Indeed bordering on delusional...is this suppsoed Harrods only open for parksky and park 2? Only walking distance can enjoy this alleged benefit? in this case, northpoint or ecocity rental and price should be double triple bangsar or taman desa, but actually...

Mid valley and eco city got no harrods or pavillion brand name....

There are no news that the building will be changed to harrods. Harrods isn't even a mall to begin with but only a departmental store brand.

QIA is an investment company, they don't really call the shots to naming malls besides they only hold about 35.74% stakes. They are cash rich from Qatar and makes a ton of blunder in their investment portfolio because all they have is cash and all they do is splurge on anything that is available (see their performance record).

I'm pretty sure either the mall would stay as "Pavilion bukit jalil" and run by other REIT or Pavilion REIT eventually takes over.

I think Malton group and Pavilion group might be losing confidence on their BJ City plan hence they are opening up for foreign investors. Think about it, if it is deemed so successful, who would want to sell it away? I believe what happened is the low take up rate of commercial shops which are already completed hence prompting both Malton and Pavilion to be worried on the malls well being.

Or perhaps Pavilion REIT gearing has exceeded their capacity hence they do not wish/have the capital to be injected for the mall. They are getting more selective on their project I guess since Da Men has not been doing well. Despite pavilion damansara being a later project, they chose that instead of BJCC which is obvious that when they have limited capacity, they would go for the better ones which in this case Damansara Pavilion and not BJCC.

This post has been edited by holypredator: Feb 1 2019, 01:00 PM

good point, just based on the address damansara heights v bukit jalil its not hard to see which most would choose

Damansara pavillion so expensive how to compare? and do u think so easy to rent per month 5000-6000 negative cash flow gao gao.... high risk

are we talking abt the mall or the bridge linked units here???

very confused.

ho hup aurora duo residential cancel?? if not if the facility got skypool then can consider!

Qatar Investment Authority (QIA) is a sovereign fund. They have global investments, with stakes in many retail/ shopping malls across the world. Have any of the shopping malls which they have invested in changed name to Harrods?

They have not even announced how much of Pavillion BJ that QIA are buying into.

but QIA Got powerful retail connection .....

If qia doesn't take up a significant stack (i.e cash injection) in harrod/pav bj, there is a fair chance the completion of the mall will be delayed.

This post has been edited by icemanfx: Feb 3 2019, 09:47 PM

How you derive at this conclusion?

Has malton said they are cssh trapped and without cash injection they wont be able to complete the project??

malton may not be short of cash at the moment. With number of shopping mall under construction in kv, not forgetting pv damansara, it is a commercial sense to delay or defer completion.

This post has been edited by icemanfx: Feb 3 2019, 10:20 PM

Malton already annouced completion is targetted at 4q20.

Announcement certainly. let wait and see how qia's dd end.

valuation of completed and fully tenanted mall is much higher than those under construction. unless it is a necessity, most developer/investor won't consider to sell (even partially) under construction mall at a discounted price.

like many development in kv, shopping mall/hotel is built to attract buyers for their overpriced residential units.

This post has been edited by icemanfx: Feb 3 2019, 10:43 PM

Why of all places Harrods want to open in BJ oh? Got also come to Pavilion Damansara la... this is like saying Hermes, LV Dior etc coming to Empire City (or town now)....

u dunno stay bukit jalil u dunno , do u know bukit jalil population so much , at night time and holiday, they are no surouding place to shopping , shoplot over demand, alot of bukit jalil population going to sri petaling, so that sri petaling capital gain very fast....bukit jalil population only can go ioi mall.. so pavillion 2 never failed!!! imposibble failes!! hermes lv gucci i think will have!

I thought BJ retail shoplots also completed jor like more than 1 yr.....

why BJ ppl dun go there???

do u see any shop open there? all still empty rite

so, why is that so? overdemand be like...that?

This post has been edited by LoTek: Feb 9 2019, 05:44 PM

From your description, community mall is more appropriate for BJ rather than a 2 million sq ft mega mall.

How is endah parade doing? As it is nearer than Sri Petaling, it must be overloaded and busy.

Anything impossible to fail and never fail is unfortunately cursed to fail.

This post has been edited by icemanfx: Feb 9 2019, 08:06 PM