Plaza Arkadia, Desa ParkCity

  • Pavither
  • 4 June 2019

Perdana ParkCity Sdn Bhd officially launched its Plaza Arkadia at ParkCity Town Center, Desa ParkCity, in October 2018. After 18 years, the 473-acre (191.4 hectares) Desa ParkCity has matured into a dynamic township that focuses on community and family. Desa ParkCity encompasses multi-lifestyle aspects, including:

  • Housing
  • Healthcare – ParkCity Medical Centre
  • Education – The International School @ ParkCity, The Early Years Centre, SJK C Kepong 3, SMK Desa Mahkota
  • Amenities – The ParkCity Club, The Sports Centre, The Central Park, The West Park, The East Park
  • Commerce
  • Conveniences – The Waterfront, Plaza Arkadia

As at November 2018, 3,390 homes have been completed and 2,141 units are under construction in Desa ParkCity. A modern mixed-use 54.36-acre development (ParkCity Town Center) is where the completed commercial hub of the 11.3-acre island site of Plaza Arkadia is located. It aims to serve the affluent Desa ParkCity community and also those in affluent middle-class residential districts.

Plaza Arkadia is designed based on old colonial shophouse style with a contemporary twist and linked by open-air sidewalks and streets. It is envisioned as a lifestyle destination with its ground floor arcade-fronted High Street and first-floor courtyard shops, offices and SOHOs. The developer wanted a place where visitors can move around easily, in a pedestrian-friendly and safe environment.

Property Type (Launched as at May 2019):

  • Shops
  • Offices
  • SoHos

Land Title: Mixed

Total Units: 

  • Shops: 211 units
  • Offices: 139 units
  • SoHos: 167 units 

Tenure: Freehold 

Plaza’s Address: 

Plaza Arkadia, No.3, Jalan Intisari Perdana, Desa ParkCity, 52200 Kuala Lumpur

Gallery GPS Coordinates: 3.048460, 101.586606

Year of Completion: December 2016

Built-up Area: 

  • Shops: From 1,500 sq ft
  • Offices: From 1,000 sq ft
  • SoHos: From 700 sq ft 

Facilities:

  • 13 sets of escalators
  • 16 lifts
  • 2 basements
  • 621 motorcycle parking bays
  • 1,920 car parking bays
  • Courtyard

Launch Price: 

  • Shops: From RM5,400,000
  • Offices: From RM700,000
  • SoHos: From RM500,000

Average Price Per Sq Ft:

  • Shops & Offices: From RM1,400 psf (Ground Floor), from RM970 psf (First Floor), RM715 psf (Second Floor)
  • SoHos: From RM700 psf

The gross development value for Plaza Arkadia is approximately RM1bil, and RM4bil for ParkCity Town Center in total.

Plaza Arkadia in Desa Park City is a lifestyle destination with its ground floor arcade-fronted High Street and first floor courtyard shops, offices and SOHOs

Project Details

Plaza Arkadia is a mixed-development that comprises 211 shops, 139 offices and 167 SoHo units located across eight blocks, with close to 2,000 basement and outdoor parking bays. An open courtyard called The Plaza serves as a focal point, a gathering space for the community, and a stage area for open-air events and plays.

Since its completion in December 2016, Plaza Arkadia has a tenancy rate of more than 70%, with Village Grocer and Maybank as anchor tenants. It also has a variety of local and international F&B outlets, speciality stores and services.

There are 4 storeys at Plaza Arkadia. The ground and first floors, which include a mezzanine, will be used as retail, while the second floor will serve as office space and the third will house SoHo units The eight types of units and they are named Anson, Eaton, Bellamy, Faraday, Campbell, Gurney, Davidson and Hutton.

The HighStreet shops (ground floor) have uninterrupted 28-feet or wider frontages, and double-volume spaces, among others. As for the first floor’s shops, they have large street-facing windows and are highly visible from the streets. The offices will also be designed with uninterrupted 28-feet or wider frontages, while the SoHo units come with kitchen cabinet, hob and hood, refrigerator, combo washer and dryer. Additionally, the SoHo units will either have a view of the courtyards or the view of the High Street.

Office and SoHo units’ tenants can enjoy the everyday convenience of having shops, restaurants, coffee bars, banks, clinics, a supermarket, and many more, within a short walking distance.

Unit Types

Built-Up

Launch Price

December 2016

Shops

 

From 1,500 sq ft

From RM5.4 million

Offices

 

From 1,000 sq ft

From RM700,000

SoHos

 

From 700 sq ft

From RM500,000

 

Plaza Arkadia, Desa Park City has a tenancy rate of more than 70%, with Village Grocer and Maybank as anchor tenants

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Location

Desa ParkCity / Plaza Arkadia is located toward the end of Kepong or Manjalara, which is also known as Kuala Lumpur West. It is linked to all major highways and here’s where they connect you to:

  • Penchala Link (7.5km) –Taman Tun, Mont Kiara, Damansara Heights, Bangsar, Duta, KL city centre
  • Duta-Ulu Kelang Expressway (DUKE) (3 km) – Jalan Tun Razak, Ampang, KL city centre
  • New Klang Valley Expressway (NKVE) (7km) – Petaling Jaya North, Shah Alam, Setia Alam, Klang
  • Damansara-Puchong Highway (LDP) (3.6km) – Petaling Jaya, Damansara Perdana, Bandar Utama, Kota Damansara, SS2, Kelana Jaya, Bandar Sunway, Puchong

Desa Park City is only 13km from KL city centre and the Kepong Sentral MRT station is expected to be completed in 2021.

There are plenty of convenient amenities near Plaza Arkadia including KTM stations, schools, shopping malls, mosques, church, clinics, banks and local eateries. Those who want more lifestyle options can get to nearby malls such as 1 Utama (7km), IPC and IKEA (5km), and all the cafes and restaurants in Sri Hartamas and Mont Kiara (about 10km).

Accessibility

  • Damansara-Puchong Highway (LDP)
  • Middle Ring Road 2 (MRR2)
  • Penchala Link
  • New Klang Valley Expressway (NKVE)
  • Duta-Ulu Kelang Expressway (DUKE)
  • Mahameru Highway
  • KTM – Kepong Sentral
  • MRT station – Kepong Sentral (scheduled to open in 2021)

Education

  • 54-classroom The International School @ Desa ParkCity
  • SMK Desa Mahkota
  • SJK (C) Kepong (3) ParkCity
  • Stamford College

Medical Care

  • 300-bed ParkCity Medical Centre @ Desa ParkCity

Shopping

  • The Waterfront @ Desa ParkCity
  • Tesco Kepong
  • 1 Utama
  • IPC
  • IKEA

Sports & Recreation

  • Central Park @ Desa ParkCity
  • Private club for residents 
  • Taman Tasik Menjalara

Plaza Arkadia, Desa Park City is located toward the end of Kepong or Manjalara, which is also known as Kuala Lumpur West.

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Analysis

Townships like the neighbouring Bandar Menjalara were popular 30 years ago, but today’s purchasers want more, and that’s where Desa ParkCity fulfils this need. ParkCity TownCenter stands out as a compelling destination comprising restaurants, shops, offices, condos, SOHOs, a hotel, a private international school, a private hospital, and a medical and wellness complex. This will bode well for Plaza Arkadia of course.

The shops and offices in Plaza Arkadia could be ideal for businesses to grow and expand, and tenants of the SoHos get to enjoy a work-live situation in a successful and multi-award-winning township.

Apart from Village Grocer and Maybank, many known brands have also set-up their outlets here. Do visit the Plaza Arkadia website to view the latest list of shops.

Here’s a quick review of SoHo units:

Project

Land Tenure

Unit Type

Completion

Built-up

Approximate Launch Price

Plaza Arkadia by ParkCity

Freehold

SoHo

2016

From 700 sq ft

From RM500,000

3 Towers by Dergahayu Sdn Bhd

Freehold

SoHo

2016

424 sq ft – 546 sq ft

 

 

RM366,000

M City Jalan Ampang by Mah Sing

Freehold

SoHo

2016

782 sq ft – 1,330 sq ft

From RM380,000

Empire SoHo by Couture Home

Freehold

SoHo

2010

793 sq ft – 1,193 sq ft

 

From RM203,800

Arcoris SOHO by UEM Sunrise

Freehold

SoHo

2016

496 sq ft – 1,039 sq ft

From RM423,800

 

Plaza Arkadia, Desa Park City the everyday convenience of having shops, restaurants, coffee bars, banks, clinics and a supermarket.

 

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Summary

Formerly a quarry site, Desa ParkCity has been transformed into a well-planned township with a host of facilities for residents and a concept that promotes community interaction and a healthier lifestyle.

When The Waterfront was introduced, it was to serve the daily needs of Desa ParkCity’s residents. However, it went on to draw crowds from neighbouring communities and some who do not live within the vicinity.

As for Plaza Arkadia, the developer took two years to design the project where they took inspiration from classic buildings in Munich, London and Paris, and consulted with foreign developers.

To alleviate the problem of insufficient parking spaces at commercial hubs, the developer has allocate 1,920 parking bays for cars and 621 for motorcycles in two levels of basement across the centre.

Based on the continued success Desa ParkCity’s developments, Plaza Arkadia should perform well too.

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Eric Wong

Pavither

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