IKEA isn’t the only perk you get to enjoy living in Damansara Perdana, its investment potential and future growth are just waiting to be discovered.
Once an Orang Asli village, Damansara Perdana started seeing the light of development in 1996. Ever since then, the 750-acre township has been thriving alongside its neighbours Bandar Utama and Mutiara Damansara. Although it may seem to have flourished on its own, its full potential however, has not been discovered. Vivahomes Realty’s Head of Project Sales, Patrick Chen, shares the top 4 reasons Damansara Perdana still holds a strong investment potential in terms of capital appreciation and investment returns.
1. Affordable price range
Without a question, this makes it quite popular among the middle income working professionals. If you observe, new developments in these areas have better resale market value compared to those situated in developing areas – rental return is more stable and they pose a lower risk for investors/buyers. All these are factors that attracted investors to part with their money and purchase properties here.
Property prices in Damansara Perdana are still considered low compared with properties in matured areas such as KL, Bangsar, Petaling Jaya and even Subang Jaya. One of its biggest advantages is its location which is in the gateway of KL and Petaling Jaya and the fact that it is surrounded by high-end neighbourhoods like Mutiara Damansara, Mont Kiara, Damansara Heights, TTDI and Tropicana.
2. Upcoming development and new infrastructures
There is also higher potential for infrastructure upgrades by the government such as public transportation system and etc. Empire City for instance, upon completion will house the biggest shopping mall in Petaling Jaya. Although this development received some backlash from the public last year, the development is still progressing smoothly. Furthermore, with the completion of phase two that consists of office tower, conversion central, concert hall, hotel and business hub, it is expected to create job opportunities and increase the demand in the area.
3. Highly accessible location
It is highly accessible via three major highways: SPRINT Highway (Penchala Link), Lebuhraya Damansara-Puchong and NKVE, which makes it a great choice for those working outside of the city centre as well as those working in the heart of the city. For those who rely on public transportation, Mutiara Damansara MRT station sits just five minutes away.
4. Surrounded by commercial hubs and amenities
Some of the other advantages are its proximity to so many grade A office towers – such as Menara LHDN, Menara Mudajaya, Surian Tower, Menara TSR, Menara Mustapha Kamal and many more – and other nearby amenities such as The Curve, Royal Bintang Hotel, Tesco, and IKEA that serve the surrounding businesses and the needs of the residents.
Young adults working in these offices would prefer to live somewhere either within a short walking distance of the very least driving distance. The nearby amenities add convenience to their already busy schedule which is why the location will serve the working crowd well.
You can checkout our listings on the available affordable properties in Damansara Perdana.