any progress pics? why need SG company to market? sales not good meh?
Investment STAR RESIDENCES @ KLCC | ONE | TWO, So tall !!! 2x 61F & 1x 57F
Investment STAR RESIDENCES @ KLCC | ONE | TWO, So tall !!! 2x 61F & 1x 57F
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Jul 9 2014, 12:09 PM
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#1
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All Stars
12,523 posts Joined: Feb 2013 |
any progress pics? why need SG company to market? sales not good meh?
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Sep 18 2014, 11:04 AM
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#2
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All Stars
12,523 posts Joined: Feb 2013 |
I feel Star is quite affordable compared with many other KLCC/BB condos.. tribeca n face platinum being some of the names..
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Sep 18 2014, 11:10 AM
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#3
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All Stars
12,523 posts Joined: Feb 2013 |
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Sep 18 2014, 11:26 AM
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#4
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(puchong@residenz @ Sep 17 2014, 09:14 PM) I heard the Sales people are going oversea to find customers. Properties in KLCC is not what most local folks will usually buy. I supposed Tribeca and others will also have to find oversea buyers. wahh i was under the impression that sales was very good.. smart developers will go overseas first then only sell local.. let all d foreigners sapu so they less stress. i think Tribeca sold like 45% to foreigners.. tht one is d most overpriced condo in KL IMHO.. If star is 1.5k, DC residency(also market overseas kau kau) is 1.4-1.6k so star is more worth it than DC lorr.. i like to wait for recession than this foreign investors will fold one.. u see Seni MK many auction.. |
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Dec 15 2014, 11:26 AM
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#5
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All Stars
12,523 posts Joined: Feb 2013 |
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Dec 15 2014, 10:59 PM
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#6
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(mataseri @ Dec 15 2014, 01:22 AM) yeah right short term... total 5-year wait for that to happen. haha, klcc very hard leh... unless my neighboring plots all developed d.. if got construction, sure hard to get tenant..now mews is undercons. baru tingkat 1. ini pun bising. nanti star res pulak. i agent also. condo kuning sebelah is selling at 700psf. mau tak mau? KLCC rental now slowing down ah? |
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Dec 17 2014, 07:33 AM
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#7
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(mybenz @ Dec 16 2014, 01:58 PM) Still not sold out ? What's the abs entry price for this one? 1.6kpsf hmmm in the future, carparks in the city centre will be a commodity (will have to pay much more than now). something like NY n all where carparks cost usd800-1000+ per month.. It is really a turn off unit is without car park ..forcing owner to rent ... Nowadays no give car park how to buy.. |
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Dec 19 2014, 01:51 PM
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#8
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All Stars
12,523 posts Joined: Feb 2013 |
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Dec 20 2014, 10:05 AM
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#9
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All Stars
12,523 posts Joined: Feb 2013 |
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Oct 13 2015, 08:41 AM
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#10
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All Stars
12,523 posts Joined: Feb 2013 |
not gona comment on oversupply but dis developer is among the worst ones in KV in terms of final product, progress etc..
Ask any1 staying in tijani/arata or any other of their projects like the wharf n u will find out.. This post has been edited by Babizz: Oct 13 2015, 08:45 AM |
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Jun 20 2019, 05:48 AM
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#11
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All Stars
12,523 posts Joined: Feb 2013 |
Facade looks like crap
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Nov 19 2019, 08:44 PM
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#12
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All Stars
12,523 posts Joined: Feb 2013 |
One of the trashiest buildings in KLCC. Super high dense.
Expect rock bottom rental and subsale!! |
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Aug 30 2020, 05:16 AM
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#13
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(AskarPerang @ Aug 29 2020, 03:19 AM) Lelong unit check in. This is the bank value and first auction?? Much lower than launch price right. 1-51-7, Residensi Star 1 & 2 Reserve price: π₯π₯RM 1,150,000π₯π₯ Freehold 851sqft (Type B3) Auction date: 26-Sep-2020 (Sat) » Click to show Spoiler - click again to hide... « 1700 units here. no eye see. |
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Aug 30 2020, 02:12 PM
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#14
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All Stars
12,523 posts Joined: Feb 2013 |
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Sep 8 2020, 06:55 AM
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#15
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(W.ROOK @ Aug 30 2020, 12:20 AM) Looks good but many thousand units. One term from the video : very hot rental market. Let's see whether I'm right or him. QUOTE(DavidKool @ Aug 30 2020, 01:45 AM) Not sure if there are other developments with such high density. Look at the lelong post below. Your friends dodged a bullet.Star looks not bad, my HK friends and I are looking into it about 2 years ago but the Ascott block priced us out with over RM 2k psf. The earlier blocks, agents gave us few indicative launched price few years earlier, some say RM 1.4k+ and some say RM1.6k to 1.8k psf QUOTE(HereToLearn @ Sep 4 2020, 06:10 AM) Lelong already started at 1118 psf (950k for 850sqft). Too many units, confirm lelong out a lot Means first round lelong also lower than SnP and nett price also. Launch price about 1500-1700psf. feels like m-city lelong all over again, can slash more than 50% from here. Just die die wait Opportunities to come soon Let the party begin! This post has been edited by Babizz: Sep 8 2020, 08:02 AM |
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Sep 8 2020, 10:46 AM
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#16
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(HereToLearn @ Sep 7 2020, 08:25 PM) M city avg launching price: RM1,408.7 psf Your analysis Tak boleh pakai π everything compare with m citySource: https://www.propertyguru.com.my/new-propert...y-ampang-113706 Lowest lelong 540 psf, expect to drop even more. But lets just use this number to more conservatively predict price drop, 540/1408 = 38.4% Star lelong can get 1600*38.4% = 613 psf Lowest ever this will go is 800psf. At that price is quite a steal in KLCC. This post has been edited by Babizz: Sep 8 2020, 10:49 AM HereToLearn liked this post
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Sep 8 2020, 11:04 AM
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#17
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(HereToLearn @ Sep 7 2020, 08:56 PM) LOL same dense as M city ma. Is idaman and crest same grade and size as this star? Quality of facilities, building n all the same?? Location n access also comparable? 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 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 kenaππππππ |
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Sep 9 2020, 06:53 AM
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#18
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(DavidKool @ Sep 8 2020, 10:58 AM) The analysis written it wrongly. M City area, at most can launched at RM 650-750 psf back then. +100 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. 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????? |
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Sep 9 2020, 10:38 AM
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#19
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(HereToLearn @ Sep 8 2020, 05:43 PM) Definitely no, thats why i am comparing the possible price drop percentage (from auction), not the psf Ok la you win. You're analysis very spot on. Everywhere can use your formula. 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 When you win star at 600psf you will also get dinner in shang from me. So double win ππππ HereToLearn liked this post
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Oct 24 2020, 10:03 PM
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#20
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All Stars
12,523 posts Joined: Feb 2013 |
QUOTE(AskarPerang @ Oct 24 2020, 04:52 AM) Last unit sold at 1.1M. How many rounds already?This unit at 880k only. Same owner. Good luck. 1-50-7, Residential Tower 1, Star Residences One Reserve price: π₯π₯RM 880,000π₯π₯ Freehold 710sqft Auction date: 07-Nov-2020 (Sat) » Click to show Spoiler - click again to hide... « |
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