Alam Damai, Jalan Damai

Alam Damai (also known as Alam Damai Condominium) is a leasehold condominium located in Jalan Damai, Luyang. There are 552 units available at this project with built-up from 976 sf to 2,534 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
Condominium
Land Tenure
Leasehold
Built-up
976 sf - 2,534 sf
Market Price
RM560,000 - RM1,800,000
Density
552 Units
Completed In
2011
Launch Price
About RM250 psf

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

As for universities, there are Sayfol College and Snips College Of Creative Arts.

The current rental yield of Alam Damai is around 3.87%, compared to 3.43% a year ago in Q3 2021. The highest rental yield ever recorded was 4.72% in Q4 2019; while the lowest one was 3.32% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Alam Damai is 3-bedroom / 976 sf with a median price of RM570 psf. For price wise, the most expensive one is 4-bedroom / 2,534 sf with a median price of RM710 psf; while the cheapest one is 4-bedroom / 2,350 sf with a median price of RM490 psf.

Latest Alam Damai for sale listings:

DateTypeBuilt-upPrice
24 Jan 2022Condominium1,300 sfRM890,000
24 Jan 2022Duplex2,109 sfRM1,100,000
24 Jan 2022Condominium1,304 sfRM750,000
14 Jan 2022Condominium1,300 sfRM750,000
13 Jan 2022Condominium1,009 sfRM545,000
30 Dec 2021Condominium976 sfRM540,000
29 Dec 2021Condominium2,534 sfRM1,800,000
24 Dec 2021Condominium2,359 sfRM1,150,000
10 Dec 2021Duplex1,931 sfRM900,000
3 Dec 2021Condominium2,359 sfRM1,150,000

Latest Alam Damai for rent listings:

DateTypeBuilt-upRental
8 Jul 2022Condominium970 sfRM1,800
20 Jan 2022Master Room-NA-RM1,000
14 Jan 2022Condominium1,090 sfRM1,800
13 Jan 2022Condominium1,000 sfRM1,800
4 Jan 2022Penthouse1,931 sfRM2,500
4 Jan 2022Condominium976 sfRM1,900
29 Dec 2021Condominium1,000 sfRM1,800
28 Dec 2021Condominium1,302 sfRM2,400
28 Dec 2021Condominium1,300 sfRM1,900
26 Dec 2021Apartment Room-NA-RM800
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