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Investment STAR RESIDENCES @ KLCC | ONE | TWO, So tall !!! 2x 61F & 1x 57F

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Marco Antonio Cuevas
post Nov 19 2015, 06:05 PM

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I'm considering a high floor unit. Im a foreign investor. 2000psf in top 10 floors with Petronas view for a 1+1 brm. What do you think smile.gif

This post has been edited by Marco Antonio Cuevas: Nov 19 2015, 06:06 PM
Marco Antonio Cuevas
post Nov 20 2015, 09:52 AM

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QUOTE(limwc78 @ Nov 20 2015, 09:40 AM)
What is your purpose of investment , is it for rent or flipping. This project should be completed in 2020 or 2019. If you want to sell after completed at 2500 psf I think a bit hard.
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Thanks, I'm looking long term 10 years to sell. In the meanwhile I plan to rent to couple or young professionals. How much would you say someone can pay for a 1+1 brm high floor in such project? 820sqf unit 40+ floor. Am I looking at 3000?3500? 4000?

Any help welcome. Thanks, Marc.

Marco Antonio Cuevas
post Nov 20 2015, 03:48 PM

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QUOTE(limwc78 @ Nov 20 2015, 10:57 AM)
troika is a nice building, and build by a good developer and get a lot of rewards. the current rental for there is RM 5000 - RM 6000 for 966 sqf. Selling price is only RM 1500 - RM 1600 psf. I think now is a good buy for investment as the market is slow, those property already willing to reduce 10% - 20% compare to last 2 years. So look for the existing building rather than the new building. You will see a lot of nice building around and worth it.
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Troika is a different condominium, 2brm and biger units. targeted at different renters. I believe there's an oversuply in KLCC of 2brm+ condos but not 1brm. I also dont think anyone would sell at the buying price (1500psf), right?

Any other condominiums that you would look at? (in addition to Troika)

Thanks, Marc
Marco Antonio Cuevas
post Jan 5 2016, 12:16 PM

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QUOTE(accetera @ Sep 18 2013, 11:39 PM)
Will be interesting to see the PSF PRICE as this is high density.
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Offered 2100psf in 46th floor unit. What do you all think? 1+1 unit. I'm signing the purchase agreement.

Marco Antonio Cuevas
post Jan 5 2016, 05:38 PM

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QUOTE(Asali @ Jan 5 2016, 01:55 PM)
What is the meaning of 1+1 unit?
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2 bedroom (1 of them studio with bed) 800sqf.

 

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