Recently placed booking fee to an undercon double storey terrace land size 1087sqft, built up 1020sqft. There is one guy selling off his corner lot which having 2788sqft land size and built up 1020sqft. Is that a good buy?

1087sqft = RM295,000
2789sqft = RM363,000 (RM3000 extra is for his commission) = 366,000

Your thoughts please.

Although it is mathematically cheaper per square foot to get the corner unit but the question you should be asking yourself is whether:-
1) can you afford to service the monthly loan repayment; and
2) if you can afford then would you have use for the additional empty space?

I assumed that the additional extra land is a garden and garden requires money and time to attend to.

Whether the purchase is worthwhile purchase depends on yourself - do not listen to others who claimed to be a professional "investor" because if you bite into their advise and landed yourself in dipshit - they will run road.

if own stay i would take the corner lot if the house condition good. depend on other factor. the subsale how is the condition? any reno? defects all settled or not? fixtures like aircon fan light boleh pakai?

your brand new house u need to factor in 20-30K for fixtures lighting, aircon etc.

but good thing about new house is developer may rectify defects for a certain period. and maybe less initial $ up front.

but for me, i would be more partial to the corner lot. more land mah. the land extra 1600 sft you know.

your new unit 18x60 right. the other corner lot subsale what is the plot size? squarish? 40x70? assuming condition of the house is not bad and all the barang inside still quite new, i definitely get the corner, as long as i am staying.


This post has been edited by corleone74: May 7 2018, 08:08 PM

Thanks for your advise.
1) Yes, I can afford the monthly repayment.
2) I need to think whether what should I do with the empty space.

Yea, it is an under construction house, which will be done in 2020. No idea on the plot size. But please refer to the pictures. Hope the picture tells.
Please refer to Lot 127. No idea if it is a good location. By the way, the road beside Lot 127 is not main road.

This post has been edited by realitec: May 7 2018, 08:57 PM


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location, i meant where is it? But i guess it doesn't matter as long as you can benchmark the other similar property in the area.

You booked a house without knowing the specifics like plot size? ask the developer, intermediat 18x65 is quite small plot

OIC. its the same project undercon and the corner lots all taken.

OK, let me break it down for you:

1) you seem to lack info, this is not a good sign

2) corner lot generally better investment in long term than intermediate, simply because they are rarer. One row of house, only two corner lots. when time to sell, you have less competition. and you can do extensions, park more cars, etc - very useful for growing family

3) unfortunately all the corner is taken. so that is the dilemma.

lot 127: actually i not prefer next to road, is one thing. another is the lot is odd shaped, prefer rectangular.

i would say in general corner if better if one is staying and can afford it, since only 60k more. just up to u if you want to pay the first guy 3k commission for letting his booking go.

if i were you and i really want this project and mine is a young growing family i'd take the corner lot.

make sure you also check with existing house subsale prices in the next taman to see how much premium you are paying .
sometimes buy a 5-10 year old house is better value and safer.

good luck


This post has been edited by corleone74: May 8 2018, 09:16 AM

location? developer? taman?

Yea, i admit on the less knowledge. However, I am able to afford the house, and I placed my booking fee on the corner lot. Thanks for your advise. I don't know about the plot size, but lane size is 2788 sqft. Wonder if it is big, I need to check it out myself when it is almost done.

Its east Malaysia, Labuan, Taman Ganggarak, developed by Tad max.

i didn't read properly and misunderstood your situation.

you took corner lot i thought you took intermediate but not sure if corner is better?

Yes, corner is better. my concern is next to road and plot shape. prefer corner lot in the centre, safer. as outside the main road anything can happen there

2788 sft is quite OK size.

This post has been edited by corleone74: May 8 2018, 09:19 AM

Yes, you understand correctly. I have just get the name changed done yesterday evening. I secured one lot of Corner instead of intermediate. As for the road, you see from the map there is one roundabout, and the main road is as what i drawn, maybe you can see a clearer picture from the attached. Thanks Having said that, it would be very good location right?


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to me location is not about the site layout but where is it (which town, which taman, which road). which in this case doesn't matter as you already sure of buying in that location.

what you are refering to is site layout, precinct plan and land form and orientation.

very difficult to say from just the site plan. btw your plot size is indeed 18x60 for typical intermediate, it is a small DST (my estimate, probably 18x30 base floor area for the house with about 30 ft porch) and affordable type.

fyi, i normally concerned if a house is next to a road (even auxiliary), what kind of traffic you expecting, is there a perimeter fence. next to shop lot across the road, what kind of business may open there, will there be a lot of people parking their car in front your house to walk to the shoplot, your lot 127 the side of the house is facing west? will it be very hot? how about land form, is there slope, if so how is the slope (if water can flow into your front porch for eg...) so there are many factor.

if u ask me to choose and got choices, i would prefer lot 114, 82, 51 around there. but your lot 127 is larger.

but congrats to change your name to corner lot, i think should be worth it. the typical int terrace is 18x60, house and plot is rather small, now at least you have extra 20 ft width land at the side , so overall i think you won't regret your choice to upgrade from inter to corner.

This post has been edited by corleone74: May 8 2018, 01:01 PM

Thanks. Very useful. I read them all. Thanks for your advise Good day ahead and remember to vote

After election, as said, i have just placed booking fee. Should i still proceed or there will be a big drop in price in property?