Any reasons why good quality tenants are NOT FOUND at the Scott arcades. Compare to Paradigm Mall where its fill with Malaysian BIG proper brands and a very successful Family Shopping Centre.
Proper planning or its branding? or both. Again, location the reason?
Personally, i don't like Scott Condo, if for own stay, and living. Its not cheap. its not a flat, where u got no choice, as a lower salary person.
If i am paying high price, home is where there is calm, security, safe and a proper class address where when u quote, u feel u have arrived.
If i am shopping, i am going there for a few hours and go. If i stay above the place, i will not like it. Another person will say, different as maybe due to they like the many people around and happening place. I dislike noise and the pubs all over, double parking and all kinds of strangers type. I only use Tesco for fast shopping items. Rather go
Tmn Desa, Sri Kota, for specialist shopping and quality brands items. And fresh produce and the expats shop there mostly.
If I want a high flying city style lifestyle, For me, if i am staying above a shopping centre, then, the concept of those shopping places below should ideally be like the Pavilion Residences, where the Branded shopping centre and matching the Residential address above.
Otherwise, a proper SOHO office concept should apt the Publika, which the tenants are decent proper, expat living and lifestyle, quality life and ability to pay rentals via company claims, or Consultants use.
Central SOHO is challenging many other Smaller units around the area, and yet the scenario is very challenging. Quoting pools and near to TBS is not enough. What the place represent?
Another 1 Petaling image? Another Scott version? or Something that challenge Le Yuan tenants that their Beach Pool is just a pool, it is the Image style and quality finishing and tenants Quality that matters.
Are we gear for that to happen?
Supply and demand. Over there i think only Central Residence got SOHO type in that area. Phase 2 and 3 not SOHO type. Other service apartment and condo nearby also not SOHO type. Hopefully got some demand lo later on especially once the tall commerical building completed at tasik selatan LRT there.