Uptown 5 is an office development located in Damansara Utama. The development, completed in 1997 by See Hoy Chan Group Sdn. Bhd., consists of 4 towers, each stretching up to 12 storeys in height. The units within the building are sized from 5,899 sf to 7,317 sf, and can be partitioned into smaller units.
The corporate office building is different from its sister buildings as it is not a MSC Certified building, but its space holds out as a feasible office space for its tenants and future prospects. Its 4 towers also mean that it is able to accommodate more entities, which will be attractive to those investors who want to invest in a thriving area such as Damansara Utama.
The office building provides 24-hour security system and a posh modern entrance, accompanied with the presence of 2 porte cocheres (roofed entrance for vehicles). It is surrounded by tonnes of amenities within Damansara Utama, or more commonly known as Damansara Uptown, one of the ever-growing urban landscapes in the country.
Within walking distance, tenants will be able to find a number of conveniently located amenities. Inside the building itself, especially at its lower floors, investors can consider setting up food and beverage services to serve the building's occupants. Other than that, there is Uptown 2 corporate office tower within walking distance that has 2 retail floors; and Uptown 37, a commercial hub that houses restaurants, banks, other offices, mini marts and convenience stores.
The Damansara Uptown business hubs also provide extra options for amenities, while The Starling Mall is the neighbourhood shopping mall which will be able to provide entertainment outlets for those working in Uptown 5. Emergency situations can also be easily dealt with, especially with the Damansara Police Department and the Damansara Specialist Hospital being nearby.
This corporate office building can be easily accessed via the Damansara-Puchong Highway (LDP), which also connects tenants to other townships such as Kelana Jaya, Petaling Jaya, and Subang Jaya. However, traffic can be a bit of a headache, especially during peak hours. However, that has since been rectified with the presence of the TTDI Mass Rapid Transit (MRT) station and the recent road expansion at the area.
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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 (%) |
|---|---|---|---|---|---|
| Uptown 5 | 1997 |
RM5,300,000
-
RM5,300,000
RM 898 psf - RM 898 psf |
From RM10,000 | NIL | NIL |
| The Starling | 2017 | NIL | NIL | NIL | NIL |
| TTDI Ascencia | 2016 |
RM770,000
-
RM1,990,000
RM 647 psf - RM 1,507 psf |
RM2,000 - RM2,000 | NIL | 2.45 % |
| Glomac Centro | May 2015 |
RM290,000
-
RM890,000
RM 436 psf - RM 644 psf |
RM1,800 - RM1,800 | NIL | 6.92 % |
| Sé Terra | Mar 2014 |
RM1,300,000
-
RM2,500,000
RM 671 psf - RM 675 psf |
RM3,200 - RM3,200 | NIL | 1.93 % |
| Glomac Damansara | 2014 |
RM778,000
-
RM1,580,000
RM 723 psf - RM 964 psf |
RM1,650 - RM1,650 | NIL | 3.03 % |
| The Greens | 2014 |
RM1,500,000
-
RM6,000,000
RM 1,038 psf - RM 1,565 psf |
RM4,800 - RM4,800 | NIL | 2.13 % |
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 | - | - | - |
| 500 - 1,000 SQ. FT | RM 865 psf | - | RM 447 psf |
| 1,000 - 1,500 SQ. FT | RM 656 psf | RM 879,000 psf | RM 344 psf |
| 1,500 - 2,500 SQ. FT | RM 765 psf | - | RM 1,817,016 psf |
| 2,500 - 4,000 SQ. FT | - | RM 3,172,000 psf | RM 499 psf |
| 4,000 SQ. FT and above | RM 767 psf | RM 4,383,500 psf | RM 579 psf |
Note:
| Down Payment (10%) | RM 50,000 |
| Loan Amount ( 90 %) | RM 450,000 |
| 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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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