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Investment MYRESIDENCE @ MYTOWN SHOPPING CENTRE, CHERAS, Sitting atop MyTown Shopping Centre

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Babizz
post Nov 14 2015, 04:58 PM

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QUOTE(ryan@chua @ Nov 13 2015, 08:19 PM)
Oklar . Parking my bicycle here also.

This one shall be better investment compare to the park bk jalil.
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boss why here btr..on a side noote this mall is really a WOW mall..

pricing here if below 1kpsf then OK lor..
Babizz
post Nov 14 2015, 10:51 PM

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QUOTE(Donald Trump @ Nov 14 2015, 03:05 AM)
Is The Curve doing well and very WOW?
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fnb well non fnb doubt so haha.. but this 1 we have d list.. it has many names to bring in the crowds..


sometimes we cnt use past.. see sunwai did their magiv with piramid n now even velocity cnt be saved whrby a few of their key anchor tenants pulled out n opening in mytowns
Babizz
post Nov 22 2015, 04:16 PM

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QUOTE(Jagalat @ Nov 15 2015, 01:28 AM)
My thinking is that Mytown and Velocity malls are having head to head battle now. Boustead will not under estimate Sunway and put its resources in getting great tenants to "counter" Velocity.

The mall battling will take place for a while...So my guess is that the launching of Boustead service apartment, will not be that soon..correct me if l am wrong ..
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NO WAY bro tongue.gif tongue.gif There's NO battle.. a lot of tenants PULL OUT of Velocities n opening in Mytown.. u see of the minianchors in putramall, ALL of them supposed to be in velocity but a few cancel their plans n opening in mytown.. big fnb names also open in mytown.. my friend was thinking of opening a shop thr n notice very few tenants sign up..

Sunwai gt it wrong with NO fashion anchor concept n also try to bring in many HIGH END/lux brands here which i'm sure does not fit the market demand n more so the catchment brows.gif brows.gif

Tenants won't wana open in mytown n velocity at the same time.. Its either HERE or THERE! to the sunwai fansi who doubt me, I have the proposed tenants n the layouts fr both malls n know who signed up n who didn't tongue.gif tongue.gif tongue.gif
Babizz
post Nov 22 2015, 04:33 PM

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QUOTE(HarpArtist @ Nov 22 2015, 02:26 AM)
worry not, competition always good for us consumers  icon_rolleyes.gif even for retailers, probably they will see rental rates flatten. im already very amazed by one recent mega mall's quoted rate.  drool.gif
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Hi boss, i know which megamall quoted u n tht mall keep delaying brows.gif brows.gif truth is most underperforming mall managers will continue getting strangled by the retailers who r suffering themselves.. n these same retailers expand into malls with low chance of making it n die again n the cycle continues cry.gif cry.gif
Babizz
post Nov 22 2015, 06:56 PM

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QUOTE(Jagalat @ Nov 22 2015, 03:21 AM)
Glad that you have the tenant list
MyTown may be leading after "revealing" the tenants.
But Sunwai has experience in mall management. Not easy be beaten.
Too early to make a conclusion at this point as the two malls are not open yet.
Anyway, the customers are blessed by having choices to of malls to visit
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OK lets see how this turns out as they have underperformed in ALL malls other than pyramids.. Mytown never reveal the tenants, the tenants reveal themselves to us tongue.gif tongue.gif

Indeed many Fnb customers in ikeas usually lost to the overhyped meatballs
Babizz
post Nov 22 2015, 09:53 PM

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QUOTE(ChuiChuiShui @ Nov 22 2015, 05:09 AM)
Boss, name lai...or pm me the mall name..i wan kepo kepo also  tongue.gif  tongue.gif  tongue.gif
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i hint u, this mall got delayed many times n is located in dsara... among the biggest malls in malai drool.gif drool.gif
Babizz
post Nov 23 2015, 07:46 AM

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QUOTE(HarpArtist @ Nov 22 2015, 01:19 PM)
imo confidence in the company lost, retailer will stay away no matter what, like hello boss says kv is full of malls. even if sw give free rent, one outlet reno and furnish etcetc need prob few hundred k...? why would retailer risk? they just go for the proven one.
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hi boss if u see sunwai offer free reno etc pls inform me tongue.gif on a side note putramal the free rental period ended up longer n until last quarter still hardly contributing to ths reit..even their office tower n hotel thr performing vry badly!!

Looking at the tenant list posted above which mostly i post before, u cn alrd see a few tenant like mango cotton hnm jump ship..

On a side note, MNG delayed their opening in putramals fr 4-5 months despite the store being ready..
Babizz
post Dec 23 2015, 02:05 PM

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QUOTE(jinsailoo @ Dec 22 2015, 08:07 PM)
this give signal that sunway piramid sucess,
not mean all mall manage by sunway will sucess.

same to pavilion,
pavilion run good not mean BJCC and damansara will run good also.

it is very hard to run a sucess mall
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i bliv bjcc n dsara will both do well.. but look at damens usj whr uniqlos pull out.. IGB i bliv all their malls will do well!

This post has been edited by Babizz: Dec 23 2015, 02:05 PM
Babizz
post Dec 23 2015, 02:14 PM

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QUOTE(JamesPond @ Dec 23 2015, 12:09 AM)
dont you think we are over supply mall?
I guess, you are more likely looking for AEON only.
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very bad oversupply bro.. even some aeons wont do well when all dis malls come up..

But im very sure mytown cheras will do very well as i said 1 yr bck..lets see how..
Babizz
post Dec 23 2015, 11:20 PM

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QUOTE(talker @ Dec 23 2015, 02:27 AM)
how about AEON Shah Alam? still ok?
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yes aeon shah alam will do well.. overall aeon track record of success is very high..only few malls underperform.. i foresee aeom bukit raja will decline when i city central malls complete..
Babizz
post Aug 12 2016, 10:16 PM

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why mytown keep saying its gona open on nov 15 when it looks like 8 mnths-1 yr before opening. if they intend to open nov15 with most tenants, they need to handover by now. looks very incomplete for now. btr target raya crowd instead tongue.gif
Babizz
post Dec 3 2016, 06:03 PM

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all the anchors have been firmed up? most exciting retail race in 2017 will come in 3 months when both malls r opened!
Babizz
post Dec 23 2017, 10:57 PM

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noticed velo residence subsale transaction is non existent from 2 yrs back. will minetown resi be the same?
Babizz
post Dec 25 2017, 04:45 PM

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QUOTE(ameliorate @ Dec 23 2017, 10:11 AM)
It seems like having a good mall and MRT does nothing for property nearby. Why is that?
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many other factors in the property world. At least got more condos here and velo2 to help with the "current subsale market"

https://www.edgeprop.my/content/1255708/bou...p-condo-project
Babizz
post Jun 27 2020, 04:50 PM

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QUOTE(MonGJiHyo @ Jun 27 2020, 02:42 AM)
Mango already closed? Anyone knows?

Seems like many of the tenants already closed down.. mph, giordano, godiva, chaps, esprit, tomei, cake house, cellini, etc... lots of hoardings on 1st and 2nd floor..
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Most malls will be way worse than this in a few months. Quite a few malls are like this already.

Even shops outside in commercial area also hit badly with many starting to close.


 

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