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 600 sf. Other neighboring projects nearby here are Da Men Mall, Empire Shopping Gallery, Gourmet Street, IOI Mall, Skypod Square, Subang Parade, Sunway Geo Avenue, Sunway Pyramid and The 19.

Property Type
Shopping Mall
Land Tenure
Freehold
Built-up
388 sf - 600 sf
Market Price
RM320,000 - RM1,520,000
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 RM320,000 to RM1,520,000 (about RM2,540 psf); while the monthly rentals are from RM1,200 to RM42,000 (about RM2.13 psf). The highest median price psf ever recorded was RM2,577 psf in Q4 2018; while the lowest one was RM550 psf in Q3 2010.

The current rental yield of The Summit is around 0.96%, compared to 4.85% 4 years ago in Q1 2014. The highest rental yield ever recorded was 6.55% in Q3 2010; 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 580 sf with a median price of RM2,540 psf. For price wise, the most expensive one is 600 sf with a median price of RM2,540 psf; while the cheapest one is 480 sf with a median price of RM800 psf.

Latest The Summit for sale listings:

DateTypeBuilt-upPrice
23-Nov-18Retail582 sfRM1,500,000
23-Nov-18Retail582 sfRM1,500,000
23-Nov-18Retail582 sfRM1,500,000
16-Nov-18Retail473 sfRM360,000
16-Nov-18Retail581 sfRM1,050,000
16-Nov-18Retail583 sfRM1,550,000
06-Nov-18Retail581 sfRM1,050,000
06-Nov-18Retail380 sfRM420,000
28-Oct-18Retail582 sfRM1,500,000
17-Oct-18Office650 sfRM950,000

Latest The Summit for rent listings:

DateTypeBuilt-upRental
15-Dec-18Retail210 sfRM1,425
28-Nov-18Office24,112 sfRM84,392
27-Nov-18Office3,057 sfRM10,699
27-Nov-18Office12,056 sfRM42,196
27-Nov-18Office770 sfRM4,500
01-Nov-18Retail476 sfRM2,500
21-Sep-18Office4,162 sfRM11,654
12-Sep-18Office770 sfRM4,500
12-Sep-18Office12,000 sfRM17,000
11-Sep-18Retail476 sfRM2,500