Cascades, Kota Damansara

Cascades (also known as The Cascades) is a leasehold integrated office, residential & retail hub located in Kota Damansara, Petaling Jaya. It comprises Cascades Residency and Menara Mitraland. The built-up available at this project is 561 sf to 1,043 sf for apartment units, 5,530 sf for retail units and 708 sf to 1,527 sf for offices. It was developed by Mitraland Group Sdn Bhd, and was completed around Early 2014.

Mitraland Group Sdn Bhd is a mid-scale property development company held privately, and it has developed about 16 property projects in Malaysia. Other similar projects by the same developer are 16 Quartz, C180, Cascades Residency, Kiara 1888, Livia Residences, Menara Mitraland, Sejati Hill Villa, Symphony Tower, The Oasis and Vina Versatile Homes.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
561 sf - 1,043 sf (Apartment)
5,530 sf (Retail)
708 sf - 1,527 sf (Office)
Market Price
RM430,000 - RM670,000 (Apartment)
RM4,420,000 (Retail)
RM490,000 - RM790,000 (Office)
Density
-NA-
Completed In
Early 2014
Developer
Mitraland Group Sdn Bhd
Launch Price
-NA-

This integrated office, residential & retail hub has some amenities nearby, i.e. metro transport stations and universities.

The current market prices for Cascades are from RM430,000 to RM670,000 (about RM760 psf) for apartment units, RM4,420,000 (about RM800 psf) for retail units and RM490,000 to RM790,000 (about RM350 psf) for offices; while the monthly rentals are from RM1,600 to RM3,000 (about RM2.85 psf) for apartment units, RM5,700 to RM7,500 (about RM4.25 psf) for retail units and RM2,600 to RM3,100 (about RM2.17 psf) for offices. The highest median price psf ever recorded was RM944 psf in Q4 2015 (Apartment), RM1,058 psf in Q4 2017 (Retail) and RM787 psf in Q1 2017 (Office); while the lowest one was RM613 psf in Q2 2011 (Apartment), RM784 psf in Q1 2012 (Retail) and RM667 psf in Q4 2018 (Office).

The current rental yield of Cascades is 5.1% for apartment units and 4.24% for offices. The highest rental yield ever recorded was 5.11% in Q2 2014 (Apartment) and 4.24% in Q3 2018 (Office); while the lowest one was 3.73% in Q4 2016 (Apartment) and 3.24% in Q1 2016 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Cascades for apartment units is 1-bedroom / 561 sf with a median price of RM760 psf. For price wise, the most expensive one is 1-bedroom / 561 sf with a median price of RM760 psf; while the cheapest one is 2-bedroom / 1,008 sf with a median price of RM640 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at Cascades for retail units is 5,530 sf with a median price of RM800 psf. For price wise, the most expensive one is 5,530 sf with a median price of RM800 psf; while the cheapest one is 5,530 sf with a median price of RM800 psf.

Office Layouts

Lastly, the most popular layout and size combination at Cascades for offices is 1,527 sf with a median price of RM350 psf. For price wise, the most expensive one is 714 sf with a median price of RM690 psf; while the cheapest one is 1,527 sf with a median price of RM350 psf.

Latest Cascades for sale listings:

DateTypeBuilt-upPrice
12-Dec-18Condominium561 sfRM420,000
07-Dec-18Office5,000 sfRM4,380,000
07-Dec-18Office5,600 sfRM4,100,000
06-Dec-18Office1,184 sfRM760,000
06-Dec-18Office705 sfRM485,000
06-Dec-18Office705 sfRM485,000
06-Dec-18Office1,184 sfRM810,000
06-Dec-18Office1,200 sfRM900,000
23-Nov-18Office708 sfRM485,000
23-Nov-18Office1,230 sfRM700,000

Latest Cascades for rent listings:

DateTypeBuilt-upRental
09-Dec-18Office1,500 sfRM2,000
21-Nov-18Condominium1,080 sfRM2,300
16-Nov-18Studio578 sfRM1,550
16-Nov-18Condominium561 sfRM2,000
15-Nov-18Condominium561 sfRM1,900
10-Nov-18Office740 sfRM2,500
09-Nov-18Condominium561 sfRM1,800
08-Nov-18Condominium561 sfRM1,700
01-Nov-18Retail1,705 sfRM3,000
01-Nov-18Office8,093 sfRM40,000