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Investment PAVILION HILLTOP MONT'KIARA [OWNERS' THREAD], Pavilion is coming to Mont Kiara

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hunterlim
post Apr 9 2013, 12:27 PM

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On the issue on ML and segambut , 4 years ago an article written in the Edge property called Tale of Two enclaves summed up the contrast Segambut and Mont Kiara preety nicely, agreed that MK was part of Segambut and as I mentioned in my earlier post, situated in higher ground in Segambut set MK apart from Segambut, MR. Tong saw it and has a good vision on that, and but generally the similarity end there, there are many different between Segambut and MK:

1. Segambut has so many existing setllers especially squatters that has been there for generations, it is hard to ask them to move.MK was a plain rubber plantation so no issues on squatters, clean and flat. Why this is importnat, imagine if you paying a 700 psf lusury condominium and walking out from your compund are all the squatter or kampung who were there for generations and with the price of sondo going up sky high make them almost impossible to leave, a luxury living is not just what is offer in the unit but the surroundings. Just my humble opinion.

2. Segambut area is not very well planned again due to the existing road while Mont Kiara was planned from scratch.


AppreciativeMan
post Apr 9 2013, 12:43 PM

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Where is their Sales office?
hunterlim
post Apr 9 2013, 01:00 PM

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QUOTE(hunterlim @ Apr 9 2013, 12:27 PM)
On the issue on ML and segambut , 4 years ago an article written in the Edge property called Tale of Two enclaves summed up the contrast Segambut and Mont Kiara preety nicely,  agreed that MK was part of Segambut and as I mentioned in my earlier post, situated in higher ground in Segambut set MK apart from Segambut, MR. Tong saw it and has a good vision on that, and but generally the similarity end there, there are many different between Segambut and MK:

1. Segambut has so many existing setllers especially squatters that has been there for generations, it is hard to ask them to move.MK was a plain rubber plantation so no issues on squatters, clean and flat. Why this is importnat, imagine if you paying a 700 psf lusury condominium and walking out from your compund are all the squatter or kampung who were there for generations and with the price of sondo going up sky high make them almost impossible to leave, a luxury living is not just what is offer in the unit but the surroundings. Just my humble opinion.

2. Segambut area is not very well planned again due to the existing road while Mont Kiara was planned from scratch.
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Furthermore to my observation on MK, as an investor, property bubbles is always at the back of my mind, but investing in Mont Kiara clam my unsettled mind due to the following reasons:


1. Mont Kiara price has moved very little since the US subprime crises that effect the worlds's economy and even malaysian property price were effected, judging from this, I can say that if property price in Malaysia or in other europe /USA economy were to go bust, there is not much room for MK price to go down and being stagnant for so long is already close to the worse-case scenerio price, but unlike other property in Klang Valley that has went up 2 to 3 times is very likely to come back to 200 to 300 psf, or even KLCC may see a big fluctutation like it always do when crisis hit, a big risk there.

2. Mont Kiara generally offer quality tenants and apart from them able to pay higher premium, they are also generally better at taking care of the property unlike many development offer to students near University which has a habit of sub-renting out the property, I could not imagine how my property would look like once they moved out.

3. Investors in Mont Kiara generally had better holding power compare to other township and this will help to limit the property price when it pops.

4. MK is already proven to be a sucessful and mature township and I dont have obsrobe the risk-factor that it will or not become a sucessful township like many of Sime Darby /SP Setia/UEM-Iskandar new township project.

5. The ambience of living is superb for living and I can always stay there myself if the investment went busts.

Hope this help and I dont charge for this consultation.. wink.gif
B.Angela
post Apr 9 2013, 01:09 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 12:43 PM)
Where is their Sales office?
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Pavilion KL level 7 just follow the direction that lead you to Pavilion Banyan Tree Residence show unit, they have not really openly market this in a big way yet, very private and only for VIP.
AppreciativeMan
post Apr 9 2013, 01:15 PM

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QUOTE(B.Angela @ Apr 9 2013, 01:09 PM)
Pavilion KL level 7  just follow the direction that lead you to Pavilion Banyan Tree Residence show unit, they have not really openly market this in a big way yet, very private and only for VIP.
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So they not going to entertain walk in?

B.Angela
post Apr 9 2013, 01:27 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 01:15 PM)
So they not going to entertain walk in?
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You can try... I think they do... at least I think they are not as arrogant slaes people in Sunrise.. heard so many aweful story about them.. doh.gif doh.gif
seanooi880327
post Apr 9 2013, 01:28 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 01:15 PM)
So they not going to entertain walk in?
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What the smallest size for this dev?
B.Angela
post Apr 9 2013, 01:33 PM

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QUOTE(seanooi880327 @ Apr 9 2013, 01:28 PM)
What the smallest size for this dev?
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1,200 sf
AppreciativeMan
post Apr 9 2013, 01:33 PM

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QUOTE(B.Angela @ Apr 9 2013, 01:27 PM)
You can try... I think  they do... at least I think they are not as arrogant slaes people in Sunrise.. heard so many aweful story about them.. doh.gif  doh.gif
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Shall see..... Lets try with shorts, t-shirt with slippers..... brows.gif
hunterlim
post Apr 9 2013, 01:35 PM

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Pavilion Vs Sunrise = Elegant vs Arrogant

rclxms.gif rclxms.gif rclxms.gif
jerry88
post Apr 9 2013, 01:35 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 01:33 PM)
Shall see..... Lets try with shorts, t-shirt with slippers.....  brows.gif
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You are pushing boundry.... biggrin.gif but tell us how it goes
Rusby
post Apr 9 2013, 01:39 PM

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So, which one is a better buy? Pavilion MK or Arcoris Residences? Heard from Sunrise they are in discussion with Hilton to manage their boutique hotel in Arcoris. What's the land size for Pavilion MK?
B.Angela
post Apr 9 2013, 01:40 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 01:33 PM)
Shall see..... Lets try with shorts, t-shirt with slippers.....  brows.gif
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You can try but first you must go through the x-ray stares from the shoppers in Pav if that doesn't kill you, I think the laser stares from the guards will ..... cool2.gif cool2.gif
hunterlim
post Apr 9 2013, 01:44 PM

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QUOTE(Rusby @ Apr 9 2013, 01:39 PM)
So, which one is a better buy? Pavilion MK or Arcoris Residences? Heard from Sunrise they are in discussion with Hilton to manage their boutique hotel in Arcoris. What's the land size for Pavilion MK?
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If Hilton really comes in to MK is actually good for whole MK, then this will mean that Sunrise /UEM finally know how to play the game......and play it well
AppreciativeMan
post Apr 9 2013, 01:55 PM

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QUOTE(B.Angela @ Apr 9 2013, 01:40 PM)
You can try but first you must go through the x-ray stares from the shoppers in Pav if that doesn't kill you, I think the laser stares from the guards will ..... cool2.gif  cool2.gif
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Are u a staff or sales staff there?
If they read abt this, probably they'll treat all short, t-shirt slipper ppl very nice from now onwards.... laugh.gif laugh.gif laugh.gif
ultroman
post Apr 9 2013, 02:33 PM

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anyone knows this project provides dibs?
B.Angela
post Apr 9 2013, 02:51 PM

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QUOTE(AppreciativeMan @ Apr 9 2013, 01:55 PM)
Are u a staff or sales staff there?
If they read abt this, probably they'll treat all short, t-shirt slipper ppl very nice from now onwards....  laugh.gif  laugh.gif  laugh.gif
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I wish I am the staff there to get extra discount cry.gif
B.Angela
post Apr 9 2013, 02:51 PM

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QUOTE(ultroman @ Apr 9 2013, 02:33 PM)
anyone knows this project provides dibs?
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fortunately yes
ultroman
post Apr 9 2013, 02:58 PM

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Nice to hear dat wink.gif
B.Angela
post Apr 9 2013, 03:01 PM

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Services offered:

1. Personal limousine reservations (On demand)
2. Housekeeping and laundry service (On demand)
3. Travelling and entertainment arrangements (On demand)
4. Chauffer driven servoce
5. Security escort service
6. Buggy service (probably due to the long road of wineyard like entrance)
7. High-class restaurant

Practically almost all the serviced offered by their Bayan-Tree Signatures Residence

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