RM1.95 million (RM818 psf)
DONE DEAL: Condo at Five Stones, Petaling Jaya, Selangor
(PEA 2710) 0132288881
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Developed by Selangor Dredging Bhd, Five Stones Condominium comprises five blocks of low and mid-rise villas and high-rise condominiums with large built-ups.
The development was completed in 2012 and is located at the mature area of SS2, a stone’s throw from amenities such as Jaya One, KDU College and Atria Shopping Gallery.
According to IQI Realty Sdn Bhd’s real estate agent Swiss Tan, the seller of the unit was a property investor who saw the potential of Five Stones for its strategic location and bought the unit for capital appreciation.
She noted that this is a special unit as it has a large built-up of 2,381 sq ft and even has its own private lift.
The private lift attracted the buyer, who also liked the the calming garden and pool view from the unit.
Data from EdgeProp Research showed that five units in Five Stones were transacted in 2019 at an average transaction price of RM2.05 million or RM820 psf while no transaction was recorded in 2020.
As at mid-January 2021, three units of Five Stones were put up for sale in EdgeProp.my with an average asking price of RM1.95 million or RM841 psf. At the same time, seven units were looking for tenants at an average asking monthly rental of RM7,086 or RM2.46 psf.
Interested to buy unit in Five Stones? Or click here for more property listings in SS2, Petaling Jaya. Click here to know more about Swiss Tan and potential good deals.
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