The Strand, Kota Damansara
The Strand (also known as Encorp Strand) is a leasehold integrated mall, office & residential hub that is located in Kota Damansara, Petaling Jaya. It comprises Strand Mall and Strand Residences.
The built-up available at this property is 1,560 sf to 6,200 sf for retail units, 1,705 sf to 2,510 sf for offices and 5,460 sf to 6,240 sf for shop-offices. It was developed by Encorp Bhd, and was completed around 2012.
Encorp Bhd is a mid-scale property developer listed on Bursa Malaysia, and it has developed about 8 property projects in Malaysia. Other similar projects by the same developer are Akasia, Cahaya Alam, Dahlia, Encorp Marina, Lotus, Strand Mall and Strand Residences.
This integrated mall, office & residential hub has some amenities nearby, i.e. hospitals, schools, transit stations and universities.
The current rental yield of The Strand is 4.53% for condominium units, 3.66% for retail units and 4.5% for offices. The highest rental yield ever recorded was 4.53% in Q2 2022 (condominium), 7.63% in Q1 2018 (retail) and 5.65% in Q4 2020 (office); while the lowest one was 3.26% in Q2 2021 (condominium), 2.14% in Q1 2020 (retail) and 2.13% in Q2 2020 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:
Meanwhile, the most popular layout and size (built-up) combination at the strand for retail units is 6,200 sf with a median price of rm670 psf. For price wise, the most expensive one is 1,560 sf with a median price of RM1,850 psf; while the cheapest one is 5,460 sf with a median price of RM580 psf.
Meanwhile, the most popular layout and size (built-up) combination at the strand for offices is 1,705 sf with a median price of rm290 psf. For price wise, the most expensive one is 2,451 sf with a median price of RM520 psf; while the cheapest one is 1,705 sf with a median price of RM290 psf.
Lastly, the most popular layout and size (built-up) combination at the strand for shop-offices is 6,200 sf with a median price of rm680 psf. For price wise, the most expensive one is 6,240 sf with a median price of RM680 psf; while the cheapest one is 5,460 sf with a median price of RM540 psf.
Latest The Strand sale listings:
Date | Property Type | Built-up | Price |
---|---|---|---|
6 Mar 2024 | Shop-Office | 10,188 sf | RM5,990,000 |
7 Mar 2024 | Studio | 711 sf | RM398,000 |
1 Mar 2024 | Retail | 10,100 sf | RM5,990,000 |
1 Mar 2024 | Shop-Office | 10,100 sf | RM5,990,000 |
28 Feb 2024 | Shop-Office | 5,200 sf | RM2,650,000 |
19 Feb 2024 | Shop-Office | 6,000 sf | RM3,800,000 |
19 Feb 2024 | Condominium | 1,100 sf | RM599,000 |
5 Feb 2024 | Condominium | 2,332 sf | RM826,686 |
15 Feb 2024 | Shop-Office | 10,188 sf | RM5,990,000 |
15 Feb 2024 | Retail | 9,800 sf | RM7,700,000 |
Latest The Strand rental listings:
Date | Property Type | Built-up | Rental |
---|---|---|---|
27 Feb 2024 | House Room | -NA- | RM600 |
27 Feb 2024 | House Room | -NA- | RM550 |
26 Feb 2024 | House Room | -NA- | RM600 |
28 Feb 2024 | Room | -NA- | RM530 |
24 Feb 2024 | Room | -NA- | RM590 |
15 Feb 2024 | Retail | 1,560 sf | RM4,000 |
11 Feb 2024 | Office | 1,650 sf | RM3,000 |
6 Feb 2024 | Retail | 5,100 sf | RM13,000 |
4 Feb 2024 | Shop-Office | 1,560 sf | RM2,300 |
12 Jan 2024 | Office | 1,640 sf | RM2,500 |