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Surian Condominiums, Mutiara Damansara

Surian Condominiums (also known as Surian Condominium) is a low density condominium development located in Mutiara Damansara enclave. It is developed by Boustead. It is easily accessible from Persiaran Surian that connects to Lebuhraya Damansara Puchong and also NKVE. Also, you can utilize Penchala Link which is just within short driving distance.

Surian Condominiums comprises of 376 units. Each unit consists of dual entrances, one for the main entrance while another for rubbish path et cetera. Each unit comes with 2 parking bays, side by side.

Mutiara Damansara enclave is mushroomed with plenty of commercial and shopping centers. It is the home to The Curve, IKEA, Tesco, IKANO, Cineleisure Damansara, Courts Megastore, Proton Platinum Showroom, Lexus showroom, and UAC’s head office. Therefore, from buying yourself a new car to buying groceries and household necessities, and from having a karaoke session with friends to watching movie at the cinema with your love ones, you can always have them all without leaving the enclave.

Boustead Holdings is a diversified conglomerate, established since 1928. It ventures in six core business areas including plantation, heavy industries, property, finance and investment, trading, and manufacturing and services. In terms of property development, the company has developed Mutiara Rini in Skudai, Mutiara Hills in Semenyih, 183 Ampang and Taman Jernih. Besides Surian Condominiums, Boustead is the same developer for bungalows and semi-Ds in Mutiara Damansara, namely Mutiara Homes.

Property Details

  • Name: Surian Condominiums (also known as Surian Condominium)
  • Address: Mutiara Damansara, Petaling Jaya, Selangor
  • Developer: Boustead Holdings
  • Completion Date: July 2007
  • Type: Condominium
  • Tenure: Freehold
  • No. of Units: 376
  • Land Area: 9.4 acres
  • Maintenance Fee: RM0.25 psf
  • Launch Price: RM250 psf (RM300,000 onwards)
  • Subsale Price: RM710,000 - RM1,900,000
  • Rental: RM2,300 - RM7,000

Facilities

  • Covered parking
  • 24-hour security
  • Gymnasium
  • Jogging track
  • Playground
  • Barbeque area
  • Cafeteria
  • Mini market
  • Squash court
  • Swimming pool
  • Wading pool

Market Trends

Analysis

Close proximity to the prime shopping centers makes Surian Condominiums very appealing. It is just within walking distance to The Curve, Cineleisure Damansara, Tesco, IKANO and IKEA. Without any doubt, you can live your life to the fullest without even having to leave the neighborhood.

One of the drawbacks of Surian Condominiums is it is situated right next to Persiaran Surian, which is the most important access and busiest road within Mutiara Damansara vicinity. It is the main road that connects Kota Damansara to the prime areas. The road handles thousands of cars every single minute.

Therefore, residents of Surian Condominiums that face the road will have to bear noise pollution from the vehicles that passing by. Not to mention that the noise is intolerable as there are loads of motorcycles from Kota Damansara residential commuting via the road every single day and even late night.

Upon completion, some claimed that the quality of workmanship was quite bad, and its finishing is sub-standard. Not only that, some added that leakages found, poor grouting work, and cement in toilet bowls.

Road accesses towards Surian Condominiums are pretty congested as well, no matter during weekdays or weekends. Persiaran Surian caters massive vehicles coming from Kota Damansara during working days and all over the Klang Valley during weekends that are coming to shopping hub. But, it is not a problem though as you can always opt to use Penchala Link.

Its closest competitor, Opal Damansara, would definitely not perform better than Surian Condominiums. Opal Damansara is just located less than 500 meters from each other. Opal Damansara is a 99-year leasehold, while Surian Condominiums is freehold. In terms of density, Surian Condominiums possesses 40 units per acre as it comprises of 376 units, while Opal Damansara posses 60 units per acre as it comprises of 248 units.

Investment wise, Surian Condominiums is much preferred as own stay than an investment. For such a high price tag, it is hard to gain good rental yield, as its target market are locals comprising of middle income earners. One should also compare to those condos in Mont Kiara or Sri Hartamas, which have proven to deliver good capital appreciation as well as rental yield. But if high-end condominium within Mutiara Damansara is really your cup of tea, Surian Condominiums is the best option available for you.

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