Empire City, Damansara Perdana
Empire City is a leasehold integrated office, residential & retail hub located in Damansara Perdana, Petaling Jaya. It consists of Colonial Loft, Empire City Mall, HCK Tower, Halo Sunday, Marriott, Mossaz, MyEG Tower, MyLoft, Paxtonz and Tower M. The built-up available at this project is 448 sf to 952 sf for condominium units, 436 sf to 12,185 sf for offices and 314 sf to 952 sf for SOHO units. It was developed by Mammoth Empire Holdings Sdn Bhd with a launch price of around RM500 psf for condominium units, RM500 psf for SOHO units, and was completed about 2015.
Mammoth Empire Holdings Sdn Bhd is a large-sized real estate organization held privately, and it has undertaken around 23 real estate projects in Malaysia. Other similar projects by the same developer are Empire Damansara and Empire Remix.
This integrated office, residential & retail hub has some amenities nearby, such as universities and hospitals. The following are some of the major universities here:
- Claz'room College
- Saga College Kota Damansara
The current rental yield of Empire City is 4.91% for condominium units and 3.3% for SOHO units. The highest rental yield ever recorded was 6.05% in Q4 2021 (condominium) and 4.5% in Q4 2019 (soho); while the lowest one was 3.09% in Q4 2016 (condominium) and 3.3% in Q4 2022 (soho). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Empire City for condominium units is Studio / 462 sf with a median price of RM500 psf. For price wise, the most expensive one is Studio / 462 sf with a median price of RM500 psf; while the cheapest one is 1-bedroom / 952 sf with a median price of RM420 psf.
Meanwhile, the most popular layout and size (built-up) combination at Empire City for offices is 9,860 sf with a median price of RM900 psf. For price wise, the most expensive one is 10,829 sf with a median price of RM930 psf; while the cheapest one is 436 sf with a median price of RM540 psf.
Lastly, the most popular layout and size (built-up) combination at Empire City for SOHO units is 1-bedroom / 952 sf with a median price of RM410 psf. For price wise, the most expensive one is Studio / 342 sf with a median price of RM940 psf; while the cheapest one is 1-bedroom / 813 sf with a median price of RM400 psf.
Latest Empire City sale listings:
|14 Feb 2023||Condominium||-NA-||RM244,800|
|14 Nov 2022||Condominium||940 sf||RM680,000|
|11 Nov 2022||Office||610 sf||RM310,500|
|17 Oct 2022||Office||610 sf||RM345,000|
|3 Oct 2022||Office||610 sf||RM430,000|
|26 Sep 2022||Office||610 sf||RM430,000|
|24 Aug 2022||Office||569 sf||RM243,000|
|10 Aug 2022||Office||569 sf||RM243,000|
|21 Jul 2022||Office||569 sf||RM270,000|
|24 Jun 2022||Office||569 sf||RM300,000|
Latest Empire City rental listings:
|1 Mar 2023||Studio||446 sf||RM1,000|
|20 Feb 2023||Studio||446 sf||RM1,000|
|20 Feb 2023||Studio||446 sf||RM1,100|
|14 Feb 2023||Condominium||850 sf||RM1,300|
|14 Feb 2023||Condominium||446 sf||RM1,000|
|30 Nov 2022||Studio||448 sf||RM850|
|28 Oct 2022||Condominium||400 sf||RM1,299|
|9 Aug 2022||Condominium||446 sf||RM1,000|
|13 Jul 2022||Apartment Room||-NA-||RM950|
|5 Jul 2022||SOHO||850 sf||RM1,299|
Stayed here for several days thru Airbnb. The entire residential floor has very bad air flow and ventilation, where there is no window along the corridor. While inside the unit, it felt very stuffy, due to sealed loft windows and lack of fresh air.
The outside looks very high -class but inside looks like cheap low-cost flats! Besides, there is no ground facilities, all entrances are located in the basement.