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Esteem Asia Properties is a registered
estate agency located at First Subang Mall, Subang Jaya.
The agency has a strong presence in Subang Jaya area with a team of
professionally qualified and licensed negotiators, each having an
extensive knowledge of the major residential and commercial areas of
Subang Jaya and surrounding
districts.
First Subang Mall, Subang
Jaya
First Subang is a high-rise commercial building located in the heart
of SS15, Subang Jaya. It was developed by Titijaya Group and
consists of two office towers on top of a retail mall.
There are three floors of retail stores in First Subang that
includes a purpose-built supermarket (Giant), which is the anchor
tenant for this building. There is also a banking hall and eateries.
There are 130 office suites, which are broadband-ready and WiFi
connection is available in selected common areas.
Employees and visitors of First Subang can choose to relax at the
Zen Garden on the rooftop, or unwind at the health club downstairs.
There are five storeys of parking bays which are secured by 24-hour
security and CCTV. There are 738 parking bays here so there is no
need to worry about lack of parking space.
First Subang is located opposite Subang Parade and is next to Hong
Leong Bank off Jalan Jengka. It is within walking distance to Subang
Parade, Empire Subang, Subang Avenue and Aeon Big Subang. It is
easily accessible via the NKVE, NPE, LDP and KESAS. With the KTM
station and a LRT station situated directly at the front of the
development, there is great convenience in terms of public
transportation.
Property Details
• Name: First Subang
• Address: Jalan SS 15/4D, 47500 Subang Jaya, Selangor
• Developer: Titijaya Group
• Completion Date: 2010
• Type: Commercial
• Tenure: Freehold
• No. of Blocks: 2
• No. of Units: 104
• Land Area: 1.55 acres
• Built-up: 429 - 926 sf
• Launch Price: RM262,600 onwards
• Subsale Price: RM400,000 - RM980,000
Analysis
Although First Subang is not a Class A commercial office such as The
Pinnacle or KL Sentral, it is the one of the best office
developments within Klang Valley due to its combination of office
and retail space which are technology-ready for today's modern
world. The location is surrounded by an abundance of amenities. The
retail mall below the building has cafes, restaurants, pubs and a
hypermarket for convenience. Undoubtedly, there is a good chance for
an excellent rental yield
On a more positive note, there is a guaranteed rental return of 8%
per annum. With an average of RM800 psf and a maintenance fee of
RM0.55 psf, the monthly yield to cover everything should be at least
RM3.00 psf. The average rental yield is about RM3.50 psf which is an
excellent rate of return even without the guaranteed terms.
Sources:
www.propwall.my
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