Damansara Avenue, Bandar Sri Damansara
Damansara Avenue is a freehold integrated office, residential & retail hub located in Bandar Sri Damansara, Petaling Jaya. It comprises Ativo Plaza, Ativo Suites and Azelia Residence. The built-up available at this project is 499 sf to 3,702 sf for condominium units, 600 sf to 1,076 sf for offices, 600 sf to 1,076 sf for offices and 1,667 sf for shop-offices. It was developed by TA Properties Sdn Bhd with a launch price at about RM520 psf for condominium units, and was completed in around 2014.
TA Properties Sdn Bhd is a medium-scale property development company held privately, and it has built about 10 property projects in Malaysia. Other similar projects by the same developer are Alix Residences, Ativo Plaza, Ativo Suites, Azelia Residence, Damansara Idaman, Idaman Residence, Idaman Villas, Menara TA One and Nova Square.
This integrated office, residential & retail hub has many amenities nearby, e.g. schools, transit stations and universities.
The current rental yield of Damansara Avenue is 4.32% for condominium units, 4.03% for offices, 4.03% for offices and 3.86% for shop-offices. The highest rental yield ever recorded was 4.32% in Q2 2022 (condominium), 5.45% in Q1 2019 (office), 5.45% in Q1 2019 (office) and 3.91% in Q3 2020 (shop-office); while the lowest one was 2.84% in Q2 2018 (condominium), 3.6% in Q2 2018 (office), 3.6% in Q2 2018 (office) and 3.86% in Q1 2021 (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 Damansara Avenue for condominium units is 2-bedroom / 969 sf with a median price of RM750 psf. For price wise, the most expensive one is Studio / 615 sf with a median price of RM1,040 psf; while the cheapest one is 4-bedroom / 1,905 sf with a median price of RM600 psf.
Meanwhile, the most popular layout and size (built-up) combination at Damansara Avenue for offices is 1,076 sf with a median price of RM700 psf. For price wise, the most expensive one is 600 sf with a median price of RM770 psf; while the cheapest one is 1,076 sf with a median price of RM700 psf.
Meanwhile, the most popular layout and size (built-up) combination at Damansara Avenue for offices is 1,076 sf with a median price of RM700 psf. For price wise, the most expensive one is 600 sf with a median price of RM770 psf; while the cheapest one is 1,076 sf with a median price of RM700 psf.
Meanwhile, the most popular layout and size (built-up) combination at Damansara Avenue for shop-offices is 1,667 sf with a median price of RM690 psf. For price wise, the most expensive one is 1,667 sf with a median price of RM690 psf; while the cheapest one is 1,667 sf with a median price of RM690 psf.
Latest Damansara Avenue for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 11 Jan 2022 | Office | 2,057 sf | RM1,550,000 |
| 4 Jan 2022 | Office | 3,600 sf | RM1,600,000 |
| 17 Dec 2021 | Condominium | 969 sf | RM700,000 |
| 14 Dec 2021 | Condominium | 1,345 sf | RM920,000 |
| 10 Dec 2021 | Condominium | 614 sf | RM550,000 |
| 10 Dec 2021 | Condominium | 916 sf | RM695,000 |
| 24 Nov 2021 | Condominium | 969 sf | RM740,000 |
| 22 Nov 2021 | Office | 2,057 sf | RM1,550,000 |
| 17 Nov 2021 | Condominium | 1,345 sf | RM878,000 |
| 16 Nov 2021 | Office | 2,375 sf | RM1,550,000 |
Latest Damansara Avenue for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 14 Sep 2022 | Condominium | 1,197 sf | RM4,500 |
| 8 Dec 2021 | Retail | 1,500 sf | RM3,900 |
| 6 Dec 2021 | Shop-Office | 1,500 sf | RM3,900 |
| 6 Dec 2021 | Shop-Office | 3,851 sf | RM8,000 |
| 1 Dec 2021 | Condominium | 614 sf | RM1,500 |
| 26 Nov 2021 | Studio | 600 sf | RM1,300 |
| 26 Nov 2021 | Office | 600 sf | RM1,300 |
| 23 Nov 2021 | Office | 2,375 sf | RM5,200 |
| 22 Nov 2021 | Condominium | 875 sf | RM1,300 |
| 22 Nov 2021 | Office | 3,016 sf | RM6,000 |