Menara Damansara is a high-rise residential development located within the matured neighborhood of Bandar Sri Damansara. Several similar residential developments can be found within close proximity from the apartment including SD Tower, Sri Damansara Court, and SD Apartments.The apartment comprises several block of 16-storey tall towers, with an average of no more than 10 units per floor. The low density development consists of units with built-up sizes at an approximate average of 916 sf to 1,132 sf. Typically, most units within Menara Damansara have 3 bedrooms and 2 bathrooms; standard facilities are provided for residents.Amenities are easily available in abundance as there are many shop-offices which is host to restaurants, banking facilities and government agencies such as Police Station. A number of fast food restaurants can be easily accessed such as Pizza Hut, Groupbase Cafe and McDonald's. Additionally, the enclave is within close proximity to Sri Damansara Shopping Center which is host to even more choices of eateries and recreational activities.In terms of education, the enclave is practically surrounded by varying schools. The closest one from Menara Damansara would be SM Sri Bestari, SR Sri Bestari, SK Bandar Sri Damansara 2, SK Bandar Sri Damansara 3 Petaling, and SMK Bandar Sri Damansara 2. Additionally, a number of religious establishments could be found nearby as well, especially mosques.Menara Damansara is well served by a number of major highways rendering traveling to and fro the enclave easy. It is technically surrounded by 3 major highways including LDP, NKVE and Selayang-Kepong highway - all of which are easily accessible within 5-minute drive. Apart from that, taxi and bus stands can be found along the road leading towards the enclave.
Property Details
Name: Menara Damansara Address: Jalan Margosa SD10/1, Bandar Sri Damansara, Petaling Jaya, Selangor Completion Date: 1999 Type: Apartment Tenure: Freehold No. of Storey: 16 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 916 sf - 1,132 sf Maintenance Fee: RM180 Subsale Price: Rental: Facilities
Covered parking Playground Swimming pool BBQ area 24-hour security Jogging track Wading poolAnalysis
Menara Damansara is considered one of the more affordable development located within the vicinity of Bandar Sri Damansara. Affordable priced at an approximate of RM175 psf onward, it is comparatively cheaper to most other similar developments which is trending towards RM230 psf onwards. Apart from that, a quick survey of the surrounding area will lead one to realize that it is lower in density in comparison to surrounding developments.The development is deemed by a few to be a reasonably good opportunity for investment in terms of capital appreciation and rental yields. Owners are looking at an almost certain 6% rental yield, along with potential for capital appreciation as it is comparatively cheaper than surrounding developments. That being said however, the apartment's facade has noticeably degraded over the years and would most probably require a new coat of paint in a matter of time.
