Only 150 units which means half of the total available units? I am a property newbie and also heard his name from my friend. Wondering why he insisting first time home buyer? No down-payment and would be funded by him. How is he going to do that?
Free coffee? LOL. Just bring 3 in 1 coffee will do.

Can push for full loan. (Maybe he will press for 10% rebate)

Second time or third time buyer max also 80% to 70% loan.

Wah. But how do you define mall failure? More than half empty for first 2 years? (a lot of malls need several years, even Curve). Or half empty for 5 years? Or have to declare bankruptcy?

*oh sorry, double post * delete*

This post has been edited by hspace: Dec 13 2015, 08:41 PM

1. Less than 50% occupancy for 3 yrs
2. No good tenants (good means top 2 cinema, major retail grocery, major fashion player like aeom hnm etc)
3. Low footfall

Now can u and/or JL name me any strata titled mall in Selangor that SUCCEEDED? Can't declare bankrupt since its strata n those buyers will be responsible.

If u are a good developer, u wont sell yr LARGE MALL as strata units.

I see.

I think the developer (heard from someone who knows the developer) intends this as a boutique mall, like shoplot-style, so probably no "major" anchor tenants since nearby will have cinemas etc anyway. On their website, they even use "experimental entrepreneurs".

http://www.emporis.com.my/

I have no idea, you're more familiar with malls. Maybe you should ask this JL.
Only know in KL, perhaps Berjaya or Sg Wang. Heard BTS is much better than when first started. Small 400sf space on 4th floor can sell for RM1M+.

WOWOW no anchor tenants n wana survive in mid end KD market.. So boutique tenants n experimental entrepreneurs means like encorp strand lah but strand which FAIL at least got anchors to bring in the crowd. Here no anchors n purely depend on residents n small shops to bring in the crowds?

Emporis: 5-storey arcade-style retail outlets for experimental entrepreneurs

Yeap those 2 malls (sg not doing well also) only do well cos of the location in the heart of the city.. btw, times sq 4th floor nt doing well only the 3 flors incl ground floor doing well!

Let's see how this experimental entrepreneurs turn out

Haha. Actually I'm just guessing about the anchor tenant, since they just mentioned boutique.
Oh OK, no wonder the 4th floor want to sell. Haven't been there recently, nothing much to eat. But very high price too.

One City is a good example of FAILED mall~ totally matched with the 3 points that u mentioned..

I highly doubt that a mall with NO anchor tenant can survive in that area (especially)..

Anybody that have visited putrazz mall will know the result of NO fashior anchor (like aeon/parkson) in a mall..

This post has been edited by MonGJiHyo: Dec 13 2015, 09:47 PM

Large mall sell as strata unit can almost can confirmed going to fail. Fierce competition between mall nowadays. With strata units the mall management going to have big big jialat issue waiting for them. No full right to control the tenant unit. Soon later Manyak funny jialat stuffs u can find there. Cry also no tear.

Yes it is true.
I am frequent visitor of One City Mall.
Usually go there for movies since less ppl

Kinda a dead place

Errrrrrrr u sure ur hearsay bout 1m 4th flr korek hor. Do u know how bts price was goreng few yrs back??? Maybe lard ll tell u lotsa sugar-coated words but he know nuts bout bts i guess. Nah I guess nia hor not hearsay hor.

Pls pass tis msg to him n he has few hrs to update his fb bout bts story. If he knows how bts did it he can even post immediately otw few hrs more than enuf to ask his dev fren.

Dun expect spoon feeding har.

Btw boss u can put away those sugar coated words n try to put urself in dev shoe. Strata mall??? Tat must b too confident to announce it when there is almost no chansi to succeed. Maybe u r gungho now but I ll stil leave it to the time to tell. 4 yrs is not too far fr now. I'm gonna b here n do u think u ll come n giv a word or 2 by then???

Gd luck dude.

Btw can u help me bring the NIK gor here??? Kinda miss him tim.

This post has been edited by ManutdGiggs: Dec 14 2015, 06:55 AM

In another forum which is oledi down by now there was a gungho agent aka 128 gor mentioned one city sure huat. Now kantoi liao. He is lucky forum is down but I know who is he in real life.

Agent oh agent. Pls b ethical when making sales. Dun sia sui other gd agents pls.

One city mall. Been there once for my whole life time and very unlikely will go back there again.

What a waste for such a reasonable good piece of land and all the money dumped in.

This post has been edited by RTFM69: Dec 14 2015, 06:10 AM

That's whyit is better to analysis ourself before purchasing a property.
Trust noone

They just need to bring in more well established tenant
Look at how binapuri changed the game for mainplace?
They did it so well

So entertaining in this thread, yet I missed it. Lol.

Prop newbies should at least seek for advise from ManutdGiggs/babizz. This will helps you to reduce risk especially avoid "con" by those unethical prop agent or so called guru (lard).

prop agent usually talk "very nice" for the area that they wanna sell.. They don't care the buyers (like us) as they wanna "cari makan" only.. It's their JOB