Damai Circles, Alam Damai, Cheras

Damai Circles (also known as Damai Circles Business Suites) is a leasehold shop-office development located in Alam Damai, Cheras. There are 54 units available at this project with built-up from 3,267 sf for offices and 3,247 sf to 4,464 sf for shop-offices. It was developed by I&P Group (aka Island & Peninsular) with a launch price at around RM450 psf, and was completed in about 2018.

I&P Group (aka Island & Peninsular) is a very large-sized real estate group, and it has constructed around 109 real estate projects in Malaysia. Other similar projects by the same developer are BZJ5, BZJ6, BZJ7, BZJ8, BZJ9, Business Zone, Damai 26, Forty 5 and The Corner.

Property Type
Shop-Office
Land Tenure
Leasehold
Built-up
3,267 sf (Office)
3,247 sf - 4,464 sf (Shop-Office)
Market Price
RM1,400,000 (Office)
RM1,360,000 - RM1,740,000 (Shop-Office)
Density
54 Units
Completed In
2018
Launch Price
About RM450 psf

The only amenities nearby this shop-office development are some schools. Some of the schools here are A Star Kids Montessori Pre School, SA Al Mubarakah, SK Seri Anggerik, SRA Al Mukhlisin and Sekolah Islam Integrasi Tahfiz As Syakirin.

The current rental yield of Damai Circles is 6.2% for shop-offices. The highest rental yield ever recorded was 6.2% in Q3 2019 (shop-office); while the lowest one was 4.82% in Q4 2018 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Office Layouts

The most popular layout and size (built-up) combination at Damai Circles for offices is 3,267 sf with a median price of RM430 psf. For price wise, the most expensive one is 3,267 sf with a median price of RM430 psf; while the cheapest one is 3,267 sf with a median price of RM430 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at Damai Circles for shop-offices is 4,464 sf with a median price of RM390 psf. For price wise, the most expensive one is 3,267 sf with a median price of RM420 psf; while the cheapest one is 4,464 sf with a median price of RM390 psf.

Latest Damai Circles for sale listings:

DateTypeBuilt-upPrice
7 Oct 2021Retail3,267 sfRM1,472,800
25 Jul 2021Retail3,267 sfRM1,472,800
31 May 2021Retail1,650 sfRM1,650,000
10 Feb 2021Retail3,267 sfRM1,472,800
5 Nov 2020Retail3,247 sfRM1,350,000
2 Nov 2020Retail3,267 sfRM1,472,800
15 Oct 2020Retail1,650 sfRM1,442,800

Latest Damai Circles for rent listings:

DateTypeBuilt-upRental
TodayRetail-NA-RM4,500
1 Dec 2021Shop-Office4,730 sfRM6,000
28 Nov 2021Shop-Office1,500 sfRM3,800
28 Nov 2021Shop-Office2,400 sfRM6,500
29 Sep 2021Office1,650 sfRM3,900
17 Sep 2021Retail2,250 sfRM13,000
23 Aug 2021Shop-Office1,650 sfRM1,300
13 Jul 2021Shop-Office1,650 sfRM3,000
27 Jun 2021Office1,650 sfRM1,600
27 Jun 2021Retail1,650 sfRM3,200
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