According to Meifen Low (REN 06451) (012-653 0714) of EUM Realty Sdn Bhd, the tenant was attracted to the unit’s strategic location. The property was speedily and smoothly leased within a week of listing. The owner, who was described as a seasoned investor, had acquired the serviced residence as an investment property.
A transaction dated July 12, 2024 involved a commercial service apartment unit at Wisma Infinitum. The 710.42 sq ft property changed hands at RM1.1 million, reflecting a price of RM1,548.38 psf. (source: EdgeProp EPIQ)
As of mid-May, based on *27 sale listings of units on EdgeProp at The Colony by Infinitum, the average asking price was RM1,091,889 or RM1,404.45 psf, based on built-up sizes ranging from 705 to 1,200 sq ft. For rentals, there were *four listings with an average asking monthly rate of RM1,727 or RM7.15 psf, based on built-up sizes ranging from 203 to 320 sq ft.
*This number does not represent unique listings
……….
EdgeProp brings you another month of data-driven insights, exclusive interviews, and market commentaries. Subscribe now for your free copy!
