Merchant Square, Hijayu

Merchant Square (also known as Sendayan Merchant Square) is a freehold shop-office development located in Hijayu, Bandar Sri Sendayan. There are 123 units available at this project with built-up from 1,650 sf to 5,335 sf for shop-offices. It was developed by Matrix Concepts Holdings Bhd with a launch price of about RM320 psf, and was completed around Feb 2018.

Matrix Concepts Holdings Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 45 property projects in Malaysia. Other similar projects by the same developer are Common Ground, Metropark, Nusari Biz, Suriaman Biz and Tiara Biz.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
1,650 sf - 5,335 sf (Shop-Office)
Market Price
RM970,000 - RM1,970,000 (Shop-Office)
Density
123 Units
Completed In
Feb 2018
Launch Price
About RM320 psf

This shop-office development is not very ideal for own stay or investment, as it has no amenities around.

The current rental yield of Merchant Square is 4.18% for shop-offices. The highest rental yield ever recorded was 4.92% in Q1 2020 (shop-office); while the lowest one was 4.18% in Q3 2021 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at Merchant Square for shop-offices is 5,335 sf with a median price of RM370 psf. For price wise, the most expensive one is 1,650 sf with a median price of RM590 psf; while the cheapest one is 3,300 sf with a median price of RM360 psf.

Latest Merchant Square for sale listings:

DateTypeBuilt-upPrice
30 Oct 2021Shop-Office4,097 sfRM1,300,000
27 Aug 2021Shop-Office5,335 sfRM1,950,000
8 Jun 2021Shop-Office1,650 sfRM845,000
21 May 2021Shop-Office5,335 sfRM1,950,000
6 Apr 2021Shop-Office4,097 sfRM1,300,000
2 Mar 2021Shop-Office1,650 sfRM845,000
31 Jan 2021Shop-Office3,600 sfRM1,000,000
29 Jan 2021Retail3,300 sfRM980,000
28 Jan 2021Retail3,300 sfRM850,000
8 Jan 2021Retail4,096 sfRM1,180,000

Latest Merchant Square for rent listings:

DateTypeBuilt-upRental
4 Oct 2021Retail5,000 sfRM5,000
27 Aug 2021Shop-Office5,335 sfRM6,000
20 Aug 2021Retail1,650 sfRM2,200
18 Jul 2021Shop-Office2,000 sfRM2,800
28 Jun 2021Shop-Office1,650 sfRM1,000
21 Jun 2021Shop-Office1,300 sfRM1,000
3 Jun 2021Retail2,925 sfRM6,000
10 May 2021Shop-Office1,600 sfRM1,800
4 May 2021Shop-Office5,335 sfRM6,000
26 Apr 2021Retail1,650 sfRM2,200
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