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sold for

RM1.4m (RM305.94 sq ft)

Excella Business Park, Selangor shop sold for RM1.4m | DONE DEAL

Concluded by: Nur Alia Omar pro agent (REN 43690)
IQI REALTY SDN. BHD.
0102280071
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According to Nur Alia Omar (REN 43690) (010-228 0071) of IQI Realty, the buyer was an upgrader who wanted a larger or improved property. The previous owner was willing to let go of the property at below market price as it had been on the market for one and a half years.

A rent deal dated March 1, 2024 at Excella Business Park saw a 799.98-sq ft shop leased for a monthly rate of RM3,200, translating to RM4 psf (source: EdgeProp EPIQ).

As of mid-May, based on three* sale listings of shophouses on EdgeProp at Excella Business Park, the average asking price was RM3 million or RM395.72 psf, based on built-ups ranging from 4,575 to 14,900 sq ft. No data was available for rentals at Excella Business Park.

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Nur Alia Omar pro agent
IQI REALTY SDN. BHD. (REN 43690)
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