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oversupply condos?

 
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sssatayman



Joined: 29 Mar 2008
Posts: 1

PostPosted: Sat Mar 29, 2008 5:57 pm    Post subject: oversupply condos? Reply with quote

looking at areas like mont kiara and upcoming projects...seems like that will be an over-supply.

rental yields will be affected.
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oreo_rr



Joined: 26 Feb 2008
Posts: 11

PostPosted: Sun Apr 06, 2008 4:44 pm    Post subject: Reply with quote

agree with you
not just that are
i find that every area aroung klang valley is affected
sure in future the prices will go down
so i cant do business anymore in real estate hehe
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yeehs18



Joined: 03 Dec 2005
Posts: 199

PostPosted: Tue Apr 29, 2008 5:05 pm    Post subject: Reply with quote

Basically there are more than 10,000 units of condos being launch in KL, PJ area. The surge of oversupply due to huge developer trying to hop on the fat train and buyers into property investment madness. All thinking easy renting out but actually the period of these are around 2004-2007. Now i think its just too many options to choose. Own stay of course is different...
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theayil



Joined: 24 May 2008
Posts: 6

PostPosted: Sat May 24, 2008 3:48 pm    Post subject: Reply with quote

yah true..
we often hear there would be property boom.. n i read numerous books on property investment, where many were good but they dont often replicate the actual ground scenario..

we were made to believe that location is the key to success.. which i agree but not to the extent that it will guarantee plain sailing success.. and i totally agree that we are experiencing OVER-SUPPLY of CONDOS in hot locations i.e. mont kiara, hartamas, kota damansara, kelana jaya..

but regardless all this.. i still think properties are a good investment.. just need to really know what you're doing & not just follow the hype Very Happy
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