IOI city mall putrajaya
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 Sep 19 2013, 12:01 AM, updated 12y ago
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#1
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Junior Member
31 posts Joined: Aug 2013 
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hi
I notice this hugh construction (IOI City mall putrajaya ) along the puchong -kajang highway is near completion - end of 2014. Do you think it is a good idea to buy any residential property that is nearby this future mega mall such as the puteri palma condominium which is within walking distance ? or perhaps this mall is build at the wrong place and at the wrong time? What is IOI track record in managing mega mall anyway? |
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Sep 19 2013, 12:10 AM
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#2
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Junior Member
31 posts Joined: Aug 2013
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I was told that it will be the largest mall in Malaysia - and probably in south east asia after completion ? The only available residence nearby (within walking distance) is the puteri palma condo and bungalows (way out of my budget) . It appears that IOI is dumping a lot of money at this location......
This post has been edited by musa putih: Sep 19 2013, 12:11 AM |
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Sep 19 2013, 12:55 AM
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#3
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Junior Member
31 posts Joined: Aug 2013
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QUOTE(AMINT @ Sep 19 2013, 12:31 AM) I believe there is a veryx3 huge demand for a decent mall like mid valley there. U have population with $$$ nearby but no near place to spend. Country heights, jade hills, nadayu 92, kajang 2 and tropicana heights (coming soon). Owners from these places have $$$. Also not forgetting setia eco glades, symphony hill, garden residence etc and other high end developments. Parkson and gsc cinema already signed in. I was told other big names in retail also signed already but not yet revealed. Do you think this mall will perform much better than alamanda putrajaya? (the only existing mall in putrajaya). I have been to alamanda before and I got the impression they are not doing too well. Perhaps IOI will have a different strategy altogether as I was told this ioi city mall will be allowed to serve liquor because they are sitting at the edge of kajang hence not under majlis perbandaran putrajaya . |
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Sep 19 2013, 11:42 AM
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#4
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Junior Member
31 posts Joined: Aug 2013
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QUOTE(HELLO HELLO @ Sep 19 2013, 09:19 AM) so far no very nice big mall at the south valley. I agree with your comments abt current IOI mall at puchong. Although they do attract big crowds, I would rate the mall as 2 stars as they appear to cater more to the low segment and their building looks run-down. If the new IOI city mall is trying to become the next pavillion(5 stars), they I do see trouble coming as the crowd at south klang valley are not ready to embrace this concept. Their best bet is to cater for the medium segmentvery nice big mall list: (except neighborhood mall) 1. south kl - midvalley 2. KL city- pavilion kl (favor by many foreign tourist and local too) 3. north west klang valley- 1Utama 4. west klang valley - sunway pyramid 5. KLCC mall coming soon: 1. south west kl brickfield Nu sentral (so far their tenant list look very good) got potential 2. ioi city mall (freaking huge!!.....but have to see how their leasing team got strong cable or not. if able to get 70%-80% occupancy rate with good quality/ potential tenant before opening date..should be ok....but puchong ioi neighborhood mall not so convincing. the mall lack of taste) 3. bukit jalil city Pavilion 4. damansara Pavilion successful/good neighborhood mall: -paradigm mall -setia city mall -bsc and bangsar village -the mines |
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Sep 28 2013, 01:02 AM
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#5
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Junior Member
31 posts Joined: Aug 2013
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Looks like the puteri palma condo is still the best place to invest considering its freehold status, low density and walking distance to the future IOI mall. The only problem is that the price has gone up at least RM100K within less than 1 year.
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Sep 28 2013, 11:00 PM
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#6
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Junior Member
31 posts Joined: Aug 2013
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QUOTE(wil-i-am @ Sep 28 2013, 10:05 PM) Wat is d minimum asking price now? Townhouse abt Rm500K for size 1216 sqft |
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