Can only say it ride on the correct timing of property developments in malaysia

Their commercials not sure can garner the traffic like jaya one or even jaya 33.

Far too many near there, now even jaya ... ( formally jaya supermkt) couldn't get high tenancy.

Was thinking to invest commercials here... Any sifus pls share ur view?

I heard this development launching has been delayed to Q2, 16 due to soft market sentiment. Came across that article somewhere in the news, someday ago...

It was yesterday I think.

Any sifus here could share your views on the commercials potential of this land?

Fraser sg besi is so dead despite colleges around.

Can this place pull crowd further into here n make the commercials worth investing?

i give ur commie/retail advice.. im 100% sure if this one got mall/too many retail sure fail as the jaya shopping center is doing badly n many tenants are asking for lower rental/ nt even paying existing rental.. Too many malls d n btr if jus a few restuarant with alfresco style for PJ folks..

I dnt forsee any big commie project in this part of PJ to do well as MV is nearby.. small size n 850psf here is doable..how is the tenancy for those nearby apartment?

jaya one. struggling or near death.
ss2 mall. already dead.
jaya supermarket. struggling. got cinema help a bit.
tcm. declining.
paradigm. still ok and strong.

upcoming.
atria. no eye see.
sterling mall. got some good vibes but still not sure.
glo mall at glomac. i think will be tough.

Tx. Those are malls commercials.

How about those shop lots type of commercials or the jaya one type which I think this dev will have.

2 years back I was rather sure the commercials every on this land would do well.

Now not sure.... If buy the returns lower than bank rates, why stress so much n just look elsewhere

I doubt atrias capability with its horrible location but its tenant list is VERY impressive but FnB is ezy to attract la.. paradigm doing well..

Also got mahsing's Iconic City mall.. I think glo wnt do well while sterling will do ok only given too many malls in the area.. how u think Empire city ah?

in the future small and small and small.

There will be 5 more malls coming into this area to create a future shopping belt for PJ.

Wah the more malls u guys mention, the more I chicken out the long awaited commercials they have to offer...

Fantastic loc...waiting for what they offer.

Serviced aprt may be not the commercials. Doesn't seem good deal for me at the moment

Np worries bro. Atria and Sterling will definitely do very very well. You should see who are the ppl managing these malls.

Atria was a neighbourhood mall back then before it was refurbished. Then most of its fnb tenants either move out temporarily to those shoplots in DJ like Esquire Kitchen, Nandos etc.. but a lot of them closed down. It was once the iconic neighbourhood mall.

The mall managers are smart. They offered better and lower rental to all the fnb players. Then these fnb player start shutting down their biz and move to malls. A good example is paparich or texas chicken in uptown which is moving to atria. The rental in uptown was 20k a month.

I think the success of a mall highly depends on the ones who manage it. Just my 2 cents.

This post has been edited by mthc: May 10 2015, 10:39 AM

Yes the strategy of low rent but maintain good tenant is needed in this mall oversupply era.. u see sunwai putra asking RM40psf for ground floor prime rental when clearly PWTZ next door is coming apart.. No one will know atria low rent but they will shop/dine there cos the mall has good tenants.. with its tenant list, im very confident tht they will do OK.. not fail like those encor, ss2, jaya 1, jaya shopping etc..

Yeah.. I am really shocked with their tenants also. But the mall mangers are seriously damn good. Respect.

Yes, jus imagine OSK no mall exp n now their mall able to attract all those good tenants.. i see their list, i know sure damansara ppl will come here to makan la.. nt many of those usual fast food.. Trilight btr analyse the demand for a mall/major commie here b4 going in..

so which means the surrounding shoplots of atria is good investment?

Wao.. 5 more malls coming into sec 13 14? thats amazing