That will affect rental game players...

Like that my friend robertson is better lo. Price is 1000psf not so high density n all tower 2 fully booked.

So I actually took a leap of faith, took a studio unit with KL tower view. I thought to myself, how wrong could it go?

Obvious Pro's:
1. Awesome location. Really is 2 minutes walk from the Avenue-K (via the rear exit) to the actual site. Another 2 minutes stroll from within Avenue K to the KLCC LRT. With a prominent landmark a stone's throw away and an already well known functioning LRT (versus certain developments which promises a MRT in the future).

2. It's "Phase 1". If it's right, snap it up early for best return. Some of the discounts, make the ROI (for a buy, semi-hold, sell) reasonably attractive.

Nightmare scenarios:
1. Property bubble bursts. KLCC property has not enjoyed the optimistic increase psf as other KV areas (or southern corridor). My personal view is most likely stagnation or minor dip. Just hold extra 5 years if need be.

2. Developer abandons project. IMHO, low likelihood. Just a risk I'll have to bear with.

3. Entire Malaysian economy goes South, creating a spiralling effect of loom and doom. Would Malaysian government sit-back and do nothing when Vision 2020 is upon us? Can the economy recover in 5 years (since I've planned to hold extra 5 years if required)?

I'm not a BBB fanboy, but as long the development is completed as planed, overall, I think it's all good.

If you early bird at Lobartzai and at lower psf, you can WIN WIN.

But maybe some people just WIN regardless. In KL City market, your chance of getting a MAT SALLEH expat is still high.

Hello everyone, we are the exclusive marketing agent for Star Residences. After much refining, the development held its groundbreaking ceremony on 18 Nov, announcing the award of the construction contract to Samsung C&T. They are an established international builder which has a strong track record, having completed the world's tallest skyscraper, Burj Khalifa in Dubai, and our very own Tower 2 of Petronas Twin Towers. It's an exciting time and we look forward to more good news.

According to The Edge Feb 16 issue, first phase is 80% sold. 2nd phase is scheduled to be launched in September, will comprise of 482 units with built-ups of 700-800 sq ft & will be sold at RM2,000 to RM2,100 psf.