Commercial Land Damansara Perdana

A scarce opportunity to secure a converted commercial land parcel within Damansara Perdana, one of Klang Valley’s most established and tightly controlled urban commercial corridors. The site sits within a high-density catchment, surrounded by mature townships, offices, retail components, and major lifestyle developments.

Land Particulars:
Location: Damansara Perdana
Mukim: Sungai Buloh
District: Petaling
State: Selangor
Land Category: Building
Actual Condition: Commercial
Land Size: 4.19 acres
Tenure: Leasehold, expiring 13 May 2108 (balance ±82 years)

Development Context
Damansara Perdana is a fully matured township anchored by residential high-rises, business hotels, offices, medical facilities, and lifestyle retail. The area benefits from immediate connectivity to Sprint Highway, LDP, NKVE, DASH, and Penchala Link, providing direct access to Petaling Jaya, Damansara Heights, Mont Kiara, and Kuala Lumpur city centre.

New commercial land supply in this locality is extremely limited due to planning controls and land exhaustion, making converted commercial plots increasingly rare.

Pricing Perspective
At RM400 per square foot, this land is positioned competitively when benchmarked against:
-Nearby transacted commercial sites within PJ–Damansara corridors that command higher effective psf values for smaller or less flexible plots
-Strata commercial developments where buyers carry higher entry costs without land control or redevelopment flexibility

The pricing reflects the land’s commercial status, strategic urban positioning, and long remaining tenure, while still offering headroom for value creation through redevelopment or repositioning.

Strategic Suitability
The site is suitable for a range of commercial-led schemes, including:
-Mixed commercial developments
-Office or business-centric projects
-Hospitality or serviced accommodation concepts
-Integrated lifestyle or medical-oriented developments