QUOTE(attitudeiskey @ Oct 24 2016, 12:44 AM)
Hi all SIFUs,
First time posting in Lowyat. Would like to learn and share more with everyone on investing especially on Sinaria TA.
Booked a unit last week and awaiting for loan approval
My reasons for investing in Sinaria:
- Reasonable priced
- TA is relatively a new area thus maybe, maybe more potential for upside
- Tropicana brand still ok (i think?)
- Loan margin for commercial property better than residential (for me lah)
- For long term
Heard yesterday got another 2 corner units booked but not sure about overall sales on Sinaria.
Wonder if 85ac central park in TA + facing Tenby school could really be the key? Again, life sometimes need a bit risk taking and I am doing it now. Just hope it will pay off long term.
Thanks and rookie signing off
Congratulations on your purchase of the Sinaria shop lot.First time posting in Lowyat. Would like to learn and share more with everyone on investing especially on Sinaria TA.
Booked a unit last week and awaiting for loan approval
My reasons for investing in Sinaria:
- Reasonable priced
- TA is relatively a new area thus maybe, maybe more potential for upside
- Tropicana brand still ok (i think?)
- Loan margin for commercial property better than residential (for me lah)
- For long term
Heard yesterday got another 2 corner units booked but not sure about overall sales on Sinaria.
Wonder if 85ac central park in TA + facing Tenby school could really be the key? Again, life sometimes need a bit risk taking and I am doing it now. Just hope it will pay off long term.
Thanks and rookie signing off
As I have mentioned in the forum previously, sometimes buying shop lot depends a little bit of luck.
Nobody knows for sure how it will turn out eventually e.g. whether it will be 'ong' or not.
However, I do think that by being close to the 85acre central park and being close to school to Tenby international school, future proposed chinese school and kebangsaan school will help (but not guarantee la).
Being close to central park - just look at DPC - The Waterfront - very 'ong' .
Being close to schools, hospitals - just look at Plaza Acadia at Desa Parkcity town centre - I believe this place will be very 'ong' when completed next year.
Having said that this TA is by no mean DPC la. TA just happen to be a more 'affordable' version of DPC that happen to have the same concept of DPC(designed by the same architect) but at a different location in Klang Valley. In DPC case, it attracts some of the affluent Kepong, Segambut and Jinjang crowd to go to DPC for its park, lake, greenery, sports facilities etc and eventually they want to live in DPC.(pushing up the home prices and commercial properties there).
Southern Klang area dont have many huge parks for its residents to jog, excercise, bike, enjoy the greenery etc.
With WCE, these mature neighbourhoods in Southern Klang are just one or two exit away only.
Currently, the TA's central park will be the biggest among the township in Klang Valley. Will it attract the southern Klang crowd to move here too?? The same can be said for folks from KK, PJ, Subang, USJ who are looking for a greener and more secure neighbourhood.
As for being close to schools - In general, it will help especially for a neighbourhood commercial shop lots. It reduces the chance the shop lots being located in a location that nobody go(being abandoned). Every day you will have at least the school crowd (students, teachers, school workers) to pass by or visit the shops.
Again, sometimes buying shop lot depends on a little bit of luck.
Nobody knows for sure how it will turn out eventually e.g. whether it will be 'ong' or not.
The type of tenants and tenant mix is very important also
Good luck!
This post has been edited by willyboy88: Oct 24 2016, 08:13 AM
Oct 24 2016, 07:50 AM

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