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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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1 Answer

David Wong Lai Kwong
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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