The Mate, Damansara Jaya – Overview
The Mate signature suites is a freehold development located next to 3 Damansara (formerly known as Tropicana City Mall), Petaling Jaya. This project is made up of only studios, 1-room and 2-room units range from 270 sq ft to 675 sq ft. The Mate is a low density single tower development as we are looking at a total of 244 units across 22 floors in the land size of 1.01 acres.
By introducing modern property concept, The Mate blends in both co-living and co-working experiences into the development. It is collaborative and inspiring environments that promote social gathering of the tenants, which bring into exposure and synergy of new people, new ideas and new experiences.
The location of The Mate (Damansara Jaya) is at the heart of Petaling Jaya, nearby amenities include shopping malls, education institutions, hospitals, medical centres and public transportation such as LRT and MRT. It also has great road traffic access to 3 major highways i.e.: LDP, NKVE and SPRINT highway.
The Mate was launched in the Dec 2019 and is expected to be completed by the Q4 of 2022. Selling price of the project range from 300K to 714K, with partly-furnished or fully-furnished condition for owner to choose from.
The Mate Signature Suites – Intro Video
The Mate – Virtual Tour
Virtual tour is available for the project surrounding (aerial view), sales gallery and showroom.
Background of the Developer
OCR Construction Sdn Bhd is a developer with more than 20 years’ experience in real estate development and management. Starting from 1989, OCR has built and delivered various types of commercial and residential developments.
OCR has good tracked records, some of the successful projects are: PJ5 SOHO, Residence 8 Kuala Lumpur, Palm Reserve, Beverly Residence, Casa Utama Townhouse and Westwood Terrace. In parallel, OCR has also launched some exciting projects by which their development is still on-going: The Pano Jalan Ipoh, YOLO signature suites and Isola KLCC.
Information you need to know
The following are basic information of this project that you should aware of.
Address / Location:
Lot 45822, Jalan SS 20/27, Damansara Jaya, 47400 Petaling Jaya
(https://g.page/the-mate?share)
Property Type:
Signature Suites
Land Title:
Commercial
Tenure:
Freehold
Land Area:
1.01 acres
No. of Towers:
1
No. of Storeys:
22 storeys
No. of Units:
244 units in total
(Studios = 156 units, 1-room = 9 units and 2-room = 79 units)
Built Ups:
270 sq ft – 675 sq ft
Unit Types:
✓ Studio (270 sf – 273 sf) – 21 units
✓ Studio with sliding door (307 sf – 338 sf) – 122 units
✓ Studio with sliding door (486 sf) – 13 units
✓ 1 bedroom + 1 toilet (549 sf) – 9 units
✓ 2 bedrooms + 1 toilet (635 sf – 638 sf) – 18 units
✓ 2 bedrooms + 2 toilets (638 sf – 675 sf) – 61 units
Management Fees:
RM 0.40 psf (indicative only)
Completion Date:
Q4 of 2022 (this is the latest ETA after factoring in the construction delay caused by COVID-19 pandemic)
Price:
RM 300,000 – RM 713,800 (the price is accurate at the date of publishing, please feel free to check with us for the latest update)
The Mate – Design Concept & Facilities
What is co-living? A new way of living inspired by the old traditions of community living and collective experiences, co-living offers shared spaces such as bars, restaurants, gyms, libraries, laundry, roof terraces, hot desks, and more to bring everyone together. Co-living has grown in popularity in cities such as New York City and London. Here at The Mate, we utilise space to bring everyone together, creating collaborative and inspiring environments that expose you to new people, new ideas, and new experiences.
What is co-working? It is a self-directed, collaborative, flexible and voluntary work style. It involves independent activity in a shared workplace, often an office. However, unlike typical offices, these people in co-working spaces are usually not all employed by the same organisation. These spaces attract work-at-home professionals, independent contractors, independent scientists, or anyone who works in relative isolation. Co-working is a social gathering of people who work independently but value the synergy that can happen with people working in the same place alongside each other. It offers a solution to the feeling of isolation common in freelancers, while at the same time freeing participants from the distractions of home.
The facilities and flooring design in The Mate has been tailored to match with the co-living and co-working concept. The flooring design and common facilities for this project is distributed as below:
✓ Ground Floor – main lobby & drop-off
✓ Level LG – mechanical and electrical systems
✓ Level LG2 & LG3 – basement car park
✓ Level 1 to 5 – podium car parks
✓ Level 7 to 19 – signature suites (studios, 1-bedroom, 2-bedrooms)
✓ Level 20 to 21 – co-working / corporate office
Ground Floor Layout
Level 6 Layout
The Mate – Floor Plan
To check for availability of your interested floor, kindly contact our admin.
The Mate, Damansara Jaya – Expert’s Review
There is an honest saying “no property is perfect”. Given that every buyer has your own very specific requirements and objectives in real estate purchase, therefore it’s almost impossible to have a property project that can cater all needs. In this section, I’m happy to share my insights with you, so that you can have a preliminary understanding if The Mate could be the property unit that you are looking for.
(1) Freehold development. Many prefer freehold over leasehold project and it gets rarer to find a freehold unit in the prime residential / business district area such as Damansara. In general, freehold project guarantees a better resale value in future.
(2) Co-living & co-working building concept. This trending lifestyle and living concept is an attraction for young generation & middle age singles. The unit could also serve for both residential and SOHO office purposes, even if you are looking at upgrading to larger unit in the future, The Mate still can be easily rented out due to its high demand and multi-purpose nature.
(3) Low density & mature neighborhood. With only 244 units, and majority are studio units, you are not worry about kids and noises. You can really focus during your work time, as mostly they are only 1-2 tenants stay in your neighbor unit. The direct access to 3 Damansara shopping mall make it super-convenient for the tenants – you get foods, groceries and entertainments at your door steps.
(4) Very strategic location – Golden Triangle of Petaling Jaya. There should be no doubt if you look at below in terms of the nearby amenities, accessibility and popularity of this location.
✓ Easy accessibility – located next to both SPRINT and LDP. In a short driving duration, you can reach many locations in different directions, such as: Mon’t Kiara, Sri Hartamas, Subang (via NKVE), Kepong, Sg. Buloh etc…
✓ Full of surrounding amenities – 6 shopping malls, 13+ rated hotels, 4 Colleges/Universities, 4 Hospitals and mature commercial hub such as SS2, Section 17 and Damansara Uptown.
✓ Popularity of the location – Damansara ranked 6th as most searched area by Malaysia Buyer.
✓ Public transport access – MRT TTDI – 2.2KM, Kelana Jaya LRT – 3.5KM.
(5) High demand of rental searches & promising rental rate. They are many working adults or couples searching for room rentals in PJ. If you do some research online, you will notice that nearby rental rate for middle room and studios have been very promising. I’m able to share more insights with you face to face if you plan for a visit to The Mate’s showroom.
In conclusion, this project has unit types cater for both investors and own-stay buyers, and more specifically targeted on young entrepreneurs and first-time buyers. As the financial commitment needed to purchase the unit is priced at affordable entry level.
I would classify the following people as potential buyers:
✓ Singles / couples – you may want a studio or 2 bedroom unit
✓ Young investors – both rental rates and rental demands are high in this location
✓ First time buyers – lower financial commitment as entry, in the future when you upgrade to a bigger unit with your spouse and kids, The Mate is easy to resell or rent out.
✓ Young entrepreneur – whether you are planning to setup a SOHO office in The Mate, or you are just a work-from-home professionals, the co-working facilities in The Mate suites you well.
The Mate – Developer’s Promotion Package
Hi thank you for reading the review page till here, I’m Jervis Chong, an experienced real estate expert as well the property specialist for The Mate project. I want to let you know that OCR is currently still giving out developer’s promotion package as per outlined below:
✓ Special rebates % from developer (depends on unit type)
✓ Free SPA legal & disbursement fees (excludes MOT)
✓ Free loan legal & disbursement fees (excludes stamp duty)
✓ Semi Furnished fitting and fixture (Level 11 -19):
a) Air-conds
b) Heaters
c) Top & Bottom Pantry Cabinet with Sink
d) Pantry Hood & Hob
e) Basin Vanity Top & Cabinet
f) Plaster Ceiling with Lighting
g) Fixed Glass Panel for Shower
✓ Fully furnished fitting and fixture (Level 7 – 10) :
h) Air-conds
i) Heaters
j) Top & Bottom Pantry Cabinet with Sink
k) Basin Vanity Top
l) Plaster Ceiling with Lighting
m) Fixed Glass Panel for Shower
n) Open Wardrobe
o) Bed frame & Mattress
p) Study table
q) Sofa chair
r) Curtain
s) 2x beside table
t) Mini Bar
u) 49’’ TV
v) Safety Box
w) Iron & Iron Board
x) Hairdryer
y) Kettle
*Promotion T&C applied and will be subjected to change by OCR.
I welcome you to book a visit to The Mate’s showroom with me, kindly call or WhatsApp me below:
Alternatively, please submit your interest or inquiry in the form below, our team will get back to you really soon.
The Mate – Showroom & Photo Gallery
External Resources
1. The Mate website – https://themate.com.my/
2. The Mate – developer’s website – https://ocrbhd.com/project/the-mate/
3. The Mate FB page – https://www.facebook.com/thematedamansara/
4. The Mate Sales Gallery & Showroom – A-G-01 Block Allamanda, 10 Boulevard, 47400 Petaling Jaya
5. The Mate Lowyat.net Forum – https://forum.lowyat.net/topic/1431422/all (online forum information could be unverified and misleading, please verify with our team if you are unsure)