DONE DEAL: Saville @ The Park, Bangsar South, KL

Sold for: RM1 million

Concluded by: Janet Chong of Hartamas Real Estate (012-318 8099)

When: January 2016

Noteworthy:
* Freehold
* 1,390 sq ft
* 3 bedrooms and 3 bathrooms
* two side-by-side parking bays
* bare unit

Saville @ The Park is one of the newest high-rise homes in Bangsar South, Kuala Lumpur.

The development with 426 units has three-tired 24 hour security, club house, gym, outdoor spa and three swimming pools. It is just a few minutes away from an LRT station, Universiti Malaya, Mid Valley Megamall and downtown Kuala Lumpur. Bangsar South is well connected by several highways such as the New Pantai Expressway and Federal Highway.

The buyer of the unit is a young couple who moved from East Malaysia to Kuala Lumpur.

According to the agent, the average price psf for Saville @ The Park is between RM700 and RM730, compared with RM550 psf when it first launched three years ago.

“The average price psf for similar projects within the vicinity is between RM900 and RM1,000 per sq ft. Thus, the relatively lower price and new Saville is in hot demand now,” she noted.

As it is a newly completed project, there are no transaction records yet. However, there are five listings on TheEdgeProperty.com with asking prices ranging from RM730,000 to RM880,000, or RM635 psf to RM864 psf.

Interested in other properties in Bangsar South? Click here to check them out.

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