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

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icemanfx
post Jan 10 2019, 10:02 AM

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QUOTE(12Digit @ Jan 10 2019, 09:57 AM)
the first residential project on TRX , gonna to bbb project
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Why gonna BBB and not slow selling?
icemanfx
post Jan 10 2019, 04:49 PM

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QUOTE(nexona88 @ Jan 10 2019, 03:23 PM)
1,800 to 2000 PSF means not for locals buy.. Thats for sure..... But foreigners especially Chinese want to buy??
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QUOTE(gks @ Jan 10 2019, 03:33 PM)
The bigger picture JV with Chinese contractor they will sell the project to Chinese buyers, not local buyers.

For example Face II. The show unit and brochure is in Chinese and catered for Chinese Market.
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QUOTE(BEANCOUNTER @ Jan 10 2019, 04:03 PM)
don't lah underestimate the local purchasing power.

there are still plenty of well to do local buyers for this price range....

of course for HKG and cina buyers, its wet wet water.....just a matter of if they wanna buy at 3rd world country nia.
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The facts remain most if not all Chinese investors are losing on their purchase in kv from dropped in my/cny exchange rate and stagnant value; overseas property investment is still on Chinese black list; those who could afford have better choice elsewhere e.g Canada, u.k, Australia, new Zealand, Dubai, Thailand, etc.

If there are more foreign buyers mean there will be more supply in subsale market.

QUOTE(BEANCOUNTER @ Jan 10 2019, 04:21 PM)
there are still 3% population managed to buy at this price.
3% of 30mil population is still a lot, excluding those Malaysians work overseas or cari makan overseas.
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It will be stretched for those with us$100k net worth to buy rm1000+ psf property.

This post has been edited by icemanfx: Jan 10 2019, 07:29 PM
icemanfx
post Jan 11 2019, 01:39 PM

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QUOTE(teehk_tee @ Jan 10 2019, 05:21 PM)
i have few units around TRX
if they can bump the pricing to 2k psf

fuhh.. i'll be very happy some spillover to mine.
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If developer near trx could price at 2k psf, what about those near pnb 118? 3 or 4k psf?

Units near klcc showed, developer could price at their whim and fancy, doesn't mean it could be sustainable.

It seems many still take developer inflated price as benchmark. For reasons, many were trapped in property bull run.

This post has been edited by icemanfx: Jan 11 2019, 01:57 PM
icemanfx
post Jan 11 2019, 02:00 PM

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QUOTE(Sand Dust @ Jan 11 2019, 01:59 PM)
PNB 118 better?
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Trx better than klcc and pnb 118?
icemanfx
post Jan 11 2019, 04:28 PM

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QUOTE(BEANCOUNTER @ Jan 11 2019, 02:37 PM)
mind sharing how many buildings in and around KLCC are not sustainable?????? please name buildings and not just a general statement.

b4 Klcc being built, how much psf was prices around kuda lari????

and after Klcc is built, how much psf now???????

I don't see any greater good in pnb118 bcos of surrounding area and access and exit of this area still a challenge.

nevertheless, human are drawn to iconic buildings all over the world. lets just see in 2025 and how tis pnb fares

at this moment the next tallest building should be TRX.
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Perhaps you like to back track those launched in about 2004 and see them through 2012. During that time, it was claimed many were bought by Arabs.

This post has been edited by icemanfx: Jan 11 2019, 05:53 PM
icemanfx
post Jan 11 2019, 05:56 PM

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QUOTE(BEANCOUNTER @ Jan 11 2019, 05:26 PM)
pls dun divert the question.

just give me name of buildings near to Klcc that you claimed not sustainable.....

not those 1km away that claimed to be Klcc properties ok....those close enuf to Klcc.....
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Records are available for your research and study.

icemanfx
post Jan 11 2019, 09:24 PM

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QUOTE(BEANCOUNTER @ Jan 11 2019, 07:49 PM)
Meaning you dun know anything specifically....
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Data is like gold; those know what and where to look could find.
icemanfx
post Jan 12 2019, 12:06 AM

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https://www.land.plus/klcc/binjai-residency
https://www.land.plus/klcc/the-binjai-on-the-park
https://www.land.plus/klcc/stonor-park
https://www.land.plus/klcc/park-seven
https://www.land.plus/klcc/the-oval
https://www.land.plus/klcc/the-binjai-on-the-park

Those who has friend bought the above could testify the price movement 2006 to 2010.

This post has been edited by icemanfx: Jan 12 2019, 12:19 AM
icemanfx
post Jan 12 2019, 01:41 PM

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QUOTE(BEANCOUNTER @ Jan 12 2019, 01:34 PM)
I didn't check all but your 1st entry.....Binjai residency.

launched 520psf, now market price at 9xxpsf......so what is wrong with this??????????

did the owner need to lelong the unit to pay off the apartment bcos the current price cant match the loan value??????

how not sustainable is this Binjai residency in the greater content of Klcc property?

no need to ask friends lah......perhaps you can ask me......i am still standing.....my klcc property has been rented out for rm4/psf since 6 years ago. vacant period less than 2 months when changed over of tenants.

granted, klcc property is not the bestest performance of the entire KV....but its performance is nothing to be ashamed off. None of my friends that bought klcc properties need not to press the panic bottom yet, compared to those bought far away location, such as dengkil/bangi, cyber condos, semenyih and canal cities. puncak alam's parkhilll already number 1 most lelong for landed in 2018.
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You bought 6 years ago (i.e 2012) and I was talking about those in 2004 to 2010 period.

Klcc is supposed to be the prime of kv and price appreciated lower than many implying many other areas are overpriced.

This post has been edited by icemanfx: Jan 12 2019, 01:45 PM
icemanfx
post Jan 12 2019, 03:23 PM

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QUOTE(BEANCOUNTER @ Jan 12 2019, 02:10 PM)
no. i bought in 2009 their soft soft launch......

why 2004 to 2010? what so significant abt this period? in which assertion that you ever mentioned 2004 to 2020 in yr previous statement?

KLcc completed in 1998 or earlier no????????

KLCC is still the price leader lah anty.......just look at Binjai at the park, 4seasons, conley and oxley and etc.......on average newer launches still above 1800osf.....1500psf is the next category down.

the next area will be BB already......with pavillion leading the way......

next is Kl sentral.....

individual price appreciation is unique on its own, and you just cant use one building super price appreciation to represent the entire area.
my conclusion is, unless other areas managed to break the highest psf price other than KLcc, then i would say KLCC has loosing its shine jor.....but so far does it happen yet?
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Kv property bull run 2011-2014 distorted property market, price deviated from historical long term price trend.

Given how property is priced by developer, very often is highly speculative and unsustainable.

This post has been edited by icemanfx: Jan 12 2019, 03:27 PM
icemanfx
post Jul 18 2019, 07:44 PM

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QUOTE(WL9009 @ Jul 18 2019, 03:55 PM)
from 1800 je la.
dont listen to bukan2 agency. as i know only 3 exclusive agencies promote this project.
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If 3 is exclusive, wonder how many is non exclusive?
icemanfx
post Jul 21 2019, 05:57 PM

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QUOTE(DesRed @ Jul 21 2019, 05:51 PM)
More like to milk 'em for info. tongue.gif

I get very irritated when people, who are obviously SAs, come here and give vague post(s) about a project, but never revealing the full details (name, location, type of project, etc.).
If you look at waze, it's around 3km plus to reach TRX by car, and 1 stop from the CSL LRT/MRT interchange to the TRX MRT/MRT2 interchange station, if you don't include walking 800m from Trion all the way to the former interchange in the first place. It's near, but definitely not nearby.

I was under the assumption nearby meant less than or within 1 km from TRX, but the closest project to TRX at the top of my head I'm aware of selling at around RM 6xx/sf is Platinum Mira I mentioned previously. Price/sf still a rumour until more details are available.
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During last property bull run, 5km away from klcc was promoted as near to klcc.
icemanfx
post Jul 21 2019, 06:16 PM

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Trx bring the curse of skyscraper to kv property market.
icemanfx
post Jul 31 2019, 07:52 PM

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QUOTE(DesRed @ Jul 31 2019, 07:19 PM)
Not sure if the extradition saga (one among many) is temporary or long term.

I wouldn't be surprised if many HK folks migrating here will opt for subsale or nearly completed under-con properties.

For a project such as this one which will only be completed in 4 or 5 years time, I think most won't take the risk unless they don't mind waiting while renting a place nearby, or even bunking in with their relatives who are already here. hmm.gif

But if you ask me, 4-5 years is an awfully long time. Who knows that the US-China war could've ended by then, or escalated further, or the current Chinese regime develops a soft spot and leaves HK alone or decides to ramp up the interference further, etc.
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As if hong kongers have no where else to go.

icemanfx
post Jul 31 2019, 11:36 PM

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QUOTE(beleebala @ Jul 31 2019, 12:24 PM)
I agree with your view. HK people don't really like Singapore as it is as cramped as HK and expensive. HK people has been investing in Thailand and Vietnam. However, those two countries do not suit HK people for living, due to language and cultural problems. Western Malaysia is a great place to HK people... and they have started realizing this fact.

The only two things stopping more HK people from buy up Malaysian houses / condos are: 1) racial based policies, 2) high crime rates. Otherwise, we HK people will buy, buy, buy... in Malaysia.

As the political and social situation is deteriorating quickly in HK, be prepared for a big in-flow of HK people with their buying power. Most people applying MM2H have been for retirement purpose in the past, I expect that many more families with kids will start coming to bigger cities in Malaysia. So, international schools and properties around them will prosper. Just my opinion.
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As if there is language or cultural barrier in hongcouver, Sydney, Melbourne, London, etc.

icemanfx
post Sep 7 2019, 08:12 PM

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QUOTE(Proxxymax @ Sep 7 2019, 04:59 PM)
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.
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As if go to buy handbags at lv.

This post has been edited by icemanfx: Sep 7 2019, 11:52 PM
icemanfx
post Sep 11 2019, 02:59 PM

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user posted image

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It seems the developer is more keen to promote to foreign buyers.

Proxxymax

This post has been edited by icemanfx: Sep 12 2019, 12:16 AM
icemanfx
post Sep 12 2019, 12:18 AM

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QUOTE(beleebala @ Sep 11 2019, 05:52 PM)
This place is much like the West Kowloon Development in Hong Kong. It was a success in HK.
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unlike kv, hk doesn't has property overhang.

This post has been edited by icemanfx: Sep 12 2019, 12:18 AM
icemanfx
post Sep 12 2019, 02:09 AM

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QUOTE(kingstonray @ Sep 12 2019, 12:50 AM)
close your eyes dont see property already... you keep say malaysia overhang , property die...why keep talk about property?
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One could ignore reality temporary but will need to face it eventually.
icemanfx
post Sep 13 2019, 04:48 PM

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QUOTE(kingstonray @ Sep 13 2019, 04:01 PM)
he is property prophet guru LYN
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Not at all, just sharing reality or available data like $10bn overhang in >$1m units.

how many $1m in $10 bn? how many more in secondary/subsale market?

This post has been edited by icemanfx: Sep 13 2019, 04:50 PM

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