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

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Babizz
post Sep 16 2020, 09:38 AM

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Many many shops in petaling street area close down due to covid, no tourists and many big companies implementing WFH. However at 800+psf this seems like a decent deal and the completion should be after 118 is finished.
Babizz
post Nov 29 2020, 03:49 PM

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Opus really koyak with this belfield pricing

Can anyone comment on the demand (if any) for opus? I see 200++ units for rent despite opus being a low dense condo.
Babizz
post Nov 29 2020, 05:55 PM

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QUOTE(propertyowner @ Nov 29 2020, 02:33 AM)
For Opus and Casa Residency @ much lower density, closer to PNB118 & public transport, the asking rental is 1.8-2k for Belfield similar sized units.

So just prepare to bleed for 1-2k monthly (negative gearing) if buying for investment.
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Yes this belfield is good for those wanna ownstay in town without having to go through traffic or take the train. Same target as those ownstay in robertzhai etc. What about appreciation?

But opus how's the demand. Asking rental can ask la but can transact or not.
Babizz
post Dec 2 2020, 07:58 AM

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QUOTE(propertyowner @ Nov 29 2020, 10:37 AM)
Logically, 750 psf will be bigger size units whereas 850 psf for the smallest; before price-in the floor premium pool premium total carparks etc.

Also to note, this is nett discounted price on the 1st 10% from a higher gross price.
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True but I notice sunwaii has been increasing their freebies after preview if the demand is not strong.

QUOTE(VOLVOFORLIFE @ Nov 29 2020, 09:44 PM)
This would be a good buy for own stay in KL with kids plan to go for Chinese skool. For investment, should look at those with walkable to LRT/MRT.
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+100. This is super close to the school which is a + point for ownstay.
Babizz
post Dec 5 2020, 06:50 PM

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Any commercials in the vicinity

This post has been edited by Babizz: Dec 5 2020, 10:11 PM
Babizz
post Dec 6 2020, 01:56 AM

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Why no mention about the cemetery view?? It's quite close and many units will be facing the cemetery.

it's less than 1km. biggrin.gif biggrin.gif

This post has been edited by Babizz: Dec 6 2020, 07:54 AM
Babizz
post Dec 9 2020, 09:30 PM

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This could be one of the best bets in many many months.

Price n location n product is sibeh ok.

Just remember that it's v close to the cemetery!

Babizz
post Dec 10 2020, 09:25 AM

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QUOTE(dlttdltt @ Dec 9 2020, 12:12 PM)
Closer to cemetary more Ong.
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Also no commercials within closest walking distance is another major minus point.

If buying facing Merdeka there's also the risk of the site infront being developed.
Babizz
post Dec 10 2020, 03:45 PM

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QUOTE(panda@KL @ Dec 10 2020, 12:01 AM)
No hurry to buy..

Given current economic outlook, got more opportunities, or buy this 2 years later, save progression interest
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With excessive QE globally, would this be priced the same in 2-3 years??
Babizz
post Dec 10 2020, 07:33 PM

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Meanwhile, he said, PNBMV was looking to defer the launch of the residential towers, originally slated for the end of this year, to Q4 of 2021.

https://www.nst.com.my/news/nation/2020/10/...fter-mco-delays

Can see the Merdeka masterplan below
https://www.merdeka118.com/

How much would the residences in this Merdeka cost?

This post has been edited by Babizz: Dec 10 2020, 07:36 PM
Babizz
post Dec 11 2020, 07:05 AM

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QUOTE(tometoto @ Dec 10 2020, 06:23 AM)
good deal for this project
after vp can achieve 1k psq
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This one even the top management of Sunway prop also won't project this kinda figures. If can get 850psf also is sibeh good already.

Don't forget the future launches around could be around this price point.

QUOTE(bouncy @ Dec 10 2020, 09:19 AM)
When is the expected completion date?
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Q2 2024
Babizz
post Dec 11 2020, 02:47 PM

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QUOTE(surf-it @ Dec 10 2020, 11:31 PM)
But this project got Block C right, so they may phase it out... that means more interest for Blk A and B to pay -,-
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Construction is already underway.

Block C is a different plot. Separate access separate facilities etc.
Babizz
post Dec 11 2020, 06:03 PM

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Any confirmation from Sunway staff on any roadworks such as road widening, street lights etc??

The road is really small n dark. It's like some kampung road. Easily 2500 cars will be driving up n down there before the other projects VP.

Who are the prospective tenants here ?

This post has been edited by Babizz: Dec 11 2020, 06:09 PM
Babizz
post Dec 12 2020, 11:11 PM

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Anyway if anyone wants me to connect them with a VERY good sunway sales agent can PM me.

Can share referral fees 😂😂
Babizz
post Dec 13 2020, 08:32 PM

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QUOTE(jordanseow @ Dec 12 2020, 09:58 AM)
You bought one unit ? Are the road expanding or doing covered walk?
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Received confirmation from Sunwai staff that Jln Belfield will be going through road widening to 2 lanes after the tunnel from Jln Istana into Merdeka 118 is done.

QUOTE(jordanseow @ Dec 13 2020, 02:35 AM)
Any Banker or Business Associate interesting this project ? We can work together to get extra rebate
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Sunwai will do this kind of rebate?? by the time u set up your investor thing, maybe most investor friendly units will be gone drool.gif

Babizz
post Dec 14 2020, 06:21 PM

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Some of you'll keep asking what's the net price, don't understand why you'll can't just call Sunway and ask???

Their number is pasted everywhere.

This post has been edited by Babizz: Dec 14 2020, 06:23 PM
Babizz
post Dec 15 2020, 04:42 PM

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QUOTE(propertyowner @ Dec 15 2020, 02:40 AM)
2nd block will launch in 2022.. 3rd block in 2023 (phase 2)..

But all complete same time.  Sunway really cash rich hmm..
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Means after VP bloodbath for investors since high density project. Are you sure phase 2 VP with phase 1?? From what I know Phase 2 will complete way later on.
Babizz
post Dec 18 2020, 11:13 AM

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Heard some kungfu action here.

This post has been edited by Babizz: Dec 18 2020, 11:50 AM
Babizz
post Dec 18 2020, 01:52 PM

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QUOTE(ZackQ @ Dec 17 2020, 10:18 PM)
what happen??
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Take-up rate is very good for certain sizes.
Babizz
post Dec 18 2020, 03:35 PM

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QUOTE(DragonReine @ Dec 18 2020, 12:29 AM)
Which sizes, if you don't mind sharing?
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Is this the most BBB project of the year?? Within a few hours,

Type A almost ALL GONE. Type E also very good take-up.

The rest I reveal tomorrow 😉

This post has been edited by Babizz: Dec 18 2020, 03:54 PM

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