Meridian 101 Kuala Lumpur @ Dang Wangi Asian Heritage Row

Open for Booking Now

Website: http://www.meridian101kl.com



EARLY BIRD BENEFITS

PRICED from RM 560,000 (RM1,400 psf before EARLY BIRD DISCOUNT)

10 years Guaranteed Rental Return by Best Western Plus

Developer Interest Bearing Scheme (DIBS)

Fully Furnished

UNIT SIZE : 400 sqf and 480 sqf, Only 2 types of layout size.

TOTAL UNIT: 156 units

TENURE : Freehold

FURNISHING: FULLY FURNISHED Luxury Furnishing (move in condition)

MAINTENANCE FEE : RM 0.50 /sf

Walking distance to Dang Wangi LRT Station and Medan Tunku and Bukit Nanas Monorail Station.

Walking distance to upcoming Quill City Mall, Kuala Lumpur's latest shopping mall project.

Accredited by the Green Building Index, the latest green features have been incorporated to craft a truly sustainable lifestyle.



Managed by Best Western International

BEST WESTERN INTERNATIONAL INC. is THE WORLD’S LARGEST HOTEL CHAIN®, with 4,000* independently owned and operated hotels. Based in Phoenix, Arizona., BEST WESTERN offers more than 313,639 quality guest rooms located in 100* countries and territories throughout the world.



Press the lift down and there you find Retails and Nightlife.



Walk into a five-star hotel experience when you return home everyday. The exquisitely designed, light-filled grand lobby makes coming home something to look forward to.







This post has been edited by accetera: Feb 18 2013, 12:56 AM

wah wah wah...

Introducing the most advance carparking system in KL?

Better than the whatever Takashimaya's Times Avenue Jalan Imbi.

This is for your home. I realise the sofa is turned into bed. Sad case people's bed in future.

Any details of the GRR like? No idea how tall is this also. Most of the view will be block considering saturated tall structures around kl.

Advance parking system like this?
I think its charge per entry then..



This post has been edited by InF.anime: Feb 18 2013, 08:17 AM

500K in prime Kl area... good deal?

who is the developer?
what is best western plus?

Best Western Plus is the contemporary series of Best Western. Basically the 4-star of Best Western.

Best Western is 3-star or 5-star, Best Western Plus is 4-star and Best Western Premier is 5-star.

In Malaysia, this will the 13th Best Western-managed and the 3rd Best Western Plus after the one in Centrestage PJ and 1Gateway Klang.

http://www.bestwesternmalaysia.com/hotels

To view an example Best Western, head on to Best Western Premier Dua Sentral in KL.

What is the GGR rate?

This post has been edited by JamesPond: Feb 18 2013, 12:51 PM

GRR rate should be 6% to 7% for 3+4+3=10 years. So assuming construction period is 3 years. Total is 13 years.

Exit strategy for this project is to hold for 13 years using the GRR to pay off monthly instalments then sell off to cash out.

Next question is, with current KLCC new launching between 1.5k psf to 2k psf coupled with KL land scarcity.

WHAT WILL KLCC PSF PRICE BE IN 13 YEARS? :-)

what is 3+4+3?
GRR still never shown the number? then, how this can be guaranteed?

interesting even for the small size.. any buyer?

no need to wait for future, its happening now.. if family members want to come, where to sleep?..

3 years + 4 years + 3 years=10 years

GRR will be guaranteed by Best Western Plus for between 6% to 7% which should will be enough to cover bank monthly installments and maintenance fee depending on the bank loan LTV and bank loan.

Why it break into 3 sections? definitely there is something hidden here.
So has they written the guaranteed in percentage? Verbal 6-7% are on grey area.
There is so many uncertainties. The investor need to take note of it.

Based on the my own acceptable range. This place is worth 750 - 1000 psf

GRR is always like that, yes, the later part +4+3 is always "subject" to renewal, it happened before not even executed the first +3.. take it or leave it

This post has been edited by ecin: Feb 18 2013, 06:23 PM

Where is quill city mall

Quill city mall or vision city is at medan tunku station. The abandon project. Reviving now but duno when complete.

Paying 1400 just the sake of the car lifting mechanism

The 6% to 7% should definitely be written into the agreement.

With 3+4+3 years contract, investor will benefit if after 3 years, they are confident of generating a return of higher than 6% by renting out on their own. This provides for greater flexibility .