Investment VERVE® SUITES @ KL SOUTH [OWNERS' THREAD], Old Klang Road... near Mid Valley!
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 Jun 7 2013, 11:44 AM
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#1
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1,016 posts Joined: Apr 2006  
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Yeah just buy their Verve Suites at Mont Kiara instead. Very high end, new and cheaper. Although this probably is very high end finishing as well but needs to wait to be seen.
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Jun 10 2013, 09:04 AM
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#2
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1,016 posts Joined: Apr 2006
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QUOTE(natman @ Jun 8 2013, 08:38 PM) Agree, this one will be champion of all along the OKR Well there are very very rich people in Old Klang Road. A lotta old money there. Some of them may want to look for a very very high end condo around their neighbourhood. Amazingly quite some number is reserved, dont understand what in the buyer mind and a few aunty uncle looks very interested selecting their unit LOL.  In my view, the highest end condo in OKR area now is Papillion, but even that doesn't come close to the luxury of the Verve brand. (Well comparing with previous stuff ah, and assuming the standard kept ah) This post has been edited by Lcsx: Jun 10 2013, 09:11 AM |
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Jun 10 2013, 09:59 AM
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#3
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QUOTE(natman @ Jun 10 2013, 09:55 AM) Papillon is 400+k when launching right ? heard now is touching mil Haha I don't know the launching price. But yeah touching mil, in fact asking prices are about 1.2mil. |
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Jun 10 2013, 11:01 AM
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#4
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QUOTE(brianccg @ Jun 10 2013, 10:48 AM) I visited Papilon when they launching few years ago. Definitely Papilon is better than this. I have no idea how the Verve OKR really looks like. Just assuming and following suggestions by other users that they will build Verve OKR as good As Verve Mont Kiara.If this property is worth 1300psf, wondering why no taker when they launching. If it is as good as Verve Mont Kiara it is tough to beat. If you ever been to Verve MK you will know. |
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Jun 10 2013, 11:11 AM
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#5
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QUOTE(brianccg @ Jun 10 2013, 11:05 AM) No. They cannot changed much on the Verve OKR as this is re-touch up on existing building. Yeah I actually also lean to "remains to be seen whether they can match after completion".They cannot do much internally but maybe some magic work on the external facade. But considering their premiums they are charging, they have really a lot of money to work around with. Lets see how generous or greedy the developer is. This post has been edited by Lcsx: Jun 10 2013, 11:11 AM |
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Jun 10 2013, 11:19 AM
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#6
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QUOTE(brianccg @ Jun 10 2013, 11:14 AM) I think the reason they charge the premium partly is to pay off the lump sum construction cost to the previous building owner since this is completed property and they also factor in the cost plus margin to re-touch up the building. Absolutely. However, on top of that I am thinking if they bought at lets say average RM400psf and sold at average RM1100 psf. They would have RM700 psf to play about. Which is enormously high considering to build a very high end from scratch is probably about RM300psf (excludes land cost).This post has been edited by Lcsx: Jun 10 2013, 11:24 AM |
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Jun 10 2013, 12:47 PM
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#7
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QUOTE(brianccg @ Jun 10 2013, 11:25 AM) Ya. Agreed. suspect their acquired cost is higher than RM400psf? not sure. but i am guessing base on en bloc cheaper price/discount and that it is not exactly tip top condition. |
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Jun 10 2013, 01:04 PM
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#8
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QUOTE(cockee @ Jun 10 2013, 12:53 PM) Not true about Papillion, bro. Haha OKR area bro. Taman Desa included then I'll certainly pick 1Desa Residence as well. Very nice environment and surroundings there. But yeah maybe could put Taman Desa also due to proximity. But then people might start arguing Mid Valley and KL Eco City then. Haha.The true high end condo in Taman Desa is 1Desa Residence. This post has been edited by Lcsx: Jun 10 2013, 01:06 PM |
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Jun 10 2013, 02:35 PM
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#9
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QUOTE(cockee @ Jun 10 2013, 02:19 PM) HUH? Oh haha ok. I don't know the actual address in Papillon. But I know it is geographically it is 100m from the Old Klang Road road (Although not by road). Oh well. If you talk about OKR only, then you can't include Papillion as well because Papillion is in Taman Desa. Ok lets take 1Desa Residence as the benchmark. Haha This post has been edited by Lcsx: Jun 10 2013, 02:48 PM |
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Jun 18 2013, 09:15 AM
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#10
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QUOTE(blood and glory @ Jun 17 2013, 08:45 AM) visiting its showroom yesterday,yeah all the info you guys written here is true.Price RM1100/sqft,maintenance RM0.51/sqft (reason given is less units,only about 360+ units and the maintenance of bridge's facilities are high. Both are overpriced in my opinion too. However Bukit Kiara Properties build quality and design is better than Tropicana/Dijaya.All units fully furnished with beatiful id but say we take current market price in OKR is max RM700/sqft,the balance of RM400/sqft is to buy the furnishing from them,still too expensive. If were to invest and flip is quite hard too as the cheapest studio unit available is RM720K++ for 555sqft.I dont think after 2.5 years time could be sold at RM800k for a studio in OKR.This is not Tropicana Gardens  This post has been edited by Lcsx: Jun 18 2013, 09:17 AM |
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