Kelana Parklane Commercial Hub

Parklane Commercial Hub is a shop-office development nestled in the growing SS7 enclave in Kelana Jaya. It is sited on the former Football Association of Selangor (FAS) field, right opposite Kelana Puteri and neighbors Kelana D'Putera, Mahsing’s The Paradigm, Zenith Corporate Park and Kelana Square. This project is a joint-venture project between the SIMA Group and the land owner, FAS.Sprawling over 8.8 acres of leasehold land, this development comprises 92 units of 4½-storey intermediate and 6½-storey corner shop offices – to be developed over 2 phases. The built-up areas offered start from 5,080 sf and up to 7,211 sf. It boasts wide shop frontage of 26-ft wide and various lengths, from 47-ft to 65-ft, with dual and triple frontage. The intermediate 4½-storey units at Parklane Commercial Hub were priced from RM1.8 million to RM2.5 million, while the 6-storey units are priced from RM3.5 million to RM4.5 million. Among the prominent features of Parklane Commercial Hub are unique 'butterfly' roof, and a rooftop SoHo suite with attached bathroom, Jacuzzi, an indoor courtyard and a balcony – that applied to all units. The courtyard is suitable for officemates and friends gatherings and the SoHo is suitable as a meeting room as well as director’s suite. Each unit is fitted with lift facilities.Parklane Commercial Hub also features a wide central boulevard with courtyard which is suitable for pubs, al-fresco dining, entertainment outlets and restaurants. Adding to that, it is also integrated with broadband facilities and the 24-hour security feature consists of security patrol and CCTV monitoring. Parklane Commercial Hub can be accessible via Damansara-Puchong Highway (LDP), New Klang Valley Expressway (NKVE) and Jalan Lapangan Terbang Subang. Besides that, it is approximately 5 minutes to Kelana Jaya RapidKL LRT Station.

Property Details

Name: Parklane Commercial Hub

Address: SS7, Kelana Jaya, Petaling Jaya, Selangor

Developer: Mahsuri Kelana (a subsidiary of SIMA Group)

Completion Date: 2010 (delayed)

Type: Shop-Office

Tenure: Leasehold

No. of Blocks: 16

No. of Storey: 4½ & 6

No. of Units: 92

Lot Size: 26' x 47'; 26' x 52'; 26' x 62'; & 26' x 65'

Built-up: 5,080 sf – 7,211 sf

Maintenance Fee: RM0.20 psf

Launch Price

4½-Storey: RM1.8 million – RM2.5 million

6-Storey: RM3.5 million – RM4.5 million

Facilities

Broadband facilities

24-hour security

CCTV surveillance

Security patrol

Car park bays (over 1,300 bays)

Analysis

The main concern about Parklane Commercial Hub is the area density and traffic congestion. The area is already busy with numerous commercial centres and several blocks of high-rise condominiums. Traffic congestion is a norm in the area during peak hours which is worsened by the narrow-sized road (towards Kelana Puteri) and the lines of cars being parked by the roadside. The road towards the tunnel in front of Parklane Commercial Hub is usually jam-packed during rush hours due to high traffic volume. It is worried that people will avoid stopping by at this commercial hub due to traffic and density factor. Even though Parklane Commercial Hub is strategically located in a matured and growing commercial and residential enclave, it will have to contest a number of contenders including the latest Zenith Corporate Park and The Paradigm. The older ones are FAS Business Avenue and Taman Mayang Industrial Park. These competitors may limit property potential.