Lol bro.. just calm.. if fine for them to give any opinion. The comment won't stop the development. Inaction will stop. Someone no action, we will make our own destiny.
We will see how far this Icon City can go.
This area transformation is started. Not so soon in next 5 yrs. but definitely look very different in 10 yrs coming down.

How many investors could sustain 5 or 10 years?

I can't comment on this. There are opportunist, short term n long term investor. Depend on their choice. No right or wrong.

But for 1 project to mature, it need long time to get to that stage. Or it may not make it.

But this Icon City location cannot be wrong. And you see Sunway Serene is coming up with Phase 1 also. BRT along Federal Highway also in planning now.. so the potential is there..

potential tenants waiting this area to fill up...majority is like waiting and see..
first market is slow
secondly most of them not so prefer on strata commercial

The location is undoubtedly strategic but management is also important e.g summit usj.

support.

This post has been edited by VLVL: May 24 2017, 02:37 PM

Summit re renovate and facing competition from DAMen. both not doing well

Bro, this is what u wrote. basically you were saying only vested parties can comment......then what you expect vested parties to comment? icon city is a bed of roses?

if need to wait 5 -10 years to flourish...why buy when it first launched? might as well buy 5 - 10 yrs later, no? imagine how much you would have paid buta buta for the first 5 to 10 years????

well said. he treats the forum as his own private group. he is the admin king

From the time u buy until 5-10 yrs, property price will fluctuate. But when everyone also see the potential of that property, they no longer can get back the price you bought at beginning. Of course that also a lot to do on management and development of the property.
Just like when Mid Valley begin. Some may doubt and hold on. Then when everything go on track, they also not afford to buy the property

For investment, there is a difference when a property is bought e.g. recession, normal time and bull run.

that building is an eyesore. everytime pass by oso betahan

look at the condition & selling price (u can easily get a 6XXsqf unit with RM150K) of leisure commerce square today, hope icon city will not follow it footsteps...

This post has been edited by Giant: May 24 2017, 04:13 PM

me too bro.
got a few query for rent.

Lol.. pity on you. You have to bear with your eyesore whenever you passby it thru Federal Highway and LDP.. hope won't hurt you too much😂

At this response rate, the gotham city will be 80% occupied if not 97% in 3 months time.

Not so easy to rent la at this moment 😓
They are lucky one.. but there are quite a lot own stay owner in Icon city

And to think just a few years back Leisure Commerce Square was thriving...

RM150k fr 6x sq ft for Leisure Commerce Square.... that is super low ... any reason?

location is not that bad compare to Icon City.....

hope someone can share why is so low or all this years Leisure Commerce square is suffering....

What is the current rental market? do you manage to get positive return?