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1 First Avenue, Bandar Utama

1 First Avenue is a Grade-A office tower nestled in the established Bandar Utama enclave. It is claimed to be the only ‘Green Building’ in Petaling Jaya. It is situated next to 1-Utama Shopping Centre, 8 First Avenue, One World Hotel and Sri Pentas.

This 25-storey Grade-A office tower is completed in early 2010. It has been recognized as a MSC Status building. It offers office sizes ranging from 3,100 sf up to 75,000 sf with 2 units per floor. It has 25,000 sf of floor plate with a gross floor area of 625,000 sf for lease.

Each unit at 1 First Avenue is built with individual sky balcony. Facilities provided include basement car park bays, centralized air-conditioning system, 24-hour security with CCTV surveillance and cleaning service. The top floor incorporates a helipad.

The structure of 1 First Avenue features a built-in raised floor system for flexible provision of telecommunications and power. Besides that, it has dedicated power supply for secured IT UPS back-up if power failure event occurs. It is also equipped with dedicated secured telecommunications ducts for the IT requirements of tenant. It also boasts generous ceiling height of 3,150mm and ample column span of 16.8m.

Being a green building, 1 First Avenue is equipped with rain water harvesting system that recycles rain water for air-conditioning cooling towers system, toilet flushing and landscaping. It is also an Energy Efficient Building.

Property Details

  • Name: 1 First Avenue
  • Address: Dataran Bandar Utama, Bandar Utama, Petaling Jaya, 47800 Selangor
  • Developer: See Hoy Chan
  • Completion Date: Early 2010
  • Type: Corporate office
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 25
  • Built-up: 3,600 – 75,000
  • Rental: RM1,300 - RM4,100

Facilities

  • Basement car park bays
  • Cleaning service
  • Centralized air-conditioning system
  • 24-hour security with CCTV surveillance

Analysis

1 First Avenue is indeed among the most strategic located corporate office in Petaling Jaya. Sited in well-established neighborhood of Bandar Utama, its location is well-positioned in between 1 World Hotel and 1 Utama Shopping Centre.

Hence, your clients can enjoy their stay at the 5-star hotel for meetings and conference within walking distance-convenience to the office. You will also enjoy abundance of restaurants, cafes and fine dining in the shopping mall.

However, the rental rate of 1 First Avenue is quite high compared to surrounding office towers. Corporate office rate in nearby Mutiara Damansara such as Menara UAC and Menara KLK are asking at 10% below 1 First Avenue. PJ Trade Centre is asking at 20% below the rental rate here. Perhaps, that is the price for a MSC status building which is still rare.

Find Me Good Deal @ 1 First Avenue