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Investment MERIDIAN 101 KUALA LUMPUR (BEST WESTERN PLUS), Office Day. Nightlife Home Night. GRR

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Malaysian_driver
post Feb 19 2013, 03:45 PM

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QUOTE(marcusho @ Feb 19 2013, 03:40 PM)
Please register at the website so that we can email you the invitation to our early bird preview.

www.meridian101kl.com

Thanks
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Okay...waiting for your e-mail. whistling.gif
Malaysian_driver
post Feb 19 2013, 11:53 PM

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Don't say good time or bad time, if the developer can give you the promised returns on time every time for the whole duration of the agreed term, you should be smiling in your sleep already lor!
Malaysian_driver
post Feb 20 2013, 12:28 AM

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QUOTE(cybermaster98 @ Feb 19 2013, 08:32 PM)
A few more queries:

1) Is there any clause in the contract that allows the developer to terminate the GRR before completion of the first 36 months?
2) Is there a stipulated fixed date for monthly payment of the GRR?
3) Does the developer bear any form of penalty for late / non payment of the GRR? Is this in the contract?
4) Is the GRR directly under Best Western Plus or an independant management company?
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Cybermaster98, if the GRR scheme is foolproof, bulletproof, escapeproof, I also want in!
Malaysian_driver
post Feb 20 2013, 12:58 AM

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QUOTE(propertybbb @ Feb 20 2013, 12:53 AM)
400sf@1400psf. There is one soon to be launched project with similar size but nearer to klcc ll b priced ard 1100psf.
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Maintenance is RM0.50 psf... How much the new project? 1100 psf sounds attractive -- what name?
Malaysian_driver
post Mar 3 2013, 12:20 AM

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Eh why still haven't received email? Advertisement for prelaunch already online.
Malaysian_driver
post Mar 3 2013, 05:22 PM

On my way
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Joined: Apr 2011
This is Meridian forum la.... Regalia forum elsewhere.
Malaysian_driver
post Mar 4 2013, 11:05 AM

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574 posts

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QUOTE(cybermaster98 @ Mar 4 2013, 08:17 AM)
No more news about Meridian. Seems to have gone quiet.
*
Check this out:

LAST CALL!!!
New Hot Hotel Investment !
Meridian 101 Degree Commercial SOFO @ Dang Wangi, Kuala Lumpur

Early Birds Offer Package:
- Secure Tenant For 10 Years (6% - 7%)
- Only RM 10,000 Booking Fee
- Free Legal Fees On SPA
- Developer's Interest Bearing System (DIBS)
- Loan Up To 85% (15% Down payment)
- Owner entitle 5 days stays per year
- Fully furnished & renovated with Interior Design

Property Details
~ FreeHold
~ Commercial Title
~ Total 28 floor, 104 units of commercial SOFO
~ Total Units: 156 Units
~ 4 Lifts Are Service/floor
~ KLCC & KL City View (South-East & North-West)
~ Only 2 Layout Size :400sf & 480sf
~ Excellent location, Jalan Dang Wangi
~ Luxury Furnishing (Move In Condition)
~ Operate By Best Western International Inc.
~ Experienced developer
~ Very potential capital appreciation

Distance
- Medan Tuanku Monorial Station 0.3km
- Dang Wangi LRT Station 0.3km
- KLCC 1.3km
- KL Tower 0.6km
- SOGO 0.5km
- Pavilion 1.7km

Price:
480sf x RM1,350 RM = RM 648,000

Nearby Property Price Comparison
Pavilion 2, Bayan Tree RM3,000/sf
Four Season RM3,000/sf
Tribeca @ Imbi Rm1,900/sf
D’Majestics @ Pudu RM1,700/sf
Troika, KLCC RM1,600/sf
St. Mary RM1,400/sf


Advertised online -- but no news in this forum.

This post has been edited by Malaysian_driver: Mar 4 2013, 11:06 AM
Malaysian_driver
post Mar 7 2013, 06:01 PM

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QUOTE(cybermaster98 @ Mar 7 2013, 01:34 PM)
Is this going to stop you from buying?
Malaysian_driver
post Mar 19 2013, 03:14 PM

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QUOTE(cybermaster98 @ Mar 7 2013, 06:40 PM)
Well this and many other factors have caused me to become very cautious with my next investment. So taking is slow now. Will see how things develop after the elections although i dont expect major changes for the property outlook. How bout yorself?
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Not too excited about it. There's a similar project going on: Centrestage in PJ -- also GRR and Best Western. I think completion by next year -- can see how it goes before deciding on Meridian.
Malaysian_driver
post Mar 20 2013, 05:57 PM

On my way
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Senior Member
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Amint, don't play this one la -- so many uncertainties. Kan tengah tunggu S*ti* Ec*hi!!....

This post has been edited by Malaysian_driver: Mar 20 2013, 05:58 PM

 

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