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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
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.


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?
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....
*
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
TSaccetera
post Sep 2 2014, 08:38 PM

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Anyway this is just 1 out of about 20 brand new projects planned in KL City.

For more, u can review:
http://www.patchay.com/p/kuala-lumpur-urba...velopments.html

U'll be surprised with the amount of new projects coming up! All high high ones...

This post has been edited by accetera: Sep 2 2014, 08:38 PM
TSaccetera
post Dec 31 2014, 06:42 PM

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Thread title changed.
TSaccetera
post Dec 31 2014, 10:10 PM

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first posted in https://www.facebook.com/groups/115179435202482/

user posted image
TSaccetera
post Mar 13 2015, 12:37 AM

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RM1,500psf... ok boh?
TSaccetera
post Jun 21 2015, 12:20 PM

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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.

This post has been edited by accetera: Jun 21 2015, 12:24 PM
TSaccetera
post Oct 6 2015, 07:44 PM

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QUOTE(nickchin @ Oct 6 2015, 07:28 PM)
Does anyone clearly know who are the shareholders of Monoland?
*
Different subsi, different complete guys. There is no "monoland" as a group.

But we all know that Monoland is referring to the "Goh fellas".
TSaccetera
post Nov 14 2015, 12:26 AM

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This project need to solve some issues first.
TSaccetera
post Feb 12 2016, 03:19 PM

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QUOTE
The famous gold diggers in Penang in the past.

I think one of the Goh brothers married 9 wives.

They are spotted giving cash for Penang Lang to support BN govt.

They sold their Air Itam land to 1MDB at cool prices, one of the deal was 6 days before General Election.

Behind the scene brothers, their companies have various directorships. One of the man in charge is a preferred man of Magnum boss, which in turn is a Jibby buddy, and his partner is Jho Low's father in MWE (famous Penang textile company of the past).

Their first venture in KL was Titiwangsa Sentral - which sold out like mad.

Then they moved to The Oval @ KLCC... halfway through, they sold the entire project to Guocoland. The GM for Guoco at that time was removed for making this decision. Rumours that they did not follow the submitted building plans when they built it causing CCC problem, or rather it was passed to the new owner.

With money on hand, they continued their spree across the KLCC markets besides one in TTDI.

Investors are generally very happy with their Property which held some of the best appreciation rates, if not very good location, and right product mix with affordable pricing and sizes.
This post has been edited by accetera: Feb 12 2016, 03:25 PM
TSaccetera
post Aug 12 2016, 12:41 AM

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RM1,150 psf onwards.

Pay downpayment.

Issue 2nd cheque post dated soon for second 10%.

Fast! Time to act before too late.

This post has been edited by accetera: Aug 12 2016, 12:41 AM
TSaccetera
post Aug 12 2016, 12:53 AM

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QUOTE(BEANCOUNTER @ Aug 12 2016, 12:46 AM)
U forget to add...

Sign spa within one week.....irespective if yr loan approved or not
*
Ok yaya. Haha. Old already.

See you guys at the "Launch Day".
TSaccetera
post Aug 12 2016, 12:43 PM

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Gonna be BBB BBB BBB... as so many pipu I know going. In 3-4 hours finished
TSaccetera
post Aug 12 2016, 06:27 PM

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Idaman Residence units are large right? Heard the management wasn't so good.

Parkview doesn't look like its in KLCC location. Haha.
TSaccetera
post Aug 23 2016, 03:31 PM

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Wrote an article about it:
http://www.ptlm.com.my/index.php/component...rty-of-the-year
TSaccetera
post Aug 25 2016, 11:50 AM

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The rooms at the flank of each side reduced the need of corridor.
TSaccetera
post Sep 13 2016, 06:04 PM

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At this height, the view is very good. Not just the height, but do pay attention at the tower orientation.

 

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