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I booked at retail lot at Bangsar Trade Centre at RM290K for 94 sf. Do you think its a good idea. The management guarantees I get 6.5% per annum return.
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<en>David</en> <en>Wong Lai Kwong</en>
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Dear Dianna,

Which floor did you buy for more than RM2,900 per sq ft? The size of 94 sq ft does not allow much room for merchandising or seats, if F&B outlet. Your tenant will not be able to sustain the business to pay you the rent of RM15 per sq ft in future (yield 6.5%).

The Bangsar Trade Center is not suitable for a retail mall. It is an office building. it is not friendly to shoppers eg. car accessibility, ample carparks and most importantly residents within 5 mins drive. For malls to be successful it needs at least 500,000 sq ft of retail spaces to attract the shoppers. Maklumat lanjut
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