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RM1 million (RM568 psf against land area)

DONE DEAL: Terraced house at Bukit Mandarina, Cheras, Kuala Lumpur

Concluded by: Joanne Ong pro agent (REN 26519)
REAPFIELD PROPERTIES (HQ) SDN. BHD.
0102397887
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Developed by Manda’rina Sdn Bhd, a subsidiary of IJM Land in Cheras, Kuala Lumpur, the two-phase Bukit Mandarina was fully completed in 2010. The leasehold project consists mostly of landed properties such as double- storey and 2.5-storey terraced houses and bungalows.

According to Joanne Ong, the real estate agent of Reapfield Properties, the terraced house was a popular unit despite the fact that there is a TNB substation and ongoing construction of SUKE highway behind the house.

Over 20 groups of buyers had viewed the unit and three of them showed interest by giving offers, she added.

“This is because the house was in a good condition despite being more than 10 years old. The owners had kept the house neat and tidy. The final buyer loved the great condition and its tasteful renovation,” Ong noted.

She explained that the seller of this Balinese-style-furnished house was looking to retire in Port Dickson, hence he decided to cash out the property here in Kuala Lumpur.

Data in EdgeProp Research showed that there was only one unit of Bukit Mandarina sold in 2020 at an average transaction price of RM780,000 or RM474 psf.

As at February 2021, three units were listed for sale on EdgeProp.my with an average asking price of RM1.04 million or RM619 psf. Meanwhile, there were no rent units in Bukit Mandarina listed over the same period.

Interested to buy unit in Bukit Mandarina? Or click here for more property listings in CherasClick here to know more about Joanne Ong and potential good deals.

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Joanne Ong pro agent
REAPFIELD PROPERTIES (HQ) SDN. BHD. (REN 26519)
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