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Setiawalk Puchong V2, Retail Office, SOHO, S.Apartments
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tigana
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Oct 27 2012, 10:46 PM
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I think don't people should underestimate Puchong projects. I remember several years back some said "puchong not for human's live in". And as it turns out its developing too rapidly. What I like about it is that its a self contained township. The catchment is huge, and people will eventually realise, why need to go all the way to Mid Valley or KLCC to shop.
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tigana
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Oct 28 2012, 01:16 AM
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In the following report ..... in 2011 http://goodtimes.my/index.php/Politics-Gov...going-down.html"Of the 14 police districts within Selangor, the top four areas which recorded the highest crime rate between Jan 1 and June 30 are Petaling Jaya, Ampang Jaya, Gombak and Kajang"
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tigana
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Oct 28 2012, 11:12 AM
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QUOTE(puchongite @ Oct 27 2012, 11:04 PM) 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. point taken. I was just arguing that people used to underestimate Puchong as a residential area. And I think they are now underestimating it as a commercial area. With an increasing catchment area, commercial units within Puchong will become viable. With high petrol prices, traffic jam and toll, people will tend to want to shop within their township. Eventually people will think out of the box and say - wait a minute, do we really need a glitzy address for our sales office? Just saying.
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