What do you all think of the expected performance of the shop lots at BJC? So many loom and doom stories.

Pls share!

The shops are almost ready. Any idea of the prospects of these shops?

Plans must be flexible to suit changing environment. I would rather have a smaller mall that is scalable and increase lettable areas when the demand picks up. The mix must work including the ongoing roadworks.

I managed to rent out my BJC shop since a year ago. Low rent but was expecting it to be empty for at least 2 yrs. Many inquiries after that though. Good sign or tenants looking for the best deal.

Feel good factor is back so hopefully when PBJ is up, BJC and Bukit Jalil as a whole will do well.

PBJ - Pavillion Bukit Jalil
BJC - Bukit Jalil City

Read updated newslah.

https://www.theedgemarkets.com/article/pavi...-mall-ownership

https://www.theedgemarkets.com/article/qata...ion-bukit-jalil

Another news, though not sure whether QIA did buy into the PBJ development. QIA own Harrods which is why the joke is this development will be named Harrods Bukit Jalil

QIA should have consulted you lah, thier lost.

Like wise how about your investment decisions?

All decisions are based on what ever facts and figures and investment objectives of the fund/company/individual. QIA must have been comfortable with what they see.

http://www.theedgemarkets.com/article/hyat...l-open-mid2023#

KUALA LUMPUR (Aug 29): Hyatt Place Kuala Lumpur in Bukit Jalil was structurally completed on Monday (Aug 29). Managed and operated by Hyatt Hotels Corp, the four-star hotel is developed by Malton Bhd, owned by Mygres Ceramiche Sdn Bhd, and constructed by Siab Holdings Bhd. The hotel was launched in 2020, and is expected to open its doors in the middle of 2023.

“We are thrilled to top off the hotel building as it marks an important milestone in our goal of establishing the first Hyatt Place hotel in Malaysia. We are proud to have good partners in Siab Holdings, Malton, Pavilion Mall Bukit Jalil, Hyatt Hotels and MyDecor Sdn Bhd, as the teamwork shown by all partner companies has been instrumental in bringing us to this point where we witnessed the hotel building being topped off,” said Mygres Ceramiche managing director Datuk Vincent Lye during the topping-off ceremony.

Also present at the event were Hyatt Place Kuala Lumpur, Bukit Jalil general manager Bennett Peter, Malton property development chief executive officer Kelvin Choo, Starbucks Malaysia managing director Datuk Sydney Quays, Siab Holdings managing director Ng Wai Hoe, and MyDecor general manager Ronald Wong.

Hyatt Place Kuala Lumpur, Bukit Jalil is the first international branded hotel in Malton’s 50-acre (20.23-hectare) Bukit Jalil City integrated development, which also comprises three-storey shop offices, the 1.8 million sq ft Pavilion Bukit Jalil shopping mall, and residential components, such as The Park Sky Residence and The Park 2.

“As the world reopened its doors to international travel, the tourism and hospitality sectors in Malaysia have started to see signs of recovery. This is where having an international hotel brand will help bring up the country’s tourism sector. With the Hyatt Place Kuala Lumpur, Bukit Jalil opening next year, it will also provide a boost to properties in Bukit Jalil City, and property values within the development are anticipated to appreciate in the next three to five years,” said Lye.

Sitting on a 0.64-acre freehold tract, Hyatt Place Kuala Lumpur, Bukit Jalil comprises a 14-storey block featuring a total of 250 hotel rooms and suites with built-ups ranging from 344 to 1,291 sq ft. Visitors will be able to do contactless check-in to and check-out of their hotel rooms via the World of Hyatt application on their mobile devices, eliminating the need of picking up a physical room key.

The hotel boasts a wide range of facilities, such as a 4,004 sq ft all-day dining restaurant with private dining rooms, a 1,905 sq ft lobby lounge and bar, a 4,079 sq ft rooftop bar and outdoor event space, and a 4,520 sq ft high-ceiling ballroom. There is also a swimming pool at the rooftop and gymnasium and yoga studio. For those who want to grab a cup of coffee, there will be a Starbucks Reserve located on the ground floor of the hotel.

Hyatt Place Kuala Lumpur, Bukit Jalil is near SJK© Lai Meng, the Calvary Convention Centre, Asian Football Confederation, International Medical University, Bukit Jalil Golf & Country Resort as well as the 80-acre Bukit Jalil Recreational Park. It enjoys easy access via the Bukit Jalil Highway, Kuala Lumpur-Seremban Expressway and Shah Alam Expressway.