Located in the Pantai Hillpark area, Andalucia is a luxury low-rise condominium project completed and handed over to owners by YTL Land in 2010. The project consists of only 227 units with full-fledge facilities.
According to IQI Realty Sdn Bhd real estate agent Swiss Tan, who concluded a unit in Andalucia a few months ago, the unit sold was very well taken care of by the owner.
“In fact, the owner had moved out from this unit after staying for many years. She thought of renting the place out for some recurrent income but was concerned that tenants might not keep the house as well as she had. So she decided to let it go to someone who would appreciate the unit,” Tan told EdgeProp.my.
Meanwhile, the buyer liked how the owner had maintained the unit so well, and the built-in cabinets were all in good condition and reusable, hence they could stretch their dollar further. The buyer made an offer to buy this unit not long after the viewing.
According to EdgeProp Research, there was only one Andalucia transaction recorded in 2020 so far with a transacted price of RM760,000 or RM523 psf. No transaction was recorded in 2019.
As at early January, there were six units of Andalucia listed for sale in EdgeProp.my with an average asking price of RM911,660 or RM587 psf. Meanwhile, three units were looking for tenants with an average asking monthly rental of RM3,100 or RM1.30 psf.
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