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Investment 8 CONLAY | KEMPINSKI HOTEL & RESIDENCES, Europe's Oldest All Luxury Hotelier

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ianrpf
post Oct 8 2018, 11:41 PM

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QUOTE(Wenny K @ Oct 8 2018, 11:11 PM)
wats the starting price a? everything are luxurious now ><
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RM3000psf

This post has been edited by ianrpf: Oct 8 2018, 11:46 PM
planc
post Oct 9 2018, 05:17 PM

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QUOTE(ianrpf @ Oct 8 2018, 10:41 PM)
RM3000psf
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I remember got a guru said Msia prop can break 5000psf few years back, how much for four season now?
ianrpf
post Oct 9 2018, 05:47 PM

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QUOTE(planc @ Oct 9 2018, 05:17 PM)
I remember got a guru said Msia prop can break 5000psf few years back, how much for four season now?
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Four Seasons is RM3500psf now.

We'll be breaking 4000 soon that's for sure hahah.

In fact, price for 8 Conlay will increase next month.

This post has been edited by ianrpf: Oct 9 2018, 05:48 PM
planc
post Oct 9 2018, 06:31 PM

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QUOTE(ianrpf @ Oct 9 2018, 04:47 PM)
Four Seasons is RM3500psf now.

We'll be breaking 4000 soon that's for sure hahah.

In fact, price for 8 Conlay will increase next month.
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Very good! Btw, what is the highest % foreign buyer for strata prop set by local authorities? 49%?
ianrpf
post Oct 9 2018, 08:09 PM

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QUOTE(planc @ Oct 9 2018, 06:31 PM)
Very good! Btw, what is the highest % foreign buyer for strata prop set by local authorities? 49%?
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There is no quota on foreign ownership. The existing restrictions are price based i.e. min RM1m in KL, RM2m in Selangor.

But foreigners buying land needs to apply through EPU - Economic Planning Unit. So, land acquisitions is more complicated for foreigners.

This post has been edited by ianrpf: Oct 9 2018, 08:10 PM
planc
post Oct 10 2018, 12:05 PM

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QUOTE(ianrpf @ Oct 9 2018, 07:09 PM)
There is no quota on foreign ownership. The existing restrictions are price based i.e. min RM1m in KL, RM2m in Selangor.

But foreigners buying land needs to apply through EPU - Economic Planning Unit. So, land acquisitions is more complicated for foreigners.
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Msia so good! No quota on foreign ownership thumbup.gif
Wenny K
post Oct 21 2018, 05:51 PM

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QUOTE(ianrpf @ Oct 8 2018, 11:41 PM)
RM3000psf
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omg RM3K??? did u hit a 0 at the back accidentally??
not RM300, but RM3000???? FML meaning one unit cost atleast 3MIL???? icon_question.gif
ianrpf
post Oct 21 2018, 07:19 PM

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QUOTE(Wenny K @ Oct 21 2018, 05:51 PM)
omg RM3K??? did u hit a 0 at the back accidentally??
not RM300, but RM3000???? FML meaning one unit cost atleast 3MIL???? icon_question.gif
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RM2.2m for 700sqft. Designed by celebrity designer Kelly Hoppen MBE. She designed for the beckhams, trump, Clinton's, Hollywood A-list. Fully furnished haha.
restful increase
post Oct 30 2018, 01:02 AM

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QUOTE(ianrpf @ Oct 21 2018, 07:19 PM)
RM2.2m for 700sqft. Designed by celebrity designer Kelly Hoppen MBE. She designed for the beckhams, trump, Clinton's, Hollywood A-list. Fully furnished haha.
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Can get at nett rm1.95m for 707 sq ft after rebate for lower floor. Maintenance and sinking fund at rm1.15 psf.
BEANCOUNTER
post Oct 30 2018, 01:14 AM

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QUOTE(planc @ Oct 10 2018, 12:05 PM)
Msia so good! No quota on foreign ownership thumbup.gif
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Got lan.....who says no...

Max 70%.

Balance still need to reserve for bumi.
ianrpf
post Oct 30 2018, 02:58 AM

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QUOTE(BEANCOUNTER @ Oct 30 2018, 01:14 AM)
Got lan.....who says no...

Max 70%.

Balance still need to reserve for bumi.
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Don't have lah. Now only Govt looking to review foreign ownership policy because of Forest City whereby Johor Govt decides to place max 70% quota on foreign ownership.

Check this out:

https://www.thestar.com.my/news/nation/2018...ws-on-property/

Despite that, I believe they won't place a cap on foreign ownership quota. Govt has always been pro developers regardless of which opposing political coalition.

This post has been edited by ianrpf: Oct 30 2018, 02:59 AM
ianrpf
post Oct 30 2018, 03:07 AM

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QUOTE(restful increase @ Oct 30 2018, 01:02 AM)
Can get at nett rm1.95m for 707 sq ft after rebate for lower floor. Maintenance and sinking fund at rm1.15 psf.
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Don't have lah no more already. Anyway Nov 1, developer confirm increasing price by RM100psf. Maintenance fee is RM1.05 including sinking fund. Four Seasons is RM1.70 IIRC.
gshock_kaki
post Oct 30 2018, 07:43 AM

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QUOTE(BEANCOUNTER @ Oct 30 2018, 01:14 AM)
Got lan.....who says no...

Max 70%.

Balance still need to reserve for bumi.
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ya, agree with this. johor revise to 70% coz forest city donno why can get 100% foreigner like medini/puteri harbour.. in melaka only 10% for foreigner.. so i believe KL won’t be 100%..

BEANCOUNTER
post Oct 30 2018, 11:07 AM

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QUOTE(gshock_kaki @ Oct 30 2018, 07:43 AM)
ya, agree with this. johor revise to 70% coz forest city donno why can get 100% foreigner like medini/puteri harbour.. in melaka only 10% for foreigner.. so i believe KL won’t be 100%..
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Yaloh..

Cnnot use forest city to represent the whole malaysia.
InvestThing
post Oct 31 2018, 10:56 AM

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how is the take up rate lately?

been there sometime back and was impressed with their showunit
restful increase
post Oct 31 2018, 02:42 PM

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QUOTE(InvestThing @ Oct 31 2018, 10:56 AM)
how is the take up rate lately?

been there sometime back and was impressed with their showunit
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If got holding power it will be a good investment in view of its branding. Branded service residence are commanding good capital appreciation in the subsale market ie 4 season and ritz carlton.
planc
post Nov 2 2018, 01:25 AM

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QUOTE(BEANCOUNTER @ Oct 30 2018, 12:14 AM)
Got lan.....who says no...

Max 70%.

Balance still need to reserve for bumi.
*
Should set a new rules for it at least 51% local, foreigners max 49% for a single project
BEANCOUNTER
post Nov 2 2018, 01:31 AM

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QUOTE(planc @ Nov 2 2018, 01:25 AM)
Should set a new rules for it at least 51% local, foreigners max 49% for a single project
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Like that how can?

Bumi 30%
Foreigners 49%
Non bumi makan apa?
planc
post Nov 2 2018, 01:43 AM

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QUOTE(BEANCOUNTER @ Nov 2 2018, 12:31 AM)
Like that how can?

Bumi 30%
Foreigners 49%
Non bumi makan apa?
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Makan angin tongue.gif no..usually new project priority launch to local first..if bad response only sell it to foreigner..non bumi always can makan first right?
BEANCOUNTER
post Nov 2 2018, 01:46 AM

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QUOTE(planc @ Nov 2 2018, 01:43 AM)
Makan angin tongue.gif no..usually new project priority launch to local first..if bad response only sell it to foreigner..non bumi always can makan first right?
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Not every non bumi kemp at door one week before launch de....

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