Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel
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 Jul 19 2013, 02:44 PM
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All Stars
10,777 posts Joined: Sep 2009  
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QUOTE(CMW123 @ Jul 19 2013, 02:39 PM) Just wondering...for Mutiara Damansara made sense becoz surrounded by high income earners Not too long ago Mutiara Damansara was a jungle... next to Orang Asli hideout. Land was part of Bukit Lanjan reserve and come under Mukim Sg Buloh if not mistaken. This area has big potential but may take longer time to go upmarket...  Fast forward today is a different story. |
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Jul 19 2013, 03:01 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(accetera @ Jul 19 2013, 02:44 PM) Not too long ago Mutiara Damansara was a jungle... next to Orang Asli hideout. Land was part of Bukit Lanjan reserve and come under Mukim Sg Buloh if not mistaken. Boss, but even at that time Mutiara Damansara (MD) was so near to BU, Taman Tun etc, many high income families nearby to fast track the success of MD...Fast forward today is a different story. But look around Cochrane...Jusco Maluri is not a good gauge of the current local neighbourhood as the shoppers come from many places. The ex-Carrefour there can be a good representation n visited few times...compared to the patrons of Tesco at MD, they are from two different world... So geographically Cochrane lack of the strong immediate surrounding income support... Am sure Ikea later will find that their shopper profile in Cochrane to be very different from those at MD... |
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Jul 19 2013, 03:34 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(CMW123 @ Jul 19 2013, 03:01 PM) Boss, but even at that time Mutiara Damansara (MD) was so near to BU, Taman Tun etc, many high income families nearby to fast track the success of MD... I stay near BU/TTDI but wouldn't say that our neighbourhood was high income 10 years ago. Many were just young families then. But look around Cochrane...Jusco Maluri is not a good gauge of the current local neighbourhood as the shoppers come from many places. The ex-Carrefour there can be a good representation n visited few times...compared to the patrons of Tesco at MD, they are from two different world... So geographically Cochrane lack of the strong immediate surrounding income support... Am sure Ikea later will find that their shopper profile in Cochrane to be very different from those at MD...  Yes, you're right, the success of MD is location. As for Cochrane, I see this place something like Mid Valley - nothing previously but because of centre location between PJ and KL, the place start to boom after many years. Cochrane is actually the centre between Cheras and KL. It is no wonder that the MRT has to come here too in order to connect with Cheras. It will definitely take many more years for things to change. IKEA is targeting the average shoppers... so their factoring is more on volume ala population rather than gross income. But the IKEA in Cochrane will attract shoppers from all over KL/Cheras/Ampang side to come here for shopping. |
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Jul 19 2013, 03:41 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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QUOTE(dreamerf_14 @ Jul 19 2013, 10:09 AM) 650k for a studio? wow... Haha |
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Jul 19 2013, 03:55 PM
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Junior Member
85 posts Joined: Feb 2010
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QUOTE(Kelv @ Jul 19 2013, 09:53 AM) >RM650K sebiji studio. Wow  |
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Jul 19 2013, 03:59 PM
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Senior Member
673 posts Joined: Jan 2013
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QUOTE(fairsot @ Jul 19 2013, 03:55 PM) Wow Kinda steep ler |
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Jul 19 2013, 06:51 PM
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Junior Member
484 posts Joined: Aug 2011
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QUOTE(tikaram @ Jul 19 2013, 11:37 AM) got people rent studio with RM3k in this side of KL? same thought here....  |
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Jul 19 2013, 06:58 PM
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Junior Member
263 posts Joined: Aug 2011
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QUOTE(Kelv @ Jul 19 2013, 09:53 AM) Just to share.... Ballot Somemore? 1000 psf somemore...nowadays developers quite lansi wo... 1. Land tenure : Freehold 2. Price p.s.f : RM 1,000 p.s.f 3. There will be 800 units with size varying from 650 sq.ft to 2,700 sq.ft. 4. Tentatively, it would be launched first quarter of 2014.. 5. Our sales will be conducted by ballot exercise to determine the queue number. 6. Location: Facing Jalan Cochrane, next to MRT (the site has been hoarded). >RM650K sebiji studio.  |
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Jul 19 2013, 07:39 PM
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Junior Member
445 posts Joined: Nov 2012
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Is close to IKEA a big plus point?! Target IKEA manager o?!
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Jul 19 2013, 07:56 PM
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Senior Member
6,549 posts Joined: Jan 2003
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but there getting more dangerous, heard got alot of snatch and run cases...
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Jul 19 2013, 07:57 PM
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All Stars
10,777 posts Joined: Sep 2009
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Cochrane MRT Station... expect the KL skyline view to be similar...
pics by mymrt 2 months ago  4 months ago  This post has been edited by accetera: Jul 19 2013, 07:59 PM |
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Jul 19 2013, 09:35 PM
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Senior Member
5,219 posts Joined: Apr 2012
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QUOTE(CMW123 @ Jul 19 2013, 03:01 PM) Boss, but even at that time Mutiara Damansara (MD) was so near to BU, Taman Tun etc, many high income families nearby to fast track the success of MD... Agreed.But look around Cochrane...Jusco Maluri is not a good gauge of the current local neighbourhood as the shoppers come from many places. The ex-Carrefour there can be a good representation n visited few times...compared to the patrons of Tesco at MD, they are from two different world... So geographically Cochrane lack of the strong immediate surrounding income support... Am sure Ikea later will find that their shopper profile in Cochrane to be very different from those at MD... So geographically Cochrane lack of the strong immediate surrounding income support... >>> Sama sama like sentul. |
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Jul 19 2013, 10:25 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(xyyap @ Jul 19 2013, 09:35 PM) Agreed. Sentul has many famous YTL projects wor...So geographically Cochrane lack of the strong immediate surrounding income support... >>> Sama sama like sentul. Cochrane has the famous peel road school, or is it notorious The famous drunken cat steam talapia The shops outside jusco Maluri are quiet in the evening Velocity n this Mutiara 482 will change the exising landscape. When amaya Maluri vp? |
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Jul 20 2013, 08:25 AM
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Junior Member
139 posts Joined: Aug 2012
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This area could be one of the more integrated residences nearer to heart of city & KLCC though...and coupled with MRT infra....some may still want to fork out the steep pricetag
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Jul 20 2013, 09:10 AM
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Junior Member
397 posts Joined: Mar 2011
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Another sky high price project
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Jul 20 2013, 11:22 AM
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Senior Member
1,275 posts Joined: Jan 2009
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QUOTE(bukithot @ Jul 19 2013, 07:39 PM) Is close to IKEA a big plus point?! Target IKEA manager o?! I assume the opposite MRT point is bigger plus point  |
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Jul 28 2013, 03:39 PM
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Junior Member
182 posts Joined: May 2013
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QUOTE(chrisw @ Jul 20 2013, 11:22 AM) I assume the opposite MRT point is bigger plus point Opposite is Ikea and Ikano. And huge lands to be developed. Dont forget also the TRX just across the highway. And Aeon Taman Maluri redevelopment. |
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Jul 28 2013, 03:44 PM
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Junior Member
182 posts Joined: May 2013
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Also please dont forget it is 'link' with Ikea-Ikano-Cochrane MRT-Velocity Mall-Maluri MRT-Maluri LRT. Kinda cool!
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Jul 28 2013, 04:06 PM
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All Stars
10,777 posts Joined: Sep 2009
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All link up.... 5 years down the road, it will be a totally different place.
This is TRX site taken by dengilo few days ago...    |
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Jul 28 2013, 04:53 PM
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Senior Member
5,219 posts Joined: Apr 2012
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QUOTE(accetera @ Jul 28 2013, 04:06 PM) All link up.... 5 years down the road, it will be a totally different place. Dang Wangi or Cochrane location better?This is TRX site taken by dengilo few days ago... What about potential? Malaysia way of link up, like never link up one. Lol. |
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