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

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Proxxymax
post Sep 7 2019, 04:59 PM

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QUOTE(malaysiathegreat @ Aug 3 2019, 01:14 PM)
Anybody has been to their sales gallery nearby TREC yet ? Mind to share some info abt the residential tower pls. Thanks.
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I have. I'm one of d agent privileged to bring my clients there. The moment they saw d show units, d wife kept saying "so beautiful" X infinite times. End up booking more than 1 unit.

Strict command from developer: No info can be shared publicly, only can show in personal presentation.
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?
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?

 

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