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, 1,560 sf to 6,000 sf for retail units and 5,460 sf to 10,087 sf for shop-offices. 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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
640 sf - 1,455 sf (Apartment)
1,560 sf - 6,000 sf (Retail)
5,460 sf - 10,087 sf (Shop-Office)
Market Price
RM490,000 - RM970,000 (Apartment)
RM3,100,000 - RM4,320,000 (Retail)
RM2,890,000 - RM5,800,000 (Shop-Office)
Density
-NA-
Completed In
2012
Developer
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 The Strand are from RM490,000 to RM970,000 (about RM760 psf) for apartment units, RM3,100,000 to RM4,320,000 (about RM600 psf) for retail units and RM2,890,000 to RM5,800,000 (about RM530 psf) for shop-offices; while the monthly rentals are from RM1,800 to RM2,700 (about RM2.24 psf) for apartment units, RM5,000 to RM7,500 (about RM3.21 psf) for retail units and RM7,000 to RM22,000 (about RM2.18 psf) for shop-offices. The highest median price psf ever recorded was RM843 psf in Q3 2017 (Apartment), RM2,307 psf in Q4 2018 (Retail) and RM593 psf in Q2 2019 (Shop-Office); while the lowest one was RM606 psf in Q1 2014 (Apartment), RM380 psf in Q2 2009 (Retail) and RM510 psf in Q1 2019 (Shop-Office).

The current rental yield of The Strand is 4.36% for apartment units and 1.67% for retail units. The highest rental yield ever recorded was 4.36% in Q2 2019 (Apartment) and 3.69% in Q2 2018 (Retail); while the lowest one was 3.18% in Q3 2017 (Apartment) and 1.67% in Q4 2018 (Retail). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at The Strand for apartment units is 1-bedroom / 803 sf with a median price of RM760 psf. For price wise, the most expensive one is 1-bedroom / 900 sf with a median price of RM840 psf; while the cheapest one is 3-bedroom / 1,455 sf with a median price of RM670 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at The Strand for retail units is 5,460 sf with a median price of RM600 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 RM600 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at The Strand for shop-offices is 5,460 sf with a median price of RM530 psf. For price wise, the most expensive one is 6,400 sf with a median price of RM700 psf; while the cheapest one is 10,087 sf with a median price of RM370 psf.

Latest The Strand for sale listings:

DateTypeBuilt-upPrice
23-Jun-19Condominium902 sfRM688,000
22-Jun-19Condominium902 sfRM720,000
22-Jun-19Condominium734 sfRM660,000
24-Jun-19Condominium1,166 sfRM760,000
13-Jun-19Condominium809 sfRM580,000
03-Jun-19Condominium5,148 sfRM2,650,000
03-Jun-19Retail7,015 sfRM2,800,000
03-Jun-19Shop-Office-NA-RM2,300,000
03-Jun-19Shop-Office14,208 sfRM3,450,000
03-Jun-19Retail6,200 sfRM2,500,000

Latest The Strand for rent listings:

DateTypeBuilt-upRental
25-Jun-19Room In Apartment-NA-RM700
22-Jun-19Room In Apartment-NA-RM700
22-Jun-19Condominium711 sfRM1,500
18-Jun-19Room In Apartment-NA-RM700
18-Jun-19Room In Apartment-NA-RM700
18-Jun-19Room In Apartment-NA-RM650
12-Jun-19Room In Apartment-NA-RM700
12-Jun-19Condominium711 sfRM1,500
10-Jun-19Shop-Office10,087 sfRM22,000
10-Jun-19Shop-Office1,680 sfRM3,500

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