LEA By The Hills is a condo developed by OSK Property, and it is located in the serene area of Taman Melawati.
Continue Reading ⋅ 24 September 2021
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.
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.
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.
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.
|
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 |
Looking for something else? Check out all these other projects in Ara Damansara
Location
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
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 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 |
How about Petaling Jaya? We have an extensive range of project reviews for you!
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!
