looking fwd to the launching, best location for residential yet

looking forward? they have launched. to book how many units?

This post has been edited by icemanfx: Oct 15 2020, 05:46 PM

3800 units. Many foreign buyers.

Exciting place upon VP



This post has been edited by Babizz: Oct 15 2020, 06:08 PM

The big question: Will there be enough Malaysians with enough disposable income to support TRX, BBCC and the rest in the pipeline, not to mention the existing collection of malls? Can KL become more enticing for foreigners to visit and invest in?

As a foreigner on Mm2h I can tell you it's become less appealing, especially withdrawing mm2h applications and becoming more nationalist in its identity, Singapore is looking far more appealing

Wow. 3800 owners and surrounding condos. And no one thinks it's over rated and over priced? Just so owners can brag that they own a unit in the prime area?

When developers sing their arse too high, RUN!

Everyday Razak Razak. I don't even feel good uttering this name.

This kind of property is to target rich foreigner from arab, china

With how our country is run, not many will buy our properties.
In fact the more they encourage foreigners to buy properties above 600k with ZERO regulation, rakyat suffers. And even they do, those were subpar expats, not real rich ones. MYR600k = 120k British Pound. Why did the government even allow above 600k? When they should be the one regulating and fixing the problem? Setting lower price for foreigners doesn't help rakyat who can't own a home. So where do we begin seeing the property market that FAVORS the developers and the foreigners? Rakyat di mana??

Haven't we seen this enough?

Is there a quota for foreigner to possess a property in each of KL's project? I thought I have read somewhere it should be less than 10% on each project/building?

no quota for Malaysia development for foreigners.

Darwinian capitalism. Rich gets better life. Poor continue to rent from rich.

Singapore is appealing due to better economy and city sustainability.

The Malaysian government were stupidly withdrawing the MM2H and it is to be decide later, they missed out plenty of investors in HK here and some really wanted to go KL and Penang for immigration. Malaysia is more mass market for HK like Bangkok, cheap and affordability. Can see Mainland Chinese reduced a lot since 2018 due to government uncertainty.

Investment in Singapore is for those close to or ultra rich. Good to see, but not many people willing to hold. These people also opt for UK and Melbourne.

The best way to sell is actually they confused themselves to confuse all foreigners.

TRX Residences was named by Lendlease in their plot with 3800 units under 6 blocks. Seriously, wonderful architecture and planning but the numbers incredible scary with such pricing. They even used themselves a 2 towers of service aparments in HK without telling the future phases.

That's not included Core Residence 700+ units by WCT + CCCG and total within TRX City is actually 4500 units. And even though Core is not related to Lendlease at all but named itself a TRX condo, TRX city condo and such. Core lay-out seems look much more feasible and staffs seems better than TRX.

There are few more small plots to be confirmed as no buyer taking the en-bloc office deal and hence likely to sold to other developer to sell as service apartment like Core.

one look at pavilion suites, some 718sf units are asking for rental below RM4k before nego n there are PLENTY of units up for rent.

Pavi suites has 383 units and this one 3800 units.

I believe whoever bought these super prime properties has the expectation that we might need to hold it without rental to supplement. At this price bucket and location, most of them will have strong holding power.

probably like trophy homes? but aren't generally projects in KL will have a higher percentage for foreigner than local malaysians? projects like 8 Conlay, Core Residences & BBCC etc also targeting foreigner mostly

Trophy homes is something like in knightbridge, nyc central park, burj khalifa, etc not back water kl.

Much much larger size n high profile project above with "strong holding power"

I did said "most"