With the spring-ups of high-end development of residential and Commercial in Damansara Town Centre or Pusat Bandar Damansara (PBD) and the pass through of the PBD mass rapid transit or MRT Line built at the Jalan Damansara-Jalan Johar-Jalan Bangsar intersection, Damansara Heights where DC Residency by Guocoland Malaysia makes an address on is drawing strong interests from developers and investors.
With the contemporary shiftment in concept that is driven to get office spaces built in lush and tranquil neighborhoods, Damansara Heights evokes ideal choices for moving office from city to urban, and the Hong Leong Group Malaysia shift is an prime example.
As a source said GuocoLand’s DC Residency will benefit from it, its 33-storey Office Tower A will welcome the arrival of this prominent company.
And could it has been that the potential re-location of the headquarters of Hong Leong Bank on 808,000 sq ft site of Damansara Heights makes the land price of the Area soar and creates an unwanted influence on the valuation for DC Residency by Guocoland Malaysia as a source said?
The answer makes relief amongst homebuyers that only investment assets coming with two office blocks, a retail mall and an elevated car park, but not its two residential blocks, contributes to the valuation, not linking to land price.
The shot-up in GuocoLand’s profit will be connected with the land purchase by Lim of Malton at a whopping RM1,628 per sq ft. However, there is no benchmark price set here.
Damansara City is the flagship development of Guocoland (M) Bhd and identified under the Economic Transformation Programme in early 2011. A half of furnished luxury apartments in Tower A of this Condo has been taken up. The average of transacted Price ranges from RM1.3 million to RM1,500 psf.
With the expensive location on Damansara Heights with the accessibility and connectivity in mind to major highways and upcoming completed MRT line, the presence of Hong Leong Group's corporate headquarters in Tower A, and MSC-status development that is compliant with the Green Building Index rating, said the Leadership in Energy and Environmental Design Gold rating and CONQUAS Quality Assessment for building construction works, DC Residency will feature an attractive choice for any home-staying or capital investment.
For further information or VVIP discount and priority unit selection of DC Residency by GuocoLand Malaysia, please contact us by dialing DEVELOPER SALES HOTLINE (65) 9698 7878 or fill in the form on the right side. We will get back as soon as possible.