wow nice 1200 and 1300 per sq ft for student stay. if it is based on RM1k per bed market research that means need about 7.3 beds on a 1000sqft area just to break even with zero nett cash flow. not including taxable income on rental and 6-8& assessment tax based on yearly value.

woot! sound investment!

D'Twist @ DK City
- Duplex Suites
- Duplex Hotel
- Duplex Shopping Mall


http://www.dkgroup.com.my
Developer focuses on creating unique projects in Kuala Lumpur and Bandar Sunway
The StarProperty | December 14, 2013 |  406 Views | Topic : Property News.
http://www.starproperty.my/index.php/artic...-bandar-sunway/
(snipped)
Scheduled to be unveiled in the second half of next year is the D’Twist mixed-development project, comprising three tower blocks of 300 office suites, 816 residential duplex suites, and 188 duplex hotel suites and 122 hotel rooms.

“There are three tower blocks constructed on a podium comprising four two-storey levels of commercial space of 400,000sq ft, which will serve as a shopping centre. The residential tower block of 80 floors will take the height to 300m, making it the tallest residential building in the Asean region,” Koek said.

The selling price for D’Twist office and residential properties are priced at RM1,200 per sq ft and RM1,300 per sq ft respectively.

According to Koek, the targeted segment for the residential duplex suites of D’twist will be the students from Taylor’s, Monash, and Sunway universities in the vicinity.

“There is shortage of accommodation for students. We expect investors to buy the duplex units for the potential rental market in the area and for their own use.

“The current market rental rate in Bandar Sunway is RM1,000 per bed. Our survey shows that Taylor’s hostel students are paying higher, although its hostels don’t have many facilities,” Koek said.

According to Koek, D’Twist will have adequate recreational facilities to attract students to make the scheme their home while they pursue their studies.

“We are providing cineplexes, a bowling centre, and 400,000sq ft of shopping area.Put it this way, we have sufficient entertainment and leisure activities to cater to a population of 15,000, which is what we expect for DK City, which is located on a 11.45acre site,” he added.

Koek said the group expected to sell all the properties in D’Twist within 12 months after the launch in the second half next year.

“The residential duplex units and the office units are for sale, while the properties in the mall and the hotel will be kept.

“We are now negotiating with several four-star international chains to run the hotel and expect to finalise the deal in three months,” he said.

According to the company, its current projects DK Senza and D’Latour have been enjoying brisk sales since their launch in 2011 and 2013.

The two projects were carried out without any financing from banks.

The RM300mil 23-storey DK Senza project comprising 348 residential condominiums, 58 small home offices, and 54 commercial units on the ground floor, was sold out shortly after the launch.

“The price of DK Senza, which will be complete early next year, has appreciated by 70% to 80% within two years to about RM800 per sq ft, from RM460 per sq ft,” Koek said.

The RM800mil D’Latour project comprising 332 serviced suites and 629 SOHO duplexes in two tower blocks, has sold 50% of its serviced suites and all the SOHO duplexes since their respective launches in November and March.

Both D’Latour, DK Senza and D’Twist form the 11.45 acre DK City township scheduled to be completed in 2017. The land was acquired for RM100mil in 2005.

Am I reading it right?

1200 psf to 1300 psf? 

In subang?

Good luck to all would be purchasers....

Yes every where is rushing to hit RM1,000psf soon anyway... so if they want to be the tallest in ASEAN, pls don't memalukan the pricing...

This is nuts....tallest or not this is in SUBANG....

not in KLCC or anywhere near it....

I personally invest in some high rise props in subang, and my entry price is less than 700psf.

I don't forsee props there rising above 900psf.

Now somebody has the balls to sell at Robertzai and Star prices at KLCC...

Man....Sunway Geo now looks like a bargain in comparison...

I salute anybody that actually gets a unit, especially no DIBS...

They must have difficulty walking since they have such big balls...

Also....aren't subang jaya area saturated with malls already?

Saturated with malls that doesn't work except Pyramid and Empire Subang.. I am pissed off with malls that doesn't work in my area...and I don't think this will work. If this is the peak like people claim than this is going to be an eyesore in the future especially since they have no image to protect.

And how do you define what works and what don't works

Subang Parade IMHO works.

They have full occupancy and it is quite heavily patronised. You have difficulty finding parking spaces there on weekends.

Summit....it is rundown. But from what I observe, it served the USJ as a community mall. The problem with summit is that the units there were sold individually, thus management has no tenant control and dragging the entire place down.

USJ 19 mall faces the same problem. Also, location there is poor.

Anyway, they still serve their communities well.

Not all malls are meant to be "ong" wan....

Subang Parade has always been good but is boring. My opinion of works is something that is not boring. Reasons to go there week after week. Choices. Selection. A place to chill out and meet people.

D'Twist @ DK City
- Duplex Suites
- Duplex Hotel
- Duplex Shopping Mall


http://www.dkgroup.com.my
Developer focuses on creating unique projects in Kuala Lumpur and Bandar Sunway
The StarProperty | December 14, 2013 |  406 Views | Topic : Property News.
http://www.starproperty.my/index.php/artic...-bandar-sunway/
(snipped)
Scheduled to be unveiled in the second half of next year is the D’Twist mixed-development project, comprising three tower blocks of 300 office suites, 816 residential duplex suites, and 188 duplex hotel suites and 122 hotel rooms.

“There are three tower blocks constructed on a podium comprising four two-storey levels of commercial space of 400,000sq ft, which will serve as a shopping centre. The residential tower block of 80 floors will take the height to 300m, making it the tallest residential building in the Asean region,” Koek said.

The selling price for D’Twist office and residential properties are priced at RM1,200 per sq ft and RM1,300 per sq ft respectively.

According to Koek, the targeted segment for the residential duplex suites of D’twist will be the students from Taylor’s, Monash, and Sunway universities in the vicinity.

“There is shortage of accommodation for students. We expect investors to buy the duplex units for the potential rental market in the area and for their own use.

“The current market rental rate in Bandar Sunway is RM1,000 per bed. Our survey shows that Taylor’s hostel students are paying higher, although its hostels don’t have many facilities,” Koek said.

According to Koek, D’Twist will have adequate recreational facilities to attract students to make the scheme their home while they pursue their studies.

“We are providing cineplexes, a bowling centre, and 400,000sq ft of shopping area.Put it this way, we have sufficient entertainment and leisure activities to cater to a population of 15,000, which is what we expect for DK City, which is located on a 11.45acre site,” he added.

Koek said the group expected to sell all the properties in D’Twist within 12 months after the launch in the second half next year.

“The residential duplex units and the office units are for sale, while the properties in the mall and the hotel will be kept.

“We are now negotiating with several four-star international chains to run the hotel and expect to finalise the deal in three months,” he said.

According to the company, its current projects DK Senza and D’Latour have been enjoying brisk sales since their launch in 2011 and 2013.

The two projects were carried out without any financing from banks.

The RM300mil 23-storey DK Senza project comprising 348 residential condominiums, 58 small home offices, and 54 commercial units on the ground floor, was sold out shortly after the launch.

“The price of DK Senza, which will be complete early next year, has appreciated by 70% to 80% within two years to about RM800 per sq ft, from RM460 per sq ft,” Koek said.

The RM800mil D’Latour project comprising 332 serviced suites and 629 SOHO duplexes in two tower blocks, has sold 50% of its serviced suites and all the SOHO duplexes since their respective launches in November and March.

Both D’Latour, DK Senza and D’Twist form the 11.45 acre DK City township scheduled to be completed in 2017. The land was acquired for RM100mil in 2005.

Every Mall needs to be champion meh?

C'mon give chance to be a quieter mall. Life is never fair.

Such a nice project. But heard one of my friend saying this developer is new in property development. Their core business is doing car seat fabric. But now look they are doing so well.

if like tat, better built park rather than mall...