Any input on IOI city mall? A mall with the size to challenge Mid Valley isn't something that you can pull off without proper study of the market catchment.
is Cyberjaya another potential "PUCHONG"?
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 Jul 28 2013, 10:28 PM
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Jul 28 2013, 10:34 PM
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#2
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QUOTE(puchongite @ Jul 28 2013, 10:31 PM) I am not entirely optimistic about IOI city mall but then IOI being a cash rich entity, they have huge sustaining power. Agreed on their cash richness. But such a huge investment in this area ! 16 Sierra township n the city mall, this is no small investment even for them. I think it bodes well for this area as they surely use whatever means to pull investment in. |
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Jul 28 2013, 10:46 PM
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#3
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QUOTE(puchongite @ Jul 28 2013, 10:40 PM) Just look at some of the commercial entities withheld by IOI: PFCC for example. They have tried and will continue to try. Actually, IOI PFCC looks promising, simply bcoz it offers MSC status n fast internet connection even outside Cyber. Not sure the take up rate, but my previous company (an IT firm) have moved there. I think it's filling up slowly, but quite nicely. |
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Jul 28 2013, 10:58 PM
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#4
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QUOTE(puchongite @ Jul 28 2013, 10:55 PM) That's the cash richness and the sustaining power I referred to. Didn't they use their muscle to get MSC status ? I see, if you mean that these developers like IOI group can provide a safety net, then its a boon to investors in a sense that both them and IOI group have interest in keeping their investment alive. I agree on the wait and see attitude though. Hope IOI PFCC isn't just an one off event.So with regards to IOI city mall, in the worst case, IOI will apply what has happened to PFCC onto IOI city mall. Question: is the technique applicable to every property in cyberjaya ? |
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Jul 28 2013, 10:59 PM
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#5
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QUOTE(xyyap @ Jul 28 2013, 10:55 PM) Welcome to this thread, come & contribute: Will do. Thks.Why U buy Cyberjaya? http://forum.lowyat.net/topic/2486682/ |
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