Terrace - Freehold
ARA DAMANSARA
Petaling Jaya, Selangor
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Neighbourhood Review
Accessibility
Traffic
Safety
Convenience
Ara Damansara is a relatively new and upcoming township, located at the borders of Subang near the old Subang airport, Sultan Abdul Aziz Shah Airport. It was once considered to be an outback area where not much attention was paid to it.
Things however took a sharp turn for the better in recent years after Sime Darby took over, and prices of property in Ara Damansara shot up immediately almost overnight. A small double storey terrace house that only cost RM350,000 in the year 2000 was being sold for a minimum of RM850,000 only 3 years later, while the luxury condominiums were price from RM700,000 onwards in the year 2014.
The area developed very rapidly suddenly, and abandoned projects such as The Maisson was quickly bought over by enterprising developers to be continued. Contributing to the sudden prosperity of this township is the upcoming MRT project, which will have a station within close radius of the residential community.
Inasmuch as property investors are extremely happy, many motorists have voiced their extreme displeasure as the main road of Persiaran Surian serving the community is usually already at an extreme gridlock during peak hours, and the MRT station in the area is expected to increase the traffic drastically.
A little known and interesting fact is that although most of the developments here are under Sime Darby, there are also a few that are under other developers. The few that are not from the renowned developer are all leasehold, while everything under Sime Darby is freehold.
Nearby Neighbourhoods
49
New developments within neighbourhood
7
Convenience Stores
2
Shopping Malls
3
Supermarkets & Markets
0
Public Transport
8
Educational Institutions
8
Places of Worship
5
Medical Facilities
3
Banks
4
Petrol Stations
low
Crime Level
NKVE Highway, LDP Highway
Highways
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Introducing To You - Ara Damansara
Ethnic Group
This chart represents the ethnic group of residents in Ara Damansara. *
Did you know?
An ethnic group or ethnicity is a socially defined category of people who identify with each other based on common ancestral, social, cultural or national experience. (Wikipedia)
* Data obtained from official source.
Transacted Prices
This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).
Did you know?
Transacted Prices will give you an idea of the neighbourhood’s property price trend.
Analysis & Comparison
Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Ara Damansara *
* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area
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Consumer Price Index
This is a representation of Selangor Consumer Price Index (CPI) for the year of 2011 - 2015
Did you know?
A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)
The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.
The above graph shows 1.644% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.448% in the year 2014 while surging by 2.523% in 2015.
While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 111.0 in 2014, 113.8 in 2015.
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Community of Ara Damansara
A safe and quite neighbourhood with easy accessibility to various places however, during working peak hours there will be a terrible jam exiting & entering ara damansara area
I think that is a good vicinity
Good area
Ara Damansara is the best place and suitable suite for stay