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In KL, a mature neighbourhood below RM500,000.

I like mature neighbourhoods especially for own stay. Just a few weeks ago, an old friend called and asked if I would like to have a cup of latte. I immediately agreed and went to fetch him. His place was in Taman Desa. It was my first time driving into Taman Desa. I felt good. Trees lined up the roads, it looks clean and has many of the usual amenities like schools, rows of shops, banks, petrol stations. There were NO new developments being developed and the feeling in one word was comfortable. There was little need to speed, somehow.
taman desa1
So, I researched a bit and found out from iproperty that should you want to stay in this mature neighbourhood, there are still choices below RM500,000. In terms of actual developments close to 1,000sf for below RM500,000, there were not many choices though, I found just two. Please refer to the image. There are also other project with smaller units, you may search for it yourself. For a family, I think something closer to 1,000sf or higher would be preferable. If you have baby, you would need that extra room for your helper, whoever the person may be.
tamandesa2
If you stretch the budget up till RM600,000, then the choices increase. You would have Tiara Faber, Abadi Villa and Faber Ria. What about some additional information about Taman Desa? A check with propsocial.my revealed the following additional information which I think really validates this as a mature neighbourhood. There are NO new developments being planned. There are a total of 27 property developments within this area BUT there are no malls. This may explain why prices have remained at the levels of slightly below RM500psf till today. You may refer here: taman desa
Personally, if you are looking for a place to invest with a higher chance of price appreciation, this may not be your better bet. Prices can normally move because of a few reasons, most of the time, new developments which tend to be slightly more expensive and this brings up the level of that area higher. Alternatively, a catalyst project like how Twin Towers brought up the whole KLCC area higher. Otherwise, the price appreciation is gradual which is not good when you look at it on a longer term basis. Happy selecting your own home sweet home.
written on 30 June 2015
next suggested article: Ready, steady, grab the opportunity. (KLCC area)
 


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0 responses

  1. There will be one new upcoming project in Taman Desa :). Tiara Faber, Abadi Villa and Faber Ria are just too old to me may be Tiara Faber is okay. Don’t get me wrong, there are plenty of good and newly completed along in old klang road, some are better than Tmn desa old condo, e.g kuchai lama, Oug, and most good one just completed by boutique developer.

    1. Fadzilah, for secondary properties, the most important thing is the maintenance. If you are satisfied with its maintenance, then you can see if you like the layout, if you like the convenience, the location and so on. I checked. I think the prices psf for PV6 is still below that of new launches today. In fact, for a 1,328sf, the prices today still looks attractive, especially with 2 car parks. The size is suitable for family. Happy looking and deciding.

        1. Hi Fadzilah, personally, I like Taman Desa and RM600k for own stay is ok / good. the prices in the area is around this price. If intention is to buy and resell, then the target market is limited.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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