the next door fraser residences started operation already.
pity the residence/ guest that need to pass the construction site.

the crest towers seems to completed. luckily it was not abandoned.

After all these construction in this area since 2007, hopefully Cendana will have a good night sleep. still have to bear with platinum suites though...

Ji Lat
Jia Lat


This post has been edited by gks: Dec 19 2014, 11:09 AM

The concept is vague.
Developer insists it is office usage
Buyers think it is dual usage
Sei mei...

Pricing wise circa RM850psf i think fair given that
1. Absolute price is affordable given the size
2. CBD location
3. Close proximity with hotel, malls, LRT, Monorail
4. Reputable developer
5. Freebies ie AC, Heater and Fuly fitted Pantry and Tiles Flooring

Most office suites just give you roti kosong not even tiles on floor. Even Binjai8 and SOHO Suites with SOHO concept is roti kosong and selling much more expensive.

This post has been edited by gks: Dec 19 2014, 11:35 AM

Agree with your point. How much a unit in binjai8 and soho suites asking now? Vs leftovers of summer suites/vos?

as rule, 100sqft can fit in 1 worker
therefore 500sqft should able to fit 4 workers.

Most of the time, office doesn't come with carpark. Just a right to rent.

On unrelated matter, Fraser Residence is opening on 1qtr next year. The opening rate is RM288/night.

Cendana subsale cannot fetch 1200psf. However Cendana the minimum size is 2000sqft compared to Summer Suites 475sqft.

Furthermore Cendana subsale/rental for the past 6 years was greatly affected by the construction from Crest, Platinum Face, Fraser Residence and Summer Suites.

It will cost buyer RM1.4m for 2000sqft@RM700psf in Cendana
Where else even at RM1200psf, a 500sqft in Summer Suites cost RM600K, 2/5 of Cendana's price. And you get a brand new building compared to Cendana a 6 yo building.. There are many cases in KLCC where big psf discepancy between small and big size unit even within the same development due to affordability issue.

Anyway, both are not a direct comparison. Both are serving different market and profile.

This post has been edited by gks: Jan 8 2015, 10:58 AM

If just between SS and Cendana and this 6% gst has huge impact on the buying decision making rather than 2/5 of the price, then by all means buy Cendana....

Wait and see what sunrise staffs do with their units...

First of all i think summer suites not positioned to be corporate office. Most like for sme, support and service industry.

The access can be just one way however judging from binjai8 it seems none complain about the access. For end users, the close proximity to lrt and monorail can be huge bonus for those not intend to drive.

Developer give free aircon, kitchen cab c/w hood, hob and fridge... And ensuite bathroom...

In the same time they tell you the unit is strictly for opis usage... Which one u trust? Their words or action?

Any written confirmation from the PIC?

This is OPIS suite....

It is an office suite... But not clear whether usage will be tilted toward office or residential usage or both....

You may enjoy the lad@8% pa however after 1.April you may need to pay 6% gst on balance of progress billings. Not sure sunrise did include the clause in the SPA or not.

For 6% yield@rm1600psf, a 500sqft need to be let out at rm4k pm. This rental is fetch by 1 bedder in Vipod, Marc and panorama.

After 4 years since the launch the forumners are still debating whether it is office or resicl usage. IMO it is all academic debate anyway as VP is around the corner and most units are sold. While forumners are still debating, some Shrew investors already sapuing units.

As mybenz put it, different perspective for different people. Some see it as risk some see it as opportunity.

Any clauses provided in the SPA that buyer need to shoulder any taxes... gst etc.

If no, then it is open argument who has to bear the gst cost.

There are some other developments in KL marketed as residential however with office title. Check some projects along Jalan Ampang.