Sold for: RM3.2 million

Concluded by: Lai Yan Yin (REN17086) of MIP Properties (012-881 8886) and Doris Tung (REN 00786) of Full Homes Realty (012-314 7998)

When: May 2018

Noteworthy:
● Leasehold
● 5 + 1 bedrooms and 7 bathrooms
● Built-up: 4,650 sq ft
● Land area: 45ft by 95ft
● Fully renovated and partially furnished with built-in wardrobe, kitchen cabinet and air-conditioning units
● Facilities include a 6.5-acre private forest, jogging track, infinity pool, gymnasium and barbecue area.

Sitting on 19.72 acres of leasehold land in Sunway Damansara, Sunway Rymba Hills is a low-density enclave comprising only 80 bungalow units.

Jointly developed by Sunway Damansara Sdn Bhd and Selangor State Development Corp (PKNS), the gated-and-guarded development was completed in 2013 and features a 6.5-acre private forest park and a private clubhouse which offer facilities such as infinity pool, wading pool and gymnasium.

According to Lai Yan Yin of MIP Properties who co-brokered the deal, the bungalow is an intermediate unit which has been tastefully renovated and decorated by its sellers.

On top of that, the unit is very well-maintained and thus managed to sell for RM3.2 million, higher than the current market price of RM2.8 million to RM3 million, he told EdgeProp.my.

“Initially, the vendors bought this bungalow as a unit for their own family use, but there was a change of plans and they decided to stay at their previous home as they were more comfortable with that area. So the house was renovated and was only used sparingly for when relatives and friends visited,” he said.

Meanwhile, the purchasers bought this place as their own residence. “They are very attracted to the privacy and the quaint environment that Sunway Rymba Hills provides and its vicinity to the forests and greens,” he remarked.

“The purchasers were previously staying at a rental unit in the same neighbourhood to see if they like the environment and they decided to purchase a unit there after staying for more than a year,” he added.

Based on data collated by EdgeProp.my, there were 20 transactions of bungalows in Sunway Damansara between 2Q13 and 4Q16 with transacted prices ranging from RM1.92 million to RM4.19 million.

The highest transacted price of RM4.19 million was recorded in 1Q2014. There were no transactions in 2017.

As at Aug 14, there are 60 sales listings of Sunway Rymba Hills on EdgeProp.my with average asking prices of RM3.65 million while there are nine rental listings with asking monthly rent of RM10,444 or RM2.26 psf.

However, indicative rental yield is not available at the moment due to low transaction volume.

Interested to buy properties in Sunway Damansara, KL​? Click here.

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