Wah, so many good projects in klcc, don't understand why people go buy suburban with slightly lower in price but lower roi
lol

Parkview RM700psf asking aso got leh...

KLCC no doubt is the focal point of Klang Valley, however, the market in KLCC is very co-related to the macroeconomic situation, especially the foreign direct investment coming into Malaysia as well as the no. of professional expats (hence no of foreign co setting up HQ) coming into Malaysia.

The risk is that Malaysia faces an enormous challenge to continue to attract good quality expats into the country and the rising cost for companies that opted to reduce cost by moving their offices out of the city centre.

The KLCC market generally has a lower night population and hence investors should be aware of the specific condo that they are investing because obviously the KLCC market has other factors to consider such as noises, walking distance conveniences and even the tenants profile of the condo or surrounding.

It is also worth noting that several condos in KLCC market is sometimes sold to "big investors or those related to tan sri owner of developers" who generally able to hold their properties for a long time. So if you cannot hold for long, then you need to re-strategise.

You need to know that the KLCC Market has a pretty huge gap in terms of Range of PSF within the subsale market and also the primary market. Size of the unit is a factor itself. You can find as low as RM700psf... and also as high as RM2,500psf in this market.

Not all developer bought land with Internal funding. The longer they hold, the higher their land cost. It is developer's interest to launch as early as possible.

monoland projects sure finish sell in no time...

many kl city properties have been used for airbnb instead of yearly tenancy...........

maybe due to retrenched expats in O&G leaving malaysia.....???

and also rising high rise homes supply in klcc putting pressure on rental growth...........

so better switch boat to airbnb for better way out??

m2c.......

Yea unless u hv someone manage for u

I passed my units at summer suites to a airbnb management company. Not too bad return and I dont need to be there, though they take some commission for management.

I found it online. You can contact them lazyhost.co but not sure if they take vortex tho.

Just been informed that I hv been "allocated" 1 unit. Don't know the unit, size and price. Will go to office to find out more then decide whether to take or not. Anyone hv also been allocated? Good to take up?

It was only during 2009 to 2012....

Now they are selling cheaper than vortex and location is 'better'...

U see if vortex buyers happy or not.

Got friends in Quadro. Complaining about the workmanship since day one. Some units were already paying maintenance fees even when the workers are still busy installing the ceiling/lights. Rain water leaks in through the windows, clogged shower drainage, etc. Other than that, quite value for money, I guessed.

As for the valuation, do bear in mind that the property market IS on over-supplying now. I used to have 2 units in KLCC. Now only 1. Whoever that talks about renting and good ROI at this time is obviously not making enough research, or is a property agent or owner. Instead of a drive-by at night, stop and ask the concierge to see how many of the existing units are actually occupied. Unless of course, if you guys really have a lot of money and can wait it out until the next up cycle.

Sky Suites is not cheaper lah at least for my units. I paid RM1050psf for Vortex and now being offered RM1190 for Sky Suites. About same size for both. Can accept Sky Suites being slightly higher as location is better. But density is damned high. More than 900 units in 3 blocks.

No Jalan lah friend. As I am their "loyal" follower, they called to ask if I am interested. They said long queue. RM1190psf for that area, I think cannot go wrong even though density is damned high. More over size is manageable i.e. Less than 800sf. Still contemplating.

some of my expats are staying in condos next to sky suites

the existing condo they are staying cant even rent out, most of them are unoccupied

now add another dev, this area will have more ghost living than human

Gonna be BBB BBB BBB... as so many pipu I know going. In 3-4 hours finished

park view and idaman .. immediate neighbours

another condo within 100m from skysuites, marc resi is still doing quite okay, one expat like it there so much he upgraded to bigger unit from his small unit..

but my opinion is just sharing from my circle of expats colleague..

Like RM50K~RM100K ( Appliances+ furniture )

My house pic in here: https://www.facebook.com/everyday.johncheng...34876254&type=3

.... if u do well in your house ppl will take good care your house too .. bco live in KLCC and pay so Exp live in your house ( Not the same level guy with common people  ).. there also pay for the maid to take care your house

Yes.Malaysia facing where also panas BUT those facing West will be SUPER panas in the evening.