rented for

RM4,000 (RM2.02 psf based on land size)

Sunway Citrine Lakehomes, Johor town house rented for RM4k | DONE DEAL

Concluded by: Jin Teok (REN 24772)
THE ROOF REALTY SDN. BHD.
0127717963
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Elmina Business Park, Selangor factory rented for RM36k | DONE DEAL

Jaya One, Selangor office rented for RM5.3k | DONE DEAL

Residensi 22, Kuala Lumpur condo unit sold for RM2.55m | DONE DEAL

Using a 1km radius from Sunway Citrine Lakehomes, Johor, the average transacted price in the area rose to RM1.2 million in 2024 from RM1.1 million in 2023, while the average price per sq ft (psf) decreased from RM600 psf to RM538 psf over the same period (source: EdgeProp EPIQ).

According to Teok Jin Lin (REN 24772) (012-771 7963) of The Roof Realty Sdn Bhd, the tenant was instantly drawn to the fully renovated unit with furnishings that felt like home, a rare find in Johor Bahru. The owner decided to rent out the property as earnings from his investment.

As of beginning-October, there were 19 sale listings on EdgeProp at Sunway Citrine Lakehomes, with an average asking price of RM807,894.74 or RM389.25 psf, based on built-ups ranging from 1,432 to 2,196 sq ft. For rentals, there were 18 listings, with an average monthly rate of RM3,177.78 or RM1.92 psf, based on built-ups ranging from 1,432 to 1,976 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.

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Jin Teok
THE ROOF REALTY SDN. BHD. (REN 24772)
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