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Investment GLOMAC RESIDENSI DAMANSARA [OWNERS' THREAD], Offices, Apartments, Retail @ TTDI
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Lic38
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Mar 13 2011, 10:14 AM
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it's quite expensive but the other strong going points is that, There are 5 high end office towers and 1 hospital within very short walking distance from there for rental purposes. There are two proposed MRT stations (Taman Tun (disputed) and Section 17) located walking distance of 500m away from there. Very good accessibility, much better than the Tropics. You get to KL direction and can skip the LDP part. Easy access to Taman Tun and PJ or the various Damansara. I guess it caters to these deep pocket guys who wants all the conveniences, lifestyle and a high end development
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Lic38
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Mar 13 2011, 10:20 AM
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Ah yeah just in case you don't see the 5 office towers.. they are all under construction
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Lic38
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Mar 13 2011, 01:54 PM
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New Member
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QUOTE(jet2020 @ Mar 13 2011, 10:24 AM) This MRT will never make it in 5yrs. 10yrs is more possible. Hence invest in GD and hoping for something to materialise in next 10yrs is very high risk. I will only invest when the MRT is completed or going to complete.....even the returns could be lower but the risk also much lower. Actually the MRT is just a bonus if it happens. I don't think you are buying and hoping that the MRT wil take place. People who are really speculating on the MRT and LRTs are those buying in very secluded locations at high prices without accessibility and without much other selling points. Locations that will fail if the MRT and LRTs doesn't take off. ie. K-residence, Z-residence, Pacific Place etc. Those projects have really factored in the MRT and LRT to the price but little on other factors.
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Lic38
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Mar 13 2011, 05:31 PM
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New Member
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QUOTE(GlobalKL @ Mar 13 2011, 02:30 PM) + Eve Suite/The Zest/Setiawalk/KL Eco City? ...But LRT expansion is quite confirmed and should be safer than MRT. MRT still open for debate and longer way to go... Yes and no. The Zest, Setiawalk and KL Eco City doesn't rely on LRT or MRT taking off but simillarly MRT/LRT would be a bonus. Those developments can stand very well on its own as they have their own points and already relatively good accessibility. Yeah LRT has a better chance relatively. But MRT is interesting too for the middle-higher income groups. Includes on its line is Sunway Giza, The Curve, RRI Development, Damansara Heights and One Utama.
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