Royal Ivory, BSP Avenue
Royal Ivory (also known as Royale Ivory) is a leasehold landed housing estate located in BSP Avenue, Bandar Saujana Putra. There are 368 units available at this project with built-up from 1,722 sf to 2,012 sf. It was developed by LBS Bina Group Bhd with a launch price of about RM250 psf, and was completed around 2015.
LBS Bina Group Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 50 property projects in Malaysia. Other similar projects by the same developer are BSP Avenue, Desa Saujana 2, Desiran Bayu, Indigo Homes, Irama Perdana, Iris Garden, Ivory Residences, Royal Ivory 2, Ruby Garden and Topaz.
This landed housing estate is not very ideal for own stay or investment, as it has no amenities around.
The current rental yield of Royal Ivory is around 2.29%, compared to 2.36% a year ago in Q4 2020. The highest rental yield ever recorded was 3.43% in Q1 2021; while the lowest one was 2.09% in Q2 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Royal Ivory is 4-bedroom / 1,722 sf with a median price of RM340 psf. For price wise, the most expensive one is 3-bedroom / 1,760 sf with a median price of RM360 psf; while the cheapest one is 4-bedroom / 2,012 sf with a median price of RM320 psf.
Latest Royal Ivory sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 28 Oct 2021 | Semi-Detached | 1,800 sf | RM650,000 |
| 28 Oct 2021 | Semi-Detached | 1,722 sf | RM555,000 |
| 22 Sep 2021 | House | 1,760 sf | RM630,000 |
| 21 Sep 2021 | Semi-Detached | 2,012 sf | RM515,000 |
| 21 Sep 2021 | Semi-Detached | 2,012 sf | RM550,000 |
| 8 Aug 2021 | Semi-Detached | 2,012 sf | RM580,000 |
| 8 Aug 2021 | Semi-Detached | 2,012 sf | RM570,000 |
| 8 Aug 2021 | Semi-Detached | 2,012 sf | RM630,000 |
| 24 Jul 2021 | Semi-Detached | 2,012 sf | RM500,000 |
| 1 Jul 2021 | House | 1,760 sf | RM675,000 |