Construction of infrastructure system is well underway.

THe project is progressing. U can see alot of workforce there.

KL ECO City | Vogue Suites One
by john cheng





















This post has been edited by accetera: Dec 31 2014, 03:09 PM

AEON is moving out of Mid Valley to come here?

KL Eco City has some delays. But this is expected as this is a 60-storey tower, the first condo in Malaysia breaching more than 55 floors.

I hope the maincon, Ireka can do a good job here.


Local maincon IJM did Troika until 50 floor was delayed too.

Leighton did K Residence 52 storeys. Korea's Daewoo completed structure for 48-storey St Regis recently. Two China companies are working on Banyan Tree - 59 storeys and Tropicana Residences/W Hotel - 55 storeys.

This post has been edited by accetera: May 3 2015, 11:33 AM

by john cheng

This post has been edited by accetera: May 15 2015, 06:06 PM

KL Eco City's Second Residential Launch is Scheduled Soon - Big Building Model is ready


http://www.klecocity.com.my/serviced.asp#.VZk_Xhuqqko


The 39-storey Hotel & Serviced Residences tower block comprises 2 wings which are seamlessly integrated to offer both guests and investor-owners a medley of flavours and excitement, where luxury, indulgence and convenience converge.

216-room Hotel will be managed by Setia Group Hospitality for visitors and guests, while 300 units of Serviced Residences sharing the same address will be offered for sale to private investors and individual owners. Ranging from 650 sq ft to 1,200 sq ft with a choice of 1, 1+1, 2 & 3 bedrooms, all units are designed and fitted to meet the exacting 5-star hotel standards. Resident-owners will enjoy access to bespoke hospitality services such as concierge services, business services, all-day dining, spa & wellness among many other amenities.

This mix offers a premium lifestyle that attracts the well-heeled and discerning class of occupants and tenants. Registration of interest for the limited Serviced Residences for private ownership is now open.

Huh?

A new block will be previewing soon.

Nice!!

VIIA Residences now open for booking at RM10,000.

Was told last time towards Q3-Q4.

Agents have started to list rental below RM3 psf for the KL Eco City strata office suites. It has been some time and the occupancy is disappointing.

The rates are better at MVC.

Must take into account most considerations of tenants... which are not really dependent on MVC or MRT or shopping.

Mid Valley shoppers will unlikely walk over to KLEC. It will be KLEC tenants who want to come to Mid Valley for Food, shopping, appointments, doing errands, hangouts, etc.

Shoppers in Malaysia dont take LRT/MRT.

Mid Valley derives almost 90% of traffic crowd from Private Cars and the rest mostly on buses.

I use this LRT Line often and I dont use it for shopping or business purpose.

Transport pattern for KL will change... but it will take time, likewise our current LRT system took almost more than a decade to see a major jump in ridership.

Another thing even though ridership has increased, the demographics taking LRT/MRT hasn't change much. It's important to note also that KL's foreign population is abit different than other cities. The local high income earners** (>RM5k) are pretty much still on private cars, with many more private cars ownership causing more jams than ever. **Some exceptional cases do exist.

The recent newspapers did published several negative feedbacks on our current MRT1 which is suffering from a "very low" ridership, let's hope for better at Phase 2.

The same issue with KL Gateway where LRT is not contributing any shopping footfall, and when retail is subdued, the sentiment for offices and condo is subdued ontop of the current market situation.

Above all, right now is tenants/buyers market, so their demands, sometimes ridiculous, will dictate the market further.

This post has been edited by accetera: Jun 11 2017, 06:47 PM

i almost gotten when below 1000psf... at that time they just open office at the gardens