Boulevard Business Park, Taman City
Boulevard Business Park (also known as Magna Prima Boulevard) is a freehold shop-office development that is located in Taman City, Segambut. The built-up available at this property is 1,452 sf to 1,650 sf for offices and 1,226 sf to 9,577 sf for shop-offices. It was developed by Magna Prima Bhd with a launch price at about RM540 psf, and was completed in about 2014.
Magna Prima Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 17 property projects in Malaysia. Other similar projects by the same developer are Boulevard Serviced Apartment, Casa Magna, Casa Prima, Magnaville Selayang, Metro Prima, Mutiara Magna, Plaza Metro Prima, Prima U1, Sinar Magna and Vista Magna.
This shop-office development has some amenities nearby, e.g. schools, universities and transit stations. The following are some of the main schools here:
- SK Batu 4
- SK Seri Delima
- SMK Raja Abdullah
- SMK Raja Ali
- SRA Ibnu Majah
As for universities, there are ISBA UK Thinking Skills College & Academy and Victoria International College.
The current rental yield of Boulevard Business Park is 6.21% for offices and 3.67% for shop-offices. The highest rental yield ever recorded was 7.24% in Q4 2022 (office) and 7.24% in Q1 2019 (shop-office); while the lowest one was 2.7% in Q3 2018 (office) and 3.67% in Q2 2022 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Boulevard Business Park for offices is 1,453 sf with a median price of RM390 psf. For price wise, the most expensive one is 1,453 sf with a median price of RM390 psf; while the cheapest one is 1,650 sf with a median price of RM270 psf.
Lastly, the most popular layout and size (built-up) combination at boulevard business park for shop-offices is 9,577 sf with a median price of rm760 psf. For price wise, the most expensive one is 1,226 sf with a median price of RM940 psf; while the cheapest one is 1,452 sf with a median price of RM450 psf.
Latest Boulevard Business Park sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Office | 1,452 sf | RM495,000 |
| 6 Oct 2023 | Shop-Office | 1,500 sf | RM480,000 |
| 15 Sep 2023 | Shop-Office | 5,400 sf | RM2,900,000 |
| 12 Sep 2023 | Retail | 2,700 sf | RM2,300,000 |
| 5 Sep 2023 | Shop-Office | 5,500 sf | RM3,600,000 |
| 30 Aug 2023 | Retail | 1,300 sf | RM1,100,000 |
| 19 Aug 2023 | Shop-Office | 1,226 sf | RM1,050,000 |
| 10 Aug 2023 | Shop-Office | 1,452 sf | RM650,000 |
| 11 Jul 2023 | Shop-Office | 5,574 sf | RM2,800,000 |
| 11 Jul 2023 | Shop-Office | 1,226 sf | RM1,050,000 |
Latest Boulevard Business Park rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 6 Oct 2023 | Office | 1,400 sf | RM1,800 |
| 6 Oct 2023 | Office | 1,400 sf | RM1,800 |
| 5 Oct 2023 | Retail | 1,400 sf | RM2,999 |
| 16 Sep 2023 | Retail | 1,300 sf | RM4,500 |
| 15 Sep 2023 | Retail | 1,200 sf | RM4,500 |
| 15 Sep 2023 | Retail | 2,100 sf | RM2,500 |
| 15 Sep 2023 | Retail | 2,680 sf | RM6,500 |
| 15 Sep 2023 | Shop-Office | 1,200 sf | RM3,000 |
| 15 Sep 2023 | Shop-Office | 1,400 sf | RM2,000 |
| 15 Sep 2023 | Shop-Office | 2,100 sf | RM2,800 |