DAMANSARA HEIGHTS

Kuala Lumpur, Malaysia

Neighbourhood Review

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Damansara Heights is the commonly referred to name by Malaysians for an area otherwise called Bukit Damansara. With the many addresses with the prominent suffix of Damansara, Damansara Heights happens to be the original one, giving it the status symbol for those who can afford to stay here.

Common residents of the area include those of the upper income group and local and foreign dignitaries, with the houses attempting to best their neighbors with increasingly more eloquent, outlandish or ostentatious designs.

Construction in Damansara Heights is minimal due to lack of land in the area, which contributes to a steady increase of price psf for property in this area. The majority ethnicity groups that dominate this area are and equal mix of upper income Chinese and Malays along with a steady flow of expats as well.

Damansara Heights seldom experiences traffic congestion except during peak hours, which the upcoming Pusat Bandar Damansara MRT Station will hopefully alleviate. Many of the houses have personal security, and to be noted is that some of the inner roads are extremely narrow and hilly, with some of the more heavily travelled roads sporting large and deep potholes.

Ethnic Group

This chart represents the ethnic group of residents in Damansara Heights. *

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.

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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 Damansara Heights *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Consumer Price Index

This is a representation of Kuala Lumpur 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 1.363% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 1.633% in 2013. Prices of essential goods then increasing to 3.308% in the year 2014 while surging by 3.019% 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, 104.1 in 2012, 105.8 in 2013, 109.3 in 2014, 112.6 in 2015.

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