I wanted to correct the number quoted. it will not be 1000, it will be more than 5000 residential properties (service apart, condo, link house, etc) completing within the next 5 years.
- The place
- The Pulse
- Garden View
- Shaftbury Square
- Garden Plaze
- Serin Residence
- Summerglades
- Garden Residence
- Symphony Hills
- Sejati Residence
- Domain
- LAke front
- Vita
and more to come .....
But, this is up to you to judge about oversupply or what. Property is different investment compare to stock or forex. should there be oversupply or undersupply....things will not get rectify immediate, as it will take years to get one place occupied and also with takes years for new project to fill the gap if undersupply.
Btw, a lot of project not neccessary means oversupply....it is about consumption and time taken to occupy...that one you need to make your own judgement. OVersupply over a large defined area might not reflect the actual condition or might prohibit us to se value in certain property within the define area. Many say MK is oversupplied with condos....i have friends who still able to rent out their condo as 5-6% yield. Still people making money during bad time.....
Sky Park @ Cyberjaya, By MCT
Jul 13 2012, 02:23 PM
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