The median sale at Mutiara Damansara, Selangor, Malaysia is RM 900,000
Mutiara Damansara is a prosperous township located in Petaling Jaya, Selangor established in 2001. It is bordered by Damansara Perdana, Kota Damansara, Taman Tun Dr. Ismail, Bandar Utama, Kampung Sungai Penchala and Sunway Damansara. It comprises 355 acres of freehold housing and commercial projects developed mainly by Boustead Holdings Berhad.
Mutiara Damansara has a well-planned infrastructure with ever rising property values. It houses a complete gamut of property types that include Mutiara Hill – exclusive bungalow estate; Mutiara Homes – exclusive gated residential enclave consisting mainly of 2-storey terrace houses and 2-storey semi-detached houses; Reflection Residence – 39-storey serviced condominium; Surian Residencies – 25-storey and 23-storey dual tower condominium; Desa Mutiara Apartment – eleven blocks of five-storey medium cost apartments; Pelangi Apartment – 19-storey leasehold apartment; Surian Tower – 26-storey freehold retail office building; Menara TSR – 17-storey office tower; Menara Mudajaya – 16-storey office tower with a daily rental auditorium; Menara KLK – 11-storey freehold commercial office building developed as a “green building”; Menara UAC – 10-storey premium corporate office building; Pelangi Business Centre – 6-storey building with shop-office units; Nucleus – integrated development consisting of corporate offices, serviced apartments and retail outlets and Pelangi Damansara Sentral – 16-storey building with mainly residence suites and also 3 levels of commercial space. Popular major corporations with offices in Mutiara Damansara include UAC Berhad, Proton (Platinum Showroom), Bentley Music, Lexus and Mercedes Benz.
Amenities and Facilities
The major commercial attraction in Mutiara Damansara is the Curve, Malaysia’s first open-air pedestrian street mall popular among locals and tourists alike. Adjoining the mall is a 4-star boutique hotel, The Royale Bintang Damansara. Walkways connect the Curve to world-class retail establishments such as IKEA Home Furnishing, IPC Shopping Centre, eCurve, Tesco Hypermarket and Surian Tower. The two landscaped recreational park areas that form Mutiara Park offer a playground and cycling tracks for neighborhood kids, is suitable for joggers and has a small lake perfect to relax by.
Other amenities include suraus (Surau Mutiara Damansara and Surau Perdana), Christian Life Gospel Centre, post office, Mutiara Damansara Police Station, petrol station, banks, clinics (including veterinary clinics). Amenities in adjoining neighborhoods within a short drive include schools, 1 Utama Shopping Centre, Centrepoint, Giant Kelana Jaya, Tropicana Golf & Country Resort, Carrefour, Selangor Polo Country Club and The Club. Within a 15-minute drive are healthcare services, Tropicana Medical Center or KPJ Damansara Specialist Centre and higher education institutions, SEGi University, KDU College and KBU International College.
Accessibility and Transportation
The excellent network of roads allows easy access via Lebuhraya Damansara-Puchong (LDP), New Klang Valley Expressway (NKVE) and Persiaran Surian. Additionally, a 100 foot spinal road links Mutiara Damansara via the Bukit Lanjan interchange, onto the Penchala Link to the SPRINT Expressway.
|Project / TownShips||Type||Median Price Psf||Median Price||Filed Transactions|
|Desa Mutiara Apartment||Flat,Condominium/Apartment||RM 357||RM 253,161||78 Transactions|
|Mutiara Damansara||Terrace House,Detached House,Semi-Detached House||RM 783||RM 2,079,930||71 Transactions|
|Surian Condominium||Condominium/Apartment||RM 660||RM 1,084,375||59 Transactions|
|Surian Residences||Condominium/Apartment||RM 728||RM 1,185,506||53 Transactions|
|Reflection Residences||Hotel/Service Apartment,Condominium/Apartment||RM 771||RM 917,232||12 Transactions|
Rent and Sale Prices in Mutiara Damansara
|Bedrooms||Sale Price||Monthly Rent||Rental Yield|
|1||RM --||RM --||--|
|2||RM --||RM 2,834||--|
|3||RM 877,090||RM 2,974||4.07%|
|4||RM 1,054,286||RM 5,053||5.75%|
|5||RM 1,390,987||RM 5,403||4.66%|
Price per Square Foot
|Sector||Price Psf (Non Landed)||Price Psf (Landed)|
|Area Average||RM 505||RM 722|
|State Average||RM 272||RM 297|