Property Insights & Reviews : Gateway Kiaramas
Gateway Kiaramas
1 for Sale
1 for Rent
Freehold
F/H
Property Details
Facilities
Market Trends
Latest transaction in Gateway Kiaramas, Mont Kiara
| SPA Date | Address | Size | Price |
|---|---|---|---|
| 09/11/2017 | A-X-X, JALAN DESA KIARA | 743 ft2 | 640000 |
| 07/10/2017 | A-X-X, JALAN KIARA X | 1582 ft2 | 840000 |
| 23/09/2017 | A-X-X, JALAN DESA KIARA | 1539 ft2 | 900000 |
| 15/08/2017 | B-X-X, JALAN DESA KIARA | 1873 ft2 | 1096000 |
| 10/07/2017 | A-X-X, JALAN DESA KIARA | 743 ft2 | 660000 |
Analysis
Gateway Kiaramas was developed by Asia Quest Holdings, which is one of the well-known property developers within the Mont Kiara area. The developer of Gateway Kiaramas has had many proven track record of successful projects. Having successfully completed other developments such as Kiaramas Cendana, Kiaramas Sutera, Lanai Kiara and Vista Kiara, the developer's good reputation in the local property market has truly demonstrated its credibility. While traveling along the Sprint Highway (Penchala Link), it is totally impossible to miss out on Gateway Kiaramas, as it is located just right beside the highway. It definitely has an advantage, as it is easily accessible via the highway. However, as one looks at the privacy and exclusivity factors, the close proximity to the highway may be a drawback. Even though the units at Gateway Kiaramas do not directly face the highway and in fact face the opposite direction, the building is still considered to be too close to the highway.Furthermore, property owners of Gateway Kiaramas are also expected to endure unpleasant noise pollution and dust. Apart from that, construction progresses from nearby new developments would further worsen the condition. Traffic congestion is also another daily issue as the expressway is well known for heavy traffic flow. The traffic issue is further aggravated by the area's density as there would be more vehicles on the road within the area.When one talks about Mont Kiara and Sri Hartamas areas, they are thought to be similar to "pots of gold", as places like these are often highly sought-after due to its high capital appreciation, as well as promising rental returns. However, as more and more new developments mushroomed at Mont Kiara, one should take note that this area has become very crowded with many high rise condominiums. Each of these condos is well planned and may not be densely populated but on the whole, it is the number of condominiums in the area that has contributed to the overall population.Apart from that, potential property buyers are also reminded about the close proximity between Gateway Kiaramas and high tension power lines. When one drives around the area, one would notice the presence of the power lines running near to Gateway Kiaramas. However, the site has been declared safe by the relevant Malaysian governing body in regards to the radiation with a safety report issued.Pricing wise, being located at an affluent area does indeed affect the market price of Gateway Kiaramas. Similar to its nearby developments, this condo falls in the range of medium to luxury residential development. As the Mont Kiara vicinity fetches a high value, property owners are expected to enjoy approximately 20% of capital appreciation upon completion.Location
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1205 sq ft
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Remaining 0 Properties