Agree with you though.

I think most subsale buyers buying the location and affordability. Else, but first at this price tag and wait for the accessibility in next 2 years.

My prediction wrong again as I only predict it can be reach RM 500 psf only after VP or 6 mths after VP. But now before VP is even higher.

Congratz all owners

1050sf for 550k seems like decent buy for LRT access & potential direct road to BJ.

Agree boss.

Although this is LH, the transacted prices now are already on par with The Zest's renovated unit subsale price.

Seems most subsale buyers willing to sacrifice for almost 2 years and wait the LRT access and road link to Jalan 1/155B to be open by early 2016.

Finally KR1 VP .. congrats to KR1 owners !!!

VP today? So when can owners move in?

Also, any idea about actual transacted subsales? Floor, unit size, etc?

purchaser will receive VP letter from this week. congrats!

Sadly, the quality of the external paintwork is poor. Even before VP this was already the case. Has the developer done anything about this? Really a sad case to have a new condo with this quality paintwork.

Congratz to all kR1 owners!

Huat ahhhh

1050 sq ft : RM 560-580k
1250 sq ft : RM 620-640k
1454 sq ft : RM 720-740k

All above were transacted price before VP!

I expected Type A 1050 sq ft would reach RM 620k in few months time. Its too high for me but not for own stayers.
Type C should be stagnant bcz RM 740k took 1 month to clear and not many units are selling.

Any idea about bank valuations for these units?

Bank valuation no issue.

Value from my friend, a conservative value is RM 500 psf. I reckon other valuers can give higher.

My frens all diam diam sold at RM 560-580k in less than 4-5 days, were told value no issue at RM 550 psf recently. Geng.

Im a bit worried about the bigger units though since i bought 2 big units at KR2 (1457sf & 1490sf) at 435psf.

Hmm, I think not a big issue anymore if KR1 can perform like this. Bcz KR2 is nicer and more facilities, thus if KR1 can sold RM 500 psf, I reckon KR2 should worth 5-7% more.

Moreover, KR2 still have 1 1/2 year to get completion. The buffer is there bro plus the LRT road is opened during KR2 VP, it helps a lot.

I only worry the demand much rather than the heavy profit.

When was the 1454 sf unit transacted? What floor? Mid? High?

Any idea about rental rates?

Hmm, for 1454 sq feet, it was last month. I didn't ask which floor, bcz for KR1, max also 11-12 storey, thus this is only differentiate by RM 10k only.

If 30 storey like KR2, I think max also around RM 20k more premium.

Rental rate I not sure eh, bcz VP letter just out and all of them yet to renovate.

Any idea what happened to that condo name issue which came up before? Is it still KR1 now?

Actually it's already confirmed some time ago and now, the dev stated into black & white into the VP letter...

Residensi Kiara Jalil 1 ( Kiara Residence 1 )

Kiara Residence 2 would be residensi Kiara Jalil 2?

Yes boss ....

i'm very happy to know this.
what's the freehold over leasehold premium advantage again?
20%? 30%?