Desmond begins to recoup investment in Damansara Heights

Pusat Bandar Damansara

AT a time when the Klang Valley office space totals some 110 million sq ft, as at end-2013 going by the National Property Information Centre data, and against the backdrop of a softening property market, tycoon Tan Sri Desmond Lim Siew Choon (pic) is marketing office space on his Pusat Bandar Damansara (PBD) or Damansara Town Centre land for about RM1,500 per sq ft (psf), depending on floor location and other details.

With the private previews – which are by invitation only – Lim has effectively started the process of recouping his investment of more than RM1bil there.