SOHO for 2 blocks, residential another 2 blocks

any particular differences btw soho and resi units there? in particular about unit itself, lobby, security and etc?

with such huge supply in a single development, will the asking price stay??!

hopefully the asking price ll stay....

let's see........

Lu funny lah

You ask question
You answer yrself...

Then what are we doing here?

Nothing much different I'd say. Same utility rate, share same facilities.
Only different is the size and layout lor.

Block A (studio), B (resi), C (resi) share grand lobby, Block D (studio) has own lobby

After grand lobby blk A will have dedicated lift lobby cpmpared to b n c?

Had a peek at one of this today.

Was brought there by an agent to see several subsale units, pool was quite crowded today.

They also were having a fair on IDs and renovations, never realised what are in the market these days.

My take and it is based upon the Studio and 2 bedroom unit only :-

Pro :

-Very windy as you are the tallest building, the carpark podium itself taller than 90% of the surrounding buildings.
-Good build quality, credit to the developer and contractors. Clearly the developer knew what they were up doing.
-Tastefully and thoughtfully done up common areas.
-Quite a good location.
-Some studio units you could view KLCC, KL Tower and TRX
-Price is quite good though expensive for the neighbourhood.

Cons :-
-Not walking distance to a LRT or MRT station.
-Leasehold.
-Lake is a public access but will be maintained by JMB or so it seems.
-Some studios don't come with a nice view and faces MRR2 which can be noisy if you open the windows.
-Density on the high side.

Rental for a studio = RM1100 for semi furnished (all units are semi furnished by developer). RM1400 for fully furnished. 2 bedroom RM1400 for semi furnished.

Worth buying?? An interesting stat from a developer staff: 70% of buyers are under 35 years old, 92% Chinese and 80% of buyers are 1st home owners.

Lelong units? Probably won't be anywhere near as many as many are expecting.

This won't be a good indication of whether M Vertica would do badly or not as both are 2 very different types of properties.

Assume buyers bought for investment. Did minimal to rent out semi furnish at RM1100.

Bought at 300k. Loan 270k.
Monthly loan repayment: RM1278 (4.5%, 35 years)
Maintenance fees: (0.30 psf+10% sinking fund) X 450 sqft = RM148

Nett negative cashflow monthly = RM326
Exclude yearly cost such as quit rent, assessment fees, fire insurance, etc.

Not the worse investment.
Expecting Liberty Arc project off Jalan Ampang to fare much worse in the future.
1600+ units of pigeon holes studio. Come with identical full furnish from the developer.

Just a slight correction, there ARE some developer units leftover.

450sf units but only 1 agency can sell it.

Ok bro noted thanks for informing ... we know you know a lot . You’re everywhere bro car Property klcc all you know . Congratulations bro . Bjorn

Erm....wait a minute. What happen here? The sudden drop in prices.

fishing leads... too many subsales agents there already... its like agency fair down there near the VP area... lolz....

One key term should be 80% first time buyers that will partially dictate rental n lelong.

Not a drop in price.

Anything between 700-800 is you are living in a partitioned off portion. Notice how it states 300sf instead of 450?

Whole unit under RM1k means no parking space.

that's not studio unit. is 775sf dual key unit smaller room 300sf.

Got shuttle service here? Not mistaken in the propcafe review stated will provide shuttle bus/van service, not sure to where.
Coz dont think anyone without a vehicle able to stay in this place. I mean for convenience to move around sake.

No wander. Yeah you are correct. Should be the dual key "studio" portion of the bigger size unit:

Studio renting below 1k?

Shuttle bus is to Velocity and MyTown

i have 1/2 units is renting 1k. interest? pm me