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Investment High-End Condos near KLCC, (Investment)

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matabumi
post Dec 18 2014, 02:53 PM

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QUOTE(corleone74 @ Nov 24 2014, 06:25 PM)
the forum KLCC.
or the older condo in bukit ceylon? *somerset bukit ceylon for eg.
are they  good value buys?
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if you nak duduk sangat sebelah klcc or want some assets in the klcc vicinity, consider the older condos. 10year-old condo well maintained mcm the forum, corinthian, dmayang. these are at 700+psf. sometimes can find 600+ psf if the buildup is larger. boleh jalan pegi lrt ampang park or klcc.


gks
post Dec 18 2014, 03:07 PM

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QUOTE(wansham03 @ Dec 18 2014, 08:58 AM)
Any owner willing to rent out fully furnished condo around klcc area please do let me know...016 578 3090..no agent please
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You are an Agent or tenant?

If you are an agent, why no agent? Because you do not want to co-broke?

Anyway based on your vague description, doubt any owners will bother...
matabumi
post Dec 18 2014, 03:16 PM

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QUOTE(gks @ Dec 18 2014, 03:07 PM)
You are an Agent or tenant?

If you are an agent, why no agent? Because you do not want to co-broke?

Anyway based on your vague description, doubt any owners will bother...
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can do airbnb laa.. klcc banyak condo kosong next to lrt. owner take the risk, they manage the ins and outs.
corleone74
post Dec 25 2014, 10:54 PM

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QUOTE(matabumi @ Dec 18 2014, 02:53 PM)
if you nak duduk sangat sebelah klcc or want some assets in the klcc vicinity, consider the older condos. 10year-old condo well maintained mcm the forum, corinthian, dmayang. these are at 700+psf. sometimes can find 600+ psf if the buildup is larger. boleh jalan pegi lrt ampang park or klcc.
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exactly my sentiment smile.gif
LSSY
post Apr 13 2015, 04:10 PM

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Attention to HAMPSHIRE Owners:

Ready buyer for:

1) 1270 sf unit - 1.3mil
2) 753sf unit - 860k - 880k

Keen owners please contact @ 017-3582272


AskarPerang
post Jan 16 2019, 07:58 PM

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QUOTE(sailorman2020 @ Feb 25 2013, 02:30 PM)
Hello All,

I noticed that the prices of the secondary market for condos near KLCC are not that high relatively to those in other areas. For example, My Habitat is asking for about 900psf (1A Stoner - RM677 psf and Idaman Residence - 800psf)  vs. 800-1000psf in PJ or subang or even Puchong prime area. Of course they are some who asking 1200 psf and above in KLCC areas too. what are the main differences?

Is that the current trend or market slowing down for those condos in KLCC areas?

any good recommendation for those condos near KLCC for long term investment - with good yields?

Thanks.
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Drop to 900 psf back in 2013.
Subsale transaction, 1259 sqft at 1.2M: https://www.brickz.my/transactions/resident...rderby=lot_size

In lelong today, you can get a unit at 30% below market price (600+ per sqft) as below:

A2-12-1, MyHabitat Residences
Reserve price 🔥🔥RM801,000🔥🔥
1259 sqft
Freehold
Auction: 30-Jan-2019 (Wed)

Walking distance to Ampang Park LRT station which will also integrate with MRT2 station in few years time.

» Click to show Spoiler - click again to hide... «


This post has been edited by AskarPerang: Jan 16 2019, 07:59 PM
AskarPerang
post May 6 2019, 11:49 PM

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Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction: 15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

potenza10
post May 7 2019, 02:15 PM

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QUOTE(AskarPerang @ May 6 2019, 11:49 PM)
Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

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Is this consider high end condo near klcc?
Bjorn1688
post May 7 2019, 04:42 PM

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QUOTE(AskarPerang @ May 6 2019, 11:49 PM)
Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

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If can get at this price really a bargain. 1/4 off the market price.

Wonder what's the interior condition or if it is occupied or not?



QUOTE(potenza10 @ May 7 2019, 02:15 PM)
Is this consider high end condo near klcc?
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Premium but not elite.

Not easy to rent out though.
gks
post May 7 2019, 04:47 PM

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QUOTE(AskarPerang @ May 6 2019, 11:49 PM)
Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

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Idaman didn't have good layout, internal air circulation and facilities associated with modern condo around KLCC.

The common corridor is horrible.. like low-medium cost apartment.

Good location though.
johnrck99
post May 7 2019, 05:24 PM

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QUOTE(AskarPerang @ May 6 2019, 11:49 PM)
Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

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No cheap at all. Lousy condo. Bad security.
AskarPerang
post May 15 2019, 03:27 PM

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QUOTE(AskarPerang @ May 6 2019, 11:49 PM)
Cheap lelong unit check in. High court auction.
Good size for KLCC property.
At 4th round reauction.
Bank value at 1M.
Walking distance 500 meter to KLCC.

23A-3, Idaman Residence, No. 8, Jalan Law Yew Swee, 50250, Kuala Lumpur
Reserve price 🔥🔥RM729,000🔥🔥
1035sqft
Freehold
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «

*
QUOTE(potenza10 @ May 7 2019, 02:15 PM)
Is this consider high end condo near klcc?
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QUOTE(Bjorn1688 @ May 7 2019, 04:42 PM)
If can get at this price really a bargain. 1/4 off the market price.

Wonder what's the interior condition or if it is occupied or not?
Premium but not elite.

Not easy to rent out though.
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QUOTE(gks @ May 7 2019, 04:47 PM)
Idaman didn't have good layout, internal air circulation and facilities associated with modern condo around KLCC.

The common corridor is horrible.. like low-medium cost apartment.

Good location though.
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QUOTE(johnrck99 @ May 7 2019, 05:24 PM)
No cheap at all. Lousy condo. Bad security.
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Attracted 15 bidders this morning. OMG! rclxub.gif

Lelong history of this unit:
1st auction - 1,000,000 - no bidder
2nd auction - 900,000 - no bidder
3rd auction - 810,000 - no bidder
4th auction - 729,000 - current reserve price - 15 bidders!!!

Sold at:
» Click to show Spoiler - click again to hide... «

Bjorn1688
post May 15 2019, 03:29 PM

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QUOTE(AskarPerang @ May 15 2019, 03:27 PM)
Attracted 15 bidders this morning. OMG!  rclxub.gif

Lelong history of this unit:
1st auction - 1,000,000 - no bidder
2nd auction - 900,000 - no bidder
3rd auction - 810,000 - no bidder
4th auction - 729,000 - current reserve price - 15 bidders!!!

Sold at:
» Click to show Spoiler - click again to hide... «

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Someone appetite very big.
gks
post May 15 2019, 03:47 PM

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Klcc condos are still in great demand. smile.gif
Mijac
post May 15 2019, 06:52 PM

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QUOTE(gks @ May 15 2019, 03:47 PM)
Klcc condos are still in great demand. smile.gif
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Because of LOCATION icon_rolleyes.gif
pinolam
post May 17 2019, 03:39 PM

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anymore klcc auction smile.gif
AskarPerang
post Apr 16 2023, 01:35 PM

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Lelong unit sold yesterday.
2142sqft unit.
Reserve price 1.57M.

Attracted 8 bidders fight.
Unit sold at 1.87M.

Good catch?


user posted image
Ch0wCh0w
post Apr 16 2023, 02:55 PM

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QUOTE(AskarPerang @ Apr 16 2023, 01:35 PM)
Lelong unit sold yesterday.
2142sqft unit.
Reserve price 1.57M.

Attracted 8 bidders fight.
Unit sold at 1.87M.

Good catch?
user posted image
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Wow that's expensive
iamloco
post Apr 16 2023, 03:15 PM

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QUOTE(Ch0wCh0w @ Apr 16 2023, 02:55 PM)
Wow that's expensive
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Not really bad at rm875/psf
Ch0wCh0w
post Apr 16 2023, 03:27 PM

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QUOTE(iamloco @ Apr 16 2023, 03:15 PM)
Not really bad at rm875/psf
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PSF is reasonable. Just the size is soo big it's not within an affordable range anymore

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