DU station is very far from the office hub. The train riders will have to walk from the train station across the housing area where those ppl are complaining live in to reach the office.

I guess the one who benefits most from the DU station are glomac centro and pelangi utama residents and kayu ara squatters.

This post has been edited by mthc: Jul 7 2015, 02:37 PM

Bro are the yellow boxes in that pic you posted potential future LRT stations?

Village grocer wanna pull tropicana crowd who shop in jaya grocer along Persiaran tropicana. Gg ady jaya grocer.. waiting to close shop soon.

It's an interesting place la. Damansara crowd would definitely visit this place. They even frequent mj cafe a lot. Pretty good chill out spot.

Pls have more open air parking can ady.

This post has been edited by mthc: Aug 28 2015, 12:45 AM

Jaya there damn cramped la bro. Trolley also smaller than other grocers. You will know what I mean if u go there yrself. Yeah they are doing well now because they got no competition ma..

+1.

JG has extremely limited parking space and it's really small. It's basically 5 shoplots or lesser. The crowd is definitely gonna be pulled away. VG on the other hand has an extremely perfect location for parking and other activities too, definitely on the upper hand.

Hopefully :/

You are really right about the centrepoint for BU.

TA is gonna be the Centrepoint for Tropicana.

Haha feel you bro. It's a long way going to mj area from cp too

His feng Shui belief. Everything can flow into bu but not out.

That's why the road from bu to curve was only opened recently

Typical shc style and pattern la. Haha!

Actually what's the reason ah boss?

Is it because users from tropicana will cause more jam during Peak hours? This is damn true. The bu11 bridge is seriously damn bloody jam last time. The traffic eased a lot after they closed the access towards tropicana and from tropicana.

This post has been edited by mthc: Sep 4 2015, 10:14 PM

You may think it's inconvenient for u. But what abt the residents of bandar utama? It's BUCC land and they are fighting for the ease of bu residents. So what if it's only 5%?

Do u know how jam can that bridge be with that stupid access?

If you are capable pls go and Sue them. Thing is u and all the other a zi a zo protesters including bukit lancang assembly men/woman can't. Seriously.. sometimes wanna fight also pls monitor the traffic flow first la. don't fight just for the sake of fighting. Fish market?

This post has been edited by mthc: Sep 4 2015, 10:19 PM

Lumi tropicana vs tropicana avenue.

Pros and cons?

You mean Lumi will become an abandoned project?

But thriven global has a CG from mulpha international (a rm1.2bil paid up capital company with a profit after tax of rm480mil in 2012, a holding company focuses mainly in foreign land development mainly Australia.)

Thriven global revenue jumped 3 folds since 2010 to 45 mil in 2014. No dividend delclared which shows shareholders financial commitment towards the company. This is further supported by a 3 times increase in paid up capital to 22 mil from 9 mil in 2013 probably due to lumi visions. Reason for their low revenue was due to no big launches and rev being recognised upon completion of projects.

Thrive purchased a rm113mil from tropicana in 2013. But mulpha int acts as a CG to thriven with a paid up cap of 1.2bil.. I don't see how is a 113mil land cost a high risk given lumi tropicana itself carries a gdv of 850 mil.

Land cost is high? but price for an average unit in lumi tropicana is 1.2 mil. They sell 94 units ady cover the land cost. So far they already sold roughly 100 units with confirmed bank approval.

Pls enlighten me.

I personally felt that it will be a show down between TA and Lumi. Let's see what kinda tenants will they bring in. But TA shops are strata shops while lumi ones aren't. Well both TA and LT will bring vibrant to Persiaran tropicana.

This post has been edited by mthc: Dec 11 2015, 01:43 PM

If 10% is high risk then all project financing can go longkang already.

Yes 45 mil turnover is very small but it was a 3 times fold from 2010, given that it's the subsidiary of mulpha int. And even if it's a 22 mil paid up capital company, it has a solid TNW of 140mil. So does that mean all the sme with 500k paid up but million of TNW are considerably small also? Lol.. Bro.. this is a developer and their revenue is recognised upon completion of projects. If there are no projects yet to be completed then how would the revenue be big? Some developers recognise their revenue upon progressive billing.

You said that there will be a risk of execution in the events of default plus it's 113mil land cost which is deemed high in yr scenario but mulpha int acts as a guarantor to loans from bank. Given the size of mulpha int, the land cost is nth comparable to its CG"s paid up of 1.3bil or a clearer indicator, it's TNW of 2.4bil. Thriven TNW of 140mil is able to cover lumi tropicana land cost of 113mil already. And also fyi, purchasing the land and securing a contract to finance the project are two different events so ya.

I'm just giving an indicator to yr high land cost in terms of a gdv. Ya I admit I was being sarcastic in comparing. Idk how to calculate bro. Just trying my luck to keep my job with false calculation.

I'm learning too. Cheers buddy

This post has been edited by mthc: Dec 11 2015, 07:23 PM

DIBS players kena pressured? 660 sq ft asking for 570k. That's like 860 psf. Bigger units are asking for 900 psf above. TA appears to be a heavy flippers project.

http://www.propwall.my/tropicana/tropicana...&taggable_type=

This post has been edited by mthc: May 5 2016, 12:14 PM

Haha. This area doesn't have good public amenities and still lack of commies. Let's see how long can these DIBS players hold. It won't be too long till one can snap up some DIBS chicken.

You live in TA ah boss?

Boss not about rich or poor. I remember TA was still selling at 900 psf developer price after disc back then. Now 860 psf. Why is the price trending downwards? And why are the bigger units here asking for 900 plus psf?

Hopefully the rise in the commie activities here and the upcoming LRT 3 will push the price to an uptrend.

Don't need to call me singam lingam. I posted a link from propwall earier so I'm just saying what I saw. Maybe you should call propwall a singam lingam then. Millions apologies if any of these harmless comments scratched yr butt. U can go to the clinic in TA to ease yr butt hurt. Kthxbye

http://www.propwall.my/tropicana/tropicana...&taggable_type=

This post has been edited by mthc: May 5 2016, 03:05 PM

Ok

This post has been edited by mthc: May 5 2016, 03:59 PM

1.35mil can get middle floors 1550sf in Lumi. Almost fully furnished with 3+1 bedrooms, 3 toilets and 3 balconies.

This post has been edited by mthc: Apr 14 2017, 11:18 AM