Two-storey bungalow, Tropicana Indah Resort Homes, Petaling Jaya

Sold for: RM3,460,000

Concluded by: Zoe Ong of Suite Trade Properties (016 203-3806)

When: September 2015

Address: Jalan PJU3/16, Tropicana Indah Resort Homes

Noteworthy:
- Leasehold
- Built-up: 4,230 sq ft
- Land area: 6,200 sq ft
- 5 bedrooms, 5 bathrooms
- cul-de-sac lot
- well-connected to major highways
- just a few minutes’ drive from Tesco Hypermarket, IKEA and Ikano Power Centre

According to the agent, Zoe Ong of Suite Trade Properties, homes within the Tropicana Indah area are sought after due to their strategic location as well as conveniences offered by nearby amenities. She describes the house to be within an “affluent community”, surrounded by the Tropicana golf course and club house. The neighbouring townships include Kota Damansara, Ara Damansara and Taman Tun Dr Ismail.

According to data from theedgeproperty.com (as at Oct 22, 2015) there were only two transactions on Jalan PJU3/16 between 2012 and 2013. One was in 4Q2012 with a built-up of 10,441 sq ft for RM6.6 million. The other took place in 3Q2013, with a built-up of 10,226 sq ft for RM6.7 million.
There was no rental data for houses on this road during the period under review -- hence there is no indicative gross rental yield.  

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