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Citrus Properties is a registered
estate
agency located at PJU 6A, Petaling
Jaya. The agency has a strong presence in
Petaling Jaya with a team of professionally qualified and licensed
negotiators, each having an extensive knowledge of the major
residential and commercial areas of Petaling Jaya and surrounding districts.
10 Boulevard, Bandar Utama
10 Boulevard is a 25-acre leasehold development that comprises 4
blocks of 6 and 7-storey commercial offices and retail centers. It
is nestled at the heart of Petaling Jaya’s most sought-after
business and residential region at Kayu Ara near Bandar Utama.
10 Boulevard neighbors with Damansara’s most affluent districts and
some other vibrant communities, namely Bandar Utama, Damansara
Utama, Damansara Jaya, Mutiara Damansara, TTDI, Desa ParkCity,
Bandar Sri Damansara and Sunway Damansara.
Newlake Development is the developer that manages this well-planned
and well-designed luxurious development, which was just completed by
the end of 2009. It features with ground floor retail outlets,
corporate office suites, multipurpose rooftop spaces for variety
uses, open-air central piazza and lush outdoor landscaping.
These 4 blocks of buildings at 10 Boulevard house a total of 59
units, which phase 1 (Bougainvillea and Dhalia) will comprise 29
units, while phase 2 (Allamanda and Camilia) will comprise 30 units.
Each unit is sized ranging from 1,378 sf to 3,824 sf, and priced
ranging from RM490 psf to RM550 psf.
10 Boulevard gives impressive amenities and services to meet today
business’s environment. It comes with highly visible and easily
accessible lift lobby entrances which serviced by 32 lifts as well.
Besides, there are 2-level of basement parking with total of 1,301
parking bays and it is under 24-hour CCTV surveillance and security
guard patrols.
Apart from that, the office suites at 10 Boulevard are designed with
spacious floor plans, high ceilings and flexible office space to
offer comfort, convenience and versatility for both small and large
companies.
10 Boulevard is just located fronting the SPRINT Highway and it is
well-linked with major roads and highways. It is just 5 minutes
driving away from the NKVE Highway; 15 minutes driving away from the
Penchala Link; 20 minutes driving away from the Federal Highway and
Kerinchi Link. This well network of highways makes 10 Boulevard is
easily accessible from KLCC, Bukit Kiara, Bangsar, Subang Jaya and
Shah Alam.
Property Details
Name: 10 Boulevard
Address: Kayu Ara, Damansara Jaya, 47400 Petaling Jaya, Selangor
Developer: Newlake Development
Completion Date: End 2009
Type: Shop-Office
Tenure: Leasehold
No. of Blocks: 4
No. of Storey: 6 & 7
No. of Units: 59
Phase 1 (Bougainvillea and Dhalia): 29
Phase 2 (Allamanda and Camilia): 30
Built-up: From 1,378 sf to 3,824 sf
Subsale Price: RM4,900,000 - RM8,200,000
Rental: RM2,500 - RM8,500
Facilities
Lift lobby entrances
2-level of basement parking
32 lifts
1,301 parking
24-hour CCTV surveillance
Security guard patrols
Analysis
10 Boulevard is located strategically fronting the SPRINT Highway
and among the high traffic catchment areas in Damansara. Besides, it
is neighboring with colleges (KDU, KBU, UM and SEGI), schools (SK
Bandar Utama), shopping malls (One Utama) and other commercial
centers. Its prime location brings it a good visibility to attract
the crowds easily and hence bring in the business volume.
Apart from being located nearby affluent neighborhoods, Damansara
Jaya itself also resided by people from middle to upper class. It is
found that property values in Damansara Jaya have achieved
impressive gains from its increasing popularity, as it has become
the most sought-after place to live, work and play among families,
students and professional people.
Due to these reasons, the redevelopment of Kayu Ara in Damansara
Jaya is being implemented, and it will be the catalyst for making 10
Boulevard the most exciting commercial center in this area.
10 Boulevard is retailing at RM670 psf for the ground floor, while
pricing from RM250 psf for the upper floors. The offered prices are
affordable if compared to other similar properties within that area,
which are approximate RM750 psf for the ground floor while RM280 psf
for the upper floors.
The developer of 10 Boulevard, Newlake Development, said the name of
this project has drawn the attention from investors abroad. Even
though 10 Boulevard is Newlake’s maiden project, it has achieved 50%
take up rate in just a month. With the ideal location, well business
facilities and services, it is believed that this commercial
development will be a good choice for investors, corporate offices
and retail outlets to start their business here.
Unfortunately, it is found that the parking fee at 10 Boulevard is
not really satisfying to the public. The parking fee is charged RM1
per hour, and every subsequent hour as well. It might discourage
people from shopping there.
Sources: propwall.my
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