About 5 years ago, went to aquaintance's place at Saujana Utama by Glomac. Thought it was so far n ulu. Never went again since because I don't have any business there. So, fast forward to now, my thoughts still have not changed. I don't mean to offend those vested there. I hope I'm wrong. How's the situation now?
I'm quite open to new places with strong fundamentals. Setia Alam and ecopark thrived because it was very close to established major commercial areas like Klang, subang, damansara. These commercial districts with substantial population were already providing hundreds and thousands of job and business opportunities by locals, government and a lot of large MNCs way before SA and SEP were launched, maybe by 10, 20 years or more.
It's difficult to compare setia emas with setia alam with target market middle to middle high income. Setia ecohill maybe okay since there will be rich people near the area. For mass affluent market, not many of them work nearby semenyih. When I say not many, means maybe more than 50%. The mass affluent normally work with banks and large MNCs which is not too many near semenyih. These mass affluent are the ones who will buy our exorbitantly appreciated price house (like SA and SEP) subsale. Otherwise, who will buy from us? If working there,then I'll say it's perfect. I'm just discussing general rule and not exceptions of course. Locationwise, I think setia emas can compare to saujana utama.
What do u guys think?
Investing in “Up and Coming” areas or mature area?, Which areas do you prefer?
Aug 31 2012, 12:34 PM
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