I don't think pavilion 2 can sustain it in bj.
Investment BUKIT JALIL CITY | AURORA PLACE | REV.O, Another megaproject starting very soon
Investment BUKIT JALIL CITY | AURORA PLACE | REV.O, Another megaproject starting very soon
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May 12 2013, 10:57 AM
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#1
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All Stars
10,722 posts Joined: Nov 2011 |
I don't think pavilion 2 can sustain it in bj.
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May 13 2013, 10:25 AM
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#2
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All Stars
10,722 posts Joined: Nov 2011 |
QUOTE(ronn77 @ May 12 2013, 12:08 PM) Any reason for that? It could easily attract crowds from BJ, Puchong, Sri Petaling, OUG, Kuchai and along the MRR2 which is densed areas so location wise I see no reason for failure. 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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May 13 2013, 11:24 AM
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#3
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All Stars
10,722 posts Joined: Nov 2011 |
QUOTE(Cocoon @ May 13 2013, 12:05 PM) 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? This post has been edited by tikaram: May 13 2013, 12:38 PM |
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May 13 2013, 12:10 PM
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#4
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All Stars
10,722 posts Joined: Nov 2011 |
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May 13 2013, 04:58 PM
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#5
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All Stars
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QUOTE(ronn77 @ May 13 2013, 05:37 PM) So you mean Pavillion will be wrong opening in BJ because big brand need to be located at right location such as KL city to attract foreigner and tourist crowd? big brand come with big pricetag.And what does Qatar I A has to do whether Pavillion make it or not? They send Arabians to shopping here ah? big price tag mean big rent big rent mean expensive items expensive items mean need high spending power Bj is resindential areas with mix income. Not tourist areas/ commercial/ Transport huge areas like Mid Valley/ Bukit Bintang. what do you think tourist wants to come here? Just to shop here? further more , the nearest lrt station is more than 1 km. not walkable. This post has been edited by tikaram: May 13 2013, 05:08 PM |
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May 14 2013, 08:22 AM
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#6
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All Stars
10,722 posts Joined: Nov 2011 |
QUOTE(ronn77 @ May 13 2013, 07:14 PM) Agree big brand means big price tag. let said i have 2 identical building. next to each other. Internal & renovation same. location old klang road.But big price tag means big rent? Who told you that? Location is the one determine the rental value. Paying rental per sft in bkt bintang does not reflect the same rental rate in BJ. Correct me if I'm wrong. A lease to "holiday vixx" another B "four seasxx" if you are not wealthy. Which one will you go? same location, same cost psf. will it be same room rate? |
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May 14 2013, 08:33 AM
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#7
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All Stars
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QUOTE(Chris Chew @ May 14 2013, 02:13 AM) Agree with you. wow!....Datuk Desmond Lim would not simply labelled it's product in Jalil City as "Pavilion 2" but not others. Anyhow, it is too early to judge if a Pavilion 2 at Bkt Jalil would be a flopped, since this is only able to materialize by 2022-2023. As far as I am concern with what Bkt Jalil had today, the area is slowly blossom, the population is going to increase in 2-3 years time, and we can see a different league by 2015-16 then 2017-18 before Pavilion 2 exist. suddenly location location location is not relevant any more? this area don't even have connect walking distance LRT la. Good luck to him ambitions become part of " property dictionary check list now" This post has been edited by tikaram: May 14 2013, 08:35 AM |
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May 14 2013, 10:14 AM
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#8
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All Stars
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QUOTE(Cocoon @ May 14 2013, 10:41 AM) 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? Traffic Volumn is the answerNot 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. High Traffic Sunway , One U and the curve have the traffic due to easy access and next to huge highway , have office, commercial and high income / spending power. Mid valley is at city center, many office and very near to transport hube. Even Seremban, Rawang and Tanjung malim people are shopping in Mid Valley. Sunway have many bus, Mid valley even more. 1U is the hube la no need to say. Very low Traffic BJ now. Lrt nearest soon need to walk > 1 km. No bus how to go there. BJ no office/ commercial now and maybe 50% sucess in future la. Road connection now.... Highway si beh bad 2 lane x 2 lane. Always jam at puchong/ selangor turf club rountabout BJ spending power can match Sunway? Subang? Damansara? Bangsar? I see so many medium cost only. Sri Petaling Endah is the example. ------------------------------------------------------- Just compare the car volumn in new pantai expressway, ldp, persianran surian, federal highway, jalan bangsar with BJ highway u will know what i try to say. I got to stop, I gave my opinion with point. Some of you guy no gave any point to support what u said. exmaple support your opinion with " ambition " This post has been edited by tikaram: May 14 2013, 10:19 AM |
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Aug 20 2014, 10:07 AM
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#9
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All Stars
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QUOTE(ivanpei @ Aug 20 2014, 10:16 AM) Worse case scenario is something like Paradigm/Tropicana style mall with the usual tenants like uniqlo Topshop Zara etc. By regional mall they are hoping it will be more Midvalley sized and scale with LV, Gucci etc etc. Compared to the other upcoming malls I think this Bukit Jalil one has the best chance to reach that high end level due to its location and also management. Malton is already a proven high end mall manager as shown by Pavillion. Did you know that mall management can influence brands to open in certain new areas. I stay in area mentioned by you.For example Suria KLCC can influence brands to open in Alamanda shopping mall so that the brand can secure a spot in KLCC as well. In that case Malton Pavi management has a lot of sway in getting good tenants and brands to open in BJ with the same tactic. Also BJ may be the new center of Gravity for Klang Valley. It's conveniently situated in the middle of greater Klang Valley between east west of Cheras- Shah Alam/Subang and North South Kepong-Putrajaya. It's right in the middle. i wont visit this bj mall for shopping as the travel time is nightmare. many of my friends wont also not forgetting we will have the ioi mall tis year. |
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Aug 21 2014, 10:48 AM
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#10
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All Stars
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Aug 21 2014, 10:52 AM
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#11
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All Stars
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Aug 22 2014, 10:06 AM
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#12
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All Stars
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Aug 22 2014, 10:09 AM
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#13
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All Stars
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Aug 22 2014, 10:12 AM
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#14
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All Stars
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QUOTE(UFO-ET @ Aug 21 2014, 12:08 PM) Kajang and Putrajaya hardcore supporter comes to Bukit Jalil thread to defend Kajang and Putrajaya property, ha...tats very funny to me, lack of confidence lol That is so wrong.I won't waste my time to comment the areas that I am not interested at all we kajang people also talk about mid valley mall wo. we strongly disagree with you when u said mid valley is going to be a fail mall wo. majority actually dont agree with you. Not just kajang n putrajaya people .so how? This post has been edited by tikaram: Aug 22 2014, 10:13 AM |
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Aug 22 2014, 10:14 AM
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All Stars
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Aug 22 2014, 10:31 AM
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#16
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All Stars
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QUOTE(HELLO HELLO @ Aug 22 2014, 11:25 AM) bj pavilion2 mall may fail. the biggest problem still the accessibility. and quite far from major highway. Oug will go paradigm oug. bj is a location easy to go out but not easy to go in. midvalley surrounding still growing strong and many high-end townships surrounding it. from bangsar to bangsar south, ecokl, damansara height, robson seputeh, brickfield biz centre, taman desa, some PJ township. okr now picking up. mv also much nearer to mk.. compare with bj. if compare between new ioi mall and bj pv2. ioi mall better chansi will success. Puchong go ioi mall or sunway pj will go paradigm sunway mid valley 1u seri kembangan go mines ioi mall kajang semenyih putra cyberjaya putrajaya part go ioi mall cheras go klcc n mid valley. who go pv2? Only some bj people as some bukit jalil also go mid valley n paradigm oug. pv2 look liks fail mall in the making |
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Aug 24 2014, 07:53 AM
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Aug 24 2014, 07:56 AM
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#18
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