DONE DEAL: Single-storey terraced house, Taman Pulai Indah, Johor Bahru

Sold for: RM325,000

Concluded by: Usha A/P R Lachumanan (REN 17124, 016-720 0135) of Gather Properties Sdn Bhd

When: January 2019

Noteworthy:
● Freehold intermediate unit
● Land area: 1,400 sq ft, 
● Built-up area: 1,250 sq ft
● Four bedrooms and three bathrooms
● Partially furnished unit with kitchen cabinets
● Facilities within the township: Children’s playground, recreational lake and jogging track
● Nearby amenities: Around 5km away from Universiti Teknologi Malaysia, 15km away from Sulatan Ismail International Airport in Senai, primary and secondary schools within 2km radius

Developed by Hua Yang Bhd, Taman Pulai Indah is an integrated township located in Kangkar Pulai, one of the townships within Iskandar Puteri in Johor Bahru.

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The 477-acre freehold development comprises residential and commercial properties. It has easy accessibility to various highways, such as the Second-Link Expressway, the JB-Parkway Highway, North/South Highway and the Skudai Highway.

Usha from Gather Properties, who concluded the deal, said the buyer likes the environment in Taman Pulai Indah especially with its beautiful park, as well as its proximity to various amenities.

“The buyer was looking for a home close to relatives as well as schools. Its easy accessibility was also the reason they decided to purchase this unit,” she added.

The single-storey terraced house is transacted for RM325,000 in January this year and according to Usha, this unit was sold at below the market value of RM420,000, making it a good deal for the buyer.

EdgeProp.my’s transaction data showed that 100 units of terraced houses in this township were sold in 2018 at an average price of RM395,660 or RM256 psf based on land area size.

In 2017, there were 119 transactions with an average selling price of RM341,739 or RM228 psf.

Based on 21 property sales listings in EdgeProp.my (as at May 2019), the asking price for a similar unit in Taman Pulai Indah is around RM436,286 or RM264 psf.

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