Banking on new offerings

Banking on new offerings
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KUALA LUMPUR (April 4): Bandar Sri Damansara was in the limelight recently when Japanese fast fashion retailer Uniqlo opened its first roadside megastore in Malaysia at DA Square @ Damansara Avenue, Bandar Sri Damansara in December last year. Developed by TA Global Bhd, Damansara Avenue is a 48-acre development with a gross development value of RM10 billion, offering residential and retail components, office towers, a mall, a dedicated sports complex and a performing arts centre.

While Damansara Avenue is one of the newest developments here, Bandar Sri Damansara is a mature township that has been developed since the 1990s by Land & General Bhd. Coming under the jurisdiction of Majlis Bandaraya Petaling Jaya, the township continues to grow as more new amenities are added into the township.

The new amenities there include three upcoming Putrajaya Line MRT stations – Sri Damansara Timur station that will be connected to the existing Kepong Sentral KTM Komuter station; Sri Damansara Sentral and Sri Damansara Barat stations.

Putrajaya Line is formerly known as Sungai Buloh-Serdang-Putrajaya Line.

To be completed this year, these upcoming MRT stations are set to make Bandar Sri Damansara the first township in the Klang Valley to be connected to three MRT stations and a KTM station. Considering its existing amenities, alongside its proximity to various highways and its future development plans, property consultants are optimistic on the prospects of this township, so much so, they expect property values here to hold up in future.

Read more about it in The Edge Malaysia weekly’s property pullout City & Country, out this week (April 5).

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