i will sell all my uoareit if it's yield is closer to sunreit/igbreit, then buy sunreit/igbreit which is lower risk.

How bout KLCC? lagi low risk

I taught IGBreit risk is lower than KLCC or no?

KLCC assets are slightly more prime than IGBREIT's IMHO
Hence its sub-5% net yield

But ease to attract tenant should be IGBreit, right?

This is where I categorise the "risk" factor.

KLCC got future KLCC mall 2 also with 2 more twin towers to be 5 tower in total.

Midvalley will face STIFF competition from Pavilion Bukit Jalil that will steal part of the KL south crowd.

Source?

http://www.skyscrapercity.com/showthread.p...1131385&page=49
http://www.themalaysianinsider.com/busines...s-shape-in-klcc

tower height has changed since the article was published.

Pavilion:

http://www.diyanazman.com/2014/01/03/pavil...in-bukit-jalil/
http://www.propertylifestyle.com.my/buzz/i...-in-bukit-jalil

If they can manage vehicle traffic/road planning better than IGB did, they could really cannibalise MidValley's human traffic

sold more then half of my cmmt at around 1.60
tropicana mall has better crowd now. but....it's not an attractive mall.
waiting to enter axreit maybe 3.20

TTB always big mouth....when he mentioned "bubble", he only means "overpriced". That's why he said reits is ok. Because when market moderately pull back, reits can buy property at reasonable price in order to get good future yield when the market recovers.

This post has been edited by yok70: Jan 27 2015, 03:34 AM

a lot of new one come in too. can see the obviousness that they are trying to squeeze as much tenant as possible.

it used to be wide. now sempit

Ok, get ready to deploy buy back cheaper strategy with UOAREIT!

New malls in the area:

GLO Damansara, Starling, Atria all competing within the same space as Tropicana City Mall.
So is business there ok?? I only go there for movies

Yes but Midvalley got potential from LRT n KTM connectivity via KL Eco City's mall.
Midvalley is refurbishing to keep themselves aligned with the market.

I will only repurchase at 1.60

How bout u?

KLCC hv OnG SPAC - SONA..risk more higher sepecially office reits.

U mean SONA rents office at KLCC izit? Or KLCC has stakes in SONA? Your England...my under kenot stand

Haha, day low was 1.62 right? Maybe I'll buy back at 1.5.

Besides risk, you also need to see the yield la.
if i not wrong, KLCC yield <5%?

Yes, current net yield only 4.8%.

But u need to bear in mind growth too; KLCC revenue AND earnings growth >5%, on par with if not beating some of your non-REIT dividend stocks.