Sold for: RM1.8 million (RM847 psf against land size)
When: March 2020
● Built-up: 2,300 sq ft; Land size: 2,125 sq ft
● 4 bedrooms; 3 bathrooms
● Accessible via highways including Penchala Link, New Klang Valley Expressway, Damansara Puchong Expressway and Spring Highway
● Walking distance (around 400m) to Bangsar Shopping Centre, about 6km from KL Sentral, around 11km from Kuala Lumpur City Centre, 20km from Subang International Airport
The property was up for sale since February last year. He received an offer of RM1.85 million in July this year, but the owner rejected it as there are similar units in the same area that changed hands at RM2 million.
“However, as more houses came into the market and another house on the same row was sold for RM1.85 million, the owner decided to accept an offer which was close to current market value. The deal was concluded right before the Movement Control Order,” he explained.
He noted that the buyer likes the location of the property with its proximity to various amenities including Bangsar Shopping Centre, which is just located five minutes away.
EdgeProp Research data showed that four terraced houses changed hands at an average price of RM2.05 million or RM1,009 psf in 2019.
Meanwhile, there are five residential properties up for sale in EdgeProp.my, with an average asking price of RM909 psf or RM2.63 million.
As at August 2020, there is one rental listing of a double-storey terraced home at Bukit Bandaraya on EdgeProp.my, with average asking prices of RM3,100 or RM1.61 psf.
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