I hope you are right about this simple demarcation.

If market demand softens and there is oversupply of condos, there is nothing to stop OUG parklane to compete directly with Bukit OUG, for example.

This post has been edited by puchongite: Jul 2 2013, 07:58 AM

Haha...why rent room at B.OUG must without air-con neh?

Why monthly income 2.5k ~ 4k cannot rent room at b.oug, must die-2 rent room at oug parklane?

Why suddenly so hot over here?

Dato Chris give speech here also never invite me to listen?

Luckily i masuk to see what happening here.

It's part of the truth where there are too many probabilities which we are unable to define and expect but just prepare to face the market.

If the market demand really soften up and heavy of oversupply of condos in the next 1-2-3 years, I think OUG Parklane has the very very high potential to hit the rock down the road due to the total number of the units are 4000+, which brings even more numbers of NPL and greater % of non occupancy units. Very fierce competition against each other and large chunk of number buyers who do not have great holding power due to easy entry of 10% discount.

Aiyo...Mah tai luo.....sudah lama u din give speech.....must contribute something mah.....

What I want to ask is that, if there is oversupply of condos in the next 1-3 year, in the OUG/Bukit Jalil area specifically, is it going to affect the lower end, the higher end or the mid range ?

Somehow I feel that lower end market is more resilient because their market demand is bigger and their holding cost is lower. Just my gut feel.

Maybe we switch venue to Z residence to listen to MGG speech there about the potential of Bukit Jalil

bukit jalil will be township by itself with all the infrastructure roads and LRT ,malls, schools and universities coming into place. It will definitely a place to bet now.

Perhaps, I am not the best master to predict what will happen in the property market and outlook next few years down the road. LOL.

For me, if solely based on Bkt Jalil / OUG area, if the property market downturn and somehow supply overly than demand, I guess it would be high end condo. And basically, low end condos and low prices condo would not hit much due to higher demands like you said, but in BJ, the supply creates from the info I dig below.

I still believe medium end condo in the range of 1000-1200 sq feet should be much less risk due to absorbable price point and size point in coming years.

But in another aspects, size 1000-1100 sq feet ono have the most units available in the sub-sales market upon all the current on-going projects completed. It makes me jump to preference of 1200-1400 sq feet units.

Such as, ZR, KR1 ( almost 50% of KR1 is 10xx - 1110 sq feet ) and KR2 ( almost 50% of KR2 is 1076 - 1100 sq feet ) and these condos size were within the same range ( size and price ) with those late buyers of OUG Parklane. Thus it may creates a feasible of comparison for subsale buyers where early buyers of KR1 and ZR ( at RM 300 psf ) can easily compete with those OUG Parklane ( same range ) in difficulty period.

Meanwhile, for the medium big size of 1400 sq feet where ZR holds less than 20% at approx 200+ units, KR1 ( 96 units out of 360 units ) and KR2 holds 144 units out of 720 units. It may creates a comparison to those who may add on a bit and consider KM 1 West's 1335 sq feet as well as The Treez's 1400 sq feet, where all these are asking RM 630-690 per sq feet, the current asking price before VP against the RM 400-450 psf of the trio above which going to VP by 2014 Q1 & Q2 and 2015 Q4. We can clearly see, which has more to buffer against the whole KV's condos with such sizes and prices and which has higher risk compare to the whole KV developer of entering RM 600+ psf onwards.

Just my little opinion.

Bukit oug rm 300 small room can get air con meh?lol~ rm300 with a fan is very worth d.

Parklane so fresh with 200 shoplot, sure alot of tenant move thr after complete.

It just like a piramid scheme, bottom is bukit oug, middle is parklane oug, top is the rainz,z resident,kr1,kr2

Bottom got the biggest market,den middle, den top.

Somehow i have the same view/feel. The monthly installment play a role here. The bigger market afford mthly installment below RM2,500. In any circumstances, dd for lower/medium end still able to sustain.

Whereas those high end target niche segment which is more vulnerable & the occupancy rate might not that encourage when there's changes occur. Exceptional case for those high income earners area.

This post has been edited by Curious Guy: Jul 4 2013, 08:22 AM

Agree with your statement.

If you can read chinese...maybe u can more understanding the future of B.Jalil.

根据DBKL最新的土地规划及发展策略，Bukit Jalil、Damansara及Ampang/U-Thant 会被打造成具有国际吸引力的“星级”社区。Damansara、Ampang/U-Thant已经是成熟的社区，目前最值得关注的便是 Bukit Jalil。除了现有的6条大道、两个公园、4所大专院校和工业园，将来的LRT延长线、Pavilion 2、Calvery会展中心、规划中的 KIDEX（Kinrara - Damansara）大道与 SKIP （Serdang-Kinrara-Putrajaya） 大道和黎明华小的完成将使到这个区域更加完善和成熟。

Imagine if the golf course is replaced with big scale commercial hub, this area will really fly....

Pls don't pls....

Andy Lau won't be happy lor...

andy lau brought a unit there meh??

Hehe. BJ already got incoming of Berjaya Mixed Dev and the mega scale, Jalil City with Pavilion 2. I think it should be highly successful enough given its location and the quality of the Bkt Jalil folks.

Maybe close 2-3 holes for commercial shop lots also good. Haha.

In law family.