Pacific Star PJ Overview
Pacific Star PJ is a joint development by Island Circle Development and JAKS Sdn Bhd with a GDV of RM900mil.
Pacific Star is located in Section 13, Petaling Jaya and consist of 5 blocks of residential units and commercial space purposes.
Tower A is owned by Star Publication which will be used as their HQ. Tower B is an office suite with 258 units. Tower C have 191 units; Tower D with 180 units while Tower E consist of 286 units.
The built-up for Tower D and E of Pacific Star ranges between 617 sf and 802 sf while Tower C ranges from 988sf to 1242sf. There are 4 levels of basement car parks, 4 levels of retail units and 5 levels of elevated car parks
Located in a matured neighbourhood, there a lot of amenities within a short driving distance. SS2 and Section 14 are just few minutes away. Aside from that, UTAR, University of Malaya, KDU, MAHSA, Stamford, Otomotif College, Saito Academy of Art are all just in the vicinity.
There are also a few hospitals such as University Hospital, UM Medical Centre, Assunta, Tun Hussein Onn National Eye hospital as well as shopping malls like Jaya One, Jaya 33, Tropicana City Mall, Digital Mall and One Utama all within 10 minutes drive.
Section 13 PJ is also gazetted as TANAH RANCANGAN KHAS MALAYSIA whereby all industrial title must be converted to green commercial title once the contract is due. Hence, there will be a lot of developments in the area making room to grow. Lastly, there will be sky bridges connecting all the buildings in Section 13 PJ to bring convenience towards the residents.
Pacific Star PJ Details
Development Name : Pacific Star
Developer : Island Circle Development
Land Size : Approximately 6 acres & above
Expected Completion : 4th Quarter 2016
Tenure : Leasehold
Land Use : Commercial (Mixed Development)
No. of Units : 258 office suites; 657 service apartment
No. of Tower : 5 towers
No. of Storey :
Block A (14 storeys) – Star Office
Block B (16 storeys) – Office Suite
Block C (33 storeys) – Residential
Block D (24 storeys) – Residential
Block E (33 storeys) – Residential
No. of Units per Floor : 8-12 units
Maintenance: RM0.33/sf (including sinking fund)
Built Up Area:
Block A – STAR Publication HQ
Block B – SOLD OUT
Block C: 988sf – 1242 sf
Block D – SOLD OUT
Block E – SOLD OUT
Booking Fee: RM10,000
Average Selling Price (Gross) : RM900 psf
Pacific Star PJ Facilities
- Business centre
- Club house
- Gymnasium
- Mini market
- Playground
- Salon
- Sauna
- Swimming pool
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Pacific Star PJ Layouts
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- Block Capella Floor Plan
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- Type A1 – 1242sf
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- Type A2 – 1242sf (Dual Key)
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- Type B – 988sf
Pacific Star PJ Analysis
Similar Property: Latitud 3, Centrestage, Avenue D’vogue, Trilight Residence @ Fraser
Location of Pacific Star @ Section 13 is strategic as it is location in the middle of Petaling Jaya. There will be a mall on the development as well as Jaya One just across the street.
With Star Publication HQ (2000-3000 staffs) at the site, we can expect a lot of families moving to the area for convenience purposes and therefore, we expect a healthy occupancy rate.
Based on the market rental, the dual key unit is expected to bring the highest yield with an expected rental of RM4000.
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