Oil price down. O&G company scale down. Office glut at klcc area.
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 28 2015, 10:16 PM
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#1
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Oil price down. O&G company scale down. Office glut at klcc area.
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Jan 30 2015, 07:14 AM
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QUOTE(R o Y @ Jan 28 2015, 11:02 PM) 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. Supply more thn demand klcc area. Klcc better location. Can forsee intense competition for tenant. Good luck.And end of the day, Summer Suites is not targeted at Oil & Gas companies anyway. |
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Feb 7 2015, 12:07 PM
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Apr 10 2015, 12:33 PM
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#4
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QUOTE(kochin @ Apr 10 2015, 10:42 AM) you are absolutely right! Seem he cant differentiate the difference between pure SOHO and pure Office.it has co-exist long time ago and especially popular in dense urban areas such as new york. another classic pure SOHO example. http://www.propwall.my/klcc/binjai_8/1204?tab=property propwall's analysis sums binjai 8 pretty well. question remains, is SS a soho? apparently not. can it reside people? you obviously think it can. but heck i am just an observer. |
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Apr 10 2015, 12:34 PM
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Apr 10 2015, 12:56 PM
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Apr 19 2015, 12:34 PM
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#7
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QUOTE(Frankoi @ Apr 19 2015, 05:11 AM) Thanks Kochin Gor for highlighting the possible scenarios of buying into Small Offices Versatile/Flexible/X Offices to poorly informed new home buyers. Unfortunately at least 70% of these buyers will not be on LYN or reading this thread. If transacted at 1100, owner can be laughing to the bank. Developer price was ard 700psf. 36% profit, not bad. How is the occupancy? Any tenant move in? Btw, its still new, will take some time especially office, will take longer time. Some office units may take years to find tenant especially with office glut at klcc area now.So, owner need dig into their pocket to serve bank loan and maintenance before rent out.Shame on (I can't remember the name of) the forumer (s) who know and persists to distort the true picture with comparisons between girls and Pondans. I don't like his comments. Anyway, in my case, as in the case of this property ... everyone has made money if they are investors who bought off the plan. i think the fact that it is listing at about 1100 in the subsale market, then the fact that it is an office has been priced in. Anyway the market is not as resilient as before and people are more cautious with their money lately. I am going to read some of the other threads now. talk about starting slow. one step at a time, wish me luck on selling my SOVO ... muacks. [attachmentid=4417072] This post has been edited by wl_n: Apr 19 2015, 12:36 PM |
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Apr 27 2015, 08:50 PM
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Why cant one accept the fact tht an office is an office and for office usage. Full stop. If one to use office as resi, just do it quietly lor. And off course illegally la.
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Jul 9 2015, 09:53 AM
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