Damansara Seresta @ Bandar Sri Damansara

seresta new-building

Summary

  • Estimated GDV of RM480 million
  • Located in a 1,200-acre freehold township
  • Second phase of Land &General’s completed Damansara Foresta project
  • 23 acres
  • 2 towers
  • 452 freehold condo units
  • Built-up: 1,260 sq. ft – 3,196 sq. ft.
  • Facilities at level 8 podium and on Level 43
  • Indicative price will be RM650 psf

Why Bandar Sri Damansara?
Read this article by PropertyInsight – Bandar Sri Damansara: Peacefully forging ahead
seresta forest-img

Location

  • Near Bukit Lanjan Forest Reserve
  • Shopping Malls 
The Curve Shopping Mall 5.9 km
Cineleisure Damansara 5.9 km
IPC Shopping Centre 5.9 km
Sunway Giza Mall 6.5 km
Publika 10 km
Hartamas Shopping Centre 11.9 km
Bangsar Shopping Centre 14.3 km
  •  Schools 
Twintech International 3.4 km
University College of Technology 3.4 km
The International School @ Parkcity 4.1 km
ELC International School 4.2 km
Garden International School 10.2 km
Garden International School 10.3 km
British International School 13.1 km
KDU University College Malaysia 13.1 km
SEGi University College 13.5 km
Mont Kiara International School 13.5 km
Sekolah Sri Bestari 2.9 km
SJKC Desa Jaya 21.4 km
Bandar Utama International College 7.8 km
Sri KDU International School 9.5 km
  • Hospital & Medical Centres 
Nourish-Tech Chinese Medical Centre 6.0 km
Apollo TTDI Medical Centre 8.7 km
Damansara Specialist Hospital 10.7 km
Tropicana Medical Centre 10.8 km
Global Doctors Hospital 11.1 km

Public Transportation 

Kepong Sentral KTM Komuter Station 4.5 km
Kepong KTM Komuter Station 6.4 km
Segambut KTM Komuter Station 9.3 km
Sungai Buloh 6.4 km
  • Golf Clubs 
Sri Damansara Club 2.4 km
Valencia Golf & Country Club 8.6 km
Bandar Utama Golf Driving Range 9.2 km
Kuala Lumpur Golf & Country Club 12.5 km
SSGC @ Kota Damansara 11.9 km
Tropicana Golf Club 14.6 km

Others 

Selangor Polo Country Club 14 km

 seresta new-map

Interested in Damansara Seresta by Land & General?
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Posted in New Straits Times on 5 October 2017

L&G to launch Sena Parc, Damansara Seresta projects
Land & General Bhd (L&G) will bite the bullet and launch two new property projects within the next four months although financing remained a challenge for many buyers.

The company will also continue to source for strategic landbank to build its asset base. L&G’s existing landbank stands at 1,214.06ha.

“We are confident other opportunities for well-priced landbank will arise and remain on the lookout for such opportunities,” said its managing director Low Gay Teck.

For its financial year ended March 31 2017, L&G bought 112.3 acres in Shah Alam, Selangor for a township development. Its two new property projects, namely Sena Parc (GDV of RM230 million) in Senawang, Negri Sembilan and Damansara Seresta (GDV of RM480 million) at Bandar Sri Damansara, will be launched next month and in February next year, respectively.

L&G will launch first Phase 1 of Sena Parc consisting 453 units of double-storey linked houses and 83 semi-detached homes.

“We are bullish on the launch because of the attractive price. We are looking at selling each unit for under RM500,000,” he said at a shareholders’ meeting, here, recently.

Low said there was more interest from buyers compared to a year ago.

“Of course there is no doubt that it (property market) is not as buoyant as three years ago, but it had improved from last year in terms of interest from potential buyers and lock-in sales that we are achieving from our Astoria project.

“Moving forward, the take-up rate for property prices in the range of RM500,000 to RM900,000 will still be good,” said Low.

Damansara Seresta is the second phase of L&G’s completed Damansara Foresta project. It will feature two towers with a total of 452 units.


Posted in The Edge on 13 September 2017

L&G to launch RM710m GDV worth of projects in FY18
PETALING JAYA (Sept 13): Property developer Land & General Bhd plans to launch two projects with an estimated gross development value (GDV) of RM710 million in its financial year ending March 31, 2018 (FY18).

Its managing director Low Gay Teck said the group is confident the property market will show resilience and probably realise positive profit from to-be-launched projects. He also said that at ground level, the interest from buyers side has improved from last year.

“Of course there is no doubt that it (property market) is not as buoyant as three years ago, but it has improved from last year in terms of the interest from potential buyers and lock in sales that we are achieving from our Astoria project,” he told reporters after the group annual general meeting today.

The launches are the first phase of the township project Sena Parc in Senawang, Seremban which comprises 453 units of double-storey linked houses at an estimated GDV of RM230 million.

“We will be launching this pipeline project by November this year,” Low said, adding the group is waiting for final approvals from the relevant authority to launch it.

Additionally, the group will also be launching its second phase of Damansara condominium known as Seresta at Bandar Sri Damansara in February next year.

“That’s (Seresta) the second phase of our completed Damansara Foresta,” Low said.

He said the Seresta project comprises two towers with a total of 452 units. The estimated GDV for the entire Seresta project is RM480 million.

Currently, the group’s existing land banks stands at 3,000 acres.

“We are confident that other opportunities for well-priced land banks will arise and remain on the lookout for such opportunities,” Low said.

At midday break today, L&G shares rose 2.27% or 0.5 to 22.5 sen, with 1.50 million shares traded for a market capitalisation of RM659.02 million.

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