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Ace Realty located at Neo Damansara, Petaling Jaya.
Neo Damansara
Neo Damansara is a mixed commercial and residential development
located near the entrance of Damansara Perdana. Developed by
Paradigma Intan, a member of EMKAY Group, this leasehold property
has proven to be a competition to other high-rise developments in
the Damansara Perdana vicinity.
The ground floor units of Neo Damansara are allocated for shop and
retail, while the others are suitable for office purpose. It is the
latest addition in the enclave that comprised of shop offices,
office tower and suites, show room or trade space, entertainment
center, food and beverage outlets and a retail plaza. Skyrocketing
above the commercial units are the residential living space, ranging
from studio units to two bedroom units. In total, the whole
development consisted of 6 blocks of residential units and an office
tower.
Neo Damansara is a hot property to have in terms of studio apartment
properties in Damansara Perdana. The highlight of this property is
definitely the parking bay offered by the management, that is absent
in other rivalling properties in the area. There is also the added
advantage of having swimming pools, gymnasium, sauna and surau. Avid
readers will certainly enjoy utilizing the reading room thoughtfully
provided by the developer. These facilities are located on the sixth
floor of this development.
Neo Damansara Phase 1 is comprised of 14 units of en-bloc
shop-offices and 70 units of strata shop offices, with an estimated
GDV of RM100 million and was completed in October 2009. After the
success of Phase 1, which claimed to be sold out within a week, the
developer launched the additional Block E, which comprises one
12-storey building with 84 units of strata titled shop offices,
penthouse suites, office suites and retail shops; with an estimated
GDV of RM36 million.
Neo Damansara is cocooned in between hypermarket, luxury car show
rooms, lifestyle restaurants and retail outlets. Located within
close proximity to PJ Trade Centre, the residents working in the
building can simply walk to their office instead of driving their
cars. Likewise, shopping malls that include IKANO, IKEA, e-Curve,
The Curve, Tesco are also within walking distance. These malls offer
a variety of eateries, coffee shops and entertainment activities,
fit for all ages and classes.
In terms of accessibility, Neo Damansara can be easily accessible by
a network of highways. The fastest route to the city center would
definitely be Penchala Link which is accessible within 2 minutes of
driving and directs to Mont Kiara and Jalan Duta. From Penchala
Link, there will be adjacent access to DUKE Highway that promises to
reach Ampang in 20 minutes. Besides that, you can make use of the
Damansara Puchong Highway (LDP) to reach Kepong, Kelana Jaya,
Sunway, Subang Jaya and Puchong.
Property Details
Name: Neo Damansara
Address: Jalan PJU 8/1, Damansara Perdana, 47410 Petaling Jaya,
Selangor
Developer: Padigma Intan (a subsidiary of EMKAY Group)
Completion Date: Late 2012
Type: Shop Office & Apartment
Tenure: Leasehold
No. of Block: 6
No. of Storey: 6 – 14
No. of Units: 168
Land Area: 7.64 acres
Built up: 421 sf – 876 sf
Maintenance fee: RM0.35 psf
Studio Apartment: RM0.35
Launch Price
Studio: RM390,000
Shop Office: RM1.2 million
Subsale Price: RM249,000 - RM780,000
Rental: RM950 - RM3,000
Layouts
Type 1 (studio) (421 sf)
Type 2 (studio) (470 sf)
Facilities
Children’s playroom
Sauna
Multi-purpose hall
Swimming pool
Children’s pool
Reflective pool
Surau (male & female)
Gymnasium
Reading room
Market Trends Analysis
It is claimed that the 1st phase of Neo Damansara is sold out within
a week after it was launched. Nonetheless, this commercial centre
will be in demand by huge crowd from Damansara Perdana residents
itself, and also workers from the PJ Trade Centre. It is
strategically located at the entrance of Damansara Perdana enclave,
but there are too many commercial centres in the area.
People from surrounding areas have plenty of other alternatives such
as shopping centres in Mutiara Damansara, 1-Utama and Tropicana
Mall. Neo Damansara is surrounded by established townships and
plenty of amenities. It is just few kilometers away from Taman Tun
Dr Ismail (TTDI) and Mutiara Damansara. Besides that, it is also
neighboring Bandar Utama and Kota Damansara. In the Damansara
Perdana itself, there are Citibank, Bank of Scotia and Hong Leong
Bank as for banks; Deutches Gasthaus and Friendster Cafe as for bar
and cafe; and numerous restaurants can be found.
The convenience Neo Damansara has to offer makes the property a
hotspot for young executives living in the area. They can fully
appreciate the wide selection of bars, bistros and restaurants. If
the local scene does not meet their fancy, a short drive can take
them to Mon’t Kiara, Damansara Uptown and Sea Park for a wider
choice of food havens and entertainment.
Sources: www.propwall.my
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