Belair

Belair (also known as Belair Condominium) is an old condominium nestled in the affluent address of Damansara Heights. Numerous amenities can be found nearby the condominium, as it is within close proximity to Sri Hartamas and Mont Kiara. Belair is just minutes away from Plaza Damas, that comprises rows of office cum shop lots and Hartamas Shopping Centre. Hartamas Shopping Centre houses Sen Q, Watsons, Floor Depot and Starbucks to name a few. Belair is also nearby Desa Sri Hartamas entertainment and commercial hub that contains numerous famous hang-out venues, bars, pubs, cafes, beauty centres and fitness centres. Besides that, there are SK Bukit Damansara and SK Seri Hartamas located nearby as well.

Property Details

Name: Belair (also known as Belair Condominium)

Address: Lorong Basong, Damansara Heights, 50490 Kuala Lumpur

Developer: Belair Condo Sdn Bhd

Completion Date: 1980

Type: Condominium

Tenure: Freehold

No. of Blocks: 3

No. of Storey: 6

Built-up: 1,100 – 2,100 sf

Maintenance Fee: RM0.20 psf

Subsale Price:

Rental: RM1,800 - RM7,000

Facilities

Swimming pool

Gymnasium

Squash court

Covered parking

24-hour security

Analysis

Belair is already quite run down. Its facilities and building are not properly maintained. The paint has already faded as well. Besides that, most units are not in good condition unless they have been renovated by the owners.Another drawback is Belair's location of being right next to high tension cable. Hence, residents are exposed towards radiation hazard from the electromagnetic field (EMF). One should seek proper evaluation for such exposure against health risk.There is a condominium development plan located besides Belair by Urban Hallmark. The development comprises four apartment blocks which designed like bungalows. With the upcoming new development, residents are concerned about traffic congestion along Lorong Basong as the road is a narrow dead-end road that leads to Belair.For own stay, Belair is a decent place to reside for middle income gainers. Its price is quite low compared to its immediate neighbor like Desa Damansara and Damansara Villa in terms of price per square foot. Weighing this investment in terms of capital appreciation, it is unlikely to appreciate much due to its very old age. At price much higher than this, one would probably look for better and newer condominiums in other areas. But there is slight chance for investor to gain good rental yield from investment. All one has to do is buy a rundown unit at very low price, then renovate it for another few thousands before renting it out.