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 Is SOHO Worth to Invest?, Is SOHO Worth to Invest?

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cybermaster98
post Aug 4 2010, 09:33 AM

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QUOTE(RomaNce @ Jun 18 2010, 11:11 PM)
I visited this forum before but kind of lazy to register and not too familiar with forum. Last night read a lot of negative issue therefore just register and join the forum give some infor.

Tesco is my client which i know about tenancy.

I staying very nearby for more than five years which i witness the change of whole Old Klang Road area inclusive of Taman Desa and OUG, traffice getting more, pubs, offices and etc. At the riverside, few years ago full of wooden houses and resident staying there from the past, which already move to other area. There going to be a lot of new development at the riverside.

Check out on the No.28 Old Klang Road as well....new. Those shop lots already there for long time, going to move away as well.

I check out on the developer from most of my friends and relatives (developer, architect and investors) which i found that is ok to get it.

Therefore, no worry to get Scott Soho.

I am not working for Aston Villa or their promoter.

I believe the rental for the Scott Soho should be roughly RM1500 - RM 2000/month. If you cannot get RM2k, just rent it out for few years, you still able to make profit from there in the future once you sell it off.

Whoever has bought it, just no need to worry, the completion date is 2013/2014, thich construction and building price has already goes up...just be patience.
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I did a check on my own and it seems that Tesco has NOT signed any agreement to set up there. My insider contacts say that there has been a hitch in their discussions due to the land title and leasing terms. I dont know where u got your info from bro but it is highly inaccurate. Best you recheck with your own contacts within Tesco. If the lease has been confirmed, would you mind providing the reference number? If im not mistaken the leasing info is available to the public thru local councils.
cybermaster98
post Aug 4 2010, 09:37 AM

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Among the drawbacks of this Scott Soho is that it is sitting on commercial land not residential. The smell issue will not really be known at this stage. Smell is determined based on the direction of the wind. So unless you are staying there it is difficult to know if there is gonna be a problem or otherwise. Plus saying that there is no smell just because u drive past is also not very logical. Not many of us drive with the windows open anyway.
cybermaster98
post Aug 4 2010, 04:40 PM

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QUOTE(cliffordcheong @ Aug 4 2010, 04:38 PM)
if this is true then meaning we all been con by sales person...as they mention tesco is confirm thats why i bought it only......zzzz
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Did u check on the differences between a commercial title and a residential title?

 

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