Dont know izit expensive anot? M City also selling psqf RM 1400.
I hear my friends said 3 towers will be the cheaper at jalan ampang. Now I looking for invest 1m+- at KL area.
That's why I look for novo or 3 towers or m city.

Super expensive by every standard.
Guys star residences also only about 1400 ish (dont say high supply there thats KLCC this is gleneagles).
This location should be 1.1k only. U will find it very hard to find a tenant to cover your installment

Agreed. This novo price is totally not justifiable. Cant see any potential upside. If klcc area, still can accept pricing @1400psf.

I can see alot of downside The sales agent whose on this forum should read this and reduce the price
From google maps, the site looks like it's freaking 4-5km away!

Wondering how is the sales? Min above 1mil Any water fish bite this bait?

The SA haven't message me yet. U gona see the showroom ah?

The SA haven't message me yet. U gona see the showroom ah?

I dont want to be the water fish.

cloud kor, I know u won't end up buying this condo cos u know it ain't worth it.
Any condo's u targeting now ah?

Not easy to spot the gem nowadays. Not like few years back.

Agreen!

This post has been edited by darek_foo: Jul 29 2014, 10:19 PM

Yes!!! Agreen, that why if I invest I will thinking to invest 3 towers.
I asked agent, they selling RM900 left right psf only, lower price starting 380K++ for studio unit. (deplux for 780k++)
soho concept, the agent said can be stay or office. 3 Towers after I calculate 380k++ installment lower.
The agent said future if rental psqf RM5 already can cover installment plan, but finally only thing I worry studio will very hard to rent out at kl area.
Novo is how many sqf for the minimum size?

ya jus imagine if novo after discount 1300, how to compete with 3 towers 900.. lower price point wins in most situations given the same location

btw, 3 towers can't rent for RM5 psf, if can get RM4 upon VP considered very lucky d.. most likely RM 3.70 ish.
Star today said average rental in the city centre is RM 3.96 n some KLCC condo's like parkview still going for less than RM5..

Those rich Russians have extreme luxury fancy taste. This development could be whole new level of luxury condo in kl city.

Here is Malaysia,not Russia. Their taste doesn't work here. Investors buy for returns and not for sake of buying.

Really? because I checked before GE Mall office lot, now renting RM5 psqf, some more 1500sqf above.
bigger unit can rent for RM5 psf. If 3 Towers rent target go for office will better, because agent told me facilities suitable office lot.

This post has been edited by darek_foo: Jul 30 2014, 10:32 AM

Oh i was counting based on residential unit.. I think office got alot of new supply duno how's the future market la..but if u can get GE mall office tenants to move over than ur investment will do well =)

office lot yes, is worry over supply, if residential very hard to invest at kl area, psqf too high for me, but I asked 3towers agent, him told me 3 towers running difference concept somemore they running facilities with office lot new concept and also 3 towers side sqf wont so big have mimimun 400sqf or 832sqf(deplux) very good for market, I think no bad !!
Nearly kl area all need to rent RM8 only can cover installment, 3 towers RM5 already can cover installment, because I checked 3 towers psqf RM880+- only.
You can go and ask this agent 0166505872. That is 3 Towers agent,

Seriously? KL rental rm5 sqf can cover installment plan?