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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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BEANCOUNTER
post Feb 4 2019, 01:01 PM

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QUOTE(indramerlin @ Feb 4 2019, 12:38 PM)
SA told me they are really surprise to see a lot of people interested in this project especially 2room unit. Can start pre-book already.
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one sifu told me....never buy anything in the middle.....
for example....btw 1bed 2bed n 3bed......when your property is in the middle, people tend to compare up and down and ended up either choose the lesser or more....


BUT to my surprise, 2bedders actually more in demand than 3bed or 1bed these days.....don't know if this is a temporarily trend or sifu was damned wrong....

what do you guys think????
wlctravis721
post Feb 4 2019, 04:19 PM

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QUOTE(BEANCOUNTER @ Feb 4 2019, 01:01 PM)
one sifu told me....never buy anything in the middle.....
for example....btw 1bed 2bed n 3bed......when your property is in the middle, people tend to compare up and down and ended up either choose the lesser or more....
BUT to my surprise, 2bedders actually more in demand than 3bed or 1bed these days.....don't know if this is a temporarily trend or sifu was damned wrong....

what do you guys think????
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I think the biggest factor is affordability. It is not that they don't like 3 bedders, the question is whether bank is willing to approve their loan. 2 bedders can at least meet a small family (1 or 2 child) requirements given their financial situation. Nowadays properties are not cheap and bank is extremely difficult to approve loan.
nexona88
post Feb 4 2019, 04:22 PM

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QUOTE(wlctravis721 @ Feb 4 2019, 04:19 PM)
I think the biggest factor is affordability. It is not that they don't like 3 bedders, the question is whether bank is willing to approve their loan. 2 bedders can at least meet a small family (1 or 2 child) requirements given their financial situation. Nowadays properties are not cheap and bank is extremely difficult to approve loan.
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agreed..
nowadays banks very strict in loans approvals...
BEANCOUNTER
post Feb 4 2019, 07:10 PM

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QUOTE(wlctravis721 @ Feb 4 2019, 04:19 PM)
I think the biggest factor is affordability. It is not that they don't like 3 bedders, the question is whether bank is willing to approve their loan. 2 bedders can at least meet a small family (1 or 2 child) requirements given their financial situation. Nowadays properties are not cheap and bank is extremely difficult to approve loan.
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Make sense
Bjorn1688
post Feb 8 2019, 03:27 AM

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QUOTE(BEANCOUNTER @ Feb 4 2019, 01:01 PM)
one sifu told me....never buy anything in the middle.....
for example....btw 1bed 2bed n 3bed......when your property is in the middle, people tend to compare up and down and ended up either choose the lesser or more....
BUT to my surprise, 2bedders actually more in demand than 3bed or 1bed these days.....don't know if this is a temporarily trend or sifu was damned wrong....

what do you guys think????
*
One of the biggest issue these days is affordability, many people as you say want to tell others they live in "Damansara" and with the way properties in "Damansara" are priced many will have little choice but to settle for a 2 room rather than 3 room place. 1 room places are generally bought by investors.

From experience, it depends a lot on the development and location.

KLCC, Bangsar and KL Sentral, 1Br generally sells better than 2Br especially where the 1Br has a bigger room than the 2Br units. 2Br units generally do better than 1Br units in MK and most slightly more premium locations.

Personally I don't buy 1Br units as they tend to be difficult to sell on as there isn't a big market for them outside of landlords wanting one in their portfolio.

2Br especially if it is a 2+1 unit tend to have a better following and easier to sell on as it can be a starter family home as it will work even if you have 2 kids. It also can be bought for rental income depending on the area. Personally I prefer to buy the largest 2 or 2+1 unit the project has on offer.

3Br, these will always be the most popular among subsale buyers. Prices will hold but rental yields won't be as good as a 2br unit. I usually look for something in the middle and ideally a 3+1 unit. However an interesting anomaly is in places such as Bangsar and MK as well as all more premium addresses, a 4br unit will rent for far better money than a 3Br unit but this is not replicated in more middle class areas. Usually in more premium addresses the largest and smallest units would be the first to go. Largest units go fast because there are usually only 1 unit per floor or sometimes 1 unit every other floor.

Anyway these days the property market is no longer what it was just 3 years ago. Buying trends have changed a lot so what was correct as little as 6 months ago isn't correct today.
BEANCOUNTER
post Feb 8 2019, 09:25 AM

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Bjorn, thanks for your explanation. it does make sense.

but property is not 'today' or 'tomorrow' game.....and many vested parties fell into the trap of 'what sells well today' and they will rush in to buy and then kena kau kau few years down the road.

to me, affordability is never an issue because for every budget, there is fansi. of course location does matter. you don't go out and buy the bestest and most expensive dwelling in a mid to low class income area.

Bjorn1688
post Feb 8 2019, 03:45 PM

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QUOTE(BEANCOUNTER @ Feb 8 2019, 09:25 AM)

but property is not 'today' or 'tomorrow' game.....and many vested parties fell into the trap of 'what sells well today' and they will rush in to buy and then kena kau kau few years down the road.
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Like Scott Garden?

QUOTE(BEANCOUNTER @ Feb 8 2019, 09:25 AM)
to me, affordability is never an issue because for every budget, there is fansi. of course location does matter. you don't go out and buy the bestest and most expensive dwelling in a mid to low class income area.
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Haha I presume you weren't among the pioneering buyers of Bangsar South, MK or Desa Parkcity then?
BEANCOUNTER
post Feb 8 2019, 10:12 PM

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never liked MK....

DPC nearly cheong….but bola kecut bcos of the maintenance fee,,,

You guessed it right on the other.
indramerlin
post Feb 10 2019, 01:17 PM

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QUOTE(Bjorn1688 @ Feb 8 2019, 03:45 PM)
Like Scott Garden?
Haha I presume you weren't among the pioneering buyers of Bangsar South, MK or Desa Parkcity then?
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No more bangsar South.. Kampong Kerinchi now..
BEANCOUNTER
post Feb 10 2019, 01:21 PM

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who said no more Bangsar south?

pls don't mislead people here....

get your fact rite b4 comment please...…...
Bjorn1688
post Feb 10 2019, 07:51 PM

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QUOTE(BEANCOUNTER @ Feb 8 2019, 10:12 PM)
never liked MK....

DPC nearly cheong….but bola kecut bcos of the maintenance fee,,,

You guessed it right on the other.
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The only time I had interest in DPC was when they were launching Nadia. Unfortunately loan couldn't go through as I was a co-buyer of 4 condos in Bangsar that far exceeded my ability to pay.

Ever since then all subsequent launches were too expensive for that it was and never bothered.
Inther
post Feb 10 2019, 08:14 PM

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BEANCOUNTER
post Feb 10 2019, 09:20 PM

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We cant buy everything....
And there are so many piggy banks that i can break only
z21j
post Feb 10 2019, 11:39 PM

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QUOTE(BEANCOUNTER @ Feb 10 2019, 01:21 PM)
who said no more Bangsar south?

pls don't mislead people here....

get your fact rite b4 comment please...…...
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I think indramerlin meant bangsar south is now renamed as kg kerinci.
z21j
post Feb 10 2019, 11:40 PM

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QUOTE(Bjorn1688 @ Feb 10 2019, 07:51 PM)
The only time I had interest in DPC was when they were launching Nadia. Unfortunately loan couldn't go through as I was a co-buyer of 4 condos in Bangsar that far exceeded my ability to pay.

Ever since then all subsequent launches were too expensive for that it was and never bothered.
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You missed the golden opportunity back then.
Bjorn1688
post Feb 11 2019, 12:28 AM

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QUOTE(z21j @ Feb 10 2019, 11:40 PM)
You missed the golden opportunity back then.
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As they say hindsight is always 20/20
Bjorn1688
post Feb 11 2019, 12:36 AM

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QUOTE(BEANCOUNTER @ Feb 10 2019, 09:20 PM)
We cant buy everything....
And there are so many piggy banks that i can break only
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Indeed.

In any case I'm not big into buying properties too far away from where I currently live. Too damn much a hassle to manage them. If I cannot get there in 30 minutes from my house then it isn't happening.
BEANCOUNTER
post Feb 11 2019, 09:05 AM

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Z21j

I knew what indra referred to and its irresponsible to said bangsar south no more which is incorrect

Dbkl reintroduced and revised the name kg kerinchi back to formal glory again but it doesnt proposed to take away anything

Uoa bangsar south still stay just that their address will have both bangsar south and kg kerinchi beside KUL in their addresses.
deadravel
post Feb 11 2019, 12:41 PM

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QUOTE(indramerlin @ Feb 4 2019, 12:38 PM)
SA told me they are really surprise to see a lot of people interested in this project especially 2room unit. Can start pre-book already.
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book with who wor? pmpm mari tepi
i heard nth is approved yet wat. whistling.gif
indramerlin
post Feb 11 2019, 05:55 PM

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QUOTE(deadravel @ Feb 11 2019, 12:41 PM)
book with who wor? pmpm mari tepi
i heard nth is approved yet wat.  whistling.gif
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Pre-book only.. not choose unit yet

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