Archived Listing - Damansara Perdana, RM 345,000
Damansara Perdana, For Sale at RM 345,000
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Damansara Perdana, RM 345,000
Get Directions HereDamansara Perdana, Neo Damansara , Block-E, Selangor
Description
Facing main frontage. Limited office unit for sale. Brand new with CF obtained. Walking distance to The Curve, Tesco and IKEA. The next happening commercial hub in Damansara Perdana vicinity. Must grab unit. For complete info Pls Call Derick Loh 016-208 2088
Golden Triangle of New Petaling Jaya added another lime spot. A project launched by Emkay group related to Hj. Mustapha Kamal (MKLand) located near entrance of Bandar Damansara Perdana. It consists of shop office, service apartments, block commercial offices and Exhibition hall. I remembered when it first launched, the retail shop lots are fully sold within a week after launched. It is like a commercial and entertainment focused spot that intended to extend the entire Damansara area becomes a preferred mixed development and modernized new Petaling Jaya’s image. Pls Call Derick Loh 016-208 2088
Conclusion
With an average of around RM 300 plus for office and RM 800 plus for retail lots per sf, the upside potential is tremendous. If you compare to shops that already fully occupied at Damansara Perdana. Current retail is already asking around RM 1,100 plus per sf. We recommend a buy call as the rental yield is expected to be around 8% and the capital growth per year is estimated around 15% to 20% until the entire area mature. Pls Call Derick Loh 016-208 2088
Special
The concept of the project is a little like modernized office with retail shop and alfresco. However, I still think it has lake of a theme. I am a strong believer of theme cause it can create a unique environment for the project that is always better then just selling shops. The very special of this project that I can consider is probably they are the only commercial area located at the New Golden Triangle of Petaling Jaya that is for sale. Both One Utama and Mutiara Damansara formed commercial and shopping areas are nothing for sale. Thus, it will be very hot and vital since it is the only area offered for sale.
Secondly, many may not know that recently there are a lot of Koreans are moving into Damansara Perdana. Though it is not the only foreign nation, it is representing a huge portion of the total foreigners in this area. Also, an unconfirmed source said, the service apartment may be by en-block sell to a Korean property company. No matter what is the foreign nation, the retail price here will definitely shoot up if with substantial foreign population are continue to flow in Pls Call Derick Loh 016-208 2088
Against
I have no serious against for this project and only can point to traffic jam at this area. May be, more need to be done in order to smoothen the traffic in this area as beside Neo @ Damansara is also Ritze Perdana 2 and PJ Trade Center. The impact of population per sm is very high. Thus, real practical parking lots can be a challenge in order to offer a nice working and shopping retail environment. Pls Call Derick Loh 016-208 2088
Property Details
- QuikPro No:UP430731
- Property Type:Retail-Office
- Tenure:Leasehold
- Built-Up:821 sq. ft.
- Asking PriceRM 345,000
- Asking Price psf :RM 420
- Maintenance Fee:RM 0.2 per s.f.
- Unit type:Intermediate
- Occupancy:Vacant
- Furnishing:Unfurnished
- Posted Date:22/07/2010
- Facilities:Business Centre, Cafeteria, Covered Parking
