We need to separate the discussion between residential and commercial.

The residential part of SW will have a smoother sail.

The commercial part of SW will have a rougher ride.

It's a matter of fact that Puchong Jaya, Setia Walk and Bandar Puteri area combined have currently a surplus of commercial units. Those who have time can drive around to see how many vacant shop lots are there. Some already vacant for a few years. And that's not the end of the story, you will see IOI factory continues to produce more commercial units.

And those rented out their shop lots, most of them rent them below their targeted return.

If we are not careful, the puchong golden mile commercial units will be a live case study for the creation of bubbles.