Launch of Damansara residential units this weekend

Singapore

GUOCOLAND Malaysia is launching about 60 units in DC Residency, the residential component of Damansara City, a luxury integrated development, for sale to Singapore buyers this weekend.

This comes ahead of the actual launch in Kuala Lumpur next month, and presents "a last chance" to purchase these residences at lower prices of about RM1,400 (S$518) per square foot (psf) on average - versus the listing prices of RM1,600 psf.

DC Residency consists of two 28-storey residential towers with 185 units each. Units range from 899 sq ft one-bedders to 2,705 sq ft three-plus-one bedders.

For now, only one tower is for sale, and already, half of its 185 units have been snapped up even before the launch, via a private placement. Some of the buyers were business associates of the Hong Leong Group, which GuocoLand Malaysia is part of. One…