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
Freehold
Built-up
771 sf - 850 sf
Market Price
RM190,000 - RM200,000
Density
540 Units
Completed In
2010
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 RM190,000 to RM200,000 (about RM240 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 RM240 psf. For price wise, the most expensive one is 3-bedroom / 771 sf with a median price of RM250 psf; while the cheapest one is 3-bedroom / 850 sf with a median price of RM240 psf.

Latest Pangsapuri Teratai for sale listings:

DateTypeBuilt-upPrice
YesterdayLow-Cost Flat850 sfRM260,000
20-Jul-19Condominium775 sfRM200,000
19-Jul-19Low-Cost Flat717 sfRM190,000
18-Jul-19Low-Cost Flat850 sfRM185,000
17-Jul-19Low-Cost Flat717 sfRM210,000
21-May-19Low-Cost Flat850 sfRM270,000
21-May-19Low-Cost Flat717 sfRM210,000
16-May-19Low-Cost Flat771 sfRM190,000
13-May-19Low-Cost Flat771 sfRM195,000
10-May-19Low-Cost Flat771 sfRM215,000

Latest Pangsapuri Teratai for rent listings:

DateTypeBuilt-upRental
20-Mar-19Low-Cost Flat800 sfRM800
19-Mar-19Low-Cost Flat850 sfRM860
23-Feb-19Low-Cost Flat850 sfRM750
22-Jan-19Low-Cost Flat850 sfRM700
07-Jan-19Apartment771 sfRM880
06-Jan-19Low-Cost Flat850 sfRM700
27-Dec-18Low-Cost Flat850 sfRM879
10-Dec-18Room In Apartment-NA-RM280
24-Nov-18Room In Apartment-NA-RM300
17-Nov-18Low-Cost Flat850 sfRM800

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