Palm Spring @Damansara
Jalan PJU 3/29, 41050, Selangor
| Property Price | rental price range |
|---|---|
| RM 315,900 ~ RM 550,000 | RM 500 ~ RM 2,000 /Mo |
Palm Spring @Damansara
About This Project – Palm Spring Damansara
Palm Spring @ Damansara, also known simply as Palm Spring, is a high-density residential development located in Kota Damansara. Developed by Muafakat Kekal, a company engaged in both property investment and project development, this condominium comprises six blocks with a total of 2,180 units on a leasehold tenure. Residents of Palm Spring @ Damansara enjoy a variety of amenities, including swimming pools, a wading pool, a gym, a Jacuzzi, a nursery, and many other facilities designed for comfort and convenience.
Residents of Palm Spring @ Damansara can enjoy a peaceful and secure living environment, thanks to its 24-hour security system. The condominium’s strategic location enhances accessibility while providing easy access to various nearby amenities, ensuring a convenient lifestyle for its occupants.
Life at Palm Spring @ Damansara is truly unique, making it a desirable place to own a unit. For those who enjoy swimming, the development offers seven swimming pools. Additionally, residents can take advantage of other recreational facilities, including a gymnasium, tennis court, in-house badminton court, golf-putting ground, wading pool, and a children’s playground. These facilities are well-maintained, adding to the property’s overall value and allowing residents to enjoy leisure activities within the comfort of their home. To further enhance relaxation, Palm Spring @ Damansara also features a Jacuzzi and sauna, perfect for unwinding after a long day. Security is a top priority, with 24-hour surveillance complemented by a card access system, ensuring a safe and worry-free environment.
The property has shown impressive value appreciation over the years. In 2011, a unit with a built-up size of 936 sq ft was priced at RM260,000, and by 2012, the same unit had increased in value to RM330,000. With the upcoming MRT station in the area, property values are expected to rise even further.
Palm Spring @ Damansara enjoys excellent connectivity through major highways such as Jalan Damansara, NKVE, the Damansara-Puchong Highway (LDP), and Penchala Link. The Kuala Lumpur city center is approximately 15 to 30 minutes away via Penchala Link, while the MRT Surian station is conveniently located less than 2 km from the development.
The condominium offers a host of facilities designed for comfortable urban living. These include seven swimming pools, a children’s wading pool, a sauna, an in-house badminton court, a clubhouse, a gym, a tennis court, a nursery, a children’s playground, a mini market, a multi-level car park, and a golf-putting ground. Security is a priority, with a 24-hour surveillance system and smart card access control.
Palm Spring @ Damansara consists of six blocks, accommodating a total of 2,180 units. The units come in different layouts, with built-up sizes ranging from 915 sq ft to 1,259 sq ft. The blocks feature a distinctive U-shaped design, adding to the development’s aesthetic appeal.
Families with children will find several educational institutions nearby, including SMK Bandar Utama Damansara 3, SJK (T) Effingham, SJK (C) Damansara, and SMK Tropicana. For those seeking international education, options such as St. Joseph’s Institution, Honsbridge International School, and The British International School are available. Higher education institutions in the vicinity include Malaysia University of Science and Technology, SEGi University College, First City University College, and Wawasan Open University.
Healthcare facilities are also within close reach, with options such as Sunway Specialist Centre Damansara, Alpha Specialist Centre, Klinik Q @ Kota Damansara, and HBM Family Clinic. In addition, Thomson Hospital Kota Damansara and Tropicana Medical Centre are located nearby, ensuring access to quality medical care.
For shopping and retail needs, residents have access to numerous shopping destinations, including The Curve, Tropicana Gardens Mall, Strand Mall, Sunway Giza Mall, Sunway Nexis Mall, 1 Utama Shopping Centre, Giant Kota Damansara, NSK Trade City, IKEA, and Lotus’s (formerly Tesco), all within close proximity.
Recreational and leisure options are abundant in the area. Nearby parks include Tropicana Park and Central Park Bandar Utama, while golf enthusiasts can enjoy Bandar Utama Golf Course. Nature lovers can explore Kota Damansara Community Forest, while families with children will appreciate KidZania, a popular educational and entertainment center located just a 10-minute drive away.
| Property Details | Information |
|---|---|
| Property Type | Condominium |
| Developer | Muafakat Sdn Bhd / PKNS |
| Tenure | Leasehold |
| Completion Year | 2005 |
| Total Units | 2180 |
| PSF | RM 251 – RM 566 |
| No of Floors | N/A |
| Common Facilities | Common Facilities |
|---|---|
| Badminton hall | Basketball court |
| Barbeque Area | Covered car park |
| Clubhouse | Gymnasium room |
| Jacuzzi | Lounge |
| Mini-Mart | Multi-purpose hall |
| Nursery | Playground |
| Sauna | 24 hours security |
| Swimming pool | Tennis courts |
Palm Spring @Damansara Market Analysis
Over the years, Palm Spring has shown steady value appreciation. A unit with a built-up area of 936 sq ft was sold for RM260,000 in 2011. As of January 2021, the same unit size was listed on PropertyGuru for prices ranging between RM313,000 and RM400,000.
Despite its affordability, there are challenges associated with this development. Parking remains an issue, as each unit is only allocated one parking lot, with only 329 additional lots available. As a result, many cars are parked along the roadside, which poses a risk of vandalism or compound fines. Traffic congestion along Persiaran Surian is another concern, although the newly completed underpass near Sunway Giza Mall has helped ease the situation.
However, connectivity improvements such as the Damansara–Shah Alam Elevated Expressway (DASH) and the upcoming LRT Line 3 are expected to boost property value further.
Comparison with Nearby Properties
| Project | Land Tenure | Property Type | Completion Year | Built-up Size | Approximate Launch Price |
|---|---|---|---|---|---|
| Palm Spring @ Damansara | Leasehold | Condominium | 2005 | 915 – 1,259 sq ft | From RM160,000 |
| Emporis by SCland Group | Leasehold | Serviced Residence | 2020 | 750, 880 & 1,047 sq ft | From RM592,000 |
| Encorp Strand Residences | Leasehold | Condominium | 2015 | 734 – 1,462 sq ft | From RM739,600 |
| Cascades Residences | Freehold | Serviced Apartment | 2014 | 561 – 1,138 sq ft | From RM428,000 |
| Opal Damansara | Leasehold | Condominium | 2007 | 1,140 – 3,605 sq ft | From RM309,000 |
| Cita Damansara | Leasehold | Condominium | 2005 | 1,220 – 1,260 sq ft | From RM650,000 |
| Challis Damansara | Leasehold | Townhouse | 2010 | 2,350 – 2,472 sq ft | From RM645,888 |
Home Loan Estimation for 936 sq ft Unit
| Loan Details | Calculation |
|---|---|
| Property Price | RM350,000 |
| Loan-to-Value (LTV) Ratio | 90% |
| Down Payment (10%) | RM35,000 |
| Loan Amount | RM315,000 |
| Loan Term | 30 years |
| Interest Rate | 3.2% |
| Monthly Repayment | RM1,362 |
| Approximate Required Gross Annual Income | RM55,000* |
(*Assuming no other monthly debt obligations, and 30% of gross income is spent on housing loan repayment.)
Conclusion
Palm Spring @ Damansara remains an attractive and affordable choice for families and young professionals seeking a home in Kota Damansara. While there are challenges such as limited parking and occasional traffic congestion, the property’s strategic location, comprehensive facilities, and increasing connectivity via MRT and LRT expansions make it a viable investment.
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Worth Of Buying Palm Spring Condo
This condo appreciates quite fast too…. middle of last year around 260k for 936sf. Now already 330-340kl range. Almost 30% increase!
New MRT station is very near, but I dont think this is a single contributing factor. Kota Damansara as a whole, had undergone a huge transformation, to a chic and happening place.
Not bad for a 2000 unit leasehold condo
Outdated Facilities & Deteriorating Upkeep
The facilities at Palm Spring @ Damansara, such as the gym, pool, and communal lounge areas, are severely outdated. They haven’t received any upgrades in years, and it’s obvious that the infrastructure is aging without proper renovations. The gym equipment is often broken or missing, and the pool area is not maintained to a hygienic standard—leaving residents with a subpar experience. I expected a modern, well‑maintained facility given the premium location, but the constant state of disrepair is both disappointing and frustrating. This neglect makes it hard to justify the living costs here.
Acceptable Location, Needs Modernization
Living here is convenient due to the nearby amenities. However, the property could benefit greatly from modern upgrades and improved maintenance.
Promises Unmet
Palm Spring was advertised as a resort-style living environment, but the reality is far from that. The maintenance and management simply don’t meet expectations.
Terrible Management & Maintenance
I’ve experienced constant maintenance issues—broken lifts and dirty common areas are the norm. The management is unresponsive, making this property a major disappointment.
