UFO, i agree with you in general. What i am trying to point out in addition as following:
1. Selling bigger house or Small house with security / landscape -- assuming same price
This is the option that I&P need to consider seriously. As you already pointed out clearly. We have to ask this question: Do you want a 22x75 with G&G (without clubhouse) or 24x80 (without G&G) assuming the price is the same? Well, the important thing is not what you or me think but rather what is general the market wants (majority).
2. This is a township development with more than 1200 acres (even though 200+acres was sold to Naza), there are still 1000 acres. Not that i dont support mid end market, but from a township development, it is important to have diversity. So, it is important to also cater for slightly affordable house (townhouse or smaller link house, 300-500k) to push the market mass and step up the development rate of Alam Impian. Bear in mind that Alam Impian is not a commercial township, not a manufacturing, not retail, but mainly a residential area. If not, they really need to create more niche in their product to attract upgraders. Setia Alam on the other hand have lot of variety of house cater for different market and different needs..also now started to pull in more commercial factor. Both Alam impian and SA actually started about the same time frame (just a couple of years gap).
In fact I&P house is pretty good in quality and certain areas are better than NAza TTDI, e.g. car porch area, common pedestrain walkway....
Just feel pity they didnt realise the change of the buyers and keep on doing things that they are doing. Look at Kinrara Residences, a quick project just shortly about 1.5 years ago, already chalking up hundreds of unit in sales....while I&P still taking their own sweet time. I&P normally offer decent house size with decent quality and also their projects are mainly freehold. If you cant understand what people want, you have to influence and create the market
This post has been edited by spydermind: Feb 1 2012, 09:05 AM
Alam impian Pentas Superlink, I&P new super link July 2011
Feb 1 2012, 09:01 AM
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