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.

Property Type
Mixed Retail & SOHO
Land Tenure
Freehold
Built-up
549 sf - 797 sf (Office)
527 sf - 614 sf (SOHO)
Market Price
RM200,000 - RM250,000 (Office)
RM230,000 - RM350,000 (SOHO)
Density
-NA-
Completed In
Q4 2013
Launch Price
RM400 psf (SOHO)

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:

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:

Office Layouts

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.

SOHO Layouts

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:

DateTypeBuilt-upPrice
2 Jan 2023SOHO592 sfRM154,000
14 Dec 2022Office538 sfRM162,000
10 Dec 2022SOHO592 sfRM220,000
2 Dec 2022SOHO592 sfRM171,000
3 Nov 2022SOHO592 sfRM189,000
17 Oct 2022Office667 sfRM153,000
29 Sep 2022SOHO-NA-RM210,000
19 Aug 2022SOHO592 sfRM152,000
8 Aug 2022Office667 sfRM170,000
3 Aug 2022SOHO592 sfRM168,000

Latest Avenue Crest rental listings:

DateTypeBuilt-upRental
TodaySingle Room-NA-RM450
TodayApartment Room-NA-RM500
TodayApartment Room-NA-RM500
TodayApartment Room-NA-RM450
TodaySingle Room-NA-RM500
TodaySingle Room-NA-RM500
TodayMedium Room-NA-RM330
TodayApartment Room-NA-RM450
TodayRoom-NA-RM400
TodayRoom-NA-RM400
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