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Investment BUKIT JALIL CITY | AURORA PLACE | REV.O, Another megaproject starting very soon

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Cocoon
post Jan 1 2012, 03:49 PM

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QUOTE(UFO-ET @ Jan 1 2012, 01:54 PM)
I believe majority of those purchasers who bought the recent new projects in Bkt Jalil are unaware of this mega project, some are buying for own stay, I believe many are investors who are looking for short term gain or rental play. Existing condos in BJ is bout 4500 units, new supply (including Parklane) in coming 4 yrs will hv 8000 units pouring into the mkt, the sign of over supply has emerged as I dun see there are increase of quality tenants in BJ.
if Jalil City never built, then around 12K units of condos in BJ vicinity, it is already a "great danger".
If Jalil City successfully runs, then another estimated 1500 - 2500 service apts wil be supplying to the mkt, it is not a good sign either.
Nevertheless, I foresee a huge jump of population in BJ by 2015, shop play is definitely a safer bet  smile.gif
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Too hard to win in Condo... agreed to the dot that commercial is safer... if you bet on sri petaling shops is even safer
Cocoon
post Jan 2 2012, 01:44 AM

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QUOTE(UFO-ET @ Jan 1 2012, 11:11 PM)
Correct  nod.gif
I am praying my ''ang kong'' everyday  biggrin.gif
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Taiko UFO has vested heavily in BJ and kinrara hehe... if jalil city jadi, UFO ET will have much much money to invest in his own planet rclxm9.gif
Cocoon
post Jan 2 2012, 01:47 PM

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QUOTE(UFO-ET @ Jan 2 2012, 01:45 PM)
Oh my God  notworthy.gif I know you definitely hv it Kam sia Kam sia notworthy.gif  notworthy.gif
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Is this the final one or already superseded?
Cocoon
post Jan 2 2012, 02:10 PM

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QUOTE(UFO-ET @ Jan 2 2012, 01:58 PM)
Top 3 of my selection project, shd be final already. Tai Kor accetera info is very very fresh one rclxms.gif
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Apa dua remaining project? boleh share share ka...
Cocoon
post Jan 2 2012, 02:35 PM

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QUOTE(puchongite @ Jan 2 2012, 11:35 AM)
Personally I think the chances might be 50-50 as I am not entirely optimistic. Also timing is critical. If it drags too long, it's as good as gone.

In order for a commercial centre to be successful, there are certain critical success factors. Firstly, the road access design, the flow of traffic into the area is important. Next ability to secure reputable anchor tenants is important. Both of these see them missing in some of the failed shopping malls/commercial centre.

And finally, the current HH sales office in a 2 storey shop lot surrounded by mostly empty shop units is not helping. It just does not give me the impression of a mega project.
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50:50 is quite good d! haha
1) The access road. In the plan there will be interchange to Sirim/puncak jalil. Also there are roads directly link from BJ highway to the mall (both to astro and kinrara direction). The existing road near future lai meng school will be connected to the mall and bUkit oug and Kesas directly.
2) Anchor tenants are one of the problems. Thats why M is in better position to dev and mgmt the mall
3) the 2 storey shops look quiet but all fully tenanted out. The back road is rented to APIIT. And no sellers at all... y hh is there? Of coz la, they own the shop and near to the site area mah hahaha...

Cocoon
post Jan 2 2012, 08:47 PM

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QUOTE(puchongite @ Jan 2 2012, 05:14 PM)
After your good analysis, now it is 60:40 lar. LOL.
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orr... then i should have told you more to make it 100% LOL
Anyway I hope to this project can take off successfully, good for everyone.
Cocoon
post Feb 28 2012, 06:53 AM

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QUOTE(joeekh @ Feb 27 2012, 11:01 PM)
abang ufo...
since u very geng ah..
wanna ask u ah..
the land between seri rakyat & mosque..
what they building ah..?
see they fenced up the land liao...
got some kind of earthwork de..?
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Building link house. only 40 over units by Melati Ehsan Group.
Location really so so. Being sandwiched between the Surau and low cost flat....


Added on February 28, 2012, 7:00 am
QUOTE(pjguy @ Feb 28 2012, 01:01 AM)
hehe...finally lai meng is started to build in bukit jalil rclxms.gif

any idea how long would take to contruct the school?

after lrt n lai meng school build, surrounding condo will appreciate to higer value  thumbup.gif

i still waiting jalil city...
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I think buidling a school is pretty fast saying 1 year or so. But the installation of equipment/fixtures and moving school will take another 6 months or so. So fastest is beginning of 2014 kua...

LRT+ Lai meng, property prices will definately increase but unsure about its magnitude...

Jalil City- i think still a long shot. The court case keep postponing ...

This post has been edited by Cocoon: Feb 28 2012, 07:00 AM
Cocoon
post Feb 28 2012, 11:20 AM

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QUOTE(for3st @ Feb 28 2012, 09:06 AM)
when will be the lauching for LinkHouse by Melati Ehsan Group?

any idea / info how much will be the price range...?
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1m and above. The size is only 22 x 75.
This make the SEri jalil link house look so cheap with much better location.
Launching date not sure but u can register with them


Added on February 28, 2012, 11:23 am
QUOTE(UFO-ET @ Feb 28 2012, 08:43 AM)
I heard MALTON is seeking arbitrageur aids, court case keeps on. Those who has placed the earnest deposit for shoplots hv been informed by HH that their money will be refunded.  blush.gif
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How I wish they can jointly dev it and everyone wins . Everything is going smoothly except this big elephant

This post has been edited by Cocoon: Feb 28 2012, 11:23 AM
Cocoon
post Nov 6 2012, 02:59 PM

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QUOTE(cybermaster98 @ Nov 6 2012, 08:27 AM)
Any update on this development?
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Ho hup's aurora place Shops are in the midst of signing spa. The condo launch should be next year same time as malton's condo. Malton commercial is on the way too but unsure timing

COming d! Hold tight!
Cocoon
post Nov 6 2012, 03:40 PM

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QUOTE(cybermaster98 @ Nov 6 2012, 03:16 PM)
Whr's the exact location of Jalil City actually? Im not familiar with Bukit Jalil so do tell me based on Kiara Residence 2 location.
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Opposite the treez. Until near the Calvary church 60 acres in total
Cocoon
post Nov 7 2012, 10:30 AM

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QUOTE(ronn77 @ Nov 7 2012, 09:38 AM)
By the way does Ho Hup begin selling their commercial shops?
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Fully sold d. Only left with odd shape size shops may be 2 or 3 units... The signing of spa is in progress.
Cocoon
post Nov 7 2012, 11:46 PM

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QUOTE(cybermaster98 @ Nov 7 2012, 05:23 PM)
Whr's the location of these shops? How many units?
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Opposite jalil Damai. Total 60 units ranges from 3, 4 n 5 storey. Price from 2.7m (3 storey), 3.4m (4 storey)
Cocoon
post Nov 17 2012, 02:39 PM

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QUOTE(cybermaster98 @ Nov 17 2012, 02:17 PM)
Isnt 2.7mil a bit high for the area?
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Hmm I dOnt think do in fact I find it cheap compare to the existing shops in bj
Cocoon
post May 11 2013, 11:19 AM

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QUOTE(accetera @ May 10 2013, 11:04 PM)
Desmond Lim planning Pavilion 2 here...
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Ada picture to see ah? Any more info ?
Cocoon
post May 13 2013, 11:05 AM

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QUOTE(tikaram @ May 13 2013, 10:25 AM)
pavillion is branded mall name.

for surviving in bj.
1) big mall can't make it. Only community small mall still ok like jusco cheras selatan
2) in BJ , Big brand not possible. More suitable is mix tenant but mix tenant also mean non-competing shops. So can't be big. Just small.
3) small sapce rents is more negiottiable, could be just rent for 1 year contract 
4)  less renovation cost, offering below average rent price.  compare the pavillion huge mall mean for tourist which need huge renovation cost  & need longer contract and higher rental cot.

I repeat. Pavillian is big brand name. It cannot allow its brand to go lower so it have to go for huge. high class ( high rent la), don''t allow mix tenant ( tarnish its brand).
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I believe Desmond is more ambitios than what you suggested.
Cocoon
post May 13 2013, 01:50 PM

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QUOTE(tikaram @ May 13 2013, 11:24 AM)
Ambitions is one things. Weather can make money is another afterall he has to answer to shareholder and his accountant will kaw kaw showing bad investment return.

Just wondering u based on what?

are you saying it because of his pavillion mall @ BB?

Do u know pavillion can make it was partly due to Qatar I A?

I also hope he can make it.  But at this moment the reality is he can't due to we are not ready for another huge expensive mall in BJ with our low income.

Please share some reasons why do you think so?
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Relak bro I got no facts nor insider info on this project to back my comments. Just thinking with his cash pile n existing brand name than he can leverage, he won't choose a easy path for low return. Just my personal gut feeling
Cocoon
post May 14 2013, 09:41 AM

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QUOTE(tikaram @ May 14 2013, 08:33 AM)
wow!....

suddenly location location location is not relevant any more? rclxms.gif  rclxms.gif  rclxms.gif

this area don't even have connect walking distance LRT la. Good luck to him sweat.gif

ambitions become part of " property dictionary check list now"
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Don't really understand your points. Sunway pyramid don't have lrt, one U the curve don't have lrt, mid valley don't have lrt but with a pathetic train ststion. These are top malls outside city Center. So is lrt station a must for a mall to be successful?

Not sure y u have a impression that here is a poor folks area? Bj is no dh but is not a bad location at all.

Anyway I trust the tycoon could justify himself better cause he puts money where mouth is.
Cocoon
post May 15 2013, 12:27 PM

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QUOTE(UFO-ET @ May 14 2013, 03:09 PM)
Another Hot Spots!

Since 2005, the master plan has been changed at least 3 times, interchange has been proposed for every new plan, Ho Hup even make a model interchange in the sales office (I saw it in 2005), is a 3 layers of diamond interchange.
Malton will definitely fund the construction as it needs to draw the huge crowd fr Putra Permai / Equine / Cyberjaya.

Apart fr Ho Hup 60 acres of land, there are 5 more plots of lands in vicinity (pending for development), Ho Chin Soon did mention during 2009 that one of the 3 best golden land in KV now was the stretch fr Bdr Kinrara - TPM (left and right).

[attachmentid=3437891][attachmentid=3437893][attachmentid=3437894][attachmentid=3437895][attachmentid=3437898][attachmentid=3437899][attachmentid=3437909]
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There should be a diamond interchange at sirim. And a road directly connect next to the Ho hup project to bj highway. Rumour has it that an elevated road along jalil sutera n SEri jalil linking this jalil city to kesas. The existing 1/155 will be widen to 3 lines from Oug till church.

No office? No commercial at bj? Ya is true, but optimistic ppl see it as opportunity, pessimistic ppl see it as setback. Mid valley started from empty land without any commercial or offices next to it. It created all the commercial n offices by itself n make the mall sustainable.
Cocoon
post Aug 4 2013, 01:29 PM

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QUOTE(UFO-ET @ Aug 3 2013, 07:03 PM)
Correct.
Initially when WZR launch their The Earth shoplot,
70% of the potential buyer waited for Ho Hup / Malton Jalil City, hoping can get around 2.5 - 2.8 mil,
when Ho Hup launched Aurora Place 3-S (no lift no frontage 2.7 mil), 4-s (shared lift) 3.4 mil, 5-s (4.6-5.0 mi)l,
70% of potential buyers waiting for Malton, rumor that Malton 3-S shop selling 3.5 mil (with lift),
WZR fully sold after Ho Hup launched
Ho Hup sold bout 45/62 units, many waiting for Malton, my buyer kept waiting
When Malton indicates selling 2-S strata at 4.0 mil, all unsold Ho Hup units all taken up. My purchaser regretted!
Now 70% of the potential buyer waiting for WCT shoplot (Paradigm OUG)
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I was one of them thinking abt this strategy. However IMHO I think the earth is a diff animal and cant compare to this side of bj. It is not located in the Center of gravity despite fronting highway.

If what is said is true, the pricing by malton is really steep, 4m for 2 floors require abt rm20k rent to breakeven. Is this pricing higher or comparable to Arcadia @ desa park city? !?!

If u wait for the oug project, don't be too optimistic abt it. I heard the project will only commence much later and chances or u getting a ground floor unit is slim because they are known to keep many units for bosses n related ppl. Unless ur cable is really big, those contractors working for them also got problem of securing one. Also it is in oug where banks already have presence at older area ie citrus park and this place is very close to Sri petaling where the commercial area is ahead of them.
Cocoon
post Aug 4 2013, 01:42 PM

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QUOTE(UFO-ET @ Aug 3 2013, 07:03 PM)
Correct.
Initially when WZR launch their The Earth shoplot,
70% of the potential buyer waited for Ho Hup / Malton Jalil City, hoping can get around 2.5 - 2.8 mil,
when Ho Hup launched Aurora Place 3-S (no lift no frontage 2.7 mil), 4-s (shared lift) 3.4 mil, 5-s (4.6-5.0 mi)l,
70% of potential buyers waiting for Malton, rumor that Malton 3-S shop selling 3.5 mil (with lift),
WZR fully sold after Ho Hup launched
Ho Hup sold bout 45/62 units, many waiting for Malton, my buyer kept waiting
When Malton indicates selling 2-S strata at 4.0 mil, all unsold Ho Hup units all taken up. My purchaser regretted!
Now 70% of the potential buyer waiting for WCT shoplot (Paradigm OUG)
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