Menara MBPJ which is also known as Menara Majlis Bandar Petaling Jaya or MBPJ Tower was previously known as Menara MPPJ (Menara Majlis Perbandaran Petaling Jaya). It is a government building located within PJ State, which is also known as PJ New Town. It was officially opened in the October of 1987. It is located in the heart of Petaling Jaya, and is the business hub of the city. Menara MBPJ is a landmark high rise building that consists of 27 storeys within a single block. It has an approximate built-up of 163,869 sf with multiple sizes of office for lease, ranging between 1,200 sf and 7,800 sf. Rental here is mostly on a yearly basis, at an average rate of RM3.20 psf.All the units rented out at Menara MBPJ comes bare, while the facilities provided include a multi-storey parking lot that consists of four storeys, housing a total of 83 parking bays. Security here is tight around the clock, and all units enjoy centralised air-conditioning. The whole building is furnished with high speed broadband, and there is a cafeteria within the building itself.Tenants of Menara MBPJ will not suffer from lack of necessities or from boredom of the same food everyday, as just downstairs of the building are many shops including a Chinese medical hall by the name of Tong Woh, as well as many Chinese eateries and mamaks. Also available within short walking distance is the fast food chain KFC.Banking facilities are abundant around Menara MBPJ as all the banks are located here, including Standard Charted Bank, HSBC, Maybank, Public Bank, RHB, Affin Bank, Bank Simpanan Nasional and many more. Also located in this area is the popular Lotus Five Star State Cineplex, as well as a few bakeries, mini marts, a large open air parking lot and a college.Also in the area of Menara MBPJ is the Tenaga Nasional Berhad building (TNB) as well as Telekom, making paying bills during lunch a convenience. The closest shopping mall in the PJ State area is Amcorp Mall which hosts a number of restaurants including a genuine Japanese restaurant run by a Japanese family and a number of other restaurants such as Sri Melaka, a Korean restaurant and McDonald's, as well as the Giant hypermarket. Menara MBPJ is connected mostly by one way roads, which smoothens out the traffic considerably. Access to the Federal Highway is extremely easy, which in turn provides easy access to the SPRINT Highway and the New Pantai Expressway (NPE) through Bangsar South. Public transportation is extremely convenient as well as the area is within walking distance of the Taman Jaya LRT station. There are also many bus stops, with numerous RapidKL busses that head to different areas and different destinations.
Property Details
Name: Menara MBPJ Address: Jalan 52/18, 46200 Petaling Jaya, Selangor Completion Date: 1987 Type: Office Tower No. of Blocks: 1 No. of Storey: 27 Built-up: From 1,200 sf Rental: From RM3.20 psfFacilities
24-hour security Covered multi-storey parking Centralized air-conditioning Cafeteria High speed broadbandAnalysis
Menara MBPJ is located in one of the most central areas of Petaling Jaya. It is an extremely busy area with no parking during weekdays, where Mondays and Fridays have the worst traffic conditions as people rush to bank in or withdraw money before and after the weekends. As such, traffic is usually extremely bad with much illegal parking beside the road. The area is however rather woebegone during the weekends as all the shops will be closed with the exception of the Chinese medical hall, Poh Kong and a few other enterprising shops.The area surrounding Menara MBPJ is extremely hectic during weekdays. The streets and restaurants will usually be crawling with businessmen and businesswomen during lunch hours, with many cobblers around as well as shops that operate from their vans. A very popular 'rojak' shop and 'yong tau foo' shop also opens during weekdays behind Standard Charted Bank, beside Tong Woh, just below the MBPJ Tower.This purely commercial area around Menara MBPJ is excellent as an investment as prices are guaranteed to never drop due to the extremely high traffic flow and outstanding location. As such, shops here are also almost impossible to obtain. The ones that make it to the market costs an insane RM2,182 psf, and usually tenants who own the shops will seldom ever let their units go.
