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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
499 sf - 3,702 sf (Condominium)
600 sf - 1,076 sf (Office)
600 sf - 1,076 sf (Office)
1,667 sf (Shop-Office)
Market Price
RM510,000 - RM2,370,000 (Condominium)
RM460,000 - RM750,000 (Office)
RM460,000 - RM750,000 (Office)
RM1,150,000 (Shop-Office)
Density
-NA-
Completed In
2014
Launch Price
RM520 psf (Condominium)

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:

Condominium Layouts

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.

Office Layouts

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.

Office Layouts

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.

Shop-Office Layouts

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:

DateTypeBuilt-upPrice
11 Jan 2022Office2,057 sfRM1,550,000
4 Jan 2022Office3,600 sfRM1,600,000
17 Dec 2021Condominium969 sfRM700,000
14 Dec 2021Condominium1,345 sfRM920,000
10 Dec 2021Condominium614 sfRM550,000
10 Dec 2021Condominium916 sfRM695,000
24 Nov 2021Condominium969 sfRM740,000
22 Nov 2021Office2,057 sfRM1,550,000
17 Nov 2021Condominium1,345 sfRM878,000
16 Nov 2021Office2,375 sfRM1,550,000

Latest Damansara Avenue for rent listings:

DateTypeBuilt-upRental
14 Sep 2022Condominium1,197 sfRM4,500
8 Dec 2021Retail1,500 sfRM3,900
6 Dec 2021Shop-Office1,500 sfRM3,900
6 Dec 2021Shop-Office3,851 sfRM8,000
1 Dec 2021Condominium614 sfRM1,500
26 Nov 2021Studio600 sfRM1,300
26 Nov 2021Office600 sfRM1,300
23 Nov 2021Office2,375 sfRM5,200
22 Nov 2021Condominium875 sfRM1,300
22 Nov 2021Office3,016 sfRM6,000
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