Area Focus
is to create a welcoming environment that is all at once relaxed, inspired and enriched. Representing the flagship mall of OSK Property Holdings Bhd, Atria Shopping Gallery has already received its first accolade - emerging as winner in the Best Retail Interior at the Asia Pacific Property Awards 2015. Today, the mall enjoys an occupancy rate of approximately 93% with 600,000 to 700,000 visitors per month. Tech Realtors Properties Sdn Bhd Senior Real Estate Negotiator Debbie Lam opines that with the new Atria Shopping Gallery, Damansara Jaya is not just confine to the older generation but to the newer generation as well. The brand new Atria Shopping Gallery has totally revolutionised the retail ecosystem in this part of town says GS Realty Real Estate Negotiator Clement Chan. It will inherently raise the profile of the once laidback and sleepy township of Damansara Jaya in the eyes of the public he adds opining that one can also expect to see more boutique developments targeting the affluent segment of the society to pop up within the surrounding area.
AREA ANALYSIS
Sarkunan adds that while Damansara Jaya is an affluent neighbourhood with its landed properties faring strongly in the market, there are limited yet no new supply of housing units (landed and stratified) in the township due to scarcity of development land. He further explains that existing residential properties in the township may be attractive to potential buyers in the secondary market to renovate or refurbish landed units. Overall, he maintains that it is a wellplanned township as the development is located nearby various modern amenities and conveniences with good accessibility to many schools and colleges, post office, banks and businesses offering daily conveniences. Tropicana City Mall, 1Utama Shopping Centre, The Curve, Ikano Power Centre, Tesco, Giant and Centrepoint Bandar Utama are located within a short drive from Damansara Jaya. Major healthcare providers in the vicinity include the KPJ Damansara Specialist Hospital, the University Malaya Medical Centre and Tropicana Medical Centre.
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OCR Land Holdings Sdn Bhd has successfully built low-density and highend landed developments as well as townhouses in Damansara Jaya and the neighbouring localities such as Taman SEA and Bandar Utama. Palm Reserve II launched in 2012 comprises luxury three-storey semidetached and bungalow developments within a 24-hour guarded and gated community in Damansara Jaya. The project was fully completed in June 2015 and all 17 units of the semi-detached and bungalow houses priced from RM1,650,000 to RM2,250,000 with builtup areas ranging between 3,398 and 5,277 sq ft have been sold off since then. Its strategic locality on Jalan SS22/43, Damansara Jaya places the development in close proximity to various eateries and restaurants, a 99 Speedmart convenience store and other retail outlets offering a wide range of products and services. Neighbouring commercial business hubs of Damansara Uptown, SS2, SS23 and SS24 are also places for leisure, necessities and business activities. HOTEL
The new Atria SoFo Serviced Suites is the latest development at Damansara Jaya. All the units were sold out during the launch and these modern offices are set to cater to the new urban crowd”
De Uptown Hotel
- Debbie Lam
, Second Sunday, Yume Cruisine,
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In the upcoming LRT 3 scheme (Bandar Utama - Klang LRT Line), two stations will be planned around the Damansara Jaya neighbourhood, namely Damansara Utama and Tropicana. The improved accessibility will surely make this community more attractive for integrated projects in the near future” - Clement Chan
42 I September 2017
NEWER PIECEMEAL DEVELOPMENTS AT THE PERIPHERAL NEIGHBOURING KAYU ARA
HOSPITAL
KPJ Damansara Specialist Hospital EATERIES
Cofaith Café, Chuup Café, Carnaval Churrascaria, the BONS Café, Li Bon Bon’s Cafe, The Magic Wok, Michele’s Kitchen, Vary Pasta, Pasta Zanmai MALL
Atria Shopping Gallery SCHOOL
SMK Damansara Jaya UNIVERSITY
KDU University College OFFICE LOTS
Atria SoFo Suites RELIGIOUS INSTITUTION
The New Covenant Church