DONE DEAL: Bungalow, Lorong Damansara Endah, Damansara Heights, Kuala Lumpur

Rented for: RM24,000 per month (RM1.41 psf based on land size)

Concluded by: Shawn Fernandez (E 2445) (012-288 1251) of Fernstate Sdn Bhd

When: October 2019

Noteworthy:
● Freehold
● 6 bedrooms, 8 bathrooms
● Built up: 6,000 sq ft; land size: 17,000 sq ft
● Semi furnished
● Comes with private pool, gardens and surrounded by trees
● Only 5km to KL city centre with amenities such as Bangsar Shopping Centre, Royal Selangor Club Kiara Sports Annexe, banks, eateries, hospitals and schools mearby

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Accessible via Jalan Semantan, Jalan Damansara, Jalan Tuanku Abdul Halim and major highways, Damansara Heights or Bukit Damansara is one of the most affluent and exclusive neighbourhoods in Kuala Lumpur.

Tucked away in a quiet corner at Lorong Damansara Endah, the rented bungalow offers a private and secure lifestyle within a modern and tropical environment, said Fernstate Sdn Bhd’s Shawn Fernandez, who concluded the deal.

The new tenant is a Malaysian who will stay there with his family. He inked a one-year tenancy with an option to renew for another year, he added. 

“This home offers significant privacy, large garden and views of mature trees while the interior of the house is modern. There is a huge lounge that is separated from the rest of the internal areas of the house where guests can be ushered to, thus allowing greater privacy when they visit,” he told EdgeProp.my.

The property was offered in pristine condition. It comes with a high-end fully fitted kitchen, outdoor terrace and balcony areas, excellent security features and lots of modern touches, he added.

The average asking price for a bungalow home in Damansara Heights was about RM7.31 million or RM971 psf (based on land area) based on 29 sale listings as at end-October 2019 on EdgeProp.my. 

There were 53 transactions in 2018 at an average of RM5.74 million or RM708 psf (based on land area) in the first half of 2019.

Meanwhile, 110 rental listings on the property portal showed that the average asking monthly rent was RM12,031 or RM1.82 psf (based on land area) which translates into an indicative rental yield of 3.13%.

Interested to buy a unit in Lorong Damansara Endah​?  Or click here for more property listings in Damansara Heights. Click here to know more about Shawn Fernandez and potential good deals.

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