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TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT
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Cavatzu
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Jun 21 2022, 08:29 AM
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QUOTE(Thasmita @ May 4 2022, 02:13 PM) How will HSR change things? Making a day trip doable for Singaporeans and all the expats who live there is a big boon for KL. Currently it’s too much of a hassle. I’m privy to the Guangzhou/HK hsr bubble and it was a hoot. This post has been edited by Cavatzu: Jun 21 2022, 08:30 AM
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Cavatzu
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Aug 24 2022, 09:29 AM
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QUOTE(wotpian @ Jun 23 2022, 07:48 PM) The biggest selling point is most of the bank HQ and company HQ will base here in TRX. Already HSBC HQ at TRX. It moved from damansara height to TRX. Affin bank HQ, prudential HQ. Heard Bursa Malaysia wilI move here, if it's true will be good. more and more other HQ base here will make a boom here. Is it worth rm2k persqf? see how it perform when the area almost mature. Pavilion kl just short distance walk from trx, some units at pavilion kl there already above rm3k persqf in subsale market if not wrong. If many companies & banks HQ base at trx also can't sustain, I don't know what can do already. IMHO, overall potential at trx believe still better than 118 tower. TRX is pretty much purely for work. That’s not really fun. 118 will have the tourism factor and imo will be quite a bit more “fun”.
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Cavatzu
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Aug 24 2022, 11:38 AM
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QUOTE(hopeful forever @ Aug 24 2022, 11:17 AM) TRX will be having a shopping mall as big as Lalaport mall @ BBCC and the buying power of the executives in trx will be relatively high as generally the finance industry pays reasonably well. TRX is under the purview of MOF and chances of growing will be good as it is under govt initiative.. A shopping mall does not make an area fun. It’s purely in service to the commercial buildings. Maybe the other Asian expats would want to live here but you halve your rent expense moving a few km away to Maluri. To entice the young and monied Western expats, you need a Changkat type environment with all the local SPGs offering up their bodies on a platter.
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Cavatzu
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Aug 24 2022, 02:58 PM
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QUOTE(Najibaik @ Aug 24 2022, 02:55 PM) isn't 118 more on offices for government subsidiaries? only few floors for hotel and a 118 mall, which is same as the exchange mall trx still got rooftop park, 118 is more office feel then trx not mentioning trx got 2 tower for hotel, not only few floors in pnb118 as hotel i personally really think trx got more elements than 118 tho You have the entire Chinatown to play with which is decidedly not halal at all. The development itself yea impressive but sterile like KLCC. The problem with these new mega towers is that they will very likely be halalesque in all terms so a bit too sanitary. You need a bit of sleaze to give a city some character. This post has been edited by Cavatzu: Aug 24 2022, 03:04 PM
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Cavatzu
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Aug 24 2022, 03:22 PM
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QUOTE(Najibaik @ Aug 24 2022, 03:07 PM) this 2 mega tower i can say is just waste of money hahaha occupancy rate sure damn low since so near to each other Well I think they have their intended purpose. That entire stretch of Cheras near TRX is now 1k psf. Downtown KL needed to be rejuvenated which revitalises that Pudu stretch. Created a lot of jobs and opportunities to squirrel money away. However, these 2 things + BBCC all being completed around the same time is perhaps overkill and it would take a while to fill them up.
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Cavatzu
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Aug 24 2022, 08:14 PM
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QUOTE(icemanfx @ Aug 24 2022, 08:02 PM) Have price and no transaction is syok sendiri price. What do u mean? The entire Maluri is hinging on TRX and they’re selling well. Imagine how much of this land DBKL has sold at these development prices in what was once no man’s land.
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Cavatzu
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Aug 24 2022, 11:34 PM
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QUOTE(icemanfx @ Aug 24 2022, 08:55 PM) We’re comparing sold prices while we were still deep in COVID? Regardless, land was sold to developers at these types of projected prices. So Maluri prices as a whole have lifted. Personally, I would not pay 1k psf for Cheras property but it’s PJ bias. This post has been edited by Cavatzu: Aug 25 2022, 07:16 AM
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Cavatzu
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Aug 25 2022, 09:37 AM
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QUOTE(hopeful forever @ Aug 25 2022, 09:08 AM) Typical prices for cheras property is less than rm1kpsf apart fr FH SV1 small unit that were launched at rm1200 psf in 2012. I was just rounding up. Most of the buildings like Continew, Cochrane and Una were touching 1k at launch no? Even now they are in the 900+ range.
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Cavatzu
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Aug 29 2022, 09:17 PM
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QUOTE(wotpian @ Aug 29 2022, 09:10 PM) For you always like oversea moon better than local moon.🥴 Can't said local here is top notch compared to other, but also not that worse, many expats still like to stay around, like really high pay Huawei China staffs that I knew. If really that bad, I don't think many global companies will come here too. Our mrt station definitely better than NYC and London 😉 Let's wait for the facts and data in future to show if you're right 😉 In the overseas city centres particularly Western ones, the premium to live in a city is huge but the connectivity ain’t great so very tangible time benefits to being close to work. KL considered quite blessed with the relatively new transport system but most people choose to drive anyway.
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Cavatzu
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Aug 30 2022, 11:33 AM
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QUOTE(Babizz @ Aug 30 2022, 11:09 AM) Only hope for rental is Hua***. Other companies there the expats won't pay so much for rent n very few expat. Anyway if want to ride on trx better buy velocity. Less than 1/3 the price but only 1 station away. Can see this TRX residence performance upon vp. For now the tower occupancy is still less than 15%. Even with H doubt can even reach 45%. Can say that KL rents are a drop in the ocean compared to Shenzhen rents. It actually makes more sense to house more of them here if ASEAN is to be a focal point for their strategy going forward. The stuff around TRX isn’t that China friendly. Reckon more of them would go to the Velocity area. This post has been edited by Cavatzu: Aug 30 2022, 11:35 AM
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