This according to the technical person is reserved as big plot of commercial. However, depending on demand, it may be broken down to smaller plots and sold as shop lots - since now only 68 units of shop lots are on offer.
Only, time will tell on how this plot will be sold - expected to be broken down and sold as shop lots as SEH2 may most likely house the SEH Mall.

Yes CY.
Did you curi the pic from ancient British colonial website - look very much like the street on the Sweeney Todd movie.

AEON Cheras Selatan (Balakong) - TGV
Cheras Leisure Mall - GSC
Viva Mall - MBO
Mid Valley - GSC

AEON Seremban - TGV
Terminal 1 Seremban - GSC
Era Square Seremban - MBO

Nearest that I can think off.

Bro,

Dunno how to put it, but those props that were recently launched with huge price and then rebated on DP and DIBS will suffer the most in my opinion since they are inflated with all these balloons so that ownership can be easier.

Also, having cash is safe because, if interest goes up, BLR eventually goes up impacting the repayment capability - so, if you have a prop that have yielded gain and if you were thinking of holding it, but liquidating now can give you good return, then better liquidate because you may not have the similar BBB sentiment in 2015. And, there is assumed to be price correction or houses that will go on auction.

Fixed income earners will suffer if over leverage - if moderate then should be able to scrape through. Highly geared business will suffer due to the debt but overall the BBB sentiment in prop market will cool off.

This is just observation, but one thing is certain - the big one is coming - its going to be almost 7 years since GFC - the cycle is every 10 years - but the cycle is shortening.

Bro Sam,
Confirm not like this la - maybe Putrajaya style. Also, underground cabling.

Hahaha, good one bro.
Very true indeed, everything that goes up will come down one day. The timing is uncertain so contingency is always better.
Always PLAN even if it is to FAIL, but do not FAIL to PLAN = confirm FAIL.

Private school confirmed Tenbi / Tenbee
There are plots reserved for SK and SMK but unsure if SK is SRJK or SK.
There is however a school just beside SEH - Rinching.

Thats why hold Gold. confirm will appreciate when RM sink.
However, as said, long cash will win - you will be able to sapu when its down. and make gain when it hots back in 3-5years.
Actually, crisis is like buying house in SEH now, P1 need to hold at least 3-5yrs to see capital gain - enter when all drop in crisis, when pick up liquidate some by some.

Interest for deposits are low, not for loans bro.
In SG, housing loan interest is barely 1%. But, banks can still pay 1% for deposits. Now you know where investment bankers earn the fat bonus from.

Hahaha, Rabel good one.
The point here is loan will incur interest, so, the floating interest could change and affect cash flow. But, cash is fixed - what you pay is what you lose - no additional committment, no impact on cash flow ma.
My comments were just sharing from what we gathered from the Risk Conference.

Banks are worried because, GLCs will suffer, GOM will need to pump money to save, GOM will have to borrow. Addiitonally, we need to deal with NPLs. So, its worrisome for Banks.

Hahaha, not all keep in cash la, of course you need to hold other commodities.
What i was trying to share was the sentiment of risk managers during the summit.
The Big One is coming - dont know when, but could be as early as 2015 and it will hit Malaysia - and hard it will.
MYR will sink, may not be the next THB - but it will - so, do not over committ and suffer. Jus be mindful - dont live life scraping the bottom of the barrel, and the sentiment will change, BBB will be NNN or SSS.
When supply exceeds demand, price correction will occur, so, gotta prepare contingency plan lo.
Thats' all.

Bro Sam,

That is why need to have contingency plan lo. And, I was just sharing, not saying that prop market will be hit or SEH for that matter.
Point is as you said, dont over commit. All props will have its ups and downs - am buying for own consumption, so I am not too bothered about this big guy.
And, as a fixed income earner, I just have to be mindful where I put my eggs.
Cheerios

Hahahaha!! Like hindustan movie; if our SEH become so good, then ppl want to do location scouting la.

Hahaha Bro Lim,

Commitment comes with sacrifice, overseas trip go local, family gathering 2 weekends once. He did say take home pay about RM8k, still got 5k disposable income which suffice to run a family with a moderate lifestyle.

Err, contradicting message now - CY said her Fibre Optic informed expected after CNY 2014 - to me this was rather early, was expecting Q3 2014.
Confirmed ah raikonen?

Hahaha, bro sam, no longer insider news, SPS by themselves have confirmed that 23 & 24 Nov start till 7 & 8 Dec sign SPA for SD and B.
But, need to call them to get to know, cuz havent receive letter.

Hooray!
Received SMS from SPS SEH - Merrum Buyers SPA Signing on 24/11 onwards!!

So, which is true now, Raikonen or Fibre Optic. Anyways, good to know that, SPS is trying to capitalise on the relentless demand.
However, am afraid will P1 quality be affected should they commit to P2 so soon. I believe a 2-3 quarter lead time will be appropriate.

I thought remaining 10% of DP gotta be settled on SPA signing day - how come got 1 more extra week?