(REN 00276) 
Kelana Jaya SS5, Selangor terrace house sold for RM960k | DONE DEAL
Bangsar Baru, Kuala Lumpur bungalow sold for RM6.17m | DONE DEAL
According to Anita Sharma (REN 00276) (012-360 7845) of Reapfield Properties Sdn Bhd, the buyer liked the property's renovated condition, which meant minimal upgrading. The house also stood out because of its location on a quieter street, away from the commercial area. The house had been on the market for about a year but was finally sold after the higher initial asking price had been reduced. The previous owner sold the property after relocating to a larger home that could comfortably accommodate his children and parents.
The latest transaction for a terrace house dated March 3 at Jalan Telawi 6, Bangsar Baru saw a home with land size of 1,869.92 sq ft sold at RM1.4 million, translating to a price of RM748.70 psf (source: EdgeProp EPIQ).
As of mid-June, based on *70 sale listings on EdgeProp of terrace houses at Bangsar Baru, the average asking price was RM2,235,571 or RM991.65 sq ft, based on land sizes ranging from 1,600 to 5,275 sq ft. Based on *five rental listings, the average asking monthly rate was RM4,370 or RM2.36 psf, based on land sizes ranging from 1,760 to 1,900 sq ft.
*This number does not represent unique listings.
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