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

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SUSbf1119
post Aug 12 2016, 10:18 AM

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QUOTE(meteoraniac @ Aug 12 2016, 10:00 AM)
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
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This area very hard to find tenants recently.
Owners asking prices high only.lol
SUSbf1119
post Aug 14 2016, 11:31 PM

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IF Rumawip come to this area soon

LOL
SUSbf1119
post Aug 16 2016, 02:31 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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the gravity of city center likely move downwards closer to 118
SUSbf1119
post Aug 17 2016, 12:46 AM

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QUOTE(willyboy88 @ Aug 16 2016, 10:51 PM)
The trend has begin to change.
Nowadays big multinational like cheaper land or cheaper rent to reduce cost.
For example, big global IT company or bank's back end support would rather build in area less expensive e.g. Cyberjaya, Bandar Utama, TPM Bukit Jalil compared to KLCC etc.

KLCC area is still good but its more and more like a tourist place or convention place now.
Next time, more engineering firm may relocate to Bandar Malaysia and Financial and insurance firms may relocate to TRX.
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Many mnc already moved out from klcc to bangsar south. Kl central, damansara. left those half die mnc corporate partners with petronas at klcc

 

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