Seventeen Residences is a serviced apartment component located above a well-organised wet market and within the bustling commercial area of Seksyen 17 in Petaling Jaya (PJ), Selangor. The development was built and completed by Conlay Constructions Sdn Bhd in 2019.
Liza Tieo, Hectarworld Realty Sdn Bhd real estate negotiator, said the development is located strategically in Seksyen 17 and surrounded by amenities, an ideal property for the buyer who is looking for a property for his children.
“The buyer is a foreigner. He is buying accommodation for his children when they pursue their studies in PJ. He likes this place for its safety and convenience,” Tieo said, adding that the seller was letting go of the unit to cash out from his investment.
The semi-furnished unit is located on a high floor with an unobstructed view of surrounding green hills.
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 July 2021, 46 units were listed for sale in EdgeProp.my with an average asking price of RM741,600 or RM909.80 psf. Meanwhile, 81 units were looking for tenants with an average asking monthly rental of RM1,977 or RM2.50 psf.
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