QUOTE(bearbearwong @ Jan 15 2016, 07:59 AM)
1 km from oug parklane to main road jln puchong is tiara mutiara 1 and tiara mutiara 2... so many units to0... before tiara mutera is sutera residence... occupancy not even 30% .. 2 years vp
the otherside of oug parklane is PPR flats just across the bridge... ppr flats is fully occupied.. while OUG parklane is not.. why? Pricey... ppr full occupancy... then z residence... leavez... rootz lar.. rainz lar...
these condos zzz...jln puchong gg..
furthet up a bit ... residensi 8... the entrance so small like kedai runcit.. adjacent dah banyak condi lain belakang kfc... same ting here again.. residensi 8 .. anytume got ppl rent and sell.. the other condo old ones like PPR fully occupied
along the stretch no need me to tok.. wat southank residence... dat tesco and studio...saville lar... cypress lar..opposite d mall.. I dun remember so many.. in dat stretch.. older highrise belum cakap.. puchong area belum cakap..
one common ting is dat.. newly finished suffers low occupancy.. reli low... PPPR.. flats all fully occupied.. either ppl have still waiting to buy.. or cant afford those merely 400k to 500k... if later is d issue.. cant afford.. property sure GG... cant rent.. cant sell.. potential buyers cant afford GG
You are spot in the sense where a certain vicinity (in this example, Jalan puchong) is over crowded. But you also just answered the next concern, which is also directly related to density. Assume many can't hold anymore longer for 2016-2017, there are also many waiting to pounce, after pounce, back to square one, competing for rental again, then holding power shift to your side.
Another 2-3 years, another new group appear again say waiting for bubble burst again and the story continue.
I'd say again, too many people just aren't aware how the general Malaysians are well to do even in the current economy condition. Just remember you're not the only one with cash ready to pounce. After you pounce, make sure you also have holding power to compete for rental with the rest.