Imagine if you are staying in Taman Mayang, instead of going through the existing 1-way tunnel and you have to detour around to the Fas tunnel and the Hindu Temple to get there, will it be troublesome?

I reckon banks must take the lead to build up the township, bank is the most important element in building a township, but we are seeing some positive in ara damansara, Maybank is opening their branch in ara damansara, it's near to the Oasis if you don't know. With the current Citta mall in place, it would be good too and there are several anchor tenants like harvey norman and etc, even MBO cinema is coming in by next fall. and Tesco is also looking into the possibilities of setting up one tesco here in ara damansara. definitely this will boast the township. but anyway, let's hope for the best.

a correction to your earlier perception on the red warriors protesting the high residency building, in their plan, they will be more than 10 blocks amounting to the region of 2k-2.5k units. so you know what then......?

Mont kiara per sqf price still reasonable compared to eve suites.

Quite true too

Mont kiara now suffering from lower rental demand as more expats leaving the country due to bad govt policies. High foreign investor area like klcc n mk that explains the high rm per sq ft area will be hit in the near term. Actually, this has already started in the last 2 mths.

MK is already a mature area...chances for capital gain very slims
only can play rental but...as we know...many fighting for tenants!!

Have you bought a unit there?

I don't even need to imagine it, I live at the area, I have been there before, because of Mayang folks I have to jam an hour to get back to home and worst when raining. Anyaway it is not all their mistake, they are just too tired to see lots of car jamming in front of their house. I feel them, because ara damansara will soon be like that if no proper planning.

Maybank, Tesco, MBO and harvey norman is all near to lembah subang citta mall and oasis.

It is the Taman Mayang people who want to have it to be one way or better close once and for all. Anyway, they just think about them-self. Because of this it kill off half dead NZX mall. Now there is MRT, they allow 2 ways.

I know nuts, do you know lots? Pls I am just questioning, I am not attacking anyone here. They are not protesting Eve development because it is not really at ara damansara. I am trying to say this area is choking with condos without a good planning.

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Added on November 2, 2011, 9:00 amThere you go. good answer.

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Added on November 2, 2011, 9:07 amThis morning I pass through the Eve development site again.

I must say the progress is slow compare to Pacific who launch at the same time or later then Eve. I can see that the place is so small, even the lorry is taking a hard time to take a u-turn into the development site. Do not try to attack me again all fellow EVER, I am just expressing my view.

This post has been edited by kelvinfixx: Nov 2 2011, 09:20 AM

It was in the newspaper yesterday...

There is really no quick fix in making an assessment on a future development investment.It's quite true that Ara's commercial yield has not been attractive so far.Moreover NZX has been a failure due to multiple reasons. To be fair and objective,as compared to past scenarios in Ara Damansara, we do see some potential in few years time down the road if certain important criterias are factored in.

1) the development of Ara as part of commercial area spearheaded by Sime Property in moving its headquarters into
Oasis and up and coming Subang Medical Centre.If Sime do not see this area as strategic,they may not do
so.Besides, with two malls coming around, it will help to revive the image of ad.

2) Ara strategically located and supported by major road infra:-

Subang (likewise inflow from congested Subang)
Shah Alam (likewise inflow from halal shah alam)
kesas highway
federal highway
nkve
LDP
subang airport (the nearest airport in town and potentially Air asia hub in the future?)
RRIM development in Sg Buloh (up and coming massive development)
Tropicana link(inflow from affluent matured market)

3) Up and coming LRT stations connecting to KL area.

Of course,Eve may not be in the most attractive location but then again with the revival of Ara damansara in the future ,Im sure Eve may benefit from it,so does NZX as a niche commercial centre.

The Eve has its niche due to fully furnished designer's unit,linking bridge to LRT station and being attractive in terms of the the layout,facilities and extra carparks.Of course there are cons as well.

The total capital outlay is considered affordable by most middle income Malaysians with the consideration of hassle free fully furnished unit with extra cparks(say conservatively,it cost RM50k for furnishing and 10k for extra carpark).These are important internal factors for consideration.Of course per sf basis,mt kiara's fully furnished unit shall be much higher and perhaps bigger unit with higher capital outlay.

NZX could be empty rite now, but I do believe there is potential in becoming a niche food and event hub as it is a built with covered boulevard.A spark with major investment from few popular tenants and the crowd may start coming in again.(why not,coz the psf price for NZX is RM300 or less plus the rental is dirt cheap at the moment).If it happens,by then,Eve will be seen as an attractive investment that also comes with shoplot covered boulevard.Besides, the big plot of land besides NZX is to be developed into an international school.Now, if there is such affluent market segment projected in Ara Dsara,I believe in tandem,there will be high spending power within the vicinity.In ara dsara itself,inter double storey house is going for RM700-800k and semid going for 3 mil plus,and new bungalow is 4-5 mil.

Let's be objective in our discussion folks.Of course there are other project for investment but sometimes we still have to look at the probabilty game mar..peace

MK is suffering from rental problem since beginning last year (not 2 months ago) but only hit on big units....there are over supply of big units with over price issue...

Great answer!

But I won't think that they can revive NZX mall and it surrounding area. the shop a few meter away is not fully occupy also.

There are another mall called Citta, it is great, near to all the offices like puncak dana and oasis. Who is going inside to Eve or NZX for food and shooping?

There will be Tesco which is near to Oasis and Citta. Who is going to buy grocery from NZX mall and Eve?

Ara resident won't spend their money at NZX and it surrounding area for sure.



This post has been edited by kelvinfixx: Nov 2 2011, 03:09 PM

I fully agreed. Nzx is at the dead end of the roads for those coming from tropicana, Dana 1, oasis and just make no sense why should people come over and what is the main point to lead them coming over? for those staying outside the tunnel hard to come in too unless necessary. Some of the shops at nzx will survive but not all.

If nzx has many empty shops, what about those under eve, will it be cheaper rental to attract tenants?

It just make no sense people will go there to eat or shop. Only a few shop will survive.

Cheap rental, no business, no people want also.

Kuala Lumpur: Tan Sri Ravindran Menon's Subang Skypark Sdn Bhd is believed to have received an offer from the government to undertake a RM1.5 billion project to build a railway line, people familiar with the matter said yesterday.
The railway line is to help connect the Keretapi Tanah Melayu Bhd (KTMB) station in Subang Jaya, Selangor, to the Skypark Terminal at the Sultan Abdul Aziz Shah Airport.
Business Times understands that Subang Skypark will also link the line to the Sungai Buloh-Kajang Mass Rapid Transit (MRT) system, where it will integrate with the MRT and KTMB stations in Sungai Buloh.
Subang Skypark is the developer for SkyPark Terminal, formerly known as Terminal 3.
The company has been lobbying the government to build the railway line for more than five years, sources said.
It is understood that the railway project was recently approved under the Economic Transformation Programme to improve public transportation.
"This is a Private Financing Initiative where the project will be funded by Subang Skypark. The project involving 23km may cost between RM1 billion and RM1.5 billion," the source said.
Ravindran, who is Subang Skypark executive director, was not available for comment.
The source said the project will be undertaken in two phases over a period of two to three years.
Under the first phase of development, the firm will construct a new railway line using the existing alignment from the KTMB station right up to Sri Subang near the roundabout leading to the airport.
Petronas funded the existing alignment for KTMB to transport petrol from the station to the airport. The train service was halted a few years ago.
The source added that Subang Skypark will then extend the railway line by about 8km from Sri Subang to Skypark Terminal.
"The government wants train services between KL Sentral in Brickfields right up to Skypark Terminal to start in two years," the source said.
For phase two, the company will extend the railway line by about 15km from Skypark Terminal to Sungai Buloh.

Seems a lot of happening around subang airport.Hopefully it will serve as another catalyst to revive ara commercial.

I have no doubt ara commercial will do well. First of all Eve suite is not ara damansara. People live that area know that it is difficult to revive the area any time soon.

This post has been edited by kelvinfixx: Nov 3 2011, 09:37 AM

I fully agreed with you.Eve is doomed from the beginning!

Doomed!!! Hehe.

hahahahaha...lol....yes....Eve is definately not at Ara Damansara. The Skypark is far from NZX and EVE area. Now no matter how i do not see Skypark will boom because totally failure after everything move to KLIA. Totally do not understand why airport here airport there which is a waste!! Even with some little customers visitng Skypark, i do not see why should they purposely take LRT come to NZX and EVE....just not make any sense (they do not even know what is NZX or EVE)....

Yes totally agreed .
With Mas and AirAsia going to tie up some type of merger on airline route .How this going to beneficial to firefly.?
Does not make sense to build a railline to subang ?

Just a total waste.

update: 4nov



This post has been edited by blackJax: Nov 4 2011, 02:11 PM

Thanks for the pic!