QUOTE(r47z @ Sep 17 2010, 05:29 PM)
I have been to the sales office in Solaris following the lauch of the office block. While the price is on the optimistic end (over 600psf), the sales people dont seem to know much about parking availability to office block. There is about 1200 car parks for the entire development. It is not clear how they are allocated. Upon further checking, the car parks are actually retained by the developer as a stand alone entity. If the developers were to sell the car parks to a parking operator, it may have an adverse impact on leasing since the cost of car parks will only head north.Recent examples are Empire Subang. The asking rate for car park (300+ per month) is already affecting the lease of the bigger office units.Buyers beware - developer and property agents can promise many things, make sure you check the fine print before you part with your money.
Apr 5 2011, 05:50 PM

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