Located in Section 16, Petaling Jaya, Li Villas is a freehold condominium neighbouring Eastin Hotel and TPC Kuala Lumpur. It comprises four residential blocks with a total of 380 units. The unit’s built-up sizes range from 980 sq ft to 1,765 sq ft.
IQI Realty Sdn Bhd real estate agent Swiss Tan said the owner was a foreigner, so he decided to let go of the unit as he was planning to go back to his home country.
The fully-furnished unit was sold within two weeks after being listed even before Tan uploaded her YouTube video to introduce the unit.
“The house condition was immaculate and it came with a premium golf course view, hence it was great value for the buyer,” Tan shared.
According to EdgeProp Research, nine units of Li Villas were sold with an average transaction price of RM979,778 or RM648 psf in 2019. Meanwhile, three transactions were recorded in 2020 at an average transaction price of RM681,000 or RM564 psf.
As at mid-June 2021, some 40 units of Li Villas were listed for sale on EdgeProp.my with an average asking price of RM1.2 million or RM754 psf. At the same time, eight units were looking for tenants at an average asking monthly rental of RM3,180 or RM2 psf.
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