Indah 15, Bukit Indah

Indah 15 is a freehold shop-office development located in Bukit Indah, Johor Bahru. It comprises Indah Walk, Indah Walk 2, Sky Loft, Sky Trees, The Sky and Wisma SP Setia. The built-up available at this project is 947 sf to 5,200 sf for shop-offices. It was developed by SP Setia Bhd.

SP Setia Bhd is a very large-scale property developer listed on Bursa Malaysia, and it has built about 293 property projects in Malaysia. Other similar projects by the same developer are Eramas, Indah 16, Indah Walk, Indah Walk 2, Precinct 3, Precinct 4, Setia Avenue, Setia Taipan, Setia Taipan 2 and Wisma SP Setia.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
947 sf - 5,200 sf (Shop-Office)
Market Price
RM520,000 - RM2,910,000 (Shop-Office)
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

The only amenities nearby this shop-office development are schools. Several of the schools here include Red Woods Montessori Pre School @ Nusa Bestari and Sega Studios High School.

The current market prices for Indah 15 are from RM520,000 to RM2,910,000 (about RM550 psf) for shop-offices; while the monthly rentals are from RM1,800 to RM4,100 (about RM1.91 psf) for shop-offices. The highest median price psf ever recorded was RM633 psf in Q2 2016 (Shop-Office); while the lowest one was RM491 psf in Q2 2014 (Shop-Office).

The current rental yield of Indah 15 is 4.57% for shop-offices. The highest rental yield ever recorded was 6.12% in Q3 2013 (Shop-Office); while the lowest one was 4.41% in Q3 2016 (Shop-Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Shop-Office Layouts

The most popular layout and size combination at Indah 15 for shop-offices is 947 sf with a median price of RM550 psf. For price wise, the most expensive one is 1,894 sf with a median price of RM660 psf; while the cheapest one is 947 sf with a median price of RM550 psf.

Latest Indah 15 for sale listings:

DateTypeBuilt-upPrice
16-Feb-19Condominium751 sfRM600,000
16-Feb-19Condominium833 sfRM488,000
16-Feb-19Condominium-NA-RM750,000
16-Feb-19Condominium1,168 sfRM620,000
16-Feb-19Condominium1,160 sfRM660,000
16-Feb-19Condominium829 sfRM550,000
16-Feb-19Condominium751 sfRM340,000
16-Feb-19Condominium1,168 sfRM599,000
15-Feb-19Condominium1,214 sfRM620,000
15-Feb-19Condominium751 sfRM350,000

Latest Indah 15 for rent listings:

DateTypeBuilt-upRental
17-Feb-19Low-Cost Flat1,168 sfRM1,500
17-Feb-19Condominium1,000 sfRM1,700
16-Feb-19Condominium833 sfRM1,900
15-Feb-19Shop-Office2,000 sfRM5,500
15-Feb-19Office947 sfRM3,200
14-Feb-19Retail1,650 sfRM3,000
14-Feb-19Office1,895 sfRM5,200
12-Feb-19Condominium1,217 sfRM2,500
12-Feb-19Condominium1,168 sfRM2,000
12-Feb-19Condominium1,615 sfRM3,400