Originally Posted by
rattydrama
IOI is a big plantation company and one of the big property developer in Malaysia. they have deep pockets. I recalled that for another JLD project - lakefront, they price in future price and took about 1 year to sell out. but i think now is not the right timing for the developer to use this method.
MCL now has 2 projects in JLD.
MCL was briefly caught in 08-09 time and base on history, they prefer to sell out than taking a wait and sell slowly approach.
Actually for JLD project you can afford to wait because there are so many mega projects around JLD TOP in 2014/2015. Come 2015/6, the entire place will be buzzing.
Tomorrow, we will get to see who are bidding for the commercial plot at venture ave.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."