Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Damansara Seresta is a development of condominiums, under the Land & General Berhad company. This developer has been involved in the development of properties both locally and internationally, with some of their most successful local projects including The Elements in Ampang, Damansara Foresta in Bandar Sri Damansara, and Bandar Sri Damansara. Their sole international project is located in Melbourne, Australia, and goes by the name of Hidden Valley.
Their new project, Damansara Seresta, is located within their township Bandar Sri Damansara. This latest project will comprise a premium residential titled condominium of low density that caters to nature lovers, and those who desire a quiet environment. It is estimated to be completed by the year 2022.
Address: Damansara Seresta, 52200 Petaling Jaya, Selangor
Property Type: Condominium
Land Title: Residential
No of Storeys: 49
No of Blocks: 2
Total Units: 452
Tenure: Freehold
Sales Gallery: Forest A Sales Gallery lot 62531, Persiaran Meranti, Bandar Sri Damansara PJU 9, 52200 Kuala Lumpur
Site GPS Coordinates: 3.182171, 101.613428
Expected Date of Completion: 2022
Built-up area: 1,291 sq ft – 1,778 sq ft
Facilities:
- Verdant Garden
- Indoor Games
- Squash Court
- Indoor Basketball Court
- Tennis court
- Café lounge
- Grand Pavilion
- Reading Lounge
- Courtyard Garden
- Seresta Creek
- Lawn
- Multipurpose Hall
- Hammock Ridge
- Leisure Deck
- Aqua Playzone
- Picnic Zone
- Chess Terrace
- Children’s playground
- BBQ deck
- Forest Bridge
- Cascading Waterfall
- Floating Seats
- Reading Lounge
- Viewing Deck
- Water Terraces
- Yoga Deck
- Tree House
- Green Glades
- Bird Hides
- Moon Deck
- Sky Pool
- Kid’s Pool
- Sky Bridge
- Sky Yoga Deck
- Sky Gymnasium
- Sauna Room
- Theatre Lounge
- Star Gazing Deck
- Garden Retreat
- Fitness Studio
Launch Price: From RM826,240
Price psf: From RM640 per sq ft
Maintenance Fee psf: N/A
Parking Bay/s per Unit: Between 1 – 2
Special Features:
- Stunning unobstructed nature/city view
- Next to 20 acres of forest reserve
- Smart Integration between nature and technology
Project Details
Damansara Seresta is a highly anticipated and desirable development that comprises 2 towers of 49 storeys, housing a total of 452 units – which translates to a low density of about 226 units a tower. The condominium carries a freehold residential title, which adds to its value. Its price is hence on par with what the developer is offering, with a minimum launch price of RM826,240.
Buyers are spoilt of choices with built-ups of a cosy 1,291 sq ft to a spacious 1,778 sq ft. Even the smallest unit is ideal for a standard family with 3 bedrooms and 2 bathrooms, while the largest unit comes with 3+1 bedrooms and 2+1 bathrooms and a minimum launch price of a reasonable RM1,112,360.
|
Unit Type |
Built-Up |
No. of Rooms |
Launch Price |
|
A |
1,291 sq ft |
3R, 2B |
From RM826,240 |
|
B |
1,475 sq ft |
3+1R, 2+1B |
From RM949,000 |
|
C |
1,571 sq ft |
3+1R, 2+1B |
From RM1,022,585 |
|
D1 |
1,778 sq ft |
3+1R, 2+1B |
From RM1,094,300 |
|
D2 |
1,765 sq ft |
3+1R, 2+1B |
From RM1,112,360 |
Residents of Damansara will be pampered by a variety of facilities, including unique ones such as the Theatre Lounge, Star Gazing Deck, Water Terrace, and Cascading Waterfall. Greenery plays a huge part of the development as well, with their Verdant Garden, Courtyard Garden and Forest Bridge among the many other beautiful facilities.
Damansara Seresta is also desirable for a number of special features they offer, such as unobstructed views of either the forest or the city; and its location just next to 20 acres of forest reserve.
Location
Damansara Seresta is a development that enjoys prime location. Not only is it sited within a premium township that specialises in a peaceful and serene environment, but the township is also centrally located to many amenities and some of the top lifestyle spots of the Klang Valley.
Literally just across the highway is the township of Desa ParkCity which is a collection of residential developments, a fully dog-friendly park, The International School @ Parkcity, and the ParkCity Medical Centre.
This township also plays host to an international school that is barely 10 minutes away from the development. Also, within the vicinity are the Sri Bestari International School and various other highly recommended local school such as SJK (Cina) Desa Jaya, SK Bandar Baru Sri Damansara 2, SK Bandar Sri Damansara 1, SK Bandar Sri Damansara (1), SMK Bandar Sri Damansara 2, SMK Bandar Sri Damansara 1, and SMK Bandar Sri Damansara 2.
Not only are there numerous institutions of education in the vicinity, lifestyle amenities are also aplenty in the area. Close to home are the hypermarkets Tesco Kepong and Tesco Mutiara Damansara. Shopping mall options are close by such as the popular Ikano Power Centre, 1 Utama Shopping Centre, and The Curve.
Golf lovers will also be pleased to know that there are two golf courses within a short drive of Damansara Seresta, in form of the Bandar Utama Golf Course and the Valencia Golf Course.
While public transportation is not easily available in the area, motorists will find that they are conveniently connected via a network of highways. There is the New Klang Valley Expressway (NKVE) just outside, which connects residents to the Penchala Link Highway, Damansara Puchong Highway (LDP), and Middle Ring Road 2 (MRR2).
Analysis
|
Name of Development |
Land Tenure |
Built up |
Selling Price |
|
Damansara Seresta, Bandar Sri Damansara |
Freehold |
1,291 sq ft – 1,778 sq ft |
From RM826,240 |
|
Damansara Foresta, Bandar Sri Damansara |
Freehold |
1,425 sq ft – 1,610 sq ft |
From RM570,000 |
|
Amanja Semi-D Suites, Sri Damansara |
Freehold |
791 sq ft – 2,300 sq ft |
From RM575,000 |
Pros
Living in Damansara Seresta has many pros especially its unique location in the midst of a forest while still being conveniently close to many highways. Its affordable entry price is also another plus point, especially with its low price per sq ft of only about RM640.
Cons
There are however concerns about cracks in the foundation early on in the development, which was later on dismissed by a sales agent who explained that it was a result of a stretched foundation under the hot sun. Other concerns include fear of the slope’s angle.
Summary
In short, Damansara Seresta makes a valuable buy if you are looking for a secluded home nestled in the hills and surrounded by nature.
These homes are more suitable for own stay as opposed to those looking for investments, as public transportation, which plays a huge role in property price appreciation, is not readily and conveniently available within close distance of Damansara Seresta.
If the property buyer takes out an RM660, 992 loan (80% LTV) with an interest rate of 4.6% that is payable in 30 years to purchase an RM826,240 unit in Damansara Seresta, the monthly instalment will work out to about RM3,389.
As per experts’ advice that a person’s monthly mortgage repayment should not exceed 30% of their salary, a buyer will need a minimum income of RM11,927 per month to be able to afford a unit at Damansara Seresta.
