Pls show me comparables of tenants renting RM3.50psf office in sg buloh? As mention above, even some KL City office still renting RM3.50 n market remains oversupplied with opis.. Encorp strand office asking below RM3psf n still struggle.. U wana target yuppie Msian?? Stay in the middle of the forest with some retail downstairs??

I got the expat info from several O&G friends in KLCC n they know about their friends rental requirement.. Like i said, refer to summer suite

Boss the encorp strand ofis??? The one garden ofis ar???

If it's the garden ofis I remember it needs bout 4psf to cover loan with mof 85 tenure 25yrs n maintenance + sinking If not mistaken. Dun forget quite rent assessment n mandatory mthly water charge under commi rate.

I was offer a corner unit lvl 3 long ago just next to elevator. Nice loc for the unit but back then I dun blif such concept 'll succeed there.

Btw is there another encorp strand ofis there???

This post has been edited by ManutdGiggs: May 9 2015, 11:33 PM

Izzit wise to compare now ? VP date only in 2019, you have crystal ball to predict what's going to happen then. Well, I work in MNC O&G too. I can see many still have no issue renting soxo. So what is the truth ?

Yes garden opis.. 4gt to add in the garden unit.. recently passby the area n the whole encorp area not doing well ah.. too many commie in the area.. location mmg deep in..

wht u think of sqwheres viability for soxo products??

Lets see 4 yrs time how the office market play out la.. n see summer suites in the short term..

When is launch date for service apartment?

any1 has the pics of the construction progress?

Insider news, SOVO units left around 10-15 units just released by SDB. And new office ranging from 2k sqft launching in August for SqWhere

When are they going to launch the service apartment?

Do remember that you would need to pay GST for the SOVO

for the service apartment im not too sure though.

No news on new block?

Should be next year. upcoming launch for SqWhere is 29 office units around 2k sqft. Estimated around August

Sqwhere only have 2 blocks, the one sold out is the office block, sovo. Another block is purely service apartment which going to launch in August it seems. Sizes are bigger than 1000 sqft for sure.

Clap means wat??

Agreed with most of the negative features mentioned but

I dont think the project will be abandoned;

It will take many years for this area to achieve reasonable returns but the chances are fair given the transport infrac, covered carparks, amendities, etc;

Notice even SME are unwilling to locate offices at shoplots these days. If SoVo owners lower expectations and compete for such tenants, there is a good chance.

Plus MS project next door with total of 6 blocks, a hive of biz activities can be created. But the gestation will be long.......

Looks like there's a change in masterplan?? They added an office block in front!

not sure wthr sovo buyers shld be happy but service apartment (future) buyers would be.. Still think svc apartments are more suitable rather than offices

They make the cube taller and sell as office suites range from 2000 sft. It is bigger office compare to sovo block. But the lower floor I guess it is still cater for F&B

Why should the future SA buyer happy but sovo buyer should be depressed?