Section 16, Petaling Jaya
Section 16 (also known as Seksyen 16) is a leasehold mixed housing estate that is located in Petaling Jaya, Selangor. It consists of Latitud 3, Li Villas, Menara Star, Millennium Court, Pearl Villas, Phileo Damansara, Phileo Damansara 2 and Prima 16.
The built-up available in this housing estate is 3,500 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 developments nearby here are East Residence, Pearl Villas, Section 11, Section 12 and Section 17.
This mixed housing estate has some amenities nearby, such as universities, hospitals, schools and transit stations. The following are some of the major universities here:
- Isles International University
- Khadijah College
- Kolej Kediaman Ke 13 Universiti Malaya (Kk13)
- Mahsa Avenue International College
- Reng College Of Technology & Design
- Reng College PJ Campus
- Residential College Tun Syed Zahiruddin
- The University Of Strathclyde Business School
- Universiti Islam Malaysia
- Zainab College
As for hospitals, there are Columbia Asia Hospital and Regen Rehab Hospital.
The current rental yield of Section 16 is 3.69% for houses. The highest rental yield ever recorded was 4.32% in Q1 2021 (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 RM660 psf. For price wise, the most expensive one is 6-bedroom / 4,000 sf with a median price of RM1,150 psf; while the cheapest one is 6-bedroom / 8,000 sf with a median price of RM440 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 rm3.06 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 sale listings:
|23 Nov 2023||Condominium||963 sf||RM410,000|
|16 Nov 2023||Shop-Office||23,519 sf||RM11,000,000|
|16 Nov 2023||Office||2,161 sf||RM1,120,000|
|16 Nov 2023||Retail||1,560 sf||RM1,550,000|
|30 Oct 2023||Shop-Office||23,519 sf||RM11,000,000|
|28 Oct 2023||Condominium||1,270 sf||RM850,000|
|24 Oct 2023||Office||2,120 sf||RM950,000|
|17 Oct 2023||Office||23,519 sf||RM10,800,000|
|9 Oct 2023||Shop-Office||1,970 sf||RM2,000,000|
|8 Oct 2023||Bungalow||8,430 sf||RM5,250,000|
Latest Section 16 rental listings:
|16 Nov 2023||Retail||1,560 sf||RM4,700|
|28 Oct 2023||Office||2,300 sf||RM4,000|
|17 Oct 2023||Office||550 sf||RM1,500|
|21 Oct 2023||Office||2,161 sf||RM4,500|
|9 Oct 2023||Office||550 sf||RM1,500|
|18 Oct 2023||Office||2,539 sf||RM4,500|
|18 Oct 2023||Office||2,160 sf||RM4,300|
|14 Oct 2023||Office||2,167 sf||RM4,300|
|20 Sep 2023||Office||550 sf||RM1,500|
|27 Sep 2023||Office||7,589 sf||RM34,150|