Hi all sifus,

Kindly discuss the below:

1) Whether landed property in future will skyrocket since so many condos are being built.

2) Will condos be our main home in the future?

for me personally, i m not so bullish on condos.

Landed already expensive in klang valley.

The more reason to buy landed in KV rather than high rise. There are some landed that are not yet fully showing the true potential. I.e: kajang and semenyih

This post has been edited by AMINT: Jun 8 2013, 09:10 PM

According to latest survey...

Condos will be more preferred by new generation. Interim of safety and scarce of land in prime area...

Landed will slowly be replace by high-rises.

That is why more condo needed... Landed will only those like superlink and bangalore be built in future trend...

I personally think if high rise goes up in price, landed will be higher immediately. We have this culture of mostly everybody wants to settle down in a landed house. Seldom (not all) i hear people wanna settle in high rise until die. Most malaysians want to even have bungalows. If cannot get, semi d also ok. If cannot get superlink also ok. If cannot get, link also ok. I believe high rise is still considered a stepping stone for a person before moving into a landed prop. Until our land is too populated, this will be the trend

Check out bangsar and near MK for landed and tell me which is more expensive. Landed or high rise. Please compare apple to apple

condo is lifestyle??
i dun like condo coz:
1. no place for drying clothes. sun light is good for clothes (uv killed germ)
2. limited space for storage; compare to landed, can store extra stuffs at 2nd flr. not an eyesore
3. no wet kitchen, very oily n smokes
4. can't hold party or big gathering at door step
5. if u forgot something u need to travel far n take lift
6. limited car parks. ( u can park many cars outside of your landed house; inside or outside, everyday)
7. not good for children

High rise apartment does not need a big plot of land to built...less than 10 acre also can built.

Land is also getting expensive and scarce in prime areas such as Subang, PJ, KL, Puchong...

That's the reason why no much landed property launched in the prime areas anymore.

Based on Supply and Demand theory, I am more positive on the land properties in term future capital appreciation.

It is a no brainer if high rise becomes expensive, landed will become more expensive. If the landed has clubhouse and g&g even even more expensive. Although this is not a 100% fair comparison, u can see this happening in hong kong, singapore or even istanbul if u wanna compare.

This post has been edited by AMINT: Jun 8 2013, 10:11 PM

The value surely landed is on upper hand no need to argue about this but if less family member i will opt to live in condo as easier to clean, maintaining the unit is cheper, safer and have facilities.

I totally agreed with you. With high rise maintenance cost will be a problem...and bear in mind...this cost will keep increasing and u will have to pay for the rest of your life as long as your staying there....

Its true. My fren and oso my bosses's investment partner, a very well known household producer, vacant his own bungalow and bot a 3k+ mk condo with expensive reno. Condo 1.8mil + reno & furniture fitting 1.2mil. Ended up lived there 2 yrs and decided to rebuild the bungalow. Then moved back to bungalow. Reason being, tua liao. Mau jalan jauh dr car park ke rumah sebenarnya bukan senang sangat.

Who cares bout condo lifestyle when there is beta life in bungalow. Not every1 fancy condo life. Afterall not many ll benefit fr all the sauna or pool or gym etc etc.

Not every one has the purchasing power for landed especially landed is getting more expensive. So no choice, buy condo, especially those young couple.

Because farther lokasi lo

Landed property in good location such as PJ, Subang, Bangsar also got...In the subsales market with expensive price tags and old facade/ structure. Extensive renovation may be required+Not gated and guarded so more.

I agree.
People also have to understand. A building (condo or double storey link) cannot last very long. I think above 50 years, you start to worry about the structural integrity. The wiring, pipes, the structure etc. will give way eventually, unless maintained and monitored meticulously ( I am not talking just new painting). A landed property's building may give way, but people are willing to build another house on the land. But for condo, you don't have the flexibility.

By the way just curious - what is the oldest condo in Klang Valley, Penang still popular with investors/owners?

New landed will sell higher & higher...

Old freehold landed @ superb location will sell higher & higher...

Yield will be super low.

Ya lor. If u compare 30 years old house in subang jaya vs another 30 years old high rise, most likely the high rise will now look like shit and nobody wanna stay there. Landed ones people usually renovate to look like current styling if they can afford.

I move from condo to landed bcoz landed can hv pets. Btw, just bear iin mind tht sub sale landed properties are more easy to get finance from banker points of view.

agreed the pipes wont last more than 50 years. even USA biggest pipes producer (JM Eagle) only dare to guarantee up to 50 years ONLY.
http://www.jmeagle.com/

compare to so many curi ayam producers in malaysia, i think the pipes can only last less than 50 years. so what happen if the sewage pipes burst in condo?
btw, is there any condo or apartment in malaysia over 50 years?

then what is the point to have freehold condo, can the condo lasted more than 99 years?