Tuesday, June 17, 2008

New Phase of My Humble Abode?











After a long wait of 2 years I finally got a mail from Petaling Garden Bhd inviting me for the launch of their last phase of houses in Sri Petaling next weekend. The houses cost from RM470,000 for their 2 storey 22 x 80 link terrace. It was a far cry of RM350,000 per expected on it's selling price.

Nevertheless, still excited and went with the girls and Kelly to take a closer look at the opened gates - it was not completed but almost. I would say the handing over will be a few months from now.


I was not impressed by the designs at all. The facade looks 90's and the roads are tad narrow - would be impressed by a 40' width road tho' aha! On the inside, the quality of the built left so much to be desired. Would expect to throw in another RM200,000 for renovations (at the current building material prices). The layout is atrociously unpractical. Rooms facing each other, narrow staircases. Oh, BTW, I'm commenting on the 2-storey and the 2.5 storey link houses which I saw and photographed. No green lungs - sigh! Compared to my current abode, it hardly have any greens - or perhaps the landscaping will come by at a later stage.
The 2-storey link is definitely out as it faces 340degrees NNW or 160 degrees SSE (facing the Ipoh Chix Rice) - limited count as well 30 units.

The 2.5-storey link is bad for fengshui and I don't want to climb those stairs when I am or my missus is on wheelchair. The thing I like is the 3rd storey - big living area which i can turn into my workspace after work. RM520,000 and above however does not convince me to buy though.

Granted the building material cost have swelled and the inflation is inevitable but for that kind of money, I might as well find some place I really like and get a semi-detached house instead.
I have went to the MAPEX at Mid-Valley last weekend too just to scout at the prices, went through the claassifieds and went through some web-based real estate agency sites - it has left me a message - BUY QUICKLY THOSE HIDDEN GEMS TO HEDGE AGAINST INFLATION!





Me and my missus will be active in house auctions and the real estate again!

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