Was there this morning. Most units facing KLCC gone. Sales is fast and furious. Mostly 625 sq ft single bedder. There's 40th plus floor ones going @ RM1800 psf.When I was there, only 6 units KLCC view left.  Have to be careful as only 2 units per floor faces KLCC between RT2 and RT3. Not for me, price too expensive and too high density.

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.