EdgeProp Research: Price for semidees in Damansara Heights remained steady

The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.

Prices of semidees continued to see healthy growth. The average transacted price climbed to RM1,006 psf in 9M2020, from RM995 psf in 2019.

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However, prices of bungalows and condominiums in the nine months dipped 12% and 20% respectively, from 2019.

The average transaction price of bungalows in Damansara Heights rose to RM769 psf in 2019 from RM710 psf in 2018, before declining to RM674 psf in 9M2020.

Condominiums in this area saw average selling price dipping to RM571 psf in 9M2020 from RM715 in 2019.

This story first appeared in the E-weekly on March 19, 2021. You can access back issues here.

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