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.

Property Type
Landed Housing
Land Tenure
Leasehold
Built-up
1,722 sf - 2,012 sf
Market Price
RM590,000 - RM640,000
Total Units
368 Units
Completion Date
2015
Launch Price
About RM250 psf

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:

DateTypeBuilt-upPrice
28 Oct 2021Semi-Detached1,800 sfRM650,000
28 Oct 2021Semi-Detached1,722 sfRM555,000
22 Sep 2021House1,760 sfRM630,000
21 Sep 2021Semi-Detached2,012 sfRM515,000
21 Sep 2021Semi-Detached2,012 sfRM550,000
8 Aug 2021Semi-Detached2,012 sfRM580,000
8 Aug 2021Semi-Detached2,012 sfRM570,000
8 Aug 2021Semi-Detached2,012 sfRM630,000
24 Jul 2021Semi-Detached2,012 sfRM500,000
1 Jul 2021House1,760 sfRM675,000
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