The Strand, Kota Damansara
The Strand (also known as Encorp Strand) is a leasehold integrated office, residential & retail hub located in Kota Damansara, Petaling Jaya. It comprises Strand Mall and Strand Residences. The built-up available at this project is 640 sf to 1,455 sf for apartment units and 1,560 sf to 6,000 sf for retail units. It was developed by Encorp Bhd, and was completed around 2012.
Encorp Bhd is a small-scale property developer listed on Bursa Malaysia, and it has developed about 4 property projects in Malaysia. Other similar projects by the same developer are Cahaya Alam, Strand Mall and Strand Residences.
This integrated office, residential & retail hub has some amenities nearby, i.e. metro transport stations and universities.
The current market prices for The Strand are from RM480,000 to RM870,000 (about RM800 psf) for apartment units and RM2,840,000 to RM4,320,000 (about RM520 psf) for retail units; while the monthly rentals are from RM1,800 to RM2,600 (about RM2.24 psf) for apartment units and RM5,000 to RM7,500 (about RM3.21 psf) for retail units. The highest median price psf ever recorded was RM843 psf in Q3 2017 (Apartment) and RM1,453 psf in Q4 2011 (Retail); while the lowest one was RM606 psf in Q1 2014 (Apartment) and RM380 psf in Q2 2009 (Retail).
The current rental yield of The Strand is 2.95% for apartment units. The highest rental yield ever recorded was 3.93% in Q3 2018 (Apartment); while the lowest one was 2.95% in Q4 2018 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Strand for apartment units is 1-bedroom / 803 sf with a median price of RM800 psf. For price wise, the most expensive one is Studio / 790 sf with a median price of RM850 psf; while the cheapest one is 3-bedroom / 1,455 sf with a median price of RM600 psf.
Lastly, the most popular layout and size combination at The Strand for retail units is 5,460 sf with a median price of RM520 psf. For price wise, the most expensive one is 1,560 sf with a median price of RM1,990 psf; while the cheapest one is 5,460 sf with a median price of RM520 psf.
Latest The Strand for sale listings:
Latest The Strand for rent listings: