To the thread starter, maybe try to look at either:

1. Bintang Goldhill, can get 700psf fully furnished, smallest size I think is 900sqft
2. 231 TR Suite, can get 800psf fully furnished, smallest size is 495sqft

Potential because (1) lower price than surrounding area, (2) 10 mins walk to under construction MRT station Pasar Rakyat (3) TRX but I think it'll take a while.

For #2 above, I'm vested for a few years already. Mortgage ~2k/mo and last rental was 2.5k/mo. Currently vacant though.

Btw, I also thought MyHabitat and one of the Hampshires have good price in term of psf but still need to fork out 700k-800k for one- or 2-bedroom units.

With the rise of midvalley/bangsar south and bandar utama/damansara perdana

Will klcc be replaced one day? The road system is too narrow for the place to be a world class city

I don't think KLCC will be replaced.

Just like orchard road in Singapore... The price will rise higher when the suburban area goes up.


It's irreplaceable.

+1

It is and will remain iconic.

i think quite deeply on this topic recently because my wife wanted to move to a place nearer to KLCC.

Recently, my colleague who's husband is working in oil n gas thinks that travelling from kajang to KL takes so much time and toll. i think they ended up paying almost 2k for toll gas and parking to work in KLCC amonth. leave house at 630 and reach office at 8am. So, they sold their kajang house for more than double the price they paid in 2006, and moved to one of the older condos behind avenue k. D'mayang for about 700-750psf for 1600sf condo. now both of them can walk back to eat lunch and dinner. they said, they dont save money but save about 3hours of time from staying in the car to spending time with kids.

Drawback? childcare is expensive. avenue k top level is charging about 2k, and most are charging about 1k or above per kid. good thing they have a maid.

This post has been edited by mataseri: Jan 21 2014, 12:15 PM

Thank you for sharing.

in fact klcc is quite nice place to live. lesser jam during peak hours compare to most housing area as office workers rushing to n fro home/offices.

it is reverse traffic during rush hours

This post has been edited by lucerne: Jan 21 2014, 08:15 PM

manhattan hongkong spore are all islands. Space is limited in an island.

We should compare klang valley with California. Is the property in LA more expensive then its outskirt counties?

Look at Desa park city? .. Kota damansara garden city launch psf is even higher than some ready KLCC units. Why? because Klang valley is like California.. why do you want to squeeze in a place so congested and badly planned like KLCC?

I thought that LA prices are much higher than the counties right?
Beverly Hills is considered LA county?



This post has been edited by Aventador360: Jan 21 2014, 08:46 PM

KLCC n kl city very nice to stay!!. N never overrated. Only always underestimate.

yes and no, i think. people relocate to where they can find economic opportunity. outskirt of LA has hollywood, santamonica beach and beverly hills. inner city of LA has some of the baddest gangsta rappers especially in area near compton.

i think as long as traffics still long, car prices high, petrol prices and toll rates going up, and parking fees naik, city centers will be of value.

KLCC and Bukit Bintang area are driven by 2 major industries. oil and gas, and finance.

some ppl always asked why less expats these days, i think its probably, locals are taking over the jobs, these high paying jobs such as investment banking, drilling engineers, expert geologists, offshore specialists which companies around klcc hire by the thousands. they make 30-40k a month for 10 years experience. not to mention the services companies built around the industry.

the risk is when oil and gas reserves run out in 20 years. or another asian financial crisis.

Maybe is just me? My old generation?

We would like to have / stay in klcc areas when all kids study overseaa.

But still not selling our g&g landed as memories is priceless.

try one menerung. some of the higher profile pensioners live there after their kids left their damansara height homes. empty nest.

Not just u only. See many also. Got uncle Retired n bought hapseng horizon 900+sf. Around 1.3 mil. Golf view. Prince court just across only. Plan to stay with wife only. All kids besar and move out d.

This post has been edited by HELLO HELLO: Jan 22 2014, 12:40 AM

TQTQ

Already bought our near bukit bintang.

We like small jungle too.

but still open option to try new enviroment.

as u get older. Stay in city center make u BUSY this n that. It actually perlong one life as the result.

i read it from a taiwan magazine on research done in hk n other big cites in china.

Jungle cant make u busy but lazy.

too bad. We still dont have retirement village.

Retirement village will make us super busy.

This post has been edited by tikaram: Jan 22 2014, 12:50 AM

and better healthcare facilities from different price range. IJN, prince court, pantai and HKL are nearby.

troika rm6mil for penthouse

I GOT URGENT SELL AT KLCC WITH TENANCY GOOD YIELD AND GOOD BELOW MARKET PRICE !! PM ME

+1