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Investment SUNSURIA FORUM @ 7TH AVENUE, SETIA ALAM, Bandar Setia Alam builds up City Centre

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cyang
post Sep 5 2015, 10:17 PM

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Babizz, boss, any comment on this project?

This post has been edited by cyang: Sep 5 2015, 10:19 PM
nexona88
post Sep 5 2015, 10:42 PM

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good share rclxms.gif
keane04
post Sep 5 2015, 11:45 PM

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Selling pretty well i must say.
ace77
post Sep 6 2015, 07:43 AM

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QUOTE(keane04 @ Sep 5 2015, 11:45 PM)
Selling pretty well i must say.
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Most retailers will stay out. Dunt know what to say. Retail is not good now and especially in Setia alam. If u buying envisaging a scene vibrant retail and nice crowd. Better stay out

Regardless what, if SCM not doing good, this one will be even worse. BTW Giza is a failed project.

This post has been edited by ace77: Sep 6 2015, 07:44 AM
TSaccetera
post Sep 6 2015, 10:09 AM

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Malaysia Retail Chain Association buys many units here.
rainman19
post Sep 6 2015, 11:34 AM

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QUOTE(accetera @ Sep 6 2015, 10:09 AM)
Malaysia Retail Chain Association buys many units here.
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Super duper discount to MRCA
All s retail unit? Not shoplot?
BEANCOUNTER
post Sep 6 2015, 03:26 PM

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QUOTE(ace77 @ Sep 6 2015, 07:43 AM)
Regardless what, if SCM not doing good, this one will be even worse. BTW Giza is a failed project.
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why u said SCM is not doing well? same with Giza?????

base on what data?

keane04
post Sep 6 2015, 11:03 PM

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QUOTE(ace77 @ Sep 6 2015, 07:43 AM)
Most retailers will stay out. Dunt know what to say. Retail is not good now and especially in Setia alam. If u buying envisaging a scene vibrant retail and nice crowd. Better stay out

Regardless what, if SCM not doing good, this one will be even worse. BTW Giza is a failed project.
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I have no comment on this. I only comment on the sales which is pretty good..
thompsonchuah
post Sep 8 2015, 09:51 PM

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apparently, there's like a connection bridge from the second floor to the apartments..
ace77
post Sep 11 2015, 04:56 PM

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QUOTE(BEANCOUNTER @ Sep 6 2015, 03:26 PM)
why u said SCM is not doing well? same with Giza?????

base on what data?
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based on store receivable ..

Did u see the vacant lots??
ace77
post Sep 11 2015, 05:12 PM

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QUOTE(keane04 @ Sep 6 2015, 11:03 PM)
I have no comment on this. I only comment on the sales which is pretty good..
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seriously i do not how bad could be the situation after this project Vp. There already thousand of 3 -4 storey shoplots nearby (many vacant) and plus SCM.


keane04
post Sep 11 2015, 05:15 PM

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QUOTE(ace77 @ Sep 11 2015, 05:12 PM)
seriously i do not how bad could be the situation after this project Vp. There already thousand of 3 -4 storey shoplots nearby (many vacant) and plus SCM.
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Well, noone knows. I staying nearby, i can provide update few yrs later. Cheers.
ace77
post Sep 22 2015, 09:16 PM

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QUOTE(keane04 @ Sep 11 2015, 05:15 PM)
Well, noone knows. I staying nearby, i can provide update few yrs later. Cheers.
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Commercial investment at this area no go at this moment. U got thousand owners ready to slash price to get tenants or sales. Unless u being offered super low price or more than 15% discount. Big big risk
keane04
post Sep 22 2015, 09:59 PM

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Dun keep quoting me leh. I dunno and dun wan comment. I am just staying nearby. I can provide updates on how it performs yrs later. Period.
SUSjonathandeho
post Oct 5 2015, 06:06 PM

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I wonder how the business owner there survive. I am a retail business owner in SCM
Not really good business as like what Babizz say "spending power". People here won't spent here as they prefer spend in KL or PJ. Need time on adjust their mindset n spending habits.
Of course I wish people there spend but it's a challenge haha
klangvalleyrookie
post Oct 5 2015, 06:29 PM

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QUOTE(jonathandeho @ Oct 5 2015, 06:06 PM)
I wonder how the business owner there survive. I am a retail business owner in SCM
Not really good business as like what Babizz say "spending power". People here won't spent here as they prefer spend in KL or PJ. Need time on adjust their mindset n spending habits.
Of course I wish people there spend but it's a challenge haha
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One of the disadvantages of SCM is not many office crowd nearby. I guess these people mostly will have their meals and do some light shopping near their working place.

People staying nearby SCM will visit the mall during weekends.




SUSjonathandeho
post Oct 5 2015, 06:53 PM

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QUOTE(klangvalleyrookie @ Oct 5 2015, 06:29 PM)
One of the disadvantages of SCM is not many office crowd nearby. I guess these people mostly will have their meals and do some light shopping near their working place.

People staying nearby SCM will visit the mall during weekends.
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Yeah office not that near but thats not the main problem. I have few neighbors and fw friends who open business here on different level also having some comment smile.gif

Another one is the management didnt do enough event or marketing inside the mall to bring people to come in. If they build the convention hall inside the mall at the highest floor, there will b more spending in the mall. But instead so call systematic planning, convention hall is outside and need to walk a distance to the mall. This in fact not really a great plan.

Actually the mall itself alot ppl window shopping just if you look at spending habits is another problem. People come for aircond and not really shopping alot. But same batch of customer going to KL/PJ they spend more. Thats the problem of consumer here.


klangvalleyrookie
post Oct 5 2015, 07:02 PM

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QUOTE(jonathandeho @ Oct 5 2015, 06:53 PM)
Yeah office not that near but thats not the main problem. I have few neighbors and fw friends who open business here on different level also having some comment smile.gif

Another one is the management didnt do enough event or marketing inside the mall to bring people to come in. If they build the convention hall inside the mall at the highest floor, there will b more spending in the mall. But instead so call systematic planning, convention hall is outside and need to walk a distance to the mall. This in fact not really a great plan.

Actually the mall itself alot ppl window shopping just if you look at spending habits is another problem. People come for aircond and not really shopping alot. But same batch of customer going to KL/PJ they spend more. Thats the problem of consumer here.
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If compare to KL/PJ people, agree that spending power of SA people in general not on par.
klangvalleyrookie
post Oct 5 2015, 07:07 PM

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QUOTE(jonathandeho @ Oct 5 2015, 06:53 PM)
Yeah office not that near but thats not the main problem. I have few neighbors and fw friends who open business here on different level also having some comment smile.gif

Another one is the management didnt do enough event or marketing inside the mall to bring people to come in. If they build the convention hall inside the mall at the highest floor, there will b more spending in the mall. But instead so call systematic planning, convention hall is outside and need to walk a distance to the mall. This in fact not really a great plan.

Actually the mall itself alot ppl window shopping just if you look at spending habits is another problem. People come for aircond and not really shopping alot. But same batch of customer going to KL/PJ they spend more. Thats the problem of consumer here.
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Having said that, do u think The Forum workable? hmm.gif
Babizz
post Oct 5 2015, 07:11 PM

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QUOTE(jonathandeho @ Oct 5 2015, 04:06 AM)
I wonder how the business owner there survive. I am a retail business owner in SCM
Not really good business as like what Babizz say "spending power". People here won't spent here as they prefer spend in KL or PJ. Need time on adjust their mindset n spending habits.
Of course I wish people there spend but it's a challenge haha
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wah bro so rich got biznes also..yrs fnb or non fnb? always rmbr my friends quote"lend lease is lend lease but looks at setia mall performance"
QUOTE(jonathandeho @ Oct 5 2015, 04:53 AM)
Yeah office not that near but thats not the main problem. I have few neighbors and fw friends who open business here on different level also having some comment smile.gif

Actually the mall itself alot ppl window shopping just if you look at spending habits is another problem. People come for aircond and not really shopping alot. But same batch of customer going to KL/PJ they spend more. Thats the problem of consumer here.
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one key problem is the relatively below average spending power in setia alam bdr bukit raja n d surrounding area.. can u comment on how klang parade is doing?

I have always noted tht a hidden problem here is due to the lack of flyover into the central shah alam area aka sek 1-14 with very high spending power.. this crowd+bukit jelutong form the primary n highest spending catchment in empire subang as mentioned by their senior leasing member..

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