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 2,346 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, Publika, Residensi 22, Serene Heights, Solaris Dutamas, Symphony Hills, Taman Nusa Idaman and Verdi.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
485 sf - 1,582 sf (Apartment)
2,346 sf - 2,576 sf (Office)
Market Price
RM390,000 - RM1,080,000 (Apartment)
RM1,100,000 - RM1,550,000 (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 RM1,080,000 (about RM710 psf) for apartment units and RM1,100,000 to RM1,550,000 (about RM470 psf) for offices; while the monthly rentals are from RM1,700 to RM3,500 (about RM2.47 psf) for apartment units and RM3,500 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 RM711 psf in Q4 2018 (Apartment) and RM465 psf in Q4 2018 (Office).

The current rental yield of Teega is 3.69% for apartment units and 3.82% for offices. The highest rental yield ever recorded was 4.8% in Q1 2018 (Apartment) and 4.58% in Q4 2018 (Office); while the lowest one was 3.64% in Q1 2019 (Apartment) and 3.82% in Q2 2019 (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 1-bedroom / 689 sf with a median price of RM710 psf. For price wise, the most expensive one is Studio / 553 sf with a median price of RM810 psf; while the cheapest one is 2-bedroom / 1,167 sf with a median price of RM640 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 RM600 psf; while the cheapest one is 2,346 sf with a median price of RM470 psf.

Latest Teega for sale listings:

DateTypeBuilt-upPrice
24-Jun-19Studio485 sfRM400,000
23-Jun-19Condominium485 sfRM390,000
23-Jun-19Condominium1,217 sfRM798,000
22-Jun-19Condominium1,682 sfRM1,350,000
22-Jun-19Condominium1,167 sfRM680,000
22-Jun-19Condominium1,167 sfRM720,000
22-Jun-19Condominium1,998 sfRM1,875,000
22-Jun-19Condominium1,320 sfRM1,000,000
22-Jun-19Condominium1,320 sfRM1,000,000
22-Jun-19Condominium1,167 sfRM720,000

Latest Teega for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium1,582 sfRM2,500
YesterdayCondominium1,380 sfRM2,500
15-Jun-19Low-Cost Flat1,320 sfRM3,000
15-Jun-19Condominium650 sfRM1,300
14-Jun-19Low-Cost Flat687 sfRM1,300
14-Jun-19Low-Cost Flat436 sfRM1,200
14-Jun-19Low-Cost Flat1,320 sfRM2,500
14-Jun-19Low-Cost Flat1,200 sfRM3,000
14-Jun-19Low-Cost Flat1,582 sfRM3,000
14-Jun-19Condominium511 sfRM1,400

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