news

DONE DEAL: Serviced apartment, KL Traders Square, Setapak, KL

Sold for: RM550,000 (RM519.36 psf)

Concluded by: Justin Lee (REN 32527) (016-618 9568) of Full Homes Realty

When: February 2020

Noteworthy:
Freehold
High-floor unit
Built-up: 1,059 sq ft
Four bedrooms and two bathrooms
Two side-by-side car park bays
Semi-furnished
Facilities: Swimming pools, adventure playground, multipurpose hall, jogging path, cycling path, basketball court, badminton courts, tennis courts and gym
Amenities nearby: less than 5km from Titiwangsa Lake Garden, schools, shopping malls, eateries and convenience stores
Easily accessible via Duta-Ulu Kelang Expressway (DUKE)

Read also
DONE DEAL: Semidee house, Perdana College Heights, Negeri Sembilan
DONE DEAL: Unit at Sunway Velocity Office 2, Taman Maluri, Kuala Lumpur

Developed by SCP Group, KL Traders Square is a 17-acre freehold mixed development located on Jalan Gombak, Setapak, Kuala Lumpur. This high-density project comprises five 38-storey towers housing 2,550 serviced apartments with sizes ranging between 842 sq ft and 1,059 sq ft. All units come with either one or two car park bays.

Residents could access the scenic Titiwangsa Lake Gardens located less than 5km away while malls such as Setapak Central Mall, AEON Wangsa Maju and Wangsa Walk Mall are within 30 minutes’ drive away.

The property was listed for two months before Full Homes Realty negotiator Justin Lee found a buyer for this semi-furnished unit.

Lee said the seller, an investor who owns many properties decided to sell this unit to improve his cash flow.

Meanwhile, the purchasers liked KL Traders Square’s location and the price as it met their budget to buy a home for their family. “They were looking at another unit of the same size in the same development, but ended up choosing this one as the price was lower,” Lee disclosed, adding that the buyer also liked that it is a freehold development.

According to EdgeProp.my’s data, in 2019, KL Traders Square recorded 42 transactions with an average price of RM536,679 or RM576 psf. Whereas in 2018, six units were sold with an average price of RM441.667 or RM485 psf.

As at May 2020, there were 41 sale listings on the property portal asking for an average RM494,512 or RM545 psf. There were also 24 units for rental listed at an average RM1,979 or RM2.16 psf per month.

Stay safe. Keep updated on the latest news at www.EdgeProp.my 

Interested to buy a unit in KL Traders Square? Or click here for more property listings in Setapak. Click here to know more about Justin Lee​​ and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. DONE DEAL: Serviced apartment, The Sentral Residences, KL Sentral, KL
  2. 热盘行情:隆市Taman Maluri Sunway Velocity Office 2 办公室单位
  3. 热盘行情:雪州Kota Kemuning的Long Branch Residences独立式洋房