Heard NSK is moving in. Retail malls were dying even before corona. What about now.

Many tenants are requesting for rent free period to reduce loss.

NSK... So the place will become very 'chap'... Will attract banglas lepak lepak there

do you know when is aeon big moving out?

aeon big still around but half of it is close, only left a small section like clearing their stocks

Nice place. What a waste

Tropics price keep trending downwards

Brickz price already 760psf

https://www.brickz.my/transactions/resident...ics/non-landed/

Any issues at this condo? Considering to buy it.

no issue. just the mall below is not doing well. tropics price keep dropping. now can get below 700psf. casa suites next door price drop but mostly holding.

very good location but price may keep dropping if the mall continues to perform badly. if can get below 650psf, is good price for long term investors but need to furnish again. However, must face this challenge: "In addition to the luxury units in the KLCC market, Lee observes that studio and one-bedroom units are also experiencing a higher level of vacancy." This is an issue here since all the tropic units are only 1+1. second room like a maids room.

Understand that AON bigs is staying on instead of N*k

This post has been edited by Babizz: Jun 5 2021, 12:14 PM

subsales price drop parallel with dropping in rental...anyway...this place is most strategic location in PJ... can start to buy if the price drop below 450k

Occupancy of mall drop to 50% n office tower drop to 47%

Tropics mall problem existed pre-MCO. There are just too many shopping malls surrounding that location eg.1Utama, Curve-ikea-IPC, Starling, Atria, Paradigm, 17 mall... crazy... situation won't improve anytime soon

988 FM radio station also moved out from there… so strategic location but doing so bad…

The shopping mall didn’t follow the crowd and give free 1 hour parking even as it was dying. Now uniqlo, daiso and other tenants and supermarkets have left, got free parking also no reason to visit.

The mall manager anything it touch in KV high chance will fail one. Now too hard to bring back to life unless they bring in a new supermarket like Tesco and many restaurants with low rental. Or not occupancy will keep dropping.

This post has been edited by Babizz: Jun 10 2022, 07:44 AM

Now price down to 690psf. Heard still very easy to rent out but rental drop. Last time was 1200-1300psf. Any owner can comment on the rental demand?

Ok another example of equity halving. Property is a wealth preservation tool some say. Add to that a diminishing ringgit, you have well and truly lost out to inflation in a currency with weakening PPP.

It’s a real shame. This is my local mall and I’ve enjoyed coming here with no crowds during Covid on top of getting a cinema to myself just when things opened. It is strategically located indeed but I reckon the cemetery negativity has spread here.

This post has been edited by Cavatzu: Jun 10 2022, 09:21 AM

3 Damansara to welcome the debut of latest NSK Grocer in Petaling Jaya

The supermarket with a modern-grocer concept will reinforce the mall’s community hub positioning with new retail and lifestyle offerings

Petaling Jaya, 21 October 2022 – Shoppers can look forward to a brand-new grocery shopping experience at 3 Damansara with the upcoming opening of NSK Grocer’s largest and latest concept store in Petaling Jaya. Occupying a net lettable area of over 100,000 square feet, NSK Grocer at 3 Damansara promises the widest range of premium-yet-affordable local and imported offerings in Petaling Jaya. Aside from offering a fresh food section, dry grocery area, wholesale section and deli, shoppers can also expect casual dining offering popular local fare.

This will make tropics and surrounding condos even easier to rent out. Hearsay rent went up for casa suites next door.


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These poor folks were without any semblance of a grocery store for well over a year.

Practically a nail in the coffin for an otherwise strategic spot.

Mall occupancy 74% and office occupancy 30% as of Sept22.