in Damansara perdana?
D'vervain , D'Cosmo , D'quince
Best! 💯
Thanks for watching bro!!
Nice review!
Hey could you do a review on Taman Tun too? :)
Yeah ttdi a great place too more calm and chill
I will try to arrange. Area reviews like this requires way more work actually but I will try:)
Nice video 👌
I hope you can do a segment for Damansara Heights! ^_^
good job i heng !! mercure The Luxe condo is a great location like Mont Kiara ?
Good review....can you review LBS Alam Perdana :)
👍👍👍👍👍
Appreciate your time for watching Raffles:)
Bro ples review 288 Residency setapak 1400sqf, I want to buy 1.
I'll try to squeeze into my schedule yea. Thanks for watching!!
Learning english by watching your videos XD
👍🏻
Thanks for watching man!!
Whoops who's that MCN 5411
Can you please do Dutamas area pls!!
Let me arrange yea=) Thanks for watching!!
Could you review Windmill Upon Hills?
Subbed!
Appreciate it Thilak!!
👍
Hahaha yes the police station there is just for show, a sense of security, but thats about it xD
Hahahaha=) Thanks for sharing!
Can you do an episode about Ara Damansara
Will you do a PJ one 👀
Too many actually
Yea. Thanks for letting me know. I'm trying my best to fix that=)
Overrated location with over saturated market and overflow of empty condos. Good luck buying a unit there.
heres why you got a thumbs down. this is your first video i see. BUT PLEASE put up its at where. at first i thought its penang. just dont put “Mont Kiara”.
Owh.. I didn't know that Penang has a Mont Kiara too. I appreciate the suggestion:)
Anyway, thanks for watching!!
Wow! How superficial! Thumbs down because you think he didnt label it KL?
I don't appreciate you filming in an area with children