haha been living in PJ all my life and LDP is always a shitshow and the entrance to sunway serene is even worse especially the under highway turning with 1 lane traffic light (the other lane for U turn) i would say most of the time will be using this entrance because office, friends and family are around 1u area

Wonder how edelweiss will perform with half dead mall

I thought got anchor tenants? LG looks quite happening

Omg this is so bad. I just signed the s&p late last year. According to the developer I spoke to just now, she said it's all stamped and can't cancel already or else I gotta pay for the legal fees and forfeit the RM 50k first payment. This is so so bad. What a bunch of lies.

the entire golf course is moving? isn't that the key theme of the entire housing area there?

Can share the link to the news?

Based on this screenshot from The Edge article, that's how the 7 acre something land demarcation looks like.

If not mistaken they are proposing to move the club house to another closeby area near the landed residences so they can free up this area for development. However, the residents there are protesting over the project

Having clubhouse nearby is a thing to protest about? If mosque or actual clubbing bar I understand la since noise lol

Edelweiss progress on 30/3/2024.

Can't exactly recalled when was the launching. But visited their show unit post-MCO, I think somewhere in yr 2021 if not mistaken.
Went Tropicana Gardens Mall on eve of Raya last week and came across Edelweiss property booth. Apparently still have a few 900sqft++ service apt units left unsold. Staff said after rebate, it's about RM980psf. RM1mil++ selling price before the rebate.

is it right to calculate like this? they can build multiple floors on the land ma..

of course not simple calculation lo..... whole piece of land 7.79 acres, cant be used up all 7.79 acres to build units and sell every sqft to purchaser mah.

Edelweiss land should be part of the land bank bought years ago, and selling at 1k psf....This new purchase land will squeeze developer margins and they had to sell at above RM 1k psf if not how to answer to edelweiss buyer

Further info...The TGM deal is selling at a "discount"...
"Tropicana said the divestment of TGM is expected to result in an estimated net pro forma loss on disposal of RM267 million, given that the building cost of the mall amounted to RM867.28 million while the land cost was RM2.72 million.

In a note yesterday, TA Securities said the acquisition price of RM680 million is notably below the mall’s net book value of RM944 million, representing a 28% discount."

https://www.freemalaysiatoday.com/category/...ioi-properties/

As of 29 Sep 2024

https://www.thestar.com.my/business/busines...00-take-up-rate

Structure topping off done.