Medan Maju Jaya is a commercial enclave located within the matured vicinity of PJ South. It is within close proximity to several other neighborhoods, namely PJS 1, PJS 2, PJS 3, and Sri Manja Square.Medan Maju Jaya is developed on a 4-acre leasehold supermarket lot, which comprises a total of 40 units. There are 8 units of 3-storey corner shop-offices and 32 units of 2-storey intermediate shop-offices. Units within the development have an average built-up size of approximately 3,000 sf.Being located within the neighborhood of PJ South, Medan Maju Jaya is located within close proximity to a wide array of amenities that are easily accessible. Apart from the many local eateries, mini markets and bank facilities, tenants could opt to head to shopping malls like Sunway Pyramid and Tropicana City Mall - both of which are no more than 10-minutes drive away.Furthermore, Medan Maju Jaya is situated in the center of many other residential neighborhoods. This would be an invaluable benefit for small local business as the development enjoys great exposure and convenience. Business owners could potentially experience a high influx of walk-in customers. Apart from that, several schools are situated nearby such as SK Taman Medan, SK Taman Dato Harun and SJKC Sungai Way.Another plus point would be the ease of accessibility to and fro Medan Maju jaya as there are several major highways currently serving the enclave, as well as various forms of public transportation. The development is practically right in front of Pantai Baru highway, while highways like NPE, LDP and Kesas highway effectively connects commuters to rest of Malaysia. KTM Kampung Dato Harun and KTM Seri Setia can be found within a 1km radius.
Property Details
Name: Medan Maju Jaya Address: PJ South, Petaling Jaya, Selangor Type: Shop-Office Tenure: Leasehold No. of Storey: 2 - 3 No. of Units: 40 Land Area: 4-acre Built-up: 3,000 sf Subsale Price: Rental: RM2.00 psfFacilities
Parking Mini market ElevatorAnalysis
Medan Maju Jaya would be an ideal choice of investment for small local businesses due to several factors. First and foremost would be it's strategic positioning amidst an abundance of residential enclaves - this would inevitably draw large numbers of people, potentially increasing walk-in customers while at the same time establishing brand awareness and exposure.Priced very affordably at RM550 psf, Medan Maju Jaya is comparatively cheaper than most other similar developments. The rental rates are very reasonable as well - which might lead some to speculate the potentiality of investment. Owners would be able to enjoy decent return on investment, and need not have to worry about sourcing for tenants.
