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 With so many condos being built, will landed get more expensive?

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wilsonhow
post Jun 9 2013, 01:22 AM

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IF management can maintain the whole condo very super good, maybe can last 20-30 years. But when u going to sell the property in freehold and leasehold, definitely the price of freehold is much expensive.
natman
post Jun 9 2013, 01:36 AM

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QUOTE(ManutdGiggs @ Jun 8 2013, 11:03 PM)
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.
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Big bungalow to maintain not easy, not many people staying very sunyi, condo at least u still can meet with people and neighboir
TSSelectt
post Jun 9 2013, 02:06 AM

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QUOTE(Helius @ Jun 8 2013, 09:16 PM)
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...
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I m fearing that one day, if there is murder or robbery in one of the condo, all hell break lose. That murderer may live nearby and the whole condo residents are at high risk. sweat.gif
terryble
post Jun 9 2013, 02:29 AM

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QUOTE(AMINT @ Jun 8 2013, 11:54 PM)
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.
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i think this is very much depends on the building management and the owner~~if the Management team and committee good + owner willing to pay for renovation then it should be jus fine~~

the apartment (used to be condo) i am staying is definitely more than 30 years old (approaching 40 maybe)...some serious repair and maintenance were conducted 5 (or is it 7) years ago... prices shot up...and ppl are buying~~it doesnt looks VERY nice~~but also not like the shit u mentioned~~ (NOTE: the 1 i am staying is NOT a low cost flat back in those days)

anyway...the problem is that...with so many renovation going around~~it is very noisy and annoying~~

terryble
post Jun 9 2013, 02:34 AM

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QUOTE(lucerne @ Jun 9 2013, 12:46 AM)
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?
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hahaha~~good quote~~
thats y ppl prefer to buy higher floor~~the shit will still flow down~~and u should have less smell and problem~~

I do agree that after a number or years~~the telephone wiring and even the water piping will have problems~~
it occurs in the apartment i am renting now~~but anyway if u can use something for 50 years~~what else do u still wan to complain~~just replace it!!!
liquidz
post Jun 9 2013, 03:46 AM

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When there is demand, there is supply...
Chris Chew
post Jun 9 2013, 03:59 AM

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I believe most of the comments above were correct against each other.

It's another long story or debate with the questions of more condos built against lesser landed houses built ....

The main question share by TS was, with more condos built currently and coming years, will the landed is getting more expensive ...

Generally yes.
ManutdGiggs
post Jun 9 2013, 06:56 AM

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QUOTE(natman @ Jun 9 2013, 01:36 AM)
Big bungalow to maintain not easy, not many people staying very sunyi, condo at least u still can meet with people and neighboir
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Yeah kinda agree with u. The bigger the house, the further apart the relationship for those living inside. Especially nowadays many love to build bungalow with big rooms which can fit a small tv area which means everyone watch tv in the room. No longer gather in living hall. So sad and it true cos I hav seen enuf of real life cases.
idoblu
post Jun 9 2013, 06:57 AM

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If everybody thinks like you guys then why are million ringgit condos still selling? Better buy a super link or even a semi d for that kind of money. I say landed is even "cheaper" if you count RM-psf as compare to condo.

To answer the question, of course landed prices will still increase. But so will condo prices.

Not everyone choose to live in landed props even when they can afford it. There's always the other side of the coin.
Some older couples seeing their children all grown up may opt for condo living instead as its easier to maintain.

All those condo vs landed arguments - to me both have equal pros and cons. It just depends on what you're looking for and which one suits your lifestyle more. There is no such thing as one > all.

This post has been edited by idoblu: Jun 9 2013, 07:21 AM
lucerne
post Jun 9 2013, 09:35 AM

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QUOTE(terryble @ Jun 9 2013, 02:34 AM)
but anyway if u can use something for 50 years~~what else do u still wan to complain~~just replace it!!!
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when the piping in condo were concealed, it is difficult to replaced.


lucerne
post Jun 9 2013, 09:41 AM

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QUOTE(idoblu @ Jun 9 2013, 06:57 AM)
If everybody thinks like you guys then why are million ringgit condos still selling? Better buy a super link or even a semi d for that kind of money. I say landed is even "cheaper" if you count RM-psf as compare to condo.

To answer the question, of course landed prices will still increase. But so will condo prices.

Not everyone choose to live in landed props even when they can afford it. There's always the other side of the coin.
Some older couples seeing their children all grown up may opt for condo living instead as its easier to maintain.

All those condo vs landed arguments - to me both have equal pros and cons. It just depends on what you're looking for and which one suits your lifestyle more. There is no such thing as one > all.
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million ringgit condo - it is still ok as other developer can buy enbloc the aged condo , tear it down and rebuild a new condo on the same freehold land (as in many countries eg singapore), if the condo locate in ulu ulu place then ur condo will be problems after >50 years and no one take over.

maybe u shud consider to buy landed if RM-psf is cheaper now. (same area i mean especially in downtown)

rachel_xxx
post Jun 9 2013, 09:59 AM

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QUOTE(KOHTT @ Jun 8 2013, 11:10 PM)
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.
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I think condo>landed(farther location) is comparing new launching.
If sub landed in prime location price will be > than sub condo already.
idoblu
post Jun 9 2013, 10:24 AM

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QUOTE(lucerne @ Jun 9 2013, 09:41 )
maybe u shud consider to buy landed if RM-psf is cheaper now. (same area i mean especially in downtown)
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LOL I just sold my full G&G super-link for Rm405psf only. Nowadays apa leasehold condo far from city also around 500psf already. Go take a look at the crazy prices they are asking for verve suites at OKR

Anyway like I said earlier, what works for you may not work for others and vice versa.

This post has been edited by idoblu: Jun 9 2013, 10:35 AM
malibuchong
post Jun 9 2013, 03:28 PM

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QUOTE(natman @ Jun 8 2013, 10:18 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.
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rclxms.gif thumbup.gif
malibuchong
post Jun 9 2013, 03:35 PM

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QUOTE(idoblu @ Jun 9 2013, 06:57 AM)
If everybody thinks like you guys then why are million ringgit condos still selling? Better buy a super link or even a semi d for that kind of money. I say landed is even "cheaper" if you count RM-psf as compare to condo.

To answer the question, of course landed prices will still increase. But so will condo prices.

Not everyone choose to live in landed props even when they can afford it. There's always the other side of the coin.
Some older couples seeing their children all grown up may opt for condo living instead as its easier to maintain.

All those condo vs landed arguments - to me both have equal pros and cons. It just depends on what you're looking for and which one suits your lifestyle more. There is no such thing as one > all.
*
thumbup.gif rclxms.gif
Chester
post Jun 9 2013, 03:47 PM

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U guys Psf kira land size or build up?
pobox
post Jun 9 2013, 04:13 PM

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QUOTE(Chester @ Jun 9 2013, 03:47 PM)
U guys Psf kira land size or build up?
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Build up area.
tigana
post Jun 9 2013, 04:20 PM

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This is not to offend anybody. I just did this research to share.
After a brief search, I found out about Bolton Court , a 12 storey condo built in the 70's that was demolished to build SixCeylon, a 33 storey luxury condo. In Jalan Bukit Ceylon, KL.
Any idea how the ex residents of Bolton Court made the deal / compensation? Were they offered a new unit?

http://www.skyscrapercity.com/showthread.php?t=653976

This post has been edited by tigana: Jun 9 2013, 04:22 PM
kh8668
post Jun 9 2013, 04:25 PM

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QUOTE(tigana @ Jun 9 2013, 04:20 PM)
This is not to offend anybody. I just did this research to share.
After a brief search, I found out about Bolton Court , a 12 storey condo built in the 70's that was demolished to build SixCeylon, a 33 storey luxury condo. In Jalan Bukit Ceylon, KL.
Any idea how the ex residents of Bolton Court made the deal / compensation? Were they offered a new unit?

http://www.skyscrapercity.com/showthread.php?t=653976
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if not mistaken, bolton court was fully owned by bolton before. no issue for that.
tigana
post Jun 9 2013, 04:36 PM

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QUOTE(kh8668 @ Jun 9 2013, 04:25 PM)
if not mistaken, bolton court was fully owned by bolton before. no issue for that.
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I see.
Bolton Court was developed by Bolton and then rented out.

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