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.

Property Type
Shop-Office
Land Tenure
Leasehold
Built-up
1,581 sf - 1,650 sf (Office)
1,672 sf - 5,921 sf (Shop-Office)
Market Price
RM530,000 - RM620,000 (Office)
RM900,000 - RM2,610,000 (Shop-Office)
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This shop-office development has many amenities nearby, i.e. universities, schools and transit stations. The following are some of the main universities here:

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:

Office Layouts

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.

Shop-Office Layouts

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:

DateTypeBuilt-upPrice
15 Dec 2021Retail1,650 sfRM2,490,000
15 Dec 2021Retail1,672 sfRM604,675
9 Dec 2021Office1,672 sfRM500,000
8 Dec 2021Retail16,577 sfRM7,467,000
1 Dec 2021Retail5,921 sfRM2,490,000
1 Dec 2021Retail5,921 sfRM2,490,000
8 Oct 2021Retail5,000 sfRM2,490,000
5 Oct 2021Retail5,000 sfRM2,490,000
24 Sep 2021Retail1,650 sfRM780,000
24 Sep 2021Retail1,650 sfRM2,000,000

Latest Petaling Utama Avenue rental listings:

DateTypeBuilt-upRental
3 Nov 2021Office1,672 sfRM1,900
6 Oct 2021Office1,581 sfRM2,100
31 Aug 2021Office1,650 sfRM2,000
31 Aug 2021Office1,650 sfRM1,800
31 Aug 2021Office1,650 sfRM1,700
22 Jul 2021Office1,650 sfRM1,800
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