Section 16, Petaling Jaya
Section 16 (also known as Seksyen 16) is a leasehold mixed housing estate located in Petaling Jaya, Selangor. It consists of Latitud 3, Li Villas, Millennium Court, Pearl Villas, Phileo Damansara, Phileo Damansara 2 and Prima 16. The built-up available at this project is 3,000 sf to 8,000 sf for houses, 2,500 sf for offices and 1,344 sf to 1,995 sf for shop-offices. Other neighbouring projects nearby here are East Residence, Pearl Villas, Section 11, Section 12 and Section 17.
This mixed housing estate has many amenities nearby, such as universities, hospitals, schools and transit stations. The following are some of the major universities here:
- Isles International University
- Khadijah College
- Mahsa Avenue International College
- Penang International Dental College
- Reng College Of Technology & Design
- Reng College PJ Campus
- Residential College Tun Syed Zahiruddin
- The University Of Strathclyde Business School
- Umar Khattab College
- Zainab College
As for hospitals, there are Columbia Asia Hospital, Regen Rehab Hospital and Regen Rehabilitation International Hospital.
The current rental yield of Section 16 is 3.69% for houses. The highest rental yield ever recorded was 7.0% in Q4 2012 (house); while the lowest one was 3.41% in Q2 2019 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Section 16 for houses is 5-bedroom / 5,000 sf with a median price of RM640 psf. For price wise, the most expensive one is 4-bedroom / 3,000 sf with a median price of RM1,060 psf; while the cheapest one is 5-bedroom / 6,000 sf with a median price of RM530 psf.
Meanwhile, the most popular layout and size (built-up) combination at Section 16 for offices is 2,500 sf with a median rental of RM1.88 psf. For rental wise, the most expensive one is 2,500 sf with a median rental of RM1.88 psf; while the cheapest one is 2,500 sf with a median rental of RM1.88 psf.
Lastly, the most popular layout and size (built-up) combination at Section 16 for shop-offices is 1,570 sf with a median rental of RM2.99 psf. For rental wise, the most expensive one is 1,344 sf with a median rental of RM3.35 psf; while the cheapest one is 1,786 sf with a median rental of RM2.24 psf.
Latest Section 16 for sale listings:
|2 Sep 2022||Condominium||1,382 sf||RM725,000|
|2 Sep 2022||Condominium||1,975 sf||RM1,100,000|
|29 Aug 2022||Bungalow||-NA-||RM3,600,000|
|20 Aug 2022||Condominium||1,444 sf||RM848,000|
|29 Jun 2022||Shop-Office||1,913 sf||RM1,500,000|
|30 Jun 2022||Bungalow||-NA-||RM3,400,000|
|22 Jun 2022||Bungalow||-NA-||RM3,600,000|
|23 Jun 2022||Bungalow||4,866 sf||RM3,400,000|
|25 Apr 2022||Condominium||657 sf||RM450,000|
|20 Apr 2022||Studio||657 sf||RM450,000|
Latest Section 16 for rent listings:
|10 Sep 2022||Shop-Office||1,570 sf||RM4,800|
|8 Sep 2022||Office||2,500 sf||RM4,800|
|2 Sep 2022||Condominium||1,975 sf||RM3,000|
|15 Aug 2022||Retail||1,570 sf||RM4,500|
|16 Apr 2022||Office||2,500 sf||RM4,100|
|8 Apr 2022||Office||2,500 sf||RM4,700|
|21 Jan 2022||Condominium||1,300 sf||RM2,800|
|28 Dec 2021||Condominium||1,384 sf||RM2,100|
|16 Dec 2021||Condominium||1,700 sf||RM2,700|
|16 Dec 2021||Office||1,811 sf||RM2,000|