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Property Insights & Reviews : Palm Spring

Palm Spring

8 for Sale

2 for Rent

Leasehold

L/H
Palm Spring (also known as Palm Spring Condominium) is a high density condominium located in Kota Damansara and developed by Muafakat Kekal. It comprises of 6 condominium blocks with a total of 2,180 condominium units. Each block has U-shape design thus one cannot see the passage far due to the U-shaped corridor. There are 329 parking bays provided (besides the individual each car park per resident) plus 38 parking bays for visitors. Furthermore, just besides Palm Spring, there are rows of shop that comprise of a number of cafes, restaurants and 7-Eleven. Within short driving distance, residents can reach prime shopping malls, namely The Curve, Cineleisure and IKANO Power Centre as well as a hypermarket, Tesco Damansara and the renowned Swedish furniture store, IKEA. All these malls are connected to each other and one can walk through all of them. These malls contain chic and fancy restaurants, branded apparel stores and also leisure centers, such as karaoke center, cinema, skating ring, bowling center as well as Kidzania. The amenities surrounding Palm Spring are great convenience to the residents as the mini market, 24-hour Mamak restaurants and the laundry provide all the basic needs for every day necessities. The facilities on site such as the badminton court, the swimming pools and playgrounds are well maintained and providing an added value to the property. This condominium appreciation has been fast and significant. In 2011, the price for 936 sf unit was RM260K while in 2012, the unit’s price tag reached RM330K. It is expected for further increase with the MRT station expected for completion in 2017.Others in the 1 km vicinity include are Giza, Giant and Aeon Big hypermarket from Palm Spring. Not only that, it is just within minutes away from 1-Utama Shopping Center. In terms of accessibility, Palm Spring is accessible via Jalan Damansara, Lebuhraya Damansara Puchong (LDP), Penchala Link and NKVE. Residents can utilize any of these options to reach the city center. It requires about 30 minutes reaching the city centre or just 10 minutes via Penchala Link.

Property Details

  • Name: Palm Spring (also known as Palm Spring Condominium)
  • Address: Jalan PJU 3/29, Section 13, Kota Damansara, 47810 Petaling Jaya, Selangor
  • Developer: Muafakat Kekal
  • Completion Date: 2005
  • Type: Condominium
  • Tenure: Leasehold
  • Built-up: 915 - 1,259 sf
  • No. of Blocks: 6
  • No. of Units: 2,180
  • Launch Price: From RM160,000
  • Subsale Price:
  • Rental:

    • Facilities

  • Clubhouse
  • 7 swimming pools
  • Children's wading pool
  • Indoor badminton court
  • Gymnasium
  • Sauna
  • Jacuzzi
  • Tennis court
  • Nursery
  • Children's playground
  • Mini market
  • Golf-putting ground
  • Multi-level car park
  • 24-hour security with smart card access system

    • Market Trends



    Latest transaction in Palm Spring, Kota Damansara

    SPA Date Address Size Price
    22/01/2018 B-X-X, JALAN PJU X/X 936 ft2 385000
    30/11/2017 C-X, JALAN PJU X/X 936 ft2 402000
    30/11/2017 D-X-X, JALAN PJU X/X 915 ft2 420000
    16/11/2017 C-X-X, JALAN PJU X/X 936 ft2 376000
    31/10/2017 C-X-X, JALAN PJU X/X 936 ft2 385000

    Analysis

    The Management and joint committee members have strengthen the effort to tighten the security, i.e. bringing in new security guards, implementing new CCTV camera at pedestrian entrance, touch card system with photos on every residents. The traffic congestion were terrible as by the illegal car parking by Pelangi Damansara's residents on the roadside of the main road. However things has signicantly improved since the completion of Pelangi Damansara renovation and the launch of The Club recent year. As there are 2 entry points to the condo, residence have various options to avoid rush hours jams back home.Most of the initial buyers of earlier blocks development have gained much capital appreciation from the investment, as they managed to sell them below developer price, which was the later launched price of the later blocks. Thus, initial Palm Spring's owners have no problem to scrap their investments with profit than later owners. But then the developer had difficulties to sell the later units due to the complaints by the residents as well as the residents opt to sell their units at more attractive price than offered by the developer.When passing Palm Spring, one can see rows of cars parked on the roadside next to Palm Spring, as it is highly in demand from those commuting to PJ, Shah Alam and KL city centre executives. It comprises of 2,180 units but has only 329 extra parking bays (besides their respective 1 car park per unit) to cater these residents. There are residence whom need more than 1 car park per household, they would park their cars outside of the compound if they do not want to pay RM130 per month for extra carpark), hence, willing bear the risk of their cars being vandalized or compounded.Located in a strategic centre, access to PJ / Shah Alam and KL city centre is within 15- 30 minutes. One used to have struggle in massive traffic congestion along Persiaran Surian that connects Kota Damansara and Lebuhraya Damansara Puchong (LDP). The tunnel outside Ikano used to flood as heavy rain occurs due to bad drainage system. However, these issues have been vastly improved since and no flooding had been reported since 2006. It is also timely to note, the MRT route will running along Persiaran Surian to Sunway Damansara with its station less than a km away.
    Palm Spring高密度公寓（亦称为Palm Spring Condominium）坐落在雪州Kota Damansara，共分为6座公寓建筑物，是由Muafakat Kekal开发，一共有2180个单位。每栋楼是U字形设计，所以从走廊望去，前方的视线不会太远。每栋楼设有329个停车位（每户1车位），另外38个保留为访客停车位。在公寓大厦旁边，是一排商店，包括咖啡厅、餐馆和7-Eleven便利店。只需短暂车程，即可抵达各大商场，例如The Curve、Cineleisure、IKANO Power Centre、Tesco Damansara以及著名家具专卖场IKEA。这些商场都互相连接，逛起来非常方便，而且里面应有尽有，餐饮、娱乐以及儿童消遣去处一应俱全。在这里生活最大的优点是方便，下楼即有迷你市场、24小时Mamak餐馆和洗衣店，生活上基本需要的物品或服务，在这里都可找到。这里的设施如羽球场、泳池、游乐场等等都保养得很好，等同如提升了产业价值。此产业的增值幅度还蛮快且高。于2011年， 936平方尺公寓售价是RM260K；到了2012年，已经叫价RM330K，预料这里的地铁站于2017年竣工时，房价将进一步提升。在方圆一公里内的商场还有 Giza、Giant以及Aeon Big，距离1-Utama购物商场也不过数分钟的车程。这里交通网络方便，Jalan Damansara、白蒲大道（LDP）、 本查拉连贯大道（Penchala Link）以及新巴生谷大道（NKVE）都可以通行来到Palm Spring，而且只花30分钟车程即可从这些公路通往首都市中心，如果是使用Penchala Link，10分钟便可抵达。

    产业资讯一览

  • 名称: Palm Spring (亦称为 Palm Spring Condominium)
  • 地址: Jalan PJU 3/29, Section 13, Kota Damansara, 47810 Petaling Jaya, Selangor
  • 发展商: Muafakat Kekal
  • 竣工日期: 2005
  • 类型: 公寓
  • 产权：租赁地契
  • 实用面积: 915 – 1,259 sf
  • 建筑物: 6栋
  • 单位数目: 2,180
  • 推售价: From RM160,000
  • 转售价: RM280,000 - RM700,000
  • 租金: RM945 - RM3,000

    • 设施

  • 俱乐部
  • 7 个泳池
  • 儿童浅水池
  • 室内羽球场
  • 健身室
  • 桑拿浴室
  • 按摩浴缸
  • 网球场
  • 托儿所
  • 儿童游乐场
  • 迷你市场
  • 高尔夫球推杆区
  • 多层停车场
  • 24小时保安，触卡系统

    • Market Trends



    Latest transaction in Palm Spring, Kota Damansara

    SPA Date Address Size Price
    22/01/2018 B-X-X, JALAN PJU X/X 936 ft2 385000
    30/11/2017 C-X, JALAN PJU X/X 936 ft2 402000
    30/11/2017 D-X-X, JALAN PJU X/X 915 ft2 420000
    16/11/2017 C-X-X, JALAN PJU X/X 936 ft2 376000
    31/10/2017 C-X-X, JALAN PJU X/X 936 ft2 385000

    分析

    公寓联合委员会成员共同努力提升住所保安，例如引进新的保安系统，在行人道入口处加装新的闭路电视，并且采用贴有住户相片的触卡。由於面对Pelangi Damansara居民非法停车在路旁问题，所以交通阻塞相当严重。不过，Pelangi Damansara翻修后情况大有改善，加上公寓有两个进出口，下班时间也可避过堵塞的交通。每次经过Palm Spring都会看到长长一排车子停在路旁，因为很多往返八打灵再也、莎阿南和吉隆坡市中心的上班族，都爱在里居住。不过，总数2180个单位每户只能分配到1车位，需要额外车位的住户只能停在户外，面对车子可能被破坏的风险，除非他们愿意每月多付RM130。最大好处是其地理位置优越，无论前往八打灵再也、莎阿南或吉隆坡市中心，只需15至30分钟车程，不过，来到Kota Damansara和白蒲大道（LDP）交界路口，必须在Persiaran Surian面对交通堵塞。Ikano外面的隧道经常在大雨后浸水，不过，当局进行排水系统提升工程后，于2006年至今都没有再面对浸水问题。值得一提的是，政府积极开展的捷运工程，路线也涵盖这里的Persiaran Surian 至Sunway Damansara，捷运站距离公寓不超过一公里路程。

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