When the retails are dying out, why do they keep on thinking mall will attract more interest or make the properties better?
Investment THE VELODROME @ JALAN CHERAS, The Circular City of Cheras
Investment THE VELODROME @ JALAN CHERAS, The Circular City of Cheras
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Apr 11 2018, 12:15 AM
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#1
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50 posts Joined: Mar 2014 |
When the retails are dying out, why do they keep on thinking mall will attract more interest or make the properties better?
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Apr 11 2018, 12:43 AM
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50 posts Joined: Mar 2014 |
QUOTE(selinix @ Apr 11 2018, 12:35 AM) Come to think of it, what else can they build besides the typical mall/office/hotel .. More landscaping or facilities would be great addition to increase the value of a properties I believe, rather than mall.But 7 towers 1 mall, i didn’t expect that land to be that huge Unless it will become a very popular hot mall, they are taking a very big risk if the mall doesn't prosper as planned. |
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Apr 11 2018, 02:32 AM
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#3
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QUOTE(BEANCOUNTER @ Apr 11 2018, 01:55 AM) Mall n offices if kept by developer can generate income..... Generate income from office, I still can understand, not necessarily from Mall, if the mall is not well accepted, that will also be the downside and will also affected the sales of the units they sell to public in the long run. Units they sold to public....even if price increases it wouldnt go to developers pocket.....what is the use? I just don't see retails can survive in the future, more and more retails, even the huge retails are closing down, all have move to online. I just don't see who will dare to invest more in retails in the coming years |
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