yeah... frankly speaking there are a lot of other options with larger sizes... haha.... any bukit jalil investors willing to share why you all vested in this area even if it is high density, high pricing, highly traffic congestion, highly reliance on the success of the new mall....   

no need to argue
why waste time ?
only time will tell

in investment , we always heard " aiya , i should have bought this 10 years back , i should have bought this 20 years back "
but in fact give them another opportunity again , they will still miss it

thats what make some people millionaire and some just common folks

one men meat is another men poison

u got ur own view , we got ours

u can stay invest in your subang / kajang / klang and what ever place

and lets look back this thread 10 years later

malton and desmond Lim is not stupid enough to throw billion and built a failing mall with the most successful Brand he created , the "pavilion" name

so what is it he had spotted in this land and we dont ?
you think you can outsmart him ?

those who say pavilion2 are no good, all are stupid, this project if not good can be sold all? you think all investor are stupid only you smart? what i worry just this pavillion2  no those world class brand.. will be minus a little bit

when pavillion done then comfirm u up the rental the tenants also wont run......

just call to malton team, they say world class brand LV GUCCI PRADA STILL Discuss....

I think Park 2 is a pretty safe investment.

Behind the project is a public park that will never be changed. In front are shops and malls.

I saw some talking about the mall won't do as good etc. but in my opinion, if you are living there, you don't need another Mid Valley. In fact, if it performs like Da Men or Subang Parade it is already a good enough place to satisfy one's needs.

Got cinema, shops and food stalls with moderate traffic, it is a blessing more than than anything. Who needs a super busy mall like mid valley in front of where you live? Sure it will affect the tenancy (Maybe high end brands aren't going to be one of your tenants) but I believe they are more than capable to survive and if you think it will be a dead mall, it won't happen with 3 blocks of highly dense residencies (fully sold), not even considering the other high rise projects from LBS within the vicinity, that alone is enough to sustain the mall's traffic.

If the project is like Tropicana Metropark, residencies take up rate half hanging and getting worse overtime, Mall plan uncertain and commercial shops are in the brink of failure THEN I can say it is a risky project.

Pavilion BJ? With the shops already done developed, a Mall is in construction and a fully taken up park residence with Park 2 almost completely sold out, it is safe to say that you won't regret investing in this project for own stay. Hack, the public park alone with a link bridge from your residence to it is already a good enough incentive while so many other projects like Tropicana Metropark have absolutely nothing but manufacturing plants around it.

Reit got policy
Only can acquire assest which give higher return then currently owned assest

New mall need times to be mature
Common practice in all reit

thats means pavillion 2 are no manage by pavillion Already?????

u need to call your malton guy lor tomorrow and only time will tell. Btw no need to worry so much, at least u can stay there next to a big mall lol. Also, a wise man once said

https://www.thestar.com.my/business/busines...itive-reaction/

Under the new guidelines, at least 75% of a REIT’s total asset value must be invested in real estate that generates recurrent rental income at all times.

Previously, at least 50% of a REIT’s total asset value must be invested in real estate and/or single-purpose companies at all times.

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.

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

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

No, I'm not a BJ Investor. I just like to go around and disprove people who likes to make up nonsense as if property talk is a kopitiam section.

Whenever I post a point, I will back it up with facts and if I post something that is non factual, I will say it is my opinion. However, some people (especially those with many stars) in this forum likes to think their assumptions are facts and when we ask them about it, they will just shy away from an actual argument or the question as a whole. I felt that at least I am doing my part in contributing to this forum for genuine buyers who actually rely on the forum for helpful insight and to disproved those who likes to make shit up in a serious forum.

Building a mall is capital intensive. It is best to get a fund to invest in it and the team can focus on development as well as getting quality tenants.

i am not implying they are running out of fund. It is always best to invite low cost of capital investors such as pension funds to invest along the way.

Take Pavilion KL as an example, they got KFH as investor subsequently sold to QIA.

BJ Sentral, MRCB has the backing of EPF to invest in the project including commercial space.

I am lazy. Yawn.

Do your own research ... Yawn...

Yes
Qatar is buying 100% stake in pav bukit Jalil
Changing name to pav Harrod
First in Malaysia

When Got New Mall and new airbnb to stay aND BIG lifestyle MALL.. who else still go old mall.......