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 614 sf to 2,110 sf for apartment units, 596 sf to 2,375 sf for offices and 1,076 sf to 2,025 sf for shop-offices. It was developed by TA Properties Sdn Bhd with a launch price at about RM520 psf for apartment 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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
614 sf - 2,110 sf (Apartment)
596 sf - 2,375 sf (Office)
1,076 sf - 2,025 sf (Shop-Office)
Market Price
RM560,000 - RM1,410,000 (Apartment)
RM450,000 - RM1,550,000 (Office)
Density
-NA-
Completed In
2014
Launch Price
RM520 psf (Apartment)

This integrated office, residential & retail hub has many amenities nearby, e.g. hospitals, schools and universities.

The current rental yield of Damansara Avenue is 3.16% for apartment units and 4.17% for offices. The highest rental yield ever recorded was 4.11% in Q2 2019 (Apartment) and 4.85% in Q3 2013 (Office); while the lowest one was 2.84% in Q2 2018 (Apartment) and 3.8% in Q2 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Damansara Avenue for apartment units is 2-bedroom / 969 sf with a median price of RM760 psf. For price wise, the most expensive one is 1-bedroom / 614 sf with a median price of RM910 psf; while the cheapest one is 2-bedroom / 1,345 sf with a median price of RM650 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at Damansara Avenue for offices is 600 sf with a median price of RM760 psf. For price wise, the most expensive one is 600 sf with a median price of RM760 psf; while the cheapest one is 2,375 sf with a median price of RM650 psf.

Shop-Office Layouts

Meanwhile, the most popular layout and size combination at Damansara Avenue for shop-offices is 1,076 sf with a median rental of RM2.32 psf. For rental wise, the most expensive one is 1,076 sf with a median rental of RM2.32 psf; while the cheapest one is 2,025 sf with a median rental of RM2.22 psf.

Latest Damansara Avenue for sale listings:

DateTypeBuilt-upPrice
18 May 2020Commercial3,600 sfRM1,950,000
4 Mar 2020Studio614 sfRM530,000
4 Mar 2020Apartment1,905 sfRM1,100,000
4 Mar 2020Apartment1,905 sfRM1,280,000
15 May 2020Apartment969 sfRM770,000
16 May 2020Apartment1,905 sfRM1,100,000
18 May 2020Apartment1,350 sfRM820,000
18 May 2020Apartment1,905 sfRM1,100,000
13 May 2020Apartment614 sfRM550,000
14 May 2020Apartment616 sfRM580,000

Latest Damansara Avenue for rent listings:

DateTypeBuilt-upRental
TodayCondominium650 sfRM1,800
TodayCondominium650 sfRM1,800
26 May 2020Condominium614 sfRM1,600
4 Mar 2020Commercial1,076 sfRM2,500
5 Mar 2020Commercial2,257 sfRM5,600
9 Mar 2020Commercial1,076 sfRM2,500
21 Apr 2020Commercial3,000 sfRM6,800
21 Apr 2020Commercial3,000 sfRM6,700
13 May 2020Commercial2,000 sfRM4,500
13 May 2020Commercial3,000 sfRM7,000
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