1 Commercial Property for Sale at Permai Square

Updated: 29th May 2021 Permai Square is a leasehold commercial development located in Bandar Putra Permai, Seri Kembangan, Selangor. The development comprises 23 units of single-storey and 4 units of double-storey shop offices. This commercial development project was developed by Taman Equine (M) Sdn Bhd, a subsidiary company of Global Oriental Berhad. Nestled in the satellite township of Bandar Putra Permai, just 4 km from Seri Kembangan town, Permai Square is a fast-growing residential and commercial address. Due to its proximity to Putrajaya, the township has attracted many home buyers, especially those working in Putrajaya, Puchong and Cyberjaya. Hence, the increase of population in the area has made the non-residential components such as Permai Square, an attractive investment with good potential of capital appreciation. Permai Square is easily accessible via Damansara-Puchong Expressway, Bukit Jalil-Puchong Expressway, Lembah Klang Selatan Highway and Maju Expressway. Permai Square comprises two blocks of shop offices. The corner and end units are a double storey with a built-up area of 2,340 sq ft, while the intermediate units are single storey and each unit has a built-up area of 1,625 sq ft. Permai Square is complemented with ample parking space. There are some local and international schools located within the vicinity of Permai Square. SK Taman Desaminium, SJK (C) Bukit Serdang, SMK Taman Desaminium, Rafflesia International & Private School, Taylor’s International School Puchong, Alice Smith School-Secondary School and Aberdeen Academy are just within a 10-minute drive away. Permai Square is also located near several higher learning institutions such as The Putra Intelek International College, Oxford Business College, CQ-Test Tvet College, FTMS College, University Putra Malaysia, LimKokWing University, Asia Metropolitan University, Heriot-Watt University and Universiti Tenaga Nasional, which are all just within a 15-minute drive away. For medical services, Permai Square is just within a 2-minute drive from Klinik Qistina-Seri Kembangan. Meanwhile, medical centres such as Hospital Columbia and Serdang Hospital are about a 12-minute drive away. The retail shops operating nearby include Mr. DIY, JS Kitchenware Sdn Bhd, Party Gadget, Stop & Shop-Bikes Accessories, Nana Nine Pets World, Madness In Machine, and Cosway Pusat. Permai Square is also within a 2-minute drive to Giant Seri Kembangan, Serdang Mall and Arab Mall. Food is readily available within the two blocks of the shop office at Restoran Thai Plate and Ali Food Corner, in addition to several food stalls. Apart from that, there are also many nice eating places located nearby such as Leng Loong Seafood Restaurant, My Vegetarian, Yoon Ping Noodle House, Restoran Hai Thian, Iron Chef House, TK Letchemi Restaurant and Aunty Rozy’s Kitchen. Global Oriental Berhad was incorporated in 1992 and listed on the Main Board of Bursa Malaysia in 2003. The group’s main core activity is property development. Its township developments comprising mixed residential and commercial properties are located mainly in Klang Valley. Over the years, Global Oriental has completed and delivered numerous residential and commercial properties. The group portfolio of completed projects includes Villa Heights, Galleria, Springville Residence, Mega Square, Palomino, Sovereign, Mestika Square, Cahaya Permai and Eminence. The current selling price for the double-storey unit is RM 1,600,000 while the single storey unit is going at RM 530,000. For other projects within this price range, check out this list of properties. Permai Square offers commercial shop offices in a fast-growing township surrounded by densely populated areas like Serdang, Seri Kembangan, 16 Sierra, Alam Sanctuary and Taman Puncak Jalil. With the completion of more residential properties and more residents moving into the area, Permai Square has an immediate potential catchment of 160,000 to 200,000 people within a 5 km radius. Strategically located between Kuala Lumpur and Putrajaya, Permai Square has emerged as a good area for property investment and business developments as there is potential for capital appreciation in the medium to long term period.