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Investment SKY SUITES @ KLCC [OWNERS' THREAD], "Massive" KLCC project on the cards

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TSaccetera
post May 18 2014, 11:20 PM, updated 6y ago

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- Opposite Menara Prestige, Jalan P Ramlee.
- Where the clubs and pubs are located.

According to DBKL-OSC:

Tower A - 62-storey serviced apartments (330 units).
Tower B - 62-storey serviced apartments (325 units).
Tower C - 62-storey serviced apartments (330 units).
Tower D - 43-storey hotel block (357 rooms).
Including a 5-storey commercial retail podium.

Coming soon to Jalan P. Ramlee, Kuala Lumpur City Centre.

Besides this, coming soon nearby is also Cecil Chao Centre consisting of 4 towers, three of which are 50 storeys. More above 50 floor buildings coming to KL.

This post has been edited by accetera: Aug 4 2020, 12:52 PM
HELLO HELLO
post May 18 2014, 11:23 PM

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siao... another thousand units development...jialat
bearbearwong
post May 18 2014, 11:53 PM

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QUOTE(HELLO HELLO @ May 18 2014, 11:23 PM)
siao... another thousand units development...jialat
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There damm crowded di.. got star residence.. mirage residence.. the one residence.. ritz carlton.. siao..price confirm 1.5 psq above
BTimes
post May 19 2014, 06:20 AM

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Can the market absorb so many units? Looks like an oversupply situation for mid-high end condos from 2014.
Kevin Chan
post May 19 2014, 07:40 AM

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i wanna go pull all their fire alarm again, just to see if there is enough ground stand when all the resident decide to exit all the residential there.
anyone want to count how many car will be parking at the street ?

i'll start a carpark business there soon ...
kochin
post May 19 2014, 08:53 AM

I just hope I do!
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how big is the land?
CMW123
post May 19 2014, 09:59 AM

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The family own the land from day 1?
TSaccetera
post May 19 2014, 10:21 AM

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About 4 parcels of land but in terms of size is quite small.


maldiniho
post May 19 2014, 10:34 AM

verrò, conquisto
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QUOTE(Kevin Chan @ May 19 2014, 07:40 AM)
i wanna go pull all their fire alarm again, just to see if there is enough ground stand when all the resident decide to exit all the residential there.
anyone want to count how many car will be parking at the street ?

i'll start a carpark business there soon ...
*
nice idea rclxms.gif

ooh these car parking at the street ain't your daily commuter kind of car I hope... lambo, ferrari, maseratti..and merc is the most common among the lot drool.gif
TSaccetera
post Sep 1 2014, 09:16 PM

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Seems like "Monoland" has taken over the project and marketing.

Anyone to confirm?
myproblem
post Sep 2 2014, 10:13 AM

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Siao... people and biz are moving away from KL centre and yet these people still want to build it there. Some more HUGE unit numbers
chewlee
post Sep 2 2014, 12:27 PM

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QUOTE(myproblem @ Sep 2 2014, 10:13 AM)
Siao... people and biz are moving away from KL centre and yet these people still want to build it there. Some more HUGE unit numbers
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moving to where?
rainman19
post Sep 2 2014, 01:06 PM

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QUOTE(myproblem @ Sep 2 2014, 10:13 AM)
Siao... people and biz are moving away from KL centre and yet these people still want to build it there. Some more HUGE unit numbers
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bro, is capital of Malaysia la
mana lagi boleh runaway?

ykit_88
post Sep 2 2014, 01:09 PM

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No... Not high density condos again...
Chris Chew
post Sep 2 2014, 01:21 PM

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QUOTE(accetera @ May 19 2014, 10:21 AM)
About 4 parcels of land but in terms of size is quite small.
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That plot of land looks not that huge.

Got 2.5 x sizes of the Cecil Chao land?

yoong81
post Sep 2 2014, 03:40 PM

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this project can target the expats market...
especially the o&g guys...

expats like to stay near kl
cwtien
post Sep 2 2014, 04:14 PM

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And in the meantime, O&G expat guys are having their contracts terminated....
cheez
post Sep 2 2014, 04:57 PM

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QUOTE(cwtien @ Sep 2 2014, 04:14 PM)
And in the meantime, O&G expat guys are having their contracts terminated....
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This!
The oversupply is not really an issue, the decreasing of demand / unemployment is. And still BNM says that Malaysian economy is growing. pfftt...
TSaccetera
post Sep 2 2014, 05:32 PM

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QUOTE(cwtien @ Sep 2 2014, 04:14 PM)
And in the meantime, O&G expat guys are having their contracts terminated....
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U sure boh? I worked in Schlumberger last time leh. Our financial hub headcount increased from 21 to 700 over three years with 40% being expats.

The only thing is Our Office is based in Bandar Utama, PJ. Although national HQ is at Rohas Perkasa, KLCC.

This post has been edited by accetera: Sep 2 2014, 05:33 PM
cheez
post Sep 2 2014, 06:11 PM

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QUOTE(accetera @ Sep 2 2014, 05:32 PM)
U sure boh? I worked in Schlumberger last time leh. Our financial hub headcount increased from 21 to 700 over three years with 40% being expats.

The only thing is Our Office is based in Bandar Utama, PJ. Although national HQ is at Rohas Perkasa, KLCC.
*
How long ago was your last time? sweat.gif
Anyway, it undeniable that previously many industries were doing good but if you're in today's market, no matter which industry it is, many will tell you that it is going slower than the previous year's same period.
Do take note that the prop market is not reliant on the expats market alone. It is still the local consumers who are the main customers.

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