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Investment VERVEĀ® SUITES @ KL SOUTH [OWNERS' THREAD], Old Klang Road... near Mid Valley!

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brianccg
post Jun 8 2013, 08:17 PM

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Passed by the condo now. Haha, now only I know this is the refurbished of existing condo.
brianccg
post Jun 9 2013, 11:33 AM

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This building used to rent to a college but don't know why still like a dead building and eventually the college move out. I really wonder 1300psf can make it?
brianccg
post Jun 9 2013, 08:09 PM

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But there must have some reason why this building still nt able to fully occupy after completed. Location is good.
brianccg
post Jun 9 2013, 09:02 PM

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Is the sales good? Will pay a visit next weekend to undertstand why they price it at this amazing level.
brianccg
post Jun 10 2013, 10:48 AM

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[quote=natman,Jun 10 2013, 10:14 AM]
[quote=Lcsx,Jun 10 2013, 09:59 AM]
Haha I don't know the launching price. But yeah touching mil, in fact asking prices are about 1.2mil.
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[/quot

verve could be better than papilon ? this only can be know few years later but honestly verve i dont feel it like high end product maybe i always pass by that building lol
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[/quote]

I visited Papilon when they launching few years ago. Definitely Papilon is better than this.

If this property is worth 1300psf, wondering why no taker when they launching.
brianccg
post Jun 10 2013, 11:05 AM

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No. They cannot changed much on the Verve OKR as this is re-touch up on existing building.

They cannot do much internally but maybe some magic work on the external facade.
brianccg
post Jun 10 2013, 11:14 AM

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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.


brianccg
post Jun 10 2013, 11:25 AM

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Ya. Agreed. suspect their acquired cost is higher than RM400psf?

 

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