I mean average subsales of klcc will reach 2000psf?
Why u said rental not an issue? We do not have lot of expatriates like in Singapore, Shanghai etc
Why invest If yield is too low? Not to mention u hv several months or years not tenanted.

IMO, rental is one of the major concern to invest into KLCC's area, where, the occupancy is a bit low side, and out of this low occupancy rates, majority are tenants or expats buying it as their holiday homes.

The low yield also could impact on the number of competition facing from the streets of condo as well as not easy to fold the unit for next game.

Rental is definitely one of the biggest issue where we do not have too many expats demand and the yield is only decent while the appreciation is looming in uncertainty.

New project coming , 3 Towers , Ampang.
Fr 850psf ,400sqf studio, FH.
Anyone got any idea?

Bro Chris is correct... rental is not covering loan installment & project with high density unit will face problem renting out and other competitors.

I think they only open few floors for 1 block only. Total 3 blocks, therefore it would be by feng shui of 3 elements called Wind, Water & Sun, macam like green building.

The Studio Office is 522 sq feet and the price is from RM 366k, which is RM 700 psf onwards, on lower side due to lower half floors only where the upper half are premium office with bigger size.

Also heard, most of the bulk purchases of 20 units per floor a deal, had fully taken up. Dunno source is true or not.

location??/ any links bro ..

As opposed to KLCC's secondary market, does any sifu think there are any new upcoming KLCC enclave developments worth to keep an eye on?

I only know of a few upcoming ones like the Mews by E&O, 328 tun Razak, Verve, some along Jln Ampang (Elements, M-Suites, 3-towers).

I did manage to listen in on an interesting conversation among friends debating that KL Sental (Tun Razak Exchange) will shift the attention from KLCC...more of a political move shrouded in "city planning" agenda.

anyone has any more info on 3 towers and elements?

Vipod which is just opposite Pavilion was sold at RM1kpsf should be very good. I noticed secondary market is asking for RM1400-1500psf. For small unit like 635sf, I think is considered reasonable. The building is quite impressive though I hv not seen the interior.

I think KLCC has the potential.
Manhattan is more expensive compared to new jersey
In Singapore the sails or orchard is double or triple the outskirts.
Klcc will always be the hub. It's the city center.

2 years ago I was looking at Hampshire place subsale at 850k however the valuation is low thus means a lot of cash outlay. In the end I give up. Guess what my agent who do corporate lease told me expat are queuing to rent that place. Tan and tan always give good value.

A good place to get is walking distance to Petronas tower. That's where the oil n has co are.
Next is bukit bintang.

Klcc needs a lot of holding power. I feel is undervalue.
A lot of single expat will stay in klcc.
Those with family n kids will choose mont kiara.

Dpc yea but rental won't be high. It's difficult to cover the loan installment cos Dpc condo is going higher n higher.

I pray for klcc to boom. Waiting for Chinese or indo investor....... Finger crossed

My good friend, an expat styled there 2010. We visited him very often and car parks always empty, hardly see any tenants walking in and out of the building n he shifted from 7 floor to 9th becoz new landlord offered a very good discount. Plenty vacant at that time. Maybe things are different now after the explosion incident to one of the unit, 16th floor hahahahaha
I like this Hampshire coz its only 5-10min walk to LRT station and aeroline bus to singapore station is at Chorus hotel.
I agree with 'Klcc needs a lot of holding power.'

I think KLCC price ll catch up in coming few years.

Traffic has worsen, ppl need to be close to where they work n hang out. Yes, KLCC has underrated. But competitively to outskirts area, KLCC actually fetch good rental with good potential appreciation

I think Klang Valley is having its own local globalisation. With increasing highways and LRT/MRT, location is no longer critical.

i think it is more likely the other way around....

I think location is always key to property investment. Layout is important to condo but not as critical as landed.

Klcc is over rated... jam and terrible and no parking for office workers. Class a office is mushrooming outskirt with cheaper rental.. bangsar pj.. etc. Matter of time most companies will move out.

Only companies left at klcc will be glc and petronas. Sort of force to fill up the place. Otherwise will be a white elephant...

We have rich buyer with strong holding power but we don't have enough rich tenants. Investor may be able to hold for years but who want to stay in old condo? Tenants will always move to newer condo.. Happening in MK, I guess.

Madge Mansions, High-End condo near KLCC.
price RM1,300 psft ++

Size from 3,500sf to 8,500sf

price from 4.5mil - 11mil



This post has been edited by kEMUNING: Aug 12 2013, 12:35 AM

Mei On The Madge, Ampang Hilir
[SIZE=7]

907 sqft with on car park. fully furnish .selling RM700k. Freehold . call 0123880837 kenny

distance to KLCC 10min.

Mei On The Madge (also known as Vista Permai) is a low density and luxury condominium nestled in the sought after address of Embassy Row (Ampang Hilir). This condominium is a very low density development, as it only comprises of 51 units of apartments. It was completed by At Ambassy in mid 2008.

Plenty of amenities can be found in the area. Residents of Mei On The Madge can reach several prime shopping centers within minutes of driving. It is just within driving distance to AmpWalk shopping centre. Adding to that, one can also take a short drive to Suria KLCC, Pavilion, Starhill Gallery and Great Eastern Mall.

For recreational and sport activities, there are KLCC Park, Raintree Club, Selangor Polo and Equestrian Club, and the Royal Selangor Golf Club located few kilometres away. Furthermore, there are few schools nearby the residency such as Sayfol International, Fairview International, SMK Sri Ampang, SMK (P) Puteri Ampang, SJK © Ching Hwa, Goethe Institute and SJK Datok Keramat.

Where is ampang hiker?