What makes PH very different from KLCC or Mont Kiara?
KLCC is potentially one of the hottest area, plenty of upmarket condos yet in the middle of the city. Basically it is city living. No difference between living in Manhattan or downtown Spore. By the way, new launches of Star Avenue ranges from RM1.5k psf to RM 2.5k psf onwards.
Mont Kiara fascinates me and I even had many viewings there of the subsale units and new ones as well. It is rather convenient sandwiched between KL and PJ area. Traffic jams during certain hours are horrible as access roads are narrow and few nevertheless the traffic wardens do a good job. Come another 3 years, the VP of some new projects will have pressure on these infra. My only complaint is there are just too many condos within the location. The stagnation of prices of MK20 is enough to tell a story. Pavilion HillTop launched its price starting about RM800 psf also tell you the story.
PH is more spaced out...don't really need to say anymore as many of you guys know what it is. But what really make me invest there? Honestly it is the perceived stability of political and governance of PH. It has best of both worlds. On one hand, it is very politically knitted with Singapore. The political masters of Putrajaya would not dare to overdo the policies. The Sultan is involved and it is quite an open secret that Johore is quite independent implementing whatever recommended policies. On the other hand, the BN has to make sure that this very National Project does not fail and funds are always available for its infra and its success.All these will drive up prices. As a matter of fact, if Encorp does not fetch RM2000 psf in 2017, I would be disappointed or is it wishful thinking