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Bukit Kiara Residences, Sri Hartamas

Bukit Kiara Residences is a luxurious semi-detached houses development sited in Sri Hartamas. It neighbors Sunway Palazzio and Desa Damansara. Nestled within lush landscaped greenery surrounding, this resort-like home offers peace of mind and tranquility living experience.

The entire development of Bukit Kiara Residences comprises only 31 units of 2.5-storey semi-detached house within a gated and guarded community. Each house at Bukit Kiara Residences has built-up size of 3,800 sf and comes with water feature and private garden. Besides that, it also features security technologies and innovations by Clipsal that include Clipsal MinderPRO Security System, Clipsal Keyless Entry System, ULTI Lighting Control Solution and Clipsal CCTV.

Bukit Kiara Residences is near to a number of amenities. Within the serene neighborhood of Sri Hartamas itself, there are SK Seri Hartamas, Plaza Damas and Hartamas Shopping Centre. Right across the Sprint Highway, one can find loads amenities and rows of shops within Desa Sri Hartamas that include SMK Seri Hartamas, True Fitness, Hartamas Square and aplenty shops, restaurants and banks.

Also, it is mere minutes away from Mont Kiara that houses Mont Kiara International School, Garden International School and Plaza Mont Kiara. Furthermore, for recreational activities, Bukit Kiara Residences is within short proximity to Bukit Kiara Equestrian & Country Resort, Royal Selangor Club Kiara, Civil Service Golf Club (KGPA) and Kuala Lumpur Golf and Country Club (KLGCC).

Property Details

  • Name: Bukit Kiara Residences
  • Address: Jalan Sri Hartamas 1, Kuala Lumpur
  • Completion Date: 2008
  • Type: Semi-Detached
  • Tenure: Freehold
  • Built-up: 3,800 sf
  • Subsale Price: RM3,380,000 - RM6,000,000
  • Rental: RM11,000 - RM16,000

Facilities

  • 24-hour security
  • Covered car park
  • Gymnasium
  • Landscaped garden
  • Club house
  • Squash court
  • Swimming pool

Market Trends

Analysis

Immediate competitors of Bukit Kiara Residences are Sunway Palazzio, Duta Tropika, and Lumina Kiara. Current price tag for Duta Tropika is RM720 psf. Meanwhile, Sunway Palazzio and Lumina Kiara launch prices are RM846 psf and RM634 psf respectively. Both Sunway Palazzio and Lumina Kiara will be completed soon, and most probably will breach RM900 psf.

The price of Bukit Kiara Residences has appreciated tremendously in previous years. It was launched for around RM1.7 million and tagged for RM2.9 million after it was completed in 2008. Nowadays, a unit is being asked for RM4 million despite of current economy slowdown. There is limited potential for new investor to gain as much return as before, because the semi-detached residential market will be dominated by Lumina Kiara and Sunway Palazzio.

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