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Property Insights & Reviews : Plaza Pantai

Plaza Pantai

1 for Sale

1 for Rent

Freehold

F/H
Plaza Pantai is an office-cum-retail complex being located off the Jalan Pantai Baru, along one of the busiest roads in Malaysia, the Federal Highway. Right next to the complex are Menara TM, SJK Jalan Bangsar and Police Station Pantai.Plaza Pantai was completed in 1997 by Atlas Corporation, which has gone into liquidation since 2004. It consists of 6 office towers ranging from 17 to 30 storeys offering a total office space of about 500,000 square feet. A variety of office layouts are available at Plaza Pantai, from few hundred square feet to a maximum of around 5,000 square feet at the top floor unit. The 6 towers sit on top of a common podium having 6 levels of retail space with a total size of 160,000 square feet plus another 3 levels of basements providing 900 car park spaces.Apart from the ample supply of parking lots, Plaza Pantai is one of the very few in Malaysia having an LRT station (Kerinchi LRT station) inside the building providing superb accessibility and convenience. By the time the complex was built, it was designed to target the higher-end market. The building is designed in a way to have a direct full frontage to the Federal Highway, which captures an excellent exposure among those commuting via Federal Highway to work.Plaza Pantai is actually located in a very convenient location being right in the center of commercial and business district. Driving 3.5km to the west is Petaling Jaya while 3 km to the east is the Kuala Lumpur city center. The well-established shopping complex Mid Vally Megamall and The Gardens are within 5-min driving time from Plaza Pantai. Some of the most affluent residential compounds such as Damansara Heights, Bangsar, Pantai Hills and Bukit Bandaraya are being at the north of Plaza Pantai.

Properties Details

  • Name: Plaza Pantai
  • Address: No.5, Jalan 4/83A, Off Jalan Pantai Baru, 59200, Kuala Lumpur
  • Developer: Atlas Corporation
  • Tenure: Freehold
  • Type: Office & Retail
  • No. of Blocks: 6
  • No. of Storey: 17 - 30
  • No. of Parkings: 900
  • Office Area: 500,000 sf
  • Retail Area: 160,000 sf
  • Subsale Price:
  • Rental:
  • Facilities

  • Business centre
  • Cafeteria
  • Covered parking
  • Mini market
  • Salon
  • 24-hour security
  • Analysis

    Plaza Pantai offers a very convenient location. Being right in the city center, it is accessible to most reputable housing compounds and also the major shopping complexes. However, traffic can be busy during office hours. Even though Mid Valley City is supposed to be 5-min drive, it may take you more than half an hour drive to reach the destination. The in-house Kerinchi LRT station is a good alternative for people to avoid the possible traffic jams.At the moment, a covered walkway is being built from Bangsar South to Plaza Pantai, which means the LRT station is going to be more packed than usual. It also means an increased in supply of competing office space in the neighborhood with similar proposition of convenient public transportation.A major competitive disadvantage of Plaza Pantai is the missing of the strata title. Without the proper title document, it can be a challenge for potential buyers to secure bank loans. Given the developer Atlas Corporation has gone into liquidation since 2004, it is uncertain when the strata title can be issued.The building has been over ten years. Not many food outlets around the complex to meet the need during the busy lunch hours. The retail environment is pretty quiet also. With reference to the current maintenance status and the limited facilities, the demanding management fee of RM1.25 per square feet is perceived to be high.Having said that, Plaza Pantai can offer comparatively better rental yield than the current market. This is probably due to its central locations being accessible to all those key commercial and housing areas.
    Plaza Pantai是办公兼零售广场,坐落在Jalan Pantai Baru街尾,沿着联邦大道(Federal Highway)--我国最繁忙的道路之一。Plaza Pantai旁设有Menara TM、SJK Jalan Bangsar和Pantai警察局。Plaza Pantai在1997年建竣,发展商为Atlas Corporation,惟在2004年面临清算。它共有6座楼高17至30层的办公楼,提供总办公面积约500,000平方尺。Plaza Pantai提供多款办公室户型,从数百平方尺至最大的5,000平方尺都有,最大的单位设在最顶层。这6栋楼坐落在一个共同的平台(common podium)上,即是6层零售空间,总面积160,000平方尺,以及额外3层地下停车场,共有900个停车位。除了具备充足的停车位,Plaza Pantai也是我国少有把轻快铁站建在建筑物内的其中一个,在大楼内设有Kerinchi轻快铁站,为租户和客户提供绝佳的便利性。建竣初期,它的目标客户是较高档的市场。建筑物面向繁忙的联邦大道(Federal Highway),为需要经由联邦大道上班工作的人,提供极高的曝光率。Plaza Pantai坐落在一个极之便利的地理位置上,就恰恰位于商务和商业区的中心点。向西行驶3.5公里可抵达八打灵再也;向东3公里处就是吉隆坡市中心;北部则是高档邻区如Damansara Heights、孟沙、Pantai Hills和Bukit bandaraya。从Plaza Pantai至知名的购物中心Mid Valley和The Gardens,只需5分钟车程。

    产业资讯一览

  • 名称:Plaza Pantai
  • 地址:No.5, Jalan 4/83A, Off Jalan Pantai Baru, 59200, Kuala Lumpur
  • 发展商:Atlas Corporation
  • 产权:永久地契
  • 类型:办公&零售
  • 建筑物:6栋
  • 楼层数目:17 - 30
  • 停车位:900
  • 办公面积:500,000 sf
  • 零售面积:160,000 sf
  • 转售价:RM360,000-RM708,200
  • 租金:RM1,650-RM5,733
  • 设备

  • 商务中心
  • 餐厅
  • 有棚停车场
  • 迷你市场
  • 美发院
  • 24小时保安监控
  • 分析

    Plaza Pantai 地理位置优越,处在市中心,方便抵达知名的住宅邻区和多个购物中心,惟在工作时间的交通将非常繁忙。虽然抵达Mid Valley City 原本只需5分钟车程,可由于交通状况很可能需要超过半小时才可抵达。在建筑物内Kerinchi轻快铁站则是很好的替代选择,以避开车龙。目前正兴建着一个有棚的走道,衔接Bangsar South和Plaza Pantai,随着此邻区的办公室供应越来越多,这也意味着Kerinchi轻快铁站日后将更加拥挤。Plaza Pantai的其中一个最大的缺点,就是没有分层地契(strata title),在无正式的地契资料,潜在买家在贷款时将面对很大的挑战。由于发展商Atlas Corporation自2004年清盘,故关于何时可发出分层地契的问题,仍是个未知数。此建筑物已有超过10年的历史,在繁忙的午餐时段,广场内没有太多小食档口,零售区也非常静。以目前的管理维修状况和有限的设施来衡量,每平方尺RM1.25的管理费可说是相当高。但是,由于其优越的地理位置,方便衔接所有主要的商业圈和住宅区,所以Plaza Pantai的租金回酬高于市场。

    Location

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