QUOTE(accetera @ May 8 2015, 11:58 PM)
Buyers have to know "close to MRT Station" and "close to MRT Track" are two different things. Nevertheless, suburbs with MRT still able to appreciate, on general basis.
Compare to Tropicana Gardens.
Source:
http://www.ptlm.com.my/index.php/cyperus-s...-kota-damansara(1) Pedestrian connector to integrated MRT Station
(2) Large Retail Mall with Cineplex, Gourmet Supermarket, an Exhibition Centre and Kid's Adventure Park
(3) Office and Hotel Tower - tba soon
(4) Urban gardens like Namba Park Osaka
(5) 80,000 sq ft of facilities, including a 50m Olympic-sized pool, spread over 2 floors in Cyperus Tower alone
(6) Fully furnished small-sized service apartments under HDA
(7) A rare Golf and Lake View and neighbouring a golf course
(8) Near to upcoming International School as well as university, IKEA and shopping belt.
(9) The commercial part of Kota Damansara (Dataran Sunway area).
Price is the major difference here. But for me, buying need not be "simply buy" because I do look at product details for personal preference.
Honestly. Subsale Cascades is way better than any projects in KD. With only 266 units and Mitraland office next door and walking distance to MRT KD.. You should promote Cascades instead. While all the other players in KD are setting a new benchmark, Cascades will tumpang their benchmark roo. Verbal valuation for now is 980 per sq ft. Cascades benefits from the malls around as residents there don't have to go through all the jam getting in and out. Tropicana, Nexis and Strand will feel the HIT really soon. Have to agree with your good investment on Cascades but not Emporis.
TH is slightly on the higher side now. 1080 per sq ft after discount while strand is going on 1000 per sq ft. If you guys think TH is ridiculous, be hold for the new service apartments by Sunway next to strand garden offices. Rumour has it going for 1300 per sq ft. Really new benchmark.
Not gonna be bias here either. The projected demographic growth in KD plays an important role as well. What we see is not what we know. Based on knight Frank research, the population growth in KD is actually growing faster than the developments in KD. I can't deny that the commercial spaces in KD is over supplied but not residential.
In a nut shell, KD is a good investment for residential units. I'd opt to stay away from commercial for a while now UNLESS there are huge bargains of cuz.
This post has been edited by mthc: May 9 2015, 01:59 AM