There will be a few that try to get cheeky and do Airbnb anyway. But the good thing is that the main bulk of people want to own stay and are quite educated/professional so they will put an end to it quickly.

Can see good prospects if there is demand both as an ownstay + investment property.

so daring to ask for 5k
even sunway velocity also not that high, that one got mrt and mall beside it

what do this have to ask for 5k?
lmao

Tower A VP expected handover starts anytime Feb or March according to developer.

Any other Tower A purchasers here?

NetM

https://www.iproperty.com.my/property/kl-ci...sale-108189656/

1200+ psf. Don’t pray pray 😂. Higher than DPC without any Reno and no 118 view.

Tourist spot + monorail
Hopefully Airbnb friendly, rm5k maybe achievable.

someone here already said kenot do airbnb bruh

I believe the latest VP one in DPC is about 1300-1500psf. Haha

For Belfield, at this time junction, 1k psf should be reasonable and will see how the market response over time.

This post has been edited by bennomin: Feb 16 2025, 11:29 PM

Good luck

It is not Airbnb friendly - prohibited. It can be voted in by AGM. There’s a lot of excited ownstay owners so I doubt it’ll happen. But it can do well if there’s the perception of being a nice ownstay property on the CBD fringe.

There are always people asking for higher price. But it all down to market. Unless there is a willing renter otherwise high price will always be a dream price. 😆

Standby mass lelong...hahahah

Lelong is for sure. I think most property even high- highend one also got lelong. I think Malaysia is too much over supply in property market especially in Condo/High Rise properties. Problem when so many medium and big developers keep on building condo and government keep giving them permit to build on any size of land that they can got.

I do really think government should start step in and put a stop to this, and only issued permit to well known developers.

For larger types if can achieve 3500 is considered very good already.

118 mall not ready
118 tower not high occupancy for now

Only depend on beside Kuen Cheng, 400m to monorail, good road access and real city location for now

Next time can depend on 118 mall and office tower. As always said this location is not proven yet.

This post has been edited by Babizz: Feb 19 2025, 02:08 PM

Feels bad to say. But Tower C is the main test case. Most expensive psf and they will set the tone for price point. The other 2 towers haven’t VP and can undercut easily.

This post has been edited by Cavatzu: Feb 19 2025, 03:06 PM

Unfortunately government policy is to suppress high rise prices by forcing developers to build affordable units and allowing high density for TODs. Their strategy is to flood the market with affordable units. Developers need the normal priced units to subsidise the affordable units so this will result in even more units being built. The future doesn't look bright for high rises. At the moment rents are rising in tandem with expenses squeezing the tenants.

You can still make money but you cannot buy direct from developer. Buy sub-sale from distressed buyer or under auction then because your entry cost is so much lower than the rest, you make your money. There are many opportunities but you need to be cash rich.

For own stay i would choose landed freehold which is the best choice at the moment.

monorail is the second worst transport system
the worst 1 is ktm

is not even mrt lrt, line is short, small train
able to cover instalment and maintenance fees considered good already nowadays

hoping buying at 700psf and flip at 1200psf?

in dream maybe got

Definitions of households are changing. Many people are single. Even if they are partnered, many opt not to have kids. So then if you’re a single bachelor/bachelorette in your 30s+ do you need a big landed property?

I take the monorail 3-4 times a week. The only issues are it's slow and it can get very packed in the evenings. I have timed the rides on the monorail a few weeks ago.

Maharajalela to KL Sentral (2 stations) : 5 mins
Maharajalela to Bukit Bintang (3 stations) : 6 mins
Maharajalela to Raja Chulan (4 stations): 8 mins

If can flip at 900psf also consider very good already.

i took monorails to work many years ago
stop at maharajelela station

luckily i was opposite direction, no pack
i see opposite platform going to the station you mentioned
like sardine

summore only got 2 coach of train yet many passenger
it is disaster

Ppl like you can only drive. You want comfort dont take public transport and complain