Alam Damai, Jalan Damai

Alam Damai (also known as Alam Damai Condominium) is a leasehold apartment located in Jalan Damai, Luyang. There are 552 units available at this project with built-up from 976 sf to 1,300 sf. It was developed by WMG Holdings Bhd (fka Wah Mie Group) with a launch price at about RM250 psf, and was completed in around 2011.

WMG Holdings Bhd (fka Wah Mie Group) is a boutique property developer listed on Bursa Malaysia, and it has built about 3 property projects in Malaysia. Other similar projects by the same developer are Parklane and Taman Bukit Sepanggar.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
976 sf - 1,300 sf
Market Price
RM580,000 - RM720,000
Density
552 Units
Completed In
2011
Launch Price
About RM250 psf

This apartment has many amenities nearby, e.g. schools, hospitals and universities. The following are some schools here:

As for hospitals, there are Auditorium Hospital Queen Elizabeth 2, KPJ Damai Specialist Hospital and KPJ Sabah Specialist Hospital. There are also some universities here, such as Sayfol College and Snips College Of Creative Arts.

The current rental yield of Alam Damai is around 3.23%, compared to 4.01% a year ago in Q1 2020. The highest rental yield ever recorded was 4.76% in Q4 2019; while the lowest one was 3.23% in Q1 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Alam Damai is 3-bedroom / 976 sf with a median price of RM590 psf. For price wise, the most expensive one is 3-bedroom / 1,070 sf with a median price of RM610 psf; while the cheapest one is 3-bedroom / 1,300 sf with a median price of RM550 psf.

Latest Alam Damai for sale listings:

DateTypeBuilt-upPrice
7 Jan 2021Condominium1,071 sfRM650,000
7 Jan 2021Condominium976 sfRM545,000
7 Jan 2021Condominium1,034 sfRM645,000
6 Jan 2021Condominium1,070 sfRM670,000
2 Jan 2021Condominium1,091 sfRM650,000
29 Dec 2020Condominium2,534 sfRM1,750,000
24 Dec 2020Condominium1,100 sfRM680,000
18 Dec 2020Condominium976 sfRM550,000
18 Dec 2020Condominium1,070 sfRM598,000
12 Dec 2020Condominium1,070 sfRM620,000

Latest Alam Damai for rent listings:

DateTypeBuilt-upRental
TodayCondominium979 sfRM1,800
16 Jan 2021Condominium1,070 sfRM2,000
15 Jan 2021Condominium1,100 sfRM1,800
15 Jan 2021Condominium1,091 sfRM1,800
11 Jan 2021Condominium1,300 sfRM2,200
10 Jan 2021Condominium976 sfRM1,900
10 Jan 2021Condominium970 sfRM1,500
10 Jan 2021Condominium1,302 sfRM2,300
10 Jan 2021Condominium1,100 sfRM1,800
9 Jan 2021Condominium1,070 sfRM2,000
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