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Investment CONEZION @ IOI RESORT CITY [OWNERS' THREAD], Infused with Lifestyle Excitement

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kiddyinvestor
post Apr 1 2016, 04:05 PM

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For the SkyPod project, this IOI developer really misrepresent between what is in the broucher and what is the actual unit delivered.
Basement car park flooded, specifications cut, gym room with 3-4 exercise machines and in their brouchers printed State of the Art exercise machines.
They are irresponsible developer with leaking and flooding everywhere from car parks to your unit corridors.
Don't believe? make a visit to Skypod or visit the owner complaints page at the FB, type Skypod...you can see how good is this IOI developer.
10cent
post Apr 1 2016, 11:09 PM

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QUOTE(JamesPond @ Apr 1 2016, 01:23 AM)
if you pick pyramid, 1U, Mid Valley and KLCC
citymall is below par. just do their rental psf and you will know what i meant here.
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Bro, i think mall above pricing totally cannot compare to this project la... sweat.gif
leelee1988
post Apr 2 2016, 12:08 AM

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QUOTE(10cent @ Mar 31 2016, 04:46 PM)
yup, SA said developer can well manage the commercial with only lease
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Just hope this Conexion will be different by doing that..
Cause this kind of concept dont seem to really work in malaysia..
Example : Scott garden, setia walk, c180 etc. The retail section initially doing great but later on.... sweat.gif doh.gif

really like this conezion putrajaya area just hope it wont become the next scott garden..



JamesPond
post Apr 2 2016, 07:34 AM

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QUOTE(10cent @ Apr 1 2016, 11:09 PM)
Bro, i think mall above pricing totally cannot compare to this project la... sweat.gif
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that is why citymall is below par
investor01
post Apr 2 2016, 09:47 AM

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QUOTE(JamesPond @ Apr 2 2016, 07:34 AM)
that is why citymall is below par
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Those malls have been around for a long time, I remember a time when people didn't want to go to sunway pyramid/1U cause it was not that exciting..but over time they have evolved to become great places..IOI city mall needs to be evolve quickly and keep doing so to compete with the other more established malls.

My opinion is IOI city mall is the largest and the best mall in the southern klang valley region..and if you look at the amount of developments in the southern klang valley region (Kajang/Semenyih/Seri Kembangan/Cyberjaya etc)...its a massive pipeline of units..

So unless something is terribly wrong with the mall, I don't see it facing a big problem attracting customers...

The mall is only around 1 year old and I think it has achieved quite a lot in terms of publicity, attracting tenants and customers within a short time...


investor01
post Apr 2 2016, 09:52 AM

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QUOTE(almaine @ Apr 1 2016, 09:19 AM)
this project has got some potential....how is the rental market there? easy to rent out?

tell me more disadvantages about this project  biggrin.gif
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Rental market is supported by people working/studying in KL (use MEX/Besraya/KL-Seremban), Cyberjaya, Putrajaya..Attraction to this place remains its easy highway connections and the large mall..it is relatively easier to rent out compared to other places as not many places are within walking distance to a large mall..

In terms of risk, I feel the commercial part needs to be managed well to ensure Conezion becomes a great place..
JamesPond
post Apr 2 2016, 10:45 AM

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QUOTE(investor01 @ Apr 2 2016, 09:47 AM)
Those malls have been around for a long time, I remember a time when people didn't want to go to sunway pyramid/1U cause it was not that exciting..but over time they have evolved to become great places..IOI city mall needs to be evolve quickly and keep doing so to compete with the other more established malls.

My opinion is IOI city mall is the largest and the best mall in the southern klang valley region..and if you look at the amount of developments in the southern klang valley region (Kajang/Semenyih/Seri Kembangan/Cyberjaya etc)...its a massive pipeline of units..

So unless something is terribly wrong with the mall, I don't see it facing a big problem attracting customers...

The mall is only around 1 year old and I think it has achieved quite a lot in terms of publicity, attracting tenants and customers within a short time...
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that is why now is below par compare to it peers.
investor01
post Apr 2 2016, 11:22 PM

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QUOTE(JamesPond @ Apr 2 2016, 10:45 AM)
that is why now is below par compare to it peers.
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???

JamesPond
post Apr 2 2016, 11:23 PM

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QUOTE(investor01 @ Apr 2 2016, 11:22 PM)
???
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not same class now if you want to compare with the best.
investor01
post Apr 2 2016, 11:39 PM

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QUOTE(JamesPond @ Apr 2 2016, 11:23 PM)
not same class now if you want to compare with the best.
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Yes..But the best is not the same price as this? If can get rm 600psf, freehold, 2 car parks, walking distance to klcc/midvalley..Then that would be a better buy lor..
JamesPond
post Apr 2 2016, 11:44 PM

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QUOTE(investor01 @ Apr 2 2016, 11:39 PM)
Yes..But the best is not the same price as this? If can get rm 600psf, freehold, 2 car parks, walking distance to klcc/midvalley..Then that would be a better buy lor..
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yes, if you want to put that potential growth comparison.
I wouldn't pick IOI can put extra effort on mall management. They focus mainly on palm oil.
While others peer focus more on mall and infrastructure development growth.
investor01
post Apr 2 2016, 11:49 PM

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QUOTE(JamesPond @ Apr 2 2016, 11:44 PM)
yes, if you want to put that potential growth comparison.
I wouldn't pick IOI can put extra effort on mall management. They focus mainly on palm oil.
While others peer focus more on mall and infrastructure development growth.
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Haha...Ok..So far.I like the mall and i go there very often..it doesn't look like it's run by newbies :-)
JamesPond
post Apr 2 2016, 11:51 PM

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QUOTE(investor01 @ Apr 2 2016, 11:49 PM)
Haha...Ok..So far.I like the mall and i go there very often..it doesn't look like it's run by newbies :-)
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you go there often simply because you stay nearby. prime malls are those that somebody from far will go there for shop or other purposes.

investor01
post Apr 3 2016, 12:05 AM

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QUOTE(JamesPond @ Apr 2 2016, 11:51 PM)
you go there often simply because you stay nearby. prime malls are those that somebody from far will go there for shop or other purposes.
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Haha..not really..I go there because it's a nice place..anyway..this has.become an endless discussion so I am stopping here..
JamesPond
post Apr 3 2016, 12:09 AM

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QUOTE(investor01 @ Apr 3 2016, 12:05 AM)
Haha..not really..I go there because it's a nice place..anyway..this has.become an endless discussion so I am stopping here..
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ya, we should stop for good. Time will tell all.
TSaccetera
post Apr 3 2016, 12:22 AM

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Construction tenders for IOI City Mall Phase 2 will be starting soon.
wisdomtot
post Apr 3 2016, 12:48 AM

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What sort of businesses will run in Conezion will largely depend on what kind of crowd it can attract easily. More or less the same crowd from IOI mall I guess, with some spillover. For those of you who intend to invest in this project, do visit IOI Mall at least once over the weekend & get a feel whether you like it or not. What makes One U, Mid Valley, Publika so popular may not be fully attributed to what branded shops are there, but also what kind of crowd it attracts.
investor01
post Apr 3 2016, 08:10 AM

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QUOTE(accetera @ Apr 3 2016, 12:22 AM)
Construction tenders for IOI City Mall Phase 2 will be starting soon.
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Good news!!!
ahkit123
post Apr 3 2016, 08:15 AM

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QUOTE(wisdomtot @ Apr 3 2016, 01:48 AM)
What sort of businesses will run in Conezion will largely depend on what kind of crowd it can attract easily. More or less the same crowd from IOI mall I guess, with some spillover. For those of you who intend to invest in this project, do visit IOI Mall at least once over the weekend & get a feel whether you like it or not. What makes One U, Mid Valley, Publika so popular may not be fully attributed to what branded shops are there, but also what kind of crowd it attracts.
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Got potential to become 1u of southern kl... South kl with Putrajaya +cyberjaya is growing in middle upper class...
10cent
post Apr 3 2016, 10:32 PM

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QUOTE(JamesPond @ Apr 2 2016, 07:34 AM)
that is why citymall is below par
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Hm... i think investment always from low price. And wait it to become mature city.
Before MV, 1U etc become high value also starting from low price what... sweat.gif

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