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 and 1,570 sf to 16,200 sf for shop-offices. Other neighbouring projects nearby here are East Residence, Pearl Villas, Section 11, Section 12 and Section 17.

Property Type
Mixed Housing Estate
Land Tenure
Leasehold
Built-up
4,725 sf - 5,000 sf (House)
1,570 sf - 16,200 sf (Shop-Office)
Market Price
RM3,700,000 - RM4,020,000 (House)
RM1,500,000 - RM9,560,000 (Shop-Office)
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

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:

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 and RM1,500,000 to RM9,560,000 (about RM1,100 psf) for shop-offices; while the monthly rentals are from RM9,000 to RM11,000 (about RM1.90 psf) for houses and RM5,000 (about RM2.51 psf) for shop-offices. The highest median price psf ever recorded was RM1,040 psf in Q3 2014 (House) and RM1,191 psf in Q1 2018 (Shop-Office); while the lowest one was RM294 psf in Q2 2009 (House) and RM333 psf in Q4 2009 (Shop-Office).

The current rental yield of Section 16 is 2.5% for houses and 4.0% for shop-offices. The highest rental yield ever recorded was 4.0% in Q3 2013 (House) and 4.0% in Q1 2019 (Shop-Office); while the lowest one was 2.08% in Q1 2014 (House) and 4.0% in Q3 2018 (Shop-Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

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.

Shop-Office Layouts

Meanwhile, the most popular layout and size combination at Section 16 for shop-offices is 1,570 sf with a median price of RM1,100 psf. For price wise, the most expensive one is 1,570 sf with a median price of RM1,100 psf; while the cheapest one is 16,200 sf with a median price of RM590 psf.

Latest Section 16 for sale listings:

DateTypeBuilt-upPrice
TodayBungalow-NA-RM5,000,000
13-Apr-19Bungalow-NA-RM5,000,000
06-Apr-19Condominium713 sfRM680,000
07-Apr-19Semi-Detached-NA-RM4,050,000
27-Mar-19House11,000 sfRM4,600,000
26-Mar-19Semi-Detached4,000 sfRM3,995,000
26-Mar-19Semi-Detached4,700 sfRM3,800,000
26-Mar-19House8,000 sfRM4,500,000
26-Mar-19Condominium5,800 sfRM2,600,000
25-Mar-19Condominium1,786 sfRM1,150,000

Latest Section 16 for rent listings:

DateTypeBuilt-upRental
18-Apr-19Office4,951 sfRM8,911
17-Apr-19Office5,000 sfRM11,500
17-Apr-19Office2,176 sfRM4,000
17-Apr-19Semi-Detached4,725 sfRM10,000
17-Apr-19House5,000 sfRM10,800
13-Apr-19Condominium653 sfRM2,100
13-Apr-19Condominium1,594 sfRM2,700
13-Apr-19Condominium1,600 sfRM2,600
06-Apr-19Penthouse850 sfRM2,500
06-Apr-19Condominium1,745 sfRM3,500