for smaller unit, there are 2 facing and their pro and cons

(1) court / genting view
- pro - unobstructed view as court will not move for the time being. distance Genting shouldnt be that bad either.
- con - court view, anyone would not like them especially chinese?

(2) publika / montkiara view.
- pro - feeling of city view
- con -empty land in front with uncertain development type. any development will have undesired construction view.

Any suggestion and comment? i think price is either the same or not much different.

the SE view is their so called KLCC view, but this is only for bigger unit. i didn't realize it is also facing a big mosque there.

smaller unit only has court /genting or publika / mont kiara view.

wat i know is that the pricing for each floor up is not exceeding RM2k, which is decent. but i dont know how it came about to 850k. maybe that is pre-discount price for most expensive, and 590k is already a post discount price for cheapest.

i'm surprised that there are not much discussion about this project looking at the location, pricing which i think is affordable. is everyone quietly BBB or its just that its not a project worth considering?

For point 7, you are refering to DBKL?yeah, you are right, they cant afford one.
i think the prospective tenant will come from within KL Metroplis, because they have enough components of offices, though that will come at a later stage. and they didnt have too much residence within, which is a good thing.

Sentral, Bangsar, Bangsar South, and even Kota Damansara are all selling at 1k-1.2k psf. some of them is even leasehold. even Arte is selling at >1k plus, from un reputable developer (sorry guys, many people is complaining about these developer).

Publika is selling about slightly above 1k psf for similar size unit although it is freehold.

so for about 900psf, thats not too bad, looking at the location. and there are room for price to appreciate since this is the first phase.

i think Naza is not too bad of a developer looking at how they did for Platinum Park in KLCC.

overall i like the masterplan, and also the fact that this is the first phase.

that's my reason. thinking of pulling the trigger but yet to do so.

do you concur with my reasoning?

for your point 2, u mean no bank is financing Naza for this project, or there is no bank to finance the buyer for MET 1?

for point 3, i dont think convention center will be dead if there is no MRT. reason being is that it is targeting at different kind of people everytime. it is not like commute to work that same people have to do everyday and not having it will be a make or break deal. exhibition on the other hand is different as it target a specific group of reach for every exhibition. say like Oil and gas, automotive, food industries, etc. I think they dont mind to take taxi, uber, grabcar. even my staff earning less than 3 k took uber to work. so what's the problem?
having convention center may not increase rentability, but it does increase the profile of the area. it is not a tenant puller, but it is a crowd puller which will vibrate the whole area. just like residence with golf course nearby (not necessary view), it didnt attract the tenant, but it is a good profile.

maybe it is true, but for sure it is not every week that its fully booked. maybe some weeks in between that it is vacant, but they could be right that it was pre book 1-2 yrs ahead.

Pat Kor,
sub sale typically require high capital, unless you can find BMV (below market value) and capitalised on NMD (no money down), but still all processing fee is not cheap. that make new proj as an easy entrant.

commercial glut will affect those stand alone towers, like those in PJ. integrated development like this normally will do well, such as Sentral, bangsar South, Midvalley, and potentially EcoCity. of course we have others like BBCC, Bandar Malaysia (i dont know what is going on there), which i think will succeed in their own way.

Location wise is superb plus the overall concept is a mix development.

MITEC is something they can boast upon when there is nothing around yet. But the real success is the concept of the integrated development such as Bangsar South, Sentral and Midvalley. This is something they should promote. BTW, they are engaging Kiara Realty as sole agent, at least for the time being. Problem is there are not much hype about this project, which is a shame.

Publika 2 will be more expensive as it is already a household name in the area and they are riding on its popularity. Further, it will be freehold (if its the same as Publika).

not yet...

went to the private preview today.

the price is not as cheap as what you think. those 900psf are on the parking level. thereafter, there is a huge jump of 70k, which easily push the price to >1k+ psf.

anyway booked my unit.

This post has been edited by Lowtan: Nov 27 2016, 09:08 PM

smallest size, 677sf. about 800k before rebate. after rebate about 680k.

nothing is confirmed to be a gauranteed success. But looking at this area being matured, proven location with publika, solaris next to Metropolis, it wont go that bad. the only concern to me is whether Naza has the capacity to develop the entire plot. thats why they JV with Hap Seng and Triterra, which both a heavyweight. HP need no introduction, and Triterra is backed by one of the veteran and prominent man in property industries (what i heard la).

price wise it is higher than what i expected. yeah, they have a sub 900psf unit, but those are not a desirable one. real good units are those >1kpsf AFTER rebate. anyway in property, good unit is not cheap, and cheap unit is not good.

i look at it as entirety. the master plan, location and time of entry.
location - superb.
master plan - i dont think it can screw up especially with Naza. looking at their platinum park in KLCC i am quite impress.
time of entry - this is MET 1 with 8 more MET to go. enough said.

anyone else has booked the units?

size, floor, facing.

congrats...
mind telling why you choose Mont Kiara view?

i think more of construction when Publika 2 is up..any view will be blocked by P2.

i;m not sure if you look at the masterplan, but most of the MET at running by the side of the land, in exception to MATRADE, MITEC and MITI office. they have more greenery than say Sentral, Bangsar South, Eco City, and Midvalley City.

i was considering Arte MK before. but after reviewing some of their completed projects, and overly done design which is never proven to be materilised based on their previous track record, i backed off. also their marketing and how they jack up the price couple of times from a mid 400k to mid 500k. that's absurd.
also the flow of line through your window, is a big no no. i want my window to be cleared from any obstruction.

arte studio is a small 400sf. MET 1 is a bigger unit with 1+1.

i think the issue of non payment of commission maybe a unique case as it seems he/she is the only one complaining. and i saw Naza TTDI had try to clarified and contacted
she is an agent who is working for an agency. alot of thing could have gone wrong in between.