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 and 946 sf to 1,822 sf for 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 292 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.
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 RM4,890,000 (about RM550 psf) for shop-offices and RM600,000 to RM950,000 (about RM630 psf) for offices; while the monthly rentals are from RM1,800 to RM4,100 (about RM1.91 psf) for shop-offices and RM2,200 to RM5,500 (about RM2.32 psf) for offices. The highest median price psf ever recorded was RM633 psf in Q2 2016 (Shop-Office), RM644 psf in Q3 2018 (Office) and RM534 psf in Q3 2018 (Retail); while the lowest one was RM491 psf in Q2 2014 (Shop-Office), RM369 psf in Q4 2012 (Office) and RM416 psf in Q1 2014 (Retail).
The current rental yield of Indah 15 is 4.57% for shop-offices and 4.36% for offices. The highest rental yield ever recorded was 6.12% in Q3 2013 (Shop-Office) and 6.0% in Q3 2013 (Office); while the lowest one was 4.41% in Q3 2016 (Shop-Office) and 4.36% in Q4 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:
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 5,200 sf with a median price of RM940 psf; while the cheapest one is 947 sf with a median price of RM550 psf.
Meanwhile, the most popular layout and size combination at Indah 15 for offices is 947 sf with a median price of RM630 psf. For price wise, the most expensive one is 947 sf with a median price of RM630 psf; while the cheapest one is 1,278 sf with a median price of RM500 psf.
Latest Indah 15 for sale listings:
Latest Indah 15 for rent listings: