Mar 10 2017, 01:54 PM
QUOTE(kochin @ Mar 10 2017, 09:23 AM)
my humble 2c,
grand is new and all for now. hence the demand from paradigm office and others presently.
once azure is vp, am sure there would be plenty of enquiries for it from these existing corporate tenants.
a shift in interest would normally occur until a balance is formed, i.e azure adjusting their rates to catch these pool of tenants and similarly so would the Grand. once this equilibrium is form (stabilisation of rates), both would hold different position then i.e. grand hosting middle to senior management and probably azure hosting more likely senior management.
the grand may yet face another challenge from gamuda's high park. heck even azure will face the threat from it. then it shall seek a new equilibrium all over again.
one thing to note though are both azure and high park are relatively small units. the grand have some larger units i think? and not forgetting even shang villa and kelana park view still "okayish" due to it bigger built up nature more suitable for family setting condition.
but all in all, applaud to wct for getting some really good tenants in.
next catalyst; sunway's western digital/motorola development.
Glomac's Serena will be joining the gang of new properties coming up along this stretch of LDP, although it might not be competing directly with Azure and the rest.grand is new and all for now. hence the demand from paradigm office and others presently.
once azure is vp, am sure there would be plenty of enquiries for it from these existing corporate tenants.
a shift in interest would normally occur until a balance is formed, i.e azure adjusting their rates to catch these pool of tenants and similarly so would the Grand. once this equilibrium is form (stabilisation of rates), both would hold different position then i.e. grand hosting middle to senior management and probably azure hosting more likely senior management.
the grand may yet face another challenge from gamuda's high park. heck even azure will face the threat from it. then it shall seek a new equilibrium all over again.
one thing to note though are both azure and high park are relatively small units. the grand have some larger units i think? and not forgetting even shang villa and kelana park view still "okayish" due to it bigger built up nature more suitable for family setting condition.
but all in all, applaud to wct for getting some really good tenants in.
next catalyst; sunway's western digital/motorola development.
Wonder how is the student occupancy rate at Grand, considering Unitar is within walking distance and Lincoln main campus just relocated to the old Unitar building (beside Kelana Mall), which is also walking distance.
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