Teega, Puteri Harbour

Teega is a freehold integrated office, residential & retail hub located in Puteri Harbour, Nusajaya. It comprises Teega Residence, Teega Suites, Teega Tower and Teega Walk. There are 1,292 apartment units available at this project with built-up from 485 sf to 1,582 sf for apartment units and 2,362 sf to 2,576 sf for offices. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at about RM900 psf for apartment units, and was completed in around 2016.

UEM Sunrise Bhd (fka Sunrise) is a gigantic property developer listed on Bursa Malaysia, and it has built about 59 property projects in Malaysia. Other similar projects by the same developer are 11 Mont Kiara, Arcoris, Menara Solaris, Residensi 22, Serene Heights, Solaris Dutamas, Solaris Mont Kiara, Symphony Hills, Taman Nusa Idaman and Verdi.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
485 sf - 1,582 sf (Apartment)
2,362 sf - 2,576 sf (Office)
Market Price
RM390,000 - RM1,040,000 (Apartment)
RM1,110,000 - RM1,490,000 (Office)
Density
1,292 Apartments
Completed In
2016
Launch Price
RM900 psf (Apartment)

This integrated office, residential & retail hub is not very ideal for own stay or investment, as it has no amenities around.

The current market prices for Teega are from RM390,000 to RM1,040,000 (about RM800 psf) for apartment units and RM1,110,000 to RM1,490,000 (about RM470 psf) for offices; while the monthly rentals are from RM1,800 to RM3,500 (about RM2.61 psf) for apartment units and RM4,200 to RM7,200 (about RM2.80 psf) for offices. The highest median price psf ever recorded was RM1,350 psf in Q3 2013 (Apartment) and RM592 psf in Q4 2017 (Office); while the lowest one was RM712 psf in Q4 2018 (Apartment) and RM463 psf in Q1 2019 (Office).

The current rental yield of Teega is 3.64% for apartment units and 4.63% for offices. The highest rental yield ever recorded was 4.8% in Q1 2018 (Apartment) and 4.63% in Q1 2019 (Office); while the lowest one was 3.57% in Q4 2018 (Apartment) and 4.38% in Q3 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Teega for apartment units is Studio / 485 sf with a median price of RM800 psf. For price wise, the most expensive one is Studio / 553 sf with a median price of RM810 psf; while the cheapest one is 3-bedroom / 1,582 sf with a median price of RM660 psf.

Office Layouts

Lastly, the most popular layout and size combination at Teega for offices is 2,363 sf with a median price of RM470 psf. For price wise, the most expensive one is 2,576 sf with a median price of RM580 psf; while the cheapest one is 2,362 sf with a median price of RM470 psf.

Latest Teega for sale listings:

DateTypeBuilt-upPrice
16-Feb-19Condominium1,582 sfRM950,000
16-Feb-19Condominium1,167 sfRM760,000
16-Feb-19Condominium1,582 sfRM1,500,000
16-Feb-19Condominium1,380 sfRM1,380,000
16-Feb-19Condominium1,217 sfRM790,000
16-Feb-19Condominium-NA-RM430,000
16-Feb-19Condominium689 sfRM550,000
14-Feb-19Low-Cost Flat485 sfRM399,000
10-Feb-19Office2,363 sfRM1,100,000
08-Feb-19Condominium1,217 sfRM778,000

Latest Teega for rent listings:

DateTypeBuilt-upRental
TodayLow-Cost Flat553 sfRM1,500
TodayStudio568 sfRM1,200
17-Feb-19Condominium1,538 sfRM3,300
17-Feb-19Low-Cost Flat500 sfRM1,050
17-Feb-19Studio600 sfRM1,500
16-Feb-19Condominium1,350 sfRM3,400
14-Feb-19Shop-Office2,576 sfRM3,000
14-Feb-19Office2,363 sfRM6,500
14-Feb-19Office2,576 sfRM7,200
12-Feb-19Condominium1,380 sfRM3,000