Personally I am just annoyed by the limited end financing.

Any alternative if not buying this Aurora Sovo? I want to stay above big shopping mall(Pavillion 2 looks very promising)

U may wait for malton's serviced apt.
Alliance bank is offering Blr-2.1% with MRTA.

Seem like UOB is more strict...

anyone got the loan approved ad?

Received SMS that aurora sovo early bird preview starts today from RM 425K. Those of us who booked earlier?

I think the time has come to avoid commercial type "homes" nowadays. For flipping will need to sell with 6% GST later. So subsale buyer will need to be able to pay 20% down payment for commercial loan and 6% GST. Total 26% of price in cash.
As opposed with 10% of price if buying residential, which will also be a part of development.
As such, there will be potential lesser demand after VP.
For rental, this SOVO will be at commercial rate for electricity (with projected tariff increase soon). So tenant will likely prefer residential rather than commercial.

Bukit Jalil is progressing to be a very self sustaining area. Residential both landed and highrise, school, a public park, a church cum convention centre, golf club, two highways, LRT and now a coming shopping complex. What is missing is a good office block? Can we see a Bandar Utama here?

I look at Aurora as a good office block with car park and your usual starbuck and alfresco dining that young professional is looking for. This place with the upmarket feel can attract professional firms that is looking for a good office complex in south KL.

I know a lot of buyers here is looking at this place as a residential play and the cooling measures are also not helping. Look long term......look commercial.....anyone?

Yup. Agree. I am optimistic to this so called first office tower in BJ. Especially this large 60 acres commercial land, soon will be turned into a Bukit Jalil commercial centre........shopping mall, office towers, hotel, shoplets, serviced etc.....

Don't think HH can't afford to fail again once exist PN17.

HH as a company will definitely benefit from the JV with malton. It is what they are going to do with the funds they have after that. The success of this commercial tract depends on how Malton is going to position pavilion 2.

Sunway velocity in Cheras is now selling at RM1,200 psf and their selling point is the integrated shopping complex, ie Pyramid 2 and proximity to KLCC. Aurora also has an integrated shopping complex in pavillion 2 and is actually quiet near to KLCC via MEX highway.

Any update of this project. Seem like very quiet!

which one is better? Velocity or Jalil One City (pavilion 2)

Velocity ==> appx to KL, link with 2 MRT, Ikea nearby, integrated project ...mall will be managed by reputated operator. Sunway... but very expensive when considering it in Cheras area...dunno the rental can make it or not?

Jalil One City ====> Bkt Jalil, well located between KL, PJ, Seri Kembangan, Puchong, Putrjaya..., near Bkt Jalil Recreation Park n Berjaya golf course, suitable for own stay.... commercial still not 100% mature....cheaper compared Velocity, plenty room of appreciation.... Pavilion 2 will be catalyst for another property price booming in future....over crowded with high rise condos.....lack of education hubs compared Sunway City & Mont Kiara.... the access road will be too small to cater huge volume of traffic in next 5 years when Pavilion 2 is completed...

May i know when wil malton's serviced apt launch?

If Price different of <15%, I will consider velocity

I called the property gallery last week but the SA replied not so soon. Proposed size is for small families from 800sf onward with price/sf from RM850, which works out to be RM680,000(deemed on the high side). But I suppose it will still enjoy good take-up given Malton can just cross-sell to its existing customers and it is luxury type which kinda justifies a premium price.

But if you know someone inside Malton and can pull some strings, then maybe can book a unit at least sooner than public.

This post has been edited by yjtan15: Feb 13 2014, 11:10 AM

Hi Taikor,

At this juncture, which price range do you reckon is reasonable for Velocity and its surrounding highrises, considering the potential it has.

Sunway project is always selling at premium price, Sunway name itself carry certain weights, branding wise is better than Malton, the group commercial development is very promising, on top of tat, 2 MRT stations wd give a great advantage over Bkt Jalil which has LRT only.
I believe this area has potential to become local tourist hotspot, IKEA (Boustead Cochrane Redevelopment) which sits right to it will also add value to velocity, all and all RM1,000/sf is quite fair.
Those investors shd look into existing condos in surroundings which are priced cheaper, old shoplots can be considered.

whoa breach 800psf mark d...

Wow....if really RM850psf, it should be a "New Record High Price" in Bkt Jalil.....
Went to HH recently and saw "Aurora SOVO" Bukit Jalil still has bigger units left.....

Let's wait and see how lah...
http://www.bukitjalilcity.com/

EXCITING development by MALTON Berhad

Yes. I think of surrounding projects shall be benefit from this.
Since it will soon announce its big plan to public.