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
RM420,000 - RM660,000 (Apartment)
RM4,420,000 (Retail)
RM490,000 - RM740,000 (Office)
Density
-NA-
Completed In
Early 2014
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 RM420,000 to RM660,000 (about RM750 psf) for apartment units, RM4,420,000 (about RM800 psf) for retail units and RM490,000 to RM740,000 (about RM390 psf) for offices; while the monthly rentals are from RM1,700 to RM3,000 (about RM3.03 psf) for apartment units, RM5,700 to RM7,500 (about RM4.25 psf) for retail units and RM2,600 to RM3,500 (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 RM636 psf in Q4 2018 (Office).

The current rental yield of Cascades is 4.98% 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 RM750 psf. For price wise, the most expensive one is 1-bedroom / 561 sf with a median price of RM750 psf; while the cheapest one is 2-bedroom / 1,008 sf with a median price of RM630 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 RM390 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 RM390 psf.

Latest Cascades for sale listings:

DateTypeBuilt-upPrice
15-Feb-19Condominium561 sfRM283,590
11-Feb-19Office1,008 sfRM600,000
11-Feb-19Shop-Office1,400 sfRM650,000
11-Feb-19Shop-Office1,450 sfRM620,000
11-Feb-19Office9,887 sfRM6,250,000
11-Feb-19Office2,967 sfRM1,900,000
11-Feb-19Office1,230 sfRM700,000
11-Feb-19Office9,891 sfRM6,300,000
10-Feb-19Office708 sfRM485,000
10-Feb-19Shop-Office5,532 sfRM3,600,000

Latest Cascades for rent listings:

DateTypeBuilt-upRental
15-Feb-19Retail1,333 sfRM4,000
15-Feb-19Office1,420 sfRM3,000
14-Feb-19Office1,527 sfRM4,200
14-Feb-19Office1,500 sfRM4,200
24-Jan-19Shop-Office1,420 sfRM3,000
24-Jan-19Office1,000 sfRM2,200
24-Jan-19Office979 sfRM2,800
24-Jan-19Office1,329 sfRM2,500
23-Jan-19Office1,440 sfRM3,000
23-Jan-19Office714 sfRM2,200