The Core, Kota Damansara

The Core in Kota Damansara is a recently launched office and retail building that is being built on 17 acres of land. Developed by Sunsuria, it aims to be a social hotspot in Kota Damansra for both local residents as well as those working close by. It neighbors Cova Villa and Cova Square and is conveniently located near to Kota Damansara square.

There will be 2, 3, and 4-storey retail offices at The Core. There will also be ample car parking space. It will be made up of 7 blocks. Block 1, 2, and 3 are all sold out, and the price range for these are between RM1.58 million to RM1.68 million. Block 4, 5, 6, and 7 have shoplot built-up sizes of 20′ x 80′. The offices have a built-up of 20 ‘ x 40’. The price range for Block 7 units are about RM845,000 while Block 5 & 6 are about 995,000. There is a 3% discount available for everyone, and a 7% discount for Bumiputras.

One may be wondering why there is such as large price difference between Block 1 – 3, and Block 4-7. This is because Block 1-3 have 2-storey shops, and the corner shops are 3-storey. Block 4-7 are only ground floor shop lots, and the upper floors have been divided up into office lots which are for sale separately.

The Core in Kota Damansara is accessible via the NKVE, NSE & LDP highways. It is also close to several amenities and facilities such as Thompson Medical Centre, Sri KDU, SEGI University College, and more. It is also expected to be quite close to the planned train station that is supposed to service the area.

Property Details

• Name: The Core
• Address: Jalan Teknologi, Kota Damansara, Selangor
• Developer: Sunsuria
• Completion Date: End of 2012
• Type: Commercial
• Tenure: {Tenure}
• No. of Blocks: 7
• No. of Storey: 2-3
• Land Area: 17 acres
• Built-up
• Block 1 – 3: N/A
• Block 4 – 7: 20′ x 80′ (shop lots), 20′ x 40′ (offices)

Analysis

The Core in Kota Damansara offers a contemporary retail shopping outlets and small office spaces around an area that is expected to service about 400,000 locals and workers.

What is good about this development is that it offers Kota Damansara a more modern area for shopping and work, plus it is close to nearby facilities such as schools, a hospital, and factories. There are also going to be more residential properties within this location. It will also offer some alternatives to entertain clients in. Also, in the long-term as it will be close to the proposed train station.

The downside of The Core is that it is in an inner road so people will only pass by it if they are going to the hospital, school, university, or the nearby factories. As a result, investing in The Core may be a bit of a gamble at the moment. Only time will tell whether this area will succeed in being a hip and happening place, as what Sunsuria hopes The Core will be.