Let's Talk on Buzz

This online forum is dedicated to honest and sincere posting on properties in Malaysia. You can read through the links without registering with us. Posting a comment requires registration and you need to provide an email address to register. If you are not sure on how to go about, you may want to have a look at Help & FAQs.

Shoppping Centers - buyer's beware Total: 2 Posts | 1 Replies | 239 Views

December 14, 2016 09:42 PM
#0
Community service and FYI - This is just to inform everyone reading this post that when you buy a shoplot at a shopping center, please beware. It used to be a trend some 10-20 years ago for people to buy shop lots in shopping malls and rent them out. However, the current trend is towards large malls operated by large companies like Capitaland. Consumers also tend to flock to large and upscale malls compared to small ones. I have many friends who had this issue. Furthermore, there is a lot of dispute on the service charge and the basic house rules of the shopping center is not followed. Some of them have their products displayed outside the shop (along the walkway) and it makes it very narrow. People will just skip the shopping center and go to large malls. Therefore, you may end up with a shoplot that no one wants to rent.

Most of the shopping centers at large cities are basically "built to rent" now and managed by large companies or REIT. In smaller cities, there are still shoplots available for sale at shopping centers. Just watch out.... buyer's beware
December 14, 2016 10:08 PM
#1
  • OfflineLimToi

  • *
  • Join Date:Dec 2016
  • Posts: 16
could not agree more. I knew a 2 decades ago, Taipan USJ is one of the better and prosperous places but it is so run down now.... pity those who bought there.

 

Short term rent - tenancy agreement?

Started by ander383Forum Renting Property

Replies: 0
Views: 160
December 13, 2016, 03:55:52 PM
by ander383
Which are the best places to stay?

Started by mr_wolf919Forum Malaysia My Second Home (MM2H)

Replies: 7
Views: 282
January 05, 2017, 03:48:21 PM
by kiat137
Buying land in Langkawi

Started by rudi99Forum Buying Land

Replies: 5
Views: 351
December 27, 2016, 11:13:07 AM
by rudi99
Each state has different minimum purchase price?

Started by janis03Forum Property Issues Related to Foreigners

Replies: 1
Views: 277
January 06, 2017, 03:24:58 PM
by bluemoon
Any difference buying properties in different states especially Sabah and Sara

Started by Alex LohForum Buying Property

Replies: 0
Views: 304
December 13, 2016, 10:45:53 AM
by Alex Loh