The Oak, Pacific Place
The Oak (also known as The Oak Student Suites) is a leasehold condominium located in Pacific Place, Ara Damansara. The built-up available at this project is 933 sf to 955 sf. It was developed by JAKS Resources Bhd, and was completed in about 2016.
JAKS Resources Bhd is a small real estate company listed on KLSE, and it has constructed around 4 real estate projects in Malaysia. Other similar projects by the same developer are Evolve Concept Mall, Pacific Place and USJ Sentral.
This condominium has many amenities nearby, for example universities, transit stations, hospitals and schools. The following are some main universities here:
- Innovative International College
- Life College
- Sri College
As for transit stations, there are LRT Ara Damansara and LRT Lembah Subang.
The current rental yield of The Oak is around 4.21%, compared to 3.94% 2 years ago in Q4 2018. The highest rental yield ever recorded was 4.72% in Q3 2018; while the lowest one was 3.04% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at The Oak is 3-bedroom / 933 sf with a median price of RM610 psf. For price wise, the most expensive one is 3-bedroom / 955 sf with a median price of RM610 psf; while the cheapest one is 3-bedroom / 933 sf with a median price of RM610 psf.
Latest The Oak rental listings: