Strand Residences, The Strand
Strand Residences (also known as Encorp Strand Residences) is a leasehold apartment located in The Strand, Kota Damansara.The built-up available at this project is 640 sf to 1,455 sf. It was developed by Encorp Bhd, and was completed in about 2015.
Encorp Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 7 real estate projects in Malaysia. Other similar projects by the same developer are Akasia, Cahaya Alam, Dahlia, Lotus, Strand Mall and The Strand.
This apartment has many amenities nearby, for example schools, metro transport stations and universities.
The current market prices for Strand Residences are from RM490,000 to RM790,000 (about RM700 psf); while the monthly rentals are from RM1,800 to RM2,700 (about RM2.24 psf). The highest median price psf ever recorded was RM844 psf in Q3 2017; while the lowest one was RM715 psf in Q3 2018.
The current rental yield of Strand Residences is around 4.15%, compared to 3.8% a year ago in Q1 2018. The highest rental yield ever recorded was 4.17% in Q4 2017; while the lowest one was 3.0% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Strand Residences is 1-bedroom / 803 sf with a median price of RM700 psf. For price wise, the most expensive one is 1-bedroom / 711 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.
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