7 majors
Average of 25 students per major = 175 students
3 intakes per year with an average 3.5 year diploma/degree program, an average of 10 batches of students at any given moment
We are looking at about 1750 students, without adding into the equation the drop out rate.
Out of 1750 students, 50% are Klang Valley/KL locals who drive to school and stay with parents, so "AT BEST" you have the balance 875 students to target. The only silver lining about TOA is that we have extremely extremely little foreign students, unlike Lim COCK Wing.
I am not saying that TOA students wont rent this place, but for a development solely relying on TOA, factoring the additional incoming supply of GREENFIELD, both you and greenfield dont have much leverage as the the limited amount of students are actually spoilt for choices. I see better prospect for both developments @ renting to the girls from HOTSEAT
P.S I am neither a buyer of both developments, just sharing my opinion
good sharing bro. We can now better discriminate the hype surrounding this project. cheers.