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Investment Alternative to Desa ParkCity
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loyiwei
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 Jan 10 2023, 11:42 AM
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Getting Started
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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. 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. |
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loyiwei
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Jan 10 2023, 11:46 AM
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Getting Started
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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. If really want to bet, the highest chance is KL metropolis. but dun quote me, noone has the crystal ball. |
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loyiwei
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Jan 10 2023, 12:03 PM
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Getting Started
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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. KL metropolis? |
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loyiwei
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Jan 11 2023, 09:51 AM
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Getting Started
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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
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loyiwei
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Jan 11 2023, 11:04 AM
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Getting Started
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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. 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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loyiwei
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Jan 11 2023, 12:31 PM
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Getting Started
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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. 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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