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Investment SUNWAY BELFIELD RESIDENCE KUALA LUMPUR, Sunway gearing up for 2020 New Launch
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Cavatzu
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Oct 26 2022, 06:46 AM
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QUOTE(butthead76 @ Oct 26 2022, 05:39 AM) Don't worry they will build covered walk way just like velocity township. Sunway no cincai work. But 400m a bit far to walk. There at night scary. The whole area should be reactivated when 118 is ready. Bright lights and occupied shops will hopefully be the norm. Just need time and confidence. The neighbouring site is already fast becoming a hipster haven. Change is afoot when cafes can charge 20 for a coffee. This post has been edited by Cavatzu: Oct 26 2022, 08:16 AM
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Cavatzu
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Oct 26 2022, 11:28 AM
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QUOTE(lewissac @ Oct 26 2022, 09:42 AM) 400m isn't really far. At least closer than the Artessa walk to Sri Rampai Station (500+m) or from Sunway Avila (800+m) We really are the fattest nation in ASEAN. It’s a 10 minute walk, then to get to Petaling St or 118 site it’s under 1 km/ 20 min walk. Lalaport is maybe 1.5km/ 30 min walk. To me all of this is walkable and there’s so much to see on the way.
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Cavatzu
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Oct 27 2022, 08:51 AM
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Should hit up PNB for funding for Attap covers all over the district. Interesting for tourists.
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Cavatzu
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Oct 28 2022, 10:08 AM
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QUOTE(Osob @ Oct 28 2022, 08:31 AM) If a covered walkway is built, will it affect the material handling/construction on those empty lands? Even it’s not affecting, those new buildings on those empty will benefit the covered walkway as well. Do you think Sunway will wanna build the covered walkway that benefits others then? True. Something like the Eupe development would benefit greatly from any infrastructure whilst being cheaper than Sunway.
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Cavatzu
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Oct 28 2022, 01:37 PM
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QUOTE(Snacky1100 @ Oct 28 2022, 10:41 AM) 1) No, logistics for construction material handling would not be able to use the same pedestrian walkway by safety law. 2) Budget, maintenance, branding, and authority approval are important factors if a covered walkway is being considered. "Building a covered walkway will benefit new buildings on empty lands" would be the last point of deliberation and too petty for a top developer/conglomerate like Sunway.  How are we supposed to think when developers are really scrimping and saving for their bottom line. Plumbing pipes made of paper etc. Bottom line is if you weren’t promised it don’t expect it. It’s not like our beauty standards are that high if you get a bit darker or tan.
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Cavatzu
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Oct 28 2022, 02:06 PM
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QUOTE(Snacky1100 @ Oct 28 2022, 01:51 PM) Exactly. My reply is for those buyers who expect Sunway will always build covered walkways for them because they did it for other projects. If we want it we would need to demand it repeatedly or crowdfund ourselves. Pretend to be buyers for block C and tekan a bit. “How nice if this premium apartment came with a covered walk way.”
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Cavatzu
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Nov 9 2022, 08:31 PM
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QUOTE(Osob @ Nov 9 2022, 08:19 PM) “Sunway Belfield is such a big residential development there, plus the Kuen Cheng High School is nearby. We can have a big catchment if we plan the development right and introduce the location correctly. “The project will be something very different from what we have done earlier. It may be small, but we never define the project size by the quantum because small projects too can create a big impact.” He adds that the project will be designed for young professionals with middle to high income from the surrounding areas. The developer is looking to launch the project in FY2024. www.theedgemarkets.com/article/cover-story-eupe-strengthens-foothold-central-region Good insight. Their design skills are no joke and they seem quite sensitive to what the market wants. A small localised commercial area here would be very helpful even for Sunway and if they only launch in 2024 then Sunway owners have minimal competition for quite a few years.
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Cavatzu
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Nov 10 2022, 06:09 AM
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QUOTE(Snacky1100 @ Nov 10 2022, 12:53 AM) Why do they launch the projects so late to align with Sunway Belfield's completion? PNB118 opening by mid-2023. It seems that they are still hesitant about the product and want to wait to launch at the best market pricing timing - the hype from PNB118 launch + Belfield opening. If they are targeting 800-1k psf buyers now, most already had purchased or would have preferred Belfield. TBH I rather they start work earlier so that we don't have to suffer a long construction noise right after VP. That they use the word young professionals suggests that it may be studio type build ups - 500+ sqft as they mention it will be quite different from what they’ve already done which is standard family sized units. To be fair, they only just bought the land. Wouldn’t be so quick to launch yet anyways. End of ‘23/ early ‘24 sounds about right. Just hope they finish piling before Sunway vp. This post has been edited by Cavatzu: Nov 10 2022, 06:17 AM
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Cavatzu
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Nov 10 2022, 07:02 PM
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QUOTE(lewissac @ Nov 10 2022, 09:45 AM) These days dun know why developers favour smaller units (<1000 sqft) and then squeeze more room (2-3 and some 4 rooms) but only 1 car park. Is it for profit purposes? Or the "property for investment" song still rhymes? Been so quite alot of properties show gallery and fair. Not many new launches have either a min 1100 sqft and above (not that I saw). As psf rose, sizes of units have come down to compensate for the high price. Although layout efficiencies have compensated for that too. Functionally, a 3 bed/2 bath works the same whether it’s 1200 sqft or 800 sqft. Choices are available and as long as it doesn’t become like HK where its 400 sqft for a multi generational home then we count our lucky stars we have so many options in size, location and budget just that we can’t have it all. This post has been edited by Cavatzu: Nov 10 2022, 07:03 PM
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Cavatzu
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Nov 15 2022, 02:17 PM
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QUOTE(syzsiew5991 @ Nov 15 2022, 01:22 PM) Tower A was about 750 psf for type A. Quite a bit less for the bigger sizes. At 900 psf quite hard for investment but if you like the fact that it’s lower density for own stay then so be it. IMO Tower C only justifies the price tag if you have the view of 118. At your price you are competing against the 3 bedders in tower A. This post has been edited by Cavatzu: Nov 15 2022, 03:08 PM
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Cavatzu
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Nov 15 2022, 07:48 PM
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QUOTE(syzsiew5991 @ Nov 15 2022, 03:48 PM) Don’t know if your intent is investment or own stay as this project can appeal to both. But don’t forget it’s 1.3k units in total. Even if half end up for investment that’s over 600 units of competition at an upper middle price range when we don’t quite know the demand for this area yet. Best case scenario you get an in demand tourist destination, worse case is an extension of Maluri. This post has been edited by Cavatzu: Nov 15 2022, 07:56 PM
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Cavatzu
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Nov 16 2022, 03:01 PM
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QUOTE(Babizz @ Nov 16 2022, 07:03 AM) Lowest price for lowest floor type A Block A was around RM575k nett without bumi or past buyer discount . If you ok to pay RM140k more with no HOC benefit for the same thing with minor improvement like different view and furniture then can go ahead. Surely Sunway are not the only one to jack up prices in subsequent phases. It used to be very common I thought though perhaps not so gung ho after the pandemic. This post has been edited by Cavatzu: Nov 16 2022, 04:11 PM
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Cavatzu
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Nov 16 2022, 04:14 PM
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QUOTE(patpatpatpat @ Nov 16 2022, 04:10 PM) What u all think about Airbnb at Sunway Belfield? workable? There is good potential. You need the 118 to be up and for Lalaport to be fully occupied then you have a very strong eat, drink, shop hub for non-halal things. This post has been edited by Cavatzu: Nov 16 2022, 04:15 PM
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Cavatzu
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Nov 17 2022, 04:20 AM
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QUOTE(syzsiew5991 @ Nov 16 2022, 04:31 PM) any upcoming new 500-600 psf within monorail line area that is condo status, freehold that i am not aware? there are 600++ psf resale, which is built between 2015-2018 but i prefer new unit. Condo status? I doubt it because it means very low dense. Perhaps one of the really old ones but if you want new then they would be the super dense serviced apartments. Also monorail isn’t particularly great in terms of comfort and connectivity. Only real new projects which fits your price point and since you’re looking in this vicinity would be Sungai Besi or perhaps deeper in Cheras. This post has been edited by Cavatzu: Nov 17 2022, 04:45 AM
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Cavatzu
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Nov 17 2022, 10:29 AM
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QUOTE(syzsiew5991 @ Nov 17 2022, 10:18 AM) with increasing prices, it will be a SELL HIGH BUT HIGHER scenario. good luck to future generations. keep buying to jack up the price and establish new psf high threshold for KL properties In prized locations sure. But for now there’s plenty of housing supply in KV for anyone who wants one and can afford it. Prices here have stagnated for at least 5 years already.
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Cavatzu
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Nov 21 2022, 10:21 PM
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QUOTE(syzsiew5991 @ Nov 21 2022, 07:35 PM) got any telegram or whatsapp group for owner? Join the general one on FB then ask the admin to add you once you’ve shown proof. Did you pull the plug? This post has been edited by Cavatzu: Nov 21 2022, 10:22 PM
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Cavatzu
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Nov 22 2022, 03:58 AM
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QUOTE(syzsiew5991 @ Nov 21 2022, 11:28 PM) no. i think it should be fine. if there is another development at a lower price then just buy again but i doubt so. the area is overhyped betwen kl sentral bangsar bbbc and chinatown. even klcc / kl tower is calling 1500 psf jln ampang is around 1000-1300 psf A bit confused. So yes you got one? You’re right about prices. Very hard to get decent newish units in CBD for less than 1k psf. Well unless you count Chan Sow Lin as CBD.
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Cavatzu
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Nov 22 2022, 09:00 AM
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QUOTE(syzsiew5991 @ Nov 22 2022, 08:02 AM) yes i got one. i am not sure if this is best investment but i just decide based on the best information i have to me, CSL might be cbd but jam till city already take 1 hour. i try to search for other developments in KL cbd but most is > 1000 psf and / or leasehold Congrats! Guessing you got one of the available Tower A or B units? Can’t predict too much lest one is stricken by analysis paralysis. If it’s any consolation, many have felt it’s a value buy rather that translates into being a sound investment is another thing. Shouldn’t get it too wrong. Even the senior management commented privately to us that it won’t lose money. That’s a pretty strong endorsement in today’s world in my books. 😂 This post has been edited by Cavatzu: Nov 22 2022, 09:00 AM
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Cavatzu
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Nov 22 2022, 05:24 PM
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QUOTE(Najibaik @ Nov 22 2022, 05:08 PM) chan sow lin definitely not in fact belfield also isn't thats why both of them priced at around 700psf starting from lowest but they both are very near to signature tower such as pnb 118 and trx you pay what you get tho Fair enough they’re city fringe technically. But strategic for access to PJ, MK, Bangsar etc which is attractive in the case of Kampung Attap area. This post has been edited by Cavatzu: Nov 22 2022, 05:25 PM
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Cavatzu
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Nov 22 2022, 07:32 PM
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QUOTE(Fantastic11 @ Nov 22 2022, 07:11 PM) Based on KL Structure Plan 2040, Kampung Attap under CBD area & future will expand to Midvalley area  This makes 118 Merdeka site the theoretical centre of the CBD. To be fair, it’s in keeping with history.
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