Axis Pandan, Taman Cempaka, Pandan Indah

Axis Pandan is a leasehold integrated office, residential & retail hub located in Taman Cempaka, Pandan Indah. It consists of Axis Atrium, Axis Crown, Axis Residence and Axis SOHU. There are 558 apartment units and 154 SOHO units available at this project with built-up from 739 sf to 1,040 sf for apartment units, 488 sf to 4,495 sf for retail units and 739 sf for SOHO units. It was developed by RK Group with a launch price of around RM150 psf for apartment units, RM370 psf for SOHO units, and was completed about Early 2011.

RK Group is a mid-sized real estate group, and it has undertaken around 5 real estate projects in Malaysia. Other similar projects by the same developer are Axis Atrium, Axis Crown, Axis Residence and Axis SOHU.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
739 sf - 1,040 sf (Apartment)
488 sf - 4,495 sf (Retail)
739 sf (SOHO)
Market Price
RM360,000 - RM440,000 (Apartment)
RM800,000 - RM2,990,000 (Retail)
RM370,000 (SOHO)
Density
558 Apartments & 154 SOHOs
Completed In
Early 2011
Developer
Launch Price
RM150 psf (Apartment)
RM370 psf (SOHO)

This integrated office, residential & retail hub has many amenities nearby, such as schools, hospitals and metro transport stations. The following are some of the major schools here:

As for hospitals, there are Joe Medical Center and Joe Medical Centre. There are also some metro transport stations here, e.g. LRT Cempaka and LRT Pandan Indah.

The current market prices for Axis Pandan are from RM360,000 to RM440,000 (about RM460 psf) for apartment units, RM800,000 to RM2,990,000 (about RM1,820 psf) for retail units and RM370,000 (about RM500 psf) for SOHO units; while the monthly rentals are from RM1,600 to RM1,900 (about RM1.92 psf) for apartment units, RM1,200 to RM5,000 (about RM5.93 psf) for retail units and RM1,400 (about RM2.55 psf) for SOHO units. The highest median price psf ever recorded was RM574 psf in Q2 2015 (Apartment), RM1,946 psf in Q4 2013 (Retail) and RM676 psf in Q1 2015 (SOHO); while the lowest one was RM150 psf in Q1 2009 (Apartment), RM144 psf in Q1 2019 (Retail) and RM341 psf in Q2 2010 (SOHO).

The current rental yield of Axis Pandan is 5.33% for apartment units, 4.44% for retail units and 5.45% for SOHO units. The highest rental yield ever recorded was 7.26% in Q4 2012 (Apartment), 6.0% in Q1 2016 (Retail) and 8.05% in Q3 2012 (SOHO); while the lowest one was 4.01% in Q4 2016 (Apartment), 4.44% in Q2 2018 (Retail) and 4.51% in Q1 2016 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Axis Pandan for apartment units is 2-bedroom / 835 sf with a median price of RM460 psf. For price wise, the most expensive one is 2-bedroom / 739 sf with a median price of RM490 psf; while the cheapest one is 3-bedroom / 1,000 sf with a median price of RM420 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at Axis Pandan for retail units is 488 sf with a median price of RM1,820 psf. For price wise, the most expensive one is 488 sf with a median price of RM1,820 psf; while the cheapest one is 4,023 sf with a median price of RM200 psf.

SOHO Layouts

Lastly, the most popular layout and size combination at Axis Pandan for SOHO units is 2-bedroom / 739 sf with a median price of RM500 psf. For price wise, the most expensive one is 2-bedroom / 739 sf with a median price of RM500 psf; while the cheapest one is 2-bedroom / 739 sf with a median price of RM500 psf.

Latest Axis Pandan for sale listings:

DateTypeBuilt-upPrice
16-Feb-19Condominium1,023 sfRM465,000
16-Feb-19Studio450 sfRM250,000
16-Feb-19Studio540 sfRM269,000
16-Feb-19Studio530 sfRM300,000
16-Feb-19Condominium739 sfRM360,000
16-Feb-19Condominium739 sfRM325,000
14-Feb-19Condominium839 sfRM395,000
13-Feb-19Condominium1,010 sfRM415,000
09-Feb-19Condominium834 sfRM400,000
09-Feb-19Duplex530 sfRM330,000

Latest Axis Pandan for rent listings:

DateTypeBuilt-upRental
TodayCondominium739 sfRM1,300
YesterdayCondominium870 sfRM1,780
YesterdayCondominium1,000 sfRM1,800
15-Feb-19Retail500 sfRM1,000
12-Feb-19Condominium834 sfRM1,600
12-Feb-19Studio560 sfRM1,400
11-Feb-19Condominium739 sfRM1,700
10-Feb-19Studio600 sfRM1,600
10-Feb-19Studio566 sfRM1,450
10-Feb-19Duplex700 sfRM1,200