Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL

Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.6m | DONE DEAL

Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.58m | DONE DEAL

Pangsapuri Danaumas, Selangor condo unit sold for RM320k | DONE DEAL

The average transaction price for Menara Bukit Ceylon was RM505 psf, based on EdgeProp’s data for the past 48 months. 

According to Ann Ong (PEA 3506) (010-280 2014) of PropNex Realty Sdn Bhd, the buyer felt the unit was a good deal for own stay. The buyer also considered it a worthwhile purchase due to the potential for strong returns on investment. The seller was an expatriate looking to cash out.

As of end-August, there were 17 sale listings on EdgeProp at Menara Bukit Ceylon, with an average asking price of RM834,117.65 or RM542.4 psf, based on built-ups ranging from 1,410 to 1,570 sq ft. For rentals, there were four listings, with an average monthly rent of RM3,600 or RM2.50 psf, based on built-ups ranging from 1,400 to 1,500 sq ft.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.