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

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TSaccetera
post Apr 4 2016, 05:57 PM

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QUOTE(ChuiChuiShui @ Apr 4 2016, 04:15 PM)
http://skyluxe.com.my/location-us/

Link bridge to pavilion? is it open to public? sharing the same with park sky owners?
*
The bridge is a pedestrian bridge to the centre grounds of the park walking towards the Mall. Centre ground is about halfway to SkyLuxe.

The bridge will be built by Malton.

SkyLuxe show gallery will be completing soon. Those who want developer Invite, can PM me directly.
TSaccetera
post Apr 11 2016, 12:53 AM

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Yes. It's wow especially for the limited edition types.
TSaccetera
post Apr 12 2016, 11:51 AM

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SkyLuxe is totally different location than Expressionz.

Both locations have different dynamic and fundamentals.

Suburban market is generally more geared towards local demand but the yields generally are much lower moving forward as capital prices catch-up faster than rental price.

Bukit Jalil has seen many successful launches over last 2 years due to several reasons including the Pavilion mall factor and the demand for selected suburban properties are still relatively strong. For the city centre market, I think BBCC will be something to look forward to.

This post has been edited by accetera: Apr 12 2016, 11:54 AM
TSaccetera
post Apr 12 2016, 06:53 PM

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No agencies involved now is the best.
TSaccetera
post Apr 13 2016, 12:15 PM

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We will share with you all the private preview with developer soon.
TSaccetera
post Apr 13 2016, 03:35 PM

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Don't know why people don't read info in earlier pages.


Indicative: RM750psf-RM850psf

Typical sizes: 661 sq ft (1+1 BR) to 1,214 sq ft (3 BR)

Limited edition sizes: 1,684 sq ft, 1,7xx sq ft

Total units in 2 towers: 477 units

Freehold.
TSaccetera
post Apr 13 2016, 11:15 PM

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QUOTE(tporn @ Apr 13 2016, 09:49 PM)
Wow! the price of condos are getting really crazy. RM750 to RM850psf ?
Even experience developer like Malton & WCT are not going at this price.

I remembered very well that Park Sky are only going for 730psf just less that one year ago...
Moreover this is a new developer in town. Have not completed any project before ler..
How to trust ?

Also saw their layout and was very surprise with alot space wasted in balcony area.
Paying same psf just for bigger balcony area?
I would think twice what about u?
*
We did Park Sky up to RM950psf with averages of RM880psf.

SkyLuxe prices have eased to a reasonable level and there are even limited units at below RM700psf.

Both SkyLuxe and Waltz will be around the same price range of RM750-850 psf, which is lower than Twin Arkz asking price now?

This post has been edited by accetera: Apr 13 2016, 11:16 PM
TSaccetera
post Apr 22 2016, 01:38 AM

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QUOTE
Hearsay net price from below RM700psf onwards. In terms of net absolute is RM530k onwards (smallest size but not the smallest variant). More info pls dont post pm here lah.
This post has been edited by accetera: Apr 22 2016, 01:40 AM
TSaccetera
post Apr 22 2016, 11:06 PM

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Brief info:

Freehold
Service apartment
Tower A (225 units)
Tower B (252 units)


Concepts:

Ant colony
Spider web
Butterfly chrysallis
Bird nest and bee hive


All units have variances in balcony sizes. Type C has an interesting layout. Type D1 comes with full L-shaped glass wall master bedroom. Some layouts have three-angled tampered glass balcony barrier to maximise view over park/mall, southern regions and golf course/stadium.
TSaccetera
post May 1 2016, 11:02 AM

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Park's water body is next to skyluxe

user posted image

user posted image


Lotsa birds at the green grounds just off skyluxe perimeter

user posted image


Discovered a shortcut trail to Bukit Jalil City (the blue hoarding)

user posted image


The view opposite the road

user posted image

This post has been edited by accetera: May 1 2016, 11:04 AM
TSaccetera
post May 1 2016, 11:38 PM

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Alot of new concepts will be unveiled as time comes including how you might be able to go to the mall via in just a few minutes??? (not just the bridge).

SkyLuxe's concept is uniquely parkhomes.

This post has been edited by accetera: May 1 2016, 11:39 PM
TSaccetera
post May 2 2016, 10:16 PM

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I want to stress that all cheques must go to the Developer Lawyer and not to developer.


TSaccetera
post May 3 2016, 04:54 PM

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My mom owned a unit at Anjung Hijau for me to stay last time. Somehow I don't like. I know everything about Anjung Hijau so don't think I'm ignorant.

I like Twin Arkz alot alot alot more.

This post has been edited by accetera: May 3 2016, 04:56 PM
TSaccetera
post May 4 2016, 06:55 PM

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QUOTE(jalsrix @ May 4 2016, 05:50 PM)
That's because you're obviously the property agent/manager of this project. Isn't it quite obvious.

If you don't receive any commission from this project, I bet you will say otherwise.

The land is extremely small and it's high density. Exiting from the condo will be a nightmare during peak hours.

When I have the time, I will post the long car queue from Shah Alam highway until Skyluxe.

Twin Arkz is similar to SKyluxe, cramped, small land and high density.

I bet the corridor will be very narrow in Skyluxe.
*
Yeah lah it's very jam here. But if there's no jam, I will avoid the place totally. And it is very bias to say that there are nowehere else in KL that is not jam. So I guess you are saying the road infront is as follows:

SkyLuxe = jam
Twin Arkz = jam
Pavilion = jam
Paradigm = jam?
Greenfields = no jam
The Link 2 = no jam
KM1 = no jam?

Btw SkyLuxe is a service apartment project that uses plot ratio and most recent land value and it cannot be compared to Greenfields which is a residential titled land based on residential density per acre computation (and ultimately land value in feasi) that is more than 10 years ago. An experienced realtor like yourself would have know how to differentiate between the two different types of products.

We don't really received sales commission for this project and even if we received certain consultancy fees for certain job targets it could be lesser than your subsale commission. Developer does not intend to allow agent sale because this project is highly confident to sell on their own, you may want to check with developer.

But we are happy to promote good projects on certain goodwill basis - that's what we do most times - i.e. free new project info sharing on FB. smile.gif

SkyLuxe configuration is well planned and I personally invite you to see for yourself before throwing unverified facts. Unlike Greenfields, it does not have long corridor and mini voids between units and no unit door is face-to-face.

Rest my case now and I think I want to sell off my Greenfields unit. You can help? I'm worried that my Greenfields tenant might just buy her own unit at SkyLuxe for own stay (it makes more sense to get her own unit after so many years right?).

This post has been edited by accetera: May 4 2016, 08:04 PM
TSaccetera
post May 6 2016, 10:01 PM

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QUOTE
General Info

Development Name: SkyLuxe On The Park @ Bukit Jalil

Developer: SkyLuxe Development Sdn Bhd, a member of SkyWorld Group

Property Type: Service Apartment

Compliance: HDA - for Residential Use

Land Title: Commercial

Land Tenure: Freehold

Land Area: 1.85 acres

Total Blocks: 2 blocks of 44-storeys

Total Units: 477 units
- Tower A: 225 units
- Tower B: 252 units

Total Units Per Floor:
- 7 units per floor in Tower A
- 8 units per floor in Tower B

Total Lifts:
- 4 lifts / central core at each tower block
- Including 1 service lift with double-sided door to serve enclosed service area

Targeted Official Launch: July 2016

Unit Types:
- Type A: 661 - 727 sq ft (1+1)
- Type B: 1,011 - 1,083 sq ft (3)
- Type B1: 1,024 - 1,087 sq ft (2+1)
- Type C: 905 - 978 sq ft (2+1)
- Type D: 1,140 - 1,205 sq ft (3)
- Type D1: 1,130 - 1,224 sq ft (3)

View Orientation:
- KL City (North)
- Park View (West)
- Golf Course/Stadium View (East)
- Park/TPM View (South)

Main Concepts:

1. Singapore BCA's CONQUAS Qualification.

2. GBI-rated residential-use development in Bukit Jalil.

3. Parkhomes lifestyle, towering over country resort.

4. Purely residential, no commercial/retail shop.

5. Dual exit checkpoint (for car).

6. Grand drop off feature via driveway/porte cochère.

7. Un-uniform facade with different feel at different angle.

8. Living area: Full height glass panel / slide door for balcony units.

9. Tampered glass balcony wall, including those with sides.

10. Semi-D layout for each unit. Type C is a bungalow unit.

11. Unit layouts are designed to maximise views.

12. Balcony units: extra length single balconies or dual balconies.

13. Private locker/storage at carpark podium (selected units).

14. Type A has 1 carpark bay. The rest 2 carpark bays and Type D1 with 3 carpark bays.

15. Over 30 facilities present at 4 levels.
- Ground Floor
- Level 9 and 10
- Level 24 and 25
- Level 43/44

16. Rooftop "bird nest": One of Bukit Jalil's tallest buildings.

17. You can cycle across the Park to regional mall - Pavilion Bukit Jalil (with mall bridge-to-park).

...and many more.
This post has been edited by accetera: May 7 2016, 04:31 PM
TSaccetera
post May 7 2016, 12:32 AM

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On technicality (if you bothered anyway), example, alot of Sunway projects have achieved it.

user posted image
TSaccetera
post May 8 2016, 07:16 PM

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This is SkyWorld's 4th project with more than a dozen projects coming up.

We think price is reasonable for its concepts and that's why we hosted an adhoc non agency preview for our registrants recently with large turnout.

This post has been edited by accetera: May 8 2016, 07:19 PM
TSaccetera
post May 9 2016, 10:24 PM

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The utilities can be residential but yet to be confirmed until later stage.

But water (Syabas) will be waived like most other service apartments in market (which is now a common product) that below it has a small % of shops.

Service apartments will continue to be a norm for prime land as I know due to my work in business development for another property developer (i think most ppl in this entire forum knows it).

As for density, I think this project is TALL (hence slightly more units) and developer has provided 2 exit points to solve the bottleneck issues which are common in older condominiums.

Example pricing for B-11-2 is RM589,000 for 707 sq ft, before rebates.

This post has been edited by accetera: May 9 2016, 10:33 PM
TSaccetera
post May 12 2016, 01:15 AM

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Btw SkyLuxe land is zoned commercial to begin with.

Service apartments are the most common product nowadays in High Growth Suburbs especially in places along a major thoroughfare like Jalan Klang Lama or Taman Desa.

Let's take a look at some of the service apartments that have thrilled various people in the forum and located nearest to SkyLuxe. Let me know if you want to know why developers are launching service apartments nowadays.


QUOTE
THE PARK SKY RESIDENCE @ BUKIT JALIL CITY
https://forum.lowyat.net/topic/3496676

TWIN ARKZ @ BUKIT JALIL
https://forum.lowyat.net/topic/2502482

THE LINK 2 RESIDENCES @ BUKIT JALIL
https://forum.lowyat.net/topic/3010909

PINNACLE SRI PETALING
https://forum.lowyat.net/topic/3939540

THE ZEST @ KINRARA 9
https://forum.lowyat.net/topic/2334458

9 KINRARA @ BANDAR KINRARA
https://forum.lowyat.net/topic/3925700

8 KINRARA SERVICED APARTMENT
https://forum.lowyat.net/topic/2841321

SOUTHBANK RESIDENCE @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3141013

TRANS RESIDENCE @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3536643

VIVO RESIDENCES @ 9 SEPUTEH
https://forum.lowyat.net/topic/2129646

VERVE® SUITES @ KL SOUTH
https://forum.lowyat.net/topic/2543353

SIMPLICITY KUALA LUMPUR, OLD KLANG ROAD
https://forum.lowyat.net/topic/3542172

AVANTAS RESIDENCES @ OLD KLANG ROAD
https://forum.lowyat.net/topic/2634513

SKYVILLE 8 @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3191250

CITIZEN @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3202119

PETALZ RESIDENCES @ OLD KLANG ROAD
https://forum.lowyat.net/topic/2651939

D'SANDS RESIDENCE @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3189028

SKYRISE RESIDENCE @ TAMAN DESA
https://forum.lowyat.net/topic/3307833

DESA GREEN SERVICED APARTMENTS
https://forum.lowyat.net/topic/2459215

TIARA MUTIARA 2
https://forum.lowyat.net/topic/2933005

THE NEST @ OLD KLANG ROAD
https://forum.lowyat.net/topic/3705766

CUBE - ZETA - GREENZ RESIDENCE | ONE SOUTH
https://forum.lowyat.net/topic/2917810

SK ONE RESIDENCE @ SERI KEMBANGAN
https://forum.lowyat.net/topic/2821979

........and many more.........
This post has been edited by accetera: May 12 2016, 01:21 AM
TSaccetera
post May 12 2016, 09:47 PM

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- This project has no Bumi quota.... it's the same for all SkyWorld and Aset Kayamas non-restricted products (means non affordable homes).

- SkyLuxe does not have a single commercial shop unit.

- Assessment rate also depends on the estimated annual rental value of the property. So it's not just a single factor as mentioned by others.

- Nowadays, it does not really matter density in residential or commercial since most residential projects built on sizeable land are required to do RUMAWIP/Affordable Homes. When developer do RUMAWIP/Affordable Homes, the density will increase like mad for the residential condominium if you add all units within the said land.

- Yes, there are some service apartments' rental returns might be quite high in the past. There is no guarantee that this trend will continue though.

- This project has not gotten APDL, so that's why now, it's preview period with booking payable to lawyer/stakeholder. No information can be displayed here at this point of time, but we do know there are some inaccurate facts being mentioned by others. U can ask me if you want to know more.

- Bukit Jalil supplies, undeniably are alot alot, but you need to further study in detail what are the available sizes. SkyLuxe sizes are 661 sq ft onwards (1+1) and does not have sizes more than 1,214 sf (with exception of special units which finished).

- This is a HDA residential use product.

This post has been edited by accetera: May 12 2016, 09:50 PM
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