Sold for: RM800,000 (about RM444 psf based on land size)
Concluded by: John Oh Ewe Hock (REN 07002) (012-2986266) of Oriental Real Estate Sdn Bhd
When: July 2020
●Land size: 1,800 sq ft; Built up: 1,600 sq ft
●Within 1km radius to a wide range of amenities at neighbouring Taipan Business Centre (USJ 10) and Subang Business Centre (USJ 9)
DONE DEAL: Corner lot terraced house, Taman Suria Jaya, Cheras, Selangor
DONE DEAL: Condominium unit, Pavilion Hilltop Mont'Kiara, Kuala Lumpur
Located in Subang Jaya, Selangor, USJ 5 is a freehold mixed housing development. It is a matured development with a variety of amenities surrounding it and easy access to them, such as schools, clinics, banks, supermarkets, commercial areas, restaurants and public parks.
The built-up size for the housing units in USJ 5 ranges between 1,800 sq ft to 7,860 sq ft, while property type range from linked house, semi-dee to bungalow. Besides landed residential, there are also low-cost apartments, serviced apartments and condominiums available in USJ 5.
The buyer of this double-storey house at USJ 5 (deal concluded by John Oh of Oriental Real Estate) decided to utilise the current favourable bank lending rates to purchase this property.
“The buyer liked the house as it is strategically located near the commercial and education hub in USJ,” said Oh, adding that the buyer also benefited from the lower price of the property due to the overall market slowdown.
Meanwhile, the seller decided to cash out and move to another property.
Based on data from EdgeProp Research as of mid-August 2020, there are 12 double-storey terraced houses in USJ 5 up for sale with an average asking price of RM2,424,907 or RM471 psf.
Year-to-date, there was one transaction valued at RM2,160,000 or RM565 psf. In 2019, there were 10 transactions with an average selling price of RM1,318,300 or RM538 psf.
Meanwhile, from 2016 to 2018, there were 69 transactions with an average selling price of about RM1,399,427 or an average of RM455 psf.
Interested to buy a unit in USJ 5? Or click here for more property listings in Subang Jaya. Click here to know more about John Oh Ewe Hock 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.
EdgeProp Malaysia Virtual Property Expo 2020 (VPEX 2020) is happening now! Find out more exclusive projects and exciting deals here
Stay safe. Keep updated on the latest news at www.EdgeProp.my