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.

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.

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.

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

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

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.

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.

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

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