Avenue Crest, Section 22, Shah Alam

Avenue Crest (also known as Avenue Crest SOFO) is a freehold mixed retail & SOHO development located in Section 22, Shah Alam. The built-up available at this project is 549 sf to 797 sf for offices and 527 sf to 614 sf for SOHO units. It was developed by Crest Builder Holdings Bhd with a launch price of about RM400 psf for SOHO units, and was completed around Q4 2013.

Crest Builder Holdings Bhd is a mid-scale property developer listed on Bursa Malaysia, and it has developed about 7 property projects in Malaysia. Other similar projects by the same developer are 3 Two Square, Alam Idaman, Alam Sanjung, Menara Bank Islam, The Crest and The Greens.

This mixed retail & SOHO development has many amenities nearby, i.e. schools, hospitals and transit stations. The following are some of the main schools here:

• SJK (T) Ladang Ebor
• Sekolah Kafa Integrasi Nurul Hidayah

The current rental yield of Avenue Crest is 5.43% for offices and 4.0% for SOHO units. The highest rental yield ever recorded was 7.41% in Q4 2021 (office) and 6.69% in Q2 2014 (soho); while the lowest one was 4.23% in Q1 2020 (office) and 3.49% in Q2 2019 (soho). Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Avenue Crest for offices is 560 sf with a median price of RM430 psf. For price wise, the most expensive one is 560 sf with a median price of RM430 psf; while the cheapest one is 797 sf with a median price of RM270 psf.

Lastly, the most popular layout and size (built-up) combination at Avenue Crest for SOHO units is Studio / 549 sf with a median price of RM440 psf. For price wise, the most expensive one is 4-bedroom / 614 sf with a median price of RM570 psf; while the cheapest one is 1-bedroom / 614 sf with a median price of RM420 psf.

Latest Avenue Crest sale listings:

Latest Avenue Crest rental listings: