QUOTE(Relianne @ Sep 4 2025, 07:35 PM)
MaybePark City Damansara (PJ East) in Kwasaland, app 590 acres last piece of Jewel in PJ
Park City Damansara (PJ East) in Kwasaland, app 590 acres last piece of Jewel in PJ
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Sep 5 2025, 11:33 AM
Show posts by this member only | IPv6 | Post
#81
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Junior Member
361 posts Joined: Oct 2021 |
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Sep 5 2025, 11:34 AM
Show posts by this member only | IPv6 | Post
#82
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361 posts Joined: Oct 2021 |
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Sep 5 2025, 09:11 PM
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626 posts Joined: Sep 2011 |
Harga orang atas....how can younger generation afford a landed house in PJ ?
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Sep 6 2025, 11:46 AM
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#84
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483 posts Joined: May 2009 |
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Sep 6 2025, 02:53 PM
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626 posts Joined: Sep 2011 |
QUOTE(Gorila_ @ Sep 6 2025, 11:46 AM) Inherit from parents or work hard for it. Landed has never been cheap, even back then. PJ, subang was once suburban town. As city sprawl happens, it became city fringe. Dont agree that landed was never cheap...It was definitely affordable back then...I have been tracking prices of landed in PJ since the 80s, so yeah I know the price back then for single storey and double storey in PJ...This post has been edited by LDP: Sep 6 2025, 02:54 PM |
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Sep 6 2025, 04:53 PM
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#86
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QUOTE(LDP @ Sep 6 2025, 02:53 PM) Dont agree that landed was never cheap...It was definitely affordable back then...I have been tracking prices of landed in PJ since the 80s, so yeah I know the price back then for single storey and double storey in PJ... Agree and disagree at the same time. I sort of know the price also. 60k for kelana jaya, Taman mayang landed lor, but need 10k under table money. Subang during launch also 80k +/-. Average salary is 900 per month that time, but interest is 6-12%. Landed has never been cheap, I'll stick with that. Back then 20x60 is starter home due to land price being cheap. Nowadays starter home is 2 bedroom 2 bathroom apartment. Or RSKU/SAMM. Can still find a roof with less than 300k. Open market around 350-450k. Definition of starter home has changed, but owning a house is still within grasp of average salary man. Land price in city will continue to increase. Grab 1 if one can afford. Over 30 years, it'll appreciate. 6996 liked this post
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Sep 6 2025, 05:45 PM
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301 posts Joined: Nov 2013 |
30 yrs ago, my USJ house 22x75 cost only RM140k. Today same house subsale close to RM1.0m.
Entry price back then was low, so is salary. Now entry price is high but higher salary today still cannot chase entry price. I just wonder how on earth can fresh graduates can afford a house. This post has been edited by funniman: Sep 6 2025, 05:49 PM |
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Sep 6 2025, 08:57 PM
Show posts by this member only | IPv6 | Post
#88
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483 posts Joined: May 2009 |
QUOTE(funniman @ Sep 6 2025, 05:45 PM) 30 yrs ago, my USJ house 22x75 cost only RM140k. Today same house subsale close to RM1.0m. Many cheaper house available now. Landed house is a premium item. Entry price back then was low, so is salary. Now entry price is high but higher salary today still cannot chase entry price. I just wonder how on earth can fresh graduates can afford a house. My grandparents used to stay at kampung house with huge plot of land. Aka bungalow unit by todays standard. I don't seem to be able to afford bungalow when I'm a fresh grad as well. Houses getting smaller with growing population. That's a fact. You can't have infinite land to accomodate everyone. |
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Sep 7 2025, 09:36 AM
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626 posts Joined: Sep 2011 |
QUOTE(Gorila_ @ Sep 6 2025, 04:53 PM) Agree and disagree at the same time. Lets assume a DSL at PJ selling for 100K back then in the 80s....I sort of know the price also. 60k for kelana jaya, Taman mayang landed lor, but need 10k under table money. Subang during launch also 80k +/-. Average salary is 900 per month that time, but interest is 6-12%. Landed has never been cheap, I'll stick with that. Back then 20x60 is starter home due to land price being cheap. Nowadays starter home is 2 bedroom 2 bathroom apartment. Or RSKU/SAMM. Can still find a roof with less than 300k. Open market around 350-450k. Definition of starter home has changed, but owning a house is still within grasp of average salary man. Land price in city will continue to increase. Grab 1 if one can afford. Over 30 years, it'll appreciate. Gaji back then 1000 - 1200 a month...Lets say 1000 a month, a year is 12K...Lets assume thats the gross income for a year... A normal makan gaji person (not even senior executive or manager) can easily settle paying for that house within 8 - 9 years (100K/12K), stretching it to 10 years... Today, DSL at PJ selling 1.0M or more. I round it up to 1M to simplify my calculation. Gaji sekarang lets say on average 5K a month. In a year, 60K gross income. Take 1M/60K = 17 years, stretching to 20 years....easily... Its not becoming affordable like it was, hence middle class getting squeezed out ....A place can only prosper when there is a large middle class community. I know my maths above is not perfect (a lot of ppl will come and tembak me coz I didnt include this and that like gaji fresh grad sudah 4K so 5K so low, gaji sure naik mana ada static with 5K, why no downpayment, why parents never help to pay and blar blar blar) but I am just proving my point that its no longer affordable for younger gen to own a landed in PJ... This post has been edited by LDP: Sep 7 2025, 09:38 AM |
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Sep 7 2025, 10:15 AM
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301 posts Joined: Nov 2013 |
Still can get la.....just don't be so choosy on locations. Places in Shah Alam, Salak South, Sri Petaling...can get cheaper landed ones.
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Sep 7 2025, 12:24 PM
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#91
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QUOTE(LDP @ Sep 7 2025, 09:36 AM) Lets assume a DSL at PJ selling for 100K back then in the 80s.... An apartment in that area will go for 450-800k. Owning a home is still within affordability. Gaji back then 1000 - 1200 a month...Lets say 1000 a month, a year is 12K...Lets assume thats the gross income for a year... A normal makan gaji person (not even senior executive or manager) can easily settle paying for that house within 8 - 9 years (100K/12K), stretching it to 10 years... Today, DSL at PJ selling 1.0M or more. I round it up to 1M to simplify my calculation. Gaji sekarang lets say on average 5K a month. In a year, 60K gross income. Take 1M/60K = 17 years, stretching to 20 years....easily... Its not becoming affordable like it was, hence middle class getting squeezed out ....A place can only prosper when there is a large middle class community. I know my maths above is not perfect (a lot of ppl will come and tembak me coz I didnt include this and that like gaji fresh grad sudah 4K so 5K so low, gaji sure naik mana ada static with 5K, why no downpayment, why parents never help to pay and blar blar blar) but I am just proving my point that its no longer affordable for younger gen to own a landed in PJ... If you are the owner of such landed house, will you let go at 600k for fresh grad out of sympathy? Let's all be less of a hypocrite. Forcing government to lower house price, increase salary but refuse to sell your own house cheap. Even if median salary increase, your 1 mil landed suddenly becomes affordable, will the existing owner aka you, willing to still sell at 1 mil? You'll increase the price as market getting hot isn't it. It's openarket product, supply and demand will follow. The day property price come crashing, it's the day our economy becomes shit, or war time. No sane person wants that to happen . Since you are so all high and mighty, come sell me your PJ landed at 600k in accordance to your definition of affordability, I will gladly buy from you. This post has been edited by Gorila_: Sep 7 2025, 12:25 PM |
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Sep 7 2025, 12:50 PM
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#92
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626 posts Joined: Sep 2011 |
QUOTE(Gorila_ @ Sep 7 2025, 12:24 PM) An apartment in that area will go for 450-800k. Owning a home is still within affordability. I never said I am all high and mighty.If you are the owner of such landed house, will you let go at 600k for fresh grad out of sympathy? Let's all be less of a hypocrite. Forcing government to lower house price, increase salary but refuse to sell your own house cheap. Even if median salary increase, your 1 mil landed suddenly becomes affordable, will the existing owner aka you, willing to still sell at 1 mil? You'll increase the price as market getting hot isn't it. It's openarket product, supply and demand will follow. The day property price come crashing, it's the day our economy becomes shit, or war time. No sane person wants that to happen . Since you are so all high and mighty, come sell me your PJ landed at 600k in accordance to your definition of affordability, I will gladly buy from you. I never said I am selling at 600K. I never said I owned a landed home in PJ. I never said price has to come down. Dont twist and turn .. |
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Sep 7 2025, 01:56 PM
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#93
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QUOTE(LDP @ Sep 7 2025, 09:36 AM) Lets assume a DSL at PJ selling for 100K back then in the 80s.... Your point is spot on, landed house in prime PJ is no longer a starter home category vs 30years ago. I am not sure why the younger gen keep using landed home prices in PJ, Bangsar,Damansara etc as benchmark for their salary. Gaji back then 1000 - 1200 a month...Lets say 1000 a month, a year is 12K...Lets assume thats the gross income for a year... A normal makan gaji person (not even senior executive or manager) can easily settle paying for that house within 8 - 9 years (100K/12K), stretching it to 10 years... Today, DSL at PJ selling 1.0M or more. I round it up to 1M to simplify my calculation. Gaji sekarang lets say on average 5K a month. In a year, 60K gross income. Take 1M/60K = 17 years, stretching to 20 years....easily... Its not becoming affordable like it was, hence middle class getting squeezed out ....A place can only prosper when there is a large middle class community. I know my maths above is not perfect (a lot of ppl will come and tembak me coz I didnt include this and that like gaji fresh grad sudah 4K so 5K so low, gaji sure naik mana ada static with 5K, why no downpayment, why parents never help to pay and blar blar blar) but I am just proving my point that its no longer affordable for younger gen to own a landed in PJ... The prices will not crash down anyway as any weaknesses in prices will be quickly taken up home buyers. |
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Sep 8 2025, 01:33 PM
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QUOTE(gks @ Sep 7 2025, 01:56 PM) Your point is spot on, landed house in prime PJ is no longer a starter home category vs 30years ago. I am not sure why the younger gen keep using landed home prices in PJ, Bangsar,Damansara etc as benchmark for their salary. Todays starter home is affordable housing/rumahWIP/ rumah Selangorku etc. at 350K. If the government did not implement this, then the starter home is 500k average 2BR 2Bath. The young shoud be grateful the government is pushing hard on this as it means the rest of the property buyers are subsidising your affordable housing. However it also means property price is artificially suppressed by forced affordable supply. The prices will not crash down anyway as any weaknesses in prices will be quickly taken up home buyers. Agreed that landed homes in PJ,Bangsar, D'sara etc should not be starter home benchmark as this is where the educated and/or affluent make their homes. Go further out, you still can find more affordable homes but the travelling is bad. I am of the opinion that landed in prime areas will constantly appreciate. The trick now is to spot the new PJ/Bangsar/DPC before the area gets hot but there will be risks and drawbacks. |
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Sep 8 2025, 04:41 PM
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301 posts Joined: Nov 2013 |
Just behind this Kwasaland is Subang Bestari. It is along the perimeter road of this RRI land. There are some pretty decent double storey terrace houses in there, I believe around RM600k.
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Sep 30 2025, 04:11 AM
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#96
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Relianne liked this post
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Sep 30 2025, 07:01 AM
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#97
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69 posts Joined: Dec 2020 |
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Sep 30 2025, 10:46 AM
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1,181 posts Joined: May 2005 |
QUOTE(funniman @ Sep 6 2025, 05:45 PM) 30 yrs ago, my USJ house 22x75 cost only RM140k. Today same house subsale close to RM1.0m. In 1995 Malaysia GDP was RM160 bil, it is now 12x at RM2.0 trillion.Entry price back then was low, so is salary. Now entry price is high but higher salary today still cannot chase entry price. I just wonder how on earth can fresh graduates can afford a house. Population was 20 mil in 1995, it is now +75% to 35 mil. Do we see GDP and population growing at similar pace for next 30 years? |
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Sep 30 2025, 11:05 AM
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361 posts Joined: Oct 2021 |
QUOTE(Relianne @ Sep 30 2025, 07:01 AM) Landed starting from RM2mn and high rise from RM1.3mn.. Large sizes though. If I’m not mistaken the 1st phase is R2 - So the access will be from Jalan PJU 3/18 (on the right) or new access road from DASH on the left. Where is the entry/ exit for the development? If only through Kwasa side that's quite far.. Access road: https://maps.app.goo.gl/Dp1HFmk2G1zVH3ws8?g_st=ipc ![]() ![]() This post has been edited by Chady: Sep 30 2025, 11:08 AM |
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Sep 30 2025, 02:16 PM
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301 posts Joined: Nov 2013 |
QUOTE(kbandito @ Sep 30 2025, 10:46 AM) In 1995 Malaysia GDP was RM160 bil, it is now 12x at RM2.0 trillion. Buy where land is limited, don't buy where land is endless.Population was 20 mil in 1995, it is now +75% to 35 mil. Do we see GDP and population growing at similar pace for next 30 years? It is similar to population growth. More people, less land to share. |
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