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Investment PAVILION DAMANSARA HEIGHTS, Pavilion Group brings Leonard Design
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mthc
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 Oct 2 2015, 12:26 AM
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QUOTE(wil-i-am @ Oct 1 2015, 11:01 PM) DC Mall owned by HL Group U think the owner will sell? Why not? He is a biz man. U should know he bought over Eon bank. He is a chinaman. He wouldn't get himself settle down in a loss making biz. He specifically sells the mall and not the hotel and offices. Why? He owns an international hotel chain which is his expertise and also one office tower will be fully occupied by Hong Leong Group and another one is already half leased before completion. As for the mall? Why don't he sells it at a premium? Why compete lol. |
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mthc
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Apr 30 2016, 12:44 PM
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QUOTE(HarpArtist @ Apr 30 2016, 11:42 AM) i went to pav ofc tower recently  Time for u to save bullet and enter here. This post has been edited by mthc: Apr 30 2016, 12:52 PM |
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mthc
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May 1 2016, 12:50 AM
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QUOTE(moonmoon1985 @ Apr 30 2016, 11:49 PM) 70% booked for which component? resi or office? which block? Office |
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mthc
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May 1 2016, 07:43 AM
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QUOTE(moonmoon1985 @ May 1 2016, 02:01 AM) 9 blocks of office, 7 are en bloc, 1 strata floor and 1 strata unit. 70% on all??  En bloc ones sold out dy way before |
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mthc
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May 1 2016, 10:40 AM
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QUOTE(JamesPond @ May 1 2016, 10:18 AM) I read in the edge some time ago. 7 mnc. I am not too sure who tho because they didn't disclose the names in the papers. They just say mnc only that's all. Newspaper said it was quite laku. |
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mthc
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Jun 6 2016, 09:02 PM
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QUOTE(R o Y @ Jun 6 2016, 08:56 PM) pre-launch booking has already started pricing is around 1600psf onwards =) Bro any details for the resi? |
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mthc
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Jun 6 2016, 10:13 PM
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QUOTE(R o Y @ Jun 6 2016, 09:08 PM) Apparently around 1800psf onwards. But I think not yet finalized Super premium. |
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mthc
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Jun 25 2016, 05:50 PM
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QUOTE(R o Y @ Jun 25 2016, 05:25 PM) Nowadays, no developer does "Launching" anymore. The so-called "Launching" is actually just an excuse to announce that the project already almost fully sold =) I met one of the Pavilion Sales Staff earlier to book the residential unit. According to her, Office Suites only 5 units available for booking, rest already have booking Residential units starting from 1.0Xm for 657sf 1room1bath Rooftop infinity pool & gym on level 56 Booking is 50k right? All 657sf units are facing west tho. What are yr thoughs on pavi dh? This post has been edited by mthc: Jun 25 2016, 05:51 PM |
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mthc
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Jun 25 2016, 07:12 PM
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QUOTE(R o Y @ Jun 25 2016, 06:43 PM) Yup, booking RM50k For high end units, I find west facing is never a big issue, coz the typical residence can afford air-conditioning  That being said, the setting sun will be blocked by all the existing buildings in front, so west facing is a non-issue if you ask me I believe Pavilion DH has a specific target market, so its either for you, or its not. More like the typical residence can afford curtains than air-conditioning. Oh so the view will be blocked in other words? 1+1 facing bangsar not good? |
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mthc
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Jun 25 2016, 09:21 PM
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QUOTE(R o Y @ Jun 25 2016, 09:20 PM) Looking at the floorplan, the +1 study room looked way too small to be a practical study room I was looking for the cheapest option anyway :-) Boss what do u think of the office tenants in pavi dh? Any tips? |
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mthc
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Jun 25 2016, 09:56 PM
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QUOTE(R o Y @ Jun 25 2016, 09:25 PM) Niche product. For those who don't mind paying premium for location No.. who are the office tenants? Any idea? |
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mthc
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Jun 25 2016, 10:19 PM
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QUOTE(R o Y @ Jun 25 2016, 10:18 PM) I'll need a time machine to know who are the tenants here after the place is complete in 2021 Ohhh thought u have a rough idea cuz some are sold to other big bosses |
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mthc
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Jun 25 2016, 11:20 PM
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QUOTE(R o Y @ Jun 25 2016, 10:26 PM) You were asking who are the Tenants But you actually want to know who are the buyers/owners who purchased the office suites or en-bloc office block? Roughly wanna know what are the big big sdn bhd that bought here to roughly gauge the future pay/salary grade here cuz no crystal ball ma. Comparing between pavi dh and kl eco city actually. But now that with sentral suites at a speculated lower psf price but bad location despite sitting opposite menara shell. What are ye thoughts? |
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mthc
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Jun 26 2016, 12:00 AM
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QUOTE(R o Y @ Jun 25 2016, 11:55 PM) My thought is that you are comparing 3 completely different products Oh pavi dh and kl eco are completely diff? |
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mthc
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Jun 27 2016, 11:24 AM
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QUOTE(Babizz @ Jun 27 2016, 10:36 AM) 1 C grade tenant spotted.. if really wana target office tenants, btr stick to the good foreign MNCs or top local names. 1 of them is a law firm next door. Viewed Twins 3 years back and there were 20++ developer leftovers. Price wise hasn't changed much to date. Not too sure if the future pay grade here is able to rent pavi dh. Like some RICH guru said.. it's either for u or not for u. Hehe.. πππ This post has been edited by mthc: Jun 27 2016, 11:25 AM |
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mthc
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Jun 27 2016, 11:41 PM
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Post 1.4k sq ft la rich agent. http://www.propwall.my/damansara_heights/t...tab=classifiedsThis post has been edited by mthc: Jun 27 2016, 11:55 PM |
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mthc
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Jun 27 2016, 11:45 PM
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Property guru rich agent say ppl throw misleading info. The guru uses the edge average price and gauge the whole project itself. No wonder he can also say MK is doing ridiculously well la. Geng.
This post has been edited by mthc: Jun 27 2016, 11:47 PM
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mthc
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Jun 28 2016, 12:33 AM
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QUOTE(R o Y @ Jun 28 2016, 12:03 AM) If you believe your info is not misleading, then you can always present facts and figures to show that your info is correct. Discussion based on facts and figures is beneficial to everyone following the thread. But discussion based on assumptions and fallacies are wasting people's time. You claim I'm using "average price" when I'm clearly not. My post refers to specific individual transactions in 2012 vs 2015. And my comparison is made between units of the exact same size to avoid the average PSF distortions caused when there's a mixture of small and large sized units Boss. Kim Realty was happened to be the appointed agent to sell the Twins leftovers back then in 2012. I viewed the 1480sf and it was 900 psf mid floor. There are a lot of 1480sf going below 900 psf now. Where as 1573sf was asking for about 850psf. I am also very well aware on the prices transacted in brickz but it seems obvious that prices in brickz are clearly mark ups. I do not have any proof to show that those were the prices that were offered to me back then in 2012 but as a REA yrself, you should know better than other if those prices i have stated earlier are as of 2012. http://www.brickz.my/transactions/resident...hts/non-landed/The link you posted is the edge and it has average psf for rental, subslaes etc. If these figures are accurate then kindly look at propwal where it shows a declining average Asking price which I don't see it as accurate. http://www.propwall.my/damansara_heights/t...59?tab=propertyI remember pretty every details here very clearly because I was almost sold into it till the holding cost calculation comes into play. Rumor has it that there are around 80 units (if I'm not mistaken) is being sold to some mnc to cater to their expats but in the end failed and many were released at developer prices yet no takers and also around another 30 units happen to be contras from developer to its creditors. These should be some of the many reason behind the rather slow appreciation with low occupancy despite the strong catalyst of MRT, DC and PAVI DH. This post has been edited by mthc: Jun 28 2016, 12:35 AM |
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mthc
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Jun 28 2016, 07:24 AM
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QUOTE(R o Y @ Jun 28 2016, 02:09 AM) Well, you shouldn't base your analysis on "asking price" because "asking price" is not the actual transacted price and doesn't reflect market price If you choose to believe that all the data is brickz.my and theedgeproperty.com.my are "clearly mark ups", then its really your choice. I only share provable facts and figures. This location has MRT Station, Hong Leong Group HQ, New DC Mall, A Sofitel Hotel opening, and upcoming Pavilion mixed development on 16 acres. With all this happening here, I guess it does make sense that the price didn't go up much over the past 3 years. Maybe over-development cause the price to dropΒ  Oh so asking price will be actually lower than transacted price? Wow.. learnt something new today Mr Agent. Lol. Maybe the link I posted could be some hoax where those agents posted many below 900 psf for 1480sf and 1573sf just to fish ppl and all. You know best how this tricks and gimmicks work right Mr Agent. Then maybe I should post some of my props below the transacted price and get a better price instead? LOLOL This post has been edited by mthc: Jun 28 2016, 07:30 AM |
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mthc
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Jun 28 2016, 10:15 AM
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QUOTE(accetera @ Jun 28 2016, 09:24 AM) Brickz is based on transaction price which I agree is a comparable tool rather than using asking prices. However, a transacted price may not necessarily hold true if the demand has fallen, and alot of high prices are not sustainable especially at current times. If majority of the property transacted prices has fallen in the most recent transactions or even when most recent asking prices are much lower, then the property price transacted at high prices in the past might show that it has reached its peak, or exceptional cases or might come with furnishing etc. There are ups and downs in PSF prices and this is subjective based on many factors of the unit itself, the viewing orientation, etc. Transactions are willing buyer willing seller. As for new project, PSF prices for new project will always be much higher than subsale PSF prices of surrounding older condos. Developers priced their product based on Feasibility and Costing (I'm familiar with this) plus their desired profit margin and not based on comparison of subsale prices. In layman, you can also agree that new project prices are future prices. But if you see the positive side of things, new project prices sets a new "benchmark" pricing for older condos prices to catch-up in the future. So very well said. I couldn't agree more accetera boss. Subsale here now has a viable chance to chase the new benchmark pricing. |
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