RM500,000 (RM333.33 psf)

DONE DEAL: Factory, Gelang Patah, Johor

DONE DEAL: Bungalow, Ukay Heights, Ampang, Selangor

In the heart of Kuala Lumpur’s Golden Triangle, lies another triangular section of land bordered by Jalan Pudu, Jalan Raja Chulan, and Jalan Sultan Ismail. Here, average transacted prices for non-landed properties have been decreasing since reaching RM815,000 in 2021. This dropped to RM667,000 in 2023 —  an 18.2% decrease over two years. If you’ve dreamed of owning a condo with cityscape views, do check your mortgage eligibility. (Source: EdgeProp EPIQ)

According to Ann Ong (PEA 3506) (010-280 2014) of Propnex Realty Sdn Bhd, the previous owners sold the property as they had moved overseas. The buyers were interested in the property because of its potential as a retirement home or an investment with returns of around 5%.

As of May 2024, there are a total of 24 listings on EdgeProp for sale around Angkasa Impian or along Jalan Raja Chulan and Jalan Pudu. The average asking price for these listings is RM592,124.96 or RM434.50 psf. There are currently no rental listings.

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