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ALAM DAMAI
Cheras, Kuala Lumpur. |
Alam Damai promotes ‘Life Amidst Greenery' with the convenience of modern city living. Located in Cheras, this 641-acre township is built around a 30-acre central park that forms the spine of the township. The park highlights 3 unique landscaping concepts namely, Tropical, Islamic and Boulevard, and has now become an attractive communal recreation zone not only for the Alam Damai residents but also for communities within the locality.
Alam Damai sits on a foothill therefore homes are built to complement the rise and fall of the topography. The leveling of hills and higher grounds is kept to a minimum in order to retain the natural beauty as well as to preserve existing greenery. Some homes are perched on high, elevated ground and command a view of the central park and surroundings.
When fully completed, Alam Damai will be home to 25,000 residents. The homes have seen good response since the township launch in 1998, very much due to superior design and quality. They range from bungalow, bungalow lots, semi-detached homes, double and single-storey terrace, condominium, apartment, commercial lots and shop lots. The township is almost 60% developed. Future plans for Alam Damai are focused at putting in commercial components such as malls and retail outlets.
Most of the landed units in Alam Damai have been sold. The township has enjoyed an impressive appreciation over the last 10 years. The first phase of terrace houses launched in 1998 fetched a price of RM148,000. At a resale value of RM450,000, the secondary market has appreciated by 204%. As for its semi-detached homes, a unit launched in 2002 priced at RM450,000 fetches up to RM750,000 in the secondary market. A notable 67% increase. On average, now residents of Alam Damai enjoy 100% - 130% capital appreciation for their homes.
The estimated GDV for Alam Damai is RM1.6 billion.
» Visit our project website at http://www.alamdamai.my
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