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Is MK11 a good investment? What is the current selling price and estimated rental?

Posted by suyat on 06-Jul 2011

Answers (5)

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Posted by Vinson on 22-Aug 2011

Dear Suyat,

MK11 being located in a relatively safe and high value upmarket place has been known to deliver high rental value income as there it is the expatriates 'hotspot'. While your main aim is rental yields, capital appreciation is a bonus. However, you may want to take into consideration the possibility of oversupply versus demand.

Prices for condominiums around Mont Kiara is about RM600 - RM700 psf as of now.

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Posted by PLY on 29-Aug 2011

heard u can get 400-500psf, older units at MK with good rental yield of 7-8%, the condition is: you have to do own study and research and search...

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Posted by K Y Wan on 30-Aug 2011

Mont kiara rental competes interior design (MK 11 easily will cost you additional 200k for ID) if you expect on par to market rate or 15-20% lower than market rate if you cincai do up the unit (mk 11 still cost you 80-100k easily)

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Posted by michael lim 123 on 15-Oct 2012

Don't trust agent "Complete-ltd". Last I used but still not get deposit. They don't refund deposit well.

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Posted by Stefanie Yii on 29-Dec 2012

Whoever told you that MK 11 is good for investment, i think that person is either a novice or a blunt agent/investor. MK 11 looks good on the inside out. However, it's not easy to get tenant due to it's expectancy for rental in order to cover up the loan. And if you're opting to get a return of 6% and above. You should be looking at properties other than Mont Kiara.Unless, you can get a cheap units in the older condos in Mont Kiara.