I heard 1400+ psf

Price is from about 1450psf on the average, 90% confirm. Absolute price from 5xxk onwards due to small size. Possibly one of the lowest price u can ever get in Bukit Ceylon

Ready to collect booking too. Special soft launch on tentatively on 22nd Oct. 90% confirm.

If interested pls pm for more info and updates. Thanks

This post has been edited by vibey: Oct 6 2016, 01:53 PM

Any special discount for existing Exsim buyer?

You wait for the invitation by Exsim, Existing buyer normally got privilege to get the unit with extra rebate.

This post has been edited by limwc78: Oct 6 2016, 01:57 PM

Yes if you get from developer or get from agent on the special soft launch it is exactly the same discount/rebates/incentive

Even for existing buyer who get from us, its the same. And to answer your question, yes existing Exsim buyers definitely have extra benefits compared to 1st time buyers


Developer sals staff will tell you all about the features of their own projects

We give us our personal insights about project and Bukit Ceylon and Even BB/Pudu Belt going forward, comparing with other projects in the vicinity as well.

We market many other projects including some others in Klcc vicinity aside from Ceylonz and we are also investors ourselves

This post has been edited by vibey: Oct 10 2016, 12:51 AM

.

This post has been edited by vibey: Oct 6 2016, 02:05 PM

Just back from the private preview.

the brief information is as below.

Unit size: 380 sf, 570 sf (dual key)
Price after rebate: from RM 1,450 psf.
Possible rebate: 12-13 % max.

The targeted market is for for Airbnb business.

The only advantage is low upfront and for those LTV70%.
I don't have the idea about having such a small unit in the middle of KL, whether there is a secondary demand for it.

yup your info is mostly correct

Some things are still pending finalization before private preview on 22nd and 23rd.. fingers crossed they wont change dates again

I'll add on and refine your info:

Unit size: 384sf, 411sf and 578 sf (dual key) Possibly the first dual key at this size!
Commercial Title non HDA hence can borrow at 85% for those LTV70%.
downpayment pay about 3% - 4%
nett price from 570k onwards

Above info is 90% accurate. Full details will likely be available about a week before 22nd. It would be best if u can attend private preview on those 2 days to understand the whole project inside out with full info provided.

This post has been edited by vibey: Oct 10 2016, 01:25 AM

Vibey,
I assume you are one of the agent.

At RM 1,450 psf post rebate price, it is abit steep compared to property in the same area.
Suasana and Verticas is only selling at RM 1k psf. Yeah there are bigger units and possible partial furnish, but the price of Ceylonz cannot be 50% more than the completed units. We are not talking about the real SPA price of Ceylonz which is > RM 1.6k psf before rebate. Whoa...

Also for 384 sf, is it easy to sell in secondary market? any agent can testify that?

384 sqf

That's slightly bigger than smallest studio in centrestage which is super small

The whole sale/marketing team has came downtown went through thoroughly researched & surveyed. Not too sure what they've done. I am seeing the sizing came out something like Maytower.

even though I worked in KL, my definition of prime is KLCC area. for any other area, I cannot gauge its potential nor justify its asking price. Just like Ampang where it is supposed to be prime, but look at the psf is hovering around 1-1.1k psf. Even Bangsar South which is relatively new area is selling at that price now. hence, Jalan Ampang is relatively low psf considering how close it is from KLCC, and the number of Embassies around it.

So for that reason, for Ceylon area to ask for >1.5kpsf (after rebate mind u) for this project, I don't know if it is justifiable.

Anyone know this Ceylon area well? Really that prime? Monoland Skysuite is selling even lower than that and its 100m from KLCC.

That's why my concern is, this project boleh kar?

I believe the developer is positioning the product about the absolute price (the affordability) and easy entry. Nothing to do with benchmarking with surrounding Ceylon.

For RM570K and studio... the unit expected to be rented out around RM2.5-3k for breakeven point.

3k rental for 384 sf is little hard to absorb by market, especially in this area. unless this is really posh development, which Exsim is not yet know for.

You have your answer then...

Then again it is appealing for a group of buyers that want to invest somewhere in kl city, low dp and affordable pricing. You can get summer suites for lower price than ceylonz but the transaction cost is easily rm100k which is 4X more.


Have u explore sky suites?

This post has been edited by gks: Oct 10 2016, 11:01 AM

there's a long chat in lowyat for Sky Suite which I have notgone thru yet.

Yes, more of a pride of owning a piece of KL and easy entry. I knew sky suites project, but didn't know if it is still available and more over, I think that is bound by LTV 70%, which Ceylonz is not.

Yes I do not disagree with you. As you mention yourself, the high psf is due its small sizes and if you factor the full furnishing it could be 1300psf (just an estimation).

Ceylonz Suites is hospitality concept. Not really meant for conventional tenancy. Exsim is known for building beautiful facilities,which I believe Exsim will up the ante this particular project since the target market are vacationers and business travellers.

This post has been edited by vibey: Oct 10 2016, 01:40 PM

You would really want to use this for short term rental and have it managed by a good agency to achieve +cash flow

10 years from now, I'm not sure if KLCC will still be as prime as today. KLCC will always be an icon. However, please keep in mind upcoming developments like BBCC, PNBKL118, TRX and Bandar Malaysia. I believe the center of gravity will at least be partially shifted to these areas, basically moving towards the south. Many experts including our map king HO CHING SOON have predicted this. Bukit Ceylon is near BBCC and KL118.

Also, A lot Mat Salleh really like Changkat Bukit Bintang and Alot, Ceylonz Suites in particular is near to Petaling street, another of their favourite spots.. Some of the mat salleh vacationers that stay in service residence in KLCC area but keep going to Changkat area again and they use uber to go there from klcc. I know this because I used to be involved in airbnb in klccc area

just my 2 cents. Cheers

This post has been edited by vibey: Oct 10 2016, 01:54 PM

one bedroom in face platinum suites kl is renting out slightly tiga k. Sorry huh if I shattering your confidence level a bit to ceylonz...the nearest to this site is Susana and one bedder is renting out below tiga k for 7++ sqft. I can't wait to see how exsim positioning and marketing ceylonzzz.