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Investment Five Stones @ ss2/72

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wodenus
post Mar 4 2010, 12:11 AM

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QUOTE(tinkerbel @ Feb 21 2010, 06:29 PM)
@sonycamera,
I'm act pretty happy with the show-unit quality so if it's going to be that it's good enough for me.  I hope he likes it; who knows; we (your friend & I) may end up being neighbours *smiles*
*
So did you get a unit? smile.gif

TStinkerbel
post Mar 4 2010, 12:21 AM

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@wodenus,
Only if you're getting one *smiles*
sonycamera
post Mar 4 2010, 09:56 AM

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QUOTE(tinkerbel @ Mar 2 2010, 08:23 PM)
@sonycamera,
I've no idea who the tenants are at ss2 mall but it would be good if there's a good supermarket there.  As to the rest of the stuff, just the neighbourhood stuff for convenience.  For hard core shoppers, there's always 1U smile.gif
*
Agreed. I suppose it is also important that the shopping mall is well managed. I heard the ss2 mall is owned by a foreign fund or somehing and a professional manager will be engaged.

I was told the floor areas of most of the well run shopping malls are not sold so the owner / mall operator can control the tenants mix and visitors will find it condusive to walk around....... Something like subang parade will be nice.

my 2 cents.
TStinkerbel
post Mar 4 2010, 04:53 PM

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@sonycamera,
I really don't know but SDB has their commercial block just across the river; behind Five Stones so let's hope there'll be more convenience; ss2 mall is pretty convenient since it's walking distance. Doubt I'll wanna walk out to TCM in the blistering heat! tongue.gif
urb7
post Mar 4 2010, 05:20 PM

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I'm excited to see what stores will open up in the new SStwo mall. From the looks of it, the mall is shaping up nicely, so I hope they control the tenants proper!


sonycamera
post Mar 4 2010, 06:01 PM

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If I am not wrong, SDB's land across the river is earmarked for 10-15 storey office block, pretty highend like their HQ @ Jln Ampang. I presume they will own it so that they can choose and control tenants like the one in KL.

Perhaps someone who is more familiar with the development can enlighten us......
urb7
post Mar 4 2010, 06:03 PM

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QUOTE(sonycamera @ Mar 4 2010, 06:01 PM)
If I am not wrong, SDB's land across the river is earmarked for 10-15 storey office block, pretty highend like their HQ @ Jln Ampang. I presume they will own it so that they can choose and control tenants like the one in KL.

Perhaps someone who is more familiar with the development can enlighten us......
*
Yes, from the sales talk, it will be owned by SDB and it's not gonna be sold to individual. They will control the tenant profile, and if they do, I believe the area's profile will be lifted further.

This post has been edited by urb7: Mar 4 2010, 06:06 PM
TStinkerbel
post Mar 4 2010, 08:46 PM

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@sonycamera,
Ditto! As with all SDB development's the commercial area is to be rented and not sold. Am sure there's gonna be some shop lots as well as offices; if I shift into Five Stones, i wouldn't mind my office being there tongue.gif
sonycamera
post Mar 5 2010, 08:38 AM

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There is an advertisement insert by SS2 Mall in the business section of the Star paper today.


Added on April 21, 2010, 4:38 pmJust spoke to a friend who visited the sales office lately.

He said based on the sales chart dispayed, the highrise Block E only left with something less than 10 units including penthouses. Block D sold out.

Apparently, the show units will be demolished soon to make way for the construction.

Looks like SDB had done it again like the earlier phase. Perhaps is the branding factor.

It will be very interesting to see how the units will fair in the secondary market on completion.

Also interesting to see the profile of the tenants going into SS Two Mall. If the shopping mall is doing well, surely it will have impact on the valuattion of surrounding area.


Added on April 21, 2010, 4:53 pmJust spoke to a friend who visited the sales office lately.

He said based on the sales chart dispayed, the highrise Block E only left with something less than 10 units including penthouses. Block D sold out.

Apparently, the show units will be demolished soon to make way for the construction.

Looks like SDB had done it again like the earlier phase. Perhaps is the branding factor.

It will be very interesting to see how the units will fair in the secondary market on completion.

Also interesting to see the profile of the tenants going into SS Two Mall. If the shopping mall is doing well, surely it will have impact on the valuattion of surrounding area.

This post has been edited by sonycamera: Apr 21 2010, 04:53 PM
armereth
post Apr 22 2010, 02:59 PM

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Hi All,

Does anyone know who main tenant in SS2 MALL? Initially was told that it is Jusco but not anymore. GIANT? (God... hope not)

Cheers


Added on April 22, 2010, 3:06 pmAnd also, just wanted to share. Here are the expected view from Block A (facing west). Its unblock allllllllll the way!!!!!

From 16th Floor, Block A

user posted image




From 25th Floor, Block A

user posted image


This post has been edited by armereth: Apr 22 2010, 03:06 PM
sonycamera
post Apr 22 2010, 05:17 PM

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Personally, i feel a hypermarket might not be really necessary since Carrefour is just around the corner and Giant is also not too far away from SS2.

I would prefer a shopping mall something like Subang Parade, Bangsar Shopping Centre, with nice restaurants.....
When come to serious shopping, I believe ppl will still travel to Mid Valley, 1U, SP......

I heard SS two Mall is owned by institutional investors from Spore, perhaps they might bring in some Sporean shopping concept.


armereth
post Apr 23 2010, 09:45 AM

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QUOTE(sonycamera @ Apr 22 2010, 05:17 PM)
Personally, i feel a hypermarket might not be really necessary since Carrefour is just around the corner and Giant is also not too far away from SS2.

I would prefer a shopping mall something like Subang Parade, Bangsar Shopping Centre, with nice restaurants.....
When come to serious shopping, I believe ppl will still travel to Mid Valley, 1U, SP......

I heard SS two Mall is owned by institutional investors from Spore, perhaps they might bring in some Sporean shopping concept.
*
Thats exactly what i think. I will rather have something small which majority of the tenant being cafe, bookstore, CD/DVD and some convenient store rather than a hypermarket. But then a CINEMA chain would be nice too!!! So when i heard Jusco is coming in, I think its quite nice until about some weeks back when someone mentioned about Jusco deal is off and Giant (Nooooo!!!!!) is coming.

Just got to wait and see. Rumour has it that the launching of SS2Mall is now been pushed back to 3rd Quater already.

Cheers
urb7
post May 5 2010, 09:31 PM

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Progress as of 5th May 2010

user posted image

user posted image

user posted image

user posted image

Block A & Block C are a bit too close IMO! Definitely doesn't look like the scale model!

This post has been edited by urb7: May 5 2010, 09:32 PM
sonycamera
post May 6 2010, 03:44 PM

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Nice pictures.....

Any new updates on SS Two mall?

Personally, I feel that the eventual turnout of SS Two mall is important and will have impact on both Ameera / Five Stones in terms of valuation. The tenants selaction and maintenance of the mall is crucial.

Recently, followed a friend to a shopping mall in USJ to look at some computer stuff, can't remember the name. It is quite brand new but unfortunately hardly any human traffic though there is a hypermarket in there.


Added on June 7, 2010, 11:19 pmHeard Westside Tower, Desapark city launching over the weekend was so hot that people got to queue over night!!!

Somemore units are priced at ~rm600psf! but was told smaller units.

If 5Stones launched now, sure follow new benchmark and more expensive. Not sure, all these new launching prices will push Ameera and later 5Stones secondary mkt prices higher?

Location aside, are Desapark City and SDB in the same league when come to product quality???

This post has been edited by sonycamera: Jun 7 2010, 11:19 PM
ernie
post Jun 14 2010, 11:39 AM

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This post has been edited by ernie: Mar 6 2012, 12:12 PM
sonycamera
post Jun 14 2010, 10:15 PM

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Had the show units been demolished to make way for construction works?

If my memory is right, the lady boss said in a recent interview that 5Stones had achieved 97% sales!
ernie
post Jun 14 2010, 10:18 PM

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This post has been edited by ernie: Mar 6 2012, 11:54 AM
TStinkerbel
post Jun 15 2010, 09:53 AM

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@sonycamera,
Just got some information on "The Westside One, DCP". IMHO it's overpriced lah but well since people are queuing and lining up for it I guess people are just rich rich rich!

Also, looking at the plans, the units are either East/West facing *i dun like* Apparently there was also a 2% loyalty discount for repeat purchase customers of DPC + 3% early bird discount for those who made their purchase last week - the offer no longer stands as of yesterday (I couldn't go last week so I sent dad yesterday!)

Also have some information on their upcoming link houses launch. I think it's gonna be called Casaman:

22x85 (BU: 3900 sq ft) : RM2.1m
24x95 (BU: 5400 sq ft) : RM2.9m
24x85 (BU: 4300 sq ft) : RM2.5m

Looking at the built up, am pretty sure it's gonna be 3 storeys and 5400 sq ft built up is very huge; bigger than most modest bungalows! *gulps*

Ah well...!

@ernie,
Lol. I need to register for a FB account first only then can help U out smile.gif
sonycamera
post Jun 15 2010, 01:45 PM

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@ernie,

Check out flamed2.com/urban, there are also discussions and information updates on Sdb's projects ie 5Stones, Ameera......


@tinkerbel

These days, looks like most property launches with Klang valley are well received, more so by established developers. Everyone seems to be in the buying mood....

Possible reasons:

1. Costruction costs going up??
2. Good location landbank are getting scarce??
3. Counter inflation strategy??

Also noticed most developers these days target highend market. New properties priced at rm1.5 - 3/4 mil are so common...


TStinkerbel
post Jun 15 2010, 01:52 PM

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@sonycamera,
I'm seriously wondering when this bubble's gonna burst! Ah well.. IMHO this new launch by DPC is really gonna be super high density - with 360 households in a block - compare that with Five Stones tongue.gif

PS: I'm biased tongue.gif


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