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 Desa Parkcity or Elmina Green, Help me decide

Which 1 will appreciate in value the most in 5 yrs time?
 
Desa ParkCity South Brooks 800++Sqft [ 30 ] ** [53.57%]
Emina Green 2000++Sqft [ 26 ] ** [46.43%]
Total Votes: 56
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bigman
post Apr 20 2022, 07:58 PM

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QUOTE(BigMan123 @ Apr 20 2022, 07:54 PM)
Unless you work around there, once you shift in you will regret. Getting a grab is difficult and expensive to begin with
*
When everything amenities ready… you won’t get landed property with 600k….
dxlethal86
post Apr 20 2022, 08:55 PM

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I've seen both properties and here's my take:
1. Elmina will take some time to appreciate since the commercials are not ready (Temu is just a small few rows of shoplots).
2. Elmina is building a mall there, but it's just doing some ground works at the moment. Hence, it most likely will not be ready until next 4-5 years. Generally, it takes awhile for a township to "mature". Look at Desa Park, it took them close to 10 years to really get going.
3. Disclaimer here, I owned South Brooks and it has already appreciated about 20% since I last bought it (paper gain only and looking at prices in iProperties).
4. I do think South Brooks will reach about ~RM900psf for the smallest unit, so there's definitely some room for appreciation although it's not much.
5. Based on your timeline, in 5 years, I think it's going to be South Brooks, but if you stretch the timeline a little further to 7 years, I'll bet my money on Elmina.
6. Besides looking at capital appreciation, maybe can consider to look at rental demand. South Brooks fetches better rental hands down.
7. I appreciate my time, so even if Elmina appreciates more in the long(er) term, I will still pick South Brooks. Depending on your salary, if you spend 1 hour more on the road - means you are losing X amount of RM. If they connect the Dash highway to Elmina, then maybe it's a different story - but they have been selling that story for several years now and still no progress.
TSisMEheNG
post Apr 21 2022, 08:48 AM

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Thanks all you guys for sharing your thoughts
erwinlee
post Apr 21 2022, 09:07 AM

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Desa ParkCity South Brooks still got new units available ?
cwt2878
post Apr 21 2022, 09:28 AM

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If daily work commute is acceptable, go for landed with bigger space and calmer environment.
IefGnow
post Jun 10 2022, 10:11 PM

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Also have to think about old age. If you buy I presume you will stay until old, right? So where do you want to retire at? Which place is better for retired couple and convenient for your kids/grandkids to visit you? Don’t forget that once you reach > 70 yrs driving long distance may be challenging, so it’s not just how peaceful and beautiful a place is but also convenience.

 

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