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....

hehehe//

WHY soho = ltv70% ONLY?

Why Business Suite = 90% loan?

They have 8 levels of carpark, I forgot to ask the SA but I guess it would be about 2k carpark based on my estimation. There might be an oversupply of studio but the other development are pricing their unit at RM850-RM1000 hence if you compare this to M suites, M City, Elements, SS already win hands down on pricing.

4. hood, hob, fridge, air con provided

4 years construction period

Not saying that it is a bad buy....but 4 years construction seems to me more like a con rather than a pro.....ideally is 2++ to 3 years.....

Pai always target studios...

pai, i am surprise even 400k you also buy.
you going for high end start now?

In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years.
In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand?

coz i am currently suffering pre-approval loan due to high commitment. all tied under-con. Cant justified further....

http://www.sunrisebulletin.com/sunrisebulletin/v.aspx?n=199

By this reasoning 10 year construction period (2021) would be even better.

Pai Kor, now still can find cheap & reasonable completed unit for rental?
mind sharing? 

Hi everyone, i went to cendana this morning, i saw construstion work at IGB land, therefore i check it out with worker on whats happening.

One of the worker told me, IGB have sold the land to Platinum, the initial show office for cendana will be the temporary office for platinum while waiting for their own show unit to be completed. The struture is ready, their sales office is 3 storey high. According to the worker, Platinum is planning to build hotel and residential apartment. Can any tai kor here to call platinum and verify this?

Dear All,

I called PV this morning, the staff told me that PV is planning to building service apartment on that piece of land. However, everything is not final yet, as they are waiting for the approval on the plan submitted.

Details (not finalised)
1. est selling price - rm1200/psf
2. fully furnish - i think the concept similar to The Crest.
3. smallest unit start from 700sqft.
4. PV hope the project can start this year.

By 2015, the place will be quite happening.

Planned selling price is 1200psf actually not 1000psf! Even if they revise it downwards in light of SS prices....its still a big gain for SS investors...

The fren is not you ka Pai? I thought you wanted more units? 

According to Pai, the second block might be managed by some Hotel Management Company such as Ascott, not sure if they would manage the whole block or sell partially as residential to investors.