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Investment Property/Rental at SS2 PJ is taking downward turn, (Property expensive but Rental Low)

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lowdensity
post Dec 9 2013, 02:40 PM

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QUOTE(Chigme @ Dec 9 2013, 10:40 AM)
New porridge restaurant opening in SS2. I think they is still  market for porridge shop given the current one facing the mainroad is always busy. Take a look at the menu of this new shop. Now have promo in living social

https://ls.app.box.com/zhouporridgemenuls5dec13
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Got exact location? Thanks.
Chigme
post Dec 9 2013, 02:42 PM

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QUOTE(lowdensity @ Dec 9 2013, 02:40 PM)
Got exact location? Thanks.
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SS2/64 Zhou Porridge
https://www.livingsocial.com/malaysia/citie...for-food-drinks
katijar
post Dec 9 2013, 02:45 PM

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the big empty space in ss2? still there? any plan for it?
Chigme
post Dec 9 2013, 02:59 PM

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You mean the open car park at SS2/64? Last i know was last year the late Tan Sri Lee Yan Lian's family put up for sale by tender at RM100mil.
Chigme
post Jan 6 2014, 10:38 AM

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QUOTE(puchongite @ Nov 28 2013, 03:04 PM)
Long time ago I used to frequent the goreng poh piah stall. Is that the same stall ?

Since it's hot from the wok, it's absolutely delicious !
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Yes it is the same stall but somehow the taste is not the same like what we use to have during schooldays.
TSmlpk
post Jan 6 2014, 02:19 PM

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ss2 pontian wantan mee shop closed

both hsl shop closed (rumours say esh have bought both shop for 11 million. 5.5 mil each

ss2 professor shop shifted upstair and downstair open a new restoran crab factory by the owner daughter (professor shop owner) dunno how long it can last.

ss2 100 yen shop next to ambank closed down moving to kepong after 6 months shifting here n there

big mouth burger shop business not doing well. very little people eat there.

new porridge shop next to ss2 pelita also not doing well.

both british malaya coffee house next to kfc ss2 also closed shop already.

majority people say whoever open business will eventually closed shop due to high rental and hidden cost

majority of the ss2 food court already jackup price alot recently

This post has been edited by mlpk: Jan 6 2014, 02:23 PM
straw
post Jan 6 2014, 02:39 PM

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QUOTE(mlpk @ Jan 6 2014, 02:19 PM)
ss2 pontian wantan mee shop closed

both hsl shop closed (rumours say esh have bought both shop for 11 million. 5.5 mil each

ss2 professor shop shifted upstair and downstair open a new restoran crab factory by the owner daughter (professor shop owner) dunno how long it can last.

ss2 100 yen shop next to ambank closed down moving to kepong after 6 months shifting here n there

big mouth burger shop business not doing well. very little people eat there.

new porridge shop next to ss2 pelita also not doing well.

both british malaya coffee house next to kfc ss2 also closed shop already.

majority people say whoever open business will eventually closed shop due to high rental and hidden cost

majority of the ss2 food court already jackup price alot recently
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Wah u really know the place well. U open business there?
Properties price up ... rental also up.
lowdensity
post Jan 8 2014, 01:00 PM

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QUOTE(mlpk @ Jan 6 2014, 02:19 PM)
ss2 pontian wantan mee shop closed

both hsl shop closed (rumours say esh have bought both shop for 11 million. 5.5 mil each

ss2 professor shop shifted upstair and downstair open a new restoran crab factory by the owner daughter (professor shop owner) dunno how long it can last.

ss2 100 yen shop next to ambank closed down moving to kepong after 6 months shifting here n there

big mouth burger shop business not doing well. very little people eat there.

new porridge shop next to ss2 pelita also not doing well.

both british malaya coffee house next to kfc ss2 also closed shop already.

majority people say whoever open business will eventually closed shop due to high rental and hidden cost

majority of the ss2 food court already jackup price alot recently
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Any reason behind ya?
TSmlpk
post Jan 9 2014, 12:17 AM

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alot of people trying to open business on and off but can their business sustain the high rental and hidden overhead monthly.

it is pointless to do business and wasting time and effort just to maintain the business and making loss monthly. just dont understand sometimes alot of business owners have plenty of $$ to spent/invest but not going anywhere and some more loss $$ and close shop.

even those old timers doing business for decade is closing down. can the new one be that successful. if people have that kind of $$ better keep it rather than wasting/dumping to the drain indirectly.

majority dont have passion for their business they open as can see. alot is half past six altitude for the fun of opening business and be boss. dump $$ lose never mind plenty to lose. easy come easy goes

majority of the business owners dont have skills/passion in their business. alot of them rely on their workers. if their worker resign oneday maybe the business will go kelam kabut. how long can they maintain their workers and is their any future for them by working there? No right just temporary is ok but not for long.

workers working in those shop/business have no future for them. dont waste time

alot of old timer either is retiring and whereby the new generation dont have the skills/mindset/lazy yet to maintain the quality/ to take over the business yet bcos new generation people are lazy and just want to to get rich fast mentality. talk more work less (goyang kaki/ walk walk stand stand altitude dunno what they want to do or good at) no $$ just ask from parents.

alot just waiting for miracle to comes/ just pass time daily. no direction at all

This post has been edited by mlpk: Jan 9 2014, 02:07 PM
kochin
post Jan 9 2014, 09:11 AM

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indeed very true what mlpk mentioned.
ss2 have been going downhill.
looks like the only glory gem belies in the vacant land to stir back up excitement when it develops.
but for now, it is almost like any business which opens shop, is being timed for closure.
let's see how long does the newcomers such as nandos, ipoh big tree noodle store, etc can last.

Chigme
post Jan 9 2014, 09:39 AM

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Finding parking in SS2 even at night time is still difficult meaning the crowd is still there. Due to high rental only the best or more competitive shop will survive and it will be good for the consumers too.


Chigme
post Jan 9 2014, 09:41 AM

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Taiwan Porkchop noodle house one of the last shop standing, yummy still..

http://www.weatethis.com/2008/02/04/restor...op-noodles-ss2/
TSmlpk
post Jan 9 2014, 01:45 PM

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QUOTE(Chigme @ Jan 9 2014, 09:41 AM)
Taiwan Porkchop noodle house  one of the last shop standing, yummy still..

http://www.weatethis.com/2008/02/04/restor...op-noodles-ss2/
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shop owners doing pork chop business for very long time. also selling h/p, reload, h/p accessories at the shop.

their price is quite steep.
TSmlpk
post Jan 9 2014, 01:47 PM

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QUOTE(Chigme @ Jan 9 2014, 09:39 AM)
Finding parking in SS2 even at night time is still difficult meaning  the crowd is still there. Due to high rental only the best or more competitive shop will survive and it will be good for the consumers too.
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majority of the crowd going to fast food outlet eg macd,kfc, murni, food court only.
TSmlpk
post Jan 9 2014, 02:02 PM

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people who open business at the double storey houses were having difficulty with their neighbours. whereby neighbours voice out to them houses were mend for staying and not doing business. if dont have $$ dont open business if want to do business better do it properly at a proper shop instead. seldom people walks in those doing business in the houses.

customer cars parking along the roadside of the house and causing traffic jam.

business people were getting out of hand opening more n more along the road. even opening cafe etc. rather ridiculous have plenty of $$ to spend for renovation, giving saman etc but reluctant to rent a proper shop.

prefer to get saman from mbpj monthly/weekly/daily

This post has been edited by mlpk: Jan 9 2014, 02:11 PM
mrhaz
post Jan 9 2014, 02:14 PM

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yeah...10years back parking at ss2 was a nightmare..
nowadays very easy dy..
ss2 is going down the hill..

Chigme
post Jan 9 2014, 02:29 PM

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QUOTE(mlpk @ Jan 9 2014, 02:02 PM)
people who open business at the double storey houses were having difficulty with their neighbours. whereby neighbours voice out to them houses were mend for staying and not doing business. if dont have $$ dont open business if want to do business better do it properly at a proper shop instead. seldom people walks in those doing business in the houses.

customer cars parking along the roadside of the house and causing traffic jam.

business people were getting out of hand opening more n more along the road. even opening cafe etc. rather ridiculous have plenty of $$ to spend for renovation, giving saman etc but reluctant to rent a proper shop.

prefer to get saman from mbpj monthly/weekly/daily
*
Those who have commercial neighbours, consider them lucky . I kesian the houses in SS2/72 that have a chinese tokong as their neighbour.

lilzany
post Jan 13 2014, 04:02 PM

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if SS2 is still good imo. it is just that now there a lot other places to go that is nearby and newer like Jaya One. btw someone mentioned PJ SS2 is chinese speakers... I think a lot are still English...non english speakers usually stuck at Sri Petaling/OKR and Klang
Chigme
post Jan 28 2014, 09:02 AM

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SS2 to get new morning market complex and food court facelift.

The Star 28/1/2014
PETALING Jaya’s SS2 business district is due to get a make-over with a new food court and a morning market complex being built.

This was revealed during the official launch of the new roof for the Jalan SS2/60 basketball court, which was upgraded by the Petaling Jaya City Council (MBPJ) late last year.

Former MBPJ councillor for SS2, Tony Cheong, said there were other projects in the pipeline for the SS2 business district.

“In the MBPJ budget approved last year, funds were allocated to build a proper morning market complex,” he said.

This development will see the famous SS2 night food court being integrated with the morning market, as well as rooftop parking facilities and integrated waste collection.

In the last budget meeting before the councillors’ terms lapsed, Cheong said the allocation for the morning market complex was around RM5mil.

The row of hawker stalls across the Sea Park police station will be rebuilt at an estimated cost of RM300,000.

An additional toilet will be built at the intersection of Jalan SS2/61 and Jalan SS2/60, equipped with a diaper-changing room for mothers with infants.

“The council, I was told, will also ensure free state-provided WiFi service, similar to coverage at the SS2 night food court.” said Cheong.

Damansara Utama assemblyman Yeo Bee Yin, who was also present at the launch, said the upgrading of the basketball court was the first of several such improvements in the SS2 area.

SUSMatrix
post Feb 4 2014, 03:50 PM

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SS2 food court still got business one...good place to eat cheap food around here in PJ. Where can afford to go eat at Cafe everyday...

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