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 mid-scale property developer listed on Bursa Malaysia, and it has developed about 7 property projects in Malaysia. Other similar projects by the same developer are Akasia, Cahaya Alam, Dahlia, Lotus, 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 - RM1,150,000 (Apartment)
RM3,100,000 - RM4,320,000 (Retail)
RM2,950,000 - 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 RM480,000 to RM1,150,000 (about RM720 psf) for apartment units, RM3,100,000 to RM4,320,000 (about RM600 psf) for retail units and RM2,950,000 to RM5,800,000 (about RM540 psf) for shop-offices; while the monthly rentals are from RM1,700 to RM2,700 (about RM2.28 psf) for apartment units, RM4,400 to RM7,000 (about RM3.21 psf) for retail units and RM6,800 to RM22,000 (about RM4.12 psf) for shop-offices. The highest median price psf ever recorded was RM843 psf in Q3 2017 (Apartment), RM1,964 psf in Q2 2011 (Retail) and RM593 psf in Q3 2019 (Shop-Office); while the lowest one was RM606 psf in Q1 2014 (Apartment), RM467 psf in Q1 2010 (Retail) and RM510 psf in Q1 2019 (Shop-Office).

The current rental yield of The Strand is 3.9% for apartment units and 3.69% for retail units. The highest rental yield ever recorded was 4.15% in Q2 2019 (Apartment) and 3.69% in Q2 2018 (Retail); while the lowest one was 3.18% in Q3 2017 (Apartment) and 3.28% in Q4 2017 (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 RM720 psf. For price wise, the most expensive one is 1-bedroom / 711 sf with a median price of RM890 psf; while the cheapest one is Studio / 790 sf with a median price of RM610 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 RM540 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
TodayShop-Office6,200 sfRM4,200,000
TodayShop-Office6,200 sfRM4,200,000
YesterdayShop-Office6,200 sfRM4,180,000
YesterdayRetail6,200 sfRM4,200,000
YesterdayRetail6,200 sfRM2,500,000
YesterdayShop-Office9,828 sfRM7,390,000
YesterdayOffice1,705 sfRM1,619,750
YesterdayOffice2,072 sfRM1,968,400
10-Oct-19Condominium1,166 sfRM499,500
04-Oct-19Condominium1,126 sfRM900,000

Latest The Strand for rent listings:

DateTypeBuilt-upRental
11-Oct-19Room In Apartment-NA-RM550
07-Oct-19Condominium711 sfRM1,600
05-Oct-19Condominium640 sfRM1,700
05-Oct-19Condominium640 sfRM1,700
22-Sep-19Condominium1,129 sfRM3,500
22-Sep-19Condominium920 sfRM3,000
22-Sep-19Studio790 sfRM1,750
21-Sep-19Condominium1,120 sfRM2,500
21-Sep-19Condominium902 sfRM2,200
21-Sep-19Studio640 sfRM1,800

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