Good Sunday morning everyone,

Hope you all have a great morning!

Would like the perspectives of all the sifu’s.

What is your take on the value of landed property? Will it continue to appreciate further or will it hit a certain ceiling price even after 10 years?

I understand that there are a lot of factors that come in to play. Especially factors such as location, whether it’s guarded or not, strata, micro elements, link houses or semi d’s etc

But for the sake of the argument here, let’s say for terrace house in places such as Ukay Perdana or Setapak. (Not the usual prime location such as PJ, Bangsar, Bukit Damansara etc)

Do share your views here.

As I personally believe that in some landed houses that they will hit a ceiling, take USJ 6 for example. I really don’t believe it will go up to a million and it probably has hit the price ceiling already.

House will continue appreciate bz of inflation.

Could you elaborate more on the inflation point?

As some people have stated that the property market in Malaysia has hit its peak

And to be fair, wages has not been up to par with inflation rates so it’s still not really possible for most young people to get a subsale landed that easily

So if the price keeps appreciating, will there be any buyers? When the older and more capable people have passed

Here is my thought, if the property is in Malay area it will be stagnant but if the property in majority non area it will appreciate


Prove me wrong

My friend stay in an upscale neighbourhood in BJ, a few of his neighbour are empty Semi-D and 1 bungalow lot...
Prices are high but no buyers at all...
It can appreciate all it wants, but reality is no buyer for 2years ady.. and it's not just 2-3unit...
At least 7-8unit is empty, his immediate neighbour just got a new buyer after empty for almost 2.5year... New owner used up almost 1m to own & renovate it...
Most of the owners are T20, I guess maybe their holding power and game plan is diff...

Thank you and this is the type of insight I was looking for

Ya I’ve asked around these high end developments and the agents told me that the buyers have strong holding power and will not let go at a loss

But I’m wondering what about the normal neighbourhoods? The typical terrace houses in mature developments such as Setapak or Ukay Perdana

Wonder if it’s the same for them as well

If your desired neighbourhood co sist of own-stayer, it'll be more like to see a healthy capital appreciation. If it's mainly investor, it'll have a very stagnant growth. Landed tends not to drop value so much as those who can afford 1 has better holding power.

Drive around that area, feel the community and how many lights on at night to gauge it.

Own stay tends to have more extensive extension, better interior na every niche design. Whereas investor tends to leave it empty or rent out as bare unit.

I personally only buy/invest in matured area. More stable growth, predictable crowd. When a matured area grow old, their offspring might take over, or younger rich crowd might take over when the price is right.

For subsale, better to drive around the area, see whether any young family moving in, and how many renovation on going. This is give you an idea whether that area is refreshing itself.

If you can buy a landed, presumably you are in executive level and young family.

Hope my thoughts helped you. Need to do your due diligence.

Cheers.

Thank you and I always appreciate your detailed sharing 👍🏻

Ya this is for me personally, as I’m wondering will subsale landed houses that are around RM700,000 to RM900,000 keep going up, and if so how am I supposed to get them in the future

And yes most of the neighbourhoods that I’m interested in are mostly residents who are buying it for own stay

I’m more surveying places such as Ukay Perdana, Taman Bukit Setiawangsa, some parts of Ampang and Bandar Sri Damansara

As far as my research goes, these neighbourhoods are filled with families for their own stay

1st, I am no sifu, just a toilet cleaner. Today public holiday, can busybody a bit.

2nd, USJ 6 values in future no one knows, unless you got a crystal ball than can see into the future or a time machine to go into the future.

Landed properties in the future, some will stagnant like those sold with future pricing by developer. Some will appreciate depending on location and product offered.

Where and which development will stay stagnant or appreciate will depends on several factors such as township development, local council plans, availability of amenities such as hospital, education, food, commercial shops, availability of jobs, transportation and top on all buyers mind is security (nowadays schools also not safe...jor) of the place / development.

Another often neglected point is can the development or place account for climate change. A nice place / taman can be ruined if it's infrastructure cannot handle the heavy rain down pour that will be happening in the future. Has the local council made plans (often these are in the local council 5 years planning) to address these issues and do they have the necessary funding to do it?

Parks, walkways, commercial shops, roads, rubbish collection, street lights, industrial zone, forest reserve, LRT/MRT stations, ESG etc surrounding the development, how are these handled and maintained and what are the future plans by the authorities either by council or state or federal level.

Any empty land plots within a 5km to 10km radius of a development, their land title and ownership needs to be determined to access any potential positive or negative impact on the development.

Another consideration is will the place be attractive to MM2H holders or expats that will potentially drive the prices up. Are there enough catalyst to attract these group of buyers to a development? What are these buyers looking for in a development?

So, will landed properties experience further price appreciation?
Yes, if it's location has all the right ingredients and everything is ngam2.
No if it's location doesn't have the right ingredients and there is nothing to support the demand of it.

Just my lousy RM 0.02 cents....ya

Thank you for this and appreciate your feedback 🙏🏻

yes

Yes will appreciate but by how much nobody will know & how long it takes

Yes , generally landed house price willl appreciate in town area, because no more or very less of landed property project.

Now in matured area, high rise residential project easily above 600k, if closed to city centre, easily 800k and above, if high end area all already above 1 mil.

Now the money depreciatation very strong, the hawker food already increase from RM 7 to RM 11.

But the property liquidity will drop due to income increment is behind the inflation, not matter condo or landed, it take time to get buyer in subsales market, unless owner willing to let go with below market price or with market price but maintain in very good condition.

My taman got one very poor maintained terrace house, when market price around 900k, he want to let go at 1mil, whole taman already got few transaction since day 1 he hang the banner, now after 4 years still empty and unsold.

My new house, a 30 years old terrace house, still few transaction after i bought, market price around 850k to 950k, many ppl buy and renovate, because the location is matured area. From end of last year until now, at least 10 unit is under a major renovation, i am not sure how many is new owner, how many is exisiting owner renovate their house, but it is very active for a 30 years old house.

Landed property appreciation will be slow in near future, should be impossible to have like previous rocket booming time.

Now most of the new buyers go to new project, subsales anded property only for cash rich buyer or someone wish to upgrade their house from condo to landed.

Thank you, this has been very informative

If you want to buy landed but are not cash rich, there are still new landed townships further away from the city center which don't require you to up front pay a lot of cash. I think there are still developer's who give 10% discount and absorb even the stamp duty. Do some research. But if you die die must buy in mature area, really need at least 30% - 40% cash up front (including for reno). in 2001 a 2 storey terrace house in Bandar Utama costs 500k (when new in the 90s it costs 200-300k), now selling at around 1.2 to 1.5 mil +- . Can your salary keep up?

For me, definitely I'll chose a mature location; hence why I'll be saving up but not going to get anything for the foreseeable future

The only 'new' project that is somewhat outskirt that I kinda like is Setia Eco Templer, I think that's the only one that I'm okay with for now

believe if price this , above area are quite good to get in, but need to concern about some low cost landed, especially in ampang zone.

I've seen a bit of low cost terrace in Ampang but their mostly in Bandar Baru and Tasik Tambahan, that range.

But I think Saujana Ampang, Bukit Indah and Taman Bukit Pandan Bistari is quite decent.

And of course if I have the money next time, definitely Taman TAR.

if low cost they do have a gap to selling of to next buyer, last time i plan to buy a corner below market , but in the end unable to transfer due to low cost. they have some district there , if low cost no sure the appreciate can be there or no since got limit for next buyer

For all these old areas (>30 years old) A small tips if you want to see certain area for long term capital appreciation by survey how many houses already undergoing major renovation (including rebuild and change facade).