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Investment GLOMAC RESIDENSI DAMANSARA [OWNERS' THREAD], Offices, Apartments, Retail @ TTDI
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David3700
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 Sep 17 2016, 09:45 PM
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QUOTE(DS4 @ Sep 17 2016, 06:03 PM) Looking at current rate of occupancy, GLO days are numbered... Now the group is relying on development return to fund the operating cost for mall as well as earlier committed finance charges. Within 5km, GLO, 1UTAMA, Tropicana City Mall, and Atria...plus upcoming Starling...total 5malls. Visited Tropicana City Mall recently, their rental rates are failing terribly also |
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David3700
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Sep 19 2016, 07:34 AM
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QUOTE(MonGJiHyo @ Sep 18 2016, 04:40 PM) so you think glo tenants have to wait till the completion of MRT?  look at nus zentral which located beside transportation hub.. and many offices nearby.. are they doing well especially those non-F&B outlets? even several F&B outlets also closed down because of poor biz and serve with court notice though the mall have numerous visitors passing by everyday.. Not just crowd but have to see what crowd. Ppl passing by Nu Sentral are always at a rush, those will not stop to buy. Look at DPC Waterfront, crowds are enormous. .... |
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David3700
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Sep 19 2016, 07:34 AM
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QUOTE(MonGJiHyo @ Sep 18 2016, 04:40 PM) so you think glo tenants have to wait till the completion of MRT? look at nus zentral which located beside transportation hub.. and many offices nearby.. are they doing well especially those non-F&B outlets? even several F&B outlets also closed down because of poor biz and serve with court notice though the mall have numerous visitors passing by everyday.. Double post This post has been edited by David3700: Sep 19 2016, 07:34 AM |
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