2024-11-23 UPDATED
USD 252,198 ~ 669,115
Pavilion Damansara Heights
Damansara Heights Damansara Kuala Lumpur Malaysia
57.03 ~ 170.07 ㎡ 1 ~ 3 Bedrooms
Type of Property | Condominium / Apartment |
---|---|
Total Levels | 57-Story |
Built in | 2024 |
Total Units | 568 |
Immediate Move-in | Yes |
Expected Move In Date | - |
Managed by | Pavilion Group |
Size | 57.03 ~ 170.07 sqm(㎡) / 613.87 ~ 1830.62 sqf |
Land Rights | Freehold |
Floor plans
Type D1
- 57.03㎡
- 1
Type D2
- 64.21㎡
- 1
Type D3
- 71.98㎡
- 1
Type D4
- 75.04㎡
- 1
Description
Property Highlights:
Pavilion Damansara Heights is a luxury mixed-use development located in Damansara Heights, Kuala Lumpur, developed by Pavilion Group.
This project combines office buildings, a hotel, residential units, and a shopping mall, featuring modern designs and a prime location.
The integration of residential, commercial, and office spaces makes it a highly attractive property in the area.
Average Return:
Typically, rental yields in Kuala Lumpur's high-end residential areas range from 4% to 6%.
However, for properties like Pavilion Damansara Heights, which benefit from a superior location, slightly higher yields could be expected, especially for commercial and office spaces, which are likely to offer stronger returns due to the prime location and excellent accessibility.
Surrounding Area:
Pavilion Damansara Heights MRT station is just a 1-minute walk away, with KL Sentral only 2 stations away.
The surrounding area is home to luxury residential neighborhoods and a wide range of commercial facilities, including shopping malls, restaurants, and cafes. Public transport is easily accessible, with nearby LRT and bus routes, and car access is also convenient. Major shopping centers such as Pavilion Mall and Mega Mall are located nearby, making everyday shopping convenient. In addition, educational institutions and medical facilities are abundant, ensuring a well-rounded living environment.
Real Estate Prices or Inflation Rate in the Area:
The Damansara Heights area has been rapidly developing, and both real estate prices and the cost of living have been increasing.
Demand for commercial spaces and luxury homes has been rising, and with improved accessibility, the real estate market has become more dynamic.
Ongoing government-led urban development and infrastructure improvements are further boosting the value of the area.
This region is expected to continue receiving attention, and property prices are likely to continue rising.
Developer information
Pavilion Group
Malton was the main company and was founded by Tan Sri Desmond Lim Siew Choon from the 1980’s who is also Malaysia’s No.23 richest person according to Forbes with a net worth of USD$1.1 BIllion rough the years later they then ventured into many other subsidiaries across the region as well as Asia. They then separated their entities. Malton & Pavilion & Pavilion REIT Ultimately Malton and Pavilion was set up to focus on different segments of the property market Malton on townships & mid tier developments Pavilion on high rise & luxury developments as well as malls Where Malton was listed on the Kuala Lumpur Stock Exchange (KLSE) Main Board in 2002 under Stock Quote : Malton (6181)Pavilion is wholly and privately owned by Tan Sri Desmond Lim Siew Choon.