Condominium - Freehold
MUTIARA DAMANSARA
Petaling Jaya, Selangor
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Neighbourhood Review
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Developed by Mutiara Rini, a member of the Boustead Group, Mutiara Damansara is a major affluent township with freehold residential and commercial lots in Petaling Jaya. The name ‘Mutiara’ means ‘pearl’ in Malay, so it is no wonder that Mutiara Damansara is synonymous with high-end living for the rich. The bustling township is surrounded by Damansara Perdana, Bandar Utama, Kota Damansara, Taman Tun Dr. Ismail, and Sunway Damansara.
Mutiara Damansara is home to The Curve Shopping Mall, IPC Shopping Centre, and the largest IKEA in the whole of Asia. The heavily planned township also boasts two landscaped parks called the ‘Mutiara Parks’ to serve the residents’ recreational needs, where pockets of land have been reserved for playgrounds, light exercise, and bicycle tracks linking each residential precincts to one another.
Residents living within Mutiara Damansara are pampered by the extensive range of public amenities which also include three office blocks, a police station, a mosque, and nearby schools. There is also a British Council teaching centre located in The Curve.
The ingress and egress roads of Mutiara Damansara is limited as there are only a handful of highways that commuters can use. At peak hours, usually in the evenings, traffic on the Damansara-Puchong Expressway can get very congested as many people will be driving home after work. The only other available option is to take the LRT train or a KTM Komuter to Kelana Jaya and catch a bus or a cab.
The exclusive high-end residency status in Mutiara Damansara becomes a magnet for crime. A favourite haunt for criminals to commit various crimes like break-ins, vehicle thefts, wayside robberies, and snatch thefts, the population living here are middle- to high-income earners and stolen belongings often include expensive items.
Two years ago, a girl was kidnapped in the parking lot of The Curve but she escaped thanks to her wits and quick thinking. The police are placing more emphasis on crime prevention in the Damansara area by increasing manpower and patrols, and stress that cooperation from the public is vital to reduce the crime rate.
Nearby Neighbourhoods
20
Properties within neighbourhood
7
Convenience Stores
4
Shopping Malls
3
Supermarkets & Markets
1
Public Transport
4
Educational Institutions
1
Places of Worship
4
Medical Facilities
7
Banks
3
Petrol Stations
average
Crime Level
LDP Highway, NKVE Highway, SPRINT Expressway, Penchala Link
Highways
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Ethnic Group
This chart represents the ethnic group of residents in Mutiara 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).
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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 Mutiara 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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Compare Neighbourhoods
Ara Damansara
Bandar Utama
Damansara Damai
Damansara Jaya
Damansara Perdana
Damansara Utama
Kelana Jaya
Kota Damansara
Sunway Damansara
Tropicana
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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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The location is fantastic. New MRT station and MRT Bus is ready to serve the location. I predict the location will be appreciate in very soon due to connectivity by highway and public transport.