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

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gks
post Oct 5 2015, 02:28 PM

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QUOTE(marvellHero @ Oct 5 2015, 02:21 PM)
This is very expensive project. I am not sure whether local buyer will be attracted to buy this property.

Recently, I saw many cranes over there, however, it seems no major development activities. Maybe someone can tell me what is the progress right now.

KLCC area is now over supply. You can see it at the night time. few lights on means that the occupancy rate is low.
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Which condos that you see the lights are few?

Troika?

Similarly to all location, you need to know how to separate chaff from wheat. If you generalise everything you will miss out many opportunities. smile.gif
gks
post Oct 5 2015, 02:29 PM

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QUOTE(Hartamas @ Jul 15 2015, 11:13 AM)
Here are some preliminary images : part of the RM10mil facade[attachmentid=4598005]
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The facade is quite cool rclxms.gif
gks
post Oct 13 2015, 12:58 PM

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QUOTE(marvellHero @ Oct 5 2015, 02:52 PM)
Based on my observation the following condo has low occupancy rate:

- Hampshire park
- Hampshire residence
- Hampshire place
- 2 Hampshire
- Panorama
- Cendana Condo
- K residency
- One KL
- The Pearl
- Idaman
- Mark residence
- My Habitat
- Putri YKS

however, maybe I'm wrong, advise from all property sifu in this forum is much appreciated smile.gif
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From the list above, you probably just spread the net over the klcc condos.

Some of the KLCC condos are majority owned by who's who and they do no mind leave it empty. If you are not up to the rank, obviously you will be surprise to seen empty condo, no transaction but prices holding.

This post has been edited by gks: Oct 13 2015, 01:00 PM
gks
post Oct 13 2015, 12:59 PM

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QUOTE(marvellHero @ Oct 12 2015, 04:43 PM)
Not really related to the big unit though...
Relatively smaller unit at Idaman, Hamshire, My Habitat, Mark residence, Panorama, and summer suites also not occupied by the tenant/owner.

To me, I can conclude that due to over supply....
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When was the last time you been to these condos? doh.gif
gks
post Nov 20 2015, 04:11 PM

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QUOTE(Marco Antonio Cuevas @ Nov 20 2015, 03:48 PM)
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
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for one bedroom in KLCC, you can look into

1. Marc Residence
2. Vipod
3. Panorama
4. SOHO Suites@KLCC
5. Binjai8
6. Hampshire Place
7. Hampshire Residence

Cheers!
gks
post Nov 20 2015, 04:47 PM

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QUOTE(limwc78 @ Nov 20 2015, 04:42 PM)
Troika the launch price is rm 1000 psf. Now RM 1600 consider appreciate.  Troika do have 1 bedroom.

Like gks mention the condo, I personal like vipod.

However compare Troika and Vipod. Definitely Troika win.
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The beauty of vipod it is sandwiched between Pavilion and KLCC.

Not many condos can beat that. and expats love the location.

Furthermore, the size is compact and therefore affordable rental versus similar setup in other condos.
gks
post Feb 26 2016, 02:32 PM

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Been to the sales gallery. in general must say the overall concept has nice vibe and layout is practical.. Some notes from the visit.

1. those layout with sharp edge just waste of space as practically the owners couldn't play much with space or any furniture placing. Hence a round sofa on the living
2. The finishes on the flooring could be better than just use engineering timber flooring. For the price tag, it should be solid timber and nothing lower.
3. Design flaw such as wood flooring across the unit inclusive the kitchen area. In medium term, the flooring will give away due to seepage of water, oil etc. Marble flooring should be used instead
4. Once completed it should be one of the most iconic façade with varying window frame and cladding.
5. Marketing with target retailers will commence very soon.

In summary, quite a good product and location within KLCC vicinity however I think the premium is slightly on high side.


 

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