I agreed... Incase PJD marketing side not a strong, can hire specialist of Top Management company to handle.

Probably I prefer there put in more with banking facilities than F&B.
Don't you realized behind the old township lack of bank? The area affected from Segar Perdana, Bukit Hatamas, Awana, Cuepacs, Alam Jaya, Sering, Sunway Cheras, Hijauan Residence, Taragon Puteri & others, don't have bank. Except Tmn Suntex with RHB & BSN are not enough to supporting this area. Those staying here were go out to Connaught or Segar for banking. While other like Bt.11 will go to Balakong & Mahkota for banking.

Assume, if You City atleast have two famous banking from HLB, MBB, PBB, CIMB, AB or others will help You Festival more transact & demand support.

for paradigm mall should be WCT themselves to manage it. handle surprisingly well and very successful as a new mall.
Their very first mall is Bukit Tinggi mall quite successfull also. i think they join hand with Aeon to manage the mall.
Aeon has more experiences to manage a mall and wct gain experience from there before open paradigm mall.

a well maintain mall need to have strong leasing team - to gather good quality / potential tenant.
and very straight fit out team- to makesure the overall look and feel of the tenant's shop meet their mall requirements.

of coz others like marketing, PR, security.....etc.. also play important roles.

This post has been edited by HELLO HELLO: Sep 17 2013, 09:06 PM

so you know what to aim, their upcoming OUG Paradigm mall, not to be missed.

Ahken gor, i am also very puzzled by the success of wangsa walk. Nothing remarkable inside but able to attract the crowds day and night. Perhaps its due to the karaoke (the legal kind), TGV cinema, bowling or fitness centre gus.

Yawor, why no bank at middle of cheras area? Found many banks at south cheras like batu 9, 11and balakong. Citi, Hsbc,MBB,pbb,Cimb,hlb,ocbc and Many more. Just MBB got 3 around and not far away.

Have to see how they manage it. Must have strong leasing team first. Gather up a nice mix of tenant list/category.

This post has been edited by HELLO HELLO: Sep 17 2013, 09:19 PM

Good, I can arrange to survey this area.

Last time, I spend more time to finding subsale retail/shop while I found a prop with "walk" is cheaper than other normal shoplot. Maybe design & outlook come to the issues for limited buyer.

Do you think PJD can get any bank for leasing here?

Not sure about this... XD...As long as this place with the right Ong qi. Should attract the bank come in gua...

This post has been edited by HELLO HELLO: Sep 18 2013, 10:04 PM

Need ahken gor's help to analyse got ong chi or not this area

u all sign s&p?

Haha... im not FS master la...
Do you heard about The Sixth Sense? Use your own physically to sense.

This area lack of bank. If bank leased here, all problem will solved. Youcity residences and business transact no need to Tmn Connaught or Segar.

No one know this is a freehold MRL...

wana ask if MRL can sell to non bumi?

Started serving the interest payment already

If i understand correctly, for project under MRL, this project could only allocate 50% quota to non-bumi. It could be 70% quota allocation to non-bumi if developer manage to make it. Please correct me if i was wrong.

This post has been edited by babynoteeth: Sep 19 2013, 09:42 PM

anymore disadvantages if it is MRL?

What if the developer is not able to sell off the bumi units? Are they able to apply to convert them to non-bumi lots as per normal procedure?

Can't answer you. need expert to advice.

SA told me bumi lot can pay extra fees to convert. So, when the bumi lot release for other buyer is not cheap anymore.

About MRL, can we check with snp lawyer or bank legal? I don't think bank will stupid to take risk give a loan to buyer where the land was under MRL.

Be physically think. OK
And PJD must check with the landlord before progress anything to start selling this project.

How come ?
I neither get billed nor letter from bank/lawyer about start paying the interest.
You sure or not ?