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3 Damansara Property

Located in Petaling Jaya, the four-storey 3 Damansara is an established neighbourhood mall catering to day-to-day shopping needs. It is connected to the 12-storey 3 Damansara Office Tower and both the mall and office are part of an integrated development.

Website: www.threedamansara.com

Property Information

3 Damansara Property
Retail Office Tower
Tenure Freehold
Independent valuation(1) RM480.0 million
Purchase consideration RM540.0 million
Gross floor area(2) 639,477 sq ft 129,630 sq ft
Number of car park bays(2) Approximately 1,759
Net lettable area(3) 467,141 sq ft 101,258 sq ft
Number of leases(3) 95 3
Committed occupancy rate(3) 51.3% 30.0%
Shopper traffic for 2021 2.7 million

Notes:
  1. Based on the valuations as at 31 December 2021 commissioned by MTrustee, trustee of CLMT.
  2. As at 31 December 2021.
  3. As at 30 June 2022.