Palm Reserve, Damansara Jaya, RM 2,580,000

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Description

Palm Reserve, Damansara Jaya
Palm Reserve is a luxury 3-storey semi-detached and bungalow houses development in a 24-hour guarded and gated community in Damansara Jaya. This high-end residential development only comprises 17 units of semi-detached and bungalow houses. These units are secured in a 24-hour guarded and gated community with club house facilities.

Each unit at Palm Reserve comes with 4, 5 or 6+1 bedrooms and 5, 6 or 7+1 bathrooms. Its special features include solar heater system, home elevator, roof terrace, two master bedrooms per unit, outdoor shower, long bath or sunken bath and 17’ ceiling high at living hall.

Nestled in a matured neighborhood of Damansara Jaya, there are plenty of amenities adjacent to Palm Reserve. There are SK Damansara Jaya and SMK Damansara Jaya located within short proximity from the residential. Moreover, it is mere minutes away from Atria Shopping Centre, that houses Giant as its anchor tenant as well as several restaurants and stores such as Nando’s, KFC and Guardian. There are several prime shopping centres located several kilometres away, namely Tropicana City, 1 Utama, The Curve and Tesco Damansara.

Property Details
?Name: Palm Reserve
?Address: Damansara Jaya, Petaling Jaya, Selangor
?Developer: Ong Chong Realty
?Completion Date: Oct 2011
?Tenure: Leasehold
?Type: Semi-D, Bungalow
?No. of Storey: 3
?No. of Units: 17
?Built-up: 3,398 – 5,277 sf
?Launch Price: RM1,650,000 – RM2,250,000
Facilities
?24-hour security with CCTV surveillance
?Swimming pool
?Gymnasium
Analysis
One of the drawbacks of Palm Reserve is its maintenance fee. With only 17 units built, its maintenance fee charged for each house would be extremely high in order to cover the cost of the security and facilities. Of course this is the price to pay for exclusivity and luxury living.

Palm Reserve is strategically located in the serene neighborhood of Damansara Jaya. Even though the vicinity is not as exclusive as Mont Kiara, Bangsar and Damansara Heights, but the development sits in a matured neighborhood of Damansara. Hence, there will be probably no new development nearby the residential due to land scarcity factor.

The facade and architecture of Palm Reserve are extremely modern. At price tagged from RM1,650,000 to RM2,250,000, there is no doubt that these homes will appreciate further and deliver high capital appreciation return to investors.

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Feel free to contact Winston Chong@016-2116116 for an appointment.

Property Details

• QuikPro No:UP1241433
• Property Type:Semi-detached House
• Tenure:Leasehold 
• Land Area:2700 sq. ft.
• Built-Up:4,312 sq. ft.
• Asking PriceRM 2,580,000
• Bedrooms:5+1
• Bathrooms:6
• Unit type:Intermediate
• Occupancy:Vacant
• Furnishing:Unfurnished
• Facing Direction:NorthEast
• Posted Date:10/02/2012
• Facilities:Swimming Pool, 24hr Security

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