Axis Atrium, Axis Pandan

Axis Atrium (also known as Fiesta Mall) is a leasehold shopping mall located in Axis Pandan, Taman Cempaka.The built-up available at this project is 488 sf to 4,495 sf. It was developed by RK Group, and was completed about 2009.

RK Group is a mid-sized real estate group, and it has undertaken around 5 real estate projects in Malaysia. Other similar projects by the same developer are Axis Crown, Axis Pandan, Axis Residence and Axis SOHU.

Property Type
Shopping Mall
Land Tenure
Leasehold
Built-up
488 sf - 4,495 sf
Market Price
RM440,000 - RM4,300,000
Density
-NA-
Completed In
2009
Developer
Launch Price
-NA-

This shopping mall has many amenities nearby, such as schools, hospitals and metro transport stations. The following are some of the major schools here:

As for hospitals, there are Joe Medical Center and Joe Medical Centre. There are also some metro transport stations here, e.g. LRT Cempaka and LRT Pandan Indah.

The current market prices for Axis Atrium are from RM440,000 to RM4,300,000 (about RM1,640 psf); while the monthly rentals are from RM1,200 to RM5,000 (about RM3.18 psf). The highest median price psf ever recorded was RM1,946 psf in Q4 2013; while the lowest one was RM105 psf in Q2 2019.

The current rental yield of Axis Atrium is around 4.44%, compared to 5.17% 5 years ago in Q2 2013. The highest rental yield ever recorded was 6.0% in Q1 2016; while the lowest one was 4.44% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Axis Atrium is 488 sf with a median price of RM1,640 psf. For price wise, the most expensive one is 488 sf with a median price of RM1,640 psf; while the cheapest one is 4,495 sf with a median price of RM100 psf.

Latest Axis Atrium for sale listings:

DateTypeBuilt-upPrice
10-Aug-19Retail488 sfRM172,350
07-Aug-19Retail488 sfRM262,400
07-Jul-19Retail488 sfRM191,500
28-Jun-19Office488 sfRM191,500
30-Jun-19Retail488 sfRM191,500
27-Jun-19Retail4,023 sfRM423,900
27-Jun-19Retail4,495 sfRM471,000
22-Jun-19Retail4,495 sfRM471,000
22-Jun-19Retail4,023 sfRM423,900
12-Jun-19Retail488 sfRM212,700

Latest Axis Atrium for rent listings:

DateTypeBuilt-upRental
05-May-19Retail700 sfRM5,000
15-Feb-19Retail500 sfRM1,000
23-Jan-19Retail700 sfRM5,000
29-Nov-18Retail500 sfRM1,000

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