QUOTE(icemanfx @ Nov 19 2018, 03:46 AM)
Ion delemen and ion majestic make sense?
genting doesnt own the entire mountain lahGRR/ Hotel profit sharing experience, GRR
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 Nov 19 2018, 11:49 PM
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All Stars
20,146 posts Joined: May 2011 
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Nov 20 2018, 12:50 AM
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All Stars
21,459 posts Joined: Jul 2012 
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QUOTE(BEANCOUNTER @ Nov 19 2018, 11:49 PM) genting doesnt own the entire mountain lah Why hotel operators like Sunway, royal chulan, tune, etc not invest there but leave it to developers/grr? |
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Nov 20 2018, 02:19 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(icemanfx @ Nov 20 2018, 12:50 AM) Why hotel operators like Sunway, royal chulan, tune, etc not invest there but leave it to developers/grr? I think they know they cant fight with genting with more inferior locations. |
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Nov 20 2018, 08:42 AM
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Junior Member
28 posts Joined: Oct 2018
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Personally i feel that ION delement has too high price per square feet. You better buy windmill with more room for appreciation
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Nov 20 2018, 01:29 PM
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Junior Member
125 posts Joined: Apr 2018
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QUOTE(KingofProp @ Nov 19 2018, 06:02 PM) I am a real estate negotiator here. Good points.throughout the years i have refused to sell GRR projects based on following reasons: 1. inflated SPA price- the x years GRR comes from marking up your SPA price and using that additional money to pay you back. 2. usually the developer will setup another so called management sdn bhd company and sign the GRR agreement with you. anything happened, end up you will be suing the 3rd party company instead of developer 3. Usually the property with GRR are small retail lot or one hotel room. in the future if you would like to sell it off, think about this: who would want to buy a hotel room??? It is very smart of the developers. After a few years giving you rent with your SPA price, when your unit is aged, needs renovation and not generating good rent, they will return the unit to you. Cantonese saying: you put forth the chicken, they put forth the soya sauce. |
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Nov 22 2018, 12:08 AM
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All Stars
21,459 posts Joined: Jul 2012
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QUOTE(ADELINE KAM @ Nov 21 2018, 10:33 PM) I'm a Hatten Suites owner. I HAVEN'T RECEIVE ANY RENTAL SINCE April 2018. Emailed to them many times but their reply as below: Please be informed that we are still pending the date of payment from Accounts Department. We shall keep you informed. We sincerely apologize for the delay of payment and any inconvenience caused to you. What Can i do now? Pls advice. Tq QUOTE(AskarPerang @ Nov 21 2018, 11:59 PM) Cheap lelong unit check in. This post has been edited by icemanfx: Nov 22 2018, 12:18 AMCheaper than launching price back in 2011. Good view. Facilities at level 13. Unit is at level 16, facing the facilities. C-16-27, Hatten City, 75000, Melaka Reserve price 🔥🔥RM 171,000🔥🔥 Leasehold until 2102 209 sqft Auction: 29-Nov-2018 (Thu) » Click to show Spoiler - click again to hide... « |
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Nov 22 2018, 12:18 AM
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Senior Member
3,836 posts Joined: May 2008
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QUOTE(BEANCOUNTER @ Nov 19 2018, 11:48 PM) genting is known to give free accommodation to freeloaders. Genting's main money making machine not rom hotel business. Genting just want to make money (load of it) from gambling business. The hotel is just to attract ppl to stay, eat, gambling and enjoy the theme park. Ion and windmill will not able to compete with genting hotel because 1. Location 2. Genting can cross subsidise their hotel with their other businesses. Ion/windmill need to make money from their business and most likely majority of their guests would be spillovers from genting. This post has been edited by gks: Nov 22 2018, 02:16 AM |
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Nov 22 2018, 12:54 AM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space 
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Nov 22 2018, 02:57 AM
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All Stars
21,459 posts Joined: Jul 2012
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If grr project is long term financially feasible, developer would have pitched to reit, need not spend $ on re agents, marketing and promotion.
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Jan 21 2023, 09:30 PM
Show posts by this member only | IPv6 | Post
#50
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Newbie
9 posts Joined: Dec 2008
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Do not buy from NCT, Good luck for the investment. GRR delay 21 days until now not release. PSS less than 15% of your instalment. Unethical developer, when owner want to audit, keep delay the documents.
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Feb 6 2023, 08:02 PM
Show posts by this member only | IPv6 | Post
#51
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Probation
1 posts Joined: Feb 2023
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I was wondering if genting room is insufficient why first world hotel giving so many free room away instead of give cheaper room to traveller for gambling😝 impossible got money dun wan earn mah
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Feb 6 2023, 08:36 PM
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Senior Member
1,926 posts Joined: Feb 2016
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QUOTE(winnielove616 @ Feb 6 2023, 08:02 PM) I was wondering if genting room is insufficient why first world hotel giving so many free room away instead of give cheaper room to traveller for gambling😝 impossible got money dun wan earn mah Genting makes more money by first world giving free stay to gamblers. Gramblers family members spend more in f&b than travellers vinceleo liked this post
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Feb 6 2023, 09:00 PM
Show posts by this member only | IPv6 | Post
#53
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Senior Member
1,773 posts Joined: Dec 2013
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Genting earn so much through F&B n their freaking parking harga yahudi
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