Ara Damansara

Jalan PJU 1A/33, Ara Damansara, Selangor

About this project

Ara Damansara is a relatively new and upcoming township, located at the borders of Subang near the old Subang airport, Sultan Abdul Aziz Shah Airport. It was once considered to be an outback area where not much attention was paid to it. Things however took a sharp turn for the better in recent years after Sime Darby took over, and prices of property in Ara Damansara shot up immediately almost overnight. A small double storey terrace house that only cost RM350,000 in the year 2000 was being sold for a minimum of RM850,000 only 3 years later, while the luxury condominiums were price from RM700,000 onwards in the year 2014. The area developed very rapidly suddenly, and abandoned projects such as The Maisson was quickly bought over by enterprising developers to be continued. Contributing to the sudden prosperity of this township is the upcoming MRT project, which will have a station within close radius of the residential community. Inasmuch as property investors are extremely happy, many motorists have voiced their extreme displeasure as the main road of Persiaran Surian serving the community is usually already at an extreme gridlock during peak hours, and the MRT station in the area is expected to increase the traffic drastically. A little known and interesting fact is that although most of the developments here are under Sime Darby, there are also a few that are under other developers. The few that are not from the renowned developer are all leasehold, while everything under Sime Darby is freehold. Credit : Propsocial 12.11.2019
Property Type
Condominium/Apartment,Detached,Semi-Detached,Terraced House
Beds
3 - 6 bedrooms
Built up
484 sqft - 13606 sqft
Transacted Price
RM 235,000 - RM 5,600,000
Asking Price (Sale)
RM 687,000 - RM 6,800,000
Asking Price (Rent)
RM 2,500 - RM 3,100

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 1 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
11 Apr 1903 Oct 19753 ft²47839360,00046.3

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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