tall, 41 storey.
spacious, average 2200sf..
not sure about psf price.

build and sell development.

FREEHOLD!!

wahh dat first pic stolen from me wan hahaha... no prob lah!

yea! cant find it anywhere else and there is no such topic yet in this forum.
property location is excellent except from the high tension lines nearby.

seems like a great location.

yes, great location for own stay. seems like people still very much prefer five stones, SS2 than this.

psf won't be 400psf ... too cheap for that location imo..

photo taken 2 mths bck

long long time ago, rumored to be 300psf.

if 2200sf unit @ RM500psf = RM1.1 million. another million ringgit castle in the sky.

is it this located at the back of One utama?

the road which link bandar utama to damansara mutiara?

yes, you could access from KBU, one utama new wing, or turn right after the tunnel in Curve/Ikano.
cant miss the building as it is so tall!

Thanks. im always passby there, yet i dun know the project name.

41 storey Developer gonna makes tons of money.

yea, lets just assume fully sold @ average RM1 million.
that is already close to 1 billion ringgit there ! (911 units)

This post has been edited by cranx: Sep 14 2010, 11:22 PM

launch alrd? when start sell. this place can grab

911 units?
oh my!

how much is the estimated rent eh?

I believe RM2500 and above. rental yield will be low if really @ RM500 and above psf price.
with so many units there you need to be incredibly lucky to rent it out unless majority are for own stay purpose.

also, the original Bukit Utama condo, occupancy rate is not that high if I am not mistaken? anyone could verify?

IMHO, the project can't sell too expensive because:
1. average built-up is big meaning affordability is an issue
2. too high density. if u can afford rm1mil price tag, do you want to cramp with another 910 other fellas?

even if starting at rm400psf would be hovering at rm880k for cheapest unit. at rm880k, you have many choices for landed homes within BU itself. just check iproperty yourself.
and from what i'd heard, their facilities is co-joining with the club (meaning public can access the facilities vide the club membership).
sigh! seehoy should have divied the lot and plan out 2 or even 3 developments there resulting in lower density and also staggered launching to escalate the prices phase by phase.
anyway, that's just my 0.0000002 cents worth!

..plus it is not ideal for investment since it is built-n-sell...those who wanted to stay would have already gotten a unit for their own (900+ units! gosh) so secondary market push won't happen that soon.

location is excellent, but looking at that density i would agree i wud rather spend a Mil looking elsewhere..

Just came back from there. Starts from 1.1 mil.

yea agree with kochin. very high density.rental wise not much ppl cant afford this kind of size.