Verde @ Ara Damansara, Petaling Jaya

  • Pavither
  • 21 November 2019

Verde @ Ara Damansara is an exclusive freehold low-density condominium with a hotel-inspired concept. It sits on 4.808 acres and is modelled from exclusive hotel standards. It comes with resort-style services and facilities to provide residents with a living experience that’s beyond the conventional. These include concierge services, 3-tier security with 24-hour surveillance, card access control system for elevators, eco-conscious and hygienic food waste disposer, covered car park, and lush landscaping.

Emphasis is placed on creating a resort-like ambience. Thus, the development incorporates environmental-friendly features such as lush tropical landscapes, gardens, water features, biological ponds, pools, cascades and artworks.

 Verde @ Ara Damansara is an exclusive freehold low-density condominium with a hotel-inspired concept

The word ‘Verde’ translates to ‘green’ in the Spanish, Portuguese, Italian, and Romanian language. This namesake is reflected throughout the development’s landscape and in the units. Green initiatives in the units include the installation of a rainwater harvesting system, Smart Home System that encourages a paperless environment, and the usage of low volatile organic compound (VOC) emitting materials such as paint, adhesive and sealants.

The development comprises 409 suites in 4 towers. Serenely tucked within the Ara Damansara neighbourhood, Verde @ Ara Damansara is an ideal sanctuary for nature lovers and those who appreciate privacy. The development’s location is linked to many daily conveniences.

This namesake is reflected throughout the development’s landscape and in the units

The soft launch for Verde @ Ara Damansara was held in November 2012. Villamas is an established mid-size property developer with projects dating back to 1995. Other developments include Villa Park at Seri Kembangan, Villamas Apartment, Atmosfera Condominium at Puchong, Bukit Kepong Baru, Serin Residency at Cyberjaya, Zefer Hill Residence in Puchong Jaya, and Cristal Residence in Cyberjaya.

Address: Ara Damansara, Petaling Jaya, Selangor

Property Type: Service Residence

Land Title: Residential

Total Units: 409 (4 towers, 13 storeys)

Tenure: Freehold

Sales Gallery: B-1-6, Plaza TTDI, Jalan Wan Kadir 3, Taman Tun Dr Ismail, 60000 Kuala Lumpur

Year of Completion: 2016

Built-up Area: 1,383 sq ft – 2,110 sq ft

Facilities:

  • Shop
  • Par course
  • Open lawn
  • Half basketball court
  • Herb garden
  • Surau
  • Reflexology
  • Outdoor lounge
  • Feature tree
  • Biological pond
  • Reflective pond
  • Sculpture
  • Water feature
  • Guardhouse
  • Squash court
  • Mini golf
  • Jogging track
  • Multi-purpose hall
  • Landscape park
  • Yoga space
  • Kid’s playground
  • Swimming pool
  • Wading pool
  • Reflective pond
  • Pool deck
  • Piazza
  • Gymnasium

Launch Price: From RM790,500

Maintenance Price Per Sq Ft: RM0.26 psf + 10% for sinking fund

Project Details

Verde @ Ara Damansara comprises 4 blocks of 13-storey serviced condominium and features a total of 409 units. Built-up sizes for the units are between 1,383 sq ft and 2,110 sq ft. Inward facing units will overlook the leisure facilities deck, while outward-facing units will enjoy views of the river, waterways and greeneries.

Verde @ Ara Damansara comprises 4 blocks of 13-storey serviced condominium, and features a total of 409 units

There will be 3 levels of basement car parks, and amenities including a nursery, gymnasium, observation deck, glass-walled gym overlooking an infinity pool, reflective pond, half basketball court, yoga space, whirlpool, sky garden, and function hall, among others. This gated and guarded development also comes with a 3-tier security system. Verde @ Ara Damansara’s launch prices were from RM790,500 to RM1,500,600.

Verde @ Ara Damansara comes with smarthome features.

Unit Types

Built-Up

Launch Price

Type A1 / A1a

·       1,383 sq ft

 

 

 

 

 

 

 

 

 

 

From RM790,500

Type B1 / B1a

·       1,500 sq ft

Type B1b / B 1c

·       1,507 sq ft

Type B2

·       1,532 sq ft

Type B3

·       1,562 sq ft

Type B4

·       1,512 sq ft

Type C1 / C1a

·       1,789 sq ft

Type C2

·       1,759 sq ft

Type C3

·       1,650 sq ft

Type D1

·       2,110 sq ft

Type D1b

·       2,068 sq ft

Type D2

·       2,102 sq ft

 

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Location

 Verde @ Ara Damansara is close to the Sultan Abdul Aziz Shah Airport road, Subang Jaya, Saujana, Taman Mayang, Bandar Utama, Tropicana, and Kelana Jaya.

Verde @ Ara Damansara is easily accessible from the Kuala Lumpur city centre (KLCC) and other established areas via major highways such as North–South Expressway Central Link (ELITE), New Klang Valley Expressway (NKVE), Lebuhraya Damansara-Puchong (LDP), Federal Highway, and New Pantai Expressway (NPE).

The development is also close to the Sultan Abdul Aziz Shah Airport road, Subang Jaya, Saujana, Taman Mayang, Bandar Utama, Tropicana, and Kelana Jaya. Nearby shopping options include Citta Mall, Evolve Mall, and Paradigm Mall.

Accessibility

  • North–South Expressway Central Link (ELITE)
  • New Klang Valley Expressway (NKVE)
  • Lebuhraya Damansara-Puchong (LDP)
  • Federal Highway
  • New Pantai Expressway (NPE)
  • Tunnel-link via NZX to Kelana Jaya
  • Tunnel-link via Tropicana Golf and Country Club to LDP
  • Subang Airport highway to NKVE and Federal
  • Ara Damansara LRT station
  • Lembah Subang LRT station

Education

  • SMK Lembah Subang
  • Japanese School of Subang Jaya
  • IOP International Preschool Kinderland 
  • Asia Pacific Smart School
  • Sri KDU International School
  • INTI College
  • Taylor’s College
  • Metropolitan College
  • Monash University Sunway University

Medical Care

  • Sime Darby Medical Centre Ara Damansara
  • Sime Darby Medical Centre Subang Jaya
  • Ara Damansara Medical Centre
  • Sunway Medical Centre
  • Tropicana Medical Centre

Shopping

  • Citta Mall
  • Evolve Mall
  • Tesco Extra
  • Paradigm Mall
  • 3 Damansara (previously known as Tropicana City Mall)
  • Empire Shopping Gallery
  • Subang Parade
  • Sunway Pyramid

Recreation

  • Oasis Square
  • Tropicana Golf & Country Club
  • Saujana Golf & Country Club
  • Kelab Negara Subang
  • Glenmarie Golf & Country Club
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Analysis

Ara Damansara’s target market comprises the upper-middle-class segment. The township is surrounded by retail centres, shops, dining options, medical centres, and neighbouring golf and country clubs. Another factor working in the area’s favour is its good connectivity, with no fewer than four major routes into Kuala Lumpur. These include the North-South Expressway (leading into the Duta-Ulu Klang Expressway (DUKE)), the Sprint Expressway, the Federal Highway and New Pantai Expressway (NPE). The Ara Damansara township is also served by 2 LRT stations in the Kelana Jaya Line Extension, namely Ara Damansara and Lembah Subang.

Ara Damansara features a range of residential products, including bungalows, double-storey linked, semi-detached homes, apartments, and condominiums. The township has a concentration of high-rise and commercial developments as you enter through Jalan Lapangan Terbang Subang. But as you move towards the Tropicana Golf & Country Resort, you will be greeted with more open spaces and greenery, where the landed properties are.

Verde @ Ara Damansara plays emphasis on a hotel style concept.

Verde @ Ara Damansara has proven to be popular among working professionals and younger families.

Here’s a quick look at high-rise properties in Ara Damansara.

Project

Land Tenure

Unit Type

Completion

Built-up

Approximate Launch Price

Verde @ Ara Damansara by Villamas Group of Companies

Freehold

Service Apartment

2016

1,383 sq ft – 2 ],110 sq ft

From RM790,500

Pacific Place by Island Circle Development (M) Sdn Bhd

Leasehold

Service Residence

2013

708 sq ft – 1,325 sq ft

From RM320,000

H20 Mizu by Epoch Property (a subsidiary of Titijaya Group)

Freehold

Condominium

2018

750 sq ft – 888 sq ft

From RM652,000

AraGreens Residences by HSB Development Sdn Bhd

Freehold

Condominium

2016

684 sq ft – 3,834 sq ft

From RM480,000

The Potpourri by See Hoy Chan Sdn Bhd

Leasehold

Condominium

2018

525 sq ft – 2,440 sq ft

From RM557,800

The Maisson by Newfields Group

Freehold

Service Apartment

2017

500 sq ft – 1,594 sq ft

From RM360,000

AraTre’ Residences by Puncakdana Sdn Bhd

 

Leasehold

Service Residence

2020

775 sq ft – 1,227 sq ft

 

From RM430,000

 

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Summary

Depending on pricing and location, the demand for serviced apartments in Ara Damansara skews positive, and the best-selling property type in Ara Damansara is the terraced house.

In 2018, the average price of serviced apartments in Ara Damansara is between RM600 psf and RM700 psf, with a rental yield of about 4% to 5%. Most serviced apartments in Ara Damansara attract owner-occupiers and investors. Some of the key drivers in Ara Damansara are its accessibility, and there may also be a spill-over effect from Kwasa Land developments towards the north of Ara Damansara.

As for Verde @ Ara Damansara, the average price for a 1,383 sq ft furnished unit that is listed in PropertyGuru as at November 2019, is RM920,000. If you are interested in such a unit, and opt to take a 30-year 70% LTV loan of RM644,000, the monthly repayment would be approximately RM3,187 (based on an interest rate of 4.3%). The monthly repayment figure is derived from the PropertyGuru Home Loan Calculator.

To know exactly how much home loan you can get from the banks and whether you can afford this property, you can use the PropertyGuru Loan Pre-Approval. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

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Eric Wong

Pavither

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