DONE DEAL: 2.5-storey terraced house, Jalan Telawi 6, Bangsar Baru, Kuala Lumpur

Sold for: RM2.3 million

Concluded by: Terence Yap (REN 03227) of One Sunterra Properties (012-210 3557)

When: December 2016

Noteworthy:
● Freehold
● Land area : 22ft by 75ft
● Four ensuite bedrooms
● Renovated and extended

According to the agent, Terence Yap of One Sunterra Properties Sdn Bhd, both the seller and the buyer are foreigners.

“The seller is an Australian and wanted to sell the property as he was moving back to Australia. Meanwhile, the buyer is a Singaporean investor who at that point of time, was thinking of renting the property out before eventually staying in it,” said Yap.

According to Yap, the property is only a two-minute stroll to amenities such as eateries, grocery stores, pharmacies and banks, making it very convenient for its residents.

“The house has been fully extended and renovated with approval, into a 2.5-storey (originally 2 storeys) unit with four bedrooms. It has a formal lounge for guests and also a family area at the rear overlooking an indoor garden. It comes with a modern built-in kitchenette with appliances as well as air-conditioners in all areas. The spacious layout makes the house very attractive and bright,” said Yap.

He added that non-renovated intermediate terraced houses in the same neighbourhood are asking between RM1.7 million to RM2 million, depending on the street they are on and their location.

Bangsar Baru is a mature neighbourhood and is easily accessible via the Sprint Highway, Penchala Link and the New Pantai Expressway.

Data from TheEdgeProperty.com showed that the average transacted price of terraced houses in Bangsar Baru as at 3Q2016 was about RM2.1 million. The current listing also showed that the latest asking price of terraced houses in Bangsar Baru is RM2.15 million.

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