RM810,000 (RM675 psf)

DONE DEAL: Condominium, Bukit Ceylon, Kuala Lumpur

DONE DEAL: Office, Shah Alam, Selangor

Bukit Ceylon is famous for its nightlife, commercial hubs, and proximity to other vibrant locales like Bukit Bintang, Chinatown, and KLCC. It’s a popular location for expats and young urbanites. Not the affordable entry point into city living that it used to be, Bukit Ceylon maintains its timeless appeal for property investors and buyers.

It was another wonderful investment for the buyer, according to Ann Ong (PEA3506) (010-280 2014) of PropNex Realty Sdn Bhd who closed the deal, as the original bank value of the property was RM1 million. The previous owners can finally cash out of Malaysia.

As of January 2024, there are a total of 16 listings on EdgeProp for sale in Bukit Bintang, with an average asking price of RM1,140,901.25 or RM875.24 psf. For rentals, there are a total of 22 listings, with an average monthly rental of RM3,616.36 or RM2.97 psf.

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