The Grand, SS6, Kelana Jaya
The Grand (also known as The Grand SOFO @ Kelana Damansara Suite) is a freehold mixed retail & SOHO development that is located in SS6, Kelana Jaya. There are 430 SOHO units available at this property with built-up from 347 sf to 1,100 sf for SOHO units. It was developed by Mediaraya Sdn Bhd with a launch price at about RM640 psf for SOHO units, and was completed in about 2016.
Mediaraya Sdn Bhd is a privately held boutique property development company, and it has built about 3 property projects in Malaysia. Other similar projects by the same developer are The Grand and The Grand.
This mixed retail & soho development has some amenities nearby, e.g. universities, hospitals and schools. The following are some of the main universities here:
- Innovative International College
- Lincoln University College
- Open University Malaysia
- Unitar International University
- Vision College
The current rental yield of The Grand is 5.47% for SOHO units. The highest rental yield ever recorded was 5.79% in Q2 2020 (soho); while the lowest one was 3.5% in Q1 2017 (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 the grand for soho units is 3-bedroom / 1,100 sf with a median price of rm640 psf. For price wise, the most expensive one is Studio / 374 sf with a median price of RM800 psf; while the cheapest one is 2-bedroom / 933 sf with a median price of RM620 psf.
Latest The Grand sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 19 Apr 2022 | SOHO | 374 sf | RM315,000 |
Latest The Grand rental listings: