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Investment Commercial Property Investment, Need advice

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AppreciativeMan
post Jun 29 2013, 11:24 AM

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QUOTE(stephanielum @ Jun 29 2013, 10:53 AM)
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)
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Mid Valley Aeon?? Minds to share more detail where exactly the shop u referring? And what is the psf?
AppreciativeMan
post Jun 30 2013, 11:33 AM

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QUOTE(EddyLB @ Jun 29 2013, 06:48 PM)
Or is she talking about IGB REIT  ? If so, I also own some shoplots there  tongue.gif
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Walau..... If this is really wat she meant then is another chick&duck talk like tat icexxxxxx woh...... Or is it the same person??? rclxub.gif rclxub.gif rclxub.gif
AppreciativeMan
post Jun 30 2013, 11:40 AM

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QUOTE(ManutdGiggs @ Jun 29 2013, 07:28 PM)
Try put it tis way. If megamall fr yesterday allowed to b owned by individual, they ll not become the megamall today. So I would b very interested to catch tis opportunity to own, not 1 but few if possible.
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Boss, sure u interested if its into individual ownership? Like u say, it will not become the megamall today if into individual ownership oh.......
Management is sooooooooo important operating a mall..... A poor management can't lead a mall into success (location is not key, look at Avenue K today after sooooo many yrs), what's more if its individual ownership how to manage? And they are at the risk of sabotage, eg. other mall operator may jus bought a few unit and leave it empty. tongue.gif tongue.gif

This post has been edited by AppreciativeMan: Jun 30 2013, 11:50 AM
AppreciativeMan
post Jun 30 2013, 12:11 PM

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QUOTE(skcJVN @ Jun 30 2013, 11:50 AM)
Ha ha , u sabotage me n I sabotage u n this to explain why soo many shopping mall/ center which own by individual around KV was empty n fail ?  Win Win situation .. Ha
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Who win-win?? shocking.gif shocking.gif
More mall failed due to weak management..... A strong leasing team is so critical.... icon_rolleyes.gif

This post has been edited by AppreciativeMan: Jun 30 2013, 12:12 PM
AppreciativeMan
post Jun 30 2013, 03:28 PM

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QUOTE(ManutdGiggs @ Jun 30 2013, 01:45 PM)
Timing is important ma. Eg refer to time square. Its individual strata.

If mv sell and u and me r the 1st 2 to get it, wat v need is an exit plan eg sell it when everyone rushing to own 1. Maybe dispose within a yr and earn if god allows. But nvr keep tis type of props for too long. Even sg wang n times square r facing prob now.
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Times Sq was struggling ever since they completed.... It got better not long ago partly taking advantage over the too high rental of Sungei Wang.... Thus again, was it a failure due to individual strata title again? hmm.gif
Initially when in construction, I thought Times Sq suppose to be a high end mall like in HK..... rolleyes.gif
Frankly, there is mix opinion towards MV success initially they built a mall trapped in between few highway/major road..... I hav to admit, I was one who thinks tat it can't make it..... sweat.gif sweat.gif so even if its for sale from the dev, I doubt I will invest in it..... hmm.gif
MV, their success comes from the creative management and leasing team......

This post has been edited by AppreciativeMan: Jun 30 2013, 03:32 PM

 

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