Is Mont Kiara over supply or under supply of condos nia? I'm worried can't make money nia...
Investment KIARA 163 @ MONT KIARA | SOVO | HOTEL S | THE OOAK, With Thematic Retail Podium
Investment KIARA 163 @ MONT KIARA | SOVO | HOTEL S | THE OOAK, With Thematic Retail Podium
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Jun 26 2018, 07:22 PM
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Senior Member
1,078 posts Joined: Jun 2007 From: Abu Dhabi, UAE |
Is Mont Kiara over supply or under supply of condos nia? I'm worried can't make money nia...
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Jun 26 2018, 11:16 PM
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Senior Member
3,665 posts Joined: Aug 2014 |
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Jun 27 2018, 12:16 AM
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#563
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Senior Member
600 posts Joined: Apr 2017 |
Definitely over supply with whatever coming up.
Though still lots of local will like to move to MK.... |
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Jun 27 2018, 12:21 AM
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Junior Member
786 posts Joined: May 2018 |
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Jun 28 2018, 11:56 AM
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#565
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Senior Member
754 posts Joined: Apr 2017 |
QUOTE(hazwan_zohdi @ Jun 26 2018, 07:22 PM) 1. Do u mean Mixed development with mall or just residential condo oversupply? 2. Comparing which type of layout oversupply? Studio 1bedroom 2bedrooms 3bedrooms Big units / family size units Super condo 3. Pricing of oversupply units?? Do u refer to Condo which are priced above Mont Kiara median pricing 1.1million or below? 4. No. Of units Vs Age of unit Supply for Age below 5 years Supply for Age below 10years And supply for Age above 10years Maybe this will help answer your questions more accurately Use Data to validate. |
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Jun 28 2018, 02:24 PM
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#566
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Senior Member
1,678 posts Joined: Mar 2016 |
Sometimes, d problem is not oversupply per se, but d area MK may b "over-classed"...
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Jun 28 2018, 02:26 PM
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All Stars
10,188 posts Joined: Apr 2012 |
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Jun 28 2018, 02:57 PM
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Senior Member
2,365 posts Joined: Aug 2008 |
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Jun 28 2018, 03:44 PM
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Senior Member
1,678 posts Joined: Mar 2016 |
How can I put it...
It's like sometimes u see a pretty, well dressed woman and u feel daunted to approach her. In actuality, she's a warm and easygoing person and, really, her "psf price" isn't that high. A lot of people can actually afford MK. But they "feel" under-classed because they may only sell BKT or doing SME family biz etc. But hello, these people r loaded. |
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Jun 29 2018, 08:42 AM
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2,365 posts Joined: Aug 2008 |
Ok understand now.
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Jun 29 2018, 08:46 AM
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2,396 posts Joined: Aug 2016 |
QUOTE(propertybuddy @ Jun 28 2018, 11:56 AM) 1. Do u mean Mixed development with mall or just residential condo oversupply? This type of answering macam my IT department. I have one issue (I.e can’t print) but kena asked 10 questions by them instead 🤦♂️2. Comparing which type of layout oversupply? Studio 1bedroom 2bedrooms 3bedrooms Big units / family size units Super condo 3. Pricing of oversupply units?? Do u refer to Condo which are priced above Mont Kiara median pricing 1.1million or below? 4. No. Of units Vs Age of unit Supply for Age below 5 years Supply for Age below 10years And supply for Age above 10years Maybe this will help answer your questions more accurately Use Data to validate. |
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Jun 29 2018, 10:54 AM
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Senior Member
754 posts Joined: Apr 2017 |
QUOTE(David_77 @ Jun 29 2018, 08:46 AM) This type of answering macam my IT department. I have one issue (I.e can’t print) but kena asked 10 questions by them instead 🤦♂️ haha.. that's normal problem solving steps. need to drill down to root cause. applies to any specialization ma... cost cant print can due to many possibility ie network, configuration, port, printer, pc, permission n so on.. |
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Jun 29 2018, 11:17 AM
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Senior Member
2,396 posts Joined: Aug 2016 |
QUOTE(propertybuddy @ Jun 29 2018, 10:54 AM) haha.. of course but still very distasteful that's normal problem solving steps. need to drill down to root cause. applies to any specialization ma... cost cant print can due to many possibility ie network, configuration, port, printer, pc, permission n so on.. |
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Jun 29 2018, 11:42 AM
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Senior Member
3,665 posts Joined: Aug 2014 |
QUOTE(deadravel @ Jun 26 2018, 05:53 PM) Go read back properly the whole page, you will see empat only said "sochai" in general but the one who said "my unit 1200 per month but some water fish PRC pay rent 3k" is siapa?Faham? I am the most clear headed among pipu here. This is the problems with many pipu. Get good rental not grateful lagi laugh at the tenant. |
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Jun 29 2018, 11:55 AM
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All Stars
20,146 posts Joined: May 2011 |
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Jun 29 2018, 12:16 PM
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Senior Member
2,396 posts Joined: Aug 2016 |
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Jul 4 2018, 07:30 AM
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#577
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Newbie
16 posts Joined: Apr 2018 |
QUOTE(David_77 @ Jun 29 2018, 11:17 AM) Yeah, that response felt like it’s a robot responding in this forum rather than a human. 🙄🙄🙄Talk like a human being la here. Hahaha! I love Mont Kiara. One of my best hunting ground so far. Where in Klang Valley today you have 5 international schools located in one small place? Expats generally will stay in MK but work in KLCC area. It’s one of the nicest upper class neighbourhood in city centre that you can find. And kudos to Sunrise for building such a nice enclave in the 90s. I think the question of oversupply in Mont Kiara is not new. With the expansion of the Kiara name, people are already naming Segambut Dalam areas into Kiara North, just like Kerinchi for Bangsar South. What is this telling us? People do want to stay in a “Kiara” nameplate area. Hey bro, where you stay? Mont Kiara. Woahhhh..... Hey bro, where you stay? Kepong 🐤🐤🐤 Yes the supply in Mont Kiara + Segambut is on the rise, coupled with Dutamas area, but there are only few properties in this few area today that’s selling at reasonable price which I think is worth our hard earn money. As with oversupply, the question that we need to ask is, where do you (as a family man or working adult) would want to stay? It’s not so much about the oversupply, but about the tendency for where ppl want to stay. If you are buying a property in a place even you yourself will want to stay, the question of oversupply will not arise. True, there are plenty of units lying around Mont Kiara and those satellite Kiaras, but how many of them are actually located in areas that is walking distance to malls and schools? Not many. 😉 I think the comment that “Mont Kiara has oversupply” is overrated. Which area in Selangor today don’t have oversupply? If you don’t want a lot of supply, better move to Kuala Kubu Baru, Kuala Pilah...etc. The more appropriate question to ask is “are people or even you going to stay in the property you’re about to buy?” This is where demographic analysis is important. Buy right product, you don’t have to worry about oversupply. Buy wrong product, even if got people (like buying those oversized pent houses near KLCC where in fact ppl actually need studio rather than penthouse), even in right location, you will die with massive debt. No pun intended. 😂 |
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Jul 4 2018, 08:26 AM
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Senior Member
3,665 posts Joined: Aug 2014 |
one of my neighbour unit rented to gwailou recently, he move from other "more happening" place to MK because he wants to be nearer GIS.
MK in general oversupply. but the right product is fine for own staying. |
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Jul 4 2018, 12:28 PM
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All Stars
20,146 posts Joined: May 2011 |
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Jul 4 2018, 01:47 PM
Show posts by this member only | IPv6 | Post
#580
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Newbie
16 posts Joined: Apr 2018 |
QUOTE(corleone74 @ Jul 4 2018, 08:26 AM) one of my neighbour unit rented to gwailou recently, he move from other "more happening" place to MK because he wants to be nearer GIS. Exactly bro. MK in general oversupply. but the right product is fine for own staying. Right product in right location you will not need to worry about oversupply. Wrong product in right location you will probably not gain much either. Need to know the product and the target demographics. |
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