SS 15

Jalan SS 15/1, Subang Jaya, Selangor

About this project

Vibrant SS15 in Subang Jaya is known for its many eateries as well as the numerous bubble milk tea joints that have popped up over the past year or so. On a weekday morning, it is rather quiet as many shops have yet to open. But towards the evening and into the night, it is packed with people and cars, especially on the weekends.

Subang Jaya was first developed in the early 1970s by United Estates Projects Bhd, which was renamed Sime UEP Properties Bhd after Sime Darby Group bought a stake in it, says Henry Butcher (M) Sdn Bhd (Selangor office) director Desmond Tew.

Subang Jaya originally comprised SS12 to SS19 while USJ covers USJ 1 to 27, USJ 3A to 3D, USJ Heights and Subang Heights.

SS15 is a commercial hub and is home to a number of institutes of higher learning, including INTI International College, Metropolitan College and ALFA International College, says Tew.

Getting there is easier now due to the extension of the Kelana Jaya light rail transit line, with an LRT station built beside the shoplots. That has made eateries and bubble tea outlets easily accessible and solved the problem of having to find a parking spot.

Numerous restaurants and cafés lining the streets serve up a wide variety of delicious fare.

Jalan SS15/4D, on the border of SS15, is among the busiest roads. Traffic is heavy as it has several points of entry and exit with the main road, Persiaran Jengka, and joins up with smaller inner streets.

At one end, the street joins Jalan SS15/4G. That is the vicinity where SS15 Courtyard, a 300,000 sq ft shopping centre owned by Titijaya Asset Sdn Bhd, is located. Tenants in the mall include Village Grocer, Fei Fan Hotpot, Naughty Nuri’s, Anytime Fitness and Bookxcess.

Further down the street, shoplots house businesses such as banks, pharmacies, bakeries, car workshops and eateries.

One eatery that has been gaining much buzz on social media is halal-certified US Pizza, located on the ground floor of an intermediate shoplot. One of its most famous offerings is its Cheese Boat Pizza, which comes with three types of cheese, with an egg added on top. Before one eats the pizza, the ingredients first have to be mixed, which will create a cheese pull.

For Amanda Leou, who frequents the area, the pizza is excellent eaten when hot. The combination of egg and three types of cheese makes a creamier topping.

“But between the Cheese Boat Pizza and the normal ones, I prefer the latter. The former is quite pricey and might be too cheesy for some people. It is more of a once-in-a-while kind of thing, ” she says.

Another unique café along the street is Meeples European Boardgame Café, which is above a 

TMpoint outlet in an intermediate shoplot. The walls are lined with cupboards packed with board games of all sorts. Head there to spend some quality time with friends and family over a board game. Apart from F&B, the games are also for sale.

Henry Butcher’s Tew believes prospects for the area will continue to be bright.

SS15 will remain a popular commercial centre as it serves not only the residents but people from other parts of Petaling Jaya drawn to the many F&B outlets,” he says.

Transaction records from Henry Butcher show that a 4-storey intermediate shoplot with a built-up of 5,820 sq ft was sold for RM4.7 million. Another unit, measuring 6,367 sq ft, has a price tag of RM4.3 million.

This article, by Ethel Koo, first appeared in City & Country, The Edge Malaysia Weekly, on January 27, 2020 - February 02, 2020.

Property Type
Terraced House
Completion Year
1988
Beds
2 - 5 bedrooms
Built up
1647 sqft - 3488 sqft
Tenure
Freehold
Transacted Price
RM 250,000 - RM 1,590,000
Asking Price (Sale)
RM 568,888 - RM 1,503,000
Asking Price (Rent)
RM 2,200 - RM 3,200
Developer name
Sime UEP Bhd

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 4 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
28 Dec 1211 Jan 181,755 ft²502410160,0004.1
18 Jun 1219 Dec 161,765 ft²521459110,0002.9
01 Oct 1302 Feb 161,647 ft²62557780,0003.5
22 Aug 1218 Nov 131,755 ft²450388110,00012.8

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Unprofitable Transactions (Limited to 5 Total of 1 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
10 Dec 1418 Dec 181,647 ft²534607-120000-3.1

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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