sold for

RM 9.2 million ( RM1,795.82 psf )

DONE DEAL: Three-storey shoplot at SS2, Petaling Jaya, Selangor

Agent
Concluded by: Daniel Chiengpro agent (REN 12845)

PROPNEX REALTY SDN. BHD.

01122223330

Property
Chin Wai Lun
2 June, 2022
Updated:over 3 years ago

Mention SS2, and the first thing that comes to mind are its durian stalls. The busy commercial district in Petaling Jaya is also well-known for its many F&B offerings.

According to Daniel Chieng of Meridin Properties Sdn Bhd, who brokered the deal, the owners were cashing out on this 3-storey shoplot for their retirement.

Meanwhile, the buyers liked the prime location that had high visibility and stable rental yield.

“They preferred this unit as it was a corner unit with main-road frontage, giving it high traffic and visibility,” added Chieng.

Based on data from EdgeProp.my as of end-May 2022, there were 15 shops on the market with an average asking price of RM3.24 million or about RM757 psf against land size. Meanwhile, there were 28 rental units with an average monthly rent of RM7,566 or RM2.85 psf.

Interested to buy a unit in SS2? Or click here for more property listings in Petaling Jaya. Click here to know more about Daniel Chieng 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.

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