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Investment High-End Condos near KLCC, (Investment)

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Chris Chew
post May 2 2013, 01:52 AM

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QUOTE(lucerne @ May 2 2013, 01:27 AM)
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.
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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.

Chris Chew
post May 3 2013, 02:09 AM

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QUOTE(savants @ May 2 2013, 11:11 PM)
New project coming , 3 Towers , Ampang.
Fr 850psf ,400sqf studio, FH.
Anyone got any idea?
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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.




 

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