RM848,000 (RM279 psf against land size)
DONE DEAL: Single-storey terraced house at Taman Salak Selatan, Kuala Lumpur
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Taman Salak Selatan, also known as Salak South Garden, is an established housing area strategically located in Kuala Lumpur. It is connected by major highways such as KESAS, Seremban Highway, MRR2 and MEX Highway.
According to Cassidy Loo, the real estate negotiator of Reapfield Properties, the landed property of Taman Salak Selatan is highly sought after by the market given its strategic location and the well-established neighbourhood.
“That is why this particular unit was very rare. You don’t find a freehold corner lot with flat land every day in Taman Salak Selatan. It was also the biggest reason for the buyer to put down a deposit,” Loo said.
According to Loo, the seller decided to let go of the unit after sending her mother, who was staying in the unit alone, to a nursing home for better daily care.
Meanwhile, the buyer was searching for a unit here for self-occupancy as she wanted to stay near her family.
Loo deemed it a good deal as it could possibly be the only corner lot with flat spare land on the site as the majority of the corner houses in the same neighbourhood have sloped gardens.
According to EdgeProp Research, two landed properties in Taman Salak Selatan were sold in 2020 at an average transacted price of RM490,000 or RM350 psf.
As at Sept 2021, some 17 landed properties were listed for sale on EdgeProp.my. The average asking price was RM693,640 or RM350.98 psf. Meanwhile, only one property was looking for a tenant at a monthly asking rental of RM1,680 or RM1.09 psf.
Interested to buy a unit in Taman Salak Selatan? Or click here for more property listings in Salak South Garden. Click here to know more about Cassidy Loo and potential good deals.
Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.
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