Three Shop Bestrai DE Kota Damansara

~3Sty shop facing car park
~22x75
~Rm2,900pmth for ground floor

Kota Damansara is a township located in Petaling Jaya, Selangor, Malaysia. It is spread across 4,000 acre (16 km?) of land.

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

Construction of the Mass Rapid Transit (MRT) Sungai Buloh-Kajang Line, which started in 2011, was 64% complete as of May 31, 2015.

The 51km line has 31 stations, with the Surian, PJU 5 and Kota Damansara stations located within Kota Damansara.

Notably, Surian station will be linked to the adjacent Tropicana Gardens, a mixed-use development, while Sunway Nexis Soho will also be linked to the station via an MRT deck. Both mixed-use developments consist of offices and retail components.

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.

Meanwhile, Kwasa Damansara, taking shape on former Rubber Research Institute Malaysia land 10km away from Surian station, is to be a major transit hub.

Although many real estate agents cannot agree on how much the value of Kota Damansara properties will appreciate over the medium and long term, they will agree on this - Kota Damansara is like a teenager with all the qualities and potential to shine brighter, with plenty of room yet for growth. - theedgeproperty.com, August 21, 2015