Alot of you mentioned expats, but alot of expats in my office (MSC status company) only rent in Mont Kiara for around 2.3k for a proper condo which they can share among the bachelors or for a family.

No expat is going to rent 2.5k for a 500sf unit.

Those that mentioned to be rent to expat are only saying it to soothe themselves/ was influenced by others. We all know there are hardly any expats in Damansara Jaya area, mostly locals. And yes, even if they are expats I am very sure expats are not stupid enough to pay RM 2-3 k for a 500 sqft unit. Expat usually come with family and want a bigger place while the single expat traveller will look at more happening area like Bukit Bintang or Mont Kiara instead of residential area like Damansara Jaya.

To be honest, back when I was studying, majority of KDU students would also rather rent nearer to the mewah shops, way closer to the cyber cafes and college.

Alamak...those bought Atria for investment....where is the expart market now.....

Anyway i do not see expart will come to DJ as JAM, Different Level of market compared to MK, Bangsar and KL.

Unless Expart from Africa, Bangla or Middle East....maybe 4 to 5 person in one unit...but also hard because they prefer to other cheaper condo or landed house...

What is the market for Atria??? I just do not really know.....

I have a feeling OSK is gonna screw this one up and will end up like the old atria of late i.e. empty and not a lot of people....

the old atria was screwed kaw2 by lhcb to the extent that it had to be placed under monitoring accounting before selling to osk.

The expats are actually in the Bandar Utama-Mutiara Damansara area now.

There is an increasing number of Expats renting The Tropics studios at Tropicana City Mall. Maybe thanks to my employer. HAHA

When I say expats, means they are workers of young professionals earning as much as ordinary Malaysians in Malaysia.

These days no such thing as large pool of high-rankings ones or white-skinned ones. They are here to gain "ASIA" exposure (i mean East Asia high growing emerging economies).

This post has been edited by accetera: Dec 6 2011, 10:21 PM

Yes fully agreed. BU and MD can be a good area with good infra with a lot of good company for expat.

Nowadays a lot really from East Asia and others which come as passer by for experience. These group of expat of course with lower budget compared to those at MK, Bangsar and KL but they able to afford better living as well which as in Tropics (Dijaya corp your emploer).

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Added on December 6, 2011, 10:29 pmOSK should be making a log of money - 850 per sqf some more with shoplots at this area. Buying their share better than their property oh. Getting their share mean 'you' become osk selling Atria to the buyers.

This post has been edited by RomaNce: Dec 6 2011, 10:29 PM

Ngi gong dao you tao li. (what you said is very true)
Ngai hao chan sin. (i agree with you)

News:

Damansara Jaya-based, Malaysia's largest construction company Gamuda Bhd will move out and relocate to Damansara Perdana's PJ Trade Centre to be a major tenant at Menara Taiko and a few more floors at Menara Mustapha Kamal.

Damansara Jaya loses a major corporate tenan but good for the traffic flow in that area.

please lah. Gamuda just occupies one shoplot. No big deal. Office is quiet maciam cemetary. No difference to us residents.

The Gamuda Group occupies a few rows and office space at the top floors... i think 3 rows including Gamuda Land on the other side.

It has maybe a hundred staffs based there.

Overall and all subsidiaries/interests, the company has about 5,000 staffs.

This post has been edited by accetera: Dec 15 2011, 12:41 AM

Better for empire damansara purchasers

If that's a key anchor tenant we lost......well, I don't see it as a loss at all.

This post has been edited by Phoeni_142: Dec 15 2011, 10:20 AM

No lah, where got 5000 staff working there?

I always go there makan and seldom see many people walk out from that building. Very quiet also.
Just an office..it will get occupied by other tenants.

This is not a commercial retail, so it is not crowd pulling, is not affect much if is moved out

Why the developers like to build SOVO/SOFO?

Mainly 2 reasons:
1) to avoid being fallen under Housing Developer Authority's control. The developers will have their own standards of SNP that favour them;
2) to escape from the Bank Negara ruling of housing loan. Banks will still grant up to 80%/90% loan for SOVO/SOFO despite of the number of housing loan the borrower is currently having.

SOVO/SOFO can't be used for dwelling purpose. Wonder the local council will enforce it in the future? Maybe there will be a new guideline on this!

If these products are mainly for office use, wonder the oversupply of office space in Klang Valley will have great impact on this? Unless many of those existing office tenants from the traditional 3/4 storey shopoffices prefer to relocate at SOVO!

Office rental rate will be in the range of RM3-RM4 psf in the next couple of years, may be a decade! For those who bought at RM750psf and wish to sell at RM900 psf, who will be next taker just for a gross yield of less than 5%?

another project by OSK, SOFO Suites at Paragon, Pan’gaea @ Cyberjaya, anyone has any idea about it?

Construction is on full swing. Rising rising rising for this fully sold out project. I was told the mall will have a cinema and a supermarket.

ATRIA SHOPPING GALLERY & ATRIA SOFO SUITES, DAMANSARA JAYA
Developer: OSK Property Holdings Bhd
Contractor: Beijing Urban Construction Group



One week later...

Atria Shopping Gallery's tenants are out n they are very impressive by todays standards with all those malls coming up.. a lot of food options as well for those damansara ppl.. a much btr tenant mix than tropicana mall..

Anchor & Mini-Anchor Tenants include:

Village Grocer
CHI Fitness
Hamley's Toy Store
Jungle Gym
Molly Fantasy Theme Park
Ace Hardware
Daiso
Times Book Store
Sports Direct
Nilufar Pets&Aquatic
Pre School Treehouse
Mothercare

This post has been edited by Babizz: Apr 24 2015, 09:04 PM

Notable FnB restaurants amongst the tens of unique restaurants here... This mall will surely do well in serving the culinary needs of the damansara crowd..

absolute thai
Nando's
Manmaru
Antipodean Cafe
Kame Sushi
Pizzolo
S'Mores Bar
Ying Ker Lou Hakka Cuisine
Artistry By Artisan Coffee Bar
Dave's Deli