Nestled within the hills of Klang Valley is Damansara Heights, an exclusive and upscale suburb Kuala Lumpur. Dubbed as the “Beverly Hills of Kuala Lumpur” by The Star, this residential address has been sought-after for the past years, as the location strives to keep up with the rising demand for residential buildings and houses from affluent and the elite KL community.
Stepping up to the plate is Clearwater Residence (built by the Clearwater Group – Dian Lee, phwoar!), a freehold, low-density condominium that is located along Jalan Changkat Semantan in Damansara Heights. Its exclusive address already adds to the serene and peaceful setting the condominium provides. Consisting of only 18 storeys that comprises of 108 units, it has become one of the hottest properties in Bukit Damansara, as seen in gradual increases in sales and prices the condominium has accumulated over the years.
Boutique Serviced Residence
“Inviting” is the word to describe the Clearwater Residence from afar—there is that ultra-modern and contemporary architectural design that is only fit to satisfy anyone who appreciates modern and contemporary art. “Poetic Modernism” is the vibe this boutique serviced residence aims, and it sure is easy to feel once one steps inside its units.
Unit Details and Built-up Area Choices
Units come in an elegant and classy design. There are a total number of 108 residential units, comprising of 11 penthouses, 42 lofts, 30 one to two bedroom units, 20 superpads, and five studio units. Built-up areas start at 826 square feet, and its largest unit measures at 4,735 square feet.
There is a growing demand for residential properties in Damansara Heights, mainly because it has an elite reputation of being one of Kuala Lumpur’s upscale and expensive communities. This part of town definitely is the rich man’s playground, and Clearwater Residence seems fit the bill should one would look for an exclusive residence in an exclusive neighbourhood.
Over the years, prices for the condominium have appreciated. Early investors have experienced a growth in capital as years go by, as demands for units never seem to cease. There is also a 14% increase in prices just for the months of April 2013 to May 2013 alone, as its current asking price stands near the RM1,000 per square feet landmark figure. This price has ballooned from a humble RM 700+ per square feet when the property was first launched.
Amenities and First-Class Facilities
The Clearwater Residence clearly offers a whole range of amenities and facilities that would fit everyone’s luxury checklist. First, the boutique serviced apartment has an infinity pool located on the rooftop. The roof deck is also the perfect spot to view the Petronas Towers and the KL Tower during sunrise if you want to take a moment and relax. Like any upscale condominium, it also has a well-equipped gymnasium, a signature café and restaurant called “Ploy”, as well as a spa and detox room to further inspire its residents’ well-being and the true connection of the mind, body, and soul.
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Analysis and Final Statements
It’s almost certain that investing in Clearwater Residence will yield a high rate of investment — the reason being Damansara Heights will always be a sought-after address. While some may say that the area lacks major shops or activities that offer further convenience (shops, malls, etc.), this sure is bound to change, especially now that the suburb is facing development.
We at PropertyReviews.my think that it’s a wise choice to invest on a residential property here (and in Damansara Heights in general) as it is attractive to both locals and (most especially) expats who have a lot ringgit to spare. Its exclusivity cannot be matched, even by Bangsar or Mont Kiara.
Some say it’s best to invest on Clearwater Residence now, when its prices are still considerably and reasonably priced—better now than soon, when everyone is going crazy over its limited units that are (and probably will for a long time) sell like cendol on a very hot day. But before you invest, remember to figure out the fair price to pay – that’s the singular factor that would make or break your investment. So that you don’t overpay, compute Clearwater Residence’s “fair market value” using this simple guide which we will email you once you have entered your details here –