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 9,891 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 - 9,891 sf (Office)
Market Price
RM410,000 - RM630,000 (Apartment)
RM4,420,000 (Retail)
RM490,000 - RM6,330,000 (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 RM410,000 to RM630,000 (about RM730 psf) for apartment units, RM4,420,000 (about RM800 psf) for retail units and RM490,000 to RM6,330,000 (about RM600 psf) for offices; while the monthly rentals are from RM1,700 to RM3,000 (about RM3.03 psf) for apartment units, RM4,400 to RM4,600 (about RM3.38 psf) for retail units and RM2,500 to RM4,200 (about RM2.11 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 4.45% for offices. The highest rental yield ever recorded was 5.11% in Q2 2014 (Apartment) and 4.45% in Q1 2019 (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 RM730 psf. For price wise, the most expensive one is 1-bedroom / 561 sf with a median price of RM730 psf; while the cheapest one is 2-bedroom / 1,008 sf with a median price of RM600 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 1,230 sf with a median price of RM600 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
26-Mar-19Condominium561 sfRM528,000
26-Mar-19Condominium561 sfRM410,000
26-Mar-19Condominium561 sfRM528,000
19-Mar-19Office1,000 sfRM680,000
19-Mar-19Office1,184 sfRM760,000
19-Mar-19Office705 sfRM485,000
19-Mar-19Office705 sfRM485,000
19-Mar-19Office1,184 sfRM810,000
19-Mar-19Office1,200 sfRM900,000
19-Mar-19Office708 sfRM510,000

Latest Cascades for rent listings:

DateTypeBuilt-upRental
17-Apr-19Office1,527 sfRM3,800
17-Apr-19Office1,527 sfRM3,800
17-Apr-19Office1,565 sfRM6,500
13-Apr-19Condominium561 sfRM1,900
13-Apr-19Condominium561 sfRM2,000
13-Apr-19Condominium561 sfRM1,800
22-Mar-19Office1,414 sfRM3,600
22-Mar-19Office1,527 sfRM3,900
22-Mar-19Office1,527 sfRM3,900
10-Mar-19Office1,527 sfRM4,200