QUOTE(UFO-ET @ Jan 1 2012, 01:54 PM)
I believe majority of those purchasers who bought the recent new projects in Bkt Jalil are unaware of this mega project, some are buying for own stay, I believe many are investors who are looking for short term gain or rental play. Existing condos in BJ is bout 4500 units, new supply (including Parklane) in coming 4 yrs will hv 8000 units pouring into the mkt, the sign of over supply has emerged as I dun see there are increase of quality tenants in BJ.
if Jalil City never built, then around 12K units of condos in BJ vicinity, it is already a "great danger".
If Jalil City successfully runs, then another estimated 1500 - 2500 service apts wil be supplying to the mkt, it is not a good sign either.
Nevertheless, I foresee a huge jump of population in BJ by 2015, shop play is definitely a safer bet
Too hard to win in Condo... agreed to the dot that commercial is safer... if you bet on sri petaling shops is even saferif Jalil City never built, then around 12K units of condos in BJ vicinity, it is already a "great danger".
If Jalil City successfully runs, then another estimated 1500 - 2500 service apts wil be supplying to the mkt, it is not a good sign either.
Nevertheless, I foresee a huge jump of population in BJ by 2015, shop play is definitely a safer bet
Jan 1 2012, 03:49 PM

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