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Investment PAVILION DAMANSARA HEIGHTS, Pavilion Group brings Leonard Design

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xander2k8
post Oct 9 2023, 06:08 PM

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QUOTE(Angellynx @ Oct 1 2023, 11:01 PM)
Doesn’t look like it will be ready in time for the opening  hmm.gif
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Already open today πŸ€¦β€β™€οΈ just late by half a day due to auspicious time
xander2k8
post Oct 9 2023, 10:31 PM

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QUOTE(Angellynx @ Oct 9 2023, 10:18 PM)
Pass-by outside of the mall this morning, the road condition of the surrounding... I just can't πŸ˜“ will wait till the condition better baru visit the mall πŸ˜…
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Can’t do anything because they have to rush to open before Christmas πŸ€¦β€β™€οΈ even Pavilion 2 and Embassy the same mess around the road

Btw not necessary to drive when it is just linked and next to MRT station
xander2k8
post Oct 10 2023, 03:23 PM

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QUOTE(Angellynx @ Oct 10 2023, 12:33 AM)
I would hope them to do well. My new office is going to be there. So definitely want it to be successful πŸ˜‚
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It will not do well but it will survive for long term due to office tenants there and the surrounding areas

QUOTE(Ask.Property @ Oct 10 2023, 09:41 AM)
just "another mall vibe" mall... lol... the new malls in malaysia are really getting boring and so hard to compete against the existing Big Four despite some of them were already way older...
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It is just another copy and paste project πŸ€¦β€β™€οΈ with different exteriors and do you think what make the mall more exiciting these days when everything is commercialised

QUOTE(Aldo-Kirosu @ Oct 10 2023, 11:03 AM)
Beside already got damansara city mall already, and it not yet fully occupied, but now opposite come out with damansara pavilion with 95% same details shop with other malls. Haha now a day a resident or office project without supporting by shopping mall seen like unable to selling well. But if a mall was not well managed or not doing well, all the resident and office lot might need to bear the failure. But of course it's just grand opening for sure I congrats and wish it doing well, just the market data ready terrify for my view.
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DC Mall is a failure from the get go πŸ€¦β€β™€οΈ because of expensive rents and they unwilling to lower for the big retail names

Pavilion Damansara will be different story because of the linkages with MRT and Residential and offices as it will definitely do better than DC Mall anytime
xander2k8
post Oct 10 2023, 05:44 PM

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QUOTE(Aldo-Kirosu @ Oct 10 2023, 03:52 PM)
but back to rental price, i dont think pavilion will lower than damansara city, and for business of view, its worth to rent not only because of the rental cost, but mostly is the business traffic from the mall? this is my opinion. If this DC mall have very good customer traffic, how expansive also got business want to in.
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You will be surprised on how aggressive Pav REITs is πŸ€¦β€β™€οΈ they are waiving rental for up to 3 years for big brands just to get the place filled up

It is already is lower as most of the loyal tenants are reaping up the gains from it as Intermark is another one whereby the loyal tenants are getting discounts off their rents in exchange for longer fixed lease
xander2k8
post Oct 11 2023, 11:36 AM

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QUOTE(Cavatzu @ Oct 10 2023, 06:53 PM)
This can do well with the right shop mix. They can go super atas and price all the commoners out. This one should be built to appeal to Bangsar, Damansara Heights, Bukit Tungku crowd. The rest will come to pay for overpriced food.
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That is their plan on paper

QUOTE(Aldo-Kirosu @ Oct 10 2023, 09:36 PM)
Hah???? Ready? Unbelievable.... Shock news I get to know today. Big brand most of the time occupied the biggest retails lot, not shopping mall earn money via leasing the retail lot? How a mall survive during the free rental time?
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You will be surprised on how their money through other charges πŸ€¦β€β™€οΈ and why do you think so many malls are dead after 3 years opening while big names are still surviving

 

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