By Yoganeswari Vellusamy
PETALING JAYA: TA Global Bhd unveiled its sales gallery to showcase the highly awaited Damansara Avenue master plan.
The private opening ceremony, attended by bankers and members of the media, showcased the revamped layout of Damansara Avenue. Its newest component, the soon-to-be-launched Ativo Suites, consists of two blocks of lifestyle service apartments with full amenities.
Damansara Avenue is the first mixed-use masterplan development in Bandar Sri Damansara. It aims to meet modern lifestyle needs by conveniently connecting purchasers to all aspects of life in one central location.
Spanning 48 acres of freehold land, the development will feature service residences, retail and commercial lots, strata offices, corporate office towers, a performing arts and convention centre, an integrated sports complex and a shopping mall.
In keeping with the lush and leafy environment of Bandar Sri Damansara, this masterplan will feature extensive green areas, with a whopping 11 acres dedicated wholly to manicured gardens and landscaping.
Damansara Avenue was first launched in 2010, offering Ativo Plaza and Azelia Residences, both of which have been fully sold and completed. Ativo Plaza consists of two blocks of 198 strata offices and 43 retail and commercial lots while Azelia Residences comprises 250 units of serviced apartments.
Subsequently, MRT Corporation revealed that the new MRT line 2, which connects Sg Buloh to Serdang and Putrajaya, would be built adjacent to Damansara Avenue. The Sri Damansara East MRT Station was then proposed to provide seamless connectivity and easy accessibility to the masterplan.
With this new transportation advantage, the Damansara Avenue plan was then revamped. The highly improved design, with an estimated gross development value (GDV) of RM7.2bil, will be developed over the next 10 years with a launch slated every year.
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