Armanee

  • Property Type
    Condominium/Apartment
  • Tenure
    Leasehold
  • Street Name
    Jalan PJU 10/1C
  • District / Planning Area
    Damansara Damai
  • Completion
    2006
About Armanee

If you are looking for a double-storey abode within a condominium setting, you can consider Armanee Condominium. The duplex condominium by MK Land Bhd features an array of modern faciities within a four-acre Balinese-style courtyard, which makes it a cosy sanctuary for family living. They spacious layout includes a family room, living room, dining room, wet and dry kitchen, drying yard and balcony. Though bearing the Damansara name, the area is actually nearer to Sungai Buloh. However, improved infrastructure has ensured it is well-connected to Petaling Jaya and Kuala Lumpur via the the Damansara-Puchong Expressway (LDP) and North Klang Valley Expressway (NKVE). This eases access to the vibrant hubs around Ikea, Ikano Power Centre, The Curve, Tesco, 1 Utama, as well as Sunway Giza. Alternatively, public transportation is within minutes’ drive to KTM Sungai Buloh, Rapid KL Bus Depot, KTM Kepong and KTM Taman Kepong. The nearest places for daily needs are five minutes away at Jaya Grocer and Tok Yem Mall, plus several conveninece stores. Not much further are wide-ranging options for shopping and conveniences. There is no lack of educational institutions from kindergarten level to university. An added attraction is the nearby 48-acre Urban Park for healthy activities. Despite some glitches encountered with the developer in the beginning, it has turned out to be a well-maintained residential enclave under the efficient management team, boasting its own residents’ online portal. The demographics consist of almost an equal proportion of Chinese and Malay, a small percentage of Indian and about 2% of foreigners. It is a close-knit community of families. Such a setting is very suitable for growing families, especially for those who prefer a quieter neighbourhood away from the din and drone of a bustling hub. With sub-sale prices hovering between RM300 psf to RM435 psf (2015-2016), they are rather attractive options as family homes. However, if you are looking towards investing for recurring rental, this may not be the best option.

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Profitable Transactions (Limited to 5 Total of 17 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
09 Nov 1123 Jul 182,013 ft²2830182,0005.9
09 Nov 1123 Jul 182,013 ft²2830182,0005.9
22 Nov 1113 Sep 171,722 ft²319179398,00024.8
19 Jul 1303 Jul 171,722 ft²31126480,0004.2
20 Jun 1327 Feb 171,873 ft²374304200,0009.5

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. In addition, there are 12 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 7 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
28 Jan 1426 Feb 162,099 ft²214328-90000-8.4
30 Oct 1406 Nov 141,647 ft²315327-20000-86.1
22 Aug 1330 Aug 131,647 ft²258270-20000-87.7
05 Aug 1322 Aug 131,647 ft²270291-35000-80.3
09 Nov 1213 Dec 121,647 ft²270279-15000-29.9

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. In addition, there are 2 more unprofitable transactions

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