Investment M101 SKYWHEEL KUALA LUMPUR, Sky High Ferris Wheel & Sky Retail Mall
Investment M101 SKYWHEEL KUALA LUMPUR, Sky High Ferris Wheel & Sky Retail Mall
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Jan 24 2016, 01:44 AM
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#1
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All Stars
21,457 posts Joined: Jul 2012 |
Those units facing ferry wheel will be viewable from ferry wheel? |
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Jan 24 2016, 11:00 AM
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#2
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All Stars
21,457 posts Joined: Jul 2012 |
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Jan 25 2016, 12:09 AM
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#3
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(DIvaof97 @ Jan 24 2016, 09:07 PM) Sendomike what U mean no cp? If planet hollywood couldn't survive at busy bukit bintang, will it feasible there?It's confirmed planet Hollywood is onboard . It's something the other hoteliers here know too I checked with my resources . I heard the Ferris wheel will be built by the same engineer of london eye and singapore flyer don't think its kids play Wind load at high elevation is higher than the ground level, stronger foundation will be needed for the ferry wheel and this won't be cheap at high level. The ferry wheel may end up disappointedly small. |
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Jan 25 2016, 01:47 PM
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#4
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All Stars
21,457 posts Joined: Jul 2012 |
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Jan 25 2016, 04:43 PM
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#5
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(DIvaof97 @ Jan 25 2016, 12:31 PM) SYYMY U seem to have a score to settle with this M101 group and not just a simple buyer in the market . Architect could design almost any shape and size owner wants. Whether the owner is willing to spend $$$ to build?Are you a previous GS agent or something bent on tarnishing the developer? And the things U know about them is beyond what a normal layman will know . The one in Bukit bintang previously was a hotel? I thought it was only a restaurant ? Time can only tell how this Skywheel will fare but I heard the Architect on board is Veritas Group the biggest architect in Malaysia and teaming up with such a professional team they seem to b on the right track and not some cheh Kai Klang job gua *crossfingers QUOTE(rainman19 @ Jan 25 2016, 02:13 PM) this area without traffic proven yet..... If franchisor could not dictate over franchisee at the beginning, the franchise will be only in name only.unable to convince franchisor support if franchisee insist then no choice, unless franchisee got tons of $ |
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Jan 25 2016, 05:47 PM
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#6
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(DIvaof97 @ Jan 25 2016, 04:44 PM) The first project my cousin bought the Developer has secured tenant for buyers which is Best Western Hotel which signed a direct tenancy with rental price already agreed upfront . It's not exactly a GRR but the end result is the one that matters ain't it *wink* QUOTE(yandebunena @ Jan 25 2016, 04:55 PM) which project ur cousin bought Best western is not a hotel operator, unlikely to sign any tenancy agreement. More likely, tenancy is signed with best western's franchisee.if it's signed with best western, then i have no prob. but not some sketchy middle man agency will contact the agent for more detail in agreement. |
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Jan 28 2016, 04:05 AM
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#7
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(accetera @ Jan 28 2016, 12:27 AM) M101 SkyWheel has a GDV of RM1.4 billion. The freehold, two 78-storey towers offer 200,000 sq ft of retail space. M101 SkyWheel is named after a proposed ferris-wheel on the 52nd floor (at its highest vantage point). The logistics to bring shoppers and goods to skymall on 48th floor could be a bottleneck and prohibitively expensive.The development also has a SkyMall that extends from the 48th to 52nd floor and Asia’s first Planet Hollywood Hotel. The group has partnered with Studio F. A. Porsche for its interior design and luxury suites. According to M101 Holdings, prices of commercial units at M101 SkyWheel are likely to start from RM400,000 per unit, depending on market conditions within the next five years. However, the number of units have yet to be confirmed. M101 SkyWheel is expected to be completed in 2020. Previously, the group has launched M101 Dang Wangi and M101 Bukit Bintang in 2014. Estimated to be comple Launched 3 projects in 2 years without previously completed a project could be more than it could swallow. |
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Jan 29 2016, 01:20 PM
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#8
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All Stars
21,457 posts Joined: Jul 2012 |
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Jan 30 2016, 03:58 PM
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#9
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All Stars
21,457 posts Joined: Jul 2012 |
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Mar 29 2016, 01:46 AM
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#10
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(mrdj2000 @ Mar 29 2016, 12:15 AM) Went to the showroom in Jalan Yap Kwan Seng recently. Apparently pretty impressive sales at less than 100 units left. Sticker doesn't mean unit sold. Stickers could denote unsold units for some developers. If less than 100 units unsold and over 3 years to VP, developer need not to spend $ on marketing anymore.Didn't make a booking because still think the concept is too "fantastic"... throwing way too many fantastic promises to attract buyers.. A lot of grey areas in the proposed plan, many things not specified clearly yet. Such new developer with a plan to launch 10 projects worth RM 4b by 2020? Its first few projects should be a safer choice... This is only their 3rd. Like someone from earlier replies, this developer really reminds me of another developer in Damansara... Just my 2 cent. |
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Apr 3 2016, 05:57 PM
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#11
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(raw7118 @ Apr 3 2016, 05:32 PM) Think that the design is quite unique... Unless one is planned to list in airbnb, how many people like their home invaded by tourists especially during weekends and holidays.Probably will be KL's next landmark... Basement MRT station.. Unfortunately not under HDA... hmm.... |
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Jun 23 2016, 12:37 AM
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#12
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(forever1979 @ Jun 22 2016, 05:28 AM) thanks for the info, something new. Developer initiated the idea and have the final say on design. Developers priority is to attract buyers. If the mall is not viable, could always convert into Soho later.so their consultants did not advice the developer property ? how about the authority ? can be approve ? |
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Jan 17 2017, 08:26 PM
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#13
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(nexona88 @ Jan 17 2017, 04:44 PM) Property developer, M101 Holdings Sdn Bhd, has appointed China Huashi Enterprises Co Ltd as the main contractor for the M101 Skywheel project which has an estimated gross development value of RM1.8 billion. When the project needed to finance by the main contractor say a lot of the developer's financial strength and confidence in the project.Its Chief Executive Officer, Datuk Seth Yap, said China Huashi would finance the project's RM50 million construction cost. He said the project in Kampung Baru was expected to be completed by 2020 |
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Feb 27 2017, 11:53 AM
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#14
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All Stars
21,457 posts Joined: Jul 2012 |
The shopping mall defy economic sense, will be a failure.
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Apr 15 2017, 09:34 PM
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#15
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All Stars
21,457 posts Joined: Jul 2012 |
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Aug 6 2017, 07:42 PM
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#16
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All Stars
21,457 posts Joined: Jul 2012 |
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Aug 6 2017, 09:14 PM
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#17
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All Stars
21,457 posts Joined: Jul 2012 |
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Mar 15 2018, 08:42 AM
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#18
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(lawhonghwa2000 @ Mar 14 2018, 09:58 PM) In 2017, they made over 530million sales for skywheel alone. If developers numbers is realistic, oversupply is a fake news.Is that good news ? Source : M101 Skywheel |
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Mar 31 2019, 07:55 PM
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#19
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All Stars
21,457 posts Joined: Jul 2012 |
Which Chinese main contractor now?
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Mar 31 2019, 10:54 PM
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#20
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All Stars
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