DONE DEAL: Bangsar Puteri Condominium

Sold for: RM1.07 million (RM721 psf)
Concluded by: Terence Yap (REN 03227) of One Sunterra Properties (012-2103557)
When: August 2016

Noteworthy:
● Freehold
● Built up: 1,485 sq ft
● Completed in 1987
● Developed by BRDB Developments Sdn Bhd
● Three bathrooms, two bedrooms

Amenities at Bangsar Puteri Condominium include tennis courts, gymnasium, convenience store, laundry, wellness centre, hair salon, Chinese restaurant, BBQ pit, lush greenery and 24-hour security.

According to the agent, Terence Yap of One Sunterra Properties, this is an extremely well kept unit on a low floor with a large balcony facing townhouses.

The unit was sold with a built-in kitchenette, wardrobes and air conditioners.

“Bangsar Puteri is one of the earliest condominiums in Bangsar dating back to the mid-1980s. It is located along Jalan Medang Serai and a short walk from Bangsar Shopping Centre and the new Pusat Bandar Damansara MRT station,” said Yap.

“This freehold development has lots of potential for enbloc or redevelopment in the future as even though it sits on several acres of land, it has merely over 200 units,” he added. 

According to data from TheEdgeProperty.com over the period of 1Q2012 to 1Q2016, the highest average price per sq ft achieved for Bangsar Puteri was in 1Q2016 — there was one transaction at RM769 psf for a unit with built-up area of 1,756 sq ft.

According to listings from TheEdgeProperty.com, the current average asking price is RM830 psf.

The available listings on TheEdgeProperty.com also showed that the average asking monthly rent in Bangsar Puteri is RM4,040 per month or RM3.03 psf. The indicative asking rental yield is not immediately available.

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Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]