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 TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT

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kbandito
post Oct 11 2019, 11:02 AM

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QUOTE(bigman @ Oct 6 2019, 10:36 PM)
Aunty icey start showing the place she doing business... At night.... Hmmm
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sorry but what’s so great about Majestic?
icemanfx
post Oct 11 2019, 11:19 AM

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QUOTE(kbandito @ Oct 11 2019, 11:02 AM)
sorry but what’s so great about Majestic?
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Pay a reasonable wages.
chrisw
post Oct 11 2019, 02:04 PM

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QUOTE(areas @ Oct 11 2019, 09:16 AM)
[attachmentid=10330962]

Is this real?
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Impossibru 🤣
Proxxymax
post Oct 22 2019, 11:53 PM

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If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL, locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
BEANCOUNTER
post Oct 23 2019, 10:01 AM

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QUOTE(Proxxymax @ Oct 22 2019, 11:53 PM)
If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL,  locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
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its not worth the value when compared to what are on offer from other developers currently.
I wouldnt even use the word 'expensive', as expensive means different meaning to different person. The right word are 'not worth it'.

Italian kitchen cabinets? seriously??? if defects, where are you going to find Italian craftmanship to repair it?

the rest of what you so called positive notes (mrt lah workforce lah and etc), only look good on papers. even if you bought at Imbi or Pudu with 20 to 30% cheaper (or more) you still not that far from the benefits of what TRX on offer.
chouka P
post Nov 19 2019, 10:41 AM

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QUOTE(Proxxymax @ Oct 22 2019, 11:53 PM)
If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL,  locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
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TRX residence is not allowing Airbnb.
Do you think it's going to affect its appreciation or rental yield?
icemanfx
post Nov 19 2019, 11:26 AM

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QUOTE(Proxxymax @ Oct 22 2019, 11:53 PM)
If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL,  locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
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if cheap price is the factor, why not buy in muadzam shah, teriang, kuala lipis, etc?

Babizz
post Nov 19 2019, 08:41 PM

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QUOTE(Babizz @ Sep 30 2019, 04:46 AM)
As long as gross is 1mn and above for foreigners at let's say 530sf and nett pricing 1800psf onwards, it's AT BEST OK pricing for foreigners.

Many foreigners are always attracted by cheap pricing of high end property in Malaysia but will be shocked when they see how poor high end rentals are in Malaysia.
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QUOTE(Babizz @ Sep 30 2019, 05:16 AM)
A quick search on iproperty will show how low yields are in many top KLCC n BB condos. This should be at best worst off than let's say banyan and the likes that's smacked right in the centre of town.

Trying to think why would anyone pay 2200psf here when one can easily buy banyan at 1800psf. https://www.brickz.my/transactions/resident...orderby=med_psf
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QUOTE(Proxxymax @ Oct 22 2019, 09:53 AM)
If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL,  locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
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Wow the usual KL is cheaper than elsewhere talk. Please show me rental prices of any of those cities relative to KL. I have already showed KLs prices up there. Also find subsale transacted levels to make ur point ya.

Freehold title in KL is not rare la. Only a marketing gimmick.

Johnsmith1175
post Nov 20 2019, 01:45 PM

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QUOTE(Proxxymax @ Oct 22 2019, 11:53 PM)
If you think TRX Residences at MYR2,200 psf is expensive, let's look at our ASEAN neighbors.

According to Asian Correspondent citing Knight Frank, Singapore prime housing for 2018 rose 9.1% to USD2,533 psf or MYR10,638; Jakarta USD393 or MYR1,651 psf; Bangkok USD1,008 or MYR4,236 psf; Manila USD511 or MYR2,147. This is only slightly above Manila, followed by Jakarta. I believed we can generally agree that in terms of infrastructure, education level, political and societal stability, Malaysia does ranked better than these 2 neighbors. The upside if we just compare to Bangkok, we are almost half of Bangkok, and one fifth of Singapore only! Is MYR2,200 really that expensive now? When you buy a property, don't you want future gain too? KL properties still have so much room to grow, and we haven't even compare to Ho Chih Minh yet!

Given the rare freehold title in KL,  locale of a financial center that can accommodate 22,000 financial workers (i.e. high rental opportunity), direct accessibility of 2 MRT interchanges (SBK & SSP lines, so far the only station where 2 different lines interchange), direct link to SMART Tunnel, 10 acres of open field which can turn into exhibition and concert arena, 3 departmental stores, cineplexes, KLCC and Selangor Golf Club views, short distance to shopping malls of KLCC and Pavilion, modern hospitals of Prince Court and Gleneagles, Jalan Ampang Embassy Row, international schools, Italian designed kitchen cabinets (and island for 2-room units) among others, is MYR2,200 really that expensive?
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But I think you did not put in the fact that malaysia population in South Asia consider very low. Thailand, Philippine, Vietnam and etc the population mostly double the size than Malaysia and the population density in city also much higher.

Johnsmith1175
post Nov 20 2019, 01:51 PM

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Bangkok bullet train soon to be operate around 2013. Malaysia seems way behind and still arguing. Now another type of hyper speed train already started to put in to run in China, the speed is almost double than the bullet train speed.... About 600km/h... very fast.
SUSscarypoolparty
post Nov 20 2019, 02:56 PM

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QUOTE(Johnsmith1175 @ Nov 20 2019, 01:51 PM)
Bangkok bullet train soon to be operate around 2013. Malaysia seems way behind and still arguing. Now another type of hyper speed train already started to put in to run in China, the speed is almost double than the bullet train speed.... About 600km/h... very fast.
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No need to compare yr rich next doors cousin.

Thailand where got money to build bullet train??

Pls attach article here for sharing. Tq
Proxxymax
post Nov 20 2019, 05:51 PM

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QUOTE(BEANCOUNTER @ Oct 23 2019, 10:01 AM)
its not worth the value when compared to what are on offer from other developers currently.
I wouldnt even use the word 'expensive', as expensive means different meaning to different person. The right word are 'not worth it'.

Italian kitchen cabinets? seriously??? if defects, where are you going to find Italian craftmanship to repair it?

the rest of what you so called positive notes (mrt lah workforce lah and etc), only look good on papers. even if you bought at Imbi or Pudu with 20 to 30% cheaper (or more) you still not that far from the benefits of what TRX on offer.
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Aiyah... Buy property concern about location, value, safety first mah... Cabinet repair?! If I can repair my Ferrari or Lamborghini (assuming I have lah) here in KL, I won't be concerned about the cabinet lah....

Pudu? Eh, this is financial district lah, not electronic street n China aunty food courts, how can u compare like that... U want Prudential Malaysia HQ address to put "Pudu"?!

Looks good on paper only? Prudential ady moved their HQ there; HSBC's block completing by estimated 2H20. Mulia 106 ady moving tenants in... These people are MNCs, u think they play play meh... No right?
Proxxymax
post Nov 20 2019, 05:53 PM

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QUOTE(chouka @ Nov 19 2019, 10:41 AM)
TRX residence is not allowing Airbnb.
Do you think it's going to affect its appreciation or rental yield?
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Even if affected will be very minimal, coz d target market is high-end investors n collector's that don't need such short term income, n d headache of dealing with frequent cleaning n low ratings.
Proxxymax
post Nov 20 2019, 06:07 PM

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QUOTE(Babizz @ Nov 19 2019, 08:41 PM)
Wow the usual KL is cheaper than elsewhere talk. Please show me rental prices of any of those cities relative to KL. I have already showed KLs prices up there. Also find subsale transacted levels to make ur point ya.

Freehold title in KL is not rare la. Only a marketing gimmick.
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Jz go Google for your request. My intention here is to show KL property price still have plenty of room for appreciation, so best leave d rental topic out if u don't mind.

FH as a marketing gimmick? I won't say stating d fact is a gimmick. Not stating leasehold is. Which freehold development doesn't state that? It's a plus point to sell, so why not use it?
jessicalee76 P
post Nov 20 2019, 08:07 PM

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heard that a lot of PRCs buying .rclxub.gif rclxub.gif rclxub.gif
another empty building in the making.
rental yield? I dont think so.
if you are expecting expats. how many expats are you expecting? only four buildings confirmed. HSBC-maybe, affin bank-local, prudential- possibly, Exchange- what is the occupancy rate again?
think twice people. rental yield expected to be 4% only.
icemanfx
post Nov 21 2019, 12:26 AM

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QUOTE(jessicalee76 @ Nov 20 2019, 08:07 PM)
heard that a lot of PRCs buying .rclxub.gif  rclxub.gif  rclxub.gif
another empty building in the making.
rental yield? I dont think so.
if you are expecting expats. how many expats are you expecting? only four buildings confirmed. HSBC-maybe, affin bank-local, prudential- possibly, Exchange- what is the occupancy rate again?
think twice people. rental yield expected to be 4% only.
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As if these prc could send money out from china without restriction.

bigman
post Nov 21 2019, 07:27 AM

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QUOTE(jessicalee76 @ Nov 20 2019, 08:07 PM)
heard that a lot of PRCs buying .rclxub.gif  rclxub.gif  rclxub.gif
another empty building in the making.
rental yield? I dont think so.
if you are expecting expats. how many expats are you expecting? only four buildings confirmed. HSBC-maybe, affin bank-local, prudential- possibly, Exchange- what is the occupancy rate again?
think twice people. rental yield expected to be 4% only.
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4% is consider good already... Now a lot projects even with 100% local buyers,,, but the rental also lousy... Bought 500k... Rental not even 2k per month...

Why you expect all the buildings 100% occupancy rate right after completed??? Dun be kidding la.... Last time KLCC Twin Towers required 10 years to achieved 98% occupancy rate

This post has been edited by bigman: Nov 21 2019, 07:30 AM
bigman
post Nov 21 2019, 07:33 AM

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QUOTE(jessicalee76 @ Nov 20 2019, 08:07 PM)
heard that a lot of PRCs buying .rclxub.gif  rclxub.gif  rclxub.gif
another empty building in the making.
rental yield? I dont think so.
if you are expecting expats. how many expats are you expecting? only four buildings confirmed. HSBC-maybe, affin bank-local, prudential- possibly, Exchange- what is the occupancy rate again?
think twice people. rental yield expected to be 4% only.
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You expecting Malaysians buying? Or Japaneses or westerns....?

This post has been edited by bigman: Nov 21 2019, 07:33 AM
ahrapture
post Nov 21 2019, 08:13 AM

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QUOTE(scarypoolparty @ Nov 20 2019, 02:56 PM)
No need to compare yr rich next doors cousin.

Thailand where got money to build bullet train??

Pls attach article here for sharing. Tq
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Go google la. Talk loud loud without researching, looks stupid on you.
urbanite
post Nov 21 2019, 09:33 AM

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QUOTE(scarypoolparty @ Nov 20 2019, 02:56 PM)
No need to compare yr rich next doors cousin.

Thailand where got money to build bullet train??

Pls attach article here for sharing. Tq
*
https://www.google.com/amp/s/www.cnn.com/tr...ains/index.html


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