PJ8, PJ New Town

PJ8 is a leasehold integrated mall, office & residential hub that is located in PJ New Town, Petaling Jaya. The built-up available at this property is 560 sf to 1,970 sf for condominium units and 1,450 sf to 3,003 sf for offices. It was developed by IJM Land Bhd.

IJM Land Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 180 property projects in Malaysia. Other similar projects by the same developer are Alam Suria, Bandar Rimbayu, Bandar Sri Pinang, Bandar Utama, Bukit Manda'rina, Garden Avenue, Permatang Sanctuary, S2 Heights, Suria Kinrara and The Light Waterfront.

Property Type
Integrated Mall, Office & Residential
Land Tenure
Leasehold
Built-up
560 sf - 1,970 sf (Condominium)
1,450 sf - 3,003 sf (Office)
Market Price
RM420,000 - RM1,320,000 (Condominium)
RM930,000 - RM1,800,000 (Office)
Total Units
-NA-
Completion Date
-NA-
Developer
Launch Price
-NA-

This integrated mall, office & residential hub has some amenities nearby, i.e. universities, schools, hospitals and transit stations. The following are some of the major universities here:

As for schools, there are Bukit Bintang Boys' Secondary School, German School Kuala Lumpur, Qosmo International School, SK Bukit Bintang 1 & 2, SK Sri Petaling and Stars International School. There are also some hospitals here, for example Assunta Hospital and Tun Hussein Onn National Eye Hospital.

Lastly, the transit stations here are LRT Asia Jaya and LRT Taman Jaya.

The current rental yield of PJ8 is 4.75% for condominium units and 6.06% for offices. The highest rental yield ever recorded was 7.81% in Q4 2014 (condominium) and 8.33% in Q2 2021 (office); while the lowest one was 4.14% in Q1 2022 (condominium) and 5.94% in Q3 2022 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at PJ8 for condominium units is 1-bedroom / 667 sf with a median price of RM780 psf. For price wise, the most expensive one is 1-bedroom / 667 sf with a median price of RM780 psf; while the cheapest one is 2-bedroom / 774 sf with a median price of RM650 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at pj8 for offices is 3,003 sf with a median price of rm600 psf. For price wise, the most expensive one is 1,450 sf with a median price of RM640 psf; while the cheapest one is 3,003 sf with a median price of RM600 psf.

Latest PJ8 sale listings:

TarikhJenis HartanahBinaanHarga
28 Dec 2023Condominium1,800 sfRM949,000
28 Dec 2023Condominium1,800 sfRM949,000
28 Dec 2023Studio560 sfRM359,999
28 Dec 2023Condominium1,800 sfRM949,000
28 Dec 2023Studio560 sfRM359,999
26 Dec 2023Condominium1,800 sfRM949,000
25 Dec 2023Studio560 sfRM359,999
25 Dec 2023Studio560 sfRM359,999
20 Dec 2023Condominium1,948 sfRM1,280,000
20 Dec 2023Condominium1,800 sfRM949,000

Latest PJ8 rental listings:

TarikhJenis HartanahBinaanSewaan
26 Jan 2024Office3,230 sfRM12,000
26 Jan 2024Office4,300 sfRM16,000
26 Jan 2024Retail3,550 sfRM20,000
26 Jan 2024Retail2,648 sfRM14,800
18 Jan 2024Office3,003 sfRM11,500
5 Jan 2024Retail3,550 sfRM20,000
5 Jan 2024Office4,300 sfRM16,000
5 Jan 2024Office3,230 sfRM12,000
5 Jan 2024Retail2,648 sfRM14,800
28 Dec 2023Condominium560 sfRM1,899
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