Sale Price *

Average
RM 929 psf
Range
RM 859 - 961 psf

Rental Price **

Average
N/A
Range
N/A

Rental Yield **

5.77%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average
RM 929 psf
Range
RM 859 - 961 psf

Rental Price **

N/A
Range
N/A

Rental Yield **

5.77%

Rental income expressed as a percentage of the property's value.

Cantara Residences, Ara Damansara Insights

Developer:Sime Darby Property
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:Cantara Residences
Street Name:Jalan PJU 1a/a, 47301, Selangor
Postal Code:47301
Property Type:Hotel/Service Apartment
Tenure:
District/Planning Area:Ara Damansara
Completion:01 Jan 2020
Number of Landed Units:0 units
Number of Non Landed Units:888 units
Sold Price Range/Average*:RM 859 psf - RM 961 psf / RM 929 psf
Leased Rental Range/Average**:
Implied rental yield**:5.77%
Historical High:RM 878 psf in Aug 2021 for a 1,378-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 852 psf in Jul 2021 for a 646-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.

About This Project

**##Review##**The four 23-storey towers, Cantara Residences was launched in April 2016 by Sime Darby Property Berhad. The development consists of 888 serviced residences and 13 retail lots. Cantara derived from an Arabic word bridge which is prominently featured in the development as the iconic Sky Bridge that connects all for residential towers.Situated on a 7.12-acre land in Ara Damansara, Cantara Residences offers serviced residences with various layouts ranging from 646 sq. ft. to 2,077 sq. ft. Each unit is designed to bring out the best of contemporary living with functional spaces perfect for relaxation and entertainment.Facilities are available on level 6 where it houses the swimming pool, jacuzzi, aqua gym, multipurpose hall, clubhouse and dedicated play courts. While on the landscaped Sky Bridge located on level 18, there is a curated landscaped rooftop park, forest gym and viewing deck for the residents to converge.**##Our verdict##** The new addition to the extensive development in Ara Damansara is set to reshape the skyline of up and coming Ara Damansara. To boot, the area is easily accessible via major highways and the new extended Kelana Jaya LRT line which makes it viable for residents to travel towards the city in a shorter amount of time.

Sales Transaction of Cantara Residences

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