LOL same dense as M city ma.
Idaman (old and less dense) transacted price 629 psf
Crest (old and less dense, leasehold) transacted price 550 psf

Let me have my dream come true la. I too poor to afford 800 psf

This post has been edited by HereToLearn: Sep 8 2020, 10:57 AM

Is idaman and crest same grade and size as this star? Quality of facilities, building n all the same?? Location n access also comparable?

Let's see whose right. My take is the first auction will transact at 900-1kpsf. I expect many bidders also.

This star everyday standing in front of auctioneer office, sure kena😆😆😆😆😆😆

800psf also impossible

But but arte and the elements' facilities also nice what from 869psf and 932psf respectively to 369psf (historical lowest) le

This post has been edited by HereToLearn: Sep 8 2020, 11:13 AM

I think 700-800 (about 50% from launching is definitely achievable), 600 would need to have a lot of units to be lelonged at the perfect timing + unemployment combo + loss in consumer confidence

The analysis written it wrongly. M City area, at most can launched at RM 650-750 psf back then.

This Jalan Ampang is very huge different compare to Jalan Ampang near KLCC, the value can be 2-3 times off.

M City or Mah Sing, not surprise if many lelong since the density is so high and late buyers all entered with bulk purchase with cash back.

+100

Also the quality of the fittings is different. I still wonder how the mcity stretched can be used as a benchmark to compare with KLCC proper.

Mcity side can walk to top mall in Malaysia, twin towers, lrt, many other offices, malls and hotels?????

Is it? LOL, i saw lowyat posting psf very very pricey, after rebate all only 740 psf (final rebate), all others kena trapped high

Star residence density is the same as m-city though, star residence also have rebates, and what confidently tells you that there was no bulk purchase?

This post has been edited by HereToLearn: Sep 9 2020, 07:49 AM

Definitely no, thats why i am comparing the possible price drop percentage (from auction), not the psf

I am expecting m city to hit below 400 psf like arte and the elements, but not this project. Expecting this project can trade at 50% premium more than than m-city

This post has been edited by HereToLearn: Sep 9 2020, 07:53 AM

expect star residence to settle down at about 600 psf?

Ok la you win. You're analysis very spot on. Everywhere can use your formula.

When you win star at 600psf you will also get dinner in shang from me. So double win 😆😆😆😆

Hope lafite will be opened by that time.

I simply spam numbers only, win in argument is pointless, must win at 600-700 psf only got point right? If babizzz go buy all lelong unit just before it hits below 700 psf, then I will never get to eat dinner with you lo

LOL, i hope that 600-700 psf day will come early. With malaysians limited disposable income especially during pandemic, hope that my dream will come true next year. It is next year or never.

We can just see the actual location of the Jalan Ampang, no of units within the project and estimated sizes, then can estimated how much the psf it will sell by the developer.

Surrounding M City have plenty of middle end units available. The plot ratio here is maximizing. If RM 740 psf now, i not sure whether buy-able or invest-table or not but I personally think the price is not high given that most of the non KL also selling more than this. However, I personally doesn't believe this area.

For Star Residence, I not sure if there was any bulk purchase, they rather target foreigner market rather than local bulk purchase. Their price range all above 1mil, and nearby KLCC, easily can attract foreigners.

Between we should not keep comparing both because both are totally different product, location, profile buyers, market segment, quality and affordability. They came to HK to do promote the project, my local friend told me some Korean buyers due to their main contractor. But I forgot what rebates they offered me 2 years ago but confirmed not those 25-30% like Mah Sing doing.

Yes, Star Residences & M City is two different grade product. Star just 500m walk to KLCC & 2 minute walk to lrt. Star design is much much better than M city.

Coming soon the Star Residences tower 2 & Ascott hotel will be open .


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@babiz SSOOLLDD today. Can I get a meal from you for consolation? as my dream of getting it at 600 psf is crushed

Unit sold at reserve price 1.15M yesterday.
Single bidder won unchallenged.

This same owner got another unit lelong at 1.1M coming up next. Stay tune.



This post has been edited by AskarPerang: Sep 27 2020, 06:13 PM

The bidder could be developer or his proxy.