Pangsapuri Teratai, Taman Sutera, Sungai Balak

Pangsapuri Teratai (also known as Teratai Apartment) is a freehold low-cost flat located in Taman Sutera, Sungai Balak. There are 540 units available at this project with built-up from 771 sf to 850 sf. It was developed by Metacorp Bhd (aka MTD) with a launch price at about RM80 psf, and was completed in around 2010.

Metacorp Bhd (aka MTD) is a medium-scale property developer listed on Bursa Malaysia, and it has built about 5 property projects in Malaysia. Other similar projects by the same developer are Pangsapuri Mawar and Pangsapuri Melor.

Property Type
Low-Cost Flat
Land Tenure
771 sf - 850 sf
Market Price
RM230,000 - RM250,000
540 Units
Completed In
Launch Price
About RM80 psf

The only amenities nearby this low-cost flat are schools. Several of the schools here include SA Kampung Sungai Balak and SRA Sungai Balak.

The current market prices for Pangsapuri Teratai are from RM230,000 to RM250,000 (about RM290 psf); while the monthly rentals are from RM700 to RM800 (about RM0.94 psf). The highest median price psf ever recorded was RM303 psf in Q1 2018; while the lowest one was RM80 psf in Q1 2008.

The current rental yield of Pangsapuri Teratai is around 4.5%, compared to 4.43% a year ago in Q4 2017. The highest rental yield ever recorded was 4.85% in Q2 2016; while the lowest one was 3.75% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Pangsapuri Teratai is 3-bedroom / 850 sf with a median price of RM290 psf. For price wise, the most expensive one is 3-bedroom / 771 sf with a median price of RM300 psf; while the cheapest one is 3-bedroom / 850 sf with a median price of RM290 psf.

Latest Pangsapuri Teratai for sale listings:

YesterdayLow-Cost Flat850 sfRM250,000
03-Nov-19Low-Cost Flat771 sfRM230,000
02-Nov-19Low-Cost Flat850 sfRM220,000
01-Nov-19Low-Cost Flat771 sfRM230,000
01-Nov-19Low-Cost Flat771 sfRM230,000
01-Nov-19Low-Cost Flat850 sfRM229,000
26-Oct-19Low-Cost Flat771 sfRM230,000
26-Oct-19Low-Cost Flat771 sfRM190,000
26-Oct-19Low-Cost Flat775 sfRM190,000
25-Oct-19Low-Cost Flat771 sfRM230,000

Latest Pangsapuri Teratai for rent listings:

17-Sep-19Low-Cost Flat850 sfRM800
16-Sep-19Low-Cost Flat771 sfRM850
25-Jul-19Room In Apartment-NA-RM300
20-Mar-19Low-Cost Flat800 sfRM800
19-Mar-19Low-Cost Flat850 sfRM860
23-Feb-19Low-Cost Flat850 sfRM750
22-Jan-19Low-Cost Flat850 sfRM700

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