A bungalow in Damansara Heights was the most expensive home sold in the country last year

A bungalow in Damansara Heights was the most expensive home sold in the country last year.

The property was sold for RM16 million, this is according to iProperty.com.my.

The property portal revealed the 10 most expensive homes sold in Malaysia for 2019, based on the review period between January 2019 to December 2019 and transaction data sourced from the Valuation and Property Services Department (JPPH).

iProperty stated the median per square ft (PSF) for bungalows at Damansara Heights is RM702, based on the latest figures obtained from brickz.my.

Damansara Heights is one of the most affluent neighbourhood in the country’s capital with its sprawling bungalows, villas and other luxury residences. Its immediate affluent neighbours are Bukit Kiara, Sri Hartamas, and Bukit Tunku.

Other than upper-class Malaysians, there are many expatriates living in Damansara Heights. This panoramic township is positioned high up on the hills in the midst of a quiet surrounding, just minutes away from the city centre. It is considered a very prime location and easily accessible from the city centre and Petaling Jaya.

The second most expensive property sold last year was a bungalow in Kenny Hills, Kuala Lumpur, which fetched RM12 million.

Kenny Hills in Bukit Tunku made it to the top two of the list of the most expensive homes in Malaysia for two years in a row. The neighbourhood comprising huge mansions and custom-built houses and is home to many wealthy residents, who are well known corporate figures, expatriates and foreign ambassadors.

The median PSF for bungalows at Bukit Tunku is RM677.

The third most expensive property sold is a serviced residence at St Regis in KL Sentral in Brickfields for RM9.5 million.