Comparing Pavillion Damansara and Empire Damansara in terms of quality and pricing in like heaven and earth. Total different ends of each other

That is like an open invitation for the taxman to open up your file and scrutinise under a microscope. So far all the friends/people I know who took the bold step and bought their investment properties using cold hard cash have had encounters with LHDN and end up paying more enriching their accountant. In the end also had to pay penalty to LHDN.

That is the kind of risk one has to undertake when buying auctioned properties. If got the opportunity to conduct dew diligence before attending auction would be the best instead of happily bidding and ending up with shocking feeling and displeasure after.

That's pretty much the same thought I had in mind but still someone was brave enough to step forth as a bidder and won the auction. All comes down to willing seller, willing buyer.

Sure does seem that way. Simple anology, even in the darkest of times in a financial uncertainly, there will always be a rolls royce being sold some where in the world.

Wonder what they plan to develop with that parcel of land?

That is exactly what I was pondering. How can they justify this to the shareholders?

That planning does sound good. Just hope it materialise in the near future. The mall is still struggling to see the day light. Hopefully they can complement each other when completed.

I think it's possible if no bidders for the 1st round. All the best if you're eyeing this auction

That's not bad at all, RM10k more than the reserve price. Totally unexpected. Did you bid for it or was it above your price since you were expecting for it to be lower?

This is bad news. Means mall management fail to deliver on what they promised.

I don't mean to be a party pooper or the one to splash cold water but the future of the mall really looks bleak now. Can't say about in the future when the hotels and college opens.

Makes sense, after one year and business is struggling to make ends meet, the only other option is to relocate to a location that has more crowd/traffic. No point to renew lease and start paying rent.

Hopefully it would be for a legit working cause, instead of the recent scam operations we saw in the new 2 weeks ago.

Never underestimate the logic and action outcome from our government, especially the current one. It would really shock a lot of people if they did approve their working permits. Surprised that bumi contractors never make noise about this.

They most probably bring their own cooks and kitchen utensils to setup own eateries. Otherwise, their own PRC people open restaurants/cafes to cater cheap PRC food. You could give it a try as they will get bored and want to try other eateries.

Ouch! That is nasty and painful but in reality it's not so easy to make money off these PRC nationals, unless it's another hit and run money game like MBI 😅

That was kinda exactly what I suspected as well. Since being raided, they would need a new base of operation. Bet they would pay the rent upfront with no qualms. Just wait and see.

Marriot Hotel is different from JW Marriot, well at least I hope they are not the same. Would not do the latter any justice located in the surrounding area.

LOLz.....you should go check out the Ice Skating ring over there. It will blow your mind away 😅

That makes more sense. But looking at the state of the half bake/built hotel building which seems more like abandoned for so many years gives me the shivers.

All I know that it is very bad. I can imagine since you mentioned it

Yes, it's the same. What we're seeing is their pasted advertisement all over. The government freezed and seize their monies in the bank account, hence why we had a group of 300 PRC that came here to protest, demanding their investment money back.

As far as I know, the DASH highway project in that area.