+1

I observed a lot of migrants staying there

international melting pot

Which part of Dsara Perdana ?

Flora Damansara, perhaps..
Btw u can see more n more Korean community in DP

can we get those people out.?

suggestions?



This post has been edited by corleone74: Dec 5 2015, 03:27 AM

Flora Damansara is the combination of low-cost flats and medium cost apartments.
These blocks are more affordable to the South Asians labors.

I would say MK Land's developments along Jalan PJU 8/1 are still decent and the majority of the units are occupied by local families.

As per your observation, I can see the increase numbers of Korean in Armanee Terrace and Perdana Emerald Duplex. According to the real estate agents, these Koreans move from Mont Kiara, who looks for bigger space with lower rents. Besides DP is strategically located and close to all the amenities.

Like free market economists say, free market operation dictates the rent determines the demand and supply. There is no way to chase out the unwanted ppl in Flora Damansara. That is the other side of DP, not along the Jln PJU 8/1

everybody knew MK Land is not good in maintenance of property.

In fact, the most expensive properties on a psf basis in 3Q2014 were all located in Damansara Perdana. The next-most expensive properties after Empire Damansara were Neo Damansara (RM 807 psf), Ritze Perdana 2 (RM 719 psf) and Ritze Perdana 1 (RM 639 psf). The transactions were primarily for studio or 1-bedroom units.

http://www.theedgeproperty.com.my/content/...laces-draw-them

not much la, typically 8% per annum based on SPA price

Smaller units are in good demand

MK Land is lucky in the sense of under the right camp when Dr. M in power, Tan Sri was given 3 pieces of lands, in DP, Dsara Damai and Cyberjaya (via Setia Haruman).
Of all the 3, DP depreciates the most in property price, despite the bad reputation on the developer.

Yet they still manage to screw it up

Yes, we all knew about how DP was managed. There's too many dinos in there. The pioneered in early days were removed in cost cutting. And tan sri have many disagreement with his partners and formed new company. PJ trade was better managed with his own son. I wouldnt touch any mk property for fear of Mismanaged fund. Only sub par expatriates like Koreans n middle east interested.

This post has been edited by hackwire: Dec 6 2015, 11:07 AM

5 stars location and no star management.

Yes, MK Land then subsequently emerge another company called Emkay..
Having said that, if you die die want to invest in DP, MK is still better than Empire.

Yeah in cyberjaya all mk land dna developer almost all got problem especially with strata title and the maintenance after that is troublesome...

With most ppl knowing all these, many still buy from Tan Sri son which supposedly wont follow the same footsteps! lets see how lor

But in Mk, i heard a lot of unaccounted losses and missing receipts. Alot of bloated debts and elusive back ends.