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 4,725 sf to 5,000 sf for houses. Other neighboring 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 metro transport stations. The following are some of the major universities here:
- Isles International University
- Khadijah College
- Mahsa Prima International College
- Penang International Dental College
- Reng College PJ Campus
- Residential College Tun Syed Zahiruddin
- The University Of Strathclyde Business School
- Zainab College
As for hospitals, there are Columbia Asia Hospital PJ, Regen Rehab Hospital and Regen Rehabilitation International Hospital.
The current market prices for Section 16 are from RM3,700,000 to RM4,020,000 (about RM850 psf) for houses; while the monthly rentals are from RMHouse:11000 (about RMHouse:2.0 psf). The highest median price psf ever recorded was RM1,040 psf in Q3 2014 (House); while the lowest one was RM294 psf in Q2 2009 (House).
The current rental yield of Section 16 is 2.5% for houses. The highest rental yield ever recorded was 4.0% in Q3 2013 (House); while the lowest one was 2.08% in Q1 2014 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Section 16 for houses is 5-bedroom / 4,725 sf with a median price of RM850 psf. For price wise, the most expensive one is 5-bedroom / 4,725 sf with a median price of RM850 psf; while the cheapest one is 7-bedroom / 5,000 sf with a median price of RM740 psf.
Latest Section 16 for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 1,745 sf | RM1,350,000 |
| Today | Condominium | 1,675 sf | RM1,300,000 |
| Today | Condominium | 1,786 sf | RM1,100,000 |
| Yesterday | Condominium | 1,290 sf | RM1,050,000 |
| Yesterday | Condominium | 1,155 sf | RM710,000 |
| Yesterday | Condominium | 1,280 sf | RM970,000 |
| Yesterday | Condominium | 4,962 sf | RM2,800,000 |
| Yesterday | Condominium | 1,388 sf | RM810,000 |
| Yesterday | Condominium | 1,200 sf | RM700,000 |
| 08-Dec-18 | Condominium | 1,647 sf | RM1,160,000 |
Latest Section 16 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 10-Dec-18 | Office | 2,500 sf | RM4,100 |
| 09-Dec-18 | Office | 2,600 sf | RM3,000 |
| 09-Dec-18 | Office | 2,500 sf | RM5,000 |
| 09-Dec-18 | Office | 2,500 sf | RM5,800 |
| 09-Dec-18 | Retail | 1,913 sf | RM6,000 |
| 09-Dec-18 | Shop-Office | 1,570 sf | RM5,500 |
| 09-Dec-18 | Shop-Office | 1,995 sf | RM5,000 |
| 09-Dec-18 | Office | 10,000 sf | RM30,000 |
| 09-Dec-18 | Office | 2,167 sf | RM4,100 |
| 09-Dec-18 | Office | 2,506 sf | RM4,300 |