Wisma Zelan, Bandar Sri Permaisuri

Wisma Zelan is a leasehold office building located in Bandar Sri Permaisuri, Cheras.The built-up available at this project is 860 sf to 1,474 sf. It was developed by Zelan Bhd. Zelan Bhd is a boutique property developer listed on Bursa Malaysia, and it has built about 2 property projects in Malaysia.

Property Type
Office Building
Land Tenure
Leasehold
Built-up
860 sf - 1,474 sf
Market Price
RM260,000 - RM370,000
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

This office building has some amenities nearby, e.g. schools and hospitals. The following are some schools here:

As for hospitals, there are Universiti Kebangsaan Malaysia Medical Centre and Universiti Kebangsaan Malaysia Medical Centre (Main Lobby).

The current market prices for Wisma Zelan are from RM260,000 to RM370,000 (about RM260 psf); while the monthly rentals are from RM1,200 to RM1,700 (about RM1.32 psf). The highest median price psf ever recorded was RM302 psf in Q3 2018; while the lowest one was RM166 psf in Q3 2011.

The current rental yield of Wisma Zelan is around 9.33%, compared to 6.0% a year ago in Q2 2018. The highest rental yield ever recorded was 9.33% in Q2 2019; while the lowest one was 5.54% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Wisma Zelan is 1,137 sf with a median price of RM260 psf. For price wise, the most expensive one is 952 sf with a median price of RM340 psf; while the cheapest one is 1,474 sf with a median price of RM250 psf.

Latest Wisma Zelan for sale listings:

DateTypeBuilt-upPrice
03-Jun-19Office1,500 sfRM380,000
28-Apr-19Office813 sfRM180,000
28-Apr-19Office952 sfRM210,000
19-Mar-19Office860 sfRM260,000
10-Mar-19Office860 sfRM230,000
23-Feb-19Office955 sfRM320,000
20-Jan-19Office1,463 sfRM360,000
09-Jan-19Office1,474 sfRM310,000
07-Dec-18Office1,137 sfRM290,000
17-Oct-18Office1,474 sfRM360,000

Latest Wisma Zelan for rent listings:

DateTypeBuilt-upRental
04-May-19Shop-Office1,707 sfRM3,500
04-May-19Office957 sfRM1,500
22-Mar-19Office1,500 sfRM2,800
28-Feb-19Office2,150 sfRM1,500
23-Jan-19Shop-Office1,707 sfRM3,500
09-Dec-18Office1,500 sfRM1,500
27-Nov-18Office2,150 sfRM1,500
02-Oct-18Office1,500 sfRM1,500
11-Sep-18Office2,150 sfRM1,500

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