parking... waiting for its launch

Is it because of higher selling price of Opus?

launching price is the biggest consideration... if it's like OPUS, say bye bye to this property

planning to visit showroom and check it out... as far as agent told, the APDL is not approved yet and the sales package is not finalized.

The developer may quietly gather buyer.. if the market is not responsive, I wish the developer can give more incentives.

if local tenant, drive mostly..

if foreign tenant, walking is not an issue. The only things is convenience and accessibility.

Like above thread, this area is more for own-stay as of current. Unless nearby area development and more road or covered walkway is built connected to PNB118, i think this area will take 10 years and above to see appreciation for investment.

No hurry to buy..

Given current economic outlook, got more opportunities, or buy this 2 years later, save progression interest

Yeah, thats a possible outlook.

I will monitor the pick up rate. If nobody rush, I also dun rush. Haha

That probably will cause the price further.

However, US hasnt fully absorb the 2009 QE. It's actually a risky option that Federal Reserve open the pipe again, once COVID is over.

So, I personally will think it's gonna stagnant or very gradual rise, unless there is technology outbreak, such as AI, block chain, electrical car mass production. etc.

Tradewind most likely will launch it soon..they have acquired the land some time.. the master plan and architect should be done..possible develop in 3 phases

Mind to pm and share the extra rebate details? Thanks

I am about to go visit the showroom next week

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This post has been edited by panda@KL: Dec 23 2020, 08:24 AM

The take up rate is good... roughly 35% now.

Good analysis..

He highlights mainly on the Location booster, which is very near to PNB118. In other way round, it also means that the risk is higher.. coz if PNB118 fails or taking longer time to mature nearby area (KLCC took more than 10 years), the project is failed in higher possibility...

One thing he doesn't mention much, which is KEY issue. Who is the tenant? Is your nearby amenities ready to attract your target tenant? Your competitve properties are more in coming.

Overall, I agree that this property is still good to invest with HIGHER RISK, due to lower psf, location and greenery and skyscrapper view.. But, you need to hold it for 10 - 15 years , coz nearby area has not many living amenities that are required.

** My personal view after study and visit the site and showroom. Too bad the unit type and floor I like have been taken **

This post has been edited by panda@KL: Dec 23 2020, 08:42 AM

U can check with SA... i got the number from reliable source.

This post has been edited by panda@KL: Dec 23 2020, 04:09 PM

The showroom is impressive... layout and facade is good for own stay.

You may also view the surrounding to be included in your decision making.

the price is actually close to reasonable already... its your turn whether u wanna take it or leave it.

Sunway also dun expect got such a good response on this project / location during this COVID pandemic... that's y initially i heard launch before CNY, then now quickly launch.

Anyway, pages before this have well explained the pros and cons of this project.. nth much and new to further clarified.

If you miss this boat, dun worry. Got tower 2 and Phase 2 (tower 3) coming out very soon

GLC locals are not that rich.. even if so, they will not prefer to stay at urban area.

PNB 118 is mainly for local staff... dun think they wanna rent at this property.

not all unit and layout are nice.. i am kinda waiting ppl to let go the unit type I want.

Other than that, i rather wait for tower 2 and 3, despite more expensive. It's the cost I pay waiting for the economic and political stability as well as future development around this area is clearer.

I work with those GLC.. of coz i know how much they earn and their preference..

I will tell u, they prefer sub-urban area.