If current market sentiment persists, over supply is unlikely to be fully consumed by 2020.

       

Read these 2 reports below :-

http://www.theedgeproperty.com.my/content/...ection-jkg-land

http://www.starproperty.my/index.php/artic...-at-duta-north/

The interesting thing was, in The Edge article back in November, 2016, it was stated that the 277,000 sf retail would be retained by the developer. Similar statement was missing in The Star article.

Of course the developer may still have the intention to retain the retail and open a shopping mall.

If I am a purchaser of this project, I will want to know :-

- what is the developer intention with regards to the 277k retail space?

- if the developer wants to retain and open a shopping mall, do they have the expertise to manage a shopping mall?

- is that location suitable for a 277k shopping mall?

- what if the developer subsequently disposes off the retail portion and the tenant mix becomes uncontrollable?

Promises are empty, unless can be reduced to something in black and white.

This is call sub -sales.
There are pro and cons depends how do you look at it.
SUB SALES
Old property
old technology
Old infrastructure
lawyer fees fully beared by your good self (Estimate RM20,000)
No Rebate
No more warranty
price has markup at least 20% or more from original price after completion the project

NEW DEVELOPMENT
New Design
New Concept
rebate
Better infrastructure
Lawyer fees beared by Developer (majority)
2 years Warranty usually

In term of Risk, looking  for reputation developer like Sunway, Simedarby, IJM, Tropicana, JKG
Therefore, I prefer new development
Good Luck to you
 

Agreed for the capital outlays and features of new vs old.

However this is 1st time i see JKG is named on the same line with Sunway, Tropicana etc. 

JKG not bad mah,,,  

Sorry but a moderate developer to me. hehehe

hehehe not best meh?

If you can find any article saying they r the best, I will choose to believe then, hahaha.

they just won landscape award based on renderings

they just won landscape award based on renderings

Kuat imaginasyen...

but will they deliver? rendering all sure nice

they just won landscape award based on renderings

This is  propety commercial or residential title ? I'm as the SA there b4 .. he just said now under commercial titLe .but upstairs is residential should be residential titles. .. if not the residential title in future depends the development want change to residential title's or not......

Commercial title u cant change to residential title bcos the plot ratio is diff for commercial n resi.
U can have yr spa protected under hda n officially use as residential....

So. Meaning that the residential  is under commercial title ?