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Will this suffer from current economic crisis?

Posted by JayZee on 28-Jul 2009

One Menerung is only meters away from my office. I wonder if this residential can perform in the future. Properties near KLCC have already depreciated in value; do you think One Menerung will suffer the same fate?

Answers (1)

Propwall_thumb
Posted by azril on 28-Jul 2009

We will see about that soon. I personally think that RM 1,000 psf is over-priced and the price is derived by speculators to gain big bucks within short period. By the way, RM 1,000 psf is only the asking price, I am quite sure there are only a few who are willing to pay that price. But Bangsar area is not over-supplied like KLCC vicinity, thus RM 1,000 psf is quite reasonable in fact. Let’s wait and see what will happen once it is completed.