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

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gks
post Sep 28 2015, 11:36 PM

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QUOTE(nickchin @ Sep 28 2015, 04:27 PM)
Any owners of Monoland's past development that can share some views on their project quality? Is it worth to buy their project for own stay? Do they provide quality finishing and good materials?
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For the price paid and location you get, The material, finishes and finishes provided is decent and above average. Some KLCC just give engineered timber flooring and porcelain tiles. Monoland always give solid timber flooring and marble tiles.

However do not expect to be treated like a king despite paying for a million property. In fact their after sales customer services almost close to nil.
gks
post Sep 28 2015, 11:39 PM

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QUOTE(AMINT @ Sep 28 2015, 10:08 PM)
Klcc rental becoming less and less attractive now since so many units coming in. Aiyoyo. Soho klcc also not easy to get tenant now
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SOHO KLCC for some reason always not the fav unless you are tight on budget. For 1+1 in Vipod, you can easily get 2 bedders in SHOO KLCC.

So far despite OnG is slumping, didn't hear expats contract being terminated indiscriminately.
gks
post Oct 8 2015, 11:46 AM

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QUOTE(BEANCOUNTER @ Oct 8 2015, 11:31 AM)
still need connection to buy???

if launched price around 1200-1300psf
min 800sq
total units > 1000 units
during property downturn time
and majority of bankers are closing their water taps

so many millionaires in Malaysia meh? blush.gif
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Quite a number of monoland buyers they buy without financing

gks
post Oct 8 2015, 12:42 PM

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QUOTE(AMINT @ Oct 8 2015, 12:29 PM)
You buy their previous projects, u will get the connection. however, since previous projects also need connection to buy, very hard lor. ;p
forgot to tell, u can start by buying their unsold 1 or 2 units of soho suites. they do have them. dont expect cheap though coz already completed.
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I think SOHO left office suite.

Maybe can look into Quadro.

In perspective, Vortex 442units with price tag of close average rm1m can be sold out without single ads. Sky suites with superior location and range of sizes should be do similarly well.
gks
post Feb 9 2016, 11:23 PM

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QUOTE(icemanfx @ Feb 9 2016, 05:27 PM)
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.
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The groundworks already started since few months ago even without started to sell. Very unlikely funding is an issue for this developer
gks
post Jun 13 2016, 05:58 PM

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QUOTE(Realestate.my @ Jun 13 2016, 05:56 PM)
Is this project cancelled ?
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The launches is postponed.
gks
post Jun 20 2016, 01:42 PM

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QUOTE(korean_girlsclub @ Jun 19 2016, 01:22 AM)
This few day busy on vortex renovation. We have more than 40 units in vortex. Anyone interested to get a unit in vortex can PM me. But subsale and price range from 1500 to 1800psf
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The interiors seem more for airbnb
gks
post Jun 23 2016, 03:25 PM

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Monoland style.. Their past modus operandi is pay 10% DP and Sign SPA on the spot... No rebate or any gimmick..

On top of this... they already completed the piling... Means another 10% within 3months after SPA is signed... Make sure you have RM200K cash ready and if you are offered low floor unit, another 10% probably within a year...

In nutshell, RM300K cash within a year if you are under LTV70 loan. And steel balls to sign SPA before secure a loan (If you need loan).
gks
post Jul 14 2016, 09:23 AM

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Please ask how much commission he is looking to "help" you to book.
gks
post Jul 14 2016, 05:32 PM

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Maybe the forumner will be generous to help you to book without any monetary return. lol.
gks
post Jul 22 2016, 09:52 AM

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Those who interested, Why you guys not dropby to the developer office?
gks
post Aug 18 2016, 10:25 PM

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QUOTE(j0hn____ @ Aug 18 2016, 03:55 PM)
In KLCC .. not really see how much RM ??? PSF , just look at ( how many room & how look nice Interior design !!

I have marc KLCC , only one room (630sq )can rent out RM5500 for 4 year now . bco now rich ppl in KLCC all looking Interior design and Luxury furniture .. then can Pay more money  for rental
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Lost with your statement
You have been doing Airbnb for 4years?
gks
post Aug 23 2016, 04:02 PM

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no picture of the sales gallery and the crowds?
gks
post Aug 23 2016, 05:32 PM

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QUOTE(cheahcw2003 @ Aug 23 2016, 04:48 PM)
In fact, Sky Suites is priced cheaper than all its previous products (sub sales price).
Cheaper than the current asking price for Vortex, Vipod, Quadro and Soho.

From PTML review, it shows 986 units altogether.
Monoland's business model is about playing with plot ratio, that is the recipe to get the psf low.
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The land size is also sizable compared to their previous launches. Vortex and Vipod for example, less than one acre.

gks
post Aug 23 2016, 06:05 PM

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QUOTE(JChoo @ Aug 23 2016, 05:57 PM)
Ha ha...sales gallery got nothing about Sky Suites....mana ada crowd....buyer make appointment sign SPA and pay 20% down.....smooth sales ..
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No crowds nothing.. how to be hottest property of the year? wub.gif
gks
post Aug 25 2016, 11:55 AM

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QUOTE(eXTaTine @ Aug 25 2016, 11:54 AM)
The layout with the units at triangular angles, just seems weird to me...will be hard for furnishing?
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it wouldn't be as difficult as vortex.
gks
post Aug 25 2016, 12:04 PM

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QUOTE(BEANCOUNTER @ Aug 25 2016, 12:00 PM)
sorry dun understand.
can elaborate more??? thanks

you mean corridor inside the unit or common corridor outside the units?
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Usually you have corridor leading to bedrooms in conventional unit layout setup which is not usable space and less efficient
gks
post Aug 31 2016, 11:48 PM

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QUOTE(cteh2 @ Aug 31 2016, 10:33 PM)
Also, may I ask is this SkySuites KLCC project worth to invest for rental purposes? Need some inputs, thanks
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What research you have done of monoland project or klcc area?
gks
post Sep 1 2016, 11:02 AM

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QUOTE(eXTaTine @ Sep 1 2016, 10:57 AM)
Wouldn't Idaman offer better value since its now about 800+ psf? You also can choose a unit with views and carpark plus facilities already included in maintenance.
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Idaman indeed is good value.
However for comparison... 915sqft idaman vs 818sqft sky suites....
You have 1 vs 3bedrooms. More efficient layout.
One key vs dual key
Conventional facilities vs rooftop facilities
Idaman is coming 10years in 2018 where sky suites is brand new.
gks
post Sep 2 2016, 12:57 PM

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QUOTE(BEANCOUNTER @ Sep 2 2016, 12:29 PM)
give u more bedrooms mean more efficient layout?

then everyone must buy mahsing punya garden resi lioa loh.....5xxsq 4 bedrooms...sure super efficient.

something got to give....more 'small bedrooms', narrow living and kitchen space.......only good for hours biz model....or airbnb....of some kind.
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It was not about the quantity of rooms but the utilization of space. Space that fit for the purpose. This will translated into higher return provided all others are equal.



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