KUALA LUMPUR (June 16): Half of BON Estates Sdn Bhd’s Bon Kiara condominium development has been taken up as of Friday (June 16) during its official launch event at the BON Estate Gallery, Mont Kiara.

Situated on a 4.15-acre freehold residential parcel in Mont Kiara, the RM750-million Bon Kiara offers two 43-storey towers comprising 410 units, with four types of layout. With built-ups ranging from 2,081 to 3,075 sq ft, these units are priced from RM580 psf. The maintenance fee is inclusive of a sinking fund of 31 sen psf. The project will be completed by 1QFY2027.

BON Estates CEO Chan Jin-Wy, in his opening speech, said that a number of factors have contributed to Bon Kiara’s early popularity with buyers, including the fact that it offers large living spaces that are currently in short supply within the area.

“The project addresses existing demand for spacious abodes that can comfortably accommodate a family lifestyle or the prevailing desire for extra space at home for flexible usage,” Chan said.

Bon Kiara units offer layouts featuring a wet and dry kitchen, wet kitchen cabinet fittings, and a lanai area that doubles as an extended living area.

Chan added, “Buyers have also voiced their appreciation for the project’s attention to detail. Provisions like solid timber flooring and our choice of premium sanitary fittings are popular. They especially like the matt black finish on our sanitary fittings, reflecting the understated the elegance of our design language.

“We are also using premium imported shower screens in bathrooms, individual hot water storage units for bathrooms, hot water in wet kitchens, and low-emission glass at East and West facing units to provide a cooler interior environment and save on energy costs. Our investment in creating an ideal habitat also goes beneath the surface, as we apply quality PPR piping behind the walls to ensure durability and long-lasting quality.”

Facilities at Bon Kiara include a two-storey social house, rejuvenating swimming pools, jacuzzi, BBQ pavilion, a resident’s lounge, kid’s and fitness clubs, a multi-purpose hall and an entertainment suite. It is also a pet-friendly development that offers a dedicated pet garden.

Additional facilities located on Level 24 include a family lounge, library, kid’s lounge, wellness deck as well as a co-working space.

The development, which will also be GreenRE Gold certified, features a number of eco-friendly and energy-efficient solutions such as EV charging isolators for every unit.

Meanwhile, Chan said identifying price positioning for Bon Kiara is one of the key positive lessons learnt from earlier experience with its previous development, The Estate.

"Today’s buyers are ever more discerning about home investments and can spot the strong potential for capital appreciation when they see it.

“This was the case with our maiden project The Estate, where buyers could foresee that a premium quality product with strong lifestyle appeal in a vibrant location would give our reasonable starting price of RM650psf plenty of room for growth. Currently, the market transaction price for The Estate is between RM800psf and RM900psf, while rents are attracting about 7% yield.”