Think of invest in shoplot... Any things need to be considered?

Money

Tenant credential

Location

This is definate..

Personally i found the location got potential...just need sometime to grow

You mean other tenant, like bank, supermarket, etc?

always try your best to get main road facing. It is easier to rent out and potentially command 50% or more rental than those non mainroad facing.

try get corner - it makes a lot difference.

If you have a big budget or good base in your investment portfolio try invest inside good shopping malls. Personally, I would prefer those by AEON group they really know how to make their shopping malls "viral". EG. Midvalley, Queens Bay. I believe you'll be able to find tenants fast if you invest in it and the price will shoot up like mad. Doing a flipping strategy is also great.

I don't know those shop inside AEON malls are for sell !! Which mall specifically, got sell those shops ?

Facing main road + corner = perfect! Just the price..

Well mostly are sold out that's but I look for their new project. Used to get one from Sitiawan AEON because it's too far to manage myself. I "flip" it and gain almost 25%. But usually to do this needs a big budget, I could get my hands on Mid valley but I know the lesson well so I got 1 in Queensbay. Turn out to be great in terms of keeping it and renting. (Traffic is high)

Mid Valley Aeon?? Minds to share more detail where exactly the shop u referring? And what is the psf?

May be u should consider this:

Pre-launch i-CITY, Shah Alam
Freehold retail space

Guarantee rental return 6% /year
10% rebate
RM 10k booking
5% sign S&P
Free SPA
DIBS
MSC status (free tax for 10 year)
Fr 900k

Call 0123688613 or PM me for more info.

A NEW PROJECT IN I-CITY, freehold
1) Direct access from federal highway(new flyover), 3 minutes drive to NKVE
2) 72 acres integrated development with regional shopping mall, office towers, cyber centre office suites, hotel, apartment, data centres & innovation centre converting i-city into an international business hub (day)& lifestyle haven nights.
3) Malaysia tourism hot spot that attracting 90,000 visitors/weeks.
4) MSC status (free 10 year tax)
5) With entertainment license to capture the huge money spending market
6) Neighbourhood with UITM & UNISEL (85,000 students)
7) Total gross development value of RM5 billion with 80% development land
8) 1.7 million sf of regional shopping mall to be completed by 2016.
9) i-City is transforming Shah Alam into an international city.
10) The total population of Shah Alam (about 657,315) & Klang about 1,231,139) by 2013 with average year growth of 8.5% (Shah Alam) 5.5% (Klang)
11) Expected 40,000 employment opportunities to be created in i-City.
12) An integrated development with support of all kind of commercial, leisure & residential activities.
13) Proposed LRT station to the new i-City mall by 2020.

To make it short and simple, it will be another exciting development just like Midvalley City with lots of exciting retails, shops, entertainment, hotels, business centre etc. Add-on with its, water theme park, city of digital lights, Snowalk, international convention centre and its latest wax museum plus many more to come, it will be like another Sunway City with its own exclusivity within the neighbourhood of Shah Alam and Klang!

Call 0123688613 or PM me for more info.

Bro , shop lot inside most of the well manage shopping mall are not for sale , almost all the shopping mall / center that shop lot own by individual are fail except sungai wang but i think sungai wang already facing some problem .

Sound great . Can sale liquor ? or operating a night club there ? Tourist entertainment center mah .

This post has been edited by skcJVN: Jun 29 2013, 12:27 PM

Sure, but then the price also different a lot from those not facing main road.

Agree, mostly are in rental basis.

Sound not bad..mind to share more?

Mind to share in detail? Eg. How to get the unit? I means who to contact, direct from Aeon or agent?