Oasis Ara Damansara is a commercial hub that is located opposite the Saujana Golf & Country Club. It is divided up into 6 phases of development on 15.78 acres of land, and features office towers, shops, jogging track, serviced apartments, and a Central Piazza which has a floating stage, water features, a bridge, cafes, and shops. It is another project by Sime Darby Brunsfield, The first phase of Oasis Ara Damansara comprises of 288 shop offices, and 10 to 12-storey office blocks. It was completed in 2009, and all 6 phases will be completed by 2011. Blocks C and D have 88 and 142 units of office suites respectively. There are also 42 retail units that are 1,569 sf to 2,431 sf big and are located on the ground floor. These were originally priced at RM625 psf and RM700psf. The office suites range from 927 sf to 2,988 sf. The launch price for these are between RM450 psf to RM464 psf.The serviced apartments, dubbed Oasis Serviced Suites, come in 4 different layouts. There are 2 studio designs, with a built up size of either 572 sf and 669 sf. The 2-bedroom suite has a built up size of 944 sf, while the 2+1 bedroom suite has a built up area of 1,108 sf. Each suite has a built-in wardrobe, kitchen cabinets, kitchen hood and hob, air conditioner, hot water system, and a security alarm system with intercom and panic buttons.Facilities at the Oasis Serviced Suites include a yoga garden, jogging track, gymnasium, children's playground, gazebos and patios, sauna, changing rooms, children's playroom, reading room. Surau, function room, TV room, aerobics room, bistro, games room, stage, swimming and wading pool, BBQ area, water features, and a putting garden.This entire project is expected to be completed by 2012. In the future, there will be several blocks of 12-storey office towers, plus 2-storey food and beverage kiosks launched. In the mean time, there currently is a comprehensive security system ranging from central monitoring, and CCTV from not only the buildings but the service roads as well. Other features include a 24-management and maintenance team (great for those staying in the serviced apartments), has 5,000 car parks, and is wheelchair friendly.Oasis Ara Damansara is located in front of Jalan Lapangan Terbang Sultan Abdul Aziz Shah. It is accessible via many major highways and expressways, including the NKVE, LDP, KESAS, NPE, Federal, and North-South (ELITE). There is also a proposed Putra LRT station nearby. As for the residents in the serviced apartments, they will have access to private schools, good medical centres, and all the eateries and shops right next door to them.
Property Details
Name: Oasis Ara Damansara Address: Jalan Lapangan Terbang Sultan Abdul Aziz Shah, Ara Damansara, Selangor Developer: Sime Darby Brunsfield Completion Date: 2012 (entire project) Tenure: Freehold Type: Mixed Commercial & Residential No. of Blocks Corporate Office Tower: 3 Shop & Office Suite: 5 Oasis Serviced Suites: 2 No. of Storey: 10 & 12 (Shop & Office Suite) No. of Units Office Suite: 230 Retail: 42 Land Area: 15.78 acres Built-up Retail: 1,569 - 2,431 sf Office Suite: 927 - 2,988 sf Oasis Serviced Suites: 572 sf, 669 sf, 944 sf, and 1,108 sf Launch Price Retail: From RM980,625 Office Suites: From RM417,150Market Trends
Analysis
Oasis Ara Damansara is a very large development with the aim of creating Ara Damansara into a "Linear City". It certainly is a very interesting concept, and is a great deal especially for those who were the earliest purchasers of the commercial units. These lucky folks have already gained a 10% appreciation on their buys here, with more to come once everything has been completed. If you missed out, be sure to grab one when you can – as long as it is the right price!As for the residential serviced suites, there are pros and cons to this area. The pros of buying into Oasis Serviced Suites are that it is next to the retail and shopping centre. If you also happen to have an office here, you basically call live in this mini-town or linear city without having to use your vehicle – thus being able to sleep in late, save on fuel, and avoid traffic jams. Not only that, but the residential serviced suites are also overlooking the Saujana Golf and Country Club, which makes for a fantastic view. If you have children, there are several good schools nearby. Alternatively, this could be good for rental as the Japanese School is quite nearby and thus the highly paid Japanese expatriates could be your key market. This could bode well for you, if your rental strategy is executed properly.On the downside, it is quite close to Subang Airport which has flights at all times of the day. It may be possible that there may be some noise from the aircraft.
