2Sty Shop Facing Main Road Bistari DE Kota Damansa
Kota Damansara, Selangor
RM 1,650,000
Property Type
Listing Type
Property ID
20160722175955
Location
Listed By
WhatsAppSpecifications
Tenure
Land Area
1650
Built Up Area
3300
Bumiputera Lot
No
Township
Bestari De Kota
Negotiable
Yes
Title Type
Land Title Type
Occupancy
Furnishing
Description
~22x75
~Ground floor tenanted Rm3500pmth until 2017
Option to renew Rm3850pmth 2017-2020 & Rm4200 2020-2023
~1st floor tenanted Rm1500pmth expiring on 2017
The township was previously a forest reserve, bordered in the west by the Sungai Buloh Industrial Park, in the south by the Tropicana Golf and Country Club and on the south-east by Bandar Utama Damansara. The development of Kota Damansara first began in 1992 and was initially undertaken solely by PKNS. The pace of development picked up when PKNS decided to develop parcels via joint ventures or privatisation in 2005. Excluding developments by private developers and joint ventures, PKNS has launched more than 8,500 units, with an average take up rate of more than 85%. As at end of 2005, the estimated population of Kota Damansara was 300,000 and rising [reference?]. It is listed as one of the most developing housing markets because of its easy accessibility.
In the last few years, the value of residential property in Kota Damansara, Selangor, has more than doubled. The transformation and development of Kota Damansara did not happen by chance. KGV International Property Consultants Sdn Bhd executive director Anthony Chua says that when the adjacent Taman Tun Dr Ismail became an affluent township, the urban sprawl spilled into Bandar Utama and then, Kota Damansara.
The overall outlook for demand at Kota Damansara is positive and upbeat; demand growth is sustainable due to, among other factors, its location adjoining Petaling Jaya, the anticipation of a new MRT line; and the development of Kwasa Damansara, he said
The 51km line has 31 stations, with the Surian, PJU 5 and Kota Damansara stations located within Kota Damansara.
The first phase of the MRT Sungai Buloh-Kajang Line, from Sungai Buloh to Semantan, is scheduled to open by the end of 2016 and the second phase, from Semantan to Kajang, on July 2017.
Loan & Insurance Calculator
Estimates onlyRates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.
Monthly Instalment
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Loan Amount
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Total Interest
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MRTA vs MLTA Comparison
Indicative estimates - actual premiums depend on insurer, health & plan| MRTA | MLTA | |
|---|---|---|
| Estimated Premium | - | - |
| Payment | One-off (usually financed into loan) | Monthly / yearly premium |
| Coverage | Reducing - follows loan balance | Level - fixed sum assured |
| Beneficiary | Bank (settles the loan) | Family (loan settled, balance to family) |
| Cash Value | None / minimal | Yes - may have cash value |
| Transferable | Tied to this loan | Portable to next property |
All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.
Nearby Places
Map data © OpenStreetMap contributors. Approximate location based on property name and area.