Are you planning to move to Arte Mont Kiara next year? Click here to find out if you should rent or buy while living in Arte Mont Kiara.
If you’ve been following property prices in Malaysia, you’re probably aware that the housing market has been trending downwards.
While this is bad news for sellers, it’s great news for buyers.
Have you got your eye on a beautiful unit in Arte Mont Kiara? If so, now might be the perfect time to consider buying.
However, there is more to consider than just prices. Keep reading to find out whether it’s a better time for renting vs buying in the incredible Arte Mont Kiara.
Arte Mont Kiara Unit Prices Are Down
As we said above, the Malaysian property market has been in decline. As a result, unit prices in Arte Mont Kiara have also dropped.
Historical price data shows that prices per square foot have fallen dramatically over the last two years. After peaking at over RM 990 per square foot, they bottomed out at around RM 906 per square foot, and have now risen slightly to about RM 928 per square foot.
This price data is for one-bedroom units in Arte Mont Kiara. The exact price you’ll pay per square foot will depend very much on what type of unit you purchase and the finishes it has.
However, this data does show that unit prices are down, which is perfect if you’re thinking of snagging a property in the coveted Arte Mont Kiara and or want to look into buying options.
Arte Mont Kiara Promises a Good ROI
If you’re trying to decide between renting versus buying in Arte Mont Kiara, it’s also important to think of the potential ROI you could experience.
So far Sri Hartamas and Mont Kiara continue to be very popular areas, particularly with expats. The rental market is strong and high-rise properties especially have an attractive growth yield.
Besides this, Arte Mont Kiara is a stone’s throw away from all of the attractions in KL. Such as all of the incredible KL restaurants, fabulous shopping, nightlife, beaches, etc.
Arte Mont Kiara Is a One-Of-A-Kind Investment Property
Another thing to think about if you’re comparing renting vs buying is that Arte Mont Kiara is a one-of-a-kind property.
This has both good and bad sides. On one hand, buying a unit in Arte Mont Kiara will allow you to experience and own a piece of incredibly unique architecture.
The Arte Mont Kiara was designed by an award-winning international architect and is famous for its retro-inspired art deco French interior design style.
The uniqueness of Arte Mont Kiara is one of its biggest selling points.
However, this also means that Arte Mont Kiara has a more niche buying market than a builder-grade, cookie-cutter property.
There Is a Wide Choice of Rentals at Arte Mont Kiara
If you’re stuck on the fence about buying vs renting in Arte Mont Kiara, you’ll be happy to know that there are also lots of rental options.
Renting a unit could give you the chance to experience the lifestyle that Arte Mont Kiara offers without having to commit.
Renting vs Buying in Arte Mont Kiara: Which Will You Choose?
As it happens, it’s both a good time to rent and a good time to buy a property in Arte Mont Kiara. Unit prices are down, making it a buyer’s market right now.
But, if you don’t feel like dedicating capital to buying, there are also many rental options available.
Are you looking for more engaging lifestyle and real estate content? Browse the home and living section for more great reads.
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