i've been wondering..who would be the potential tenants for KR 3-storey superlink? what would the tenant profile be like?

i've been wondering..who would be the potential tenants for KR 3-storey superlink? what would the tenant profile be like?

Possibility of tenants who are family with kids and parents / younger bro / sis, with strong income but
1) currently no savings to buy new house but sufficient to pay high rental to adopt the lifestyle
2) short term stay of 1-3 years where as the new house ( probably semi-d or bungalow nearby ) is still under construction
3) someone who are rich but downgraded as a bungalow owner but to a spacious superlink to maintain the exclusive lifestyle

Not many of them, but possibility is there. Hehehe.

Unlike bdr Kinrara houses which dun really has proper fencing, interested buyer can pass by and go in and look see look see, the toughest part for G&G project is outsider cannot simple enter the area without the guide fr agents, DPC price started to move on 2 yr after the VP, those who has stayed in will invite many of their relatives and friends to buy, create another round of BBB.

KR needs substantial amount of residents (40% occupancy rate) to create the awareness among prospect buyers, the little disadvantage is the location which is not fronting the main road, still has many people never heard about KR. So far only 46 2S & 2.5S residents move and stay in, bout 30% rate (total units = 181), now adding 3-S bout 269 units, bout 40 units are for sales, we need more people to move in here.

KR will become better and better, 40% is the target rate to achieve, I think only end 2015 can achieve.

Total houses = 865 units

Ya a agreed with your analysis that in the absence of continuous promotion of KR after VP, will affect its popularity. DPC unlike KR, where Samling Group continue to introduce new products and promotion. Whilst Samling push it products bit by bit, MH supply 865 units in 3 years. its probably take longer the 2 years after VP for the price to really move. Hopefully by that time, KIDEX and SKIP is up and multi-billion project by Ho-Hup - Jalil City is moving.

Conclusion: long holding period. hopefully annual appreciation above 5% to set off the holing cost.

This thread refers to the yet-to-be-launched Kinrara Residence gated community of superlink and luxury homes by Mah Sing Group. Kindly visit their website.

The company bought the now vacant land (about 126 acres) just last month - July 2010.

Phase 1 will be launched as early as Sept 2010. I think the address will be under Bandar Kinrara.

Salesperson said location will be near I&P's Kinrara projects and the Kinrara Golf Club as well as a forest reserve.

Hey there,

I am currently attached with a French company in KL who are specialised in Luxury Home Automation.

Wondering if you have any interest in this segment so that we can discuss further for a possible win win partnership with you.

Regards,
Afnan

good to apply to turn 2, 2.5 & 3 ssl into gated & guarded (g&g) as it's currently guarded only with perimeter fencing. let's gather the residents so that actions can be planned early.

no issue for semi-d & bungalow as they're already g&g.

Agreed with Covillea, for a property to appreciate, the environment and the serounding needs to be enhance especially the security, safety, lifestyle leaving, brand image inorder to attract more demand.

any url?

I totally agreed with u both. Hope we can have our own gated and guarded community soon.
Good sign, i spotted MS started to install some surveilance cctv/camera near the fencing :

www.ihome.asia
If i can have your email, will forward you the portfolio as well.

Regards,
Afnan
afnan@ihome.asia

This is the most difficult question to answer.
Total = 120 units (including the show house)

It all depends on how many owners are flipping / put up for sale upon VP :-
10% - 1.85 mil - 2.2 mil
20% - 1.7 mil - 1.8 mil
30% - 1.55 mil - 1.7 mil
50% - 1.48mil - 1.55 mil
70% - 1.35mil - 1.4 mil

I can't answer this, purely my prediction

To me it looks too optimistic. But I understand why.

Your worst case scenario of 1.35m is still above the original entry price of 1.2m (vaguely remember).

i think entry price was rm1.38 mil 3.5 years ago?

To me it looks too optimistic. But I understand why.

Your worst case scenario of 1.35m is still above the original entry price of 1.2m (vaguely remember).

Started at 1.288 for 2s, 1.478 for 3s in December 2010.