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
RM320,000 - RM580,000 (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. universities, transit stations, hospitals and schools. The following are some of the main universities here:

As for transit stations, there are LRT Ara Damansara and LRT Lembah Subang.

The current rental yield of Pacific Place is 4.6% 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 RM630 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
19 May 2022Condominium529 sfRM300,000
19 May 2022Condominium933 sfRM430,000
25 Mar 2022Condominium1,184 sfRM550,000
21 Mar 2022Condominium933 sfRM430,000
17 Mar 2022Apartment933 sfRM404,000
16 Mar 2022Condominium933 sfRM404,000
14 Mar 2022Shop-Office1,684 sfRM1,004,200
26 Jan 2022Condominium864 sfRM470,000
25 Jan 2022Condominium1,042 sfRM480,000
4 Jan 2022Condominium864 sfRM430,000

Latest Pacific Place for rent listings:

DateTypeBuilt-upRental
TodaySingle Room-NA-RM680
14 Sep 2022Apartment Room-NA-RM950
12 Sep 2022Medium Room-NA-RM680
31 Aug 2022Medium Room-NA-RM680
31 Aug 2022Medium Room-NA-RM680
12 Aug 2022Master Room-NA-RM950
10 Aug 2022Medium Room-NA-RM700
4 Aug 2022Apartment Room-NA-RM800
18 Jul 2022Medium Room-NA-RM700
18 Jul 2022Master Room-NA-RM950
1 user comments on Pacific Place
Julianna
19 Aug 2019 @ 11:45 AM

Parking system a little messed up..