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 Which project worth investing now?, BBB

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icemanfx
post Dec 17 2022, 06:07 PM

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QUOTE(mini orchard @ Dec 17 2022, 05:53 PM)
Metropolitan areas all over the world have high density construction and not just KL. What so surprising when land is limited ?
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Redevelopment is a option. For reasons why metropolitan cities like Shanghai, Beijing, London, NYC, etc never run out of new supply.

High density in kl because dbkl permit (high plot ratio) and profitable to developer.

mini orchard
post Dec 17 2022, 06:09 PM

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QUOTE(icemanfx @ Dec 17 2022, 06:07 PM)
Redevelopment is a option. For reasons why metropolitan cities like Shanghai, Beijing, London, NYC, etc never run out of new supply.

High density in kl because dbkl permit (high plot ratio) and profitable to developer.
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Redevelopment is limited and also not an option in kl unless it sits on govt land.

On the assumption that a redevelopment gets the nod, it will also be another high density, .... no ?

This post has been edited by mini orchard: Dec 17 2022, 06:19 PM
icemanfx
post Dec 17 2022, 06:22 PM

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QUOTE(mini orchard @ Dec 17 2022, 06:09 PM)
Redevelopment is limited and also not an option in kl unless it sits on govt land.
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Bbcc, TRX, kl sentral, PNB 118, klcc, Unilever bangsar, Bandar Malaysia, trion, etc are all redevelopment.

mini orchard
post Dec 17 2022, 06:26 PM

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QUOTE(icemanfx @ Dec 17 2022, 06:22 PM)
Bbcc, TRX, kl sentral, PNB 118, klcc, Unilever bangsar, Bandar Malaysia, trion, etc are all redevelopment.
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And low dense ...?
Cavatzu
post Dec 17 2022, 07:37 PM

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QUOTE(icemanfx @ Dec 17 2022, 06:22 PM)
Bbcc, TRX, kl sentral, PNB 118, klcc, Unilever bangsar, Bandar Malaysia, trion, etc are all redevelopment.
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The current Section 13 sites in PJ are all redevelopment of former factory/industrial sites. That’s the current most common form of redevelopment.

I think only Bangsar Hill Park involves the redevelopment of an actual old apartment block. More will start to happen with 50+ year old buildings. Singapore has already started to go through this process.
Ch0wCh0w
post Dec 18 2022, 03:02 AM

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QUOTE(Cavatzu @ Dec 17 2022, 03:02 PM)
I think it’s because Selangor approvals process seems stricter than KL. You don’t see the 50+ storey projects as common in Selangor as in KL. Density guidelines seem to be more conservative as well.
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Yea that makes sense. That means they have less commercial projects too right? That would seem safe but is it a good investment though
Cavatzu
post Dec 18 2022, 04:54 AM

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QUOTE(Ch0wCh0w @ Dec 18 2022, 03:02 AM)
Yea that makes sense. That means they have less commercial projects too right? That would seem safe but is it a good investment though
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Depends. I mean PJ stuff for example hold their value very well even though they are old. There is a healthy subsale market as there’s limited new choice in established areas. But you see peak and trough pricing in high rises like those near a failing mall. All the Section 13 stuff is commercial.

The only new area they are trying to make happen is the Central Park Damansara area all the way up to Sungsi Buloh.
Ch0wCh0w
post Dec 19 2022, 09:08 PM

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QUOTE(Cavatzu @ Dec 18 2022, 04:54 AM)
Depends. I mean PJ stuff for example hold their value very well even though they are old. There is a healthy subsale market as there’s limited new choice in established areas. But you see peak and trough pricing in high rises like those near a failing mall. All the Section 13 stuff is commercial.

The only new area they are trying to make happen is the Central Park Damansara area all the way up to Sungsi Buloh.
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Atwater and Ryan&Miho will allow us to study and research on the Selangor market in PJ. Should be going up in theory since it's so close to Jaya One.

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