Danaumas Apartment, Shah Alam

Danaumas Apartmentis a leasehold mid-cost development located in Shah Alam, Selangor. It is located in Section 7, with nearby developments include Cahaya Alam, Baiduri Apartment and Kristal Heights.

Within Danaumas Apartment, there are a total of four blocks with eight storeys each. Each floor would house 12 units, with a total of 96 units per block. There are a total of 384 units within the development, and all units are identical having 3 bedrooms and 2 bathrooms over a built-up of approximately 850 sf. Four lifts service each block, which is deemed to be adequate considering the density per block.

In Danaumas Apartment, certain units facing outward of the half circle come with a view of the lake nearby. Facilities are simple and adequate for its price range, being equipped with 24-hour security patrolling the perimeter, a playground, cafeteria, mini market as well as communal parking. Basic necessities are easily acquired within the development, to the convenience of its tenants.

Danaumas Apartment has excellent access to amenities, as there are several malls located a short drive away. Nearby, there is the Anggerik Mall, SACC Mall, Bukit Raja Shopping Centre as well as the PKNS Complex of Shah Alam. I-City is located nearby allowing for convenient access to eateries and banks. The nearest hospital is the Columbia Asia Hospital, Shah Alam Branch located 4 kilometers away. There are many schools and universities nearby, including Universiti Industri Selangor, UiTM MARA, SMk Seksyen 7, as well as the Tenby International School.

Danaumas Apartment is strategically located with good accessibility and connectivity. It is encased by four major highways which are, the New Klang Valley Expressway (NKVE), Federal Highway, Klang Coastal Highway, as well as the Guthrie Corridor. This allows for good access to multiple parts of Klang Valley as well as Selangor.

Property Details

• Name: Danaumas Apartment
• Address: Jalan Platinum 7/58, Seksyen 7, 40000 Shah Alam, Selangor
• Type: Apartment
• Tenure: Leasehold
• of Blocks: 4
• of Storey: 8
• of Units: 384
• of Bedrooms: 3
• of Bathrooms: 2
• Built-up: 815 sf
• Maintenance Fee: RM125
• Subsale Price: From RM265,000
• Rental: From RM1,500

Layouts

• Typical Unit
  • 3 bedrooms + 2 bathrooms (815 sf)

Facilities

• Parking
• 24 –hour security
• Playground
• Cafeteria
• Mini market

Analysis

Danaumas Apartment presents an enormous opportunity as the rental rates are very high in proportion to the subsale price. With some effort, a return of 8 to 10% should be very well within the realm of possibility. The location is excellent with good access to multiple areas, although not the most convenient in terms of amenities.