100 sq ft just the size for a bedroom! Means you eat sleep and shit in that small area....way too phobic.

http://www.youtube.com/watch?v=7yr7tPlGiOI

I think 500 is smallest to me~

that is disaster for me.

The key to a successful design of a micro home is the use of natural lights and windows from the top and sides to give u an open space feel. Apartments or condos, whatever sq ft size from 100 or lower OR approaching 500 or in between, generally face this problems of windows rendering while a landed one has more opportunity for windows rendering even from the roof as landed units have at least 2 sides to play with while condo has one . (Unless if u would count in those windows of kitchen or utility rooms of a condo/apartment that faces the artificial lighting walkway to the lift a window)

This post has been edited by EnergyAnalyst: Jan 20 2013, 11:09 AM

The only thing I like is the view out to the beach.

The only problem I see is at 60k price, the developer will say too much trouble and the bank will also say not priority. At that low price, it is low cost housing with compromised material and finishing.

What I wanted to see is since landed property is 1 mil easily say 2 to 3 storey with Built Up area of 1500 sf if developer built instead 500 sf. At 1/3 of the usual size, if the price is brought down to 300k, I think there will be buyer if the response here is good, I'll prepare a paper to REDHA to perhaps let them see the merits and built them in good locations instead of building affordable homes at TIMBUKTU and other God forsaken places

This post has been edited by EnergyAnalyst: Jan 20 2013, 07:46 AM

the price may be low, but it is not in the low-cost category if you take into consideration the price per sq fett, at rm400/ft^2

limiting the loan tenure to 5 yrs would certainly attract banks (or maybe the opposite). either way, it's a fast return for them.

and by pricing the home at the price of an average entry level car (example: the myvi & persona), it would make sense for youngsters to buy them


and yeah, i'd agree with you on the location. these microhomes would have to be in the prime locations to make it worthwhile buying and living in it. you compensate your living space with travel time / cost

Unfortunately having worked for banks 8 years before while my mrs still do. I am sad to say most banks will see 60k purchase price and 54k loan @90% and short pay back as undesirable as the interests they can earn will makes it unattractive.

The only institution that may help do the financing under such low price scenario may well be the EPF related MBSB,

This post has been edited by EnergyAnalyst: Jan 20 2013, 11:23 AM

you are right with the fact that banks may be reluctant due to low income generated from interests accumulated

but still, an idea of microhomes is very intriguing to me...

Most malaysians think is crazy as they say our land is big.

But our focus here is the CBD market... imagine lowering total value prices down to your affordable range... assuming yield is similar to current market (3-4%), will you consider?

This is a niche market. Will appeal to only certain segment

Indeed, I found another thread right here was started later also on micro home just bout 2 days ago, so the interest is not alone I guess.

Microhomes if at 100 sq ft is similar to renting a room....all over again.

thread merged. discussing about micro homes and its potential

yeah, some more rent is more flexible

To me 250 sf like this guy
http://youtu.be/juWaO5TJS00
Is nice enough

If the micro homes are around 250-400 sgft and within the CBD area, it will be viable if the price is right. But potentially, if they are located within the CDB, it is highly unlikely you will see a RM400psft price. It would be niche and a developer would probably be looking at RM500 instead .. even that I would say it's still a raw deal if the location is superb like near KLCC. Imagine owning a 300sqft for home/room for RM150k there. I'd pay for it ..

I imagine so would a lot of people, I mean a lot a lot of people. The more you think about it, the more micro homes make a whole load of sense, developer can even throw in the hidden up and folded out kind of furnishing as package hell I will easily pay RM300k for it

I think 80-100sf just nice. Selling at < 2k psf in cbd prima area. Come with 5 star facilities