RM7.35m (RM512.66 psf based on land size)

Beverly Heights, Selangor detached house sold for RM2.08m | DONE DEAL

The Colony by Infinitum, Kuala Lumpur serviced residence rented for RM4k | DONE DEAL

According to Anita Sharma (REN 00276) (012-360 7845) of Reapfield Properties Sdn Bhd, the buyer liked the property’s spaciousness, flat and square land plot, as well as its potential for rebuilding into a larger home for his growing family. Sharma added that the property stood out for its attractive pricing, prime location and rare large land size, making it a strong-value purchase compared to other homes in the market.

The previous owner decided to sell the property as he had settled in Australia and was unable to maintain the inherited home over the long term, despite his emotional attachment to the house. The property had been on the market for close to seven months before the deal was finalised.

The latest transaction data for a bungalow at Taman Pantai was on July 7, 2021, which saw a property with a land size of 13,026.70 sq ft transacted at RM5.78 million, translating to a price of RM443.70 psf (source: EdgeProp EPIQ).

As of end-May, based on *31 sale listings of bungalows on EdgeProp at Taman Pantai, the average asking price was RM8,001,903 or RM1,219.59 psf, based on land sizes ranging from 6,400 to 15,000 sq ft.

*This number does not represent unique listings

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