According to Oriental Real Estate Subang Jaya real estate negotiator Syed Azzman Sheik Ali, Alam Sanctuary is well located and has been a popular residential area in Seri Kembangan, given its good security and serene environment.
In fact, the buyer of this 5-bedroom semidee house had lived in a terraced house nearby and had been looking for a bigger unit in Alam Sanctuary for quite some time.
“The buyer was very focused on looking for a bigger house in Alam Sanctuary. She needed a bigger living space for her growing family.
“She also liked this unit for the extended kitchen and it came with some good condition built-in furniture, hence she could save on the move-in cost,” Syed Azzman told EdgeProp.my.
Meanwhile, the seller was selling to move into another property.
According to EdgeProp Research, seven transactions of Alam Sanctuary were recorded in 2019 with an average transaction price of RM1.15 million or RM503 psf. No transaction was recorded in 2020 as of late November.
Meanwhile, as of November, there were 17 sale listings with an average asking price of RM1.22 million or RM390 psf. There was also one unit listed for rent. The average asking monthly rental was RM1,500 or RM0.97 psf.
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