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 Hatten City in Melaka, Hatten Grp new project in Melaka

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WHITE ACE
post Aug 8 2012, 07:14 PM

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Joined: May 2008
From: Melaka, Malaysia


for Melaka residents, many had observed that Hatten project was very slow in the past few yrs. Why a Hatten Hotel need a long time to accomplish? Obviously, many knew that only financial hiccups will hinder the progress.

Now, at least 3 yrs had past and Hatten Hotel + commercial lots were completed. How about occupancy rate? Have you really take a serious tour and checking out how many cubicles are empty/vacant? I can say lots of it. Have you ever heard of great offers for tenants who rent the shops? I can say, if it was a hot cake. Everyone will dive in.

I'm no pessimist or optimist but a realist. Look, not only Hatten but many shops in town were still vacant. Who made the killing? Perhaps some lucky developers. Majority of the scenario was about economy, tourism, investment and demand. For retails, people will consider on population and spending power. Period....

There is a few projects worth consider. Hatten might got some boost from overseas investment(China n Singapore) if I was rite.

Commercial units(shop lots) along the reclaimed land at seashore had fetched up to 1.5 ~ 1.8 mil. Does it worth that price? Yes and No.
Current shoplot(Bei Zen area stretch to Limbongan) rental there is somewhere RM5~10k for 3 storey lot. RM3.5~6k if only the ground floor.


WHITE ACE
post Aug 9 2012, 09:14 PM

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Joined: May 2008
From: Melaka, Malaysia


Best rental so far in Melaka is those property(residential ) near MMU.

 

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