Based on 81898 units sold preceding 12 mths.
Compound annual growth rate in median price.
Damansara is a suburb in Petaling Jaya, a Mukim in Petaling District, as well as a parliamentary constituency in Selangor. Selangor is one of the 13 states in Malaysia located on the west coast of Peninsular Malaysia. The Straits of Melaka is to its west while it is bordered by Perak, Pahang and Negeri Sembilan. It is one of the most densely populated areas in Malaysia. Damansara was originally a small harbour-like settlement that was located near the mouth of the Damansara River along the Klang River.
Damansara area is home to several townships, including Damansara Impian, Damansara Kim, Damansara Utama, Damansara Jaya and Ara Damansara, thus ample amenities that are easily accessible. Besides that, the uptown commercial area, which houses the Malaysian branch of several multi-national companies like Orisoft Technology Sdn Bhd and Servier (M) Sdn Bhd are located in Damansara Utama. Damansara is highly accessible by major highways such as Sprint (Damansara Link), Lebuhraya Damansara –Puchong (LDP) and Damansara –Shah Alam Elevated Expressway (DASH).
Damansara has been dubbed the “Golden Triangle” of Petaling Jaya. Amenities are aplenty nearby. There are many parks in close proximity that is a great place for nature lovers and those who are fitness conscious to go to, like Ara Damansara Eco Park and Kota Damansara Community Forest Reserve as there are plenty of activities that they can do there. They can cycle, jog or even walk around the area.
Apart from the parks, Damansara has many places to shop and dine, which is convenient for families and also singles. There are many supermarkets where families can get their groceries from, such as Village Grocer, Jaya Grocer @ Evolve Concept Mall, Tesco Extra Ara Damansara, Giant Supermarket (Kelana Jaya) and Big Blue Fresh Meat. You can find a good selection of restaurants and cafes in Damansara, namely Bon Appetit Restaurant & Café, Restoran Thai Nyonya in Ara Damansara, Dima middle eastern restaurant), Jojo Italian Restaurant and Star Viet Restaurant that offer a variety of local and international cuisine.
Commercially, Damansara is positioned to do well, boasting a Tesco outlet, IPC Shopping Centre, One Utama, the largest IKEA outlet in Southeast Asia and The Curve shopping complex, all of them located within a stone’s throw of each other. One of the biggest advantages for families is the schools that are located nearby, like Asia Pacific Schools, Sri Kuala Lumpur, Sunway International School, Sri KDU Schools and SMK Damansara Utama which are easily accessible to the residents in the neighbourhood. The nightlife is also blooming in this affluent and trendy neighbourhood with clubs like DK Club Kota Damansara, HYDE at 53M, Three Stooges Bar, Tom, Dick & Harry’s, Oasis Square and Kisses Pub & Bistro all located just within a few minutes’ drive. In-case of medical emergency, Ara Damansara Mediviron Clinic (Dr Patrick), The Clinic @ Ara Damansara, Klinik Ng & Ho, Klinik Alam Medic and Klinik Mediviron Pacific Place 24 Jam (24 hours Clinic) are all located close by. There are many places of worship in the surrounding area for the convenience of those living around the area. They are Kingdomcity Kuala Lumpur Bandar Sunway, TTDI Jaya Darbar Sahib, Surau Temasya, Sri Maha Mariamman Temple and Yuen Leong Sing Fatt Temple.
Properties in Damansara are either freehold or leasehold, whereby the price of property is from medium to high in the neighbourhood with a median price of RM 893k. There are many property projects available for those looking to invest and those buying to stay with the likes of, The Zizz Cantara Residences, Emporis, Kota Damansara, Residensi Suasana @ Damai and Tropicana Gardens Dianthus.
Buying, selling, or investing property is a very big decision. Even moving to your desired location can sometimes be very emotional. Using data from more than 15234 listings in Damansara, PropertyGuru aim to help you make the right decisions on selecting property, by providing you helpful news and property statistics such as median and growth in the area, but also our opinion on local neighborhood area.Read More