Areca, Bandar Seri Coalfields
Areca is a freehold landed housing estate located in Bandar Seri Coalfields, Sungai Buloh.The built-up available at this project is 1,650 sf to 2,200 sf. It was developed by Kuala Lumpur Kepong Bhd (aka KLK).
Kuala Lumpur Kepong Bhd (aka KLK) is a medium-scale property developer listed on Bursa Malaysia, and it has built about 13 property projects in Malaysia. Other similar projects by the same developer are Allamanda, Banyan, Banyan 2, Bromelia, Duranta, Hibiscus, Ixora, Oleander and Senna.
The only amenities nearby this landed housing estate are schools.
The current market prices for Areca are from RM500,000 to RM680,000 (about RM280 psf); while the monthly rentals are from RM1,200 (about RM0.63 psf). The highest median price psf ever recorded was RM368 psf in Q1 2016; while the lowest one was RM269 psf in Q3 2018.
The current rental yield of Areca is around 2.11%, compared to 3.2% 2 years ago in Q4 2015. The highest rental yield ever recorded was 3.2% in Q4 2015; while the lowest one was 1.76% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Areca is 4-bedroom / 1,845 sf with a median price of RM280 psf. For price wise, the most expensive one is 4-bedroom / 2,200 sf with a median price of RM310 psf; while the cheapest one is 4-bedroom / 1,845 sf with a median price of RM280 psf.
Latest Areca for sale listings: