The project is on going.. And targeted to complete by this year. In fact it's 90% completed. The current owner offer to buy cash is because it's previously abondone project and hence it has been blacklisted. However since the project is almost completed; therefore some bank allow to take loan de.

Between, this project consist of few design, and is calling for RM650 p/sqft.. the current contractor doing this job is m-construction.. Office also in ss15..

The project is on going.. And targeted to complete by this year. In fact it's 90% completed. The current owner offer to buy cash is because it's previously abondone project and hence it has been blacklisted. However since the project is almost completed; therefore some bank allow to take loan de.

Between, this project consist of few design, and is calling for RM650 p/sqft.. the current contractor doing this job is m-construction.. Office also in ss15..

+1

Quite agree with you.

If I owned the land, I would JV with bigger developer to build studio and smaller built up 3 rooms apartment ( enhance chances for rental since does not matter much for cater of students ) or like you said, car park. At least bigger developer, or medium developer would not end up like this.

But if to build car park, i estimated it at 4-5 storey ... I am not to set a low target of only 100 cars per day bro. LOL!~

This area is packed with students and 9-6pm executives and workers. This is the best car park with rooftop for all these classes, and SS15 really lacks of car parks.

For me I sure do higher prices. RM 2 / first 3 hours ( or higher ) and subsequent hour RM 0.60. I can say during weekdays, morning time, guarantee at least 200-500 cars. Night time, see the feller driving like hell just to go AsiaCafe and FTZ or McD's and it's row of FNB or so called Bubble Tea street. That's potential.

I think can generate RM 1k minimum per day.

Even the public car park, which I always find like hell, require RM 0.50 per hour or RM 4 full day.

LOL!~

Hmm. I visit Subang SS15 almost every night. In fact, it does not consider 90% completion.

For abandoned takeover projects, banks do consider a lot of issues before providing End Financing.

Anyhow, RM 650 / psf for this project is ridiculous high. This is based on what size pricing? Assume of 1000 sq ft unit, its impossible to offer such pricing close to The Isola, from RM 690 psf  a high end
condo by Sime Darby and this is revived project with older masterplan and its infra.

Yeah right. Anyway, I was just counting on min average and with the most basic carpark facilities. Just put normal cement and build 2 booth and hire 2 worker to jaga the booth.
If Multi level cp, even better of course. But starting cost would be quite high.
This one directly beside college ma...

I am interested getting two bedder unit. If anyone would like to let go please PM me.

Any guys have latest update info about this MR?

400 sf 1 bedroom apartment asking for RM 410k, seems too high given the project was quite messy. Its look completed being 2-3 months, probably waiting CCC or VP?

I am one of the buyer. Just to find out any other buyer out there going to claim LD compensation from developer. tq

any unit willing to let go now? tq

Units available @ $600psf on kua338.comurgent sale.

Any seller or owner willing to share the price and return for this rajawali?