yeah for Citadines in cyberjaya got around 30 plus units open up for malaysian buyer...around 520k, 527sft. bigger ones around 740k. first 3 years GRR 6%, after that profit sharing....10+5 years lease to the hotel menagement. also got rebate 6% on selling price.

looking at the price psft looks expensive, but considering Citadines is under Ascott which in under Capitaland (same like Somerset also), maybe it's worth a try. Heard that research had been done thoroughly before that, and they are targeting business travellers coming to cyberjaya since there is so many MNC there.

There is an agency who got the exclusive right to sell (which i cannot say here coz later people will report me for trying to sell and remove my reply..hahaa). but for sure i know it is selling like hot pisang goreng! lol

Yup! one good unit on level 3

He told me around 10 left..total unit 203

U bought it in Singapore or Malaysia? I thought the Malaysia ones only open recently??

I was told June-July 2014, but VP expected maybe August 14 or end of Q3 14...

1. i dun think so lor...since the panel bank UOB offers only commercial loan.
2. nope
3. i was told a business class 4 star...dunno wut it really means actually...hahaa
4. no need
5. didnt ask this question last time...will ask the agent after this. is it important?
6. the road is persiaran multimedia...facing pool also means that it will be facing the residential blocks
7. 1st floor is the pool level...not low lah coz below got mall maa...
8. i'm betting on the name of ascott group n capitaland...i did abit of research, someone told me the original buyer of somerset ampang and bukit ceylon is getting 12-14% pa now. same company, wont b much worse than that gua...so sud b achievable if they only target 6.5-8.5% especially cyberjaya so many business travellers to those MNC n yet not much hotel there.
9. Hotel unit and residential unit are different thing, different market, so cant compare. my fren juz bought a small hotel unit in melaka business centre in ayer keroh, that already cost him 400k leh. 520k for cyberjaya hotel unit, i thk its a better buy than my fren one lah
10. i doubt it like u oso..progress seems too slow di
11. the hotel management lah give GRR not developer
12. Good question, i will ask my agent later
13. no free stay at all

btw, are u planning to buy one oso?

btw i thk citadines almost sold out di lah by now...

I think that one is Ascot KL. Under Capitaland got Ascott, Somerset, and Citadines. But I dunno what r the differences lah.


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Seems like u hav all the details...did u buy any unit? I remember u asking for the agent details...hahaha

my investment more on the long term. I got a 70% loan on it. The 6% rental return is based on S&P price(not the loan amount as some other GRR project by a different developer), so if the hotel managetment can pay me 6% every year (hopefully wont go lower lah) then i can pay back all loans by end of lease period 15 years. After that it's all mine for free😊

Btw, my mistake saying that it is sold out before this, apparently my agent is still selling it. Still got around 15units open bcoz of loan reject. This is his advertisement btw.

http://www.mudah.my/vi/24310345.htm?ca=9_s


https://forum.lowyat.net/index.php?showtopi...95&hl=citadines