Petaling Utama Avenue, Petaling Utama
Petaling Utama Avenue is a leasehold shop-office development located in Petaling Utama, PJ South. The built-up available at this project is 1,581 sf to 1,650 sf for offices and 1,672 sf to 5,921 sf for shop-offices. Other neighbouring projects nearby are Bedford Business Park, Commerce One, Medan Klang Lama 28, Metro Square, OG Business Park, OUG Square, Plaza Puchong, Sri Manja Square 2, Taman Sri Jati and The Highway Centre.
This shop-office development has many amenities nearby, i.e. universities, schools and transit stations. The following are some of the main universities here:
- MARA University Of Technology Jalan Othman Campus
- Paramount College Of Technology
The current rental yield of Petaling Utama Avenue is 3.93% for offices. The highest rental yield ever recorded was 5.66% in Q4 2018 (office); while the lowest one was 3.72% in Q3 2020 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Petaling Utama Avenue for offices is 1,650 sf with a median price of RM330 psf. For price wise, the most expensive one is 1,581 sf with a median price of RM390 psf; while the cheapest one is 1,600 sf with a median price of RM330 psf.
Lastly, the most popular layout and size (built-up) combination at Petaling Utama Avenue for shop-offices is 1,672 sf with a median price of RM540 psf. For price wise, the most expensive one is 1,672 sf with a median price of RM540 psf; while the cheapest one is 5,921 sf with a median price of RM440 psf.
Latest Petaling Utama Avenue sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 15 Dec 2021 | Retail | 1,650 sf | RM2,490,000 |
| 15 Dec 2021 | Retail | 1,672 sf | RM604,675 |
| 9 Dec 2021 | Office | 1,672 sf | RM500,000 |
| 8 Dec 2021 | Retail | 16,577 sf | RM7,467,000 |
| 1 Dec 2021 | Retail | 5,921 sf | RM2,490,000 |
| 1 Dec 2021 | Retail | 5,921 sf | RM2,490,000 |
| 8 Oct 2021 | Retail | 5,000 sf | RM2,490,000 |
| 5 Oct 2021 | Retail | 5,000 sf | RM2,490,000 |
| 24 Sep 2021 | Retail | 1,650 sf | RM780,000 |
| 24 Sep 2021 | Retail | 1,650 sf | RM2,000,000 |
Latest Petaling Utama Avenue rental listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 3 Nov 2021 | Office | 1,672 sf | RM1,900 |
| 6 Oct 2021 | Office | 1,581 sf | RM2,100 |
| 31 Aug 2021 | Office | 1,650 sf | RM2,000 |
| 31 Aug 2021 | Office | 1,650 sf | RM1,800 |
| 31 Aug 2021 | Office | 1,650 sf | RM1,700 |
| 22 Jul 2021 | Office | 1,650 sf | RM1,800 |