Desa Sri Hartamas

1 for Sale

0 for Rent

Freehold

F/H

Desa Sri Hartamas is one of the upper middle class housing neighborhoods in Kuala Lumpur. The neighborhood consists of mainly linked houses and bungalows, catering to the affluent working class in Malaysia. It is situated in between of Mont Kiara and Damansara Heights, making it one of the most sought after addresses in KL. Desa Sri Hartamas is also one of the popular commercial and entertainment hubs in Kuala Lumpur. The commercial hub consists of mainly restaurants, shops, bars, and Malaysian style food bazaar, catering to the affluent working class and expatriates in Malaysia. It is situated in between of Mont Kiara and Damansara Heights, making it one of the most popular hangout places in KL. It is easily accessible via Lebuhraya Jalan Semantan, Jalan Duta-Sungai Buloh, Lebuhraya SPRINT, and Jalan Duta. It is only minutes away from Mont Kiara and Pusat Bandar Damansara, where plenty of amenities can be found.

Property Details

Name: Desa Sri Hartamas

Address: 50480, Sri Hartamas, Kuala Lumpur

Type: Terrace House & Shop

Tenure: Freehold

Built-up: 1,760 - 7,000 sf

Subsale Price:

Rental:

Market Trends

Latest transaction in Desa Sri Hartamas, Sri Hartamas

SPA Date	Address	Size	Price
15/08/2016	Jalan X/Xa	2400 ft²	1900000
06/07/2016	Jalan X/Xa	1765 ft²	1660000
05/03/2016	Jalan X/Xa	1647 ft²	1550000
05/03/2016	Jalan X/Xa	1647 ft²	1700000
02/03/2016	Jalan X/Xa	1647 ft²	1550000

Analysis

Houses in Desa Sri Hartamas are highly sought after by the upper middle class Malaysians and expatriates. Even during economic crisis, property prices in this exclusive neighborhood hardly drop. Furthermore, shops in Desa Sri Hartamas are highly frequented by party goers, yuppies, affluent working class, food lovers and expatriates. In terms of night life, Desa Sri Hartamas is now a small and vibrant community, particularly the wide range of restaurants and bars that have developed around the shopping area. While there are some western style expat bars, there is also a good food court and a multitude of Korean, Japanese, Thai and Malaysian restaurants.In mid 1990s, Sri Hartamas enclave gained popularity as a desired neighborhood. However before that, it was deemed too isolated, with little to no infrastructure in the area. As demand for quality housing in KL increased, this soon became irrelevant. But the real boom started when restaurants, shops, bars and as well as an outdoor Malaysian style food bazaar began opening there.