IQI Realty real estate agent Swiss Tan, who concluded the deal, said although the house had been tenanted through the years, it was well kept and was in fairly good condition.
“The house had been renovated and upgraded several times. It had a three-phase wiring electrical supply, so it was safer. Moreover, the land size of the house is 22ft by 80 ft, which is longer than the typical link house in the area,” Tan shared.
She added that the house was an end-lot unit with extra roadside parking space. The Chengai beams in the main living area also made the house a special offer in the market.
Meanwhile, Tan said the owner decided to let go of the unit after the tenant shifted out as the owner did not want to maintain the property anymore.
According to EdgeProp Research, only one bungalow unit exchanged hands last year at an average price of RM751 psf, translating to RM4.5 million.
As at Oct 2021, there were 81 sale listings with an average asking price of RM715 psf or RM6.4 million.
Meanwhile, there were 16 rental listings of bungalows at TTDI at EdgeProp.my, with an average asking monthly rent of RM8,254 or RM1.23 psf.
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