Pacific Place, Ara Damansara

Pacific Place is a leasehold integrated office, residential & retail hub located in Ara Damansara, Petaling Jaya. It comprises Evolve Concept Mall, G Residences, Jazz Residence and The Oak. There are 1,200 condominium units available at this project with built-up from 529 sf to 1,325 sf for condominium units, 5,500 sf for retail units, 5,500 sf for retail units and 5,300 sf for shop-offices. It was developed by JAKS Resources Bhd with a launch price of about RM380 psf for condominium units, and was completed around 2014.

JAKS Resources Bhd is a small-scale property developer listed on Bursa Malaysia, and it has developed about 4 property projects in Malaysia. Other similar projects by the same developer are Evolve Concept Mall, The Oak and USJ Sentral.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
529 sf - 1,325 sf (Condominium)
5,500 sf (Retail)
5,500 sf (Retail)
5,300 sf (Shop-Office)
Market Price
RM300,000 - RM600,000 (Condominium)
RM4,180,000 (Retail)
RM4,180,000 (Retail)
RM3,180,000 (Shop-Office)
Density
1,200 Condominiums
Completed In
2014
Launch Price
RM380 psf (Condominium)

This integrated office, residential & retail hub has many amenities nearby, i.e. metro transport stations, universities, hospitals and schools. The following are some of the main metro transport stations here:

As for universities, there are Innovative International College and Life College.

The current rental yield of Pacific Place is 3.6% for condominium units and 3.49% for offices. The highest rental yield ever recorded was 5.45% in Q1 2014 (condominium) and 3.71% in Q4 2019 (office); while the lowest one was 2.94% in Q4 2015 (condominium) and 2.4% in Q3 2018 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Pacific Place for condominium units is 2-bedroom / 864 sf with a median price of RM500 psf. For price wise, the most expensive one is 1-bedroom / 687 sf with a median price of RM600 psf; while the cheapest one is 3-bedroom / 1,325 sf with a median price of RM420 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at Pacific Place for retail units is 5,500 sf with a median price of RM760 psf. For price wise, the most expensive one is 5,500 sf with a median price of RM760 psf; while the cheapest one is 5,500 sf with a median price of RM760 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at Pacific Place for retail units is 5,500 sf with a median price of RM760 psf. For price wise, the most expensive one is 5,500 sf with a median price of RM760 psf; while the cheapest one is 5,500 sf with a median price of RM760 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at Pacific Place for shop-offices is 5,300 sf with a median price of RM600 psf. For price wise, the most expensive one is 5,300 sf with a median price of RM600 psf; while the cheapest one is 5,300 sf with a median price of RM600 psf.

Latest Pacific Place for sale listings:

DateTypeBuilt-upPrice
15 Dec 2021Condominium529 sfRM250,000
6 Dec 2021Studio708 sfRM330,000
28 Nov 2021Office1,033 sfRM730,000
25 Nov 2021Condominium864 sfRM420,000
23 Nov 2021Condominium864 sfRM429,000
21 Nov 2021SOHO829 sfRM450,000
21 Nov 2021Condominium1,365 sfRM550,000
19 Nov 2021Condominium1,325 sfRM570,000
18 Nov 2021Studio529 sfRM260,000
9 Nov 2021Condominium1,257 sfRM600,000

Latest Pacific Place for rent listings:

DateTypeBuilt-upRental
TodayCondominium687 sfRM1,550
TodayCondominium687 sfRM1,250
TodayMedium Room-NA-RM700
TodayMedium Room-NA-RM750
TodayMedium Room-NA-RM700
TodayMedium Room-NA-RM650
TodayMedium Room-NA-RM700
TodayMaster Room-NA-RM880
TodayMaster Room-NA-RM950
TodayCondominium529 sfRM1,380
1 user comments on Pacific Place
Julianna
19 Aug 2019 @ 11:45 AM

Parking system a little messed up..