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.
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:
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.
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.
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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 18 May 2020 | Commercial | 3,600 sf | RM1,950,000 |
| 4 Mar 2020 | Studio | 614 sf | RM530,000 |
| 4 Mar 2020 | Apartment | 1,905 sf | RM1,100,000 |
| 4 Mar 2020 | Apartment | 1,905 sf | RM1,280,000 |
| 15 May 2020 | Apartment | 969 sf | RM770,000 |
| 16 May 2020 | Apartment | 1,905 sf | RM1,100,000 |
| 18 May 2020 | Apartment | 1,350 sf | RM820,000 |
| 18 May 2020 | Apartment | 1,905 sf | RM1,100,000 |
| 13 May 2020 | Apartment | 614 sf | RM550,000 |
| 14 May 2020 | Apartment | 616 sf | RM580,000 |
Latest Damansara Avenue for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 650 sf | RM1,800 |
| Today | Condominium | 650 sf | RM1,800 |
| 26 May 2020 | Condominium | 614 sf | RM1,600 |
| 4 Mar 2020 | Commercial | 1,076 sf | RM2,500 |
| 5 Mar 2020 | Commercial | 2,257 sf | RM5,600 |
| 9 Mar 2020 | Commercial | 1,076 sf | RM2,500 |
| 21 Apr 2020 | Commercial | 3,000 sf | RM6,800 |
| 21 Apr 2020 | Commercial | 3,000 sf | RM6,700 |
| 13 May 2020 | Commercial | 2,000 sf | RM4,500 |
| 13 May 2020 | Commercial | 3,000 sf | RM7,000 |