Pacific 63, Section 13, Petaling Jaya
Pacific 63 is a leasehold mixed retail & SOHO development that is located in Section 13, Petaling Jaya. There are 260 SOHO units available at this property with built-up from 390 sf to 780 sf for SOHO units. It was developed by Island Circle Development Sdn Bhd with a launch price at around RM680 psf for SOHO units, and was completed in about 2014.
Island Circle Development Sdn Bhd is a privately held medium-sized real estate organization, and it has constructed around 7 real estate projects in Malaysia. Other similar projects by the same developer are Beta Office Suitz, Capella Residenz, Delta Residenz, Eta Residenz, Menara Star 2 and Pacific Star.
This mixed retail & soho development has some amenities nearby, for example universities, hospitals and schools. The following are some of the main universities here:
- Cavendish College London
- Genovasi University College
- Global Hanyu & Culture College
- Kampus Universiti Malaya
- Khadijah College
- Kolej Kediaman Ke 13 Universiti Malaya (Kk13)
- Open University Malaysia Petaling Jaya Learning Centre
- Pusat Perubatan Universiti Malaya
- Putra Intelek International College
- Safa College
- Taska Universiti Islam Antarabangsa
- Toc Automotive College
- Universiti Islam Malaysia
- Zainab College
As for hospitals, there are Cellnique Paramedical, Columbia Asia Hospital, Hospital Pusrawi, Ozone Hospital and Regen Rehab Hospital. There are also some schools here, i.e. Heritage International School and SK Sri Petaling.
The current rental yield of Pacific 63 is 5.1% for SOHO units. The highest rental yield ever recorded was 6.5% in Q1 2020 (soho); while the lowest one was 3.6% in Q4 2018 (soho). Meanwhile, the most common unit layouts and sizes available here are as follows:
Lastly, the most popular layout and size (built-up) combination at pacific 63 for soho units is 1-bedroom / 520 sf with a median price of rm770 psf. For price wise, the most expensive one is Studio / 480 sf with a median price of RM790 psf; while the cheapest one is Studio / 390 sf with a median price of RM770 psf.
Latest Pacific 63 sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 17 Feb 2022 | SOHO | 589 sf | RM465,000 |
| 18 Jan 2022 | Duplex | 1,181 sf | RM620,000 |
| 4 Jan 2022 | SOHO | 589 sf | RM405,000 |
| 17 Dec 2021 | SOHO | 520 sf | RM405,000 |
| 11 Dec 2021 | Studio | 520 sf | RM400,000 |
| 11 Dec 2021 | Studio | 520 sf | RM440,000 |
| 11 Dec 2021 | Condominium | 780 sf | RM530,000 |
| 4 Dec 2021 | Studio | 520 sf | RM400,000 |
| 4 Dec 2021 | Studio | 520 sf | RM425,000 |
| 4 Dec 2021 | Condominium | 780 sf | RM530,000 |
Latest Pacific 63 rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 27 Jun 2022 | Condominium | 780 sf | RM1,800 |
| 23 Dec 2021 | Condominium | 520 sf | RM1,400 |
| 23 Dec 2021 | Condominium | 520 sf | RM1,400 |
| 20 Dec 2021 | Studio | 520 sf | RM1,700 |
| 19 Dec 2021 | Condominium | 625 sf | RM2,000 |
| 17 Dec 2021 | Studio | 520 sf | RM1,800 |
| 17 Dec 2021 | SOHO | 520 sf | RM1,800 |
| 16 Dec 2021 | Condominium | 520 sf | RM1,800 |
| 14 Dec 2021 | Condominium | 520 sf | RM1,400 |
| 13 Dec 2021 | Studio | 520 sf | RM1,700 |
Everything is good except for the fact that the space at the entrance of the parking is a little too tight for its design. It takes effort for some cars to turn at the corners.