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 Prime Location Landed or Outskirt Landed 2022, old topic,but after covid, thing change

What would you choose if you have the budget of 1 million loan and cash in hand?
 
i am 20~30 year old, choose Prime landed [ 11 ] ** [9.82%]
i am 30~40 year old, choose Prime landed [ 32 ] ** [28.57%]
i am 40~50 year old, choose Prime landed [ 6 ] ** [5.36%]
i over 50 year old, choose Prime landed [ 1 ] ** [0.89%]
i am 20~30 year old, choose Outskirt landed [ 11 ] ** [9.82%]
i am 30~40 year old, choose Outskirt landed [ 27 ] ** [24.11%]
i am 40~50 year old, choose Outskirt landed [ 6 ] ** [5.36%]
i over 50 year old, choose Outskirt landed [ 2 ] ** [1.79%]
i done buying property, just want to see vote result [ 16 ] ** [14.29%]
Total Votes: 112
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TSwoolei
post Jul 2 2022, 12:38 AM, updated 4y ago

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Below is the defination:
1) Prime Location OLD Double Story Landed Eg:OUG,Sri Petaling,Taman Desa,Kuchai Lama, Happy Garden, Kinrara, Bukit Jalil,bangsar, ss21, ss22, bu, ss19, Taman tun, Sri hartamas, etc (Individual Title & no GnG & no facility, but mature area, center of everywhere)

2) Outskirt Location NEW Double Story Landed Eg: Rimbayu, Semenyik,Bangi, Rawang, Gamuda Cove, Cyberjaya,Sepang (strata title, GnG, facility, new and biggest size, but might not have everything in the town yet)

this poll is focus about your honest feedback, dont need to give advice like "if you working near to KL, then you should consider prime location blah blah to save ur time on traffic blah blah", just vote and feel free to share with us what your preference.

what i interest to know is after pendamic, where most company already practice for WFH policy, everything we can get it from shopee/lazada/grab food/panda food, did people still prefer to stay in city center, or they moving to outskirt for peaceful life now?

This post has been edited by woolei: Jul 4 2022, 10:58 AM
SUSRaptor2022
post Jul 2 2022, 08:40 AM

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you 1st day keluar gua? you dont see the everyone back to office mana ada WFH anymore?

u dont see those pest community in kk/rimbayu/257/ta/es jam up all the roads everday?
Zenith5229
post Jul 2 2022, 09:51 AM

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I vote for outskirt landed , but this is only because my work location is on the outskirts so i am biased .

In a sense its kind of a win win for me personally , no need to live in a condo and no need to endure traffic jams .
mroys@lyn
post Jul 2 2022, 10:58 AM

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i don't think you can buy prime landed with 1mil loan amount, you could end up insufficient cash to pay down payment, stamp duty, legal fees and other costs which could be more than 160k
Aldo-Kirosu
post Jul 2 2022, 01:46 PM

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i chosen for outskirt landed. Because i am still believing at developing & jump tier property. 10year not change, 20year will do, 35 year instalments everything's changed. KL condo benefits the most. Government will continue developing the public transport connection instead of improvement the road / highway. In my opinion, prime area landed is the victims of mushrooming of condo at prime area, most affected is traffic & privacy aspect. (see at cheras & old klang road.)
nexona88
post Jul 2 2022, 02:46 PM

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Outskirts location...

Because later on...
There's possible the office moving outward...
And hybrid concepts....


icemanfx
post Jul 2 2022, 05:52 PM

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Where is bangsar, ss21, ss22, bu, ss19, Taman tun, Sri hartamas, etc?

This post has been edited by icemanfx: Jul 2 2022, 05:53 PM
fiishy
post Jul 3 2022, 07:16 AM

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it depends how and which area is your prime / outskirt assumtion. most important i think is the location must have good and multiple access.
TSwoolei
post Jul 6 2022, 01:33 AM

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QUOTE(mroys@lyn @ Jul 2 2022, 10:58 AM)
i don't think you can buy prime landed with 1mil loan amount, you could end up insufficient cash to pay down payment, stamp duty, legal fees and other costs which could be more than 160k
*
why assumption again... let assume u got 500k cash + 1 million loan amount.
with the same price, u going to choose prime area landed old house or ulu area landed new house?


TSwoolei
post Jul 6 2022, 01:42 AM

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QUOTE(fiishy @ Jul 3 2022, 07:16 AM)
it depends how and which area is your prime / outskirt assumtion. most important i think is the location must have good and multiple access.
*
let say Rimbayu double story (20x90) vs PJ single story old old landed (20x60), both also 700k
and you working in damansara uptown, pj took 10min to ur workspace, rimbayu took 35-45min
PAChamp
post Jul 6 2022, 10:00 AM

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QUOTE(woolei @ Jul 6 2022, 01:42 AM)
let say Rimbayu double story (20x90) vs PJ single story old old landed (20x60), both also 700k
and you working in damansara uptown, pj took 10min to ur workspace, rimbayu took 35-45min
*
If Rimbayu new, you wont need so much cash. maybe 3 to 5% if developer absorb stamp duty. Your renovation also can be minimum say 50k. So that will cost you upfront 35k and upon VP 50k. For PJ single storey you need 126k upfront and about minimum 100k renovation within 3 to 4 months, higher if you want to do up nicely. so cash upfront 226k. So it really depends on your situation, if you need the property fast and have the cash and love the convenience, PJ it is. But you got not so much cash, can wait for vp 2 years to save up the reno and can bear with the inconvenience, go outskirts.
Babizz
post Jul 6 2022, 10:44 AM

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QUOTE(PAChamp @ Jul 5 2022, 08:00 PM)
If Rimbayu new, you wont need so much cash. maybe 3 to 5% if developer absorb stamp duty. Your renovation also can be minimum say 50k. So that will cost you upfront 35k and upon VP 50k. For PJ single storey you need 126k upfront and about minimum 100k renovation within 3 to 4 months, higher if you want to do up nicely. so cash upfront 226k. So it really depends on your situation, if you need the property fast and have the cash and love the convenience, PJ it is. But you got not so much cash, can wait for vp 2 years to save up the reno and can bear with the inconvenience, go outskirts.
*
My main issue with PJ or anywhere old landed if it's not proper fng or gng I won't consider at all.

This post has been edited by Babizz: Jul 6 2022, 10:44 AM
Ichighost
post Jul 6 2022, 11:15 AM

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depend on your cash in hand and affordability..

if you able to afford the subsale, reno then prime area landed..but if you are the type of person that do this most probably you wont like strata gng anyway. for me strata gng is the only real nice gng..if individual title gng..most of it will have problem with maintainance..

if not, then outskirt landed. low entry cost.

gng either individual or strata is a totally different conversation compared to location. gng is considered as 'new', so of course mostly available at the outskirt area/new development..

This post has been edited by Ichighost: Jul 6 2022, 11:16 AM
magicforumer
post Jul 6 2022, 04:34 PM

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If 15 years old property still can consider la. But if 30 years old property, have to consider renovating ceiling, old metal gate sliders, old tiles, sheet glass windows etc.

Choosing outskirts gives you more quiet & greenery with cheaper house price (affordability) but have to carefully select areas with potential flooding/potential pollution (such as ex-mining land, dumping site, recycling factories etc), and also soil stability aka problematic soil for construction such as peat swamp/soft clay soil.

For city prime area with green parks, the cost is way higher.
But if just staying at congested prime area saturated with condos and jams, mostly choose so because of convenience.

If choose prime landed, higher property appreciation is more realizable. Example nearby TTDI increased in value by rm500k & more within 15years.
SUSRaptor2022
post Jul 6 2022, 04:34 PM

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QUOTE(woolei @ Jul 6 2022, 01:42 AM)
let say Rimbayu double story (20x90) vs PJ single story old old landed (20x60), both also 700k
and you working in damansara uptown, pj took 10min to ur workspace, rimbayu took 35-45min
*
ulu TPG to PJ uptown 35~45? hahhaaha x2 la!
genesis87
post Jul 7 2022, 07:54 AM

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Voted for prime landed! I think convenience to the ‘action’ is still important for me. Sure, traffic can be mad (most places are anyway) but at least I won’t need to drive 40km or more per trip just because friends are meeting up at pavilion or something.
autodriver
post Jul 7 2022, 08:48 AM

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Prime area is always the first priority to most people and most jobs due to nearer to work and convenient to access to restaurants, grocer, shopping malls etc. But thing changed after covid since more and more people used to work from home and some companies or works are now become WFH permanently. In this case staying outskirt is not a problem because no issue for traffic. Not convenient to go to malls? We can buy almost everything online same item as shopping mall retail sales while cheaper price.

Btw most of the time young people are only afford for apartment or condo in prime location rather than landed. Imagine a doubel storey house in Kepong at least 700k and 20 years old house. Downpayment plus all miscellaneous fees cost at least 100k. Repair, minor renovation, electrical items and furniture will cost another 100k and total billed to move in gonna beyond 200k meanwhile still baring 660k mortage loan in 35 years. How many young family afford to pay 200k upfront for prime area landed property then?

autodriver
post Jul 7 2022, 09:26 AM

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Why people choose to stay in prime area? Convenient for commuting is the biggest reason of it. People are tired of spending hours to drive to work and back from office. This issue gonna be settled in 15 - 20 years time when automonous driving is mature. Some may doubt is it possible to reach to us within 20 years time. Yes, it is highly possible reach to us within 20 years. It is getting more common for level 2 automous and while in level 4 basically consider fully automation. We just pick the location and the car will drive automatically, we can rest or sleep inside the car. Plus charging the autonomous EV car is favour to have landed house rather than condo. My own assumption 20 years later majority of high rise building may drop lower than the purchase price.
mag9
post Jul 7 2022, 10:07 AM

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Outskirt today, prime location tomorrow
TSwoolei
post Jul 7 2022, 03:10 PM

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QUOTE(Raptor2022 @ Jul 6 2022, 04:34 PM)
ulu TPG to PJ uptown 35~45? hahhaaha x2 la!
*
the travel time quote from google map lol
but agree with you, for real case, Rimbayu to Uptown might cost 1hr++

not to mention the Mex highway, cyberjaya to KLCC in the morning took almost 1hr-2hr.... jam everyday except weekend...



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