u think 1.1k in this area is worth ur money?
Investment TRILIGHT RESIDENCES @ FRASER SQUARE PETALING JAYA, GDV +RM1.7b set to transform PJ Central
Investment TRILIGHT RESIDENCES @ FRASER SQUARE PETALING JAYA, GDV +RM1.7b set to transform PJ Central
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Jul 23 2014, 10:16 AM
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#1
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All Stars
12,529 posts Joined: Feb 2013 |
u think 1.1k in this area is worth ur money?
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Jul 23 2014, 11:01 AM
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#2
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(GC 2014 @ Jul 22 2014, 08:52 PM) who are the potential tenant there ? the rent need to fetch around 2 to 2.5k for a typical 900built up unit...if selling at around 800k per unit... HUKM student got money ah? understand possiblity the HUKM student only.. being a leasehold plot of land smacked in between factories/industrial lots, this should be nothing more than 800 psf F&N mall?? hundreds of malls sprouting up all over town.. heard even Jaya shopping centre not doing too well.. how this mall gonna succeed? |
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Jul 23 2014, 05:11 PM
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#3
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All Stars
12,529 posts Joined: Feb 2013 |
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Nov 8 2014, 02:29 PM
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#4
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All Stars
12,529 posts Joined: Feb 2013 |
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Dec 10 2014, 04:12 PM
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#5
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(kochin @ Dec 10 2014, 01:53 AM) hhhmmm. Nice one kochin kor, let's look at the popular hospital around. sjmc ... subang jaya houses quite happening gleneagles .... nearby area also quite happening tropicana medical centre ... nearby also very happening pantai bangsar ... nearby also very happening sunway hospital ... nearby also sibeh happening looks like hospital also a hotspot for investors liao. He should understand the concept of integrated developments. Hospitals bring convenience to potential tenants (maybe retirees/families with kids) & also potential tenants can be doctors/hospital staff.. |
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May 8 2015, 03:36 PM
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#6
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(leithwalk @ May 8 2015, 01:05 AM) Their commercials not sure can garner the traffic like jaya one or even jaya 33. 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.. 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 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? |
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May 8 2015, 10:43 PM
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#7
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(kochin @ May 8 2015, 01:43 AM) jaya one. struggling or near death. 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.. 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. 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? |
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May 10 2015, 10:46 AM
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#8
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(mthc @ May 9 2015, 08:38 PM) 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. 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.. 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. |
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May 10 2015, 11:51 AM
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#9
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(mthc @ May 9 2015, 08:50 PM) 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.. |
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Jun 20 2015, 11:50 PM
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#10
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(Tsuto @ May 14 2015, 08:00 PM) QUOTE(leithwalk @ May 14 2015, 08:32 PM) I quite sure all the malls will fail including this fraser mall.. easy to build mall, hard to fill up.. Best to avoid buying apartments above potential failed/struggling malls like the one here.. jaya is dying n this area just doesn't need another mall... 1 apartment that will struggle cos failed mall below will be encor strend residences in KD.. |
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Nov 22 2017, 08:31 PM
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#11
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All Stars
12,529 posts Joined: Feb 2013 |
years of delaying. heavy supply here. need to reprice in light of the supply.
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