RM490,000 (RM890 psf)

DONE DEAL: Serviced apartment at Pavilion Suites, Jalan Bukit Bintang, Kuala Lumpur
DONE DEAL: Double-storey bungalow at Section 16 (Petaling Jaya), Kuala Lumpur

Seventeen Residences is a serviced apartment component located above buzzing commercial spaces nestled in Petaling Jaya. The development was built and completed by Conlay Constructions Sdn Bhd in 2019.

Hectarworld Realty Sdn Bhd real estate negotiator Liza Tieo said the development is located strategically in Section 17 and surrounded by amenities, which fulfilled all the requirements of the buyer.

“The buyer was an elderly lady who did not drive, thus this place was ideal for her as she could get almost everything at the doorstep or within a short walking distance,” Tieo said.

Meanwhile, the seller did not mind a slightly-below-market price of RM490,000 as he wanted to cash out as soon as possible. The buyer paid the booking fee on the same day right after she viewed the unit.

According to EdgeProp Research, nine units of Seventeen Residences were transacted at an average price of RM550,556 or RM868 psf in 2019. No transaction was recorded in 2020.

As at Feb 2021, 37 units were listed for sale in EdgeProp.my with an average asking price of RM754,000 or RM920 psf. Meanwhile, 26 units were looking for tenants with an average asking monthly rental of RM2,380 or RM3.19 psf.

Interested to buy unit in ​Seventeen Residences? Or click here for more property listings in Section 17, PJ​. Click here to know more about Liza Tieo and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

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