QUOTE(UFO-ET @ May 21 2011, 04:21 AM)
Better in terms of price? location? ease of tenancy?
mind to share?
Icon I also takut-takut...price / sf not cheap also
in terms of products, both are unique but icon city have the luxury of space to play around a bit and space out their buildings/components.
location, both are acceptable and prime area but again icon city have a slight advantage in terms of accesibility and unobstructed view from surroundings.
ease of tenancy. difficult to say. maybe m-city will have more ready tenants.
other factors:
m-city faces a fair bit of competition from surrounding developers. icon city main competition will come from paradigm by wct at kelana jaya?
m-city is much nearer to kl city centre. icon city enjoys federal highway conveniences (or inconveniences depends on how you look at it).
one special note. TMS is vested in m-city, m-suites, the icon @ JTR. they will need to promote all 3 and all 3 might be fighting for the same market share. else icon city, TMS will be marketing it against other developers.
i believe their hq is dated and should be relocated. but the big question is where are they gonna go? logically should be the icon but they sold it enbloc. where they go, it bounds to bring additional associates that work with them to set up offices. and am sure TMS will at least make their own HQ flourishes.
my 2 yen.