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Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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R o Y
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Jan 7 2015, 09:51 PM
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QUOTE(lionelmessi88 @ Dec 26 2014, 03:13 PM) Good news indeed! Roy, looking at your email address, are you property agent? What's the prospective rental rate or selling price for this? Hoping to get >1200psf for my unit :-) But if sell after April and above RM500k, will be subject to GST
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R o Y
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Jan 8 2015, 10:25 AM
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QUOTE(JamesPond @ Jan 8 2015, 08:56 AM) Can cendana fetch 1200 psf? Cendana price much much lower. All are large units and its rent and sale badly affected by the 3 construction sites. Totally different product compared to the others coming up now though.
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Jan 28 2015, 07:32 PM
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QUOTE(winston19 @ Jan 28 2015, 06:12 PM) Thanks for the pic... Now what are we gonna do w our property I also wondering... Sell now with 20% RPGT, or rent out first and wait till 0% RPGT?
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Jan 28 2015, 11:02 PM
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QUOTE(wl_n @ Jan 28 2015, 10:16 PM) Oil price down. O&G company scale down. Office glut at klcc area. There is alot of office space available for rent in KL City area. However all the recently completed new grade-A offices have not had any issue at all to get tenants. The oversupply only exist in the older office buildings which have not done any upgrading and therefore have problems attracting tenants. And end of the day, Summer Suites is not targeted at Oil & Gas companies anyway.
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Jan 31 2015, 03:17 AM
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QUOTE(kanghui819 @ Jan 31 2015, 01:08 AM) any more units available ? anyone can advise ? Call UEM-Sunrise to find out lor....
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Feb 3 2015, 11:04 PM
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QUOTE(KLcc888 @ Feb 3 2015, 10:11 PM) summer suite/VOS targeted to attract some of the old office building tenant such as megan avenue . the small size provide tenant affordable rental and premium address at KL for biz. tenant will look for new building with new design to attract crowds . nowaday customer quite selective toward new things . just like new mall always attract crowd visit_. again hopefully uem sunrise attract good tenant for the retail lot at ground to ensure thesuccess of this project . Actually I believe most owners will rent it out as residential... shall wait wait see see
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R o Y
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Feb 6 2015, 07:20 PM
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Hilton coming up just 400m down the road, hopefully as the anchor of a mixed development with office and retail components. Waiting for something to happen soon to the abandoned Duta-Hyatt as well. QUOTE Dr Yu’s YNH to build a Hilton hotel
By Foo Yen Ne of The Edge Financial Daily Friday, 06 February 2015 12:38
KUALA LUMPUR: YNH Property Bhd, which is 32.15% controlled by its chairman and executive director Datuk Dr Yu Kuan Chon, is roping in US hotel chain Hilton to manage a proposed five-star hotel at its Menara YNH development in Jalan Sultan Ismail here.
In a filing with Bursa Malaysia yesterday, the Perak-based property developer said it had on Wednesday signed a memorandum of understanding (MoU) with Hilton Worldwide Manage Ltd for the latter to manage its Hilton Kuala Lumpur City Centre & Residences.
“Any new developments arising from the above MoU will be announced from time to time,” YNH (fundamental: 0.6; valuation: 1.6) said.
Yesterday’s announcement could mark that YNH is finally set to work on its long-delayed RM3.4 billion mixed development here. It was reported that the proposed project, which will comprise a hotel, offices and retail outlets, was initially supposed to be an iconic office tower development known as Menara YNH. http://www.theedgeproperty.com/news-a-views/13201.htmlThis post has been edited by R o Y: Feb 6 2015, 07:25 PM
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Feb 7 2015, 02:11 PM
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QUOTE(gks @ Feb 7 2015, 02:08 PM) It is an office suite... But not clear whether usage will be tilted toward office or residential usage or both.... Let market forces decide...
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Feb 18 2015, 12:39 AM
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QUOTE(Robert L @ Feb 17 2015, 07:33 PM) Hi.... Got the letter today... Will delay til July 2015 Me too, but they say they will pay LAD =)
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Mar 7 2015, 04:22 PM
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Apr 1 2015, 10:06 PM
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QUOTE(Robert L @ Apr 1 2015, 09:00 PM) Sien Lo.... Chrest also haven gao dim... So fast delivery for what... I'm hoping delay le Aik...? I thought was gonna delay till July. Was looking forward to collecting LAD
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Apr 2 2015, 12:06 PM
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Received my letter yesterday as well. Have to pay RM3k+
Seems like services charge is RM0.55psf
This post has been edited by R o Y: Apr 2 2015, 12:39 PM
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Apr 2 2015, 06:02 PM
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QUOTE(KLcc888 @ Apr 2 2015, 05:57 PM) can go into the lobby now ? Probably too early for the retail to start operating but can already go into the lobby area now.
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Apr 2 2015, 08:51 PM
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QUOTE(JamesPond @ Apr 2 2015, 07:36 PM) Have to pay them some deposits first, then also wait for my bank to release the final payment, then only they call to collect key. Any owners here have made appointment to collect key?
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Apr 3 2015, 01:40 AM
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QUOTE(ethan99 @ Apr 2 2015, 11:23 PM) I thought only RM0.44 Psf? That's based on the advance payment that they charged.
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Apr 9 2015, 12:50 AM
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Block B completed as well?
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Apr 10 2015, 10:11 PM
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Some owner's bank have disbursed money to developer already, can start to collect key next week =)
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Apr 12 2015, 09:27 PM
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QUOTE(kochin @ Apr 12 2015, 06:57 PM) Anybody for my friend's unit? Going once.....going twice..... Your friends wants to sell?
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Apr 13 2015, 10:07 AM
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QUOTE(kochin @ Apr 12 2015, 09:30 PM) Yes. Jump building price. Lol. Can PM me the details and price?
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