10M, monthly mortgage service will be in the region of 50K-60K just on servicing bank loan.

That means monthly revenue the shop will need to generate is easily 200K/month just to only break even (assuming margin of 30% ex-rental).

Means you roughly need sales of RM7K each and every day, rain or shine, weekend, weekday or public holiday, just to cover your costs.

Sounds like a great idea....not really.

Or roughly RM600 per hour, assuming they are operating from 10am - 10pm (12 hours).
Or RM10 per minute, just to break even.

I would love to learn what kind of business that could give me this kind of revenue.

I was queuing at Chatime before and they definitely take more than one minute to serve one customer and each customer would probably place an order of only RM5.90 each. Perhaps some customers place more order but to be able to get this kind of revenue consistently throughout a day definitely need a different kind of business model.

Chatime is just occupying a kiosk, not a 4 storey shophouse.

Yeah, and we should not expect anything less from a profit making enterprise. Perhaps it is because of this drive, DPC is a success.

I thought they are building on the success of Waterfront. Bearing in mind, before DPC, Samling has no township experience also.

This post has been edited by urbanite: Mar 11 2013, 11:10 AM

Chatime occupy usually one whole ground floor area.

Even for SS2 or KD, rental for ground floor max also RM20-23K per month. You still need your remaining 3 floors to make up shortfall of RM25-28K just to break even with 0% yield.

jalan ipoh got shoplot launch rm5million river walk or something. barely moving
this move so fast.

Desa ParkCity always is!

But already far too crowded.

Suspect the buyers are those who have made a ton from following Samling or they are so rich, don't know where to spread their dough so might as well dump into these. Having said that, DPC has been setting the benchmark for their homes coz of their innovative concept. Mind you, the calcs is only based on the unit which costs 10m. What about the one which is going to be the Mother of all Shop lot ie 20m? Maybe got to invite guys like Andy Lau to perform once a week...respect

How much the cheapest office

Taiko here what u all think of the SoHo? Can whack?

Part 2 reviewed by propcafe.net is out

http://www.propcafe.net/plaza-arcadia-desa-parkcity-part-ii/

Doubt our retailer market able to pay rental so high, end of the day pay rental = work for landlord with low profit.

Unless special scheme or support by landlord, no doubt area is nice but must come with complementary then able to pull retailer in.

2 cent opinion.

750psf....this concept emm....no carpark.....hmmm

These kinda restaurants can make it here? HAHA

- agnès b. DÉLICES
- Applebee's
- Au Bon Pain Bakery & Café
- Café Barbera
- Canelé Pâtisserie Chocolaterie
- Chez Shibata Pâtisserie Salon
- Chipotle Mexican Grill
- Costa Coffee
- Dean & DeLuca Café
- FAUCHON Paris
- Jamaica Blue Café
- Julius Meinl Coffee Bar & Patisserie
- La Maison du Chocolat
- Ladurée
- L'Atelier de Joel Robuchon
- Lupa Osteria Romana
- Mango Tree by COCA Restaurant
- Tous Les Jours
- Pret a Manger
- The International House of Pancakes (IHOP)
- Quanjude Roast Duck Restaurant


Smaller type lots:

- awfully chocolate
- bibigo Hot Stone Korean
- BonChon Chicken
- Chowking
- CoCo Ichibanya
- Max Hamburgerrestauranger
- Morelli's Gelato
- MOS Burger
- Oporto
- Osaka Ohsho
- SumoSalad
- Taco Bell

If so, Desa Park City becomes first area in Malaysia become "first world nation".

This post has been edited by accetera: Mar 13 2013, 01:47 AM

Now people buying by whole bloc, not really look at office and SOHO units. Shops carry higher weight in deciding the units. Sales are impressive, we shall see how the subsales go later on. The pricing is at par with Bangsar prices by apple to apple comparison. This very much depending on whether will this place become Affluent groups' DESTINATIONS?" Let's hope Parkcity will create another miracle.

Surprisingly highrise @ Desa ParkCity is not doing well.

Quite many left over units for the last launch.

Any idea why?

Majority intermediate units are selling 6.5mil but corner unit is like wat the blog mentioned 8.5m to 12m depends on size n block.

Someone mentioned that a buyer plonked in almost 20m. Trying to figure out where this fabulous unit is located.. Anyone knows? Maybe want to rent from him..

This post has been edited by zonefinder: Mar 13 2013, 11:42 PM

Block G. Not sure bout the unit number. It's the far rite if u stand facing the gateway.

Thanks Bro, looks like its G8.

Guess so. But fr G8 to G12 is not selling to public cos got big fish booked Liao.