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D'Tessera Damansara by Exsim, To discuss about D'Tessera by Exsim
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Cavatzu
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Sep 4 2022, 07:12 PM
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No doubt this is alright value but because so many are being built and are quite homogenous, feels like resale value will really suffer if you want out.
Only proceed for own stay or if you can hold till kingdom come.
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Cavatzu
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Sep 4 2022, 09:42 PM
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QUOTE(Teemo1234 @ Sep 4 2022, 09:33 PM) Ahh yes i forgot to mention this point as well. resale value might be a problem but considering the concept they have there. It's not as bad as one might think. But then again, we can't predict the future. Like Bangsar South, Mont Kiara, Desa Park City. All these townships starting also people say cannot de la but at the end can worrr. I know we cannot compare with those townships that's why, we cant predict the future :thumbsup: It’s the same problem as elsewhere when you got thousands of units finishing at roughly the same time with essentially the same look and layout. The other places had the benefit of staggered releases from different developers with product differentiation.
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Cavatzu
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Sep 30 2022, 04:23 AM
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QUOTE(NorAzdanNordin @ Sep 30 2022, 04:01 AM) If you know the history of the mall, and the area, the mall has already failed once. Whether Exsim will be able to revive the mall or not, is another matter altogether. On a separate note, this area is VERY, VERY, VERY packed. Buy at your own risk, I foresee exsim’s township/condos will be a ghetto area like flora damansara. Is Exsim going to fly out Paris Hilton to come party with the homeowners? Or cut budget a bit and use someone like Pui Yi.
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Cavatzu
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Sep 30 2022, 09:20 AM
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Like Ampang, although the location is attractive the sheer density will just disrupt the market and prices will remain stagnant for a long time if not go backwards.
People forget that assets and investments are built on scarcity.
This post has been edited by Cavatzu: Sep 30 2022, 09:37 AM
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Cavatzu
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Sep 30 2022, 11:42 AM
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QUOTE(flight @ Sep 30 2022, 11:29 AM) If there is 5k units and only 1 supermarket located right in the middle of the 5 units of condo. That supermarket is going to do very well. Your big assumption that it’ll be fully occupied. It could go the other way where if tenancy is weak and the commercial completely dies ala 3 Damansara.
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Cavatzu
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Sep 30 2022, 06:13 PM
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QUOTE(1ullaby @ Sep 30 2022, 02:29 PM) It will be mostly occupied, turnover will be high, rental will be under pressure, lelong units will come, but occupancy will be good. Don't compare to jalan ampang, this is a sponge like suburb that will absorb the pressure, don't believe? then watch and see Fair enough yes when you have a captive audience then yea a shopping mall of sorts make sense. Regardless this would take a 5-10 year time frame to come to fruition. I’m really suspect about how quickly things change nowadays. I just recount how many commercial areas attached to high rises that have failed.
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