Salesman of PCove are offering big units at mammoth discount; encouraging me to sign on the dotted line to lock in the price. With the RTS further than anticipated, I don't see the rush.
How massive is the discount? %%%
Salesman of PCove are offering big units at mammoth discount; encouraging me to sign on the dotted line to lock in the price. With the RTS further than anticipated, I don't see the rush.
How massive is the discount? %%%
Discount is based on the biggest 4-bedder Layout type - H, 1386 sq ft, high floor, sea view, RM735/psf; total just slightly over RM1 million.
Discount is based on the biggest 4-bedder Layout type - H, 1386 sq ft, high floor, sea view, RM735/psf; total just slightly over RM1 million.
Discount is based on the biggest 4-bedder Layout type - H, 1386 sq ft, high floor, sea view, RM735/psf; total just slightly over RM1 million.
That's a decent price for a 4-bedder, though my preference still remains landed property. Way better than the other projects in the vicinity or Danga Bay, if this is true.
Since when is big discount started? Only for 4 bedder?
3,000 units, 290 shops & 2 office/hotel towers in R&F Phase 1. I think it is fair to assume that regular shuttle services will certainly be provided.
Even if a fee needs to be paid, it will surely be insignificant given the numbers above.
What if more than half of 3,000 unit residents are foreigners and do not stay regularly?
What if half of 290 shops are not occupied and shuttered?
And worse, this may be even a better situation!
The developer should just build homes and forget about commercial spaces altogether.
Here, 290 shops, Country Garden another 300 shops, Tropicana Danga Bay another few hundred shops, another thousand shops in Medini / Puteri Harbour,......and another thousand shops in JB Central new condo developments (Astaka, Vintage Bay, Suasana, etc...
So many shoppers meh????
It has been proven in other cities that integrated developments help in increasing PSF and property values. Personally I think it is a gd idea, since it is so near the CIQ but the layout of the mall leaves much to be desired in R&F's haste to sell off the commercial space.
I have seen enough mall layout to know what works and what don't. R&F mall layout and the lack of anchor tenant is a no-no in the commercial space industry. If one finds KSL confusing, wait till you see R&F mall. At the very least, KSL was clever enough to get MBO & Tesco in as anchor tenants.
That said, at RM 1 m plus for a 4 bedder, it is still not a bad investment, just that rental is unlikely to cover the loan instalments for some time.
Reopened thread.
CSLong, the TGP team is also marketing this, if you are really keen, please PM. I will ask them to discount for you.
Cheers & peace to all.
i am unclear of the commercial units at RnF but what you mean is there is no suitable lots (or unit too small) for anchor tenant at their commercial centre?
R&F has split into too many small commercial units, which is not viable commercially. Usually a mall needs at least 1 anchor tenant (usually a supermarket or Departmental store like Metro/Isetan etc). The most successful malls tend to have a supermarket, departmental store, and a cinema, all of which require big spaces.
R&F has split into too many small commercial units, which is not viable commercially. Usually a mall needs at least 1 anchor tenant (usually a supermarket or Departmental store like Metro/Isetan etc). The most successful malls tend to have a supermarket, departmental store, and a cinema, all of which require big spaces.
The shop units here are individual strata titled so every owner has his right to do whatever business there as long it is not restricted.
So you'll see various owners leasing their units out as massage parlor, kopi tiam, hair salon, KTV lounge and another massage parlor, kopi tiam, hair salon, KTV lounge and some more massage parlor, kopi tiam, hair salon, KTV lounge.........
However, if lucky enough, there may be a couple of good restaurants, some clinics and perhaps a supermarket there.
For preview at what this place may look like, pay a visit to the recently refurbished Sentosa Shopping Centre.
To me, when I see developer selling individual units in a retail mall to the public, my feeling is that they have no confidence that the mall will do well, just buy and dump to the market to sort out. A confident developer will keep their retail units and manage the place , ensuring quality mix of tenants, and of course securing of one or two anchor tenants and / or a cinema , for example. someone correct me if i'm wrong.