Developed by Perdana ParkCity Sdn Bhd, the low-density leasehold condominium only houses 96 units with built-up sizes ranging from 950 sq ft to 1,400 sq ft. As the project is strategically located near the Embassy Row in the heart of Kuala Lumpur, it is populated with mostly expatriates, especially Koreans and Iranians, and affluent locals as well.
One WSM Property Sdn Bhd real estate negotiator Meifen Low said the owner was Korean. He decided to go back to his country, so he was letting go of this unit urgently.
Meanwhile, the buyer was a Malaysian looking for a unit here for own stay.
“The unit was very well-kept as it had been occupied by the owner himself. The buyer was attracted to the unit’s good condition, as well as the price. It was slightly below the market price as the buyer wanted to let go of the unit as soon as possible,” Low shared.
According to EdgeProp Research, two units of One Ampang Avenue exchanged hands in 2020 at an average price of RM432,500 or RM311.50 psf.
As at Sept 2021, there were 23 units listed for sale on EdgeProp.my at an average asking price of RM446,678 or RM427 psf.
Meanwhile, 18 units were listed for rent at an asking monthly rate of RM1,950 or RM1 psf.
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