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.