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 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 (Shop-Office)
Market Price
RM410,000 - RM630,000 (Apartment)
RM4,290,000 (Retail)
RM3,660,000 (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 4.3% 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 RM550 psf. For price wise, the most expensive one is 3-bedroom / 933 sf with a median price of RM660 psf; while the cheapest one is 3-bedroom / 1,325 sf with a median price of RM470 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 RM690 psf. For price wise, the most expensive one is 5,300 sf with a median price of RM690 psf; while the cheapest one is 5,300 sf with a median price of RM690 psf.

Latest Pacific Place for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,257 sfRM628,500
TodayCondominium687 sfRM478,000
TodayCondominium687 sfRM470,000
TodayCondominium906 sfRM560,000
TodayOffice1,051 sfRM550,000
17-Feb-20Condominium864 sfRM520,000
17-Feb-20Condominium1,325 sfRM580,000
16-Feb-20Shop-Office1,684 sfRM1,174,500
14-Feb-20Condominium864 sfRM440,000
13-Feb-20Condominium864 sfRM488,000

Latest Pacific Place for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM750
TodayRoom In Apartment-NA-RM650
TodayRoom In Apartment-NA-RM700
TodayRoom In Apartment-NA-RM1,000
TodayRoom In Apartment-NA-RM750
TodayOffice2,054 sfRM4,500
TodayRoom In Apartment-NA-RM1,000
TodayRoom In Apartment-NA-RM700
TodayRoom In Apartment-NA-RM700
TodayCondominium864 sfRM1,500
1 user comments on Pacific Place
Julianna
19 Aug 2019 @ 11:45 AM

Parking system a little messed up..