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Investment EMPORIS @ KOTA DAMANSARA [OWNERS' THREAD], The Next Era Kota Damansara

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post Oct 13 2015, 11:57 AM

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QUOTE(teddie @ Oct 13 2015, 11:04 AM)
wa all pics taken down jor, i missed the fun sad.gif
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Huh? Still there what

https://www.facebook.com/lordjayel/photos/p...?type=3&theater
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post Dec 13 2015, 08:40 PM

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QUOTE(Babizz @ Dec 5 2015, 09:32 AM)
if emporis retail mall succeed, i will shut down Malaysia Retail Insight page.. thats how sure i am that emporis mall is gona fail!!
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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?
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post Dec 13 2015, 08:41 PM

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*oh sorry, double post * delete*

This post has been edited by hspace: Dec 13 2015, 08:41 PM
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post Dec 13 2015, 09:10 PM

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QUOTE(Babizz @ Dec 13 2015, 08:46 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?  drool.gif 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.
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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+.


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post Dec 13 2015, 09:35 PM

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QUOTE(Babizz @ Dec 13 2015, 09:23 PM)
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  tongue.gif  tongue.gif only the 3 flors incl ground floor doing well!

Let's see how this experimental entrepreneurs turn out  brows.gif
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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.

 

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