hi James, ok here is the vacant units look like. No people staying doesn't mean no owner. Ya, i have some vacant units for sell from my clients. Their price is high, not a single of them are selling at lelong price or lose money type. For landed property, as case study in garden residences, the cassia about 4 years old is over 80 occupied or tenanted. Clover which is about 2-3 yrs old are now over 50% tenanted. Some units are now for rent and some for sales. The market is healthy so far. If there is lots of unsold unit, then we have to stay alert and see what next.
For cyberjaya, now there is 2500 units of landed property in total up until ccc2018. Ya, the 2018 units are almost sold out. In the same time, government is pushing this area and want to increase its population of another 50%. In ratio relatively, we need at least 1200 units of landed in next 5 years. Well, i been digging here and there, the data that i am having now only showing about 500-600 units left to be develop. That mean there are 2 person fighting for 1 home in next 5 years. Good luck.
No matter how, the place is under huge development now, and the upcoming development is going to be bigger and bigger.
For makan places issues, its not going to be sorted out for most people. Some people will find their living in here, and some will not. Whne there is demand, there is supply. When people need more places to makan, the makan places will mushroom for sure. If anyone of you are interested in restaurant business, this might be a good place to start looking as well :)
