If I hv budget, I may consider Malton shoplot, I feel it is better buy than Sunway Geo commercial lot and DPC, with 2nd largest mall in Malaysia (after Times Square) adjacent to it, the rental mkt looks promising, large mkt catchment would ensure "continuous" tenant in long run.
Not necessary to capture 20K rent at the beginning, commercial play is a long term investment strategy, stretch to 30 yrs commitment, 15K at the beginning 5 yrs is fair enough, 20-30 yrs later, if ringgit further depreciate (and almost for sure will weak in long run), a bowl of mee could cost RM15 - RM30, rental can fetch at RM20K-RM30K (grd floor easily).

This post has been edited by UFO-ET: Aug 4 2013, 03:01 PM

Commercially, the biggest mall in Malaysia is actually 1 Utama, followed by Mid Valley Megamall, Sunway Pyramid and then Berjaya Times Square, Queensbay Mall and AEON Bukit Tinggi Shopping Centre. Our top 3 largest malls are in the world top 10. http://en.wikipedia.org/wiki/List_of_large...ls_in_the_world

In terms of future malls, Jalil City will compete with IOI City Mall, CentralPlaza i-City, Cochrane Mall (proposed 11 floors) and Empire City Thematic Mall to take the BIGGEST title. Also bear in mind, both Sunway Pyramid and 1 Utama are in the process of expansion as well.

This post has been edited by accetera: Aug 4 2013, 03:09 PM

All Taikor, I know investment in property will have certain risk. But, invest in commercial lot higher or highrise? Whereby commercial lot is talk about million and million. Really headache

Boss is malton stil keen to put the shops on sale? As I know its not confirmed but really hope they open up to public soon.

agree that this malton thing is better than Arcadia andsunway geo.

They will allocate some for public, question is are those choice one?
Commercial is really hard for prime location now

Wow sounds very tempting. Boss if u hav 1st hand info, pls do share share with siu dai. Kamsiah kamsiah.

All kind of investment has risk.
Result of Investment = Gain / Loss
High price /= high risk
Own a lot of properties /= high gearing
Every sector has gold mine
Put all the eggs in one basket could be a very successful strategy, unless yr fund is enough, otherwise I dun see any need to diversify yr investment, just invest in area that you are familiar (Focus). In certain part of Kelantan, land value has gone up 2000% in 13 yrs (vs Setia Alam bungalow land bout 900%)
Every single project has multiple level of risk, i'e shoplot facing main road has lesser risk then inner rows, lowest floor unit has higher risk than higher floor (nut price cheaper)
My advice :-
Before you enter into property investment, must understand a few basic principles.
At this moment, I foresee apartment has greater risk (2X) than commercial shoplot (in general)

My 2 bakuli

This post has been edited by UFO-ET: Aug 5 2013, 12:13 AM

4mil for ground + 1st floor!! What the hell

4mil for ground + 1st floor!! What the hell

Actually ground and first at 4m is at market rate. Setiawalk, IOi boulevard, Scott garden, solaris mont kiara, sunway at kotadamansara already around that price, some r more..

Really WTF!
But it will be fully taken up!
It is easier to maintain right?
I think my Seria 88 @ Setia Alam is really a steal now, 1.1 mil for grd and 1st.

This post has been edited by UFO-ET: Aug 5 2013, 12:16 AM

Boss depend on the size. I bot a similar project by malton at almost the same price 3 yrs ago. So if tis project selling at 4mil, can stil consider.

I been to Ho Hup sales office (Bukit Jalil) years ago, their 5 storey offer around 3.2 - 3.3mil with 10% discount

Need 17k rental for 4mil! Ground floor 12k and 1st floor 5k!!

That's was launched before Malton filed in an appeal against the lawsuit! Ho Hup refund all the booking monies to those purchasers.
A group of old purchasers are still fighting with Ho Hup to get back their unit which is no longer exist anymore.
Funny to see that Purchaser dun want the developer to refund their booking, LOL!

Real Story :-
Ho Hup : Pls pay deposit to buy my 5-storey shoplot at 3.2 mil
Purchaser A : Too expensive! After consider, I buy
6 mths later....
Ho Hup : I lost the lawsuit, I cancel the project
Purchaser A : Scary...Ho Hup finish liao! Give back my booking money!!
4 mths later....
Ho Hup : I hv settled the issue with Malton out of court
Purchaser A : I want my money back!!
3 mths later
Ho Hup : I change my plan and design, now 4-storey - 3.4 mil, 5-storey - 4.6 mil - 5.3 mil, pls book
Purchaser A : Pls dun give the money back to me, I dun want, I dun want! Pls give me my 5-storey at 3.2 mil!

LOL LOL!

This post has been edited by UFO-ET: Aug 5 2013, 12:57 AM

Bargain for a 5 storey with tat price.

Those who bot can sleep well even w/o tenant for the top 2 flrs.

Yup around tat. Bout the same rental as the Giza today for an inter unit.

Giza 1st, 2nd floor rental ok or not?