Those who plan to invest in retail let me just share a little bit, the GRR is just a temporary assurance and a marketing gimmick to sell of the said retail, up to today, the developer has already did a great job by giving a bad name in international leasing and MRCA (malaysia retail chaim association), why i said this, they have played out many huge to smaller tenants and words go around very fast. Noteble tenants are staying away from this developer.

Hotel with GRR, you are only getting back your 6% of the  future price you paid earlier. In other words, you are buying future price and the developer is paying you back in installment. Why i said future price? It is always a 40/60 or 30/70 scheme. the bank will not finance up to 80% of purchase price reason being, it has already been mark up therefore te banks wi only give 60 - 70% margin.

Harbour city purchasers, again good luck as heard that the theme park by sandersons group is not coming in.

A lot of their units are being sold to middle east and china groups therefore the fantastic sales will lure you into buying. Many of these group purchaser from china and are chanelling laundered funds over, so its no big deal for them. Dont be sweetened by the sales personnels talk. Do your homework, do some research before jumping in.