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View Full Version : "Ghost" residential/commercial with only one tenant....


Lord Anus
22-01-17, 21:02
Anchor tenant occupy few shop units n fully operational.

But its a mini version like half convenience store half supermarket, dun have all the things u would need if u intend to do serious grocery shopping for the family.

Rest all empty units, keys collection exercise still on. I think its just TOP.

Very quiet, nobody except contractors n real estate agents n business owners / potential tenants.

Only one storey, with many units facing the front walkway.

Surrounding is all landed residential. but at least its along a main road can see from outside. opposite facing got row of shophouse with a hipster café.

As usual upstairs is residential units.

http://i64.tinypic.com/wix1mo.jpg

http://i67.tinypic.com/10s7sep.jpg

http://i67.tinypic.com/2cernyc.jpg

http://i67.tinypic.com/2ylu1qr.jpg

http://i65.tinypic.com/2l8x63b.jpg

http://i63.tinypic.com/2cgix6q.jpg

http://i66.tinypic.com/oku89g.jpg
stalingrad
23-01-17, 00:15
These shop units used to sell for $3,000 psf. A friend of mine bought a shop unit at NEWEST at more than that. Now he is probably tearing every day.
Arcachon
23-01-17, 03:47
Learn from This Fashion before buying commercial property.
2824
23-01-17, 10:35
Hopefully there can be fewer / no releases of commercial property as strata-titled especially in OCR, cos result is just more "ghost" Malls
DMCK
23-01-17, 11:22
Will Bukit Panjang Hillion mall to be the same?
2824
23-01-17, 13:53
read somewhere that hillion mall was 80% leased out. shouldn't be a problem as long as the mall owned by 1 party or REIT, they will find somehow and someway to rent out the space maybe just earned less.
Arcachon
23-01-17, 18:28
Will Bukit Panjang Hillion mall to be the same?

No.
ccreporter
24-01-17, 08:28
No.

Agreed. It is between lrt and mrt. Good location.

Bp plaza will be affected.
smellyfish
24-01-17, 11:15
Hopefully there can be fewer / no releases of commercial property as strata-titled especially in OCR, cos result is just more "ghost" Malls

The market should self correct and reach an equilibrium. At least in theory it should.
henryhk
27-01-17, 18:35
The market should self correct and reach an equilibrium. At least in theory it should.

Is only theory, nobody want means nobody want....maybe can sell back to the developer, 😱😱😭😭 at half price, u tink developer want buy back??