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Investment SUNWAY BELFIELD RESIDENCE KUALA LUMPUR, Sunway gearing up for 2020 New Launch

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Babizz
post Jun 26 2021, 03:47 PM

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QUOTE(Babizz @ Jun 12 2021, 11:34 PM)
TRADEWINDS Corp Bhd plans to launch the first phase of its Belfield project in Kuala Lumpur, comprising high-end serviced apartments. The going price could be below RM1,000 per sq ft for property in a secluded area in the city centre.

“Our price range will be ‘obscenely ridiculous’ at potentially less than RM1,000 psf. But we will not compromise on value. I have seen it being done in other countries and I don’t see why this can’t be done here,” group managing director Datuk Wira Azhar Abdul Hamid says.

https://www.theedgemarkets.com/article/cove...ffordable-price

close to 6 year old article. still waiting for this.
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QUOTE(Cavatzu @ Jun 21 2021, 11:36 AM)
Actually I think it’s going to go the other way. These developers will wait till 118 is ready then launch their “premium” developments on the back of the media hype. Don’t think they’ll sell at Salak South prices.

Sunway would end up being the cheapest on the block which I’m more than fine with.
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tradewin propose pricing 6 years ago. land title is a smaller problem than developer reputation and track record. brows.gif brows.gif

anyway still waiting for this.

This post has been edited by Babizz: Jun 26 2021, 03:55 PM
Babizz
post Jul 7 2021, 11:05 PM

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QUOTE(Cavatzu @ Jun 28 2021, 09:46 AM)
https://www.theedgemarkets.com/article/pnb-...ent-merdeka-118

Looks like rejuvenation of the area has begun.
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https://www.theedgemarkets.com/article/brig...preciation-seen

Further improvement to the area.
Babizz
post Sep 8 2021, 02:31 PM

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After 3 months of no progress.


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Babizz
post Sep 13 2021, 08:03 PM

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QUOTE(jetzxp @ Sep 13 2021, 12:44 AM)
This is probably a few months old. Understand many buyers loan not yet disbursed due to hoc issues. I doubt block A still got many unit now.
Babizz
post Oct 19 2021, 11:30 PM

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QUOTE(EWN @ Oct 15 2021, 08:31 AM)
Want to ask shifu here. What do you of unit type E in Tower A. Would you consider buying it for own stay considering this unit faces block b?
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Type E in tower A is only partial block right? Looks like tower C launching soon. Hearsay block B already 80+% sold.

https://www.thestar.com.my/business/busines...arget-to-rm2bil

Sunway Property has revised sales target to RM2.2bil this year, after surpassing its initial target of RM1.6bil in the first half of the year.

The property arm of Sunway Group launched its “Always with You 2021” campaign in conjunction with the soft launches of its four new developments yesterday.

The four new developments are Sunway Artessa, Sunway d’hill, Sunway Velocity TWO Tower D, and Sunway Belfield Tower C, with total gross development value of RM1.8bil.
Babizz
post Oct 24 2021, 10:38 PM

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QUOTE(LordPennDragon @ Oct 23 2021, 11:26 AM)
How is it now? Sold out?
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Block B around 80% sold. Block A should be 100% by now.

QUOTE(Cavatzu @ Oct 24 2021, 03:53 AM)
Went into the showroom for the first time since signing SnP this year.

I was looking more critically at the finishing etc and have concluded that it’s certainly at a basic functional level but I wouldn’t say it’s luxurious.

Some of the smaller developers seem to have better designs and materials.
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They never really positioned this as a luxury condo. Moreover with many units they just target to be mid high end. I find the design of the kitchen cabs to be a bit weird.
Babizz
post Nov 4 2021, 08:46 PM

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QUOTE(Alfred0612 @ Nov 4 2021, 03:20 AM)
Rumor has it... atleast RM900++ PSF
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At 900psf subsale velocity seems like a better bet since units there are asking below 900psf alrd.
Babizz
post Nov 13 2021, 05:37 PM

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QUOTE(Cavatzu @ Nov 13 2021, 03:22 AM)
Ok I was the busy body and saw the new layouts. It’s pretty much the existing tower tilted perpendicular. No prices yet.

Key things to note:-

Minor adjustments in size
No 4 bedrooms
Largest is 3 bed,3 bath 1200+ sqf, it’s now a type F layout with 2 balconies
Type C layout now faces 118
The type A and D units facing inwards have no balconies
Self contained facilities

user posted image
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Did u check how's the sales rate for tower B?
Babizz
post Nov 25 2021, 02:15 PM

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QUOTE(Timmy Tan @ Nov 24 2021, 11:07 PM)
Heard from Sunway sales staff, will launch early December. Starting price RM680k for 797 sqft. I feel its quite expensive. Block B starting RM630k only for same size.
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680k not bad. You sure block B can get 630k net? Block B type A I remembering is much more than 630k.

This post has been edited by Babizz: Nov 25 2021, 02:16 PM
Babizz
post Nov 25 2021, 04:21 PM

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QUOTE(Fantastic11 @ Nov 25 2021, 01:36 AM)
Block A is RM590K
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Block A early bird from 573k for lowest floor.
Babizz
post Dec 4 2021, 05:29 PM

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New price is out. Not as steep as block B from A price increase

As I saying before remember this Belfield got 1330 units and this kinda of price for investment is very hard.

This post has been edited by Babizz: Dec 4 2021, 05:39 PM
Babizz
post Dec 5 2021, 12:01 PM

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QUOTE(propertyowner @ Apr 30 2021, 04:05 AM)
Investment perspective only happen for Tower A. Other than that it's contributing shareholders and staffs bonus.
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Old but interesting statement. lets see how will tower B and C unit for investment end up.

For type A tower C will still be partially block view by both tower A and B right and then later on can see the other cemetery corect?

For some type A units i remember the price,

Tower A - cemetery view for mid to higher floor, noisy from jln istana but full unblock view
Tower A to Tower B - Up more than 85k for full block view facing tower A n some cemetery view beyond block A but rooftop nicer view
Tower A to Tower C - Up more than 115k for lower density and partially block view but rooftop nice view. less cemetery view.

tower C facility tower A and B can use?
For invest how opus doing? i seeing asking rental drop quite a lot.

This post has been edited by Babizz: Dec 5 2021, 12:07 PM
Babizz
post Dec 6 2021, 03:29 PM

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QUOTE(Cavatzu @ Dec 5 2021, 06:11 PM)
Opus’s biggest weakness is the very poor entrance experience. It’s sandwiched between old dilapidated shops with some homeless ppl and a cheap public car park. To pay 1500 psf for this is a huge slap in the face.

It will take at least another 5 years of gentrification for the owners to recoup their capital value.
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I believe opus main issue is crazy selling price despite completion easily 3 years before 118 completion. Prices will continue to drop bcos weak demand. Surrounding also dodgy.

However opus location being opposite 118 is guarantee for life with no future blocking.

After 10 years maybe can't get their purchase price

This post has been edited by Babizz: Dec 6 2021, 03:50 PM
Babizz
post Dec 11 2021, 11:45 AM

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Seems to be progressing well.


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Babizz
post Dec 23 2021, 07:00 AM

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QUOTE(agoodlistener @ Dec 22 2021, 01:58 PM)

This kind of time, as a consumer I’d rather bite the “inflated price” bullet than getting a cheap deal. They say one cent price, one cent quality, this is true for any business ran by any businessman.

But yes, objectively speaking, Sunway so far quite reliable, for sure.
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All developers need more buyers like you.
Babizz
post Dec 30 2021, 02:35 PM

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QUOTE(rotaiva @ Dec 27 2021, 06:55 AM)
Anyone has any latest aerial view or photos of the project site, kindly upload here.
Thanks  smile.gif
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Babizz
post Jan 9 2022, 11:01 AM

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QUOTE(Cavatzu @ Jan 8 2022, 12:03 AM)
I think 118 is potentially it’s own centre of gravity so there’s that. This place can also compete with KL Sentral if cheap enough.
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KL sentral got top Chinese school beside?

Belfield got how many trains within close walking distance? How many trains can walk covered?
Belfield got many MNC and GLC within walking distance?
Belfield got how many hotels?
Belfield got malls within close walking distance?

Other than school KL sentral win 10000%. This same argument happened in opus thread of 118 vs KLCC

Babizz
post Jan 9 2022, 11:06 AM

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Wait for 118 to open doors but how will SB do for investment?

Easy to compare with opus after completion of 118. For now SB block B and C for investment..........

This post has been edited by Babizz: Jan 9 2022, 11:10 AM
Babizz
post Jan 9 2022, 11:07 AM

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QUOTE(Cavatzu @ Jan 8 2022, 12:03 AM)
I think 118 is potentially it’s own centre of gravity so there’s that. This place can also compete with KL Sentral if cheap enough.
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KL sentral got top Chinese school beside?

Belfield got how many trains within close walking distance? How many trains can walk covered?
Belfield got many MNC and GLC within walking distance?
Belfield got how many hotels?
Belfield got malls within close walking distance?

Other than school KL sentral win 10000%. This same argument happened in opus thread of 118 vs KLCC. Look at where opus is now.

This post has been edited by Babizz: Jan 9 2022, 11:14 AM
Babizz
post Jan 9 2022, 11:07 AM

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