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

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propertyowner
post Dec 5 2020, 08:59 PM

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QUOTE(ZackQ @ Dec 5 2020, 08:40 PM)
Who will be the targeted tenant for this area? Is walking distance+experience to monorail within Malaysian tolerance level?
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Malaysians who took monorail to commute daily will not pay 3k rent per month.
propertyowner
post Dec 6 2020, 03:01 AM

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QUOTE(Zwean @ Dec 5 2020, 09:02 PM)
...... you would be surprised  sweat.gif
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Am yet to be surprised for monorail..
propertyowner
post Dec 9 2020, 06:28 PM

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QUOTE(Ask.Property @ Dec 9 2020, 05:09 PM)
sales will still be good, just a matter of the loan margin that will be getting haha.. alot ppl made money from stock market willing to pay more on downpayments
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to be exact sales will only be good for the smallest units only. plenty of units to choose beyond that, so the rests would suffer slow take up just like Sunway Serene..
propertyowner
post Dec 11 2020, 01:18 AM

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QUOTE(surf-it @ Dec 10 2020, 11:32 PM)
knowing sunway, I think 2 years can gao dim already
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which recent projects of sunway gao dim by 2 years?
propertyowner
post Dec 11 2020, 02:28 PM

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QUOTE(surf-it @ Dec 11 2020, 01:30 PM)
those without commercial elements like sunway mont kiara and sunway SK
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Both took more than two years. It will be amazed and should be awarded if developers could complete high rises within two years

propertyowner
post Dec 14 2020, 03:25 PM

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QUOTE(DragonReine @ Dec 14 2020, 01:57 PM)
yea Sunway mmg hav BA promos, to preferred banks employees and employees of other services that work closely with Sunway group

friend in bank got 2% BA discount for Serene, dunno if Belfield got similar % of discount
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Belfield has higher discounts, which is 3%. Also the privilege to choose from choice units before public. Hence the smaller units would be snapped like mentioned earlier.
propertyowner
post Dec 15 2020, 04:40 PM

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2nd block will launch in 2022.. 3rd block in 2023 (phase 2)..

But all complete same time. Sunway really cash rich hmm..
propertyowner
post Dec 18 2020, 04:18 PM

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QUOTE(Babizz @ Dec 18 2020, 01:52 PM)
Take-up rate is very good for certain sizes.
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No surprise la.

Type A below 20th floor already booked in past weekend by the staffs. Not many also it just 44 floors x 2 units for all. Above 20th can see cemetery already. And car park at 8th floor.

Then public usually just take up the remaining of C or E which has the tiny views of PNB118.

Also please note there are no obligation or penalty for cancellation also, after paid 10k.

The rests, would still need some efforts to clear.
propertyowner
post Dec 18 2020, 04:20 PM

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QUOTE(jetzxp @ Dec 18 2020, 04:16 PM)
Still quite affordable for its access to city.
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Looks like they are targeting families with 3 bedders etc.

This post has been edited by propertyowner: Dec 18 2020, 04:27 PM
propertyowner
post Dec 18 2020, 10:35 PM

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QUOTE(Babizz @ Dec 18 2020, 05:30 PM)
There were a handful of type A units below level 20 in the morning. These are open to the public. a lot of the sunwai staff bought various sizes for ownstay.
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Please note those are with not ong numbers like 164, 174, 153A.. even staffs don't want it..

And again all bookings r without obligation/penalty for now, it can cancel anytime (given a month to sign SPA) with change of mind..

If you observe total staffs booking vs their employee size, you'll find out this project generates much lesser interests if compared to their recent projects like Sunway Geo Residence. Guess due to Covid ppl tend to be more prudent..
propertyowner
post Dec 18 2020, 10:36 PM

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QUOTE(Babizz @ Dec 18 2020, 05:56 PM)
Velo 2 early bird price is much much more than this. For investment velo maybe easier to rent out. Here no commercial or mrt/lrt within walking distance.
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Got. Walking distance to monorail, which is just 2 stations away from KL Sentral.
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post Dec 18 2020, 11:36 PM

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QUOTE(infernoaswen @ Dec 18 2020, 11:22 PM)
I used to work at bukit bintang (2 years ago), took monorail a few times. After a few months of continuous disappointment I just stop using it & used the lrt as an alternative mode of transportation & walk from KLCC all the way to my office (15-20mins walk). What I am saying is if I am willing to do that, you can imagine how bad the monorail is & expect others would use it as their last resort. So no, monorail is not a selling point to me imo. The monorail is so horrible, ask anyone who used it before for their daily commute & I bet they would agree with me.

From rental tenant point of view if I were to look for a unit to rent, monorail would be out of my list & therefore this project. Its been awhile since I took it, maybe things have improved but I honestly doubt it. I would suggest those who are interested to do a weekday test via the monorail after covid is over.
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Concur with you bro, earlier I commented that those buying this project likely not taking monorail as their choice to commute. However it's still a selling point for developer that worth highlighting. Overall the experience is not that painful as it's just stations away from most preferred MRT.
propertyowner
post Dec 19 2020, 02:37 AM

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QUOTE(Babizz @ Dec 18 2020, 11:58 PM)
But even 18-03 was available. And Many 3A units were picked up by staff or earlier buyers above level 20.

Guess they are not afraid of potential tenants concerns. The future blocks type A will be facing into this block. Can consider for those thinking of this belfield.

Actually for those investing in the higher units for both type A and type D, believe it could be for ownstay??

Anyway anyone wanna share referral fees can PM me 😂😂
But the monorail is nothing like the lrt or MRT. It used to be really terrible. However, I just took it yesterday at 7pm and the wait time is much shorter than before. However the real concern with the monorail is how it's very small and you'll have to wait for people to get off. This is the 3rd station into the city and people rarely get off here or in tun sambanthan.
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18-03 was taken at first but buyer cancelled it, same goes 13-03A. It goes by individual choice as some preferred high floors for better view and "perceive" to be less noisy (altho it traverse upwards). Some avoiding high floors as that cemetery view is quite clear from drone view especially day time.

For investment, I do think that as long you able to hoot type A is considered good with upper hand, as those are very limited over the 1.3k units; you'll just need to compete with 2xx+ units whereby the others are competing for 1k+ units. Just pondering why the staffs or BA not able to sapu despite heavily discounts, limited & still available for today 9am hahahah. Heard block 2 & 3 would be more expensive already and they justify that saying it is quieter (distance away + shielded by 1st block), coupled by podium view and unblocked sky deck towards KL City Center. But that's for the future 2022/2023 smile.gif


propertyowner
post Dec 19 2020, 08:34 PM

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QUOTE(patpatpatpat @ Dec 19 2020, 06:36 PM)
I think block b is a better buy since direct view 118. But dunno when they will launch it. The sales man say the selling price will be 3 to 5% higher then block a.
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Please check with your SA again. It's actually 5-8% in today's plan.
propertyowner
post Dec 19 2020, 08:39 PM

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QUOTE(SPHead @ Dec 19 2020, 03:46 PM)
Whao 70% booked. Not bad after Park place this year.

Is there a covered walkway to 118? Or sunway just widen the road?
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Based on the sales chart shared earlier, there are about 190 units available, which means 250 units were booked after showcase for more than a year.

So that translates to 56% take up rate.

What's the conversion to sold then (pass loan & sign SPA)?
propertyowner
post Dec 20 2020, 01:05 AM

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QUOTE(Babizz @ Dec 19 2020, 09:44 PM)
If you're facing the istana, the view on the low floors will be quite good. Saw the drone shot from the lower floors.
Showcase for more than a year??? I thought cheques only opened 2 weeks back. They have been advertising but not much details before this.

Anyone got the sales chart today?
This article below is really good on kampung attap.

https://www.theedgemarkets.com/article/unco...operty-hot-spot

There are a few good cafes there like Tommy Le Baker.
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Showcase means property showcase. The project is already known to public in last prop fairs & also MAPEX.

From the article, it seems all would eventually turn into high density developments. Not so good sign if it's trending into competition products like jln ampang whereby investors couldn't recoup both rental & purchase price.
propertyowner
post Dec 20 2020, 01:08 AM

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QUOTE(WahBiang @ Dec 19 2020, 11:30 PM)
I see, the Salcon is 41 storey, so if facing that side, buy above 42 storey??
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Biang ehh.. I think this project is out of ur budget ler.. should be 800k onwards.. got floor + view premiums somemore..

Maybe buy 2 of your Residensi Seasons Garden is more worth?
propertyowner
post Dec 20 2020, 01:22 AM

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QUOTE(Babizz @ Dec 19 2020, 11:01 PM)
Belfield crest is the plot of land between Sunway belfield and jln maharajalela. If 118 is the centre think of it as the front of sunway is this salcon, right hand side is tradewinds. Only the back(istana) and left side(kl sentral) will surely be unblocked. This is also one reason why unit 6 is very well taken up.
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Yeah unit 6 is really good for long term objectives. Just wonder the space between block 1 & 2. From scale model looking abit confined hopefully by distance it's still comfortable. So basically there are no PNB view with this Salcon in future.
propertyowner
post Dec 20 2020, 04:14 PM

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QUOTE(WahBiang @ Dec 20 2020, 04:08 PM)
Then pick cemetery view, cheapest psf...
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Wrong advise.. small size is higher in psf..
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post Dec 20 2020, 06:36 PM

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QUOTE(servo118 @ Dec 20 2020, 06:00 PM)
Then why not bigger type (3bed, 3 bath) unblock view facing Jalan Istana (Old Istana Negara) ?
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Hv you been to the gallery to check out the view & sites?

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