What are you even talking about?

Comparing Park 2 against many other freehold project, I think Park 2 stands out the most.

You bring in all the assumption to the project and expect it to holland makes absolutely no sense.

Bukit jalil per square feet average only 450-550, it’s
Because of link bridge to pavilion mall park 2 only can sell 900 to 1000 , and now pavillion mall cancel , change name and the mall totally no premium concept , what still advantage ? ? This is the point , everyone because of pavilion only invest there .... tourist also won’t come

Correct.
One cannot use resi units fully sold out or park in front or link bridges to support that the mall will be a success....

Its a million sq mall. The 3 residences just no way to support it

By the way the park resi not fully sold out yet rite???

If I'm not mistaken, The Park 2 has very little facilities right? I remember when I was considering that time, one of the reasons that hold me back was lack of facility but the plus point of course was the mall. So I was split between mall vs facility.

Also, the price definitely has considered the branding of the Pavilion mall already, without such strong branding, definitely the price shall be lower.

Having said that, Twin Arkz also not cheap, BJ area not really 500 psf depends on property. As in whether The Park 2 is better than Twin Arkz, that I don't know.

Where did you even get the figure 450-550? LBS which is a leasehold in that area already cost 700+ and that is a mid level serviced apartment.

Also, bear in mind "average" for service apartment is not a good measure for new projects.

If that is the case, you are making EVERY SINGLE new project look like SHIT.

Lot 15 and Isola for example, priced at 900-1000 whereas the average for serviced apartment is 500+ only. Bear in mind this is statistic from edge property, I posted this few months back. The thing is, YOU DID NOT take the project specs into consideration. Lot 15 is a high spec project hence you can see the price difference.

Park 2 is definitely a HIGH spec project, it is obvious that the price is not your "average" price.

Pavilion mall did not cancel, what the hell are you even talking about? It is just that Pavilion REIT not going to take charge of Pavilion bukit jalil.

I can tell you clearly din't do your homework when you make up your argument.

This post has been edited by JasonLeeX: Jan 18 2019, 10:59 PM

For me I think high spec service apartment should have more facility , grand lobby , sky facility sky pool , I think park 2 it’s not ,the price definitely has considered the branding of the Pavilion mall already, without such strong branding, definitely the price shall be lower.

How much value does a mall add to residential? how many people wanted to live near a busy mall? where is busiest during weekend and holiday and when most people wanted to rest.

This post has been edited by icemanfx: Jan 18 2019, 11:39 PM

Well what you've said does not reflect to what the buyers think. The park residence is already fully taken up and the park 2 is selling really well with the price THEY SET so I don't see what is the point in your argument.

FYI, high spec does not mean more facility, grand lobby or whatever you've just said.

Lot 15 is currently the highest spec Sime has to offer and to date the most expensive PSF project under them but the project offers literally the bare minimum in terms of facilities. Instead, high spec means the finishing the project has to offer. The types of floor, walls, fittings and fixture of Lot 15 are really high end for each of the units (assuming the entire facilities and building is also using high end finishing as well). In comparison with park 2, the finishing is also not that far off and they have been advertising themselves as luxury level service apartment so that itself is good enough evidence to tell you that it is high end.

If you want to see low to mid end, see Panorama Kelana. They offer a SHIT TON of facilities ranging from tennis court to jogging track. However, I've studied their finishing and I can tell you that the material they used are really cheap hence their pricing of the project is also super cheap.

I think you need to study more on properties cause you seem to lack knowledge even on differentiating what is high end and what is not.

Developers (not agents) won't dare to call their project premium or luxury if it is not on their own website and brochures. At best they will only use "Affordable Luxury" in their marketing campaign.

Bear in mind all these are not in comparison with super leagues like kia peng, pavilion KL, four seasons, setia sky seputeh etc.

This post has been edited by JasonLeeX: Jan 18 2019, 11:57 PM

got mall comfirm add value, good rental income make good capital gain....

i dont want to argue with u that park 2 or park sky consider high end or not..i just mention if no pavilion brand name mall ..park and park 2 are no worth already... bukit jalil population all for own stay only...no more iconic to attract tourist

This post has been edited by morris6660: Jan 19 2019, 12:06 AM

Could you please show me evidence that the mall name is no longer Pavilion.

Also, I've said countless times before, it doesn't matter especially if you are staying there. A park, a mall and abundance of shops with no issues like graveyard, HTC or worn down neighborhood nearby, what more can you ask for?

This post has been edited by JasonLeeX: Jan 19 2019, 12:10 AM

can simply change meh? Already promote everything is Pavilion BJ then suddenly change.

How many and who are the tenants will pay high rental for units near to mall? how much value has paradiem mall, sunway velocity mall, da men mall, one city mall, mv, etc added to nearby residential?

all the hot project got nearby mall... its because easy to get tenants, or doing airbnb.....

i no sure the management still pavilion kl team or not

By the way, why pavilion bukit jalil has not open for business yet ah?

park 1 - 1098 units
park 2 - 709 units

so how easy is this going to be?

because pavilion reit sunddely play reverse gear..... when all the project surrounding selling hot because got pavilion mall ,now GG

6 block only 1700 unit consider low density aready if got pavillion mall ... u see razak city, m vertica...super high density

You really do not know how property and REIT works do you?

Also where is the evidence showing Pavilion BJ is changing name or are you just saying it out of spite?