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Investment TRADEWINDS BELFIELD, Tan Sri Syed Mokhtar ventures into Condo

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Babizz
post Jun 13 2021, 01:34 PM

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TRADEWINDS Corp Bhd plans to launch the first phase of its Belfield project in Kuala Lumpur, comprising high-end serviced apartments. The going price could be below RM1,000 per sq ft for property in a secluded area in the city centre.

“Our price range will be ‘obscenely ridiculous’ at potentially less than RM1,000 psf. But we will not compromise on value. I have seen it being done in other countries and I don’t see why this can’t be done here,” group managing director Datuk Wira Azhar Abdul Hamid says.

https://www.theedgemarkets.com/article/cove...ffordable-price

close to 6 year old article. still waiting for this.
sjteh
post Jun 13 2021, 01:38 PM

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Drb hicom also have land that vacant for 10yrs in Glenmarie cove & until recently launched.

Same same.....
Babizz
post Jun 13 2021, 01:40 PM

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QUOTE(sjteh @ Jun 12 2021, 11:38 PM)
Drb hicom also have land that vacant for 10yrs in Glenmarie cove & until recently launched.

Same same.....
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but at least hicom got reputation built KK but glenmarie cove fail. some guru said this will be launched soon n low land cost, i wait until neck long already for this leasehold project.

Last time mention “Our price range will be ‘obscenely ridiculous’ at potentially less than RM1,000 psf."
sjteh
post Jun 13 2021, 01:43 PM

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What I meant is same mother company n same culture...
nivota
post Jun 13 2021, 04:33 PM

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QUOTE(Babizz @ Jun 13 2021, 01:40 PM)
but at least hicom got reputation built KK but glenmarie cove fail. some guru said this will be launched soon n low land cost, i wait until neck long already for this leasehold project.

Last time mention “Our price range will be ‘obscenely ridiculous’ at potentially less than RM1,000 psf."
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KK is a JV between DRB HICOM and Gamuda
Babizz
post Jun 14 2021, 09:35 AM

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QUOTE(nivota @ Jun 13 2021, 02:33 AM)
KK is a JV between DRB HICOM and Gamuda
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True but let's see how many more years to wait if this ever happens.
owllim
post Oct 26 2022, 07:12 PM

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park
Cavatzu
post Oct 26 2022, 07:29 PM

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Akan datang?
rotloi
post Oct 26 2022, 07:32 PM

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Tak jadi lah tradewinds ....hmmm
Cavatzu
post Oct 26 2022, 07:54 PM

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It’s buyable at the 900-1k psf range but needs Sunway to be sold out first or you have that freehold vs leasehold comparison. I suspect that’s why they waited this long cuz they can’t compete with Sunway’s price point - all of the rest are on leasehold land.

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