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 Your Worst Property Invesment, Share your story

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cy91
post Oct 16 2020, 04:32 PM

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QUOTE(xSphina @ Oct 16 2020, 03:46 PM)
Behind Nottingham Uni. Last time ong ong but now a lot empty house and some got grow forest inside already..
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Its called Nothing-ham for a reason.. rclxm9.gif
cy91
post Oct 16 2020, 05:19 PM

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QUOTE(bearbearwong @ May 24 2014, 09:01 AM)
Not only viva mall... southgate... too.. axis atrium maluri.. and one glaring collapse the spark salak south.. left major anchor

below are list of high potential collapse malls:
a) viva mall, loke yew
b) southgate, sg besi
c) the spark, salak south
d) 1 shamelin, maluri
e) axis atrium *both towers, pandan
f) giant mall, cheras , opposite you city
g) southcity mall, seri kembangan
h) kenanga wholesale city, kl
g) brem mall, kepong (tenants terminating tenancy)
h) ss2 mall, petaling jaya
I) giant mall, connought ucsi
j) carrefour mall, the queens avenue( opposite sunvelocity)
k)aeon, bandar mahkota cheras
l)scott gargen, klang lama
m) any more

malls under construction constructed poised to collapse bomoh predictions:
a) 1 almerin mall, balakong
b) setia city mall, setia alam
c) cheras sentral, cheras
d) maxim mall and residence, cheras behind cheras sentral
e) times square, kl
f) aeon, maluri upon velocity opening
g) 1 south, seri kembangan
h) etc

malls poised to prosper:
a) new IOI mall, putrajaya
b) mid valley, kl
c) low yat mall( of course LYN forum too)
d)sun velocity mall
e)tesco midah
f)tesco ampang
g) 1 utama
H)the curve
I) ikano power center
j) etc

please contribute more.. I found 1 similarities malls mostly at risk of collapsing has GIANT malls.. I notice..
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Quite accurate prediction back then.. Except for setia city mall which is still doing okay
cy91
post Oct 23 2020, 12:46 AM

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QUOTE(icemanfx @ Oct 22 2020, 11:37 PM)

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shoptlots and office are all burned investment. Some of them probably carrying loan more than 1m
cy91
post Oct 24 2020, 11:02 AM

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got a few new traps coming up.. For example GEMPOX at Nilai
cy91
post Oct 24 2020, 03:48 PM

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QUOTE(AnasM @ Oct 24 2020, 01:23 PM)
why dont they rent to nittingham student?
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Because everybody also think to rent to the students... Then who become the student? rclxms.gif
cy91
post Oct 24 2020, 03:49 PM

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QUOTE(qwerty223 @ Oct 24 2020, 12:49 PM)
lol and dont forget the classic one packaging leasehold better than freehold out of the city

imagine holding a million ringgit asset that depreciates and does not worth shit when refinance.
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Most shoplots and office attached to serviced apartment end up like this.. 1m++ loan but empty can't sell can't rent out

 

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