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 Best new landed township

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TSwolftheyorkie
post Jul 16 2023, 10:34 PM, updated 3y ago

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Hi All

Which are the best new landed townships for a double story terrace house? I’m looking at the following locations with a 750k-800k budget and must be freehold. Looking at long term capital appreciation and future potential ( in 10 years).

1) setia ecohill Semenyih fully gated and guarded ( precinct 2 and 3). Individual title but with DMC. Very well maintained township with a neighbourhood mall and clubhouse
2) Elmina Green. Individual title but not gated and guarded. Very good location closer to subang
3) Eco Majestic Semenyih. Strata title. Very well maintained . A bit pricey
4) Tropicana Kajang townhouse: Strata title. Nice location but it’s not a double storey terrace
5) Bandar Seri Coalfield: lots of new launches, looks nice

Any others?

This post has been edited by wolftheyorkie: Jul 16 2023, 10:34 PM
cket
post Jul 16 2023, 11:05 PM

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it depends on where you want live, conveniency is vital. Unless you are buying for investment.

For me, my house has to be near workplace, old or new house, LH or FH are not a matter, location decides the future value most.
Femsroot
post Jul 16 2023, 11:06 PM

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All v far. Buy house make sure near to ur working place. If me I look for 2nd house near BJ, seri petaling, OUG, Mont Kiara, PJ, Damansara (near pj)
TSwolftheyorkie
post Jul 16 2023, 11:22 PM

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For investment
IAmYourFather
post Jul 17 2023, 12:43 AM

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Personally I wouldn't buy landed for investment, unless I'm staying there myself, because the roi in terms of rental is pretty bad especially for these very far houses. Even if you managed to flip it in the 10 years for a 20%-40% profit, is it worth it after the monthly bleed, property gain tax, bank interest etc
MasBoleh!
post Jul 17 2023, 02:02 AM

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QUOTE(IAmYourFather @ Jul 17 2023, 12:43 AM)
Personally I wouldn't buy landed for investment, unless I'm staying there myself, because the roi in terms of rental is pretty bad especially for these very far houses. Even if you managed to flip it in the 10 years for a 20%-40% profit, is it worth it after the monthly bleed, property gain tax, bank interest etc
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This. And if you insist to go for investment, make sure to buy strata in selangor because you can sell to foreigners but the minimum housing they can buy is 2mil, still there are ways to sell hehe
Aaron212
post Jul 17 2023, 08:35 AM

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10 years gain so u must be willing to gain extra risk for more potential

few suggestions are serenia, sunruria, setia alamsari, serene heights, gamuda cove, setia alam
anakkk
post Jul 17 2023, 08:38 AM

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jade hill?
Ckmwpy0370
post Jul 17 2023, 09:01 AM

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QUOTE(wolftheyorkie @ Jul 16 2023, 10:34 PM)
Hi All

Which are the best new landed townships for a double story terrace house? I’m looking at the following locations with a 750k-800k  budget and must be freehold. Looking at long term capital appreciation and future potential ( in 10 years).

1) setia ecohill Semenyih fully gated and guarded ( precinct  2 and 3). Individual title but with DMC. Very well maintained township with a neighbourhood mall and clubhouse
2)  Elmina Green. Individual title but not gated and guarded. Very good location closer to subang
3) Eco Majestic Semenyih. Strata title. Very well maintained . A bit pricey
4) Tropicana Kajang townhouse: Strata title. Nice location but it’s not a double storey terrace
5) Bandar Seri Coalfield: lots of new launches, looks nice

Any others?
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item 4, you can look for Tropicana Heights Parkfield, Tropicana Heights Fairfield
arffrhn
post Jul 17 2023, 09:31 AM

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QUOTE(anakkk @ Jul 17 2023, 08:38 AM)
jade hill?
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Jade Hills no more 750-800k for landed.
Clueless07
post Jul 17 2023, 10:15 AM

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How to define best eh?
what criteria?

Price, infrastructure, commercial convenience ?
cy91
post Jul 17 2023, 10:18 AM

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For investment..

can look for landed freehold in Sendayang,

or another one quite happening at Rimbayu but leasehold
Clueless07
post Jul 17 2023, 10:30 AM

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Rimbayu- not only leasehold issue, but the traffic is getting worse, check the forum ba. of course, the township is very lively, confortable to raise young family.

my vote goes to Elmina - but lack of commercial is one of the major issue, also connectivity might not be so good except DASH ( also not direct access)

How about Setia alam/ruled out coz too far?

investment-i dont think property investment in GG in malaysia, the time is over. Especially high rise/condo.

for landed, keep for long term ba, Land is limited.....
guess that... those 40-50 years old house in Damansara Jaya/Utama been transacted 1.2 million- this is linked hous, 24/7- only eh.

in short- it need to be somewhere that is comfortable for you to live, another 10-20 years. and the capital gain is secomdary.

if buy just keep/rent to earn profit.... very low chance.
hampc
post Jul 17 2023, 11:07 AM

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QUOTE(wolftheyorkie @ Jul 16 2023, 11:22 PM)
For investment
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If for landed property investment...LH or FH does not really matter as much.
Main thing to consider is if the place can be 'ong' or not.
You will typically know the place is 'ong' if the place has a certain type of demographics and characteristics (young families, SRJK schools, lots of non halal food choices, traffic jams)
Old day PJ, Subang, USJ, Puchong, Sunway, etc all started like that until they become mature like today.
Lots of capital appreciation over time to reap for those invested in these areas.

I think all these below are fine.
1) setia ecohill Semenyih fully gated and guarded ( precinct 2 and 3). Individual title but with DMC. Very well maintained township with a neighbourhood mall and clubhouse
2) Elmina Green. Individual title but not gated and guarded. Very good location closer to subang
3) Eco Majestic Semenyih. Strata title. Very well maintained . A bit pricey
4) Tropicana Kajang townhouse: Strata title. Nice location but it’s not a double storey terrace

I would add Bandar Rimbayu/ Tropicana Aman/Gamuda 257 areas into the list too.

Good luck.

forever1979
post Jul 18 2023, 08:21 AM

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buying landed for investment is no more viable unlike those days in 2000s.

assume now cost RM1mil. Instalment is like RM4K-5K. and if u decided to rent it out first ,. be ready to spend like RM50K at least so that can attract a decent tenant profile and get it rent for RM2K-2.5K. U may see a capital appreciation of 50% after 10 years but u need to bleeding like RM2K-3K per month.

those good days are gone... last time property is affordable. RM500K and rental like RM2K. Now RM1mil , rental also more or less the same.
vicky.max
post Jul 18 2023, 10:04 AM

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Why not Rawang? It's much more closer to KL/PJ compared to BSC.

Emerald west, Tamansari, M-panora etc.
TSwolftheyorkie
post Jul 18 2023, 11:57 AM

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QUOTE(vicky.max @ Jul 18 2023, 10:04 AM)
Why not Rawang? It's much more closer to KL/PJ compared to BSC.

Emerald west, Tamansari, M-panora etc.
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Not interested in Rawang or Seremban/ Nilai


autodriver
post Jul 18 2023, 12:16 PM

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"Looking at long term capital appreciation and future potential ( in 10 years)."

If you looking at capatical appreciation then you should invest in FD or KWSP for guarantee return. Or if you were having deep knowledge of investment then can invest on shares, funds or bonds. Investing in any kind of housing property now is not really making good money and in future also hard to get good ROI. Those agent will lure you into the trap that the property will appreciate with good ROI figure.

Those townships you listed basically all did not make good ROI after VP. As long as you see many listing in 2nd market that mean many people wanna sell out rather than keep it. Imagine you buy a house at RM 500k and 10 years appreciate RM 600k and it 20% up or 2% ROI yearly. If we take loan and no additional fund to offset interest,

RM500k, 35 years term, 4.4%

Monthly RM 2335
10 years
Total interest paid is RM 219k
Total principal paid is RM 61k.
Total payment you have paid is RM 280k

So this is not justified if you just make RM 100k profit where you have paid RM 219k interest over the 10 years time, which mean you making loss of RM 119k.



Femsroot
post Jul 18 2023, 12:19 PM

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QUOTE(wolftheyorkie @ Jul 16 2023, 11:22 PM)
For investment
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lagi funny. u aso dunwan stay so u think who wanna buy 2nd hand from u?

only reason good enough is u wanna pass to next gen but even ur kids will scold u one day buy so far for what. house important is conveneint
TSwolftheyorkie
post Jul 18 2023, 12:22 PM

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QUOTE(Femsroot @ Jul 18 2023, 12:19 PM)
lagi funny. u aso dunwan stay so u think who wanna buy 2nd hand from u?

only reason good enough is u wanna pass to next gen but even ur kids will scold u one day  buy so far for what. house important is conveneint
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Like this than no one will buy landed. All those developers can bungkus and go home, correct?

Will be rented out

This post has been edited by wolftheyorkie: Jul 18 2023, 12:36 PM
Femsroot
post Jul 18 2023, 02:58 PM

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QUOTE(wolftheyorkie @ Jul 18 2023, 12:22 PM)
Like this than no one will buy landed. All those developers can bungkus and go home, correct?

Will be rented out
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U asking for opinion, we tell u the best we can. We say go buy landed 2nd hand near town. U wan worry developer bankrup eat sand. Ok la. Go la go go. Go help the the developer and u eat sand.

Someone here even put down the statistics for u. U make money or not u still wan geh kiang. Haiz...go go go.

Make sure u got money renovate after buying.

I'm telling u this not from some1 that don't own anything. I have condo in town. Stayed rent out and move to 3 storey landed house just slightly outskirt. But totally regret. Now looking to move back to town. Up to u.

This post has been edited by Femsroot: Jul 18 2023, 03:01 PM
bashlyner
post Jul 18 2023, 03:50 PM

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My 2cents, "long term" in property investment should be 20 years at least. As many pointed out the housing market now is quite stagnant unlike the early 2010s, and without any significant boost on the average income of working class I don't see how property could appreciate above the interest you pay to the bank.

Best to aim for rental appreciation instead of capital appreciation but it mean landed house won't be a good option as compared to high rise. You also need a some commitment to manage your rental property, or pay an agent to help you manage it.
TSwolftheyorkie
post Jul 18 2023, 05:12 PM

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QUOTE(Femsroot @ Jul 18 2023, 02:58 PM)
U asking for opinion, we tell u the best we can. We say go buy landed 2nd hand near town. U wan worry developer bankrup eat sand. Ok la. Go la go go. Go help the the developer and u eat sand.

Someone here even put down the statistics for u. U make money or not u still wan geh kiang. Haiz...go go go.

Make sure u got money renovate after buying.

I'm telling u this not from some1 that don't own anything. I have condo in town. Stayed rent out and move to 3 storey landed house just slightly outskirt. But totally regret. Now looking to move back to town. Up to u.
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I asked for opinion on best landed area/ development. Not whether or not I should buy landed or not. Pls read question first. If I wanted your opinion if I should buy landed or high rise, I would have done so. Anyway, no hard feelings
mingyew
post Jul 18 2023, 05:16 PM

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Bandar Rimbayu , Tropicana Aman, Eco Sanctuary, Gamuda 257.

Compare to other township, commercial is growing fast than other township, except Setia Alam.
TSwolftheyorkie
post Jul 18 2023, 05:56 PM

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QUOTE(mingyew @ Jul 18 2023, 05:16 PM)
Bandar Rimbayu , Tropicana Aman, Eco Sanctuary, Gamuda 257.

Compare to other township, commercial is growing fast than other township, except Setia Alam.
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Thanks. Any idea why setia alam not growing?
mingyew
post Jul 18 2023, 05:58 PM

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QUOTE(wolftheyorkie @ Jul 18 2023, 05:56 PM)
Thanks. Any idea why setia alam not growing?
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I mean Setia Alam commercial growing the best among all.


southadam
post Jul 18 2023, 07:02 PM

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Landed can't make good profit anymore in outskirt. For those 2nd hand in core area maybe possible.
Property investment is always location.

Ask yourself that is there anyone will buy from you next time for staying? Your buyer should be someone wants to settle down themselves. Definitely not investor for sure.
MasBoleh!
post Jul 18 2023, 08:32 PM

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QUOTE(mingyew @ Jul 18 2023, 05:16 PM)
Bandar Rimbayu , Tropicana Aman, Eco Sanctuary, Gamuda 257.

Compare to other township, commercial is growing fast than other township, except Setia Alam.
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Surprise to see nobody mentioned Gamuda Garden
arffrhn
post Jul 18 2023, 09:20 PM

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QUOTE(MasBoleh! @ Jul 18 2023, 08:32 PM)
Surprise to see nobody mentioned Gamuda Garden
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Or Gamuda Cove for that matter. I think Gamuda Cove is like a mix of Gamuda Garden and Jade Hills.
mingyew
post Jul 18 2023, 09:54 PM

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QUOTE(southadam @ Jul 18 2023, 07:02 PM)
Landed can't make good profit anymore in outskirt. For those 2nd hand in core area maybe possible.
Property investment is always location.

Ask yourself that is there anyone will buy from you next time for staying? Your buyer should be someone wants to settle down themselves. Definitely not investor for sure.
*
for last few decade, people said the same thing also.. like bandar sunway , leasehold, deep inside jungle, mining land, etc... u see today
hampc
post Jul 18 2023, 10:17 PM

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QUOTE(Femsroot @ Jul 18 2023, 02:58 PM)
U asking for opinion, we tell u the best we can. We say go buy landed 2nd hand near town. U wan worry developer bankrup eat sand. Ok la. Go la go go. Go help the the developer and u eat sand.

Someone here even put down the statistics for u. U make money or not u still wan geh kiang. Haiz...go go go.

Make sure u got money renovate after buying.

I'm telling u this not from some1 that don't own anything. I have condo in town. Stayed rent out and move to 3 storey landed house just slightly outskirt. But totally regret. Now looking to move back to town. Up to u.
*
My opinion differs from yours.
I used to live and own a condo in town. Now move and live in landed property outskirt.
No regret at all. I really prefer landed property in outskirt. Kids happy, family happy and pet happy.
Spending some extra time on the road is just a small sacrifice for me for the kids, family, and pet. :-)

My next goal is to buy a Tesla with autopilot and install a solar panel.

If I am in a condo, owning a Tesla will be a pain (no place to charge the car) and I cant save money on electricity e.g. solar panel.


augusta23
post Jul 18 2023, 10:49 PM

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QUOTE(Femsroot @ Jul 18 2023, 02:58 PM)
U asking for opinion, we tell u the best we can. We say go buy landed 2nd hand near town. U wan worry developer bankrup eat sand. Ok la. Go la go go. Go help the the developer and u eat sand.

Someone here even put down the statistics for u. U make money or not u still wan geh kiang. Haiz...go go go.

Make sure u got money renovate after buying.

I'm telling u this not from some1 that don't own anything. I have condo in town. Stayed rent out and move to 3 storey landed house just slightly outskirt. But totally regret. Now looking to move back to town. Up to u.
*
Hi can share where is the slightly out skirt place that you regretted? Issit because the longer travelling time or lack of amenities?
MasBoleh!
post Jul 18 2023, 11:11 PM

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QUOTE(arffrhn @ Jul 18 2023, 09:20 PM)
Or Gamuda Cove for that matter. I think Gamuda Cove is like a mix of Gamuda Garden and Jade Hills.
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Oh I agree with you, GC really feel like a mixed of GG and JH. I love their Japanese concept and spalshmania. Not to mentioned their master plan including a lot of other commercial development including medical centre too

QUOTE(hampc @ Jul 18 2023, 10:17 PM)
My opinion differs from yours.
I used to live and own a condo in town. Now move and live in landed property outskirt.
No regret at all. I really prefer landed property in outskirt. Kids happy, family happy and pet happy.
Spending some extra time on the road is just a small sacrifice for me for the kids, family, and pet. :-)

My next goal is to buy a Tesla with autopilot and install a solar panel.

If I am in a condo, owning a Tesla will be a pain (no place to charge the car) and I cant save money on electricity e.g. solar panel.
*
Nice. Very nice plan. Just I didn't know Tesla can install solar panel. I think you can also include solar panel installation on your landed house
southadam
post Jul 18 2023, 11:21 PM

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QUOTE(mingyew @ Jul 18 2023, 09:54 PM)
for last few decade, people said the same thing also.. like bandar sunway , leasehold, deep inside jungle, mining land, etc... u see today
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You cannot compare with last time, last time we are still a undeveloped country.
land is something static and vicinity within KV is limited. You simply can't create another Kuala Lumpur or Bandar Sunway out of some land. Eg. Cyberjaya?

Unless there is a shift of populations due to government policy such as moving a city to another one. It could happen but rare.

Try your luck to predict another Bandar Sunway or Petaling Jaya.
hampc
post Jul 18 2023, 11:30 PM

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QUOTE(MasBoleh! @ Jul 18 2023, 11:11 PM)

Nice. Very nice plan. Just I didn't know Tesla can install solar panel. I think you can also include solar panel installation on your landed house
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Yes u can.
My monthly electricity cost average around myr500-myr700 ( 8 aircons, lights, fan etc)
Current monthly petrol cost myr300-400.
Cost to install solar panel myr20k-25k (depending on number of solar panels)

It makes sense for me to install solar panels and get a Tesla.(number wise)




Femsroot
post Jul 19 2023, 12:33 AM

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QUOTE(augusta23 @ Jul 18 2023, 10:49 PM)
Hi can share where is the slightly out skirt place that you regretted? Issit because the longer travelling time or lack of amenities?
*
Seri kembangan
TSwolftheyorkie
post Jul 19 2023, 09:02 AM

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There are lots of comments on purchasing landed vs high rise. I think investors/ owners of landed property are not stupid. We know that rental yield is very low for landed and we know that new townships with affordable landed products ( below 1 million) are all far away. To play the landed game, it needs to be a long term horizon with capital appreciation as potential upside( but not guaranteed)

So based on the latest recommendation , best freehold landed area to recommend with a price of 750-800k in no particular order. Preferably gated and guarded with potential growth of township in the next 10-20 years

Setia ecohill
Eco majestic
Gamuda garden
Setia alam
Bandar rimbayu
Tropicana kajang

Anything else?

soulred777
post Jul 19 2023, 12:35 PM

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QUOTE(wolftheyorkie @ Jul 19 2023, 09:02 AM)
There are lots of comments on purchasing landed vs high rise. I think investors/ owners of landed property are not stupid. We know that rental yield is very low for landed and we know that new townships with affordable landed products ( below 1 million) are all far away. To play the landed game, it needs to be a long term horizon with capital appreciation as potential upside( but not guaranteed)

So based on the latest recommendation , best freehold landed area to recommend with a price of 750-800k in no particular order. Preferably gated and guarded with potential growth of township in the next 10-20 years

Setia ecohill
Eco majestic
Gamuda garden
Setia alam
Bandar rimbayu
Tropicana kajang

Anything else?
*
Worth checking out Emerald Rawang and Templer Anggun City. The spillovers are great. To forumers, drop by to see before simply commenting negatively. Every development has pros and cons.

This post has been edited by soulred777: Jul 19 2023, 12:36 PM
jojolicia
post Jul 19 2023, 02:59 PM

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Elite highway is the then Federal highway.

Just me, you can never go wrong with air&sea freight route
Longshot
post Jul 19 2023, 03:30 PM

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QUOTE(wolftheyorkie @ Jul 19 2023, 09:02 AM)
There are lots of comments on purchasing landed vs high rise. I think investors/ owners of landed property are not stupid. We know that rental yield is very low for landed and we know that new townships with affordable landed products ( below 1 million) are all far away. To play the landed game, it needs to be a long term horizon with capital appreciation as potential upside( but not guaranteed)

So based on the latest recommendation , best freehold landed area to recommend with a price of 750-800k in no particular order. Preferably gated and guarded with potential growth of township in the next 10-20 years

Setia ecohill
Eco majestic
Gamuda garden
Setia alam
Bandar rimbayu
Tropicana kajang

Anything else?
*
Just my RM0.02 cents view.
I would not prefer Eco Majestic or only selected part of Ecohill.
Both have been in development for a number of years and the biggest stumbling block for this 2 township is the lack of high paying job opportunities in the vicinity. The thought of WFH will provide some catalyst to this 2 township to grow seems to have fizzled. The newly opened mall seems to have gave it a minor boost but not sure if it is sustainable in the long run.

Bandar Rimbayu, ES, 257 and Aman seems a better bet. It can enjoy spillover demand from Klang, Puchong, Shah Alam and Subang Jaya. Proximity to Shah Alam industries provide employment opportunities and steady growth of population in establish location gives it potential.
Only downside is it leasehold status which some ppl will be reluctant to proceed. If freehold is a must Setia Alam Impian will provide a choice not too far away.

The floods in Klang area will also drive demand for housing located in these areas as many will want to move out but not move too far away from their familiar locale.

Moving on to Gamuda Cove, Warisan, Suncity, Greenwoods, Coalfields and Serenia, these shouldn't be ignored but you"ll need to choose very carefully. Their proximity to KLIA , Xiamen, ERL, Cyberjaya, Putrajaya and ELITE highway gives it potential. If Cyberjaya does develop it's tram mobility services, there is a possibility for it to be extended to nearby development for economy of scale. A curious observation is that GC sometimes promote itself as close to Cyberjaya with their direct link, giving the impression that being associated to Cyberjaya is good but when you look at their properties prices, they are on par or even some are priced more expensive than the landed in Cyberjaya. It's like my project has a direct link to Damansara Height but my properties are also higher priced that Damansara Height?

At 1 time, ppl bought property in Nilai or Seremban 2 but travel to work in KL, these township now gives them some options and possibility to relocate to these township from Seremban or Nilai. Creating a pull or push factor.

Notable mention should be Bandar Enstek. Huge land bank, near KLIA in Sepang but again too far away from any major catalyst. Can the developer do better?

Another notable mention is Elmina but I see it more as an extension of Denai Alam which itself was an extension of Bukit Jelutong. I've not done any in-depth study of Bukit Jelutong and Denai Alam but just generally speaking, the appreciation "feel" (I use the word feel as I don't have data to support myself) rather mooted or stagnant. I feel Setia Alam and Eco Ardence is more vibrant and in demand than this 2 township. Not sure if Elmina will suffer the same fate as the other 2 township but initial response from subsale buyers of the early phase seems good. Again, not sure if this is sustainable as later phase has gone up in prices from developer. Timing, location and entry point are key factors here.

I would say instead of looking for capital appreciation from landed, I would look for capital preservation i.e. the value of the property will increase in tandem with inflation to protect my real purchasing power. A good property will do that and a bit more extra.

Happy hunting...ya
And please take the above with a bucket of salt....ya

1ullaby
post Jul 19 2023, 04:39 PM

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Nice to tap into longshot boss’s mind as usual.

Always look forward to these long long ones 🤣

This post has been edited by 1ullaby: Jul 19 2023, 04:42 PM
TSwolftheyorkie
post Jul 19 2023, 04:54 PM

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QUOTE(Longshot @ Jul 19 2023, 03:30 PM)
Just my RM0.02 cents view.
I would not prefer Eco Majestic or only selected part of Ecohill.
Both have been in development for a number of years and the biggest stumbling block for this 2 township is the lack of high paying job opportunities in the vicinity. The thought of WFH will provide some catalyst to this 2 township to grow seems to have fizzled. The newly opened mall seems to have gave it a minor boost but not sure if it is sustainable in the long run.

Bandar Rimbayu, ES, 257 and Aman seems a better bet. It can enjoy spillover demand from Klang, Puchong, Shah Alam and Subang Jaya. Proximity to Shah Alam industries provide employment opportunities and steady growth of population in establish location gives it potential.
Only downside is it leasehold status which some ppl will be reluctant to proceed. If freehold is a must Setia Alam Impian will provide a choice not too far away.

The floods in Klang area will also drive demand for housing located in these areas as many will want to move out but not move too far away from their familiar locale.

Moving on to Gamuda Cove, Warisan, Suncity, Greenwoods, Coalfields and Serenia, these shouldn't be ignored but you"ll need to choose very carefully. Their proximity to KLIA , Xiamen, ERL, Cyberjaya, Putrajaya and ELITE highway gives it potential. If Cyberjaya does develop it's tram mobility services, there is a possibility for it to be extended to nearby development for economy of scale. A curious observation is that GC sometimes promote itself as close to Cyberjaya with their direct link, giving the impression that being associated to Cyberjaya is good but when you look at their properties prices, they are on par or even some are priced more expensive than the landed in Cyberjaya. It's like my project has a direct link to Damansara Height but my properties are also higher priced that Damansara Height?

At 1 time, ppl bought property in Nilai or Seremban 2 but travel to work in KL, these township now gives them some options and possibility to relocate to these township from Seremban or Nilai. Creating a pull or push factor.

Notable mention should be Bandar Enstek. Huge land bank, near KLIA in Sepang but again too far away from any major catalyst. Can the developer do better?

Another notable mention is Elmina but I see it more as an extension of Denai Alam which itself was an extension of Bukit Jelutong. I've not done any in-depth study of Bukit Jelutong and Denai Alam but just generally speaking, the appreciation "feel" (I use the word feel as I don't have data to support myself) rather mooted or stagnant. I feel Setia Alam and Eco Ardence is more vibrant and in demand than this 2 township. Not sure if Elmina will suffer the same fate as the other 2 township but initial response from subsale buyers of the early phase seems good. Again, not sure if this is sustainable as later phase has gone up in prices from developer. Timing, location and entry point are key factors here.

I would say instead of looking for capital appreciation from landed, I would look for capital preservation i.e. the value of the property will increase in tandem with inflation to protect my real purchasing power. A good property will do that and a bit more extra.

Happy hunting...ya
And please take the above with a bucket of salt....ya
*
Great tips. Thank you !

Do you think development/ opportunities in Cheras and Putrajaya will spur the growth of Kajang/?Semenyih? It doesn’t seem to far away and it’s really possible to commute daily

This post has been edited by wolftheyorkie: Jul 19 2023, 04:55 PM
MasBoleh!
post Jul 19 2023, 07:30 PM

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QUOTE(Longshot @ Jul 19 2023, 03:30 PM)
Just my RM0.02 cents view.
I would not prefer Eco Majestic or only selected part of Ecohill.
Both have been in development for a number of years and the biggest stumbling block for this 2 township is the lack of high paying job opportunities in the vicinity. The thought of WFH will provide some catalyst to this 2 township to grow seems to have fizzled. The newly opened mall seems to have gave it a minor boost but not sure if it is sustainable in the long run.

Bandar Rimbayu, ES, 257 and Aman seems a better bet. It can enjoy spillover demand from Klang, Puchong, Shah Alam and Subang Jaya. Proximity to Shah Alam industries provide employment opportunities and steady growth of population in establish location gives it potential.
Only downside is it leasehold status which some ppl will be reluctant to proceed. If freehold is a must Setia Alam Impian will provide a choice not too far away.

The floods in Klang area will also drive demand for housing located in these areas as many will want to move out but not move too far away from their familiar locale.

Moving on to Gamuda Cove, Warisan, Suncity, Greenwoods, Coalfields and Serenia, these shouldn't be ignored but you"ll need to choose very carefully. Their proximity to KLIA , Xiamen, ERL, Cyberjaya, Putrajaya and ELITE highway gives it potential. If Cyberjaya does develop it's tram mobility services, there is a possibility for it to be extended to nearby development for economy of scale. A curious observation is that GC sometimes promote itself as close to Cyberjaya with their direct link, giving the impression that being associated to Cyberjaya is good but when you look at their properties prices, they are on par or even some are priced more expensive than the landed in Cyberjaya. It's like my project has a direct link to Damansara Height but my properties are also higher priced that Damansara Height?

At 1 time, ppl bought property in Nilai or Seremban 2 but travel to work in KL, these township now gives them some options and possibility to relocate to these township from Seremban or Nilai. Creating a pull or push factor.

Notable mention should be Bandar Enstek. Huge land bank, near KLIA in Sepang but again too far away from any major catalyst. Can the developer do better?

Another notable mention is Elmina but I see it more as an extension of Denai Alam which itself was an extension of Bukit Jelutong. I've not done any in-depth study of Bukit Jelutong and Denai Alam but just generally speaking, the appreciation "feel" (I use the word feel as I don't have data to support myself) rather mooted or stagnant. I feel Setia Alam and Eco Ardence is more vibrant and in demand than this 2 township. Not sure if Elmina will suffer the same fate as the other 2 township but initial response from subsale buyers of the early phase seems good. Again, not sure if this is sustainable as later phase has gone up in prices from developer. Timing, location and entry point are key factors here.

I would say instead of looking for capital appreciation from landed, I would look for capital preservation i.e. the value of the property will increase in tandem with inflation to protect my real purchasing power. A good property will do that and a bit more extra.

Happy hunting...ya
And please take the above with a bucket of salt....ya
*
I see that you have vast knowledge from developments at the South but not the North, since you didn't mention anything about Bandar Seri Coalfield or Kundang or Gamuda Garden.

What separate Elmina from Denai Alam and Bukit Jelutong is Elmina itself has primary and private chinese school, and its masterplan included offices and medical centre on top of the already building lake side mall. And not to forget the ample industrial lots located at the North of Elmina. All these are additional catalysts that Denai Alam and Bukit Jelutong simply do not have.


This post has been edited by MasBoleh!: Jul 19 2023, 07:34 PM
augusta23
post Jul 19 2023, 07:51 PM

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QUOTE(soulred777 @ Jul 19 2023, 12:35 PM)
Worth checking out Emerald Rawang and Templer Anggun City. The spillovers are great. To forumers, drop by to see before simply commenting negatively. Every development has pros and cons.
*
Can share some insights about both projects or which projects in rawang may have potential?
Longshot
post Jul 19 2023, 08:18 PM

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QUOTE(wolftheyorkie @ Jul 19 2023, 04:54 PM)
Great tips. Thank you !

Do you think development/ opportunities in Cheras and Putrajaya  will spur the growth of Kajang/?Semenyih? It doesn’t seem to far away and it’s really possible to commute daily
*
Boss,
Not sure what development / opportunities in Cheras or Putrajaya that can spur growth of Kajang / Semenyih.

Putrajaya is our administrative capital, the kind of development will be limited unless there are development for commercial and industrial and efforts to bring in companies to setup HQ there that can leverage on the close proximity to Govt. administration. Maybe can ask Tengku Zafrul 🤣

Transportation, medical and education are a few I can think of that can boost surrounding values but still there is much needed to compliment these.

I don't have a crystal ball that can tell the future, so alot depends on constant monitoring and updating of data to see what's potentially coming.

Longshot
post Jul 19 2023, 08:43 PM

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QUOTE(MasBoleh! @ Jul 19 2023, 07:30 PM)
I see that you have vast knowledge from developments at the South but not the North, since you didn't mention anything about Bandar Seri Coalfield or Kundang or Gamuda Garden.

What separate Elmina from Denai Alam and Bukit Jelutong is Elmina itself has primary and private chinese school, and its masterplan included offices and medical centre on top of the already building lake side mall. And not to forget the ample industrial lots located at the North of Elmina. All these are additional catalysts that Denai Alam and Bukit Jelutong simply do not have.
*
Boss, you are right.
My concentration is mainly at the southern of KV and northern is not my fort. Only certain township towards the north capture my attention.
If you seen my post, I normally won't comment anything unless I have done my homework and data crouching. Also I have limited time and resources, so I can't cover every township. Of course Coalfield, Kubdang or GG are notable township and worth mentioning but as I said, just can't cover all of them.

Yes, Elmina master plan has those but the most notable one is the mall and industrial lots. For the mall, it remains to be seen if SDP can pull it off to make it a happening place. I believe it is doable as there is no decent size mall nearby but need to exercise caution as sdp track record in recent years for commercial is not exactly excellent. If you look at Bukit Jelutong (BJ) commi, they aren't doing very well. Good enough for basic needs but when one needs something more, one has to travel further. Fair enough BJ was not develop by SDP but mall development is no walk in the park.

The industrial lots are also a concern. Having an industrial plot so far away from the air/freight port might not make much sense.

It's good to analyze the master plan and note what's being plan but it is also important to see if it makes sense and what being planned will complement, enhance and sustainable for the township purpose and direction.

Coming back to the purpose of this thread, capital appreciation for landed in the next 10 years or so, as I said, I'll aim for capital preservation instead.


zaoldyeck
post Jul 19 2023, 09:17 PM

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Southern KV is crazy, im living in the area and I can see so many new township project.
We have the biggest one Gamuda Cove across the highway, then Sunsuria City, Serenia City, Setia Tropika, M Senyum Mahsing, and I guess the most recent one Arena IOI as they clearing up the hills.
Probably due to this, a new branch Coffee Bean TL and Starbucks just open in Kota Warisan.

Edit: On topic, not sure even if landed now can capital appreciation within 10yrs since the entry price is too high. A friend bought cybersouth at 750k, cant even sold subsale at 650k, and now lelong d. Dunno what the lelong price

This post has been edited by zaoldyeck: Jul 19 2023, 09:26 PM
hampc
post Jul 19 2023, 11:04 PM

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QUOTE(Longshot @ Jul 19 2023, 03:30 PM)


Bandar Rimbayu, ES, 257 and Aman seems a better bet. It can enjoy spillover demand from Klang, Puchong, Shah Alam and Subang Jaya. Proximity to Shah Alam industries provide employment opportunities and steady growth of population in establish location gives it potential.
Only downside is it leasehold status which some ppl will be reluctant to proceed. If freehold is a must Setia Alam Impian will provide a choice not too far away.

The floods in Klang area will also drive demand for housing located in these areas as many will want to move out but not move too far away from their familiar locale.


*
Good analysis and observations. Thank you.
I have been to all the townships listed.
Definitely agree with your analysis on this ' Bandar Rimbayu, ES, 257 and Aman seems a better bet.'
LH status does not bother me. The location is superb to absorb all the spillover from neighboring Klang, Shah Alam, Puchong, Subang Jaya, USJ, PJ and its in between Port Klang, manufacturing hub, industrial and logistics hub and not too far from KLIA, Cyberjaya,Putrajaya.
Demographics wise also not bad. ...lots of young families moving in, non halal food choices, international schools, SRJK schools, special ed schools, etc
One can feel the 'ong' atmosphere/feeling just like the early days of Subang, Sunway, Puchong at the location
The highway connectivity needs to be improved further though.
hampc
post Jul 19 2023, 11:10 PM

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QUOTE(Longshot @ Jul 19 2023, 03:30 PM)

I would say instead of looking for capital appreciation from landed, I would look for capital preservation i.e. the value of the property will increase in tandem with inflation to protect my real purchasing power. A good property will do that and a bit more extra.

Happy hunting...ya
And please take the above with a bucket of salt....ya
*
Another good point.
Capital protection and preservation from inflation etc should be the goal nowadays.
A good property will do that with a bit extra ((land price rising and housing demand from the population)

se800i
post Jul 20 2023, 03:50 AM

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QUOTE(Longshot @ Jul 19 2023, 04:30 PM)
Just my RM0.02 cents view.
I would not prefer Eco Majestic or only selected part of Ecohill.
Both have been in development for a number of years and the biggest stumbling block for this 2 township is the lack of high paying job opportunities in the vicinity. The thought of WFH will provide some catalyst to this 2 township to grow seems to have fizzled. The newly opened mall seems to have gave it a minor boost but not sure if it is sustainable in the long run.

Bandar Rimbayu, ES, 257 and Aman seems a better bet. It can enjoy spillover demand from Klang, Puchong, Shah Alam and Subang Jaya. Proximity to Shah Alam industries provide employment opportunities and steady growth of population in establish location gives it potential.
Only downside is it leasehold status which some ppl will be reluctant to proceed. If freehold is a must Setia Alam Impian will provide a choice not too far away.

The floods in Klang area will also drive demand for housing located in these areas as many will want to move out but not move too far away from their familiar locale.

Moving on to Gamuda Cove, Warisan, Suncity, Greenwoods, Coalfields and Serenia, these shouldn't be ignored but you"ll need to choose very carefully. Their proximity to KLIA , Xiamen, ERL, Cyberjaya, Putrajaya and ELITE highway gives it potential. If Cyberjaya does develop it's tram mobility services, there is a possibility for it to be extended to nearby development for economy of scale. A curious observation is that GC sometimes promote itself as close to Cyberjaya with their direct link, giving the impression that being associated to Cyberjaya is good but when you look at their properties prices, they are on par or even some are priced more expensive than the landed in Cyberjaya. It's like my project has a direct link to Damansara Height but my properties are also higher priced that Damansara Height?

At 1 time, ppl bought property in Nilai or Seremban 2 but travel to work in KL, these township now gives them some options and possibility to relocate to these township from Seremban or Nilai. Creating a pull or push factor.

Notable mention should be Bandar Enstek. Huge land bank, near KLIA in Sepang but again too far away from any major catalyst. Can the developer do better?

Another notable mention is Elmina but I see it more as an extension of Denai Alam which itself was an extension of Bukit Jelutong. I've not done any in-depth study of Bukit Jelutong and Denai Alam but just generally speaking, the appreciation "feel" (I use the word feel as I don't have data to support myself) rather mooted or stagnant. I feel Setia Alam and Eco Ardence is more vibrant and in demand than this 2 township. Not sure if Elmina will suffer the same fate as the other 2 township but initial response from subsale buyers of the early phase seems good. Again, not sure if this is sustainable as later phase has gone up in prices from developer. Timing, location and entry point are key factors here.

I would say instead of looking for capital appreciation from landed, I would look for capital preservation i.e. the value of the property will increase in tandem with inflation to protect my real purchasing power. A good property will do that and a bit more extra.

Happy hunting...ya
And please take the above with a bucket of salt....ya
*
A very detailed and precise sharing...
True and real of what is happening....
Southern of KV is booming ...
Surprisingly GC has its potential to grow if compare to Kota warisan I would say...

QUOTE(zaoldyeck @ Jul 19 2023, 10:17 PM)
Southern KV is crazy, im living in the area and I can see so many new township project.
We have the biggest one Gamuda Cove across the highway, then Sunsuria City, Serenia City, Setia Tropika, M Senyum Mahsing, and I guess the most recent one Arena IOI as they clearing up the hills.
Probably due to this, a new branch Coffee Bean TL and Starbucks just open in Kota Warisan.

Edit: On topic, not sure even if landed now can capital appreciation within 10yrs since the entry price is too high. A friend bought cybersouth at 750k, cant even sold subsale at 650k, and now lelong d. Dunno what the lelong price
*
Would it possible that it is linked to cyberjaya??

em_on
post Jul 20 2023, 08:23 AM

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QUOTE(soulred777 @ Jul 19 2023, 12:35 PM)
Worth checking out Emerald Rawang and Templer Anggun City. The spillovers are great. To forumers, drop by to see before simply commenting negatively. Every development has pros and cons.
*
the bottleneck traffic still from school area (town) towards these place tho' you could use other access with tolls
soulred777
post Jul 20 2023, 08:40 AM

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QUOTE(em_on @ Jul 20 2023, 08:23 AM)
the bottleneck traffic still from school area (town) towards these place tho' you could use other access with tolls
*
Flyover project has been commenced to solved this problem. Hearsay it's from rawang toll until ktmb. 2027 target completion.
GOPI56
post Jul 20 2023, 08:45 AM

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QUOTE(wolftheyorkie @ Jul 19 2023, 04:54 PM)
Great tips. Thank you !

Do you think development/ opportunities in Cheras and Putrajaya  will spur the growth of Kajang/?Semenyih? It doesn’t seem to far away and it’s really possible to commute daily
*
A new highway is coming soon, Putrajaya Bangi Expressway will connect Semenyih, Bangi area to Putrajaya, Cyberjaya area.

The developement of this new highway has been approved by the government.
em_on
post Jul 20 2023, 08:46 AM

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QUOTE(soulred777 @ Jul 20 2023, 08:40 AM)
Flyover project has been commenced to solved this problem. Hearsay it's from rawang toll until ktmb. 2027 target completion.
*
hmm.gif never heard of it tho'
soulred777
post Jul 20 2023, 10:06 AM

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QUOTE(em_on @ Jul 20 2023, 08:46 AM)
hmm.gif  never heard of it tho'
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I attended to the townhall. So this info is legit.
soulred777
post Jul 20 2023, 10:19 AM

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QUOTE(augusta23 @ Jul 19 2023, 07:51 PM)
Can share some insights about both projects or which projects in rawang may have potential?
*
If for ownstay I can vouch for emerald rawang as the spilloves from anggun city is great. If for investment I can't say much I think it will take abt 10-15 years to see the value appreciates or not on par with inflation. As the property price now itself from 700k already. 4 years back it was 560k onwards.
Gamuda garden would be good as well for ownstay as they might built inner road that connects from GG to aeon rawang side. Templer park is inner abit as they don't have shortcut access. However upon completion they're planning to open a new road that doesn't require you to bypass country homes.


Best if you site visit. Perhaps in 5-7 years can see a good change.

This post has been edited by soulred777: Jul 20 2023, 10:21 AM
em_on
post Jul 20 2023, 10:38 AM

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QUOTE(soulred777 @ Jul 20 2023, 10:06 AM)
I attended to the townhall. So this info is legit.
*
oh, if it's materialized then it's good!
Ckmwpy0370
post Jul 20 2023, 11:45 AM

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QUOTE(soulred777 @ Jul 20 2023, 10:06 AM)
I attended to the townhall. So this info is legit.
*
may be just a proposal only.
PAChamp
post Jul 20 2023, 02:19 PM

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QUOTE(Longshot @ Jul 19 2023, 08:43 PM)
Boss, you are right.
My concentration is mainly at the southern of KV and northern is not my fort. Only certain township towards the north capture my attention.
If you seen my post, I normally won't comment anything unless I have done my homework and data crouching. Also I have limited time and resources, so I can't cover every township. Of course Coalfield, Kubdang or GG are notable township and worth mentioning but as I said, just can't cover all of them.

Yes, Elmina master plan has those but the most notable one is the mall and industrial lots. For the mall, it remains to be seen if SDP can pull it off to make it a happening place. I believe it is doable as there is no decent size mall nearby but need to exercise caution as sdp track record in recent years for commercial is not exactly excellent. If you look at Bukit Jelutong (BJ) commi, they aren't doing very well. Good enough for basic needs but when one needs something more, one has to travel further. Fair enough BJ was not develop by SDP but mall development is no walk in the park.

The industrial lots are also a concern. Having an industrial plot so far away from the air/freight port might not make much sense.

It's good to analyze the master plan and note what's being plan but it is also important to see if it makes sense and what being planned will complement, enhance and sustainable for the township purpose and direction.

Coming back to the purpose of this thread, capital appreciation for landed in the next 10 years or so, as I said, I'll aim for capital preservation instead.
*
I am not very sure on this but i believe that the ECRL connects to Puncak Alam which is near Elmina industrial lots. As part of the China's BRI exports to china will make plenty of sense. I put my bet on Elmina as it is freehold and will be my retirement home plus something to leave to my future generations. You won't have to worry SDP will abandon the project as they have very deep pockets and that area is poised to be the most upmarket in the surrounding developments. I actually went to enquire about MKH property in puncak alam and the sales guy said if he had money he will buy in elmina ...
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post Jul 20 2023, 04:08 PM

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QUOTE(Ckmwpy0370 @ Jul 20 2023, 11:45 AM)
may be just a proposal only.
*
You got attend the townhall organised by the DUN and ADUN?
Ckmwpy0370
post Jul 20 2023, 05:17 PM

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QUOTE(soulred777 @ Jul 20 2023, 04:08 PM)
You got attend the townhall organised by the DUN and ADUN?
*
biggrin.gif anything can be changed
MasBoleh!
post Jul 20 2023, 06:08 PM

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QUOTE(Longshot @ Jul 19 2023, 08:43 PM)
Boss, you are right.
My concentration is mainly at the southern of KV and northern is not my fort. Only certain township towards the north capture my attention.
If you seen my post, I normally won't comment anything unless I have done my homework and data crouching. Also I have limited time and resources, so I can't cover every township. Of course Coalfield, Kubdang or GG are notable township and worth mentioning but as I said, just can't cover all of them.

Yes, Elmina master plan has those but the most notable one is the mall and industrial lots. For the mall, it remains to be seen if SDP can pull it off to make it a happening place. I believe it is doable as there is no decent size mall nearby but need to exercise caution as sdp track record in recent years for commercial is not exactly excellent. If you look at Bukit Jelutong (BJ) commi, they aren't doing very well. Good enough for basic needs but when one needs something more, one has to travel further. Fair enough BJ was not develop by SDP but mall development is no walk in the park.

The industrial lots are also a concern. Having an industrial plot so far away from the air/freight port might not make much sense.

It's good to analyze the master plan and note what's being plan but it is also important to see if it makes sense and what being planned will complement, enhance and sustainable for the township purpose and direction.

Coming back to the purpose of this thread, capital appreciation for landed in the next 10 years or so, as I said, I'll aim for capital preservation instead.
*
Hi Longshot,

That's a very nice analysis, what you said indeed make sense especially what are the use of industrial lots when they are so far away from the air/freight port.

Fortunately, the government has already foreseen this, and the plans are in motion.

(1) Freight.

There's a ECRL's station (confirmed to be in motion) which will connects Puncak Alam (near to Elmina's industrial lots) to major seaports both western and eastern of peninsular Malaysia.

QUOTE
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has announced the approval to construct a Northern Alignment East Coast Rail Link (ECRL) station here (Puncak Alam).


(2) Air Cargo
Our current Transport Ministry is determined to proceed with the proposition to redevelops Subang Airport which again near to the vicinity of Elmina.

QUOTE
Transport Minister Anthony Loke on Monday (Feb 6) said that the redevelopment works under the Subang Airport Regeneration Plan (SARP) will upgrade the airport into a “regional aviation hub”.


That's why I also mentioned about Chinese private and also primary school on top of the existing international and kebangsaan schools that we have in the vicinity of Elmina, this will spur a more diverse races in the area. These are the extra catalysts that I can see for now when comparing Elmina to its neighbouring township like Bukit Jelutong etc.

The industrial lots and commercial areas (offices) in the city centre of Elmina, hopefully will play a better role and it will be nice to get MSC status extends from Ara Damansara to Elmina.

QUOTE(PAChamp @ Jul 20 2023, 02:19 PM)
I am not very sure on this but i believe that the ECRL connects to Puncak Alam which is near Elmina industrial lots. As part of the China's BRI exports to china will make plenty of sense. I put my bet on Elmina as it is freehold and will be my retirement home plus something to leave to my future generations. You won't have to worry SDP will abandon the project as they have very deep pockets and that area is poised to be the most upmarket in the surrounding developments. I actually went to enquire about MKH property in puncak alam and the sales guy said if he had money he will buy in elmina ...
*
That's right ! And SDP actually has long track record of building townships, so Elmina is like their latest version of implementation based on all the knowledge and experiences that they garnered in the past (previous version) , so the chances of screwing up is less likely tongue.gif If all according to the original Masterplan, then things won't be that bad biggrin.gif

This post has been edited by MasBoleh!: Jul 20 2023, 06:08 PM
soulred777
post Jul 20 2023, 07:40 PM

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QUOTE(Ckmwpy0370 @ Jul 20 2023, 05:17 PM)
biggrin.gif anything can be changed
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True also 😅
Inc. 100
post Jul 20 2023, 09:53 PM

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For an experienced property investor, knowledge is lacking. Commercial (aka shoplots) will always be lacklustre in Malay dominated areas, simply because there are only so many coffee and cafes and convenience stores and mamaks that can go into one commercial spot. And for the prices of SD shoplots and the going rental rates, Malay restaurants would have to charge RM25 for a plate of nasi lemak ayam goreng berempah, which no one will be paying when they can get it for rm5 from a roadside stall or warung just a stone's throw away. It is no coincidence that places like Kota Damansara, Uptown, Sri Petaling, Kuchai, USJ, Puchong, PJ etc, places that are deemed commercially 'vibrant', are in Chinese areas - hotpot, mala, panmee, karaoke, happy hour, izakaya, yakiniku, ramen, ice cream, dessert, Italian etc all become viable

In Malay dominated areas however, malls reign supreme (see IOI City Mall). And with the lakeside mall and huge park, it will become the destination

This post has been edited by Inc. 100: Jul 20 2023, 09:54 PM
Longshot
post Jul 21 2023, 08:54 AM

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QUOTE(MasBoleh! @ Jul 20 2023, 06:08 PM)
Hi Longshot,

That's a very nice analysis, what you said indeed make sense especially what are the use of industrial lots when they are so far away from the air/freight port.

Fortunately, the government has already foreseen this, and the plans are in motion.

(1) Freight.

There's a ECRL's station (confirmed to be in motion) which will connects Puncak Alam (near to Elmina's industrial lots) to major seaports both western and eastern of peninsular Malaysia.
(2) Air Cargo
Our current Transport Ministry is determined to proceed with the proposition to redevelops Subang Airport which again near to the vicinity of Elmina.
That's why I also mentioned about Chinese private and also primary school on top of the existing international and kebangsaan schools that we have in the vicinity of Elmina, this will spur a more diverse races in the area. These are the extra catalysts that I can see for now when comparing Elmina to its neighbouring township like Bukit Jelutong etc.

The industrial lots and commercial areas (offices) in the city centre of Elmina, hopefully will play a better role and it will be nice to get MSC status extends from Ara Damansara to Elmina.
That's right ! And SDP actually has long track record of building townships, so Elmina is like their latest version of implementation based on all the knowledge and experiences that they garnered in the past (previous version) , so the chances of screwing up is less likely tongue.gif If all according to the original Masterplan, then things won't be that bad biggrin.gif
*
Bosses,
I'm not saying Elmina is not good.
I'm just highlighting the possibility it might not achieve what the thread starter wanted in terms of capital appreciation. Using Bukit Jelutong and Denai Alam as a guide, the appreciation feel rather stagnant if you refer to Napic report for 1st half of 2022. However, it doesn't mean there is no appreciation. If the TS or bosses here expect the psf to hit RN1kpsf in 10 years time, then it's very unlikely but a modest rate might be achievable. It's about expectation of your ROI which different individuals will have different ROI expectations. That's why I moved away from appreciation to say it is better to look at capital preservation in line with inflation rate. This is a more define level where everyone can relate to and if the increase goes above the inflation rate, then it's extra.

In regards to catalyst, the ECRL in Puncak Alam, if I am not mistaken, it is a passenger only station (please double check, I vaguely remember seeing this at a website report) which means it lack the goods handling capabilities at the station.

In terms of air freight, it doesn't help much as air freight cost is extremely high. Of course it also depends on type of goods, hence the industrial lots could be for niche market. It really difficult to say what is the outcome of the industrial lots but in terms of location far away from main port, I would say it is at a disadvantage. Unless prices are attractive and compensating factors can mitigate the distance issue. There will still be buyers as some might be find it appealing if there base of operation is around that area. Many factors to consider when looking at industrial lots.

Schools are important and boost the place up. Especially Chinese school but it does take time especially where the initial teachers are coming from and for the school to establish itself. Other township also have schools, even better schools and their houses price could be more attractive, potential buyers or the market will compare and evaluate.

As I said, it's good but you have to see your entry price and compare vis a vis with other township nearby.

Looking at it has schools, highway, industrial lots, malls etc in silo without comparison is not a good way to arrive at a conclusion. You have to make comparison and manage your expectations.

Hope bosses find the above sharing from a toilets cleaner helpful.

Have to start washing toilets, almost 9.00am




PAChamp
post Jul 21 2023, 10:03 AM

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QUOTE(Longshot @ Jul 21 2023, 08:54 AM)
Bosses,
I'm not saying Elmina is not good.
I'm just highlighting the possibility it might not achieve what the thread starter wanted in terms of capital appreciation. Using Bukit Jelutong and Denai Alam as a guide, the appreciation feel rather stagnant if you refer to Napic report for 1st half of 2022. However, it doesn't mean there is no appreciation. If the TS or bosses here expect the psf to hit RN1kpsf in 10 years time, then it's very unlikely but a modest rate might be achievable. It's about expectation of your ROI which different individuals will have different ROI expectations. That's why I moved away from appreciation to say it is better to look at capital preservation in line with inflation rate. This is a more define level where everyone can relate to and if the increase goes above the inflation rate, then it's extra.

In regards to catalyst, the ECRL in Puncak Alam, if I am not mistaken, it is a passenger only station (please double check, I vaguely remember seeing this at a website report) which means it lack the goods handling capabilities at the station.

In terms of air freight, it doesn't help much as air freight cost is extremely high. Of course it also depends on type of goods, hence the industrial lots could be for niche market. It really difficult to say what is the outcome of the industrial lots but in terms of location far away from main port, I would say it is at a disadvantage. Unless prices are attractive and compensating factors can mitigate the distance issue. There will still be buyers as some might be find it appealing if there base of operation is around that area. Many factors to consider when looking at industrial lots.

Schools are important and boost the place up. Especially Chinese school but it does take time especially where the initial teachers are coming from and for the school to establish itself. Other township also have schools, even better schools and their houses price could be more attractive, potential buyers or the market will compare and evaluate.

As I said, it's good but you have to see your entry price and compare vis a vis with other township nearby.

Looking at it has schools, highway, industrial lots, malls etc in silo without comparison is not a good way to arrive at a conclusion. You have to make comparison and manage your expectations.

Hope bosses find the above sharing from a toilets cleaner helpful.

Have to start washing toilets, almost 9.00am
*
Actually you are right and thanks for pointing it out that ECRL station in Puncak Alam is a passenger station. Its great for folks who wanna go to the east coast then (no need go to KL sentral) and hopefully it will encourage the government to link up the MRT to the ECRL with a MRT station in Elmina , then this guy will be fully satisfied with MRT connection without need to drive to KL. The early buyers in Elmina have already suffered much with the lack of commercials and the lack of connectivity to the area but all this is changing with dash and commercial lots ready and a mall in construction. Which is why it is a good time to enter with the place being more livable now. Of course the new launches are much more expensive and those who suffered earlier gain capital appreciation.

rizerlee
post Jul 21 2023, 10:15 AM

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QUOTE(MasBoleh! @ Jul 20 2023, 06:08 PM)
Hi Longshot,

That's a very nice analysis, what you said indeed make sense especially what are the use of industrial lots when they are so far away from the air/freight port.

Fortunately, the government has already foreseen this, and the plans are in motion.

(1) Freight.

There's a ECRL's station (confirmed to be in motion) which will connects Puncak Alam (near to Elmina's industrial lots) to major seaports both western and eastern of peninsular Malaysia.
(2) Air Cargo
Our current Transport Ministry is determined to proceed with the proposition to redevelops Subang Airport which again near to the vicinity of Elmina.
That's why I also mentioned about Chinese private and also primary school on top of the existing international and kebangsaan schools that we have in the vicinity of Elmina, this will spur a more diverse races in the area. These are the extra catalysts that I can see for now when comparing Elmina to its neighbouring township like Bukit Jelutong etc.

The industrial lots and commercial areas (offices) in the city centre of Elmina, hopefully will play a better role and it will be nice to get MSC status extends from Ara Damansara to Elmina.
That's right ! And SDP actually has long track record of building townships, so Elmina is like their latest version of implementation based on all the knowledge and experiences that they garnered in the past (previous version) , so the chances of screwing up is less likely tongue.gif If all according to the original Masterplan, then things won't be that bad biggrin.gif
*
ECRL Puncak alam and Kapar station are both passenger station only.

The nearest ECRL freight station is Serendah which doesn't make sense to support Elmina.
rizerlee
post Jul 21 2023, 10:20 AM

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QUOTE(PAChamp @ Jul 21 2023, 10:03 AM)
Actually you are right and thanks for pointing it out that ECRL station in Puncak Alam is a passenger station. Its great for folks who wanna go to the east coast then (no need go to KL sentral) and hopefully it will encourage the government to link up the MRT to the ECRL with a MRT station in Elmina , then this guy will be fully satisfied with MRT connection without need to drive to KL. The early buyers in Elmina have already suffered much with the lack of commercials and the lack of connectivity to the area but all this is changing with dash and commercial lots ready and a mall in construction. Which is why it is a good time to enter with the place being more livable now. Of course the new launches are much more expensive and those who suffered earlier gain capital appreciation.
*
If i'm government i'll construct a circle line to connect LRT1 , LRT 2 , LRT3 , MRT1 and MRT2 from Klang all the way to Kajang.
It may serving Klang, Shah Alam, Puncak Alam, Saujana Putra, Putrajaya, Cyberjaya, Cheras and Kajang which incumbent population and potential population growth much better than Elmina, Puncak Alam and Kundang direction.

some more Port Klang, KLIA and National Administrative Centre - Putrajaya also located in this area.
TSwolftheyorkie
post Jul 21 2023, 03:22 PM

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I’m still quite bullish for Kajang/ Semenyih especially with the completion of the EKVE, the prosperity of Putrajaya and the proximity to IOI City Mall, as well as the transformation of Cheras which seems to be exploding.

But I really like the term “ wealth preservation “ instead of capital appreciation.
hampc
post Jul 22 2023, 12:51 AM

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QUOTE(Longshot @ Jul 21 2023, 08:54 AM)
Bosses,
I'm not saying Elmina is not good.
I'm just highlighting the possibility it might not achieve what the thread starter wanted in terms of capital appreciation. Using Bukit Jelutong and Denai Alam as a guide, the appreciation feel rather stagnant if you refer to Napic report for 1st half of 2022. However, it doesn't mean there is no appreciation. If the TS or bosses here expect the psf to hit RN1kpsf in 10 years time, then it's very unlikely but a modest rate might be achievable. It's about expectation of your ROI which different individuals will have different ROI expectations. That's why I moved away from appreciation to say it is better to look at capital preservation in line with inflation rate. This is a more define level where everyone can relate to and if the increase goes above the inflation rate, then it's extra.

In regards to catalyst, the ECRL in Puncak Alam, if I am not mistaken, it is a passenger only station (please double check, I vaguely remember seeing this at a website report) which means it lack the goods handling capabilities at the station.

In terms of air freight, it doesn't help much as air freight cost is extremely high. Of course it also depends on type of goods, hence the industrial lots could be for niche market. It really difficult to say what is the outcome of the industrial lots but in terms of location far away from main port, I would say it is at a disadvantage. Unless prices are attractive and compensating factors can mitigate the distance issue. There will still be buyers as some might be find it appealing if there base of operation is around that area. Many factors to consider when looking at industrial lots.

Schools are important and boost the place up. Especially Chinese school but it does take time especially where the initial teachers are coming from and for the school to establish itself. Other township also have schools, even better schools and their houses price could be more attractive, potential buyers or the market will compare and evaluate.

As I said, it's good but you have to see your entry price and compare vis a vis with other township nearby.

Looking at it has schools, highway, industrial lots, malls etc in silo without comparison is not a good way to arrive at a conclusion. You have to make comparison and manage your expectations.

Hope bosses find the above sharing from a toilets cleaner helpful.

Have to start washing toilets, almost 9.00am
*
In my opinion, having an ECRL train station at the proximity has its pros and cons.
Pros: If one needs to go the east coast of Penisula Malaysia often e.g. balik kampung etc

Cons: 1) Traffic congestion from train passengers heading to and from the train station
2) Noisy train sound and noise pollution
3) and potentially industrial train accidents like those happening in US e.g. h t t p s : / / www.nbcnews.com/health/health-news/ohio-train-derailment-hazardous-
chemical-polluted-air-rcna93640


For me, the cons outweigh the pros. if given a choice I would not choose to live anywhere near an ECRL station but for someone with relatives on the east coast...it could be a different story.

bigman
post Jul 22 2023, 06:54 AM

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QUOTE(rizerlee @ Jul 21 2023, 10:20 AM)
If i'm government i'll construct a circle line to connect LRT1 , LRT 2 , LRT3 , MRT1 and MRT2 from Klang all the way to Kajang.
It may serving Klang, Shah Alam, Puncak Alam, Saujana Putra, Putrajaya, Cyberjaya, Cheras and Kajang which incumbent population and potential population growth much better than Elmina, Puncak Alam and Kundang direction.

some more Port Klang, KLIA and National Administrative Centre - Putrajaya also located in this area.
*
I think you mis-interpret MRT circle line… LRT lines won’t be included in MRT circle line … the purpose of circle line is to connect major neighbourhoods and major areas in KV which previously anot covered by MRT line 1 and 2 . The Circle Line to be built in circular loop … not branches

This post has been edited by bigman: Jul 22 2023, 06:55 AM
bat11
post Jul 22 2023, 10:13 AM

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QUOTE(hampc @ Jul 18 2023, 10:17 PM)
My opinion differs from yours.
I used to live and own a condo in town. Now move and live in landed property outskirt.
No regret at all. I really prefer landed property in outskirt. Kids happy, family happy and pet happy.
Spending some extra time on the road is just a small sacrifice for me for the kids, family, and pet. :-)

My next goal is to buy a Tesla with autopilot and install a solar panel.

If I am in a condo, owning a Tesla will be a pain (no place to charge the car) and I cant save money on electricity e.g. solar panel.
*
Me too. I think yr suggestion for a Tesla is good. hahahaha
Aaron212
post Jul 22 2023, 10:15 AM

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QUOTE(wolftheyorkie @ Jul 21 2023, 11:22 AM)
I’m still quite bullish for Kajang/ Semenyih especially with the completion of the EKVE, the prosperity of Putrajaya and the proximity to IOI City Mall, as well as the transformation of Cheras which seems to be exploding.

But I really like the term “ wealth preservation “ instead of capital appreciation.
*
if u like kajang u can look into kajang 2 freehold 2 storey terrace

can hold 5 to 10 years

previously is survey there caz im familiar with kajang but didnt proceed due to shady agent but i guess its just individual problem and not MKH fault
rizerlee
post Jul 25 2023, 10:58 AM

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QUOTE(bigman @ Jul 22 2023, 06:54 AM)
I think you mis-interpret MRT circle line… LRT lines won’t be included in MRT circle line … the purpose of circle line is to connect major neighbourhoods and major areas in KV which previously anot covered by MRT line 1 and 2 . The Circle Line to be built in circular loop … not branches
*
I'm proposing idea of circle line which different with MRT3.
by constructing a circle line at outer KV starting with Phase 1 at South Klang Valley may connecting all existing 3 LRT , 2 MRT , KTM Komuter and ERL.
It will improve alot in term of connectivity.

i don't think KL downtown will still require any further construction of MRT.
It is already dense enough and we need to start thinking about decentralization to reduce too much traffic in downtown.
mingyew
post Jul 25 2023, 11:14 AM

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QUOTE(rizerlee @ Jul 25 2023, 10:58 AM)
I'm proposing idea of circle line which different with MRT3.
by constructing a circle line at outer KV starting with Phase 1 at South Klang Valley may connecting all existing 3 LRT , 2 MRT , KTM Komuter and ERL.
It will improve alot in term of connectivity.

i don't think KL downtown will still require any further construction of MRT.
It is already dense enough and we need to start thinking about decentralization to reduce too much traffic in downtown.
*
Exactly. Example, it is difficult to go from Pavillion Bukit Jalil to PJ SS2 or Kepong. A lot od missing link, like gombak and selayang. the money should be serve more people.
RexChou
post Apr 29 2024, 03:01 PM

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I will choose Gamuda Cove area, seriously their township concept is quite good.
bigman
post Apr 29 2024, 03:38 PM

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QUOTE(RexChou @ Apr 29 2024, 03:01 PM)
I will choose Gamuda Cove area, seriously their township concept is quite good.
*
too naïve too raw...
RexChou
post Apr 29 2024, 04:27 PM

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QUOTE(bigman @ Apr 29 2024, 03:38 PM)
too naïve too raw...
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Why said so?
rumahwip
post Apr 30 2024, 07:21 AM

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elmina
BoonieTan
post Apr 30 2024, 08:32 AM

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QUOTE(bigman @ Apr 29 2024, 03:38 PM)
too naïve too raw...
*
Pray tell?

 

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