QUOTE(jhuitan @ Aug 4 2017, 11:42 AM)
my god neck patah loInvestment SKYMERIDIEN @ SKYCITY SENTUL EAST [OWNERS' THREAD], SkyWorld. Design the Experience.
Investment SKYMERIDIEN @ SKYCITY SENTUL EAST [OWNERS' THREAD], SkyWorld. Design the Experience.
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Aug 4 2017, 11:45 AM
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#1
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Sep 16 2017, 02:22 PM
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#2
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leasehold? most of the sentul projects are freeholds
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Apr 25 2018, 11:18 AM
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#3
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May 13 2018, 10:24 PM
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#4
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QUOTE(SoMeOnE121 @ May 3 2018, 02:38 PM) Hello guys! this is my first post on LYN This project has a lot of potential due to its proximity to LRT, and possibly MRT3 in the future too. However I have a few concerns regarding this project.Been researching and talking to many that are familiar with Sentul/Setapak area as I'm seriously considering these areas only for some personal reasons. I feel this project is a little on the expensive side at RM550 psft but taking into the account that area is going to experience a real change with the river of life project nearby and the fact that the low rise flats are being bought up slowly for future 'Sky City' (not confirmed but doesn't matter to me) projects and within walking distance to LRT, I can see this location really appreciating in value..this developer quite pandai and more importantly has the right 'connections' within DBKL which is why they have come out of nowhere and sticking it to the bigger guys... The mrt 'circle line' project is also strongly rumoured to link up with Sentul Timur to futher add future value... but the downside of this project is that its leasehold and commercial land..to some people at least la..but for me location is everything... some people also feel the low-cost public flats are a sore eyes but I rather live with middle-class locals around me then shady rich foreigners like pak arab and hitam for self-stay with decent public transport... the stories about african drug/scam syndicates and palestinian shooting shows that it's safer to have locals around..infact these flats and community composition (working class malays, chinese and indians) will deter the 'pak' to stay there IMO and protect the rental market if it's gonna be an investment And seeing the asking price of the nearby freehold condos are so much more for the same size.. I might opt for this.. The rest of the projects within preferred budget and size are either too dalam from the city e.g Wangsa Maju, Danau Kota with long rush hour jam or too dense..e.g Sentul Pasar road condos... even factoring in congestion in the area..you are more or less 3-5 km from the city centre with plenty of links to plenty of roads such as DUKE, MRR1, Jalan Pahang, Jalan Ipoh so u will basically have a much shorter commute to KL/PJ than most developments in the areas I'm comparing it with.. These are my 2 cents about Sky Meridien lor...the layout and features are also really nice for the price.. I suggest to go to the showroom and see it for yourself .....I'm not an SA or a buyer. but might be a future buyer very soon as I can't seem to find a project with a better balance of pros and cons in this part of KL that's within my budget... I'm quite surprised that this project has gone somewhat under the radar.(oversupply?) ...judging by the actual take-up rate, a lot are quietly snapping them up... 1. The accessibility: There is only two access points to this project. One is through Jalan Sentul passing by Sentul Timur LRT station, the other being from Jalan Pahang. The road leading from Sentul Timur LRT station is very jam prone as people tend to park their car at the roadside making it a one lane road, try driving over there after working hours, traffic is pretty bad. 2. The development: While all the development going around the project will be good for the long term, I am concerned about the short term livability of the area. You have the redevelopment of the low cost flats going on at the back of the condo, MRT3 (potential) at the front of the condo, YTL land around the area and there is a mention of a wet market behind Sentul Timur station. These development will surely go beyond the VP dates of SkyMeridien as they are HUGE projects. I can only imagine all the dust, bad road conditions, high traffic volume that are caused from those constructions going on. |
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May 27 2018, 10:07 AM
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#5
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I am more concerned towards how Skyworld will be impacted as a company due to this scandal. Yes the construction may still move forward, but the last thing we want is for the developer to be embroiled into some sort of scandal. Who knows that this might lead to company directors being impeached, company reputation affected, cash flow issues etc etc.
I know this is all speculation but who knows if this might happen. The last thing I want for my undercon property is to deal with all these unnecessary hiccups. |
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May 30 2018, 08:47 PM
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#6
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still got LRT mah...
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Aug 16 2018, 09:38 AM
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#7
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Capers turn out to be good investment due to it being walking distance to lrt sentul station. I saw many expats rented that place.
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Aug 28 2018, 10:44 AM
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#8
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They told me that they will redevelop the flats. Not sure how the compensation will go though
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Sep 25 2018, 08:48 AM
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#9
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Sep 26 2018, 01:13 PM
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#10
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QUOTE(sathishfiles @ Sep 26 2018, 11:51 AM) Fyi.. i just got insider update... Those thinking that this 4story block will be demolished can continue dream on.. I don’t think it is possible too. The land purchase is so complicated moreover it affects so many familiesAll this happened due to hasty land sell to skyworld by dbkl before election..... Lol... |
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Nov 27 2018, 10:48 AM
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#11
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Nov 28 2018, 12:06 PM
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#12
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Dec 1 2018, 08:09 PM
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#13
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Apr 1 2019, 11:59 AM
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#14
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QUOTE(SoMeOnE121 @ Apr 1 2019, 11:48 AM) Yeah agree. Even if there has been an issue, it's more to do with Ku Nan and his Yayasan thing. The devs basically followed the requirements of the gov of the day. Whether if it was legal or not, does not rest on the developer as they followed procedure. That's why Skyworld's presser keep saying they followed procedure. But in the event if they bribed, should it be wrong in any circumstances? I am just making an assumption.Btw any sifu in here know what's gone wrong with Eko Titiwangsa? It's been abandoned at carpark level more than a year and is quickly becoming and an eyesore in that area. Also, one of the reasons I bought a unit in SM is to get the knock-on effect from that project and the water taxi etc...Looks like they having some issues..ROL in Titiwangsa lake side seems to be progressing though, just don't understand why the condo is halted. |
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Apr 18 2019, 02:08 PM
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#15
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Jul 22 2019, 05:10 PM
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#16
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QUOTE(SoMeOnE121 @ Jul 22 2019, 01:02 PM) From my last visit, Block A all the smaller units have been taken up..those that are mostly left are the big units the 13xx size ..the below 1000 sqft I think none left... Yes I do agree that the close proximity with the LRT station is a huge plus. However, many are banking for a redevelopment of the surrounding area when they inquire about this project, this project's location is not as good as Fennel or Capers as it is surrounded with low cost houses, as Fennel or Capers is located at the main road, which is surrounded by YTL developments.But to be fair sales have been a little slow for this project. SA told me many find it too expensive because many cross-reference with Sentul Pasar road projects during enquiry Even when I was shopping in this area, i subconsciously thought about those projects when actually this project is a couple of steps more premium than those condos and nearly at the level of the YTL projects..also not forgetting the close proximity to LRT and much more accesible and less congestions (Got direct exit ramp from DUKE 2) Do note that Block B starts at a higher price ya...because less unit overall but maybe they might be throwing in cabinet etc... So expect sales to just slug its way to completion since not much freebies or discount but I dont think project sucess has got anything to do with take up rate...as long as they sell eventually...should be ok...market conditions are quite tough for 600k-800k + properties IMO all things considered, its the best balance of facilities, location and price at Sentul area atm for projects currently undercon if you stop comparing to sentul pasar condos which are in a diff segment.. If you compare them to the YTL condos, they really are great value for what you're getting... but that's just my Opinion...everyone has their own... |
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Oct 21 2019, 11:40 PM
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#17
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QUOTE(MrGeex @ Oct 21 2019, 08:54 PM) I think the sales is not doing well is it..? Last time they bank very heavily on having MRT3, and the redevelopment of the land behind. Now that both will not materialize, sales will be affected loh.Last time they keep calling me to promote their units.. and lately they introduce the Houzkey program.. A bit overpricing and furthermore they are leasehold... |
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Oct 22 2019, 12:28 PM
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#18
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QUOTE(DesRed @ Oct 22 2019, 09:58 AM) When I first paid a visit at around early last year, the sales staff who attended to me didn't mention anything about MRT3. She only mentioned the Sentul Timur LRT station and was promoting on how close it is by 300m. Furthermore, a covered walkway to it was also touted at that time. When I went I think MRT3 was not postponed yet hence it remained as one of their selling points.But bear in mind that I visited a few months after it was launched late in 2017, so the marketing folks could've changed their angle during that time. Even for now with Sentul Timur station being at walking distance, it ain't too bad either. So I cannot understand why they are not selling well. |
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Oct 22 2019, 07:47 PM
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#19
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QUOTE(SoMeOnE121 @ Oct 22 2019, 03:03 PM) Yes its good considering the entry price is quite high overall. Problem is, in Sentul, lot of people mental benchmark it with Pasar Road Condos when they really should be comparing it to Fennel etc. Instantly they feel its mahal when compared to pasar road but in reality location and mostly every feature way better and if you are comparing it to Fennel etc, it's way better value too. Maybe on luxury feel those YTL Condos are better but I believe once complete, this project won't be far off (based on the facilities, design etc) I guess one bad thing is the surroundings? It is fascinating how 200m can change the entire outlook of a condo.On a separate note, does anyone notice how over-eager they are with those Sky Meridien Signboards? I had friends passing through the area asking me why got so many signboards to this one condo. Hahahhaha. Maybe its advertising. |
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Oct 29 2019, 07:29 PM
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#20
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QUOTE(caed @ Oct 29 2019, 03:15 PM) I just signed my Houzkey agreement today! Conversation in this thread has a good mix of concerns and optimism. I'm leaning towards the positive side cause I'm gonna be bias now lol. If there's an owner group i.e. Whatsapp, please let me know Rent to own scheme? I wonder who will be renovating the house after VP?I've been keen in SkyWorld project since SkyAwani 3 and when looking into SA4, the agent introduced me to SkyMeridien instead. As an investment, I do like the proximity to LRT and just the overall reputation of the developers projects (from outside view la without all the controversies). Probably is slightly overpriced in ratio to the sqft but facilities and quality should make up for it. Not sure about the surrounding area but will take everyone's word for it, good or bad. Good rental 'instalments' and low entry fee via Houzkey made it sensible for me. Hope the financial and emotional returns are good lol |
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