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Investment High-End Condos near KLCC, (Investment)

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Aventador360
post Apr 21 2013, 12:52 AM

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I think you should go and investigate the hampshire properties on persiaran hampshire. It is really underrated for some reason considering the location and that it is on elevated ground in the klcc area. If you are looking at my habitat then hampshire park, 2 hampshire, hampshire place and hampshire residences are really much better in all aspects. The prices i have seen are around 700psf onwards which is bloody cheap considering Panorama is 1200psf, troika is 1500psf and 4seasons is 2500psf. I also think that the klcc area is due for a rerating in the future dunno when. Anyways that is my 5 sens worth. Hope it helps. Sorry if it doesn't smile.gif

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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Aventador360
post Apr 21 2013, 10:26 AM

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You have to look at the unit in question. What is the view and the condition of the unit.
At 1500psf it may be in a low floor and in pretty bad shape with no view?
OneKL is surrounded by buildings. Also the pool is really a glorified Koi pond smile.gif

QUOTE(kh8668 @ Apr 21 2013, 01:27 AM)
Much more lower than 1500 also got. wink.gif

This one kl is good to have private swimming pool for each unit.
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Aventador360
post Apr 21 2013, 09:34 PM

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I think you can get tenant in KLCC
It just depends on what you offer the tenant in terms of
the type of furnishing and rental you are willing to accept.
I read in the Star paper a couple of months ago that people were moving back to the city because of the worsening traffic conditions so...
The property values in Mont Kiara,Bukit Bintang, Bangsar, Taman Tun have all been increasing whilst KLCC has been stagnant for a while. I think that KLCC should gravitate to the RM2000psf level soon to realign with the other areas. Bangsar at RM1000psf and Mont Kiara at RM850psf means KLCC should be at least RM1500-2000psf shouldn't it? hmm.gif


QUOTE(lucerne @ Apr 21 2013, 12:55 PM)
i mean u need good holding power as it is not easy to get tenant(quality) this few years.
yes the potential cap appreciates are great but how long can u hold??
if u hv lot of cash or income then it is ok to invest.
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Aventador360
post Jan 21 2014, 08:44 PM

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QUOTE(ibwo @ Jan 21 2014, 08:40 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?
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I thought that LA prices are much higher than the counties right?
Beverly Hills is considered LA county?

hmm.gif

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

 

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