Bandar Sri Damansara's new commercial centre

Residents of Bandar Sri Damansara now have a new commercial centre to look forward to with the launch of Ativo Plaza, located in the up and coming area of Damansara Avenue.

Developed by TA Global Bhd, Damansara Avenue is a mixed commercial development on 48 acres of freehold land in Bandar Sri Damansara with a gross development value (GDV) of RM3.8bil.

Conceived as a 10-year master-planned development, Damansara Avenue is anchored by a sprawling seven-acre urban park that provides communal space for interactions and activity.

Ativo Plaza, the first commercial development in Damansara Avenue, comprises two blocks of eight-storey buildings featuring 198 office suites and 43 retail units with a GDV of RM138.8mil.

“Ativo Plaza was first introduced into the market in 2010 and received an overwhelming response from the public, with some people queuing the night before just to secure their preferred unit.

“Today, it has achieved 100% sales,” said TA Enterprise Bhd managing director Datin Alicia Tiah during the opening ceremony recently.

TA Enterprise Bhd is the parent company of TA Global.

“Following this enthusiastic response, the first residential phase of Damansara Avenue, Azelia Residences was launched in May 2011,” Tiah added.

Azelia will comprise two tower blocks — an eight-storey apartment block of 43 units and a 28-storey block of 207 units. The units range from 600sq ft to 3,400sq ft in size.

“To date, 90% of the units have been sold and the project is expected to complete by the middle of this year,” Tiah said.