Here is a new development by KimLun Corporation Bhd. They are a contractor venturing into their first property development.



Consist of Sohos and Service Suites



Smart designs for work and play

Layout choices from 450 to 880 sq. ft.

768 exclusive freehold units


Facilities

Fitness
1-Skyline view gym
2-Half-court basketball
3-Lush jogging trails
Productivity
4-Garden view library
5-Business centre
6-WIFI hotspots
Entertainment
7-Private dining room
8-BBQ pits
Spa
9-Aerobics / Yoga room
Recreation
10-50-metre lap pool
11-Children's playground
12-Bamboo reflection garden
Lots of Greens

http://www.hyve.com.my/concept.php

This post has been edited by Lcsx: Jan 29 2013, 03:12 PM


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About RM220k onwards

This one is not as bad. Because they have actually built properties before. At record speed too.There is one project that they finished within a year, a sizable apartment project. About 1,000 units if I am not wrong.

Yes this is a highly packaged project.

There is a difference in a contractor and developer. They were a contractor for many projects but as for development this is their first.

Anyway there is a very lengthy Cyberjaya thread here for you to find out more
http://forum.lowyat.net/topic/2486682

I only have details on the private one. Not sure about public one. I'll pm yer.

Haha Haiyo,

So many PM. Well I'll reply here straight but I think gotta limit it a bit as its not official yet.

Well generally the packages are very complete, high discount.

Hint is if your loan capability is very good, minimal cash commitment will be required till completion.

Only some of the unit types will be launched initially. Not all.

Cheers and happy hunting

1. Don't need to bother about the actual VP date. From what I reckon, it will be much faster than you would expect.

2. Total close to 5 acres.

3. Dunno, you gotta ask them.

Heh. The website is actually quite comprehensive already, could check it out. Location is general quite good as well.

It's still not officially launched yet. The registration area is on their website.

Cheers

Yeah that one is for their business partners actually.

Well glad a lotta guys got to get a good property pick from the thread

Just some opinion on buying 6th floor and below. (Office)

This will definitely yield you much rental yields. So if you are going for it might be worth it.

On the other hand the sale part may encounter a little bit of problems as the buyer will likely have to put 20% downpayment instead of the usual 10%. The problem is, this office/condo/soho would attract the people looking for their first/affordable home during subsale. The 20% may be a put off. But you may be able to offset this by selling somewhat cheaper than the 7th floor and above.

The second part about it is your interest cost or the purchaser's interest cost could be higher as offices have a higher effective interest rate.

Just my 2 cents.

This post has been edited by Lcsx: Feb 7 2013, 11:31 AM

sparkling juice called champagne

Hehe Lanai is a Balcony.

Yeap sub par. Their saving grace is they have very prime land bank.

I think it will be very very very hard to close a sales/rent before the SPA is signed let alone construction commenced

Well there are two relatively big parcels of land near to the hyve. Furthermore one of these has good frontage on the other side. Who knows, maybe something could pop out. Haha

This post has been edited by Lcsx: Mar 15 2013, 09:29 AM

Jam = high occupancy. No Jam = ermm