Located in Petaling Jaya, Bandar Utama is a stone's throw away from shopping places such as 1 Utama Shopping Centre and Centrepoint. It is also close to Pui Chai Primary School, British International School and First City International College.
According to real estate negotiator of IQI Realty Sdn Bhd, Amy Wong, landed houses in Bandar Utama are one of the most sought-after properties in the market given its good amenities and strategic location.
“The terraced house had a price tag of RM1.2 million. It was a bit pricey. However, the seller was quite firm on the asking price and willing to wait for the right buyer who agreed with the selling price,” Wong said, adding that the seller was looking at cashing out his investment.
Meanwhile, the buyers like the unit for being just 100m away from a small park, as well as it being within a short walking distance to 1 Utama Shopping Centre, Bandar Utama Central Park and Bandar Utama MRT station.
According to EdgeProp Research, Bandar Utama landed homes registered an average transacted price of RM1.32 million or RM723.29 psf in 2020.
As at Aug 2021, 144 units were looking for buyers on EdgeProp.my, with an average asking price of RM1.52 million or RM692.48 psf. Meanwhile, 38 units were up for rent with an average monthly asking rate of RM2,814 or RM1.22 psf.
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