Yes yes, arnica owners are looking at 1.2kpsf at least upon VP.. i would benchmark arnica against tropics although arnica's facilities/design is newer.. no worries, i'm pretty sure u sapu-ed something else..

Did u attend cyperus preview? or didn't bother

Attended the session with Ho chin soon

Even Mr Ho opened his speech with remark that with a location next to a MRT station, why TG need him?

Haha nice.. did he manage to convince a lot of people? i'm sure he didn't convince u enough to buy one

btw, this is a video of the underground stations of the MRT.. very impressive indeed

https://www.youtube.com/watch?v=qOygpPMeQss

Cyperus serviced residences...join them at Tropicana Gardens property gallery on 7 & 15 March 2015

Nothing wrong with this dev. If they price merely 10% lower, done deal.

But greedy lorr. Arnica buyers still good all the way.

event on this saturday

just take last week


Attached thumbnail(s)

Yes i reli like d facilities, concept & location... it seems like they are spending millions every month to advertise...
btw, i think cascades office is struggling..see opis rental thr asking for 2psf or less... cascades apartment renting around RM3psf or RM800-900psf.. This one closer to MRT+above mall+nearer to dataran sunway/giza..

This is my favorite MRT product

This post has been edited by Babizz: Apr 10 2015, 10:49 AM

Why cascades that poor performance arr?

Boss,

if u analyze offiice in dsara (other than 1u, uptown n surian tower), most of the new towers/office suites are not doing well... u see oval damansara cap value only 500psf.. too many offices n too few companies in the area la.. KD has too many shops/office in the encorp/cascades side which is further away from the heart which is in giza/dataran sunway..sunway nexis going for rm3psf fr their sohos..

TG office tower will house tropicana's new HQ n the remaining space cn be rented out at maybe rm4psf by then with the MRT n mall..

btw boss, nexis n cascade retail still nt doing well ah? gt 50% or not?

Yeah- got it. Well, Oval - that one is quite bad I know.

The last para - think it's less than that...

So far nexis n cascade retail looks like 15-20% .. btw LTG kor, arnica+bayberry really like speed of lighting leh. wld be gd if cn take a pic of cyperus up close .. its 4 yrs frm october last yr right?

This post has been edited by Babizz: Apr 11 2015, 07:28 PM

i using china ah pek phone ~ cant zoom too far to get clear photo

nexis should benefit from the future MRT foot traffic

while cascades retail full potential solely depends on the success its corporate office tower and the strand garden office next door..but hard to see tenants moving in now, especially with MRT works congestion (combined with KV office oversupply)

upon MRT completion, things are bound to pick up for the offices, tho most likely still a poor return for the office towers
but cascades retail has lotsa potential..the 2 development offices has ALOT of potential catchment workers

Boss very detailed analysis indeed,

Now when we look at the whole area.. i think the only SUPER wong areas will be tropicana gardens, giza, nexis+dataran sunway.. I wldnt reli add sunway galaxy to the list now but i hope they scrap the mall

The shops in encorp strand retail & mall arent doing well & i expect cascades retail to remain flat given the distance frm the pulse of KD.. we will see in 2 yrs la but i think any office tower super close to the mrt will do well...

Tropicana shld start the construction of the office tower la..

Lol u take frm nearby when u go giza la.. yesterday only manage to check mrt construction fr ikea n Empire city progress..

btw, anyone went fr TGs event this week?? some number talk

yeah man a mall from sunway is gonna overkill the already super competitive mall market
but perhaps they can differentiate themselves more (example digital mall)
i have a feeling they'll end up doing an open air pseudo mall like giza & nexis

TG doing open air mall below arnica+baybery la.. nearby got mega empire city mall too (bad access though)

haha then a mall by sunway would a lose-lose situation for all!

Yes, sunway has overestimated themselves n think fashion retailers wld sign up with them jus cos they are sunway.. same with pavi group.. they both have been shocked in 2015 with their new malls.. we will see soon

btw, did u visit the showunit? hows the id n all?