New benchmark for office space, Pusat Bandar Damansara at RM1,200 range

The nine office blocks in Pusat Bandar Damansara have been scheduled to be demolished in the third quarter of 2014. Lim owns two pieces of land there.

PETALING JAYA: Datuk Desmond Lim Siew Choon, who is planning to demolish and rebuild a mixed integrated development in Pusat Bandar Damansara (PBD), seems to have set a benchmark for office space in that area at between RM1,000 and RM1,200 per sq ft, sources said. The first phase of the office block is expected to be completed in three to four years.

The 9.58-acre parcel, one of several in that area, is the current site of nine office blocks of six and seven storeys high.