The Beverly Hills of Malaysia

Some say Damansara Heights or Bukit Damansara in Kuala Lumpur is the most coveted high-end address for Malaysians. Positioned on the hills in quiet surroundings, yet close to the heart of the capital city of the country, it is also dubbed the Beverly Hills of Malaysia. 

Damansara Heights is just 5km to the west of Kuala Lumpur city centre and well connected by roads and highways such as Jalan Maarof, Jalan Damansara, Jalan Duta, Jalan Semantan, North-South Expressway and the Sprint Expressway. 

The accessibility of the area has been enhanced in recent years with the completion of the mass rapid transit (MRT) line that began operations in 2017, placing two stations within its area, namely Pusat Bandar Damansara and Semantan stations. 

The exclusive upscale housing area is filled with mansions and bungalows, terraced houses and condominiums. 

One of the nation’s top private schools — Cempaka International School and Malaysia’s private university HELP University — are part of the neighbourhood.   

It is also home to offices of multinational corporations, embassies, regulatory bodies and government departments, as well as a mall and high-end cafes and restaurants. Also boasting a Damansara Heights address are the National Palace and the National Science Centre.

Damansara Heights is supported by comprehensive amenities such as restaurants and eateries, banks, a medical centre and shopping malls such as Damansara City Mall. The mall is part of the 8.5-acre freehold iconic Damansara City transit-oriented (TOD) development by premier developer GuocoLand Malaysia Bhd. Another component of Damansara City is DC Residensi, a luxury high-rise residential project featuring exclusive facilities.

Housing prices in the affluent area have been holding steady. According to data by EdgeProp.my, in 2019, non-landed homes in Damansara Heights were transacted at an average price of RM715 psf, a slight increase of 1.1% from RM707 psf recorded in 2018. The price in 2019 has grown 4.99% from 2015. 

Among the most popular non-landed projects on the secondary market recorded over the years 2017 to 2019 were Desa Damansara, Sri Murni and Damansara Villa. 

Desa Damansara is a freehold low-density luxury condominium that is more than a decade old which has seen the likes of bankers and ministers making it their home. It has only 114 units with built-ups ranging from 1,615 sq ft to 1,900 sq ft. The average transacted price from 2017 to 2019 was RM822 psf or RM1.6 million. 

Meanwhile, Sri Murni is a low-rise freehold condominium located at the fringe of Damansara Heights and closer to the city centre. The 27-year-old project is well maintained and is one of the most popular projects in the vicinity. Over the past three years, a total of 11 units of Sri Murni changed hands, recording an average price of RM668 psf or RM1.4 million.

Damansara Villa is also a low-density project, which is located at the top of a hill and surrounded by landed homes. It gives residents unobstructed views of the surrounding areas. 

Damansara Villa was completed in 1993 and houses only 52 units spread over eight storeys. The  average transacted psf price recorded between 2017 and 2019 was RM504 psf or RM956,800.

Read more about "Where to look?" in EdgeProp Malaysia’s “Destination: Malaysia” e-Pub

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