notice they are building alot of residental in cyberjaya, in my opinion it should be balanced with offices as well in order for the demand for residental to be high.
remember most condos in cyber are selling for high price (RM 500+ psf), therefore demand must be high to sutain these high prices.
Developer just wants to pocket profit as residental much easier to sell, especially when absolute price is around low (sofo/soho/studio).
whats important is after 5 years when all the current supply comes on stream, there is a demand there..if not..investors (including myself) will be in pain...
Investment cyberjaya/putrajaya, investment good???
Nov 18 2012, 07:32 PM
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