Hi Bro Investor, do you mean houses with golf course view will be launched in the near future in the Hills precinct in Horizon Hills? Are they terrace, cluster or semi-D? Generally the terrace house does not get the Golf course view, right?
Yes you are right, only bungalows in the next launch of The Hills enjoy golf course view.
An intermediate lot (terrace house) with no Golf course view in the Hills precinct in the current launch already costs 800K+ in Horizon Hills. Would you mind sharing your guess for the price of a unit with Golf course view in the next launch in Horizon Hills?
You can definitely judge the value of a house by its ultimate selling price if you are buying it for your own stay as you are the one paying.
BUT, when it comes to an investment point of view, you'll have to judge the value in terms of PSF.
In terms of PSF, the price of a terrace in The Hills doesn't really have such a big gap like the way you see it, as you are comparing ultimate selling price. The terraces in The Hills are much bigger than those in earlier precinct. I didn't do any research in the pricing or size of terraces in The Hills versus older precincts, those are just my views based on my own logic.
Below is HH's statement which further endorses the simple logic of judging value by PSF. HH stated that he got his semi-d for RM 1.2 mil while his friend got his semi-d from the same row at the same time at RM 1.4 mil. So can you say that price increased by RM 200k when both semi-dees were being marketed at the same time?
One of my friends got his along my row for RM 1.4M ( same timing ) but the house is much bigger than mine.
Again for investment point of view, it'll be the best to put in more effort and try to find the best deals in Nusajaya, deals with pricing of 1 year plus ago like what Wuqi had found and secured. For me, I'm not getting a unit in The Hills purely for investment. I'm getting something which I really like and I get to enjoy it for free as I forsee that I'll definitely be able to sell it with profit in future(although the profit, in terms of percentage, will be lower than investing in better deals like what Wuqi
found, but I don't mind). The judgement of a future higher selling price is of course based on many factors.
So my guess, just a wild guess, for the PSF price of the next launch will be between 5-15% higher than present launch. Whereby the ultimate selling price of each unit, whether terrace or bungalow, depends on the size they intend to offer and build.
I still don't understand given the fact that most houses in the Hills precinct (for the past few launches and the current launch) don't have Golf course view, what make them so expensive? Is there anything special about the Hills precinct?
Many have answered your question as shown below in quotes. Additional reason is the one I stated above(compare in PSF).
Another reason I can add is that The Hills precinct is right in the middle of the entire Horizon Hills territory, completely surrounded by the other 12 precincts and gof course. Thus being the most secured location within Horizon Hills itself.
Imagine a robber with parang entering HH's territory from the outer perimeter fencing, do you think he will walk or run all the way trying to reach The Hills by passing thru so many other properties, roads, golf course and finally climbing up the slope to The Hills? Even if the robber drives into HH, there is no road(except if he is able to gain entrance into The Hills Precinct itself) which can let him gain access near to your house for a fast escape.
The Hills is expensive as its about one of the highest point in HH. Its also slightly more exclusive and the heads of the state have some property there as well.
Those in the hill with golf view are bungalow.. and expected to be snapped up during the Nov Isakandar Golf events.. No more semi-D will be built for next 2-3 years.
The hills are expected to come with better furnishing, fiber to the home, alarm direct to the guardhouse etc.. That is why the bangalow are selling 2.5 to 3M.. and corner terrace with land are at 1.1M and above..
From what I heard,
1st stretch of bungalows in The Hills facing golf course = RM2.2 mil to RM2.7 mil.
2nd stretch of bungalows in The Hills facing golf course = RM3.2 mil to RM3.7 mil.
Next launch = I dunno.
As bros here have already pointed out, better finishing and quality as well as better security.
The quality of the neighbours should(assumed but not 100%) be slightly higher and of course
with royalty there means tighter security.
Hi Mathstub,
Mine is not in the Hills.. Even though the link house are more expensive, they are also bigger as well, close to the size of my semi-D... and looked more modern...
I think they are quite solid houses.
yes, it apply to all the houses in the Hills precinct, direct alarm with panic button for emergency too.
They did do it differently for the premium prices.
Yes, in a way, kind of copying EL houses with the panic button.
According to the brochure, East Ledang's panick button not only link to Guardhouse but also to Nusajaya's command centre.
Actually , price there is not that high for the rich and well off . Imagine they can buy sentosa cove at s$30M , what is RM2M to these people .