Kelana Centre Point

Kelana Centre Point is a commercial complex which is situated at a rather geographically emphasized business centre. Two combined blocks at a lower 10-storey and a higher 13-storey office tower with various sizes of unit around the range of 1,200 sf. With 380 units of office space or shop, this occupied land easily suggests a hectic and busy environment of ongoing daily business activities.Kelana Centre Point is a mixed commercial development strategically located in Kelana Jaya encompassing Block A (380 units of shop offices in a 10-storey complex) and Blocks B, C and D (three blocks of 13-storey office towers). The tenure is a 99-year leasehold land, expiring on 23 January 2094 held under PM43. Block B and D were sold on 15 May 1999 and 19 December 2003 respectively. Block C was previously held for long term investment by KCPSB. From its strategically located perspective, the Kelana Centre Point is well established on a ground filled with various landmarks, attraction spots, residential area and local commodities from its surrounding. Kelana Centre Point is situated less than a kilometer away from MPPJ Stadium, Sterling and a couple of kilometers away from several renowned hotel spots. The reason for such commotion is due to the fact that Sunway Lagoon Resort is only a little over 3 km away from the Centre Point. This is also one of the main reasons for rapid bursting of endless activities nearby. This commercial district is also located in the centre of other business outlets and shopping malls as well such as the Dataran Prima shops, SS23 shops, and Carrefour Subang Jaya. Not to mention various beverage areas including Asia Cafe Food Court, Kelana Seafood, Ming Tien Hawker Centre, and Crocodile Farm; all of which are less than 5 km apart. As far as education goes, each level of education from primary school SJK Sri Kelana, to a few secondary schools and all the way to Kelana Jaya Community College are all located fairly close to each other and from Kelana Centre Point. There is also an international language learning school of Japanese around the area.

Property Details

Name: Kelana Centre Point

Address: Jalan SS 7/19, Kelana Jaya, 47301 Petaling Jaya, Selangor

Developer: Glomac Bhd

Completion Date: 1996

Type: Commercial Complex

Tenure: Leasehold

No. of Blocks: 4

Block A: Shop-Office

Block B: Wisma Prosper (formerly known as Wisma Goodyear)

Block C: Wisma PNS (formerly known as Wisma Glomac 3)

Block D: Amanah Raya

No. of Storey: 10 & 13

No. of Units

Block 1: 380

Land Area: 7.8 acre

Built-up: 1,200 sf

Maintenance Fee: From RM0.03 psf

Launch Price: About RM300 psf

Subsale Price:

Rental:

Facilities

24-hour security

Cafeteria

Business centre

Analysis

Kelana Centre Point is a subsidiary of Glomac Bhd, which is a company highlighted on property development. The company is making reasonable sales revenue of around RM170 million despite being located in the centre of blooming business area, especially with other malls situated just around the corner.