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 The Lead Residences, Bandar Bukit Tinggi 2, Klang, from RM505k

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PKPK03
post Feb 20 2016, 08:30 AM

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QUOTE(nexona88 @ Feb 19 2016, 11:07 PM)
got space to extend meh?  hmm.gif
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Extend to next block. The LEAD.
Everlasting_Noire
post Feb 27 2016, 10:46 AM

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maybe they can't or maybe they can
I prefer Sunway even though Aeon is closer
Babizz
post Feb 27 2016, 01:35 PM

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QUOTE(Everlasting_Noire @ Feb 26 2016, 08:46 PM)
maybe they can't or maybe they can
I prefer Sunway even though Aeon is closer
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can never compare big5 mall with average aeom malls.. even empire is nt comparable.. this aeom bbt tenants may not suit the immediate catchment..
Everlasting_Noire
post Feb 27 2016, 02:48 PM

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uh I meant the TGV, room 5 is huge and spacious in sunway but for Aeon ok ok only , seats are awfully packed together sweat.gif
kiawin
post Mar 10 2016, 01:12 PM

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10% draw down this week. Completed foundation works smile.gif
Babizz
post Mar 17 2016, 07:05 AM

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QUOTE(kiawin @ Mar 9 2016, 11:12 PM)
10% draw down this week. Completed foundation works smile.gif
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bro progress quite slow eh... based on snp completion in sep 2017? can look forward to big LAD..

Notice the shops below landmark for rent already. Saw 7psf for ground floor..too high lehh..
kiawin
post Mar 17 2016, 10:42 AM

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QUOTE(Babizz @ Mar 17 2016, 07:05 AM)
bro progress quite slow eh... based on snp completion in sep 2017? can look forward to big LAD..

Notice the shops below landmark for rent already. Saw 7psf for ground floor..too high lehh..
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I only bought early last year, don't think I will get any LAD. lol

btw got sms from WCT, free tong sui at showroom this 20 March. For those interested tongue.gif
Babizz
post Mar 17 2016, 02:27 PM

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QUOTE(kiawin @ Mar 16 2016, 08:42 PM)
I only bought early last year, don't think I will get any LAD. lol

btw got sms from WCT, free tong sui at showroom this 20 March. For those interested  tongue.gif
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btw how r those landed in bkt tinggi 2 n botanic performing? i looking at subsale fr investment over thr due to good commie vibe in the whole area..

if landmark office occupancy is good then lead can do ok jor..
kiawin
post Mar 27 2016, 10:24 PM

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QUOTE(Babizz @ Mar 17 2016, 02:27 PM)
btw how r those landed in bkt tinggi 2 n botanic performing? i looking at subsale fr investment over thr due to good commie vibe in the whole area..

if landmark office occupancy is good then lead can do ok jor..
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No idea, I guess property price never drop. doh.gif
Babizz
post Mar 27 2016, 11:35 PM

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QUOTE(kiawin @ Mar 27 2016, 08:24 AM)
No idea, I guess property price never drop.  doh.gif
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Looks like landmark ground floor retail 5psf or 13-15k while office is going at 5-6k or 3psf. Any indication of the tenants?
more banks to the already ONG bukit tinggi perhaps? CINB shld open another 1 here.

http://www.iproperty.com.my/propertylistin...LBvL1C6lZ5zR.97
http://www.iproperty.com.my/propertylistin...-office-forrent

kh8668
post Mar 30 2016, 10:43 AM

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QUOTE(kiawin @ Mar 17 2016, 10:42 AM)
I only bought early last year, don't think I will get any LAD. lol

btw got sms from WCT, free tong sui at showroom this 20 March. For those interested  tongue.gif
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how is the sales now?
Babizz
post Mar 30 2016, 04:23 PM

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QUOTE(kh8668 @ Mar 29 2016, 08:43 PM)
how is the sales now?
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smallest unit fully sold is what i sure off.. n next units are from 650k thereabouts rising to 800+. Those biggest units i believe sales bad due to high absolute price of almost superlink in bkt tinggi 2 (fronts).

Looking at trefoil performance, cld this rental market underperfrom as well??
kh8668
post Apr 1 2016, 12:03 PM

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I am really amazed by two klang highrise the lead and the maple...so many klangites love to stay in the sky?
Babizz
post May 7 2016, 06:24 PM

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progress in march 2016..it looks slow to me..looks like buyer cn expect lad liao


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kiawin
post May 8 2016, 11:14 PM

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QUOTE(kh8668 @ Apr 1 2016, 12:03 PM)
I am really amazed by two klang highrise the lead and the maple...so many klangites love to stay in the sky?
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I guess it's just the matter of lifestyle, convenience and security, at the expense of Ringgit sweat.gif
Babizz
post Jun 2 2016, 08:29 PM

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WCT has 2 plots of land beside kesas n laman greenville area..

This seems like the plan..got 1 international skol in Canary Garden & 1 private scol here..wht mall could they be building? paradigm klang sourh?


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Carlyle Kid
post Jun 22 2016, 08:41 PM

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landmark office delivery soon. Got 1 last lands for commercial development beside landmark.

List of banks in bukit tinggi n the surrounding area

Bandar Bukit Tinggi
1. HSBC Amanah
2. Standard Chartered Saadiq
3. Maybank
4. CIMB
5. Public Bank
6. Hong Leong Bank
7. Ambank
8. Affin
9. Alliance
10. RHB Bank
11. Bank Simpanan Nasional
12. EPF

Bandar Bukit Tinggi 2
13. Maybank AEON
14. Hong Leong (mach) AEON

Bandar Botanic
15. Bangkok Bank
16. Bank Islam
17. Hong Leong Bank

Bayu Tinggi
18. Kuwait Finance House
19. RHB Islamic

Bayu Perdana
20. Maybank
21. Hong Leong Bank



This post has been edited by Carlyle Kid: Jun 22 2016, 09:46 PM


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Babizz
post Jul 25 2016, 09:29 PM

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Boss, I will list things down from an investors shoes and list my personal preference from the highest chance of making it

1. Lead Residenc: BEST location in Klang.

Pros: Linked to AEON mall, Landmark office, LRT 3 station, hotel and retail shops within the dev. Walking distance to some 250 shops in botanic and bbt2 (hipster cafe, japanese, steamboat, korean, other restaurants, clinics, banks etc) and Botanic's lake. Good surroundings, frontage, traffic flow and road access to KESAS, jln langat,bbt1 etc. Mid-low density with only 400 units over 4 acres in 2 blocks (8 lifts). WCT has still land left in bbt1 n 2 for more office towers. Developer is a household name that literally built klang south to what it is today and has MANY fans. Many premium landed nearby.

Cons: High PSF at 570-620+psf, facilities could be even more high end la. Dev has issues lately.

Summary: 70-80% chance of success with rental return of 4-4.5% for the smallest unit n lower for the bigger size.

2. Future WCTz RM2.7b project: Good upcoming concept n location

Pros: WCT has BIG plans here. There are going to sign up a UNIVERSITY and have finalized 3 names. Multiple office towers, retail offices, hotel, service apartments and an international/private school(maybe). Expected to be launched end 2016 or in 2017. Location is flanked by Jln Langat/KESAS.

Cons: Price could be high and location is on the 'other' side of Klang. With gravit8, wct new project n ksl malls, Klang ppl will slowly accept this other side of kesas/jln langat.

Summary: Too early to gauge

3. Gravit8: Good concept and Developer

Pros: Price of 520psf. Concept with a Mall with premium grocer, retail/restaurants and good facilities. Lake, office, hotel, mall, hospital and proposed college but the ratio of these to the apartments are minimal. Developer has successfully built mixed developments elsewhere. Layouts are good and very space efficient with 3 carparks for the biggest unit.

Cons: Density of 1200 apartments completing at the same time would be a MAJOR concern fr investors. Location on the 'other' side of Klang and access to kesas, langat is not good (requires extra time due to not direct access).

Summary: 60% chance of success and highly dependent on ownstay-investor ratio if 70-30 then OK la. Best kept for long term ownstay.

4. Trio by Setias: Best Concept in Klang

Pros: Unique concept of terraced decks. Successful township in north klang. Location within the BBT1-2 area. 46 storeys will make it a landmark in Klg.

Cons: Crazy asking prices if anything is above 600psf. If a bridge isn't built, it will be a WASTE as trio can be connected to LRT3 station, BBT1 office tower, Premiere Hotel, Tesco and a hourly bus to KLIA. VERY high density of 900 units in 5.5 acres. Location is NOT walking distance to closeby bbt2 shops and has only 1 way access (need to make a u-turn to go aeon, kesas side).

Summary: 40% chance of success if prices are below 620psf. Best kept for ownstay yuppies just like Gravit8.

5. Maple Residencez:

Pros: In a township with French gardens. Connected to the future biggest mall in Klang, hotel, office and a international school. 576 units here.

Cons: High chance of mall failure (struggling now). Lackluster design n facilities. Location is HORRIBLE being almost teluk panglima garang and many KM/traffic light away from kesas.

Summary: 20% chance of success being attached to a struggling mall and the location being DEEP in.

Conclusion: With 3000 units coming in this 8-10km stretch in the next 3-4 years, Only the BEST will win. Subsale FnG landed in Botanic/BBT2 may be a better bet for long term investment.

kiawin
post Jul 26 2016, 10:50 AM

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Any lead residence owner here? Was thinking of starting a FB group or something
PKPK03
post Jul 30 2016, 08:57 AM

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Impressive summary woh..

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