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.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
947 sf - 5,200 sf (Shop-Office)
946 sf - 1,822 sf (Office)
Market Price
RM520,000 - RM4,890,000 (Shop-Office)
RM600,000 - RM950,000 (Office)
Density
-NA-
Completed In
-NA-
Developer
SP Setia Bhd
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 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:

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 5,200 sf with a median price of RM940 psf; while the cheapest one is 947 sf with a median price of RM550 psf.

Office Layouts

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:

DateTypeBuilt-upPrice
12-Dec-18Condominium751 sfRM350,000
12-Dec-18Condominium-NA-RM578,000
12-Dec-18Condominium1,516 sfRM700,000
12-Dec-18Condominium751 sfRM390,000
12-Dec-18Condominium1,516 sfRM800,000
12-Dec-18Condominium1,168 sfRM720,000
12-Dec-18Condominium1,168 sfRM630,000
11-Dec-18Condominium826 sfRM418,000
11-Dec-18Condominium1,168 sfRM615,000
11-Dec-18Condominium1,615 sfRM800,000

Latest Indah 15 for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium1,214 sfRM2,100
11-Dec-18Condominium751 sfRM1,500
11-Dec-18Studio751 sfRM1,500
11-Dec-18Condominium833 sfRM1,700
09-Dec-18Condominium1,080 sfRM2,000
09-Dec-18Condominium833 sfRM1,900
09-Dec-18Condominium751 sfRM2,000
08-Dec-18Condominium1,214 sfRM2,500
08-Dec-18Condominium1,080 sfRM2,600
08-Dec-18Condominium1,516 sfRM2,100