Nov 29 2011, 12:12 AM
QUOTE(accetera @ Nov 28 2011, 11:42 PM)
PJ will definitely hit RM1,000 psf faster than expected, earlier than 2014.
Alot of foreign companies shifting to PJ Damansara area.
The european, african and arab expats we have today are no longer the MK/Ampang/Sierramas-type.
They now stay at The Tropics @ Tropicana City and Pelangi Utama... lol...
Honestly the expats we have today are like Msians trying to find some jobs overseas. The expats come here to expose themselves to the Asian marketplace, add to their resume for their future management-level career elsewhere in Asia.
Soon many expats will dash in to get jobs that Msian professionals should be getting but can't.
Malaysia urbanization ratio is 65% now. It will hit 80% few years to come. Check around will know how many of us is from outstation. Everyone is flocking to Klang Valley because this is the place we can make the most.Alot of foreign companies shifting to PJ Damansara area.
The european, african and arab expats we have today are no longer the MK/Ampang/Sierramas-type.
They now stay at The Tropics @ Tropicana City and Pelangi Utama... lol...
Honestly the expats we have today are like Msians trying to find some jobs overseas. The expats come here to expose themselves to the Asian marketplace, add to their resume for their future management-level career elsewhere in Asia.
Soon many expats will dash in to get jobs that Msian professionals should be getting but can't.
So, the demands for housing/office/commercial is definately raising. I can bet that the psf will never be RM750 anymore in the near future. Moreover, generally the income of PJ people is expanding. Where to park their money ? Property is one of the places. Land is scare here. Construction cost is raising. Foreign investors will come in.
Judging from the waiting list, it shown it is likable by hundred or maybe thousand. The price of Real estate is always about sentiment. We can find this in Atria.........
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