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 Southview Residence @ Bangsar South by UOA

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taithinye
post Oct 1 2013, 10:40 AM

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QUOTE(restful increase @ Sep 27 2013, 12:19 AM)
I often question whether there bangsar south is experiencing overbuilding... kl gateway has 4 residential blocks, southview also got 2 blocks, upcoming ynh project also 2 blocks and then upcoming tan&tan residential project. all these projects are adjacent to each other.  all are high rise residential projects.  coming onstream is the mammoth pantai sentral park by ijm/amona. deeper into pantail dalam metro kajang aso jv with amona for saville@bangsar south & the list goes on..

To mitigate this, there are many office blocks coming onstream which can attract potential tenants and expats.  UOA's Vertical office projects is expected to churn out 7 blocks of highrise offices in the enclave of bangsar south.  Their selling point is these offices command MSC status hence will be a catalyst to attract MNCs and other FDI into KL.  KL Gateway has 2 blocks of highrise office towers as well which have reported been fully sold.  And not to be outdone, just less than 8km away is UOA's Kencana Square which is also situated along federal highway and boast of another 9 blocks of high rise office towers & UOA is also applying for msc status for these office blocks as well.  So a simple calculation at the back of an envelope would see a total of 7+2+9= 18 high rise office towers and this is all within a 12km parameter of the Bangsar South enclave.  And to give a bit of retail flavor, UOA also has NEXUS, a RM100m 5-storey lifestyle retail centre at Bangsar South and KLGateway also has a 5-storey commercial complex at its podium. Rumor has it that the management of mid valley is touted to be also taking over the management of KL Gateway's commercial complex (dont quote me on this).. but if it comes through hooray to those residents in KL Gateway, Southview and YNH as they are all located adjacent to this complex which will provide most of their lifestyle requirements which is just a stone throw away from their home..
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this area all the way up to jalan puchong are oversupply.

 

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