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 D'Tessera Damansara by Exsim, To discuss about D'Tessera by Exsim

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flight
post Sep 29 2022, 02:10 PM

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Hard to see the adjacent empire city shopping mall failing.

Given that there is going to be at least 8k units in central damansara perdana.

As well as 2.5k residential units within empire city, and a few office blocks and hotels.

All 10k units likely within 300m walking distance to the mall.

Land area its larger than mid valley city.

In reality dcp and empire city is almost like a small city.

Assuming average 2 tenants in 1 unit. Thats 20k population at ur doorstep.

And the highways linked directly.
flight
post Sep 29 2022, 05:09 PM

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QUOTE(Najibaik @ Sep 29 2022, 02:38 PM)
i dun think dcp ppl can walk 300m to empire city
the nearest block maybe can, other at least need 1km, especially those facing mountain
land size big & many ppl live in a place doesn't mean it is city/township
to me it is just lots of condo with retail shop below

you wan a real township example?
look at maluri sunway velocity
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Theres a dedicated walkway, skybridge, being built to connect both, for the condos directly opposite its going to be less than 100m.

Sunway velocity is 23 acres.

Empirecity alone is 30 acres. As a mixed development its much bigger than sunway velocity.

Dcp is 60 acres. The ones right at the mountain may need to walk, buts its definitely walkable.

Pretty sure its not 1 km.

60 acres end to end distance is also only about 500m. The condos entrance will be further out from the boundaries.

I think likely at most is 400m walk. The condos furthest away.

ps: its a rectangular plot of land.

Anyway, its walkable is to short version.

This post has been edited by flight: Sep 29 2022, 05:16 PM
flight
post Sep 29 2022, 11:06 PM

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QUOTE(Onetwothreeeee @ Sep 29 2022, 09:14 PM)
The mall already failed
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Not yet fully open.

Targetted 2023. Joint works by exsim and mammoth empire.
flight
post Sep 30 2022, 08:19 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.
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I think this depends on what ur definition of ghetto is.

Average price is 650 persqft?


Highways on ldp both ways, infrastructure being built around the mall, dash highway.


I can imagine there would be an oversupply. But im pretty sure it wont be a ghetto.

The location is fairly strategic.
flight
post Sep 30 2022, 11:29 AM

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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.
flight
post Sep 30 2022, 12:11 PM

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QUOTE(Cavatzu @ Sep 30 2022, 11:42 AM)
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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And u r making the opposite assumption.

Assuming the occupancy is insanely bad. Aka 30% occupancy. Thats 3k units. However existing residential soho units in empire city have high occupancy. 2.5k units

So that would assume that of the 8k units that will likely be there at 2027, only 500 are occupied. Essentially a ghost town.

Exsim would have to go bankrupt in the middle for that to happen. Which is kind of what happened to empire, hence the mall wasnt able to be completed. Rather than it being a failed mall.

Say occupancy is bad at 50%. Thats 6.5k units there.

13k ppl is still nothing to sneeze at.



However, is this a rational assumption? Damansara perdana is adjacent to 3 affluent neighbourhoods. Kota damansara, bandar utama and mont kiara. 4 if u count desa park city above. Essentially its encircled by affluent neighbourhoods.

It will be serviced by 2 major highways. Ldp and dash. As well as the other connecting highways.


An irrational assumption. Even existing developments are fairly well occupied.


However, is it likely that there will be a huge oversupply? Almost a certainty.

Even then, if occupancy is at 50%, its unlikely to stay there for long.



Personally i wouldnt buy dcp due to the oversupply.

This looks kind of like jalan ampang 10 years ago.

Although the locations seems substantially better.

However, there is only 1 mall at walking distance to this dense population.

Im pretty sure the ppl staying there have some sort of cashflow. These apartments arent that cheap afterall.
flight
post May 3 2023, 06:02 PM

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QUOTE(Babizz @ May 1 2023, 10:46 PM)
We will revisit this post when or if the mall actually opens. Assuming 13k units with 60k population can sustain a mall that's 1+ million NLA?? How many occupied office towers? Hotels? Medical centers? Its a full ecosystem for the mall to survive.

Anyway this tesera apartment is extremely overpriced. Really good luck to buyers.
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The sustainment comes from the major highways connected to it. Dash highway, ldp.

Major affluent townships in BU, mont kiara, kota damansara, damansara perdana, ttdi that surrounds the mall.

The 13k units is just a bonus.


Generally highway connected malls with large visibility tend to do well.

All the major malls outside of kl r like this.


Sunway pyramid, midvalley, 1 utama.
flight
post May 5 2023, 02:19 PM

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QUOTE(Babizz @ May 5 2023, 08:30 AM)
What does empire damansara mall offer that big guns like pyramid 1u or MV doesn't offer?

Damansara area is oversupplied with malls. Who will be the anchor tenants here? Who will the mall manager be? When will the mall be opening?
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Havent a clue. But dash connects to a new township in elmina. And this mall is new.


Have experience with empire subang to manage the mall
flight
post May 5 2023, 02:21 PM

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Denai alam

 

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