UOA Business Park, Glenmarie, Section U1

UOA Business Park (formerly known as Kencana Square) is a freehold mixed office & retail development that is located in Glenmarie, Section U1. There are 164 offices available at this property with built-up from 1,044 sf to 2,292 sf for offices. It was developed by UOA Development Bhd with a launch price at around RM740 psf for offices, and was completed around 2017.

UOA Development Bhd is a huge real estate company listed on KLSE, and it has constructed around 58 real estate projects in Malaysia. Other similar projects by the same developer are Bangsar South, Danau Kota Suite, Desa Green, Prima Setapak, Scenaria, Sentul Point, South View, The Park Residences, The Vertical and United Point.

Property Type
Mixed Office & Retail
Land Tenure
Freehold
Built-up
1,044 sf - 2,292 sf (Office)
Market Price
RM1,000,000 - RM2,800,000 (Office)
Total Units
164 Offices
Completion Date
2017
Launch Price
RM740 psf (Office)

This mixed office & retail development has some amenities nearby, for example schools, transit stations and universities. The following are some main schools here:

The current rental yield of UOA Business Park is 5.41% for offices. The highest rental yield ever recorded was 5.76% in Q2 2022 (office); while the lowest one was 3.55% in Q4 2017 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Office Layouts

The most popular layout and size (built-up) combination at UOA Business Park for offices is 2,088 sf with a median price of RM1,100 psf. For price wise, the most expensive one is 2,292 sf with a median price of RM1,220 psf; while the cheapest one is 1,227 sf with a median price of RM940 psf.

Latest UOA Business Park sale listings:

TarikhJenis HartanahBinaanHarga
15 Jan 2024Retail9,198 sfRM13,000,000
12 Jan 2024Shop-Office120,000 sfRM105,600,000
31 Dec 2023Retail6,958 sfRM10,044,000
21 Dec 2023Shop-Office19,500 sfRM9,999,999
20 Dec 2023Shop-Office2,351 sfRM2,821,200
20 Dec 2023Shop-Office6,958 sfRM10,044,000
13 Dec 2023Office1,227 sfRM1,165,650
6 Dec 2023Retail2,118 sfRM4,236,000
6 Dec 2023Shop-Office9,198 sfRM13,404,000
28 Nov 2023Retail6,969 sfRM10,044,000

Latest UOA Business Park rental listings:

TarikhJenis HartanahBinaanSewaan
18 Jan 2024Office7,102 sfRM35,510
17 Jan 2024Office1,335 sfRM8,300
10 Jan 2024Shop-Office2,000 sfRM6,500
13 Dec 2023Office6,483 sfRM29,200
13 Dec 2023Office6,483 sfRM29,200
12 Dec 2023Office6,325 sfRM34,700
12 Dec 2023Office12,550 sfRM62,750
12 Dec 2023Office1,044 sfRM5,742
12 Dec 2023Office1,258 sfRM7,000
1 Dec 2023Office5,000 sfRM31,850
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