UOA Business Park, Selangor office unit rented for RM11.37k | DONE DEAL

Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.6m | DONE DEAL

Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.58m | DONE DEAL

Pangsapuri Danaumas, Selangor condo unit sold for RM320k | DONE DEAL

Around UOA Business Park, the average transacted price of commercial units dropped from RM1.1 million in 2023 to RM968,000 in 2024 (source: EdgeProp EPIQ).

According to May Wong (REN 06803) (012-740 5522) of The Roof Realty Sdn Bhd, the tenant liked the UOA Business Park office because of its prime location, and the Grade A status of the building. The tenant also felt that the rental price was good. The agent added that the owner was happy with the tenant.

As of end-August, there were 26 sale listings on EdgeProp at UOA Business Park, with an average asking price of RM27,486,348.46 or RM1,071.2 psf, based on built-ups ranging from 1,227 to 300,000 sq ft. For rentals, there were 57 listings, with an average monthly rent of RM36,451.83 or RM5.90 psf, based on built-ups ranging from 1,350 to 20,000 sq ft.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.