The Summit, USJ 1

The Summit (also known as Summit Mall) is a freehold shopping mall located in USJ 1, UEP Subang Jaya. It consists of Menara Summit. The built-up available at this project is 388 sf to 667 sf. Other neighbouring projects around here are Da Men Mall, Empire Shopping Gallery, Gourmet Street, IOI Mall, Skypod Square, Subang Parade, Sunway Geo Retail, Sunway Pyramid and The 19.

Property Type
Shopping Mall
Land Tenure
Freehold
Built-up
388 sf - 667 sf
Market Price
RM360,000 - RM1,470,000
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This shopping mall has many amenities nearby, for example schools, universities and metro transport stations. The following are some main schools here:

As for universities, there are International Medical College, Monash University Malaysia, Segi College and Segi College Subang Jaya.

The current market prices for The Summit are from RM360,000 to RM1,470,000 (about RM2,490 psf); while the monthly rentals are from RM1,200 to RM42,000 (about RM7.14 psf). The highest median price psf ever recorded was RM2,577 psf in Q3 2018; while the lowest one was RM550 psf in Q3 2010.

The current rental yield of The Summit is around 4.57%, compared to 5.66% 3 years ago in Q1 2016. The highest rental yield ever recorded was 7.2% in Q4 2018; while the lowest one was 0.96% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Summit is 582 sf with a median price of RM2,490 psf. For price wise, the most expensive one is 592 sf with a median price of RM2,490 psf; while the cheapest one is 480 sf with a median price of RM760 psf.

Latest The Summit for sale listings:

DateTypeBuilt-upPrice
21-Aug-19Retail581 sfRM1,050,000
20-Aug-19Retail583 sfRM1,550,000
20-Aug-19Retail582 sfRM1,350,000
19-Jul-19Retail582 sfRM1,500,000
28-Jun-19Retail473 sfRM360,000
28-Jun-19Retail582 sfRM1,500,000
27-Jun-19Retail582 sfRM1,450,000
28-Apr-19Retail583 sfRM735,000
19-Mar-19Office650 sfRM850,000
06-Mar-19Retail582 sfRM1,500,000

Latest The Summit for rent listings:

DateTypeBuilt-upRental
10-Jun-19Office-NA-RM3,000
09-Jun-19Retail385 sfRM1,200
04-May-19Office12,000 sfRM42,000
28-Feb-19Retail635 sfRM950,000
28-Feb-19Office4,162 sfRM12,300
15-Feb-19Office770 sfRM4,500
14-Feb-19Office12,000 sfRM17,000
14-Feb-19Retail385 sfRM1,200
23-Jan-19Office3,000 sfRM10,500
23-Jan-19Office6,000 sfRM21,000

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