Teega Residence, Teega
Teega Residence is a freehold apartment located in Teega, Puteri Harbour. There are 736 units available at this project with built-up from 689 sf to 1,582 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price of around RM900 psf, and was completed about 2016.
UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has undertaken around 61 real estate projects in Malaysia. Other similar projects by the same developer are 10 Mont Kiara, 11 Mont Kiara, 28 Mont Kiara, Kiara Designer Suites, Mont Kiara Bayu, Mont Kiara Meridin, Mont Kiara Pines, Residensi 22, Teega Suites and Verdi.
This apartment is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for Teega Residence are from RM520,000 to RM1,200,000 (about RM760 psf); while the monthly rentals are from RM2,500 to RM3,500 (about RM2.21 psf). The highest median price psf ever recorded was RM900 psf in Q1 2014; while the lowest one was RM651 psf in Q4 2018.
The current rental yield of Teega Residence is around 3.3%, compared to 2.4% a year ago in Q3 2018. The highest rental yield ever recorded was 4.14% in Q1 2019; while the lowest one was 2.4% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Teega Residence is 3-bedroom / 1,582 sf with a median price of RM760 psf. For price wise, the most expensive one is 3-bedroom / 1,380 sf with a median price of RM820 psf; while the cheapest one is 2-bedroom / 1,167 sf with a median price of RM630 psf.
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