QUOTE(kochin @ Jan 2 2018, 07:43 AM)
the good:
workmanship is above average
views are quite fantastic
security seems tight
the bad:
maintenance fee is quite high. averaging approx rm0.45psf
semi completed environment awaiting tower c
half dead commies at front not really helping a lot
main entrance facing the PPR
and the ugly:
non fully operational condition but EW chooses to rush out VP to avoid LAD yet charging full quantum of service charge
some outstanding documents such as as-built not available yet (owner taking risk of renovating and puncturing conceal piping/wiring without the guide)
pre-determining indicative rental to be as low as RM2psf. giving a yield of less than 4% for avg RM650psf purchase price.
Thanks Kochin, I like your insight.
You are the owner of tower A? I went to the facility level on Christmas weekend, tho the pool is quite nice (but prefer an infinity and facing KL instead of PPRT ) I didnt feel the ' wow' with the size of facility deck. I wasnt able to view any internal unit hence asking.
Good to know the workmanship is above average. Yeah the view on terrace area mid-high at level 23 and rooftop are quite amazing. Gym view also nice.
Indicative rental RM2psf suggesting smallest unit 936sqft will be rented at RM 1800ish ?