Damansara Avenue, Bandar Sri Damansara

Damansara Avenue is a freehold integrated office, residential & retail hub located in Bandar Sri Damansara, Kepong. 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 and 547 sf to 2,375 sf for 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 9 property projects in Malaysia. Other similar projects by the same developer are 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)
547 sf - 2,375 sf (Office)
Market Price
RM580,000 - RM1,390,000 (Apartment)
RM430,000 - RM1,640,000 (Office)
Density
-NA-
Completed In
2014
Developer
TA Properties Sdn Bhd
Launch Price
RM520 psf (Apartment)

This integrated office, residential & retail hub has many amenities nearby, e.g. hospitals, schools and universities. The following are some hospitals here:

The current market prices for Damansara Avenue are from RM580,000 to RM1,390,000 (about RM760 psf) for apartment units and RM430,000 to RM1,640,000 (about RM760 psf) for offices; while the monthly rentals are from RM1,800 to RM3,800 (about RM2.17 psf) for apartment units and RM1,600 to RM4,700 (about RM2.60 psf) for offices. The highest median price psf ever recorded was RM863 psf in Q3 2014 (Apartment) and RM771 psf in Q3 2017 (Office); while the lowest one was RM611 psf in Q2 2012 (Apartment) and RM637 psf in Q4 2013 (Office).

The current rental yield of Damansara Avenue is 2.8% for apartment units and 4.48% for offices. The highest rental yield ever recorded was 4.27% in Q1 2017 (Apartment) and 4.85% in Q3 2013 (Office); while the lowest one was 2.8% in Q4 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 RM940 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 547 sf with a median price of RM790 psf; while the cheapest one is 2,308 sf with a median price of RM620 psf.

Latest Damansara Avenue for sale listings:

DateTypeBuilt-upPrice
YesterdayCondominium614 sfRM570,000
YesterdayCondominium2,110 sfRM1,350,000
YesterdayCondominium1,905 sfRM1,348,000
YesterdayCondominium3,700 sfRM2,400,000
YesterdayCondominium969 sfRM730,000
YesterdayCondominium1,905 sfRM1,200,000
YesterdayCondominium1,711 sfRM1,160,000
YesterdayCondominium2,077 sfRM1,331,000
YesterdayCondominium1,905 sfRM1,222,000
08-Dec-18Condominium614 sfRM580,000

Latest Damansara Avenue for rent listings:

DateTypeBuilt-upRental
09-Dec-18Office1,076 sfRM3,400
09-Dec-18Condominium1,345 sfRM2,500
28-Nov-18Condominium969 sfRM2,000
25-Nov-18Condominium2,110 sfRM3,500
25-Nov-18Condominium969 sfRM2,000
08-Nov-18Condominium969 sfRM2,200
08-Nov-18Condominium969 sfRM2,100
07-Nov-18Condominium969 sfRM2,100
31-Oct-18Office1,873 sfRM4,500
30-Oct-18Condominium969 sfRM2,300