DONE DEAL: Double-storey terraced house, Ara Damansara, PJ, Selangor

Sold for: RM1.25 million (RM694 psf)

Concluded by: Zack Ng Kah Chuan (PEA 2049) (016-222 9045) of Peptite Real Estate

When: June 2020

Noteworthy:
● Built-up: 1,800 sq ft
● Freehold
● Semi-furnished
● 5 bedrooms; 3 bathrooms
● Accessible via highways including the New Klang Valley Expressway, Damansara-Puchong Expressway and Sprint Highway. A short distance to LRT Lembah Subang station

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Ara Damansara is a township comprising low- and high-rise residential homes and commercial properties in Petaling Jaya predominantly developed by Sime Darby Property. It is located only 7.3km from the Sky Park Subang Airport and is also served by shopping malls and supermarkets such as the Tesco Extra Ara Damansara, Citta Mall and Evolve Concept Mall.

According to Zack Ng from Peptite Real Estate, who concluded the deal, the seller was looking for a new place to stay hence the decision to let go of the unit. 

“The house is well-renovated with an extended kitchen, the cul de sac layout also offers more privacy to the resident,” said Ng, adding that this transaction was an arm's length transaction where both parties are ready for different chapters of their lives. 

As at September 2020, there are two rental listings of double-storey terraced homes at Ara Damansara on EdgeProp.my, with average asking prices of RM2,050 or RM1.20 psf.

Meanwhile, there were 38 sale listings with an average asking price of RM647 psf or RM1.3 million.

Year to date, there were seven units which exchanged hands at an average price of RM652 psf translating to RM1.59 million.

Interested to buy a unit in Ara Damansara? Or click here for more property listings in Damansara. Click here to know more about Zack Ng and potential good deals.

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