Teng is a guy.... confirm....

Just read Alliance DBS Research report on property sector and KL South outlook.

Looks promising. here's a snippet.

New urbanization trend:

Evolution of KL South

• KL south migration gaining traction, driven by MRT connectivity, strong population growth, and larger supply of affordable homes

• Kajang-Semenyih growth corridor the most promising hotspot within Greater KL given availability of cheap land bank and ready infrastructure

• KL-SG High Speed Rail - the wildcard to shift city center towards KL South

• Top beneficiaries: MKH (high-conviction Buy), EcoWorld (Initiate coverage), SP Setia (Upgrade toBuy)



Huge price disparity driving KL south migration.

Escalating land prices within Greater KL have reduced the supply of affordable landed properties, which remain in demand. The MRT connectivity at Kajang (ready by 2017) and the ready infrastructure with several highways have made Kajang/Semenyih the natural choice for developers to expand township developments. This is supported by the availability of large tracts of land and these districts recording the among the strongest population growth in Selangor. The close proximity to KLCC and Putrajaya federal administrative centre will ensure KL South continues to thrive.

Follow the infrastructure.

The terminal station of the proposed KL-SG High Speed Rail (HSR) link at Bandar Malaysia could accelerate migration to KL south given the more integrated public transport system by then. The MRT Line 2 which has been approved by the cabinet could link southward to Putrajaya, which would drive more development in Kajang/Semenyih.

whoever didn't managed to get a unit in EcoMajestic can still invest via proxy though EcoWorld stock! TP RM 6.00!!

Tropicana City Mall would be prime example?