Property

The Jewel of Damansara Heights Rises

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This post is brought to you by GuocoLand Malaysia.

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Guocoland’s Damansara City is an integrated development consisting of two Grade-A office towers, two high-rise towers of luxury residences, an F&B-centric lifestyle mall, and a 5-star hotel.

You may have noticed a flurry of construction as you pass through Damansara Heights near Bangsar. A new project recently celebrated its formal topping out ceremony and, in so doing, marked its completion. The flagship development of GuocoLand (Malaysia) Berhad (GuocoLand), with a gross development value of RM2.5 billion, will be welcoming residents by the end of the year and corporate tenants by the second quarter of 2016.

Damansara City is an integrated project in Damansara Heights by GuocoLand (Malaysia) Bhd, a subsidiary of the Hong Leong Group. The RM2.5 billion flagship project, spanning 8.5 acres of freehold land, boasts two 28-storey luxury residential towers (comprising 370 units) known as DC Residency, two Grade A office towers, a five-star hotel and a lifestyle mall.

DC Residency and the lifestyle mall are expected to be completed by Q3 2015, and the office towers and 5-star hotel will be ready by 2016. Damansara City will serve a working and residential population of 10,000 in the vicinity, and the entire Damansara City project is expected to be completed well ahead of the Sungai Buloh- Jalan Semantan MRT line, which is scheduled to be operational before the end of 2016.

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“The jewel of Damansara Heights, Damansara City is a designated Entry Point Project under the Economic Transformation Programme to elevate Malaysia to developed nation status by 2020 and has already started to bring new life to the established high-end enclave of Damansara Heights. We are very excited at the prospect of the development coming to life and the spawning of a new community in the neighbourhood very soon,” said Tan Lee Koon, Managing Director of GuocoLand.

The recent private event marked the topping out of the final tower on the project which is the future home of the 5-star hotel. Damansara City is an ultra-modern and environmentally friendly development with MSC status certification development that is compliant with the Green Building Index (GBI) Certified rating; the Leadership in Energy & Environmental Design (LEED) Gold rating; and CONQUAS Quality Assessment for building construction works. Investments have been made on infrastructure, as well, like the new traffic management tunnels, an underpass, flyovers, and a pedestrian bridge. Damansara City is set to blend itself into the surroundings, with the potential to raise the value of the entire Damansara Heights neighbourhood.

DC Residency comprises 370 units of contemporarily designed luxurious homes – one bedroom to 3+1 bedroom units and penthouses. The typical units have gross built-up areas ranging from 899 sq ft to 2,705 sq ft, offering residents seamless integration with the luxury of a five-star hotel, the convenience of a lifestyle mall and the efficient proximity of premium office towers, all within the 8.5-acre freehold development of Damansara City. The elegant DC Residency offers unrivaled facilities together with premium fittings, including Poggenpohl kitchen cabinets, Catalano sanitary wares, Gessi Emporio fittings, and reputable home appliance brands such as Miele, Bosch, and De Dietrich.

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Residents and tenants at Damansara City will also benefit from a whole range of facilities including a walking garden along the roof-top of the retail mall. This is in addition to the health and gym facilities that include an Olympic-length saltwater pool and an aqua gym for residents and visitors at the DC Residency and the hotel.

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Damansara Heights’ strategic location, which is a mere five kilometres from the KL city centre, with close proximity to KL Sentral and other mature and well-heeled townships like Petaling Jaya, Bangsar, and Mont Kiara, has been a main selling point and one of the unique development’s greatest strengths. Damansara City has already won two awards at the Asia-Pacific Property Awards 2012, namely the 5-star Award in the Residential High-Rise Development and Highly Commended Award in the Retail Development category.

GuocoLand Malaysia is the property arm of the Hong Leong Group. With a history that spans over 50 years, GuocoLand Malaysia has built an enviable track record as a leading property developer in residential townships, commercial, and mixed development projects in Malaysia. For more information about GuocoLand (Malaysia) Berhad, please visit www.guocoland.com.my, and for more information about Damansara City, please visit www.damansara-city.com.





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