DONE DEAL: Bungalow, Long Branch Residences, Kota Kemuning, Selangor

Sold for: RM2,450,000 (RM346.97 psf based on land size)

Concluded by: Ong Chee Yong of Polygon Properties Sdn Bhd (REN 22613) (018-366 8687)

When: January 2020

Leasehold (expiring 2112)
Land size: 7,061 sq ft
Built-up: 5,150 sq ft
6 bedrooms; 8 bathrooms
● Amenities: About 6km to Kota Kemuning commercial hub, Gamuda Walk Mall, Columbia Asia Hospital Bukit Rimau, Aeon Bukit Rimau, Kota Permai Golf & Country Club, Kota Kemuning Lakeside Park, SMK Kota Kemuning and SJK(C) Chung Hua
Facilities: clubhouse, playground, linear garden, wellness park and half basketball court

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Long Branch Residences @ Home Tree is a residential project and the first phase of a mixed development in Kota Kemuning, Shah Alam by BCB Bhd. The gated-and-guarded project comprises 101 units of 2 1/2-storey bungalows with built-ups ranging from 4,942 to 7,063 sq ft.

Long Branch Residences is easily accessible via the Shah Alam Expressway (KESAS) and Kemuning-Shah Alam (LKSA) highway about 3km away.

According to Ong Chee Yong of Polygon Properties who concluded the sale, the unit was never occupied since it was first purchased by the seller in 2016.

The buyer was captivated by the community-style living environment and the round-the-clock security.

“The buyer also liked the contemporary design of the bungalow and deemed the purchase a value buy as it was sold below market price,” Ong told adding that the unit also boasts a large garden.

Based on data from as of April 2020, there was only one transaction in Long Branch Residences in 2018 priced at RM2,930,000 or RM458 psf. In 2017, there were three units sold for an average price of RM2,646,667 or RM478 psf. One sale was recorded in 2016 at RM2,500,000 or RM496 psf.

Meanwhile, as of mid-April 2020, there were 27 sale listings asking for an average RM2,778,889 or RM479 psf.

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