http://www.8conlay.com/


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http://www.kempinski-residences.com/


KSK taps Kempinski for Conlay project
By SHAREN KAUR | 16 April 2014| last updated at 12:29AM
http://www.nst.com.my/business/todayspaper...roject-1.569291

KUALA LUMPUR: KSK Group Bhd will bring Europe's oldest luxury hotel outfit, Kempinski, to its RM4 billion Jalan Conlay project, here, adding another opulent accommodation to the city, said sources.

Formerly known as Kurnia Asia Bhd, the group is developing a mixed-use project on a 1.6ha site in Jalan Conlay, next to Prince Hotel & Residence.

KSK acquired the land for RM568 million from Suasana Simfoni Sdn Bhd in a deal that was completed last month.

The project will be developed by its subsidiary, KSK Land Sdn Bhd, and will feature three towers and a 200,000 sq ft retail podium.

The sources said the tallest tower is [60-storey high and will house the five-star hotel and serviced apartments, which are expected to be managed by Kempinski.

The other two blocks, standing at 50 and 55 storeys each, will comprise luxury condominiums.[/B]

According to the sources, KSK had considered either Kempinski and Nevada-based gaming and hospitality company, MGM Resorts International, to manage the hotel and serviced residences.

Kempinski is an international hotel chain founded in Berlin, Germany, in 1897.

It is majority controlled by Thailand's Crown Property Bureau, a Royal Thailand authority responsible for administering the properties of the Royal House of Thailand.

Kempinski operates around 80 historic grand hotels, city hotels, resorts and residences in 30 countries in Europe, the Middle East, Africa and Asia.

KSK Land will develop the Conlay project starting year-end. The project is slated to be completed by 2020.

"KSK Land will also launch the condominiums by year-end. No price is fixed yet, but it will surely be above RM2,500 per sq ft.

"There will be competition from Banyan Tree residences and Harrods Hotel, which are also under construction in Jalan Conlay. KSK Land, however, is bullish on property sales and is targeting 50 per cent local investors," the sources said.

The KSK group is expected to use part of the RM1.63 billion obtained from the sale of its core insurance business, Kurnia Insurans (M) Bhd, to AmG Insurance Bhd in September 2012, to fund the project's initial stage.

The group, which currently focuses on growing its two general insurance operations in Indonesia and Thailand, ventured into property development last year.

This post has been edited by accetera: Jun 1 2014, 12:44 AM

wa.... cannot afford..

PuiiiiyoOohhh!!!.....puke rice price....
the price after heard can puke rice...

but Kempinski very got style..... + like

This post has been edited by HELLO HELLO: Apr 17 2014, 04:33 PM

Kempinski for RM2,500psf is like the "most affordable" of its kind in the world.

Coming soon...8conlay
Courtesy:
http://www.facebook.com/skyscrapercitymalaysia
http://www.8conlay.com


Attached thumbnail(s)

There is a huge article in The Edge City & Country this weekend.

RM2,500-3,000PSF



Luxury is the freedom to be your stylish self living in the most stylish adress in whole of Malaysia. Hence, a new icon emerges in the heart of Kuala Lumpur.

Inspired by the Chinese character for the number 8, this world-class development known as "8CONLAY" will feature a 51- and 56-storey branded residences; a 60-storey tower housing 260-rooms of what could be Kempinski's first hotel in Malaysia together with 350-units of serviced residences managed by the operator; atop a 8-storey shopping mall, associated facilities and "F&B Terraces" spread across 4 levels.

According to the developer, KSK Land, in an interview feature with The Edge City & Country last week, the developer plans to sell its branded residences at an average price of RM2,500psf.

8CONLAY is expected to be pedestrian-walkable to opposite developments such as Harrods and Pavilion KL and a short walk to KLCC.

8CONLAY now seeks your registration of interest at >>> http://www.8conlay.com/

Hotel is either MGM or Kempinski.

Perhaps they would manage the Residences as well.

Flashing out in the newspapers.

anyone knows when it start selling? or who / where should contact?

Pat how many u plan to buy this round ?

totally for expat market.

3000 psft .......y dun put 5000 psft

Susah.four season just nearby also 3k PSF. Macam mana hit 5k PSF... If really hit 5k PSF. I sibeh happy lor.

This post has been edited by HELLO HELLO: Oct 22 2014, 06:52 PM

Crazy price!! If ddd camp bear bear know, sure he curse kau kau this price is damn inflated.

if put 5K psft more easy to sales

Almost all nearby KLCC are priced crazily...

Many foreign friends extremely interested this one.

Deleted

This post has been edited by Babizz: Aug 21 2022, 05:23 PM

Hi, If you would like, you can pass me your contact and I will get somebody from their sales team to contact you

This one for richie's collective item purpose only.

Any info for the built-up? Got studio size?

http://www.nanyang.com/node/659165?tid=686

this is PRO

No longer investment but for people wanting trophy collection.

Ya this kinda props if can cover half the installment(after maintenance) also consider good d.. good prop to buy during a recession when the prices will drop to Tropicana Gardens level

2000 psft sure got some sozai invest punya bcos tooooo RICH

This is for investors who are in different league. Everything is premium and designer piece.

200% agreed

Yeap agreed... these kinda investors don't spend time on LYN one..very suitable for rich yuppies..

Kempinski will be announced on Tuesday in an event.

today Preview price from RM2,700 psft

maintenance fee RM1.20 psft

benchmark in KL ?

Kempinski is confirmed.

http://www.nst.com.my/node/54070

rm1.20psf maintenance is kinda insane.
equivalent to leasing a whole unit in other locations.

good luck to them!

yeah, now must include the carpark for maintenance also..
This is more of a trophy property la, not one that can cover ur repayment!

Good to see how they sell this project.

I am sure the registration is overwhelming.

they should put RM2.0 maintenance fees.....look more Grand Luxury ma

wow, really hit the new benchmark

Facing harrods hotel? woww..

so fast they start the A&P liao....now rasio oso got.....geng

this residence tower like Hermes,

stay in here will increase your value so much

Full weekend coverage.

Architect: Ar. Hud Bakar of RSP Architects

Landscape: Terrains + Open Space (TROP), Bangkok

Interior Design: Steve Leung & YOO, Hong Kong

Retail Concept: Benoy, London and Hong Kong

Hotel Operator: Kempinski Hotels, Switzerland



This post has been edited by accetera: Jan 18 2015, 09:42 PM

nice

KSK Land’s maiden project is a mixed-use development called 8 Conlay that has a gross development value of RM4 billion and is slated for completion in 2020. Located in 8 Jalan Conlay in the Kuala Lumpur city centre, it is within walking distance of Pavilion KL and Jalan Bukit Bintang’s shopping district. The 3.952-acre parcel that was purchased for RM568 million in 2Q2013 will feature three towers linked by a 4-storey retail podium. Kempinski will manage the three towers while the developer will supervise the retail podium.

The names of the towers have yet to be determined, so they are tentatively called Towers A, B and C. Tower C will stand alone while Towers A and B will be joined. The 62-storey Tower C will house a 260-room hotel and 403 serviced residences while Tower A (60 storeys) and Tower B (55 storeys) will offer a total of 1,092 serviced residences and will be linked at the 25th and 44th levels.

While the built-up of the units in Towers A and B will range from 682 to 1,295 sq ft, that of Tower C’s hotel rooms and serviced residences has yet to be determined as they are still in the design stage. The estimated selling price of the serviced residences is between RM2,000 and RM3,000 psf.

Source:http://www.theedgemarkets.com/my/article/city-country-cover-story-bringing-branded-residences-kuala-lumpur?type=Property

Was told soft launch after CNY, but no news yet. Anyone have info?

If less than 2.3k than good buy lor. Btr than subsale unbranded condo... maintenance fee shld be 0.80 and above?

Heard before is around RM1 – RM1.20 per sq ft for 8 Conlay. That time was like wah – so expensive! But now Pavilion Suites & W-Residence also estimating their maintenance at RM1 per sq ft. Think is pretty good deal lor considering u getting Kempinski wor at 8 Conlay. If want to buy, better book first – mana tahu the price will increase at launch or not. Got sales office – people probably already booking and registering

when launching?

Look like their corp video going around, got series one. but haven't say when launching.

https://www.youtube.com/channel/UCuLzV9eevm6nd79D4lN62Uw

Received a call for private preview.

review here

Star Property Online just reported launching Oct 2015
http://www.starproperty.my/index.php/artic...-news/8-conlay/

This post has been edited by Rich_Rara: Jun 25 2015, 04:32 PM

Would appreciate if you could share some details here.

Interesting that these posts are allowed when they are so blatantly solicitous in nature while others which are much less sales driven are quickly shut down. Thought the driving principle for lyn is information sharing.

I guess there are those who are quick to complain about other projects where they are not the selling agent....

I can't control much about such postings but I would advice that particular photo to be removed. Tq

agents fighting HAHAHA

Sorry if my post caused any disturbance, sure will remove the photo as per advised.

anyway, me myself owned a unit at 8conlay too, just a bit excited to share the good demand of this investment, cheers~

Psf? Size.....

You mean my unit? i reserved 1BR (around 700sf), the other units i keep for my own friends/clients are 1+1, frm 742sf onwards.

roughly how much psf?

already mention rm 2500 psf

List price is average RM2,700psf, after early bird discount is around RM2,500psf, interesting?

Hi Sean, it's average RM2700psf

Hi all,

Those who keen to get a unit for this project can inbox me.

Will provide you the package and price for your convenience.

Regards

Just wandering.... do you think Lyn forumners are the target for the luxury 8conlay project?

some lowyat forumer here can bungkus many kempinsky buyer..dun play play!

true.

i didn't refer to the affordability issue.....

i suppose majority buyers who are going to buy this 8conlay will use it as "trophy property". Are the demographic here reflect the target market?

I really think some members here are already "trophy hunter" level liao.

Demographic here will not affect target market la.. bt then the demand from forum member will reflect SA income..haha

Sales gallery of RM5.4bil mixed development 8 Conlay unveiled
http://www.thestar.com.my/Business/Busines...ries/?style=biz

first time developer already so greedy
u can trust them with 2-3 mil condo?
these ex insurance people during their kurnia times also bad bad repo.....always delay claims

They will practice similar tactics during defect liability period?

seriously

Boss, with them name of Kempinski.... yes, i trust them for now

to be frank, pricing seems ok for KLCC area i think. well, compared to many parts of asia, this is still considered fairly valued. but, the question is whether there will a sub-sale market for it. looks a little grim with the economy like this nowadays. going to be sitting at the side lines for this one...

Multibillion 8 Conlay project in Kuala Lumpur sees 70% booking rate for first residential tower
http://www.theedgeproperty.com.my/content/...sidential-tower

This project targets rich ppl from Australia, China/HK , Middle East & Singapore. Mostly all foreigners buyer

will be curious to know how many foreigners will buy

KSK Land ups the ante with iconic 8 Conlay
http://www.thestar.com.my/Business/Busines...nlay/?style=biz

Wow! From rm2500psqf in start of thread, now the price has jumped to rm3200psqf!!

Really riches game!

Last time i asked their staff, less than 5% available.

Now 30% available

will there be a ~~available + ultimately last batch of units released 40 % up for grab this sort of game again ar after CNY?😁😁

New kids on the block is very daring on the price psf

frm what i hear, MANY foreign investors BAN KL! Esp those ARAB ones since a few recent incidents n RM depreciate.. its like 30-40% of moneh gone.. A lot of sticker game here i feel! if pavi elite suites selling at this price n high sales (which both are a YES), i believe

Actually for now as a foreign investor, it should be the best time to buy due to the fact that Rm is much undervalued (based on Bank Negara statement). By the the time it recovers, it should have made the capital appreciation plus forex appreciation).

Boss, this is the part i concerned the most

Interestingly enough with the recent The Edge interview, their COO claims 80% made up of Malaysian while foreign buyers made up the rest.

Not sure how reliable it is.

i would believe la. coz pav suites also same demographics. and they sold out the expensive ones first, left behind some "cheap" units now

who say malaysia is poor...

80/20 ratio between Malaysian & foreigner should be correct.

the best would be 55/45 but now it's not achievable

there are many Malaysians don't based in Malaysia for work....

also politically connected people.....semua kaya raya.......

I got a few Malaysian friends majority of whom are overseas working who have bought here.

boss P rides in the highest of circles

RM3,200psf?
well, still far from Gavin's prediction of RM5,000psf.
so who's next to breach RM4kpsf?

Jumeirah maybe?

u may be correct. if not, why are they advertising like mad in the local media? if aiming for foreign investors, they would concentrate their resources more in the foreign media.