With an ever increasing need for a well-balanced lifestyle in a vibrant location, integrated developments such as Pacific Place couldn’t be more timely. Completed last June 2013, the leasehold mixed development project is another fine addition to Petaling Jaya’s real estate scene. It is comprised of four key components – a shopping mall, a college, commercial shop lots and serviced apartments. When melded together, the entire project offers an ideal modern lifestyle where everything you need is right at the heart of your home.
Developed by Island Circle Development, under its subsidiary, MNH Global Assets Mgt., Pacific Place adheres to the brand’s trademark of building visionary and quality homes. The project joins USJ Sentral and future ventures including Pacific Star and Pacific 63 in making up the developer’s impressive portfolio.
Cozy Apartment Units & SOHOs
Zeroing in on the project’s serviced apartment portion, Pacific Place has six 15-storey blocks housing a total of approximately 1,200 units. That’s a lot of choices for a diverse group of modern investors. According to built-up size and configuration, choices include the following:
> 1-Bedroom Units – 717 sq.ft.
> 2-Bedroom Units – 864 to 906 sq.ft.
> 3-Bedroom Units – 1,042 to 1,078 sq.ft.
> 3+1-Bedroom (Dual-Key) Units – 1,275 to 1,325 sq.ft.
There are about 15 units per floor with 3 lifts serving residents. The last block of the six is allotted for signature office suites or SOHO units. Within this portion are standard and duplex units with built-up size ranging from 667 to 1,327 sq.ft.
Spacious Shop Offices Available
For business owners looking for 3-storey shop offices, Pacific place has ultra spacious units available boasting built-up areas measuring from 5,384 to 6,692 sq.ft. These units are tagged at a minimum of RM2.9 million. Serviced apartments, on one hand, have a launch price starting from RM320,000 onwards.
To confirm whether the prices are in sync with the property’s fair market or not, you can use our free price valuation guide right here.
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The Advantage of Doorstep Conveniences
As a fully integrated development, Pacific Place offers topnotch convenience for its dwellers. Right outside one’s doorstep is an array of shop offices and business lots catering to many of your daily needs. At the same time, right within the serviced apartment blocks are some basic facilities matching its residents modern lifestyles. Among these features are the swimming pool, games room and tai chi plus rooftop gardens.
With Pacific Place having its own retail mall, residents need not go far in order to take care of retail therapy. Another aspect of the development that sets its apart is its own college catering to Ara Damansara’s growing student population. Also a stone’s throw away are neighbouring central business districts (that of SJ and Kelana Jaya) where more amenities are located.
Situated at Jalan Lapangan Terbang in Lembah Subang, Pacific Place boasts of excellent connectivity. Serving the area are major highways such as KESAS, NKVE, Federal Highway and Kelana-SJ Link connecting residents to nearby townships and other key destinations.
Apart from the fact that Pacific Place is a fully integrated mixed development, strategic location is another selling point that makes it a good investment prospect. Sited in a rapidly growing neighbourhood, the property has great promise with regard to capital appreciation. It is also a major plus that residents can enjoy a balance of life, work and leisure in one place and right in bustling Petaling Jaya.
But as much as it is a promising prospect, Pacific Place also has some drawbacks to look into. For one, it is a high density development which means it’s not for those who value their privacy. Another con is the problem with traffic congestion during peak hours. With the pros and cons laid out, it’s time to move forward with confirming the property’s fair market value. To help you along, you are more than welcome to use our free ebook guide below.