CompletedFreehold

Icon Residence @ Mont Kiara

by Mah Sing GroupMont Kiara, Kuala Lumpur

From

RM350k

Price From

RM350k

Subsale Transaction Data

Verified

Official govt records for ICON RESIDENCE

Transactions

10

Median PSF

RM460

Latest

Jun 2024

View full transaction history
ReviewWorth ConsideringBased on verified transaction data

Icon Residence @ Mont Kiara Review — Worth Buying?

NP Score

9.5/10

Strong Buy Signal

Mont Kiara Median

RM460

verified PSF

The case for buying

  • Established Mont Kiara location with strong capital appreciation history
  • Reputable Mah Sing Group developer ensures quality construction standards
  • Freehold tenure provides long-term ownership security and value
  • Affordable entry price for premium Kuala Lumpur residential market
  • Strategic location near amenities, shopping, and business districts

The honest verdict

Pricing & Value

Entry price of RM350,000 offers moderate affordability for the Mont Kiara segment, though per-unit cost competitiveness depends on unit size and finishes; represents mid-to-premium positioning for Kuala Lumpur's established residential market.

Location & Connectivity

Mont Kiara's established neighborhood provides stable amenities and commercial proximity, but the absence of direct MRT access limits public transportation convenience compared to newer developments along transit corridors, requiring car dependency.

Risk & Timing

Completion timeline is unspecified, creating uncertainty for investors regarding cash flow projections and market conditions at handover; freehold tenure mitigates long-term holding risk, though project delivery delays remain a consideration given market volatility.

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  • Market price analysis — is it fairly priced?
  • Investment analysis — rental yield & capital growth
  • Loan eligibility — salary needed to buy
  • Area income profile (DOSM)
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Project Details

Property Type

Condominium/Apartment

Land Tenure

Freehold

Construction Status

Completed

Bumi Discount

Not Available

About Icon Residence @ Mont Kiara

## A Mediterranean-inspired Architectural Masterpiece. An all-white residential landmark juxtaposed with greenery, standing majestically in the affluent neighbourhood of Mont Kiara. An address already popular with expats, Icon Residence is strategically located with easy access to virtually everywhere and is within short walking distance of Publika shopping centre and the upcoming KL Metropolis me

Icon Residence @ Mont Kiara Video Tour

Watch a video tour of Icon Residence @ Mont Kiara in Mont Kiara, Kuala Lumpur. Condominium/Apartment by Mah Sing Group.

Video sourced from YouTube. Not affiliated with the developer.

More videos →

Facilities & Amenities

Swimming Pool
Gym
24h Security
Playground
Clubhouse

Why Consider Icon Residence @ Mont Kiara?

Based on location data and market analysis

  • Established Mont Kiara location with strong capital appreciation history
  • Reputable Mah Sing Group developer ensures quality construction standards
  • Freehold tenure provides long-term ownership security and value
  • Affordable entry price for premium Kuala Lumpur residential market
  • Strategic location near amenities, shopping, and business districts

Investment Snapshot

Based on verified transaction data for Kuala Lumpur

Est. Monthly Rental

RM1,2001,600

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Airbnb Estimate

RM4,800/mo

RM220/night × 72% occupancy · 16.5% gross yield

See Airbnb guide →

Area Price Trend

+9%

Verified sold prices 2021–2025

Price-to-Income

2.7x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Kuala Lumpur (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Mont Kiara

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 1,433/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 315,00048% Interest — RM 286,767

Minimum gross monthly income typically needed

RM 2,388/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

Check with your real income →

Estimated cash needed upfront

Down payment (10%)RM 35,000
Stamp duty (MOT + loan)RM 7,575
Legal fees (SPA + loan)RM 8,313
Total upfrontRM 50,888

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 350,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Icon Residence @ Mont Kiara?

Icon Residence @ Mont Kiara starts from RM350k. Contact the developer directly on NewProjek for the latest pricing.

Where is Icon Residence @ Mont Kiara located?

Icon Residence @ Mont Kiara is located in Mont Kiara, Kuala Lumpur, Malaysia.

Who is the developer of Icon Residence @ Mont Kiara?

Icon Residence @ Mont Kiara is developed by Mah Sing Group. They are a verified developer on NewProjek.

What type of property is Icon Residence @ Mont Kiara?

Icon Residence @ Mont Kiara is a Condominium/Apartment development with Freehold tenure.

What is the construction status of Icon Residence @ Mont Kiara?

Icon Residence @ Mont Kiara is currently Completed.

Berapa harga Icon Residence @ Mont Kiara?

Icon Residence @ Mont Kiara dijual bermula dari RM350k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Completed Project

Looking to buy or rent Icon Residence @ Mont Kiara?

This project is already completed. Browse subsale transactions, current listings, and market data below.

View Transaction History (10 txns)Find Subsale ListingsOr search rentals →

Still want to contact the developer? (e.g., for clubhouse access, complaints, second-phase info)

Contact developer →
Mah Sing Group

Mah Sing Group

Kuala Lumpur
Verified Developer

Malaysia's leading property developer with award-winning residential and commercial projects.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

View 10 Transactions →

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