Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Aston Kiara 3 is a freehold condominium that is tucked away at the end of Jalan Kiara 3, Mont Kiara, Kuala Lumpur. This project was developed by the HR Group, and it was completed in 2011.
Currently, the only way from Mont’Kiara to Segambut Dalam is Jalan Kiara 3, where one will pass by a mix of modern towers and old kampung houses. Despite still being within Mont’Kiara, Jalan Kiara 3 has been named Jalan Segambut Dalam as it is closer to Jalan Duta.
As more developments pop up along Jalan Kiara 3, the road is getting crowded. Jalan Kiara 4 will also lead to Segambut Dalam, and some believe this will ease the traffic congestion in the area.
Mont’Kiara remains an established and self-contained area, with a mixture of international and local communities. With new developments coming in, there’s a wide range of homes for buyers and tenants to choose from.
Through the property market’s ups and downs, Mont’Kiara has been resilient. Most of the properties in the area have seen a substantial increase in prices, generating capital appreciation for purchasers.
Address: Jalan Kiara 3, 51200 Mont Kiara, Kuala Lumpur
Developer: Skillcet Capital Sdn Bhd (HR Group aka Yuk Tung Group)
Property Type: Condominium
Land Title: Residential
No. of Blocks: 1
No. of Storeys: 22
Total Units: 160
Tenure: Freehold
Year of Completion: 2011
Built-up Area: 1,518 sq ft – 1,598 sq ft
Facilities:
- Swimming pool
- Gymnasium
- Squash court
- Landscaped garden
- Sauna
- Reading room
- Cafeteria
Launch Price: From RM570,000
Launch Price Per Sq Ft: About RM615 per sq ft
Maintenance Fee: RM0.30 per sq ft
Project Details
Aston Kiara 3 consists of a single 22-storey tower block, with a total of 160 units that occupy Level 5 to Level 22. The built-up areas are from 1,518 sq ft to 1,598 sq ft.
There are 8 units per floor, and 7 units on 16th floor.
Level 3 houses its recreational and facilities, which has a swimming pool, squash court, gymnasium, cafeteria and sauna comprise recreational facilities such as a swimming pool, squash court, gymnasium, cafeteria, reading room, and sauna. The parking bays are located on the lower levels – Level 1A, 1B, 2A, 2B and 2C.
There are 8 unit types at Aston Kiara 3. The typical unit at Aston Kiara 3 is designed with an open plan area for the living, dining, and kitchen area. The master bedroom comes with an ensuite bathroom, and each unit also comes with a yard.
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Unit Types |
Details |
Launch Price |
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Type 1 |
· 1,598 sq ft · 3 bedrooms · 3 bathrooms · Facing the west – overlooking green hills |
From RM570,000
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Type 2 |
· 1,598 sq ft · 3 bedrooms · 3 bathrooms · Overlooking Mont Kiara |
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Type 3 |
· 1,518 sq ft · 3+1 bedrooms · Lanai · Facing north |
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Type 3A |
· 1,518 sq ft · 3+1 bedrooms · Facing south |
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Type 5 |
· 1,518 sq ft · 3+1 bedrooms · Ensuite bathrooms for master bedroom and second bedroom · Facing south |
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Type 7 |
· 1,598 sq ft · 3 bedrooms · 3 bathrooms · Ensuite bathroom for master bedroom · Facing north and east |
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Type 8 |
· 1,598 sq ft · 3 bedrooms · 3 bathrooms · Ensuite bathroom for master bedroom · Facing south and east |
Location
Aston Kiara 3 is sited at the end of Jalan Kiara 3, and it is adjacent Impian Villa, Kiara 1888, Kiara 9, One Kiara, and Ceriaan Kiara. The development is easily accessible via SPRINT Expressway, Federal Highway, New Klang Valley Expressway (NKVE), and Jalan Duta.
Other than its strategic location, the area is surrounded by plenty of amenities. There are several shopping options, countless eateries, petrol stations, places of worship, banks, clinics, gyms, convenience stores, and schools in the area.
Developments with ‘Kiara’ in their names have spilled over into areas like Segambut Dalam. This is the case for Aston Kiara 3. The low-density high-end Aston Kiara 3 is surrounded by Segambut Dalam’s original settlements, and that lends quite a stark contrast.
When one travels from Mont’Kiara into Jalan Kiara 3, one will see a change in scenery. It changes from high-end, non-landed properties and the Garden International School, to some traditional village homes, as one moves past Kiara 1888.
This part of Mont’Kiara is called Kampung Segambut Dalam. The road’s name has been changed to Jalan Segambut Dalam, even though it is still within the Mont’Kiara boundary.
Accessibility
- Jalan Kiara 3
- Penchala Link
- SPRINT Expressway
- Duta-Ulu Klang Expressway (DUKE)
- Jalan Duta
- Kerinchi Link
- Kuala Lumpur-Rawang Highway
- New Klang Valley Expressway (NKVE)
Education
- Garden International School
- Mont’Kiara International School
- French School of Kuala Lumpur
Medical Care
- Global Doctors Hospital
Shopping
- Hartamas Shopping Centre
- Publika Shopping Gallery
- Plaza Mont’ Kiara
- Shoplex Mont Kiara
- 1 Mont’Kiara Shopping Mall
- Verve Mont’ Kiara
- Arcoris Mont Kiara
- 163 Retail Park
Recreation
- TPC Kuala Lumpur (formerly known as Kuala Lumpur Golf & Country Club)
- Royal Selangor Club (RSC)
- Bukit Kiara Equestrian & Country Resort
- Kelab Golf Perkhidmatan Awam Malaysia (KGPA)
- National Science Centre
- Taman Tasik Perdana
- Tun Razak Hockey Stadium
- Malaysian International Trade & Exhibition Centre
Analysis
As highlighted, Aston Kiara 3 is surrounded by villages, and coupled with the access road, these could be a turn-off for some. Plus, it is at the end of Jalan Kiara 3. That said, it is a low density development, so that could be considered a big plus for some others.
With Mont’Kiara becoming popular and hence congested, many developers have moved to its northern side. Some developers have named their projects as being in Mont’Kiara North, to ride on the popularity of that area.
However, properties bordering Segambut Dalam (which is where Aston Kiara 3 is), might not carry the same prestige as those in the heart of Mont Kiara. The other concern for Mont Kiara could be the shrinking expatriate community, which is usually the target market for sales and rental.
The sale price of a 1,518 sq ft unit listed on PropertyGuru in March 2021 is from RM590,000 to RM630,000. Meanwhile, rent is between RM2,400 and RM2,800 per month. Based on these figures, the approximate gross rental yield is as below:
- Purchase price: RM600,000
- Rent out: RM2,600 per month
- Gross rental yield: About 33% per annum
Here’s a look at residential properties in Mont Kiara / Hartamas.
|
Project |
Land Tenure |
Property Type |
Completion |
Built-up |
Approximate Launch Price |
|
Aston Kiara 3 by HR Group |
Freehold |
Condominium |
2011 |
1,518 sq ft – 1,598 sq ft |
From RM570,000
|
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Ceriaan Kiara by YNH Property |
Freehold |
Condominium |
2010 |
1,700 sq ft – 2,200 sq ft |
From RM910,000 |
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Kiara 9 by Kina-Bijak Sdn Bhd |
Freehold |
Condominium |
2011 |
1,661 sq ft – 2,694 sq ft |
From RM1.2 million |
|
One Kiara by Monday-Off Development Sdn Bhd |
Freehold |
Condominium |
2013 |
2,174 sq ft – 21,775 sq ft |
From RM1.45 million |
|
Icon Residence by Mah Sing Group |
Freehold |
Condominium |
2015 |
673 sq ft – 4,719 sq ft |
From RM956,800 |
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Pavilion Hilltop Mont’ Kiara by Pavilion Group & Kuwait Finance House |
Freehold |
Condominium |
2017 |
1,200 sq ft – 3,671 sq ft
|
From RM1,346,400
|
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Anjali by Tago (Malaysia) Sdn Bhd |
Freehold |
Condominium |
2017 |
1,213 sq ft – 5,296 sq ft |
From RM750,000 |
|
Freehold |
Condominium |
2019 |
1,333 sq ft – 1,771 sq ft |
From RM1,057,800 |
|
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Agile Mont Kiara by Agile Real Estate Development (M) Sdn Bhd |
Freehold |
Condominium |
2019 |
1,162 sq ft – 5,037 sq ft |
From RM1 million |
|
Leasehold |
Serviced Residence |
2020 |
422 sq ft – 1,142 sq ft |
From RM430,000 |
|
|
Freehold
|
Condominium
|
2020 |
1,122 sq. ft. – 1,906 sq ft |
From RM880,000
|
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Leasehold
|
Condominium
|
2021
|
940 sq ft – 1,015 sq ft |
From RM623,000 |
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MET 1 Residence @ KL Metropolis by Naza TTDI Sdn Bhd |
Leasehold
|
Serviced Residence
|
2021
|
677 sq ft – 1,613 sq ft
|
From RM740,000
|
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Alix Residences by TA Global Bhd |
Freehold |
Condominium |
2023 |
1,012 sq ft – 2,476 sq ft |
From RM830,000 |
|
Allevia by UEM Sunrise |
Freehold |
Condominium |
2025 |
1,703 sq ft – 2,634 sq ft |
From RM1.54 million |
Summary
Traffic, traffic, traffic. It’s the never-ending grouse of those living in hot and popular areas. Traffic congestion continues to be the main put-off to Mont’Kiara’s appeal due to its narrow roads, limited access points, ongoing construction work, and school peak hours.
Despite its traffic woes, Mont’Kiara is still an attractive upmarket, well-connected and self-sustaining township that grew out of a rubber estate with a single access road.
Mont Kiara is less than a 15-minute drive to Kuala Lumpur city centre and Petaling Jaya. The only drawback seems to be the lack of a train station nearby.
If you’re interested in a 1,518 sq ft unit at Aston Kiara 3 that’s priced at RM600,000, here are its estimated loan figures.
- LTV / margin of finance: 90%
- Down payment (10%): RM60,000
- Loan amount: RM540,000
- Loan term: 30 years
- Interest rate: 3.2%
- Monthly repayment: RM2,291
- Approximate required gross annual income: RM94,000*
You can use these calculators to adjust the figures accordingly.
Pro tip: Know your Debt Service Ratio (DSR)!
DSR is a method used by banks in Malaysia to calculate whether you can afford the loan you’re applying for. To calculate your Debt Service Ratio (DSR), refer to the FREE PropertyGuru Loan Pre-Approval tool. It has a 99.9% accuracy, which greatly helps in avoiding loan rejections.
* Assumptions: No other monthly debt obligations, and 30% of gross income spent on the home loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.
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