QUOTE(UFO-ET @ Apr 9 2011, 11:20 AM)
Investing in property (especially for new project) involve some risks, risk of uncertainty, no one can tell what would the final result. However as an home buyer or investor, the more research we do, the clearer the pictures is, the chances of making mistake is minimized.
Unlike stock mkt, real estate in trading "Tangible" products, so long the location is ease of "accessible", and no matter how bad is the economy, if you can hold on to certain period, you will be able redeem back yr investment.
Bout the JJ proposal, seems like nothing concrete yet, but I alwiz think like this, if JJ is not coming, and imagine if you are the land owner who owns the 21 acres of land (where the LRT station and the car parks sitting on), what would you do with the remaining 70% of the empty land? Next to KESAS...
just for reference, The entire Mid Valley cities (Mid Valley, Hotels, The Garden, Office Block, Apts, roads etc) occupying 50 acres of land only, so 21 acres is in fact very very big, some more with the futures supply of new condos amounting to 8000 units in vicinity areas, this area will be packed with average middle to high income consumer group.
If the land owner do not take the advantage of positioning themselves into this growing mkt, then he/she must be gila aleli..
proposing something like JJ / Mall is definitely a right move...not likely build terrace hses (low profit), not likely to build condos (oversupply), shops (possible but no concept)
The best for this land is to build something like SV or Sunway Giza type of Complex, be positive towards the future of BJ, land is scarce
i always like to read yr analysis post so much broUnlike stock mkt, real estate in trading "Tangible" products, so long the location is ease of "accessible", and no matter how bad is the economy, if you can hold on to certain period, you will be able redeem back yr investment.
Bout the JJ proposal, seems like nothing concrete yet, but I alwiz think like this, if JJ is not coming, and imagine if you are the land owner who owns the 21 acres of land (where the LRT station and the car parks sitting on), what would you do with the remaining 70% of the empty land? Next to KESAS...
just for reference, The entire Mid Valley cities (Mid Valley, Hotels, The Garden, Office Block, Apts, roads etc) occupying 50 acres of land only, so 21 acres is in fact very very big, some more with the futures supply of new condos amounting to 8000 units in vicinity areas, this area will be packed with average middle to high income consumer group.
If the land owner do not take the advantage of positioning themselves into this growing mkt, then he/she must be gila aleli..
The best for this land is to build something like SV or Sunway Giza type of Complex, be positive towards the future of BJ, land is scarce
logical, reasonable and supported by fact & research data
salute u
Apr 9 2011, 05:07 PM

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