Kelana Jaya, Petaling Jaya
Kelana Jaya is a town that is located in Petaling Jaya, Selangor. It is a well-established suburb located in Petaling Jaya that boasts of a vibrant community made up predominantly of Malays. However, despite its vibrant standing and strategic location, Kelana Jaya is plagued with a perennial traffic headache, particular during peak periods, causing significant hassle for commuters and residents alike. Nevertheless, this has not deterred real estate growth, and the area has steadily witnessed improved property values over the years, presenting appealing yields for investors who want to tap into the region's real estate market.
The built-up available in this town is 700 sf to 10,269 sf for houses. Other neighbouring towns nearby are Ara Damansara, Bandar Utama, Damansara Jaya, Glenmarie, SS2, SS6, SS7, Saujana, Sungai Way and Tropicana.
This town has some amenities nearby, i.e. transit stations, universities, hospitals and schools. The following are some main transit stations here:
- BRT Mentari
- BRT/Komuter Setia Jaya
- Komuter Seri Setia
- Komuter/LRT Subang Jaya
- LRT Ara Damansara
- LRT Glenmarie
- LRT Kelana Jaya
- LRT Lembah Subang
- LRT Ss15
- LRT Taman Bahagia
- LRT Taman Paramount
As for universities, there are Innovative International College, Lincoln University College, Open University Malaysia, Sri College and Vision College. There are also some hospitals here, for example Acc Evesuite Medical Centre, Deacon Medical, Hospital University Malaya and KMI Kelana Jaya Medical Centre.
The current rental yield of Kelana Jaya is 2.2% for houses. The highest rental yield ever recorded was 3.33% in Q4 2015 (house); while the lowest one was 1.93% in Q4 2018 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Kelana Jaya for houses is 5-bedroom / 3,000 sf with a median price of RM730 psf. For price wise, the most expensive one is 10-bedroom / 8,000 sf with a median price of RM1,000 psf; while the cheapest one is 9-bedroom / 9,848 sf with a median price of RM310 psf.
Latest Kelana Jaya sale listings:
|22 May 2023||Retail||1,289 sf||RM1,350,000|
|20 May 2023||Terrace||2,963 sf||RM1,093,500|
|18 May 2023||Condominium||1,023 sf||RM495,000|
|11 May 2023||Office||603 sf||RM198,000|
|2 May 2023||Terrace||2,963 sf||RM1,093,500|
|26 Apr 2023||Penthouse||3,922 sf||RM1,200,000|
Latest Kelana Jaya rental listings:
Management very responsive to residents' feedback. Public transport includes the PJ03 (one of the PJ free bus) and a shuttle bus to the Kelana Jaya LRT station. Very convenient place with basic amenities like bank, food, grocery and so on within walking distance.
Populated with lots of foreigners working in the nearby malls. Very attractive for student rental as it is the only condo that offers room rentals at a much lower rate compared to nearby condos
Corridor is air-conditioned. Good experience staying here with good view. Can go to Paradigm Mall thru the bridge link and security is very good here. U can see that they take security very well here. Bad side is, tenant usually leave rubbish by the door, makes corridor smelly.
Elevators always broke down. Have to bring all rubbish down to G floor for throwing it away.
I encounter many defects here from lifts broken down, ceiling leaks and cracks reappear even after repair. Building is less than 1 year old but so many defects....