SS15

SS15 is a popular and vibrant commercial and residential enclave located in the heart of Subang Jaya. It is one of the most well-known commercial centres and education hubs in Klang Valley.The neighborhood of SS15 comprises both commercial and residential properties. Residences here are mainly 2-storey terrace houses, which were completed back in 1988. In addition, there is a medium-rise apartment, namely My Place Apartment, a high-rise serviced residence Menara Rajawali and two high-rise office buildings such as Subang Square and First Subang.There are plenty of amenities in SS15, such as education centres, education institutions, banks, cafes and eateries. Almost all banks branches can be found in the enclave including Public Bank, Affin Bank, Alliance Bank, EON Bank, RHB Bank, Maybank and Southern Bank. It is the internationally renowned education hub of Subang where there are several universities, colleges and private institutions which include Taylor's College, INTI College and Metropolitan College are nestled within the enclave. Adding to that, SS15 is surrounded by many amenities. Just across the street, there is Subang Jaya City Centre (SJCC) in SS16 which comprises Carrefour Subang, Empire Subang, Subang Avenue and Subang Parade. Also, it is merely 2 km from Sunway Pyramid and Sunway Integrated Resort City. Right beside SS15, there are Subang Ria Park and Sime Darby Medical Centre (SDMC) in SS12. SS15 is easily accessible via Federal Highway and New Pantai Expressway (NPE). Besides that, it is near to Shah Alam Highway (KESAS) and North Klang Valley Elevated (NKVE) accesses. It is just minutes away from the townships of Petaling Jaya such as Bandar Sunway, Kelana Jaya, Ara Damansara and Bandar Utama.

Property Details

Name: SS15

Address: Jalan SS 15/1, 47500 Subang Jaya, Selangor

Developer: Sime UEP (a subsidiary of Sime Darby)

Completion Date: 1988

Tenure: Freehold

Type: Commercial & Residential

Subsale Price

Shop Lot: RM3,000,000 - RM7,000,000

2-Storey Terrace: RM980,000 - RM2,300,000

Rental:

Facilities

Covered parking

Street parking

Outdoor park

Playgrounds

Commercial centre

Basketball court

Market Trends

Analysis

The latest development in SS15 is First Subang, a shopping mall cum office suites development. It comprises two towers of office suite on top of a 5-storey retail podium. There are a total of 130 office suites complete with several facilities including 24-hour security with CCTV, rooftop Zen garden, a fitness centre and WiFi connection at common areas. Investment wise, properties in SS15 are undoubtedly good for investment. The terrace price appreciates from time to time, and it also generates high rental yield due to high demand from students. There is still potential for the price to escalate even further due to the LRT extension line development. Besides that, there is an LRT Station under construction along Jalan Jengka in between SS15 and SS17.As for commercial, those shop-offices still have potential to appreciate even higher in terms of rental and price due to the large population of upper-middle class people in the Subang Jaya. Most of the terrace houses in SS15 are very run down and need a lot of renovation to make the house liveable and new. The subsale units of these houses are very limited, hence, they are very expensive.