I spoke to the MS agent why the discrepancy in the news with 85% sold and supposed sale of block E and F. She told me that block E and F has been sold en-bloc. Not sure if true or not.

I think its under HDA, housing development act, so the water and electric bill shud be residential rates. But cukai is commercial rate.

If according to the MS sales agent, block E and F has been sold en bloc to god knows who. So their sales are actually quite good.
And with the coming GST, property developers will try to launch their property before 1st april 2015 as they can ask for extension for 48 months during the construction period if i'm not wrong. So property prices after April 2015 will jump and this will in turn increase the entire property market price to another level.
So i think most people are afraid of this and will buy units which are affordable. However, the offset is that the BLR might increase another 0.25% in December, which will dampen sales especially people who flip properties.

Just my 2 cents.

Nope it's under housing developmental act. The whole title is commercial but under HDA the electric and water is residential rate. Alot of developments are doing this now.

The construction itself wont be affected by GST, just after it is build as it is commercial title it will attract the GST for the maintenance service but 1st year free maintenance.

About the incinerator project, it will affect the whole area of kepong/selayang/batu caves. But even with the news of the incinerator project the property prices around this area is climbing. Just last year i was surveying Selayang point (2km from the proposed incinerator project), it was about rm330k. Now rm470k, really regret not buying.

With the GST, i'm sure there will be another jump in property prices in the whole of Malaysia. So if you see a good deal, grab it before too late. It can be any project.

From what i understand about the commercial title under HDA:
1. Higher assessment property rate annually
2. Maintenance charges are affected by GST.

but the electricity and water is under residential. So those 2 things are the only difference.

This post has been edited by alex_angelus: Aug 23 2014, 02:35 PM

Actually the best tower is tower A, unit 5 which will give you KLCC view for all rooms and balcony will get KLCC view and part of the lake. You are also protected by the evening sun.
Tower A unit 6-8, the balcony will get KL skyline view and the lake.
Tower A unit 1-4 is facing the podium of facilities.

Tower B unit 5-8, the balcony will get KL Skyline view and the lake but unit 8 will be hot as it is facing west.
Tower B unit 1-4 is also facing the podium of facilities.
Tower C and D which is directly facing the lake, is good for the view but will be hot as it is also facing west.

So it depends on whether you don't mind the apartment being too hot, just for the view.

Sitting on grade? The HTC is actually very far if you notice from visiting the site.
At least 200m away. There's the guard post and a few houses in btw.

So i still think the best unit would be block A unit 5.

This post has been edited by alex_angelus: Aug 23 2014, 02:39 PM

According to the MS agent, E and F sold en bloc but dont know if true or not.

Should be 7% vs 4% but could be 10% vs 4%. Have to check on that with DBKL.

Sorry but i cant upload the pic from my hp. Not sure how to do it. But there is only A1, A2, B4 and B6 designs

Yup, in the end have to wait and see the bill statement. But all serviced residences are under commercial title.

All serviced condo which are under commercial title will attract gst for their service. Eg centrio, Eco world. Any which have the word serviced condo or under commercial title