yes, the taiko has spoken..
very clear cut now
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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Jan 13 2011, 12:01 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley |
yes, the taiko has spoken..
very clear cut now |
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Jan 13 2011, 12:14 AM
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Senior Member
1,346 posts Joined: Jul 2009 |
So got BBB fever still??
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Jan 13 2011, 01:17 AM
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Senior Member
6,747 posts Joined: Sep 2010 |
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Jan 13 2011, 01:43 AM
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All Stars
10,777 posts Joined: Sep 2009 |
maintains Buy call on this one (provided it is residential friendly) since it is one of the cheapest thing given its location at KL CBD now....
Around its vicinity will be lotsa future projects such as: - Sunway Tower 2 - The revival of former Duta Hyatt (still on hold) - The revival of VISION CITY + FOREST IN THE MALL - W Hotel & Residences KL - An iconic development next to the proposed W Hotel - An integrated development at Lai Meng School - The Ritz Corporate & Residences (still on hold) .... and many many more... Bear in mind, there'll many more SIMILAR PRODUCT in the vicinity: from http://www.patchay.com/p/kuala-lumpur-urba...velopments.html (To be updated soon) ![]() This post has been edited by accetera: Jan 13 2011, 01:48 AM |
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Jan 13 2011, 02:14 AM
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Junior Member
265 posts Joined: Sep 2007 |
".. many more SIMILAR PRODUCT .." This should calm down those who worry not being able to buy a unit of 'something' in this area
The buildings in yr pic look so cartoonish, cute ler. What developments are those ? I think any location in kl will make ANY developer a success story, & therefore their purchasers will reap their rewards too. Its just a matter of scaling the price to match the anticipated returns, and the percentage returns should be quite constant between areas within kl unless a project is located somewher in the backwaters of pudu or backstreets of chowkit. |
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Jan 13 2011, 02:25 AM
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Junior Member
30 posts Joined: Jan 2011 |
There is no different between business suite and soho based on wat I know.
Pls correct me if I m wrong. Thanks.. |
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Jan 13 2011, 09:17 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley |
quite confirm is SO without the HO
good luck for those BBBers, may you secure a good office units |
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Jan 13 2011, 09:58 AM
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Senior Member
4,526 posts Joined: Mar 2006 |
if rental income for office is good, i dont mind...
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Jan 13 2011, 10:11 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor |
sigh... SO will not make it for this area
anyone have confirmation that it's SO but for SOHO? besides the term 'Business Suite' on their website? |
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Jan 13 2011, 10:14 AM
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Senior Member
820 posts Joined: Jan 2003 |
I just confirmed with the sales agent, it IS business suite and not SOHO....
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Jan 13 2011, 10:27 AM
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Junior Member
462 posts Joined: Oct 2004 |
Either SO or SOHO
by looking at the location and the Sunrise brand I think it will still all kena sapu GAO GAO within a day. Just like Empire city ... |
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Jan 13 2011, 10:44 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley |
do you know what is business suite? Yes, No?
u still want to sapu? if dunno what you buying, still buy? |
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Jan 13 2011, 11:26 AM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia |
dunno why people is so pessimistic about it being office.
anybody know what is the rental rates for offices in JSI? let's say i charge half the rental rates, that will still be a super duper return. of course, main point is securing a tenant that acknowledge only approx 500 sq ft of office space. |
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Jan 13 2011, 11:52 AM
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Senior Member
6,354 posts Joined: Jan 2003 |
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Jan 13 2011, 12:00 PM
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Junior Member
64 posts Joined: Jan 2003 |
QUOTE(kochin @ Jan 13 2011, 11:26 AM) dunno why people is so pessimistic about it being office. And you are being a bit over-optimistic about it. There was such a big hoo haa over Warisan Merdeka due to the office space oversupply in KL. And this development is not exactly helping that situation. anybody know what is the rental rates for offices in JSI? let's say i charge half the rental rates, that will still be a super duper return. of course, main point is securing a tenant that acknowledge only approx 500 sq ft of office space. Pls see: http://www.regroup.com.my/presentations/BN...arket_in_KV.pdf |
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Jan 13 2011, 12:01 PM
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Junior Member
462 posts Joined: Oct 2004 |
you know what?
a lot of those typical uncle/aunty will just BBB 1st then think later, no jokes this is really what i observe from my experience ... some dont even care what is SO what is SOHO... XD |
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Jan 13 2011, 12:13 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia |
psssttt....
do a search on iproperty. office for rent at jalan sultan ismail. specify area less than say 600 sq ft. you should be plesantly surprised with the results. i think i should be happy with just 5% yield and hope for capital app. but of course, that's just my 2 rupiah. |
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Jan 13 2011, 12:14 PM
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Junior Member
104 posts Joined: Dec 2004 |
i guess its not the cost factor now...if just going by the cost of the place...its worth it. but we are now facing a glut of office space in kl...so whether this is worth it...have to think about it really hard
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Jan 13 2011, 12:27 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia |
QUOTE(giggsy @ Jan 13 2011, 12:14 PM) i guess its not the cost factor now...if just going by the cost of the place...its worth it. but we are now facing a glut of office space in kl...so whether this is worth it...have to think about it really hard if you are a rental, where and who would you like to rent from?by maintaining same amount of rental payable, say rm5psf for office, it's natural that business would move to more establish or new places. that is why 'old' office development is 'dying' and in need of major refurbishment or redevelopment. new offices should generally do well for the 1st few years. on a side note, i fully agree there's office glut. but then again, golden triangle address from prime developer at this kinda price does make commercial sense for new offices being set-up right? the fearful parties should be those holding nearby mini offices like sunway tower, etc. fyi, binjai 8 by UOA starts from 761 sf @ RM880,800 crest JSI (just next to this development) starts from 610 sf without car park i rest my case and shall not divulge more of my detailed studies. and of course, it's just my 2 rupiah's worth. |
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Jan 13 2011, 12:50 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia |
If still want studios I can recommend at petaling jaya. Jaya that side. But I think many register already pre register there interest there as well
Will launch soon. |
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