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Da Men @ USJ 1 ( Next to summit ), Discussion of Vesting potential
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topearn
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Feb 24 2016, 10:43 PM
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QUOTE(HarpArtist @ Feb 24 2016, 08:36 PM) It was rm2 for chicken that costs rm5..then free kopi n pastry with NO purchase required. I really hope this brings people or what next?? pay u to eat thr?! how long the biz can keep throwing money to exchange for footfall? Which outlet in DM selling chicken for RM2 ? Any condition attached ?
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Jagalat
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Feb 25 2016, 01:18 AM
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QUOTE(Babizz @ Feb 24 2016, 09:27 PM) Nope..i bliv starbuck cost more than that to make.. I only know of 1-2 starbuck with bad biznes n close down with 1 being nzs mall in ara d.. if tamen starbuck still empty i know where next after few yrs.. http://starbuckslocations.net/Malaysia/The link spells both open and closed down Starbucks outlets in 7 pages ... Anyway the closed down status is not up-to-date. If l recall correctly, one of the outlets in front of GSC BTS (not the one in border) and one at first world shopping mall had been closed down.
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icemanfx
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Feb 25 2016, 05:51 AM
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QUOTE(Babizz @ Feb 24 2016, 09:03 PM) If u bliv thats how costs are calculated, then u cn never be a bizman.. Beans are just one of many variable costs..what abt d fixed costs then?? For a cup of coffee beside bean, water, paper cup, milk and sugar, what else is variable cost?
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dawnrose
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Feb 25 2016, 07:06 AM
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https://youtu.be/j_ktN_h7-J4Really hope it doesn't happen here. Few years back a property guru says you should leverage loans at least MYR 3 Million on property. I think many followed his advice. Man this is scary.
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Babizz
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Feb 25 2016, 07:18 AM
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QUOTE(Jagalat @ Feb 24 2016, 11:18 AM) http://starbuckslocations.net/Malaysia/The link spells both open and closed down Starbucks outlets in 7 pages ... Anyway the closed down status is not up-to-date. If l recall correctly, one of the outlets in front of GSC BTS (not the one in border) and one at first world shopping mall had been closed down. I bliv d first world hotel one is a bad location cos gentings starbuck sales is 2nd highest in msia. If starbuck is empty, kopi bean shld be worse right? when i was there on a Sat night, both were fairly empty... Jagalat boss, damen is not yr hangout spot due to the lack of chatime right?
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topearn
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Feb 25 2016, 10:35 AM
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QUOTE(HarpArtist @ Feb 24 2016, 08:36 PM) It was rm2 for chicken that costs rm5..then free kopi n pastry with NO purchase required. I really hope this brings people or what next?? pay u to eat thr?! how long the biz can keep throwing money to exchange for footfall? Where U get this free coffee n pastry voucher from The Canteen ?
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Jagalat
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Feb 25 2016, 10:42 AM
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QUOTE(Babizz @ Feb 25 2016, 08:18 AM) I bliv d first world hotel one is a bad location cos gentings starbuck sales is 2nd highest in msia. If starbuck is empty, kopi bean shld be worse right? when i was there on a Sat night, both were fairly empty... Jagalat boss, damen is not yr hangout spot due to the lack of chatime right? The coffee bean of first world outlet (same row with the KRoger shoplot) also tutup kedai d...left the only one at Resort hotel. Not sure why First world shopping area got both Starbucks and Coffee Beans closed down.....better coffee in casino? I prefer cha than coffee... l saw Gong Cha in DM directory..have yet tried it.. Gong Cha not bad also... The supervisor of Chatime at Summit said, so far, no plan to open one at DM. I have to wait and see....
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FrozenEva
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Feb 25 2016, 11:13 AM
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Getting Started

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QUOTE(topearn @ Feb 25 2016, 10:35 AM) Where U get this free coffee n pastry voucher from The Canteen ? From The Canteen's fb page
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terrykow
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Feb 25 2016, 12:48 PM
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Getting Started

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Did anyone visited Da Men recently, why the mall is so quiet and empty, only few ppl inside during weekends, is it due to poor traffic or bad economy? But midvalley and one utama are stiff booming business ...
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nexona88
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Feb 25 2016, 01:07 PM
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QUOTE(FrozenEva @ Feb 25 2016, 11:16 AM) nice  thanks for sharing
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Babizz
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Feb 25 2016, 04:00 PM
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QUOTE(FrozenEva @ Feb 24 2016, 09:16 PM) extended from end of feb to mid march..Other than the first deal, the others arent worth going for.. Canteen half page ads on the sun also..Thats a lot of $$$ fr a food court operator..
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HarpArtist
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Feb 25 2016, 04:37 PM
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at the rate they burning cash i wonder when, if ever, can recpup investment. wonder what tsdl see here thay we dont. but then again he has spare few hundred m to burn many of us dont even have spare few k
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nexona88
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Feb 25 2016, 05:03 PM
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maybe they got keep some allocation for marketing & promotion purpose. that's why lor
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HarpArtist
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Feb 25 2016, 11:06 PM
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i hrd rumour that some retailers in damen dont pay rent. just 40% of sales. so the joke is on pav reit
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topearn
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Feb 26 2016, 08:35 AM
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QUOTE(HarpArtist @ Feb 25 2016, 11:06 PM) i hrd rumour that some retailers in damen dont pay rent. just 40% of sales. so the joke is on pav reit If they don't pay rent, won't they be locked out of the lots ? What is 40% of sales ?
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HELLO HELLO
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Feb 26 2016, 08:49 AM
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QUOTE(topearn @ Feb 26 2016, 08:35 AM) If they don't pay rent, won't they be locked out of the lots ? What is 40% of sales ? not wise. Only 40%+ occupancy. If lagi go locked out the tenant shop may Drop to 20% shop only open maybe? Even look jialat kosong right? Pav Should provide free rental or give big cut rental. Putrajaya alamanda jialat Liao. Now need to give big big price rental cut to tenant to retain them to stay. Ioi city mall very beat kaw alamanda upside down. This post has been edited by HELLO HELLO: Feb 26 2016, 08:50 AM
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HarpArtist
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Feb 26 2016, 09:18 AM
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QUOTE(topearn @ Feb 26 2016, 08:35 AM) If they don't pay rent, won't they be locked out of the lots ? What is 40% of sales ? i duno how to explain liao... there is no fixed rent per month. their rent is 40% of the sales of the month. add variable costs like maintenance and electricity etc. so if their sales is 1k in jan pav reit gets rental of 400. hope this is clear enough. and again this is just a rumour i heard. i dont know true or not.
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HarpArtist
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Feb 26 2016, 09:20 AM
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QUOTE(HELLO HELLO @ Feb 26 2016, 08:49 AM) not wise. Only 40%+ occupancy. If lagi go locked out the tenant shop may Drop to 20% shop only open maybe? Even look jialat kosong right? Pav Should provide free rental or give big cut rental. Putrajaya alamanda jialat Liao. Now need to give big big price rental cut to tenant to retain them to stay. Ioi city mall very beat kaw alamanda upside down. is alr more kosong than anyone expected for big brand management. free rental also dunno can survive anot. staff and stock? if fnb food spoil how? ioi so visible from silk highway. alamanda most non putra/cyber ppl hv no idea whr.
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topearn
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Feb 26 2016, 10:44 AM
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QUOTE(HarpArtist @ Feb 26 2016, 09:18 AM) i duno how to explain liao... there is no fixed rent per month. their rent is 40% of the sales of the month. add variable costs like maintenance and electricity etc. so if their sales is 1k in jan pav reit gets rental of 400. hope this is clear enough. and again this is just a rumour i heard. i dont know true or not. If true, that's not fair to those low profit margin shops. e.g. a Kopitim shop might have mthly sales of RM50,000 vs kosmetic shop with only RM5,000 mthly sales. The low profit margin kopitim shop need to pay RM20,000 rental while the high profit margin kosmotic shop pays only RM2,000 rental.
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