I know this project entry price is not cheap, around 1.5-1.6k psf.
And I heard there is 6 blocks service apartment going to build between Ceylonz and KL tower (not sure will block the klcc view or not but KL tower view surely gone), so one of the selling point gone.

How much rental income - this is the part I am struggling, it seem the mykey concept is great but how true it can be?

Dual key concept, maybe I am still old school style, still cannot see it’s advantage. :S

This post has been edited by cutemoney: Nov 6 2017, 04:11 PM

Ya, from the maps, it will blocked the KL tower view.

May I ask why you get the dual key unit at the 1st place?
Besides, what do you think the resell market on dual key?
It seem risky to me coz only can target in Airbnb.
(But I also attracted by the mykey Airbnb management concept) :S

Mykey have any good track record in running this?
How sustainable is mykey model? Is their projection realistic or overpromised? Is it just created to “convince” people on ceylonz price? Is there no other better options elsewhere, we definitely think 🤔 there are much safer buys. One eg Proper Bukit Bintang freehold as we bought n still buying property walkable to Pavilion at below 800psf. Does ceylonz entry makes investment sense, do consider the risk & your reward properly.

This post has been edited by propertybuddy: Nov 6 2017, 10:40 PM

You are right.
Maybe I actually looking for someone can run the Airbnb for me.
Coz normally my property rent for long term and no time and no contact to manage all this short term rental although the return really good.
Overall, I still think this project is overpriced and too risky for me. I am not confident I can get the return as mykey ppl told me and no confidence on capital gain.

this is business suites & not exactly residential though

Nova saujana ara damansara.rented out the 2 bed,and check in and check out the studio when im back in malaysia.

Tbh,its easier to rent out compared to bigger unit.

Anybody aware of the delay in stamping of the sales and purchase agreement of Ceylonz? I signed on 4.3.17 but only get the SnP agreement stamped on 7.7.17, a delay in 4 months' time!!! When it comes to LAD claim in the future, this can make a huge difference in the claim, I roughly calculated, one month delay in LAD claim is RM 5 k++

This post has been edited by chimpxmon: Nov 13 2017, 05:34 PM

Hi may i know which development is this? Is it a real news?

Isn't this a non-HDA product? How can you ever get LAD?
You are never protected under the HDA for Ceylonz.

This post has been edited by kbandito: Nov 14 2017, 06:52 PM

Are you sure? I checked there is description of LAD of 10% per annum in the SnP. Anybody can clarify on this?

Hi may i know which development is this? Is it a confirmed information?

Usually non HDA development also come with LAD clause la... if no LAD clause who want to buy?

This project launch since last year.
Developer at the title lah... Exsim

@cutemoney

I mean is this development that is going to be built between Ceylonz and KL tower confirmed, and which development is it?

https://www.edgeprop.my/content/1236847/cab...campaign=buffer

Please read this. Will Ceylonz be affected ?

https://www.thestar.com.my/metro/community/...-kl-says-mayor/

http://www.skyscrapercity.com/showthread.php?t=2039117

Since the government is freeze the luxury property above 1mil, not sure will this china company’s proj develop as planned.

like TKTC here said....non had products also got LAD..................BUT

non HDA products they can VP without CCC........you think you can get LAD boh?????? talk to Empire Dsara and City buyers.

Any buyer here?