The Parque Residences is the first high-rise residential development in Eco Sanctuary. The 27-acre development is the third phase of the 308-acre Eco Sanctuary township at the south of Kota Kemuning.
Continue Reading ⋅ 14 December 2021
Damansara Foresta was developed by Land & General Berhad, the master developer of the Bandar Sri Damansara township in northern Petaling Jaya, Selangor. The firm’s completed projects consist of The Elements in Ampang, as well as 8TRIUM and Bandar Sri Damansara, both of which are in Sri Damansara.
Damansara Foresta will be sited on 42 acres of freehold land with a residential title, and the development will comprise 928 condominium units spread across 4 blocks. However, only 21 acres have been used for the residential buildings; half of the land area has been retained as a “natural playground” for outdoor facilities and about 3,000 trees.
This development was completed in 2015, so successful buyers can move into their new homes upon making their purchase.
Address: Persiaran Meranti, 47820 Bandar Sri Damansara, Selangor
Property Type: Condominium
Land Title: Residential
No of Storeys: 36
No of Blocks: 4
Total Units: 928
Tenure: Freehold
Sales Gallery: Damansara Foresta Condominium, PJU 9, Persiaran Meranti, Bandar Sri Damansara, 52200 Kuala Lumpur, Selangor
Site GPS Coordinates: 3.181741, 101.611708
Expected Date of Completion: 2015
Built-up area: 1,425 sq ft – 1,610 sq ft
Facilities:
- Tea house
- Fruits orchard
- Herb garden
- Camping area
- Suspension bridge (forest)
- Sky walk
- Flying fox
- Hammock garden
- Nature trail
- Rain harvesting zone
- Elevated trail
- Biking track
- Tree-house checkpoint
- Look-out point
- Canopy walk
- Multi-tiered security
- Swing walk
- Wading pool
- Tunnel walk
- Yoga pavilion
- Bird sanctuary
- Sauna
- Resting pavilion
- Multipurpose hall
- Crawling-on-space net
- Swimming pool
- Tree swing
- Jogging track
- Terrace fall
- Dance room
- Climbing rope
- Roof garden
- Fruits cabana
- Reading area
- Game room
- Squash room
- Laundry room
- Childcare centre
- Open-air badminton
- Gymnasium
Launch Price: From RM570,000 (Block A)
Price psf: From RM400 psf (Block A) to RM550 psf (Block C)
Maintenance Fee psf: RM0.25 per sq ft
Parking Bay/s per Unit: 2
Project Details
At Damansara Foresta, buyers have a limited choice of layouts, with condominium units measuring from 1,425 sq ft to 1,610 sq ft (they’re satisfactorily spacious though). These come with 3+1 bedrooms and 3 bathrooms, with the launch prices starting from RM570,000, which works out to approximately RM400 per sq ft.
|
Unit Type |
Built-Up |
No. of Rooms |
|
A1 |
1,425 sq ft |
3+1R, 3B |
|
A2 |
N/A |
3+1R, 3B |
|
D |
N/A |
3+1R, 3B |
As stated previously, half of the freehold project’s land area has been set aside for trees and outdoor facilities. The latter includes a flying fox tower, nature trail, elevated trail, and jogging track.
Apart from a swimming pool, wading pool, sauna and yoga pavilion, Damansara Foresta also features a resting pavilion, terrace fall, tree swing and crawling on space net. There is also a tea house, herb garden, fruits cabana, fruits orchard, hammock garden, and roof garden.
In addition, the development has exciting recreational facilities, such as a suspension bridge, canopy walk, swing walk, tunnel walk, bird sanctuary, climbing rope, camping area, and sky walk. But please note that while Damansara Foresta residents have interim exclusive access to the aforementioned outdoor forest facilities, these will be handed over to Petaling Jaya City Council (MBPJ) in 2022, so that they can be used by the public as well.
Another attractive thing about the project is that the project is perched 180 metres above sea level, providing residents with fantastic views over Kepong and Damansara.
Location
Situated in the thriving township of Bandar Sri Damansara, Damansara Foresta benefits from having a tranquil and serene location surrounded by thousands of trees and plants as it’s just next to the Bukit Lanjan Forest Reserve. Imagine waking up every morning to the cool crisp air and the sound of birdsong!
However, despite its seemingly remote location, Damansara Foresta is just a short drive from top shopping destinations like the 1 Utama Shopping Centre, Ikano Power Centre and The Curve, as well as hypermarkets such as Carrefour Kepong, Giant Kota Damansara, Tesco Mutiara Damansara.
One main reason for the excellent accessibility is that Damansara Foresta is well-connected to major roads. These include the Penchala Link, Sprint Highway, Jalan Kepong-Sungai Buloh, Middle Ring Road (MRR2), Damansara-Puchong Highway (LDP), New Klang Valley Expressway (NKVE), and Duta-Ulu Kelang Expressway (DUKE).
Moreover, this super ecocentric project is also within proximity to learning institutions, (including reputable international schools) such as SMK Bandar Sri Damansara 1, SMK Bandar Sri Damansara 2, SK Bandar Sri Damansara, SJK(C) Desa Jaya 2, SK Bandar Sri Damansara 3, Sekolah Menengah Sri Bestari, Sekolah Sri Bestari, SK Bukit Lanjan and Sekolah Rendah Sri Bestari. Also nearby are Twintech University, Sri KDU Smart School, British International School KL, and the ELC International School.
Analysis
|
Name of Development |
Land Tenure |
Property Type |
No. of Units |
Built up |
Selling Price |
|
Damansara Foresta, Bandar Sri Damansara |
Freehold |
Condominium |
229 |
1,425 sq ft – 1,610 sq ft |
From RM570,000 |
|
E-Suites Designer Suites, Emerald Avenue, Prima Selayang |
Freehold |
Serviced Apartment |
188 |
612 sq ft – 1,190 sq ft |
From RM350,000 |
|
Amanja Semi-D Suites, Sri Damansara |
Freehold |
Serviced Apartment |
224 |
791 sq ft – 2,300 sq ft |
From RM575,000 |
Pros
Units at Damansara Foresta were quickly snapped up after their launch due to the affordability of the condo units, and the highly-coveted location right next to nature. As you can see from the table provided, prices at the subject development is reasonable compared to other freehold projects in the area – Emerald Avenue and Amanja. Apart from that, Damansara Foresta sports many wonderful facilities.
Cons
High-rise residential projects on hill slopes face a higher risk of landslides, building collapse or structural damage. As such, these developments need to be constructed following stringent standards due to higher risks, unless you want a repeat of past tragedies.
Nonetheless, the developer strengthened the project’s foundation a year before launching the first block. Landslide risks are also reduced by the granite ground. However, there is still some risks. In fact, in Jan 2019, a large sinkhole emerged at the entrance of a high-end residential project in Bandar Sri Damansara.
Summary
Green power, affordability and the mature location of Bandar Sri Damansara. These are the 3 things that made Damansara Foresta popular with homebuyers. Coupled with the freehold status, condominiums at this project are optimal for own occupation and for investment. However, there are still some worries over possible landslides in the area.
Assuming you take a 30-year 80% LTV loan of RM456,000 with an interest rate of 4.6%, your monthly repayment for a unit works out to about RM2,338 per month.
Based on property experts’ advice that your mortgage monthly repayment should not exceed 30% of your salary, property buyers will need a minimum monthly income of RM7,794 to afford a unit at Damansara Foresta. However, please note that the prices in the development have already increased (no surprises there), and launch prices of the first block vary from the other 3 buildings.
