My spouse and I developed a new hobby to drive around Ipoh to hunt for vacant land and houses. No hooks or nooks are left out. We are the first to go for any launching of a new project.
After 688 dys and seeing the 100th house, we knew what we are looking for.
1. Budget: A little stretch above comfort level is certainly good to encourage more savings for us. From the experience of our first house, we find that by the time we settle the loan our expectation is above that level. House is always an asset if we choose properly from the beginning. I think that goes with everything important in life e.g. spouse.
2. Location: This is the biggest factor to decide to value of the property. An exclusive and limited unit will certainly be sought after anytime. In Ipoh, Canning Garden and Chateau Garden are the champion. The main reason: Ipohite do not drive too far.
3. Freehold vs Leasehold: If PKR had granted freehold for all areas this will not be an issue. In Ipoh, limited areas are freehold. That again is the reason Canning and Chateau fetch the price that doubles or triples other areas. The newer areas of Botani and Klebang are freehold but far for Ipoh standard.
4. Gated and Guarded Community: The best is undeniably Sunway. Meru Valley Resorts and Uplands are good examples besides smaller places e.g. Pulai Heights and Sri Klebang. It is really a big attraction with climbing crime rates but security fee can be substantial.
No comments:
Post a Comment