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Investment SKYLUXE ON THE PARK @ BUKIT JALIL [OWNERS' THREAD], SkyWorld. Design the Experience.

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Chris Chew
post Aug 3 2014, 02:42 PM

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I believe this project is not so soon and a lot of details are not confirm yet.

Very interesting project indeed.

nkhong
post Aug 3 2014, 03:49 PM

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This thread si pek good ah, discussing just based on one picture. Good ah, good ah, search more picture and open more thread.
nookie188
post Aug 3 2014, 03:57 PM

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calvary church and taman bukit jalil ? -

dun see any vacant land wor...does this have view of the park ke?
vvlp
post Aug 3 2014, 04:02 PM

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details pls
rainman19
post Aug 3 2014, 05:57 PM

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who bhind this skyworld? sounds like TAN SRI punya project
vry aggresive, launch diff project in diff area
yjtan15
post Aug 4 2014, 11:16 AM

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Bukit Jalil is a nice place.

I hope they dont make it as congested as MK.

Optimal supply is paramount. Too much then price correction and then downturn.


ivanpei
post Aug 4 2014, 04:06 PM

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Wa jialat another tall tower in Bukit Jalil? Sibeh Ong! Details please, is it condo/service apartment, got commercial below like Link2? Postage stamp size studio or full size? Thank you very much!

From ntpworlddev.com it looks like a service residence. So that means commercial title service apartments? From the picture looks like they plan to build a mall below. I count 7 floors or retail minimum from the picture. Or is it carpark bays? Not sure. Then above the mall looks like 42 floors of service apartments. So total about 50 stories? Wow!

This post has been edited by ivanpei: Aug 4 2014, 04:16 PM
ctlim78
post Aug 4 2014, 08:28 PM

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is just beside the entrance2 of the bkt jalil recreation park.
Babizz
post Aug 4 2014, 08:44 PM

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BJ needs 50 stories tower to attract people from far away.
TSaccetera
post Aug 4 2014, 09:54 PM

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QUOTE(ivanpei @ Aug 4 2014, 04:06 PM)
Wa jialat another tall tower in Bukit Jalil? Sibeh Ong! Details please, is it condo/service apartment, got commercial below like Link2? Postage stamp size studio or full size? Thank you very much!

From ntpworlddev.com it looks like a service residence. So that means commercial title service apartments? From the picture looks like they plan to build a mall below. I count 7 floors or retail minimum from the picture. Or is it carpark bays? Not sure. Then above the mall looks like 42 floors of service apartments. So total about 50 stories? Wow!
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So as per your Bukit Jalil City thread, what is your opinion if Bukit Jalil continues to climb to RM1,000psf?
ivanpei
post Aug 5 2014, 12:07 PM

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In my opinion Bukit Jalil is perfect as a upper middle class own stay enclave like Mont Kiara and Desa park City. It has LRT, malls, highway access, close to KL, golf course/country club. However I think the density is a little too high and it needs some offices to really sustain 1000 psf prices. If Bukit Jalil city turns out like Mid Valley City, which has Offices that can turn the area into a business District, 1000 psf prices are justifiable.

The studios/condos in Mid Valley City are also 900-1000 psf. So in my opinion that would be best case scenario. Worse case scenario will be like Damansara Pendana which is 600-700 psf steady growth.

I'm hoping it will be more Mid Valley City than Damansara Pendana. Haha like any investment there is risk lar.

This post has been edited by ivanpei: Aug 5 2014, 12:09 PM
Babizz
post Aug 5 2014, 12:25 PM

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QUOTE(ivanpei @ Aug 4 2014, 10:07 PM)
In my opinion Bukit Jalil is perfect as a upper middle class own stay enclave like Mont Kiara and Desa park City. It has LRT, malls, highway access, close to KL, golf course/country club. However I think the density is a little too high and it needs some offices to really sustain 1000 psf prices. If Bukit Jalil city turns out like Mid Valley City, which has Offices that can turn the area into a business District, 1000 psf prices are justifiable.

The studios/condos in Mid Valley City are also 900-1000 psf. So in my opinion that would be best case scenario. Worse case scenario will be like Damansara Pendana which is 600-700 psf steady growth.

I'm hoping it will be more Mid Valley City than Damansara Pendana. Haha like any investment there is risk lar.
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in the future, u think Pavi BJ got potential to attract people from elsewhere or not?
On a side note, BJ's population is not high but growing at a fast pace due to enw condo's and many homes in nearby OKR
. Accessibility/traffic will be much btr in the future, hence people might wanna shop in the real Pavi not the BJ one?
Babizz
post Aug 5 2014, 12:28 PM

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Moreover, many retail units/malls coming up and I don't know how some of them gonna end up. Pavi BJ is huge (a major plus point) but with Paradigm there as well, one can see more malls as a formula for success but I fear empty malls may be a major letdown.
ivanpei
post Aug 5 2014, 12:37 PM

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I think BJ Pavi is very likely to be successful because there is no other mall of this Size in Kl south. Each area of KL is dominated by a particular mall for example Kl Northwest is by 1Utama/Curve. KL center has plenty, KL west has Midvalley Kl South West has Sunway Pyramid. KL South at the moment only has Viva? The Kl South catchment has been slowly increasing in size as townships like Sri Kembangan, Bukit Jalil, Okr, Oug, Sungai Best etc keeps increasing. There is no large regional mall in KL south so I'm quite confident Pavi BJ will do very well.

With the oncoming Kidex, access from Damansara and PJ to Kl South will be much improved, directing Upper Middle Class shoppers to BJ. As for KLCC nobody really wants to go that far unto KL city lar. Usually people just head to the nearest regional mall and do their shopping /movies / makan over there. For example I live in BJ now. The nearest supermall for me is Midvalley. I hate going there and fighting the Jam and parking issues but no choice since it's the closest. I definitely wish there was a closer mall in KL South but there isn't. So people like me who are from KL south will definitely be wishing for a new supermall in the area.

Every corner of KL will have a supermall d, even Cheras in the east will have Sunway Velocity. I think BJ Pavi and Sunway Velocity will be the last 2 supermalls in KL since all the DBKL areas will be covered by MV, BJ Pavi and Sunway Velocity. Look at Velocity condos already 1000psf. Cheras area is congested and chap like Puchong also can sell 1000 psf due to the mall. I would argue BJ Pavi will at least be similar to Velocity.

This post has been edited by ivanpei: Aug 5 2014, 12:49 PM
bigman
post Aug 5 2014, 01:11 PM

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QUOTE(ivanpei @ Aug 5 2014, 12:37 PM)
I think BJ Pavi is very likely to be successful because there is no other mall of this Size in Kl south. Each area of KL is dominated by a particular mall for example Kl Northwest is by 1Utama/Curve. KL center has plenty, KL west has Midvalley Kl South West has Sunway Pyramid. KL South at the moment only has Viva? The Kl South catchment has been slowly increasing in size as townships like Sri Kembangan, Bukit Jalil, Okr,  Oug, Sungai Best etc keeps increasing. There is no large regional mall in KL south so I'm quite confident Pavi BJ will do very well.

With the oncoming Kidex, access from Damansara and PJ to Kl South will be much improved, directing Upper Middle Class shoppers to BJ. As for KLCC nobody really wants to go that far unto KL city lar. Usually people just head to the nearest regional mall and do their shopping /movies / makan over there. For example I live in BJ now. The nearest supermall for me is Midvalley. I hate going there and fighting the Jam and parking issues but no choice since it's the closest. I definitely wish there was a closer mall in KL South but there isn't. So people like me who are from KL south will definitely be wishing for a new supermall in the area.

Every corner of KL will have a supermall d, even Cheras in the east will have Sunway Velocity. I think BJ Pavi and Sunway Velocity will be the last 2 supermalls in KL since all the DBKL areas will be covered by MV,  BJ Pavi and Sunway Velocity. Look at Velocity condos already 1000psf. Cheras area is congested and chap like Puchong also can sell 1000 psf due to the mall. I would argue BJ Pavi will at least be similar to Velocity.
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Sunway velocity the price can up to 1000psf not bcos solely of shopping mall.... pls do ur home work n study the whole development in n surrounding the project....u just give a comment by ur own short view.... cool2.gif
btw, bkt jalil city mall (actually is not pavilion 2) is just regional mall....the catchment is just surrounding area like oug, kinrara, seri kembangan....if wan compare to kl area ...is will be different prospect.....

the area like Desa Park City, bangsar, mont kiara also din have big shopping mall...y the property price at those areas are higher compared other?.....just think about it.... very proud everyday can shopping...huh??

This post has been edited by bigman: Aug 5 2014, 01:19 PM
HELLO HELLO
post Aug 5 2014, 02:52 PM

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QUOTE(ivanpei @ Aug 5 2014, 12:37 PM)
I think BJ Pavi is very likely to be successful because there is no other mall of this Size in Kl south. Each area of KL is dominated by a particular mall for example Kl Northwest is by 1Utama/Curve. KL center has plenty, KL west has Midvalley Kl South West has Sunway Pyramid. KL South at the moment only has Viva? The Kl South catchment has been slowly increasing in size as townships like Sri Kembangan, Bukit Jalil, Okr,  Oug, Sungai Best etc keeps increasing. There is no large regional mall in KL south so I'm quite confident Pavi BJ will do very well.

With the oncoming Kidex, access from Damansara and PJ to Kl South will be much improved, directing Upper Middle Class shoppers to BJ. As for KLCC nobody really wants to go that far unto KL city lar. Usually people just head to the nearest regional mall and do their shopping /movies / makan over there. For example I live in BJ now. The nearest supermall for me is Midvalley. I hate going there and fighting the Jam and parking issues but no choice since it's the closest. I definitely wish there was a closer mall in KL South but there isn't. So people like me who are from KL south will definitely be wishing for a new supermall in the area.

Every corner of KL will have a supermall d, even Cheras in the east will have Sunway Velocity. I think BJ Pavi and Sunway Velocity will be the last 2 supermalls in KL since all the DBKL areas will be covered by MV,  BJ Pavi and Sunway Velocity. Look at Velocity condos already 1000psf. Cheras area is congested and chap like Puchong also can sell 1000 psf due to the mall. I would argue BJ Pavi will at least be similar to Velocity.
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wah... velocity is different case lor.... location wise and surrounding future development anytime better than bukit jalil lor. velo also very very close to kl city. actually soon to be part of kl city. future financial centre trx also 1 stop away only. and trec also another development next to SGCC golfclub also very near velo. bukit jalil cannot compare with it... totally different level lor.

This post has been edited by HELLO HELLO: Aug 5 2014, 02:56 PM
Cocoon
post Aug 5 2014, 02:56 PM

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QUOTE(HELLO HELLO @ Aug 5 2014, 02:52 PM)
wah... velocity is different case lor.... location wise and surrounding future development anytime better than bukit jalil lor. velo also very very close to kl city. actually soon to be part of kl city. bukit jalil cannot compare with it... totally different level lor.
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Wah not fair to compare those malls in city center lo. Even pavilion also cannot compare to klcc lo. Anyway interesting to read the comments. Why not we create a thread and monitor every year and see who is genius n who is idiot? I monitor ok boh ? Kekeke

This post has been edited by Cocoon: Aug 5 2014, 02:58 PM
ivanpei
post Aug 5 2014, 03:06 PM

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Haha nobody will know one lar. In my opinion both are good projects. Just see risk appetite lar. We will only know years later.
bigman
post Aug 5 2014, 03:23 PM

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QUOTE(ivanpei @ Aug 5 2014, 03:06 PM)
Haha nobody will know one lar. In my opinion both are good projects. Just see risk appetite lar. We will only know years later.
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For investment (rental, capital appreaciation in long term..) sure will go to velocity...

Velocity current price 1100psf...compare KLCC which max is about 2000psf (Pavilion residence, tribeca...)....so is still has room to appreaciate...plus underground MRT & LRT, Cochrane redevelopment, TRX..etc...

for own stay n good environment (greenary, park to jogging...) sure will go to bkt jalil

bj current price is around 600 to 750 psf..... the latest new launch project sure will b the bench mark....so wat ever u buy now (new launch) will be highest price.... the rental yield surely is lower compare KL.....

This post has been edited by bigman: Aug 5 2014, 03:28 PM
Cocoon
post Aug 5 2014, 03:40 PM

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QUOTE(bigman @ Aug 5 2014, 03:23 PM)
For investment (rental, capital appreaciation in long term..) sure will go to velocity...

Velocity current price 1100psf...compare KLCC which max is about 2000psf (Pavilion residence, tribeca...)....so is still has room to appreaciate...plus underground MRT & LRT, Cochrane redevelopment, TRX..etc...

for own stay n good environment (greenary, park to jogging...) sure will go to bkt jalil

bj current price is around 600 to 750 psf..... the latest new launch project sure will b the bench mark....so wat ever u buy now (new launch) will be highest price.... the rental yield surely is lower compare KL.....
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but hor velocity vs pavilion also a big gap woh. velocity is in cheras area and only city center wannabe... you are comparing jiao lai 1100psf vs klcc prime 2000psf woh tongue.gif .. anyway i like velocity with mrt icon_idea.gif

city malls have very stiff competition with trx, bandar malaysia in play, lets see how this unfold

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