When oversupply is coming, the market will not say 'oversupply coming ya'. It happens when everyone gets their keys & suddenly so many units available & no tenants. Always a timelag between handover & tenants coming in, and when the supply reaches tipping point, may have to wait forever for tenant. I always keep in mind what happened to the opis market, in the doldrum for years.

If the famous mk area with famous developer can get soft, why not other place ? Have to remember that.

Those prop above 400k, can say proportion of investors r higher.

well said

I notice that our home buyers / investors (Chinese) are getting younger and younger, while the salary level has not seen a significant  improvement over the last ten years, yet we see so many youngsters (< 30)are buying more than 1 property, wat does it signify? 

mean you're > 30 year old...

many of our young peoples are well-paid in their industry.

If you refer patchay.com (accetera) blog, bout the KL future development projects, 3 alert signals...
1. The concept & design of highrise condo / service apartment is getting better & better, very futuristic. Now we are talking bout green concept (shd be the trend). Today's most beautiful condo can be overtake easily in a short time, besides that, condo occupy very small piece of land, this is the dangerous part.
2. at least 300 new highrise projects mainly in MK and KLCC LCG area (condo / soho / service apt) pouring into KV in 5 yrs down in the pipeline, do we hv such a high demand (for own stay / renting)?
3. The landed supply (average prime area in KV) has dropped < 3% since last year, the urgency is very clear, Landed property (regardless of freehold / leasehold) is much much safer bet.

IMHO, the bull run has carried on for sometimes, it is time for any investor to take precaution of...

What if mkt really crash (say 20%) averagely in 2013-2014, generally which type of sector will suffer the most??
Landed / highrise / shop / factories?
Landed has much better "depreciation" resistance...

If these 745sqft is selling at RM645k, then once completion how much will these units able to sell? RM800k for merely 745sqft that is only able to cater for couple without kids? Still I don't see the potential of this project, unless if you are targeting expatriate rental.

vacancy rate is so high in the new condos that VPéd 1-2 years ago including key mkt centres in KLCC, MK, Bangsar South, PJ, Subang Jaya, etc. Just take a drive to these places and count the units with lights on......sedih tapi benar!

Icon City should be no exception in the same fate......

counting the lights cannot give your the real numbers la.

unless you go there couting the same block for a continuous 90 days. take a snap shot and detect which units are totally no lights for the 90 days.



even the apartment I am staying now in a matured area of PJ also not many are lighting up sometimes. 

In search of good pontential landed with good price now ...

this kind of lousy location, pigeon hole size, more than half a million?

Top floor 1064 sq feet at 960k