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 Best new landed township

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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
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
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.
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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
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
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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
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.
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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 ...
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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

 

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