QUOTE(nkhong @ Jul 17 2011, 12:01 PM)
I feel icon city land is too small too. Nowadays everything also people want big ... Big mall like one U ... Sunway and mid valley are very success. And also location Eco city is better than icon city, it is very close to mid valley and also bangsar.
Bro, what you think about the bangsar south condos? Still can enter since it also close to Eco city?
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...
This post has been edited by UFO-ET: Jul 17 2011, 12:22 PM