QUOTE(Hartamas @ May 27 2016, 10:50 AM)
Looking from a rail perspective, it is similar, albeit with a slightly longer walk. One could argue that it will likely serve a slightly different market. However, consider what is currently available in KLS itself - Suasana Sentral Loft and The Sentral Residences have smallest units of 1+1 type at 811 and 1087 sq ft respectively. SSL is smack in the middle of office towers with nary any privacy while TSR is a luxury product with higher pricing.
Sentral Suites meets a sweet spot at the moment, with unit sizes that suit an urban demographic that translate into better prices.
It is undeniable that there will always be the more "prime" section of any neighbourhood. But we would posit that Sentral Suites is comparable to SSL, if not better on certain fronts. The most obvious benefit would be the lack of prying eyes from the office blocks surrounding it.
Also have to be noted this is high density project with 1400 units... with price point of >RM780K, there are only so many that can afford the rental that working in KL Sentral. That bring to 2nd question where you need outsiders to rent the place that work else where. With competition so stiff even withing KLCC itself and so many other TOD development, I do not see Sentral Suites hold distinct advantage. At least at this price point.
Just bring example of RM3500 rental for discussion. With this rental, you can afford to rent 3 bedrooms in Seri Maya and Regalia. Or 1 bedder in Marc, Vipod, SOHO Suites, Panorama, Hampshire Place in KLCC market etc. So what is the distinct advantage of SS?
I agree with one forumner here... the best investment here is to buy the carpark.. and load of them...
May 27 2016, 10:34 AM
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