3 Avenue, Bandar Bukit Raja

3 Avenue (also known as 3rd Avenue) is a freehold shop-office development located in Bandar Bukit Raja, Klang. There are 30 units available at this project with built-up from 2,625 sf to 5,250 sf for shop-offices. It was developed by Rivertree Millennium Sdn Bhd with a launch price at around RM500 psf, and was completed in about 2018.

Rivertree Millennium Sdn Bhd is a small real estate organization held privately, and it has constructed around 3 real estate projects in Malaysia. Other similar projects by the same developer are RiverTree and Rivertree Avenue.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
2,625 sf - 5,250 sf (Shop-Office)
Market Price
RM3,310,000 (Shop-Office)
Density
30 Units
Completed In
2018
Launch Price
About RM500 psf

This shop-office development has many amenities nearby, for example schools, hospitals and universities. The following are some main schools here:

As for hospitals, there are Columbia Asia Hospital Klang, Columbia Hospital Klang and Hospital Colombia.

The current market prices for 3 Avenue are from RM3,310,000 (about RM630 psf) for shop-offices; while the monthly rentals are not known at this time. The highest median price psf ever recorded was RM673 psf in Q1 2019 (Shop-Office); while the lowest one was RM628 psf in Q2 2019 (Shop-Office).

The most common unit layouts and sizes available here are as follows:

Shop-Office Layouts

Lastly, the most popular layout and size combination at 3 Avenue for shop-offices is 5,250 sf with a median price of RM630 psf. For price wise, the most expensive one is 2,625 sf with a median price of RM1,260 psf; while the cheapest one is 5,250 sf with a median price of RM630 psf.

Latest 3 Avenue for sale listings:

DateTypeBuilt-upPrice
20-Aug-19Retail3,600 sfRM1,650,000
19-Jul-19Shop-Office5,250 sfRM3,388,800
28-Jun-19Shop-Office3,589 sfRM1,700,000
28-Jun-19Shop-Office-NA-RM2,200,000
27-Jun-19Shop-Office5,250 sfRM3,300,000
27-Jun-19Retail5,250 sfRM3,300,000
27-Jun-19Shop-Office4,901 sfRM3,300,000
28-Apr-19Shop-Office5,250 sfRM3,300,000
19-Mar-19Shop-Office5,250 sfRM3,388,800
06-Mar-19Shop-Office4,901 sfRM3,300,000

Latest 3 Avenue for rent listings:

DateTypeBuilt-upRental
04-Aug-19Office1,500 sfRM4,500
04-Aug-19Office5,000 sfRM1,700
03-Aug-19Shop-Office2,125 sfRM7,500
10-Jun-19Shop-Office3,589 sfRM5,500
05-May-19Shop-Office2,625 sfRM7,500
05-May-19Shop-Office2,625 sfRM7,500
05-May-19Shop-Office2,625 sfRM2,000
18-Apr-19Office1,500 sfRM5,000
22-Mar-19Commercial4,828 sfRM11,000
22-Mar-19Office1,500 sfRM5,000

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