Predicting properties market to rebound is similar to predicting properties market to crash.

If u do not believe property market will crash nor should u believe property market will rebound.

One should prove what they believe aka put ur money where your mouth is, If u believe market will rebound come out with $$$ & buy now, if u believe market will crash hold ur $$$ & wait.

Cadangan pembangunan 5 blok pangsapuri servis 39 tingkat (2,550 unit) dengan 5 tingkat podium tempat letak kereta, ruang perniagaan dan kemudahan serta 1 blok pangsapuri 32 tingkat (550 unit) dengan 7 tingkat podium tempat letak kereta and kemudahan serta 1 tingkat besmen raung PPU.

About 500m from MH platinium & Prima Setapak 2 along jalan gombak.

Any idea who's the developer ??

This post has been edited by jolokia: Feb 26 2014, 08:45 AM


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I thought Gombak Sentral is next to Pasar Besar Gombak still not start work yet, this one opposite to a yellow mosque, next to the close down Islamic college & one recond car seller, now covered with green roofing panel.

The one next to Pasar Besar Gombak definately Gombak Sentral lah.

https://forum.lowyat.net/topic/2869577/all

I alway pass by that area so 100% sure.

This one i am talking about totally different, the photo i attached also different mah, location also different, opposite side of the road some more, i guess not many people know..

U see it's still under neigbourhood complaining stage untill 13/03/14.

Vacancy rate at luxury condos to rise this year

The vacancy rate at luxurious condominiums in the country is expected to rise to an alarming 35% to 38% this year amid a supply glut, says CH Williams Talhar & Wong Sdn Bhd.

This compares to a vacancy rate of 32% in 2013 and 35% in 2012, said managing director Foo Gee Jen.

"There is an alarming growth in condo supply for the last three to four years, which led to lower occupancy rates and rents," he told a press conference on the property market outlook for this year.

The pool of luxury condominiums available in the market this year is expected to grow 19.4%, year-on-year, to 32,020 units, said the real estate consultancy firm.

The bulk of the new supply would be concentrated in the Kuala Lumpur City Centre area, Mont Kiara, Ampang Hilir and Bangsar, he said.

"The population in the Klang Valley is getting more affluent and this has resulted in the launch of more high-end condominiums," Foo added.

Overall, the average condominium market, that includes lower and mid-end segment, would see a vacancy rate of 20% in 2014.

Luxury condos usually offer facilities such as club house, swimming pool, meeting rooms, gym, with the podium area reserved for retail purpose. – Bernama, March 18, 2014