DONE DEAL: Twin Arkz Condominium, Bukit Jalil, KL

Sold for: RM950,000 (RM811 psf)

Concluded by: Carmen Lee (REN 17144, +6019-374 1557) and Jess Kan (REN 23339, +6016 520 7738) from PropNex Realty Sdn Bhd

When: March 2018

Noteworthy:
● 1,170 sq ft
● 3 bedrooms and 2 bathrooms
● high floor
● comes with built-in wardrobe and kitchen cabinet

Twin Arkz Condominium (pictured) is one of the latest luxury low-density, high-rise homes in Bukit Jalil, Kuala Lumpur. According to one of the negotiators who closed the deal — PropNex Realty’s Carmen Lee, the low density of the development was the main attraction for the buyer.

“The buyer was looking for somewhere not so crowded, in Bukit Jalil. Prior to that, he rented a condo in Subang with his girlfriend,” said Lee.

Meanwhile, the seller decided to let go of the unit and he wanted to move to Singapore with his family. The buyer bought the condo for his own occupation, as well as investment purposes.

“The unit was very well taken care of by the previous owner,” Lee noted.

She said RM950,000 is a fair price for both the buyer and seller. However, she believes the value of the property will continue to appreciate.

“Twin Arkz is a popular project to many upgraders because the asking price for a 1,100 sq ft-unit is still below RM1 million. If I remember correctly, the launch price for such a unit was close to RM800,000,” said Lee.

According to EdgeProp.my, as at July 25, the average transacted price for Twin Arkz is RM785 psf or RM952,500, while the asking price ranges from RM795.76 psf to RM926.83 psf. 

Interested to buy properties in Bukit Jalil? Click here.

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