10 Boulevard, Kayu Ara

10 Boulevard (also known as Boulevard 10) is a leasehold shop-office development located in Kayu Ara, Bandar Utama. There are 59 units available at this project with built-up from 1,540 sf to 11,600 sf for offices and 11,000 sf to 11,600 sf for shop-offices. It was developed by Newlake Development Sdn Bhd, and was completed around End 2009. Newlake Development Sdn Bhd is a small-scale property development company held privately, and it has developed only this project in Malaysia.

Property Type
Shop-Office
Land Tenure
Leasehold
Built-up
1,540 sf - 11,600 sf (Office)
11,000 sf - 11,600 sf (Shop-Office)
Market Price
RM660,000 - RM6,030,000 (Office)
RM6,030,000 - RM6,050,000 (Shop-Office)
Density
59 Units
Completed In
End 2009
Launch Price
-NA-

This shop-office development has some amenities nearby, i.e. schools and universities. The following are some of the main schools here:

As for universities, there are First City University College, Kolej Malaysia Lincoln University (Website) and Wawasan Open University (WOU) Bandar Utama.

The current rental yield of 10 Boulevard is 7.01% for offices and 12.82% for shop-offices. The highest rental yield ever recorded was 7.62% in Q1 2012 (office) and 12.82% in Q4 2021 (shop-office); while the lowest one was 4.32% in Q1 2020 (office) and 4.24% in Q3 2019 (shop-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 10 Boulevard for offices is 1,540 sf with a median price of RM430 psf. For price wise, the most expensive one is 11,600 sf with a median price of RM520 psf; while the cheapest one is 1,540 sf with a median price of RM430 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at 10 Boulevard for shop-offices is 11,600 sf with a median price of RM520 psf. For price wise, the most expensive one is 11,000 sf with a median price of RM550 psf; while the cheapest one is 11,600 sf with a median price of RM520 psf.

Latest 10 Boulevard for sale listings:

DateTypeBuilt-upPrice
23 Nov 2021Office1,540 sfRM668,000
8 Nov 2021Office1,539 sfRM630,000
20 Oct 2021Office1,378 sfRM599,000
20 Oct 2021Office1,546 sfRM589,000
18 Oct 2021Shop-Office1,546 sfRM589,000
18 Oct 2021Office1,546 sfRM585,000
18 Oct 2021Shop-Office1,378 sfRM599,000
18 Oct 2021Shop-Office1,546 sfRM585,000
12 Oct 2021Office1,546 sfRM735,000
12 Oct 2021Office1,550 sfRM695,000

Latest 10 Boulevard for rent listings:

DateTypeBuilt-upRental
TodayHouse Room-NA-RM800
TodayOffice-NA-RM300
TodayHouse Room-NA-RM800
TodayHouse Room-NA-RM600
TodayHouse Room-NA-RM600
TodaySingle Room-NA-RM400
TodayHouse Room-NA-RM600
TodayHouse Room-NA-RM600
TodaySingle Room-NA-RM400
8 Jan 2022House Room-NA-RM760
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