The Mate is an upcoming development located next to 3 Damansara (formerly known as Tropicana City Mall), Petaling Jaya. The freehold property will comprise studio units and 1 to 2-room units upon its slated completion in 2022.
The studio units range from 270 sf to 486 sf, while the 1 to 2-room units is sized between 554 sf to 675 sf. The Mate will have 244 of these signature suites housed within a single 22-storey tower.
Bringing together the concept of co-living and co-working, The Mate aims to bring everyone together, creating collaborative and inspiring environments that expose one to new people, new ideas, and new experiences.
There will be ample parking space for tenants and visitors, with both basement and elevated car park areas provided. A facilities floor is also made available with facilities such as a swimming pool, gymnasium, garden terrace, changing room, washroom, mail room and prayer room.
Strategically located in the heart of Petaling Jaya, The Mate is surrounded by a plethora of amenities. Be it shopping malls, education institutions, hospitals and medical centres or public transportation, all are an arm’s length away.
The closest mall would be the 3 Damansara, which is only 300 metres away. Not only that, there are also other selections such as Atria Shopping Gallery (2.4km), Starling Mall (4.1km), 1 Utama (5.5km) and Paradigm Mall (6.3km).
Within a 5.5km radius, one can find more amenities like KDU College Damansara, MAHSA University, KPJ Specialist Hospital, TTDI MRT Station, Kelana Jaya LRT Station, as well as the Bandar Utama MRT Station.
The Mate also enjoys seamless accessibility as it neighbours 3 major highways, namely the Damansara-Puchong Highway (LDP), New Klang Valley Expressway (NKVE) and SPRINT Highway, providing easy access to popular neighbourhoods such as TTDI, Bandar Utama, Mont’ Kiara, Bangsar, KLCC, SS2 and more.
Targeted at young investors, first-time homebuyers and entrepreneurs, units at The Mate will be priced from RM295,800 to RM714,800.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| The Mate | Dec 2022 |
RM 300,000
-
RM 580,000
RM 859 psf - RM 946 psf |
NIL | NIL | NIL |
| The Starling | 2017 | NIL | NIL | NIL | NIL |
| TTDI Ascencia | 2016 |
RM 770,000
-
RM 1,800,000
RM 647 psf - RM 1,507 psf |
RM 2,000 - RM 2,000 | NIL | 2.63 % |
| Glomac Damansara | 2014 |
RM 750,000
-
RM 1,580,000
RM 753 psf - RM 964 psf |
RM 1,650 - RM 1,650 | NIL | 6.0 % |
| The Greens | 2014 |
RM 1,500,000
-
RM 6,000,000
RM 1,038 psf - RM 1,565 psf |
RM 4,800 - RM 4,800 | NIL | 2.13 % |
| Cloverton | 2014 | From RM 5,000,000 | NIL | NIL | NIL |
| Menara LGB | June 2013 | NIL | RM 24,000 - RM 85,000 | NIL | NIL |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | RM 241 psf | - | RM 872 psf |
| 500 - 1,000 SQ. FT | RM 852 psf | - | RM 387 psf |
| 1,000 - 1,500 SQ. FT | RM 554 psf | - | RM 424 psf |
| 1,500 - 2,500 SQ. FT | RM 791 psf | - | RM 520 psf |
| 2,500 - 4,000 SQ. FT | RM 873 psf | RM 582 psf | - |
| 4,000 SQ. FT and above | RM 607 psf | - | - |
Note:
| Down Payment (10%) | RM 29,580 |
| Loan Amount ( 90 %) | RM 266,220 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
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