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Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC

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SUSMNet
post Feb 10 2019, 01:04 AM

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QUOTE(morris6660 @ Feb 9 2019, 03:06 PM)
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!
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they shop for grocery 99% not shop for hermes
coolguy99
post Feb 10 2019, 07:56 AM

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Bukit Jalil population is still not gunned for luxury malls. I think a lifestyle/family mall similar to mid valley will be best suited for bj.
z21j
post Feb 10 2019, 08:03 AM

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QUOTE(coolguy99 @ Feb 10 2019, 07:56 AM)
Bukit Jalil population is still not gunned for luxury malls. I think a lifestyle/family mall similar to mid valley will be best suited for bj.
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Dont estimate the buying power of bj residents. Future development include paradigm mall so i think pavillion bj should still bring in the somewhat similar value like pav kl.
forever1979
post Feb 10 2019, 08:54 AM

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there are quite a sizable china chinese staying in BJ condos... their spending power are better than local...
icemanfx
post Feb 10 2019, 09:19 AM

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QUOTE(z21j @ Feb 10 2019, 08:03 AM)
Dont estimate the buying power of bj residents. Future development include paradigm mall so i think pavillion bj should still bring in the somewhat similar value like pav kl.
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QUOTE(forever1979 @ Feb 10 2019, 08:54 AM)
there are quite a sizable china chinese staying in BJ condos... their spending power are better than local...
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How is endah parade doing? The nearest mall to bj, over flow with bj crowd?

This post has been edited by icemanfx: Feb 10 2019, 10:26 AM
BEANCOUNTER
post Feb 10 2019, 10:19 AM

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paradigm mall OUG not more already...….

its a wrong strategy for malton to go head on with mid valley.....one with 20 yrs history....how to get a lion share off mid valley?????

Malton got very lucky with pavilion BB. They only need to fight w YTL...

when you as Mainland Chinese is going to spend lets say 10k to 30k on high street bou bou…...you think they will think about 'oh yeah, pav bj just next door, just go and buy one after lunch'.
TeemoTeemoTeemo
post Feb 13 2019, 12:37 AM

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Wow seems like you guys are mostly big investors. How many of you bought the park 1 & 2 for own stay?
BUKITJALILCITY
post Feb 15 2019, 10:53 AM

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QUOTE(keelovesjie1314 @ Feb 13 2019, 01:37 AM)
Wow seems like you guys are mostly big investors. How many of you bought the park 1 & 2 for own stay?
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I have purchased a Type C unit

This post has been edited by BUKITJALILCITY: Feb 15 2019, 02:42 PM
BEANCOUNTER
post Feb 15 2019, 11:51 AM

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so much discount.....

hoisei…..
BUKITJALILCITY
post Feb 15 2019, 11:53 AM

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QUOTE(BEANCOUNTER @ Feb 15 2019, 12:51 PM)
so much discount.....

hoisei…..
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Attention... buy in 2017
aaron1717
post Feb 15 2019, 11:55 AM

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QUOTE(BUKITJALILCITY @ Feb 15 2019, 11:53 AM)
Attention... buy in 2017
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more ho seh... 2 years ago already so many discounts... flex.gif flex.gif
BEANCOUNTER
post Feb 15 2019, 12:01 PM

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QUOTE(BUKITJALILCITY @ Feb 15 2019, 11:53 AM)
Attention... buy in 2017
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make sure you declared net price whoa when sold and stated as part of rpgt.

nanti abang LGE cari minum kopi susah loh….. devil.gif
BUKITJALILCITY
post Feb 15 2019, 12:36 PM

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QUOTE(aaron1717 @ Feb 15 2019, 12:55 PM)
more ho seh... 2 years ago already so many discounts...  flex.gif  flex.gif
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A few days ago, I personally saw the construction progress near the landing plate. Park2 parking floor has been completed, the first floor unit has fallen concrete.
Attached Image
You need to understand... only a large piece of construction site two years ago... nothing... not like now rclxm9.gif

This post has been edited by BUKITJALILCITY: Feb 15 2019, 02:39 PM
morris6660
post Feb 16 2019, 02:23 PM

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QUOTE(BUKITJALILCITY @ Feb 15 2019, 12:36 PM)
A few days ago, I personally saw the construction progress near the landing plate. Park2 parking floor has been completed, the first floor unit has fallen concrete.
Attached Image
You need to understand... only a large piece of construction site two years ago... nothing... not like now rclxm9.gif
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so niceee
Cocoon
post Feb 16 2019, 02:28 PM

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The park condo facing bj park look very good. The view must be damn good.
holypredator
post Feb 16 2019, 04:15 PM

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What my beliefs about bukit jalil city residences are that it is an "OK" choice for living (especially if you have a reason to live in Bukit Jalil) and an "OK" choice for investment. Other than that I don't think it is worth all the hype that has been mentioned in this thread. The value ain't going to Up Up Up as if this is the next KLCC landmark (see my quote below).

There are potential for Investment for residences in terms of AirBnB seeing that it is near the Bukit Jalil Stadium (concert goers), a mall and golf club. However, bear in mind that there are 5 blocks (even more if you include LBS) of highly dense residential towers, which would definitely drive the AirBnB price down to the bare minimum in view of the competition investors will face.

Living wise, it is also moderate in value because while it has a park behind, a mall in front and shops in between, that area is Jam as hell. On top of that, you are living on a highly dense tower with 1,000 over units for park 2 itself and a lot more for park residences. Also, a lot of the investors are eyeing on it for AirBnB services and Rental hence living wise would be affected in that aspect.

Overall, it is a moderate buy. Not good nor bad for both living and investing purposes.


QUOTE
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.

dz91
post Feb 16 2019, 08:17 PM

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My trophy collection
Look back 5 years can sell at 5million
No where else can live near pavilion and big recreational park
morris6660
post Feb 17 2019, 04:03 PM

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QUOTE(dz91 @ Feb 16 2019, 08:17 PM)
My trophy collection
Look back 5 years can sell at 5million
No where else can live near pavilion and big recreational park
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5 million imposibble, just double up in 5 year
janszmatt
post Feb 17 2019, 06:03 PM

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What’s the price like now? I’m interested to buy
icemanfx
post Feb 17 2019, 11:03 PM

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QUOTE(dz91 @ Feb 16 2019, 08:17 PM)
My trophy collection
Look back 5 years can sell at 5million
No where else can live near pavilion and big recreational park
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If it does reach $5m, how many could afford to buy? unless us$1=MYR16, those who could afford $5m are likely to buy at bukit damansara, bangsar, tropicana or seputeh.

What is there to stop more towers coming up in the vicinity? how many will choose to buy old condo instead of new launch?


This post has been edited by icemanfx: Feb 17 2019, 11:20 PM

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