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Kiara

Desa Park City – The Next Mont Kiara?

Desa Park City was developed by Perdana ParkCity, a subsidiary of Sarawak-based timber company Samling Group. The land that this township was built on was once a rubber estate. The group bought this 473-acre land at RM200 millions, which translates to merely RM10 per square foot. Todays, a double storey terrace home in this neigboorhood could fetch as high as RM2 million, or RM800 per square feet. This shows an amazing price appreciation of over 80x in just over a decade! When it comes to expatriate choice of homes in Kuala Lumpur, one would think of Mont Kiara. The exclusive neighborhood has been the top choice among expatriates over the years. But all this is about to change, as Desa Park City is gaining popularity among home dwellers lately. This trend is mainly due to its strategic loc...[Read More]

Investing in Mont Kiara Properties – Why and How?

From the humble beginning of a rubber estate, Mont Kiara is now one of the most exclusive neighborhoods in Kuala Lumpur, Malaysia. Much of this transformation success could be attributed to the effort of Sunrise Berhad, one of the country top property developers. The developer has successfully popularized this enclave by pioneering several luxury condominiums and an international school, which ultimately attracted expatriates flocking to live here. Over the years, investors have been flocking to buy properties in this enclave, to take opportunity on the growing expatriate tenants moving here. The prices and rentals have been steadily rising year after year. In addition, the lush tropical forest surrounding the enclave will give residents all year long summer, yet cozy and refreshing occasi...[Read More]