Property Insight May 2018

Page 13

The Trees Damansara will be surrounded by lush greenery

snapped up within three months. Therefore, we feel that the market is picking up,� he opines. It helps that the site for The Trees Damansara, located within the Segambut Malay Reserve Land area is favourably situated surrounded by mainly residential areas peppered also by some upcoming commercial properties along Jalan Bukit Lanjan.

A gymnasium makes for healthy living overlooking the infinity pool

These two additions to the neighbourhood will no doubt usher in higher potential for capital appreciation in the near future for properties here. A myriad of facilities including gymnasium overlooking an infinity pool ensure this charming oasis will also benefit its residents while its undulating typology facing the Bukit Lanjan forest at its eastern side makes for a prized development while allowing residents to be close to nature.

The group with no financial support from any external parties also controls the construction part of its developments has managed to sell off all of its completed property projects with zero stock holdings. Its strategy of launching affordably and attractively priced properties have played a central role for its successful and ongoing debut in real estate. Understandably, the group conducts a site analysis beforehand to ascertain the viability of the project while taking into consideration key economic assets within and surrounding the area which include its location and other attributes including the site’s potential, accessibility in terms of connectivity and infrastructure facilities.

Commenting on the sway of the property market outlook for this year, Azlan echoes the belief that opportunity is always present in real estate.

A comprehensive review will also be conducted in terms of the existing supply and demand dynamics of the area while taking into account units under construction as well as future developments coming up in the area. The analysis will include a review on the demand for the area that will encompass past trends that have taken place in terms of transactions, occupancy rate and take-up rate of properties there.

“This can be reflected from the robust sales of our project in The Trees Damansara whereby over 45% of the units have been

For more information on The Trees @ Damansara, contact Leon at 0125208578

OPTIMISM CONCERNING THE PROPERTY MARKET

MAY 2018

11


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.