Sold for: RM500,000 (RM420 psf)
When: June 2020
● Built-up size: 1,190 sq ft
● Three bedrooms; two bathrooms
● Unfurnished unit
● Low floor unit with a garden view
● Facilities: Two infinity pools, a clubhouse, two lap pools, two children’s pools, sauna, gym, badminton court, steam room, barbecue area and a tennis court
● Amenities: Schools, shopping malls, hypermarket and supermarket, hospital, medical centre, eateries and restaurants, commercial hub and banks
● Easy access via Damansara-Puchong Expressway (LDP), Western KL Traffic Dispersal System (SPRINT) and Kuala Lumpur Middle Ring Road 2 (MRR2)
Metropolitan Square is a mixed development project by MK Land Holdings (now known as EMKAY Group). The property has a total of six condo blocks with unit built-up sizes ranging from 450 sq ft to 1,426 sq ft.
The buyer was attracted by this 1,190 sq ft unit with 3-bedroom and 2-bathroom. The unfurnished unit also comes with a lush garden view as well as two covered carpark lots, he said.
The location and layout of the unit have met the buyer’s preference as he was looking for a property for self occupation in the Damansara Perdana or Petaling Jaya area, for the easy accessibility and proximity to various amenities.
Teok reckoned that it is a good deal for the buyer, as the unit was transacted at RM420 psf only.
“The property price in Damansara Perdana averaged RM500 psf onwards. Moreover, it is a rather big unit at close to 1,200 sq ft. It’s a rare find for a property in such quality, price and location,” Teok noted.
According to EdgeProp Research, there were 21 Metropolitan Square transactions recorded in 2019 with an average transacted price of RM500,190 or RM496 psf.
Meanwhile, as at the end of July, there are 105 Metropolitan Square condos listed for sale with an average asking price of RM510,800 or RM524 psf. There are also 103 units looking for tenants with an average asking monthly rental of RM1,815 or RM1.50 psf.
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