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

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

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

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

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

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

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

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

at 3300psf here, wonder how one can compare this with banyan transacting at ONLY 2300psf with far better location and branding against this yoo

When u buy the condo here, do you have kempinski on your address or with the sucky yoo name. banyan tree partial furnish wont result in 1k price diff la. all units same furniture will lead to 0 avenue for differentiation upon completion when renting or selling out.

Early 2019 banyan was transacting at 2300psf, today it's hardly 1800psf.

Investors in this yoo is bound for a BIG surprise upon VP.

Where's your 4000psf???

Four seasons down to 2900psf.

Please show how good capital appreciation in the subsale market for branded residences.

Ritz any subsale transaction yet??

I expect this to fare MUCH worse than banyan tree.

30-40% depreciation within 1-2 years post VP?

Location is quite inferior to BB also.

1. 1064 units. Not sure how's that even low dense or luxurious.
2. No mention on how this is benchmarked against the other branded condos in Klcc.

If BB is matured and this has "potential", how can the price be much more than the matured area?

Moreover you're not buying Kemp residences. Your address will be yuuu😆

Interesting to see comments like this before VP.
Real test upon VP is the subsale transacted value, rental returns and rental demand.

https://www.theedgemarkets.com/article/8-co...-suspends-works

All the best to buyers of this severely overpriced project.

Old but gold

if deep pocket why suddenly stop project? come out in all the papers. not the first time got major issues like this.

I take announcement to Bursa as the most accurate information.