RM735,000 (RM612.5 psf)

DONE DEAL: Factory, Meru, Klang, Selangor

DONE DEAL: Condominium, Bukit Bintang, Kuala Lumpur

If the phrase “business in the front, party in the back” could be developed into real estate, you’d get Bukit Ceylon. The place wears many hats as a residential area, commercial centre, and nightlife hub. Residential developments in Bukit Ceylon have seen a steady increase in demand due to land scarcity.

According to Ann Ong (PEA3506) (010-280 2014) of PropNex Realty Sdn Bhd, the buyer saw a fantastic investment opportunity as the property was originally valued at RM1.1 million. The previous owner was looking to cash out of Malaysia.

As of January 2024, there are a total of 100 listings for sale in Bukit Ceylon, with an average asking price of RM907,274 or RM1 767.64 psf. For rental listings, there are a total of 50, with an average monthly rental of RM32,568.98 or RM21.47 psf.

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