Park City Damansara (PJ East) in Kwasaland, app 590 acres last piece of Jewel in PJ
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 Sep 6 2025, 11:46 AM
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#1
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Junior Member
483 posts Joined: May 2009 
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QUOTE(LDP @ Sep 5 2025, 09:11 PM) Harga orang atas....how can younger generation afford a landed house in PJ ? 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.  |
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Sep 6 2025, 04:53 PM
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#2
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Junior Member
483 posts Joined: May 2009
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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, 08:57 PM
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#3
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Junior Member
483 posts Joined: May 2009
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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, 12:24 PM
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#4
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Junior Member
483 posts Joined: May 2009
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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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