QUOTE(thurtin @ Jul 5 2021, 02:27 PM)
As someone who has lived in Damansara Perdana for the last 10 years, I can tell you this will potentially be the biggest nightmare.
Pre-covid, the Jalan PJU 8/8 access road is jammed with people from flora damansara, empire damansara studios and metropolitan square trying to get out to the four-cross traffic light during morning rush hour. Sometimes it’s a 10 mins wait. Sometimes it’s a 30 mins wait. If there is an access road to cross over to the empire city side to exit from there, that could help.
The same traffic light is also a nightmare during the evening rush hour. It gets even worse when it rains. Even getting to the lights can be backlogged all the way to the LDP, Penchala and Curve area. Maybe this was because of the construction with the DASH highway but I doubt it can be any better when it’s done.
On a side note, I think anyone thinking to buy here or any of the D series for investment should think long and hard. There is already an oversupply of condos in the Damansara Perdana area. Rent yields have been down a lot for the past few years. Even prices have dropped a fair bit. The entire profile of the area is really catered towards young working adults or families. There are no unis/colleges nearby and the nearest train station at Curve is at least a 20 mins walk.
I am also very skeptical with how empire city mall can be revived when it was dead on arrival in the first place. Curve and IPC is just hanging on with the F&B biz only doing ok. E-curve had to close. 1U just killed every other mall in the area since they had the 2nd wing.
Now with the supply of D'Vine, hu la lah
yesterday briefed by my agent: 490psf, 550sqft all same type, SPA price only 270K
when VP they could throw rent RM1,000 ...
good luck to other studios or soho there.
Even own stay also will suffer the high traffic jam caused by residential units, not to mention the upcoming commercial hub.