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> Shah Alam 2 (Puncak Alam), Any comments

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ecoexplore
post Apr 9 2012, 06:31 PM

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Joined: Nov 2008


QUOTE(jeghui @ Apr 9 2012, 05:23 PM)
Hi,

What do you guys think of the progress of this area? After 5 years ago launched.
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Puncak Alam was launched first by Puncak Alam Holdings i.e. PAM (outer part near the main roads, UiTM, McD). Some part of the land (inner side) was sold to RB Land which was taken over by IJM, which is now renamed as Shah Alam 2.

Many of my friends who have vested in the apartments there initially were very frustrated with empty promises made by PAM e.g. fruit lined main roads, commercial hubs, general hospital, etc., but apa habuk pun tadak. Moreover rentals were low and population can be considered negligible. Now that the campus are up, apparently the rentals had picked up. A normal apartment with 3R2B can easily fetch RM600 nowadays (renting to students).

I reckon SA2 will do better as the total masterplan is more practical with bungalow lots, semi-dees, link houses taken-up quite well. WHB is also launching some super link houses now over there named as Puncak Bestari.

Good luck in your investment!

 

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