4 Commercial Properties for Sale at Menara Mitraland

Menara Mitraland, is a leasehold office building located in Cascades, Kota Damansara. This is the corporated tower that houses the headquarters of Mitraland Group and it standing as the tallest structure in Kota Damansara.This project was developed by Mitraland Group which is one of the most prominent developers in Malaysia. It has a long history of building award-winning and top quality properties around the country over the years since it was established in 1998. This group has continue to grow by leaps and bounds through the leadership of Dato Johan who has been involved in the Malaysian property market for many years. Mitraland Group achievement have won the group several awards in the 2013 Asia Pacific Property awards including the Best Development Multiple Units. The thriving Kota Damansara is about to welcome a new icon - The Cascades. Comprising Retail, Corporate Offices and Serviced Residences, The Cascades is designed to impress with its unique contemporary architecture and prime location surrounded by commercial hubs and a bustling township. Rhythmic architectural lines balance the buildings and exterior spaces. Raised and horizontally flowing earth mounding sets it apart from conventional urban plazas, while water cascades on split levels create a dramatic and contemporary experience. This building is design for green building features that have modern facade with sleek lines and energetic spaces. The inward facing low rise shop-office lots enjoy a personalized sens of space, and easy access through strategically located drop off areas. The Cascades Kota @ Kota Damansara is clearly set to raise the bar on iconic lifestyle hubs in the Klang Valley.Its central location within Kota Damansara’s commercial hub puts The Cascades within easy reach of major highways such as LDP, Penchala Link, and the NKVE. This office tower also nearby with the Giant hypermarket, encorp the strand, cascades residence and also dataran cascades. With a large captive residential catchment of over 400,000 with strong purchasing power, The Cascades is poised to shine. Contemporary touches abound, where lavish glass and aluminium facades designed to let in plenty of natural light create a cosy, inviting atmosphere. Undulating angular highlights accentuate the inner spaces to bring the buildings to life. Never before has North PJ seen a development so iconic. The Cascades is clearly designed for better entertainment, better success and better living. Facilties featured in this project are business center, lift lobby and ample parking which more than 1600 parking bays. Beside that, there also provide CCTV and 24 hours security surveillance. This the tallest office tower in Kota Damansara that high visibility from NKVE and having lush landscaping. The Cascades is surrounded by greens. Four sky gardens, green walls, extensive landscape and water features create an ambience of pure refreshment. This new 4.7 acre mixed development 3-Phase project pioneer a revolutionary to retail, office and living spaces. This ultra modern office towers and apartments offers state-of-the-art amenities, break-taking views and ample parking space. Energy and excitement dominate The Cascades’ design, with sleek lines and energetic spaces. Water features flow within the development, seamlessly merging the indoors and outdoors through a linear plaza that connects pedestrians to each of The Cascades’ components while offering the best of alfresco dining and other activities. The current market prices for Menara Mitraland are from RM490,000 to RM1,010,000 (about RM660 psf); while the monthly rentals are from RM2,300 to RM6,500 (about RM4.15 psf). The highest median price psf ever recorded was RM706 psf in Q3 2017; while the lowest one was RM667 psf in Q2 2018.The current rental yield of Menara Mitraland is around 6.01%. The highest rental yield ever recorded was 6.01% in Q3 2019; while the lowest one was 4.81% in Q2 2019. Meanwhile, the most common unit l of RM660 psf. For price wise, the most expensive one is 1,200 sf with a median price of RM730 psf; while the cheapest one is 1,527 sf with a median price of RM660 psf. Another prestigious project developed by the developer includes Gravit 8 @ Klang. Also, other projects around the area might be worth checking out include Casa Tropicana, Pelangi Damansara, Riana Green Condominium, PJ Midtown, Greenfield Residence, Bandar Sunway and Neo Damansara.