We have 4 big development project going to develop in Shah Alam. These project listed below:
1) I-City, Sec 7 Shah Alam
2) Magna Eco City, Sec 15 Shah Alam
3) Tropicana Metro Park, Sec 13 Shah Alam
4) Utropolis, Glenmarie, Glenmarie Shah Alam
*Potential mix development project by BRDB next to Tropicana Metropark

All these project expected to complete in the year 2017.

All of them got quite the same structure which are:
1) Service apartment
2) SoHo
3) Megamall @ very big shopping complexes
4) located next to Federal Highway

My question:

1) which one you think is better for investment?
2) does the Supply going to match the demand? - its going to be HUGE amount of supply in 2017.
3) Federal Highway already jam like hell. do you think the highway able to support these large amount of people in 2017?
4) Only i-city confirmed that LRT will reach their development project in 2020. How about others?
5) is there any LRT/MRT plan in Shah Alam?

Lets discuss!

Supporting detail for these 4 project:

Tropicana Metropark, Shah Alam sec 13 & Batu 3:
http://www.starproperty.my/index.php/prope...an-development/

Utropolis Glenmarie:
http://www.theedgemalaysia.com/business-ne...metropolis.html

Icity, Shah Alam sec 7:
http://biz.thestar.com.my/news/story.asp?f...37&sec=business

Magna Eco City, Shah Alam sec 15:
http://biz.thestar.com.my/news/story.asp?f...26&sec=business

never heard Magna Eco City... though i working in Sect 15, mai know which land?

I think magna eco city is beside the famous "Char siew" shop.

I think the real competition is between metropark and sunway geo.

utropolis is mainly student market...

i-city is gonna be tourism destination

metropark has not decided yet because their masterplan will spill over 10 years.. anything can happen, otherwise they have the best potential because Dijaya (chinese is their majority customer base)

magna is just like the company... lol

This post has been edited by accetera: Aug 5 2013, 12:21 AM

I vote for i-City since there is a big shopping mall and LRT station ...

i don't think utropolis should be in the list.
because i heard it's not open for public sale. paramount jz sell internally to staff...

otherwise, i would go for utropolis...

Metropark under shah alam?

I-city soho has been picking up steadily.
Went there today and last week. The boss always
there. 465 sq ft-around 300k...also selling
retail about 300 units with 3 yrs guaranteed
return...

650psf! Retail unit only have 100units. But i see the sale not that good as well. Tower A launched quite sometime, still remain a number of unit. Tower A1 sale not that good as well.

Tower A1


Attached thumbnail(s)

How icity gonna generate their GRR?

No idea. Currently only 3 units sold instead of 100units retail. I suggest I-Berhad to take back all the retail units and rent together with Central plaza mall. Otherwise, 2000++psf for retail size about 460sf, how can sell easily!!

Nola it's more than 3 units retail sold. Tower
A and A1 sold by different companies.
1 is from GS and another is their own ppl.
That's y u see the push is diff

Retail selling slow. Got Shopping Mall beside still got ppl wanna buy retail under I-Soho?
Tower A1 by internal sale person. Tower A by GS, more aggressive, but still got balance units since Jan this year.

as i knew, it was under subang jaya

Surprise that the sale is so bad despite the up coming shopping mall ?

My investment is at risk

vote for metropark

No worry bro, your i-city investment is very potential.
Sales is picking up...the ramp is up. Quite like the area

I vote for i-city

I vote ultrapolis
Future growth

I vote icity.

i think the prospect is better with lrt n the thailand mall.

i vote for ICity.

Megamall + LRT + Students + Tourism + Strong Foreign JV + Future IT Hub + Gomen backup = Too big to fail formula. Lol... Anyway anything could happen, despite this might not be the best investment for the moment, at least it's not that bad and might turn out to be the greatest place in SA.

These parameters are working in SimCity too to up a city center..lol.

10 years have passed.
Which one is the most promising now?