I think benefits still not yet developed Cheras & Sg Besi side more.

Until SG Besi old airport.

Why?
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bcs Onwer of land KLIFD = 1MDB.

Onwer of Land Sungai Besi old airport site = 1MDB

30 July 2012/ Free Malaysia Today/


Newspaper

The KLFID was one of several key infrastructure projects listed under the 10th Malaysian Plan along with other mega constructions like the redevelopment of Sungai Besi and Kampung Baru meant to boost the city’s potentials under Najib’s grand Economic Transformation Plan.
But analysts said the project, which was first announced two years ago, risked destabilising the entire KLCC property market, which was already suffering from a high 17% vacancy rate and could create “deplorable” traffic conditions that would erode the attractiveness of KLCC as a place for corporates.

“Similar to the impact from redevelopment of Kampung Baru, these projects (the KL Financial District project and the Sungai Besi airport redevelopment) particularly theDataran Perdana (KL Financial District) could threaten the prospects of commercial properties in the Golden Triangle and in the long run the larger part of the Klang Valley,too,” said a 2010 report by OSK Research.

It added that outlying commercial hubs such as Petaling Jaya, KL Sentral, Mid Valley,Damansara Heights, Mutiara Damansara and Damansara Perdana would likely benefitfrom a potential exodus from the city centre within the next five years as worsening traffic congestion in the city and existing high rentals drove tenants out