According to Arden Estates Sdn Bhd’s Allison Lee, who concluded the sale, the buyer was looking for a house ready for move-in and this bungalow happened to be in excellent condition.
“The bungalow was very well-maintained and looked almost new. In addition, the design was done very tastefully by the previous owners. Also, it was very spacious with a huge porch, backyard and even a swimming pool,” said Lee.
“With a land size of nearly 10,000sq ft in a prime location, along with a beautiful design and tip-top condition, the property could have fetched a higher price than the transacted price [of RM6.8 million],” said Lee, noting that the buyer clinched a good deal.
She added that the bungalow had served as a family home for years, but as the children migrated overseas, it became too big for the owners to maintain.
As of early Sept 2021, there were 384 for-sale listings for detached and bungalow houses in Damansara Heights on EdgeProp.my with an average asking price of RM7.9 million or RM978 psf.
In 2020, there were 14 transactions of such houses with an average transacted price of RM6.1 million or RM726 psf.
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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