QUOTE(JackDan @ Apr 10 2022, 12:33 AM)
Just went and have a look today and drove around the vicinity...
don't quite like the experience. perhaps not for me. =(
Yeah TBH Dutamas is a work in progress. When I was in the same stage of the purchase journey last year I do share the same sentiments that the area isn't as complete as I was it to be. However I do foresee it's a 5-7 year horizon with concrete progress going in.
1. KL met area is already shaping up. If you see their prices it would make you take a 2nd look. Yes it could be priced into the future so that gives you a comparison of possible trajectory of a well executed development
2. Urbanization of the area where Alix is located is ongoing. Jalan Segambut upgrade is ongoing to be done till 2023 before Alix handover. A more direct connection to Mont Kiara is also expected to start after that.
3. MRT - there are about 3 stations within the vicinity. While it is nowhere a TOD having more access can spur growth of the area.
4. Private international school gazetted land beside Alix. Mont Kiara area's selling point has always been how easy it is for expats and more affluent people to send their kids to school. With that continued to be evangelized the same effect could present itself to the area. French school is there, an added school can aid that further.
5. Pricing of the development. Psf basis, it is higher than existing developments but it is indeed also promised to be a class above those as well. Ultimately from my experience the development itself can command its own pricing as long as it is well executed with proper management to continue.
6. Timing wise as well, it is priced pre pandemic and with forecasts of construction materials increasing it could present as good value to those aiming to get large units.