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
RM480,000 - RM790,000 (Apartment)
RM3,100,000 - RM4,320,000 (Retail)
RM2,890,000 - RM3,730,000 (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 RM480,000 to RM790,000 (about RM810 psf) for apartment units, RM3,100,000 to RM4,320,000 (about RM570 psf) for retail units and RM2,890,000 to RM3,730,000 (about RM530 psf) for shop-offices; while the monthly rentals are from RM1,800 to RM2,600 (about RM2.28 psf) for apartment units, RM5,100 to RM7,500 (about RM3.25 psf) for retail units and RM7,000 (about RM4.12 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 RM581 psf in Q3 2018 (Shop-Office); while the lowest one was RM606 psf in Q1 2014 (Apartment), RM380 psf in Q2 2009 (Retail) and RM531 psf in Q1 2019 (Shop-Office).

The current rental yield of The Strand is 3.13% for apartment units and 1.67% for retail units. The highest rental yield ever recorded was 3.93% in Q3 2018 (Apartment) and 3.69% in Q2 2018 (Retail); while the lowest one was 3.13% in Q1 2019 (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 RM810 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 RM540 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 RM570 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 RM570 psf.

Shop-Office Layouts

Meanwhile, 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 5,460 sf with a median price of RM530 psf; while the cheapest one is 10,087 sf with a median price of RM370 psf.

Latest The Strand for sale listings:

DateTypeBuilt-upPrice
16-Feb-19Condominium902 sfRM720,000
16-Feb-19Condominium711 sfRM590,000
11-Feb-19Office9,828 sfRM8,000,000
11-Feb-19Retail-NA-RM2,800,000
11-Feb-19Shop-Office5,600 sfRM3,100,000
11-Feb-19Office2,451 sfRM1,700,000
11-Feb-19Office1,705 sfRM1,390,000
11-Feb-19Retail6,200 sfRM2,000,000
11-Feb-19Office2,451 sfRM1,600,000
11-Feb-19Retail2,451 sfRM2,000,000

Latest The Strand for rent listings:

DateTypeBuilt-upRental
16-Feb-19Condominium640 sfRM1,700
15-Feb-19Retail1,560 sfRM5,000
15-Feb-19Office1,560 sfRM2,500
15-Feb-19Office2,400 sfRM2,400
15-Feb-19Office2,250 sfRM2,300
15-Feb-19Retail4,900 sfRM8,400
14-Feb-19Retail-NA-RM1,000
14-Feb-19Office1,560 sfRM2,100
14-Feb-19Shop-Office2,000 sfRM2,200
14-Feb-19Retail1,560 sfRM4,600