agreed, TS sounds like the dev..

I personally never like the concept of mixed development, i.e. with shops/shopping mall just right below residential..no privacy.

for investment? LRT in front of shopping mall? in malaysia, we heard lots of community planning, but the percentage of fulfilled plan is rare, even those fulfiled plan also pretty hopeless...

I have heard many years ago there will be LRT connecting kepong...

even if the citta mall is under construction, what guarantee that the mall gives>? who will rent the mall out to? who will be the tenant>? it can be another under use white elephant.

and if that happens, then all property will be selling below developer price.

and as for the college? any confirmation? which college? how many students? what course? when start operational?
any lease, sales agreement to show proof?

it is not useless, it is useful when it actually delivers later.

given 2 props, one w/ 50k paper gain, one w/o, which do you thnk is better?

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Added on July 14, 2010, 11:14 pmam not the developer, but i am their appointed agent.

at least this project, they have some proofs that LRT is going to be there. They even show the paper saying of the payment for the land acquired.

if you go to taiwan, hk or china, all their apts are with mixed development. We will slowly catch up to that life style.

This post has been edited by fenture: Jul 14 2010, 11:14 PM

sort of agree to this statement here...i'm moving into a condo with retails (just the ground floor, with cafe, 7'11, saloon, massage parlour) from a landed property, and I can tell you i start loving it....

i understand ur comment on massage parlour. haha

This is where the risk vs. reward come into play and where the investor must do their due diligence. If these factors were 'guaranteed' then I think most small timers do not have the chance to buy, sold out b/4 soft launch.

Personally, I do not think that Citta will be a 'white elephant', will not be a Sunway P or 1U but a nice uptown neighbourhood mall similar to Tropicana City/Ikano/ Empire. I would bet Jusco will be interested to get a foothold there since there is a sizeable Japo community.

As for the college, I recall there is already some confirmation (seems like it was APIT or HELP or some nursing college, cannot remember but definitly a college).

maybe something like selayang mall or south city plaza. where nobody goes

agree!

bro, are there any units still available ?

add in summit selayang, desa complex kepong.

owners are selling 70% below dev cost.

70% of developer price? which apartment are you referring?

still have afew. Call me 016 661 3178

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Added on July 15, 2010, 3:56 pmi think he is talking about the mall.

This post has been edited by fenture: Jul 15 2010, 03:56 PM

its discount 70% from developer price.

u interested?

yes, curious to know more. Do you mean the shoplot or the residence apartment nearby Summit Selayang?

For residency wise, PP is in a more premium area compare to Selayang or Kepong or Serdang.
And there will be KJ LRT line station just 5 minutes away.
i won't argue if anyone would say this LRT issue might be a promise that will never happen but let's see whether it will start work on November or not.

And for the Citta, I can say this might another "The Curve", since you guys also guessing only that it will be like Salayang mall or South City.
http://www.citta.com.my/concept_&_placement

PS: i've got nothing to with this project, just try to give some fair opinion on PP.

to me the citta mall will just be another white elephant.coz there is no big tenant for the complex. and the surrounding area is so DEAD, which big shopping operators will risk incurring losses there.

if u build it, ppl will come. this part of town still lack a community size mall.

it lack a community size mall because the catchment area is so small.

Actually the catchment is not small - ara d'sara, subang 2, subang jaya, ttdi shah alam even bkt jelutung, d'sara perdana & kelana jaya. It is just that the commercial area is fairly new and cannot compete with the established areas YET.

Well those that are vested in the area hope that it will catch up while naysayers hope that it will die......

I suspect Citta Mall will deliver much like Ikano as the demographic in the area (minus PP) is largely upper middle class. SD also plan to move most of its offices to the area.

This scenerio remind me of SS2 5-6 yrs ago where ppl argued that a RM180k condo cannot make it there, there is too many highrise already, no-one will go to a SS2 mall... Last I heard they are selling RM1.5 mil 5 Stones

Let revisit this post in 2 yrs time and gloat

will it turn out to be a bangsar shopping center. i doubt so.

not too small in 2014 though.