It is a popular low-density landed residential development for its lush greenery and beautiful landscape within a 24-hour security community. Real estate negotiator Joanne Soh of CBD Properties Sdn Bhd has sold a semidee unit in Taman Equinefor RM1.13 million.
She shared that although it was a basic and bare unit, the condition of the house was good as the seller was a property investor who bought the unit for capital appreciation.
Meanwhile, the buyer was buying the unit as a gift to his family member.
"The buyer and seller soon came to a mutual agreed price of RM1.13 million and signed the sale and purchase agreement,” Soh noted.
She also commented that it was a good deal for the buyer because the transaction price was below bank value as the seller decided to give the serious buyer some discount.
According to EdgeProp Research, Taman Equine recorded an average transaction price of RM1.76 million or RM357 psf from a total of seven transactions in 2019. There was one transaction recorded so far in 2020 with an average transaction price of RM1.06 million or RM332 psf.
As at November, some 20 units in Taman Equine were listed for sale in EdgeProp.my with an average asking price of RM1.58 million or RM392 psf. However, no unit was up for rent at the same period.
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