QUOTE(PabloTH @ Aug 4 2017, 12:01 PM)
looks beautiful. missed the boat on this one. 300k in bj is freakin cheap
the more beautiful block at the moment is aurora, the position-wise too at the entrance of signature shop-offices..
300k for 310++ sqf? this is the rev.0's entry level.. but i think the old taikors got it much much lower, definitely sub-300k.. affordable yes, cheap? just maybe, depending the actual "use" and application..
1k/sqf with extended progressive interest costs, regardless of the proximity to pavilion, prolly trying to achieve 1.5k/mth or 5/sqf, for rental to be decent..? at this rate, it is telling that it make more sense to target office end-users.. coz oso, at 1.5k/mth, think the new highrise at havre, paraiso etc. can absorb, leaving the old condos aside (also walking distance, esp arena green..)
for office tenants, vertical 1 @ bangsar south, the smallest type of 745sqf are moderating @ 4/sqf mthly rental.. very well-absorbed after 1 year.. and this is maturing pretty well with nexus, gateway kl mal & existing lrt thru regular feeder buses covering horizon area as well.. just a distant e.g. and my limited 2 cents..
conclusion is, whether aurora or rev.o, try to target office tenants instead of banging on low absolute rental forthe contentious dwelling purposes.. the upper units of the shop-offices in aked esplanad and esp the link is fetching 2.5k/mth for office alone, as well as walk-up retail / f&b, and in good demand too..
bj as a whole is international zone, i think under the dbkl 2020 plan or something liddat.. but, not specific relating to incentives for qualified biz to operate.. so, not so clear-cut yet till we see how other sprout of commies in the link2, skyluxe etc. performs..