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Investment Alternative to Desa ParkCity

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TSjasonkl07 P
post Jan 10 2023, 11:33 AM, updated 3y ago

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Just wondering if there are any new upcoming or existing developments similar to DPC? Any info would be greatly appreciated.
loyiwei
post Jan 10 2023, 11:42 AM

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QUOTE(jasonkl07 @ Jan 10 2023, 11:33 AM)
Just wondering if there are any new upcoming or existing developments similar to DPC? Any info would be greatly appreciated.
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As for as I know, dun have alternative in klang valley.

For the environment, amenities, park, we can find a lot of imitators. the difference is DPC started by selling at a premium and make it pet friendly to attract the particular crowd to build the community. The imitator started by selling cheap to attract the wannabes. Location wise, the wannabes cannot beat DPC.

P/S: Kenny hill and Damansara height is another level.
loyiwei
post Jan 10 2023, 11:46 AM

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QUOTE(jasonkl07 @ Jan 10 2023, 11:33 AM)
Just wondering if there are any new upcoming or existing developments similar to DPC? Any info would be greatly appreciated.
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If really want to bet, the highest chance is KL metropolis. but dun quote me, noone has the crystal ball.
Cavatzu
post Jan 10 2023, 12:01 PM

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There’s only so many rich and atas people in KL. The developers can try whether it’s Sungai Buloh or Cheras etc. It’s not going to happen.

There is no large tract of land left in KL in a central location that is adjacent to old affluent neighbourhoods that I can think of.

You might see pocket developments here and there but if the postcode is wrong then it’s not going be an atas place.
loyiwei
post Jan 10 2023, 12:03 PM

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QUOTE(Cavatzu @ Jan 10 2023, 12:01 PM)
There’s only so many rich and atas people in KL. The developers can try whether it’s Sungai Buloh or Cheras etc. It’s not going to happen.

There is no large tract of land left in KL in a central location that is adjacent to old affluent neighbourhoods that I can think of.

You might see pocket developments here and there but if the postcode is wrong then it’s not going be an atas place.
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KL metropolis?
Cavatzu
post Jan 10 2023, 12:11 PM

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QUOTE(loyiwei @ Jan 10 2023, 12:03 PM)
KL metropolis?
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Yes the location fits the bill but isn’t it primarily commercial and high rise with a lot of business elements thrown in?

DPC stands out because it is explicitly residential and the commercial elements are there to suit the lifestyle needs of the residents. Not the other way round. That’s the true definition of atas.


ManutdGiggs
post Jan 10 2023, 12:53 PM

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I can honestly say as of now even ppsb is not able to dupe another dpc😁
Cavatzu
post Jan 10 2023, 02:52 PM

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They have a chance in Section 13 PJ but the master plan is once again too disparate, slow and commercial. If they create a residential master plan focused on lifestyle, the affluent locals will go for it.
DragonReine
post Jan 10 2023, 04:50 PM

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DPC had all the elements right to make it what it is now:

1) High price (already only attracts a certain clientele)
2) Location (close but not too close to major commercial hubs)
3) "Humans first" concept that prioritize residential comfort over commercial space, even if it's not as profitable short term
4) Marketing and management that emphasize community building and civic-conscious behavior to maintain that "elite" mindset.

Other imitators missing at least one of the above. The closest is probably EcoWorld's township developments, but already "fail" for location compared to DPC
kenyang_is_full
post Jan 10 2023, 04:54 PM

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they say gamuda gardens. i laffed
wilson1149
post Jan 10 2023, 05:08 PM

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QUOTE(kenyang_is_full @ Jan 10 2023, 04:54 PM)
they say gamuda gardens. i laffed
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All "shan ka la" location.

Good for uncle auntie retirement.


ye0073
post Jan 10 2023, 05:19 PM

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But now DPC also getting becomes high density with the new two apartments project - Noora, and Park Regent. No good.

This post has been edited by ye0073: Jan 10 2023, 05:19 PM
urbanite
post Jan 10 2023, 05:26 PM

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QUOTE(ye0073 @ Jan 10 2023, 05:19 PM)
But now DPC also getting becomes high density with the new two apartments project - Noora, and Park Regent. No good.
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High density comes with better and more amenities
Propsense
post Jan 10 2023, 05:31 PM

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Personally feel that Lake City and Tropicana Metropark will be something close to Desa Park City, but hard to compare as Desa Park City is irreplaceable. Lake City will incorporate some concept of Desa Park City as it's jointly developed with Desa Park City developer.
cablesguy
post Jan 10 2023, 05:43 PM

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QUOTE(ye0073 @ Jan 10 2023, 05:19 PM)
But now DPC also getting becomes high density with the new two apartments project - Noora, and Park Regent. No good.
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You very high keras, Park Regent also say no good
sknee
post Jan 10 2023, 05:44 PM

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How bout Pantai sentral park ? Although now macam not moving la
Ichighost
post Jan 10 2023, 05:50 PM

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on the same scale, no other project will be like DPC at least with the same type of location.

you can find almost similar development around KL outer rings..but will never be the same due to location.
Cavatzu
post Jan 10 2023, 06:35 PM

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QUOTE(sknee @ Jan 10 2023, 05:44 PM)
How bout Pantai sentral park ? Although now macam not moving la
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You need to get rid of all the low cost housing there and have one developer set the tone of the development otherwise it’s just like any other boutique project.

DPC’s singular biggest success was marketing the pet friendliness. That in turn got all the expats. Even the bank branches there allow dogs to go inside.

Pantai is on Malay land so this won’t happen.

Unfortunately in our country you need visible presence of people with lighter hair and high bridged noses to be seen as an atas area. So no dogs is no go.

This post has been edited by Cavatzu: Jan 10 2023, 06:41 PM
hihihehe
post Jan 10 2023, 06:47 PM

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QUOTE(Ichighost @ Jan 10 2023, 05:50 PM)
on the same scale, no other project will be like DPC at least with the same type of location.

you can find almost similar development around KL outer rings..but will never be the same due to location.
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IINM, location for DPC also not that great when it first developed right?
Onetwothreeeee
post Jan 10 2023, 07:11 PM

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QUOTE(hihihehe @ Jan 10 2023, 06:47 PM)
IINM, location for DPC also not that great when it first developed right?
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It's in Kepong, next to ldp, not that good?

The nearby Menjalara and bukit Maluri are old neighbourhood.
It's already surrounded by plenty of population when it first started.

Onetwothreeeee
post Jan 10 2023, 07:17 PM

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QUOTE(Cavatzu @ Jan 10 2023, 06:35 PM)
You need to get rid of all the low cost housing there and have one developer set the tone of the development otherwise it’s just like any other boutique project.

DPC’s singular biggest success was marketing the pet friendliness. That in turn got all the expats. Even the bank branches there allow dogs to go inside.

Pantai is on Malay land so this won’t happen.

Unfortunately in our country you need visible presence of people with lighter hair and high bridged noses to be seen as an atas area. So no dogs is no go.
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There are expats in dpc but still not as much compared to MK.
Even though recent years can see more angmo around. their commercial offerings are still mostly cater for locals, especially for kepong cina


Cavatzu
post Jan 10 2023, 07:41 PM

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QUOTE(Onetwothreeeee @ Jan 10 2023, 07:17 PM)
There are expats in dpc but still not as much compared to MK.
Even though recent years can see more angmo around. their commercial offerings are still mostly cater for locals, especially for kepong cina
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I used to work in those circles. And DPC was seen as the more family friendly alternative for long term expats usually those with Malaysian spouses or retirement reasons. MK is seen as somewhere more short term and for those on the hustle. Regardless they both command higher rentals than most of KV for the same psf which makes these areas the superior investment choice besides central KL. Don’t forget beyond the expats, you get the clingers on and SPGs.

This post has been edited by Cavatzu: Jan 10 2023, 07:45 PM
loyiwei
post Jan 11 2023, 09:51 AM

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one thing i learned from this thread is that a successful township got to attract "atas" people with the factor below:

1. Location: close to where the atas people currently live.
2. Community: their community got to be equally atas, hence the price cannot be too low.
3. Vibe: All atas people live the same lifestyle ard the world, cafe, park, good walking experience to amenities and convenient for dog.
4. Masterplanner that can think long term: control the supply and give the right supply to atas people
Ckmwpy0370
post Jan 11 2023, 10:01 AM

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DPC township still under DPC management control and monitoring
are DPC management gonna hand over to DBKL?
Ichighost
post Jan 11 2023, 10:18 AM

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QUOTE(hihihehe @ Jan 10 2023, 07:47 PM)
IINM, location for DPC also not that great when it first developed right?
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it is closer to KL compared to other big townships.

most of new and big township located around the KL outer ring road.

QUOTE
user posted image

qwerty223
post Jan 11 2023, 10:49 AM

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not replaceable because of location. KL will not have another piece of virgin land, on top of hill and less than 10km from city center. Its just fit your current taste does not mean it is the best. Ampang was the best if you take the time back 35 years ago. And MK people will also say DPC is wannabe.

Its not like eco world not capable of designing township considered that their ceo pioneered the concept and dpc is in fact his imitator.
Cavatzu
post Jan 11 2023, 10:57 AM

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QUOTE(loyiwei @ Jan 11 2023, 09:51 AM)
one thing i learned from this thread is that a successful township got to attract "atas" people with the factor below:

1. Location: close to where the atas people currently live.
2. Community: their community got to be equally atas, hence the price cannot be too low.
3. Vibe: All atas people live the same lifestyle ard the world, cafe, park, good walking experience to amenities and convenient for dog.
4. Masterplanner that can think long term: control the supply and give the right supply to atas people
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Successful doesn’t necessarily mean the township is atas. There’s plenty of townships like Setia Alam or Seri Kembangan that do have wealthy people living in them and appreciate the lifestyle. They just won’t be held in the same regard as DPC.
Ckmwpy0370
post Jan 11 2023, 11:02 AM

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QUOTE(Onetwothreeeee @ Jan 10 2023, 07:11 PM)
It's in Kepong, next to ldp, not that good?

The nearby Menjalara and bukit Maluri are old neighbourhood.
It's already surrounded by plenty of population when it first started.
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also nearby Taman Sri Sinar or Sri Bintang biggrin.gif
loyiwei
post Jan 11 2023, 11:04 AM

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QUOTE(Cavatzu @ Jan 11 2023, 10:57 AM)
Successful doesn’t necessarily mean the township is atas. There’s plenty of townships like Setia Alam or Seri Kembangan that do have wealthy people living in them and appreciate the lifestyle. They just won’t be held in the same regard as DPC.
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But if from the context of an investor that need reasonable yield while waiting for capital appreciation, we need a mixture of expat and local in the township. Correct?

If that is correct, not many choices.
Cavatzu
post Jan 11 2023, 11:11 AM

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QUOTE(loyiwei @ Jan 11 2023, 11:04 AM)
But if from the context of an investor that need reasonable yield while waiting for capital appreciation, we need a mixture of expat and local in the township. Correct?

If that is correct, not many choices.
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Yea ideally there is high demand for the space from both expats and local workers driving prices up. A place like Bangsar South does very well mainly because of its proximity to all the MNCs and I wouldn’t exactly call it atas but it’s convenient, central and a place for commerce.

Many ways to skin a cat. But the mistake people have been making is thinking a project is all that just because it’s next to a mrt.
loyiwei
post Jan 11 2023, 12:31 PM

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QUOTE(Cavatzu @ Jan 11 2023, 11:11 AM)
Yea ideally there is high demand for the space from both expats and local workers driving prices up. A place like Bangsar South does very well mainly because of its proximity to all the MNCs and I wouldn’t exactly call it atas but it’s convenient, central and a place for commerce.

Many ways to skin a cat. But the mistake people have been making is thinking a project is all that just because it’s next to a mrt.
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I am thinking own stay need is the factor that more significant at driving capital up. Bangsar south is a convenience place to go to work but may not be a place to call home. So, i am looking for a place where expat like to rent and local like to setup home.
jojolicia
post Jan 11 2023, 12:49 PM

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QUOTE(Cavatzu @ Jan 10 2023, 06:35 PM)
You need to get rid of all the low cost housing there and have one developer set the tone of the development otherwise it’s just like any other boutique project.

DPC’s singular biggest success was marketing the pet friendliness. That in turn got all the expats. Even the bank branches there allow dogs to go inside.

Pantai is on Malay land so this won’t happen.

Unfortunately in our country you need visible presence of people with lighter hair and high bridged noses to be seen as an atas area. So no dogs is no go.
*
Haha not many were convinced of bukit bukit landfill dump and garbage trucks
Cavatzu
post Jan 11 2023, 12:59 PM

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QUOTE(loyiwei @ Jan 11 2023, 12:31 PM)
I am thinking own stay need is the factor that more significant at driving capital up. Bangsar south is a convenience place to go to work but may not be a place to call home. So, i am looking for a place where expat like to rent and local like to setup home.
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The rent has to be powderful nowadays to get good capital appreciation. DPC South Brooks which recently vp is a very potent example with almost 50% capital appreciation - a 650 psf launch price that can command the rent of a 950 psf property. Not many other projects in recent history could accomplish this if they didn’t instead lose money.

Maybe look at the Noora project then though it’s already touching the soft cap of 1k psf for high rise. Not easy to appreciate much more.

I would say “desired by many” to be more general as it could be lifestyle, convenience or any permutation of those factors.

This post has been edited by Cavatzu: Jan 11 2023, 01:15 PM
Ckmwpy0370
post Jan 11 2023, 01:50 PM

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QUOTE(loyiwei @ Jan 11 2023, 12:31 PM)
I am thinking own stay need is the factor that more significant at driving capital up. Bangsar south is a convenience place to go to work but may not be a place to call home. So, i am looking for a place where expat like to rent and local like to setup home.
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based on these, you can get mont kiara area
Ckmwpy0370
post Jan 11 2023, 01:53 PM

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QUOTE(hihihehe @ Jan 10 2023, 06:47 PM)
IINM, location for DPC also not that great when it first developed right?
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when first property launch was the individual title, the cost is very cheap.
That time the DPC not the well know yet.

ManutdGiggs
post Jan 11 2023, 01:54 PM

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Mk for rental provided newer n well maintained projects

Dpc for capital appreciation riding on all new projects while enjoying strong demand in rental market but lower rate vs mk

To invest with disposal as end game it's dpc. To enjoy the rental play it's mk for sure cos the resell market is too competitive.
Cavatzu
post Jan 11 2023, 02:38 PM

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QUOTE(Ckmwpy0370 @ Jan 11 2023, 01:53 PM)
when first property launch was the individual title, the cost is very cheap.
That time the DPC not the well know yet.
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I was one of those people thinking it was an ah beng ah lian place. Mana tau the runaway success it has become. It is a destination in its own right and people will actually go there to be seen as opposed to those new landscaped townships.

Yea MK it is then for rental. And the psf isn’t really that much higher than many of these new projects in Cheras, OKR etc.

This post has been edited by Cavatzu: Jan 11 2023, 02:42 PM
PAChamp
post Jan 11 2023, 02:39 PM

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In the past i used to wonder what is so attractive about DPC location? Stay there and have to pay toll to come to BU/PJ plus jam all the way. What I can say is they have a reasonably big area to build a township with proper planning and good landscaping and open areas plus dog friendly and compared to those areas down south and up north KV, much much nearer to KL/PJ/Kepong. Those who can't afford DPC but want such township planning can now have many choices further away.
A.B.D.
post Jan 11 2023, 04:12 PM

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as many have pointed out, it's unlikely DPC can be replicated again so you better just buy in DPC if you can afford it.

so to answer the title question on alternatives, the next best thing is to stay just outside the walls of DPC. nice housing that come to mind are Sunway SPK and Villa Manja. theoretically you will be able to enjoy quite similar lifestyle, minus the convenience that DPC residents enjoy which is to walk or cycle from their residence. if you try to do this from Sunway SPK or Villa Manja, you could get run down by car/mugged by somebody/chased and bitten by stray dog, etc.

also if you just stay nearby but not inside DPC, it would be a waste as you could have just missed by one road only on having one of the hottest socially prized identity of a DPC resident.

This post has been edited by A.B.D.: Jan 11 2023, 04:17 PM
Longshot
post Jan 11 2023, 04:31 PM

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There can only be one....😝

Like that say ngam mou....🤔
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post Jan 11 2023, 04:33 PM

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The dog friendly plaza is the main part that won. Lake City might be an alternative.
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post Jan 11 2023, 04:46 PM

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QUOTE(ManutdGiggs @ Jan 11 2023, 01:54 PM)
Mk for rental provided newer n well maintained projects

Dpc for capital appreciation riding on all new projects while enjoying strong demand in rental market but lower rate vs mk

To invest with disposal as end game it's dpc. To enjoy the rental play it's mk for sure cos the resell market is too competitive.
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Tagging icemanfx the useful commentator to oppose your statements


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