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Investment BUKIT JALIL SENTRAL, Development of Stadium landbank

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aurora97
post Jul 1 2015, 01:41 PM

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Pity all the surrounding parks, driving range and paintball park, all the development and bukit jalil is still congested as hell...

rapid development but total lack of planning in terms of transportation and public transport.

another fail city suburb in the making.

aurora97
post Jul 1 2015, 02:10 PM

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QUOTE(ivanpei @ Jul 1 2015, 01:53 PM)
Got LRT, so many highways in Bukit Jalil, MRT in Sungai Besi.

Highways:

Kesas
Bukit Jalil Highway
Mex

Public Transport:
LRT
MRT 2 @ Sungai Besi (1 stop away from Bj station)

If Bukit Jalil infra fail, all other suburb in Malaysia fail lor. This is already the best connected suburb in Klang Valley in terms of highways and Public Transport. Apa lagi mahu lol? MK lagi dense without any public transport and only 1 major entry/exit point by highway.
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Even thought MK lack public transport, it is almost at the heart of every business district. It takes 15-30 mins max confirm you arrive either in KL city, Damansara Height, Bangsar, TTDI, BU etc...

Try going from Bukit Jalil to those area i mention above.

Highway, yes very accessible...
Kesas- jam at puchong exits, oug, mex, mrr2.
Bukit jalil highway - jam/heavy traffic almost everyday, from race course to puchong town and all along kinrara area.
MEX - jam in kuchai lama exit and tun razak exit.
MRR2 - this is the worse. can jam until entire kesas and mex also cannot move.

Public Transport:-
Sure LRT and MRT 2, never on time and not connected to KL Central. Need to switch trains like crazy.
If you want to work in KL office @ 7am, you better leave home by 5am or latest 6am.

This post has been edited by aurora97: Jul 1 2015, 02:19 PM
aurora97
post Jul 1 2015, 02:17 PM

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Let me give you some perspective of what is happening:-
(a) Rear of Bukit Jalil - Pavillion 3.
(b) Front (near Bukit Jalil LRT) - 1Malaysia Civil Servant Housing project (PPA1M), estimated over 1,500 units.
© Front MRCB - KL Garden City.

You think Bukit Jalil area can cope?

This post has been edited by aurora97: Jul 1 2015, 02:17 PM
aurora97
post Jul 1 2015, 02:45 PM

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QUOTE(ivanpei @ Jul 1 2015, 02:24 PM)
Ok sure if you are so down in BJ, it's your opinion lol. Dont buy anything here lor. The rest of us ready to party!

@ 1500 unit project, that's Parkhill lar. Only 1 block for civil servants, the rest selling now at 500-600 psf. It's not cheap by any measure. Pavilion: good news, Garden City: good news.

Jam? Confirm. Investors? Happy. Not jam not ONG lar.
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Exactly that's my opinion only.

Although the developments are most welcomed, you have to balance the pros and cons and I am giving everyone the benefit of the "on the ground" assessment.

I am heavily invested in BJ as well, I like the parks and the recreational facilities in place. The public transport (though it takes quite sometime to reach KL). My only concern is that it will be subject to over-development and all the city greenery around the area will be lost to smog, conggestion etc... which will only devalue the property in the area... like Puchong for instance.

QUOTE(elmond @ Jul 1 2015, 02:32 PM)
quit surprise that you mention bukit jalil lack of public transport
the only bad thing of traffic, jam at endah parade junction especially those from mex
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one station that go up one route only is called assessable?

Maybe “lack” of public transport is not the right word. I think I would replace it with “connectivity”.

Head into Sri Petaling town, double/triple parking like crazy.


aurora97
post Jul 1 2015, 02:47 PM

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QUOTE(JustNobody @ Jul 1 2015, 02:45 PM)
I think currently there is already a pedestrian bridge to cross to the LRT. I wonder will there be vehicle access from the stadium into ParkHill or not..
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use to be the old paintball field, yes there is access to the hill...

If you coming from MRR2, you will see an awkward entrance on your left heading up the hill (this is the old entrance). The second one, if i am not mistaken is near the aquatic center.
aurora97
post Jul 1 2015, 05:32 PM

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QUOTE(leftist @ Jul 1 2015, 05:11 PM)
if greenery is top priority buy at puncak alam or putrajaya..still got many greenery there...at least for the next 10 years
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I think a lot of developers or politician think we can breath with concrete. Only the rich who are staying in Kenny Hills can afford to maintain the so called "last bastion of KL's green lungs".

really sad all the jogging tracks, articial lakes and so on... will be gone soon.

anyway my thoughts and conclusion, for investments the condominiums stretching from Arena Green, Savanna, Conveillia and Vista Con will continue to enjoy investment potential (either maintain or with slight reduction) because of their proximity to TPM, APIIT university and IMU.

With more developments coming online (Ark, Berjaya Project near Ark (mix dev), Andes, KM1, Pavi 3, etc…), rental yield will soften over time and Landlord’s may be required to throw in more incentives i.e. reduce rental, offer furnished homes as inducement to stay in their units.

Once Pavi 3 and Garden City comes online, I reckon rental yield will pick up again but probably in about 5-10 years’ time.

Interesting times ahead.


 

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