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Taman Lestari Puchong

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Rental Price **

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Details
Developer:
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:Taman Lestari Puchong
Street Name:
Postal Code:
Property Type:Terraced House
Tenure:
District/Planning Area:Puchong South
Completion:11 Aug 2022
Number of Landed Units:0 units
Number of Non Landed Units:0 units
Sold Price Range/Average*:RM 257 psf - RM 392 psf / RM 316 psf
Leased Rental Range/Average**:
Implied rental yield**:%
Historical High:RM 874 psf in Oct 2018 for a 1,399-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 4 psf in Dec 2013 for a 1,076-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.

About This Project

**##Overview##** Taman Lestari Puchong is the original name for the area in Bandar Putra Permai (BPP) that was included in the Lestari Puchong development project by Lestari Puchong Sdn.Bhd. (a subsidiary of Talam Corporation). This 400 acre leasehold residential area is now more commonly known as Taman Lestari Putra (TLP) and has a few developers involved in its further development, one of them being Paragon Mastery Sdn.Bhd. The planned earlier phases that were due to be completed in 2006 by Lestari Puchong Sdn.Bhd. were finally completed only in 2010. It is surrounded by virgin forests, Taman Putra Permai, Kota Perdana and Lestari Perdana residential sections. TLP has seen tremendous growth in its population like BPP which it is a part of. Some estimates say that BPP has over 250,000 residents of multi-racial middleclass to upper middleclass backgrounds. This major township together with its sub-townships is part of the Ayer Hitam Forest Reserve of Sri Kembangan and covers an area of 8,500 acres. Clean with fresh air, having low traffic flow and crime rates, TLP is a picture of peace, quiet and serenity. Its avenues are wide and well maintained with trees lining them, complete with green buffer zones and kerbed nature strips. Even the streets servicing the housing sections are neat, green tufted, and spacious with plenty of shady trees and playgrounds nearby. What is lacking is a commercial centre within this area itself although just a short drive away is the BPP town centre which has myriad amenities and facilities. Its properties mainly 1 & 2 storey terraced houses and condominiums have seen their values experiencing volatility in late 2016 but have since stabilized in the first half of 2017. **##Amenities & Facilities##** There are no shop lots within walking distance of TLP so residents here have to drive 4 minutes’ away to The Atmosphere, an impressive business complex of 4-5 storey shop lots and arcades. Giant Hypermarket, Bazaar Rakyat, and Pasar Borong Selangor, slightly further away, are also along Jalan Putra Permai which leads to Equine Park and its commercial centres. There are Petronas, Shell, and Petron petrol stations along this main road which is very spacious, with panoramic views of the wide open undulating green landscape and buildings of BPP. Also near to TLP is Farm in the City and Downtown Night Bazaar which are just adjacent to The Atmosphere. Aeon Equine Park is only 10 minutes from TLP and together with all the commercial centres of BPP offer an assortment of banks, pharmacists, eateries, bakeries, clinics, dental clinics, beauty and hair salons, car service centres, hotels, and minimarkets as well as supermarkets. Schools like SK Seksyen 9 Kota Damansara, and SK Taman Desaminium are public schools nearby TLP, while further away are international schools like Beacon House Sri Inai, Raffles International Private School, and Alice Smith [email protected] Campus. Serdang Hospital and Columbia Puchong Hospital are 18 minutes’ and 20 minutes; drive away respectively. **##Accessibility & Transportation##** Persiaran Lestari Puchong is the main road that goes through TLP and links up with Persiaran Kota Perdana which is the only access road to these residences currently in 2017. Persiaran Kota Perdana links up with Jalan Putra Permai that connects with Jalan Besar - which leads to Sri Kembangan, and There are bus services leading to Equine Park with a bus terminal at Putra Permai commercial centre near Aeon Equine Park but there is no bus route yet leading into TLP.
Sales Transaction of Taman Lestari Puchong

Source: NAPIC, EdgeProp.my

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Price Trends

Source: NAPIC,EdgeProp.my

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Historical Monthly Price Range & Volume Trends

Source: NAPIC,EdgeProp.my

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Asking Prices of Taman Lestari Puchong

Source: EdgeProp.my

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Sale Asking Price Trends

Source:EdgeProp.my

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Sales Asking Quarterly Price Trends

Source: EdgeProp.my

Note: 25% of listings asked for below 25th percentile price, 50% asked for below median price and 75% asked for below 75th percentile price. Data are only available if there are more than 10 listings in any quarter
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Rental Listings of Taman Lestari Puchong

Source: NAPIC, EdgeProp.my

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Rental Asking Price Trends

Source:EdgeProp.my

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Average Rental Yield Analysis

Source: NAPIC,EdgeProp.my

*Based on transactions and asking rents in the past 12 months.
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Rental Asking Quarterly Price Trends

Source: EdgeProp.my

Note: 25% of listings asked for below 25th percentile price, 50% asked for below median price and 75% asked for below 75th percentile price. Data are only available if there are more than 10 listings in any quarter
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Estimated Unit Size Distribution

Source: NAPIC,EdgeProp.my

Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
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Price Comparison with Nearby Properties (UP to 50)

Source: NAPIC,EdgeProp.my

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

(Properties Within 1km)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

Source: NAPIC,EdgeProp.my

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Listings

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