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.
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:
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.
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:
|7 Oct 2021||Retail||3,267 sf||RM1,472,800|
|25 Jul 2021||Retail||3,267 sf||RM1,472,800|
|31 May 2021||Retail||1,650 sf||RM1,650,000|
|10 Feb 2021||Retail||3,267 sf||RM1,472,800|
|5 Nov 2020||Retail||3,247 sf||RM1,350,000|
|2 Nov 2020||Retail||3,267 sf||RM1,472,800|
|15 Oct 2020||Retail||1,650 sf||RM1,442,800|
Latest Damai Circles for rent listings:
|1 Dec 2021||Shop-Office||4,730 sf||RM6,000|
|28 Nov 2021||Shop-Office||1,500 sf||RM3,800|
|28 Nov 2021||Shop-Office||2,400 sf||RM6,500|
|29 Sep 2021||Office||1,650 sf||RM3,900|
|17 Sep 2021||Retail||2,250 sf||RM13,000|
|23 Aug 2021||Shop-Office||1,650 sf||RM1,300|
|13 Jul 2021||Shop-Office||1,650 sf||RM3,000|
|27 Jun 2021||Office||1,650 sf||RM1,600|
|27 Jun 2021||Retail||1,650 sf||RM3,200|