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 apartment units available at this project with built-up from 708 sf to 1,325 sf for apartment units, 5,500 sf for retail units and 5,300 sf to 6,692 sf for shop-offices. It was developed by JAKS Resources Bhd with a launch price of about RM380 psf for apartment 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
708 sf - 1,325 sf (Apartment)
5,500 sf (Retail)
5,300 sf - 6,692 sf (Shop-Office)
Market Price
RM410,000 - RM620,000 (Apartment)
RM4,290,000 (Retail)
RM3,290,000 - RM4,620,000 (Shop-Office)
Density
1,200 Apartments
Completed In
2014
Launch Price
RM380 psf (Apartment)

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 4.71% for apartment units. The highest rental yield ever recorded was 4.76% in Q4 2018 (Apartment); while the lowest one was 2.94% in Q4 2015 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Pacific Place for apartment units is 2-bedroom / 864 sf with a median price of RM530 psf. For price wise, the most expensive one is 3-bedroom / 933 sf with a median price of RM640 psf; while the cheapest one is 3-bedroom / 1,325 sf with a median price of RM450 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at Pacific Place for retail units is 5,500 sf with a median price of RM780 psf. For price wise, the most expensive one is 5,500 sf with a median price of RM780 psf; while the cheapest one is 5,500 sf with a median price of RM780 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Pacific Place for shop-offices is 5,300 sf with a median price of RM620 psf. For price wise, the most expensive one is 5,500 sf with a median price of RM820 psf; while the cheapest one is 5,300 sf with a median price of RM620 psf.

Latest Pacific Place for sale listings:

DateTypeBuilt-upPrice
TodayCondominium864 sfRM488,000
TodayCondominium687 sfRM470,000
26 Oct 2020Condominium1,325 sfRM728,000
25 Oct 2020Condominium1,325 sfRM680,000
25 Oct 2020Condominium1,325 sfRM699,000
15 Oct 2020Office1,051 sfRM550,000
12 Oct 2020Condominium1,257 sfRM628,500
12 Oct 2020Condominium933 sfRM445,500
22 Oct 2020Condominium1,365 sfRM599,000
22 Oct 2020Condominium864 sfRM439,000

Latest Pacific Place for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM700
TodayRoom In Apartment-NA-RM850
TodayRoom-NA-RM680
TodayRoom In Apartment-NA-RM850
TodayCondominium933 sfRM2,000
TodayRoom In Apartment-NA-RM650
TodayRoom-NA-RM690
TodayCondominium708 sfRM1,300
TodayRoom In Apartment-NA-RM600
TodayRoom In Apartment-NA-RM650
1 user comments on Pacific Place
Julianna
19 Aug 2019 @ 11:45 AM

Parking system a little messed up..