Neo Damansara, Damansara Perdana

Neo Damansara is a leasehold integrated mall, office & residential hub that is located in Damansara Perdana, Petaling Jaya. It consists of Mercu Mustapha Kamal.

There are 168 units available at this property with built-up from 421 sf to 877 sf for condominium units, 1,400 sf for offices and 1,400 sf for shop-offices. It was developed by Emkay Group, and was completed in around Late 2012.

Emkay Group is a mid-sized real estate group, and it has undertaken around 17 real estate projects in Malaysia. Other similar projects by the same developer are Autoville, Biz Avenue 2, Menara OBYU, NeoCyber, PJ Trade Centre, Star Central, Tamarind Square, Tamarind Suites, The Domain and The Mulia Residences.

Property Type
Integrated Mall, Office & Residential
Land Tenure
Leasehold
Built-up
421 sf - 877 sf (Condominium)
1,400 sf (Office)
1,400 sf (Shop-Office)
Market Price
RM290,000 - RM500,000 (Condominium)
RM800,000 (Shop-Office)
Total Units
168 Units
Completion Date
Late 2012
Developer
Launch Price
-NA-

This integrated mall, office & residential hub has some amenities nearby, such as, universities and hospitals. The following are some of the major universities here:

The current rental yield of Neo Damansara is 5.14% for condominium units, 4.15% for offices and 4.6% for shop-offices. The highest rental yield ever recorded was 6.22% in Q2 2023 (condominium), 8.01% in Q2 2020 (office) and 4.6% in Q3 2023 (shop-office); while the lowest one was 3.8% in Q2 2016 (condominium), 4.15% in Q4 2023 (office) and 2.33% in Q2 2018 (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 Neo Damansara for condominium units is Studio / 421 sf with a median price of RM680 psf. For price wise, the most expensive one is 1-bedroom / 733 sf with a median price of RM680 psf; while the cheapest one is 3-bedroom / 877 sf with a median price of RM460 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at neo damansara for offices is 1,400 sf with a median rental of rm1.85 psf. For rental wise, the most expensive one is 1,400 sf with a median rental of RM1.85 psf; while the cheapest one is 1,400 sf with a median rental of RM1.85 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at neo damansara for shop-offices is 1,400 sf with a median price of rm570 psf. For price wise, the most expensive one is 1,400 sf with a median price of RM570 psf; while the cheapest one is 1,400 sf with a median price of RM570 psf.

Latest Neo Damansara sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium421 sfRM196,800
TodaySOHO421 sfRM196,800
5 Apr 2024Condominium421 sfRM196,800
28 Mar 2024Studio421 sfRM380,000
27 Mar 2024Condominium521 sfRM400,000
28 Mar 2024Shop-Office1,120 sfRM1,300,000
1 Apr 2024Studio421 sfRM310,000
25 Mar 2024SOHO421 sfRM218,700
25 Mar 2024Shop-Office183,000 sfRM100,000,000
29 Mar 2024Studio421 sfRM300,000

Latest Neo Damansara rental listings:

DateProperty TypeBuilt-upRental
4 Apr 2024Office1,516 sfRM2,800
2 Apr 2024Studio421 sfRM1,400
2 Apr 2024Studio421 sfRM1,400
20 Mar 2024Office1,000 sfRM2,200
20 Mar 2024Office1,938 sfRM4,200
20 Mar 2024Office2,000 sfRM5,600
20 Mar 2024Studio421 sfRM1,400
30 Mar 2024Studio421 sfRM1,250
28 Mar 2024Studio531 sfRM1,500
25 Mar 2024Studio531 sfRM1,500
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