RM4.05 million (RM768 psf)
DONE DEAL: Condominium at Sunway Palazzio, Kuala Lumpur
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Sunway Palazzio is located in the affluent residential township of Sri Hartamas, a township that attracts an affinity among the expatriates.
Residents of the condominium are surrounded by luxurious facilities and amenities to complete their daily needs. Developed by Sunway City Bhd, the entire development comprises 160 units across two blocks.
According to Jalin Realty Sdn Bhd’s Evonne Lee, who concluded the deal, the buyer was an elderly expatriate couple who had participated in the Malaysia My Second Home (MM2H) programme and had adored the development ever since they visited a friend there years before.
Before they viewed this unit, the couple had seen some units in other developments but none of them met their requirements. Finally, they found this unit which ticked all the criteria in their list.
“The unit’s size was perfect as it was spacious, had high ceiling, bright natural light and offered lots of privacy and security,” she said, adding that the moving-in condition was hassle-free for them as it had been touched up prior to being listed.
According to EdgeProp Research, an average transacted price of RM2.64 million or RM810.25 psf in 2019 were recorded for a total of four units in Sunway Palazzio while an average transaction price of RM2.97 million or RM858.50 psf for two units were recorded in 2020.
As of mid-October 2021, a total of 14 units were listed for sale in EdgeProp.my with an average asking price of RM2.4 million or RM759 psf while 23 units were listed for rental with an average asking monthly rate of RM10,187 or RM3.11 psf.
Interested to buy a unit in Sunway Palazzio? Or click here for more property listings in Sri Hartamas. Click here to know more about Evonne Lee and potential good deals.
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.
