FAQ for i-ZEN @ Kiara II

Who is the developer?
Ireka Land Sdn Bhd (Formerly known as Regalmont Sdn Bhd) is a wholly owned subsidiary of Ireka Corporation Bhd, a public listed Class A contractor with over 35 years of track record in the construction industry. Its construction arm, Ireka Engineering & Construction Sdn Bhd, is a MS ISO 9002 certified contractor.

Who will manage the serviced residence?
i-ZEN Hospitality Sdn Bhd, working in conjunction with a professional management company, will be appointed to manage the property upon completion, including the additional lease management and housekeeping services.

What is i-ZEN?
i-ZEN is the lifestyle concept of our development. The 5 essences that i-ZEN embodies: Style, Security, Sophistication, Service & Soul, are the guiding influences in all i-ZEN developments. The 5S's are implemented from the architectural design, right down to the services residents will enjoy in Kiara II. i-ZEN @ Kiara II is more than just a property but a constant thriving personification of all the 5 essences consciously designed to cater to the needs of today's home owner.

What are the facilities provided in this development?
There is a swimming pool, state-of-the-art gym, reading/games room, garden, launderette a purpose-built Kindergarten/nursery and a Business Center on the ground floor offering convenience to all residents. An e-Community portal specially designed for the residents in Kiara II that will assist them in managing and to facilitate booking, and communication with other residents as well as the management. The building has been designed with an advanced security system and fire safety features. It is also equipped with a fiber optic backbone to enable high speed and broadband internet access.

Buyers Update.
The eCommunity portal is a website that provides a communication channel among the residents and also between the residents and the management. The portal also allows for booking facilities online. The residents can also get the latest updates in their community ranging from a get-together party to a complaint. We are also actively looking into the possibility of allowing payment of management fees online and other facilities. This will be a welcome feature for owners who are not residing in the country.

Can foreigners obtain local financing and what are the terms?
Local financing is available on a case by case basis subject to terms and conditions of individual banks. End financing are available to foreign buyers with loan margin up to 60%.

Will there be a strata title for the units?
Each unit will have a strata title

Is there a capital replacement programme for maintenance of the building?
Do I need to contribute to this?
Such contribution is already provided for in the sinking fund.

When is the second phase of the integrated development expected to commence construction?
Would there be disruption to the residents?
Development of the second phase will be in line with the market demand. Due care and consideration would be given to ensure minimal disruption to the residents during construction. The integrated development, once completed, would greatly enhance the value of i-ZEN @ Kiara II.

What is the expected maintenance charge?
The going rate for maintenance charges is currently at RM0.30 to RM0.40 psf. in most condominiums of comparable standard. Our maintenance charges upon vacant possesion should be around RM0.30 psf.

What is in the neighbourhood?
Mont Kiara is currently the home of multi-national communities. It is one of the most sought after address in Kuala Lumpur for executives and professionals. Staying in Mont Kiara is convenient with the presence of an established community with two renowned international schools, a variety of shops and restaurants, premium golf courses and clubs and an equestrian resort in the vicinity. A short drive away, Desa Sri Hartamas offers a wide variety of eateries and entertainment outlets that are fast rivaling Bangsar as the entertainment center of the city.

How is i-ZEN @ Kiara II serviced residence different from a normal condominium?
A serviced residence offers additional services reflecting those provided by a hotel, which are above and beyond the mere maintainance of the building and its facilities. In i-ZEN @ Kiara II, we offer residents a 24-hour concierge to help with any resident's requests plus the option of lease management, housekeeping and laundry services.