Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment CEYLONZ SUITES @ BUKIT CEYLON [OWNERS' THREAD], Revival of St. John Woods project

views
     
Asali
post Jan 19 2016, 04:55 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(accetera @ Dec 20 2015, 05:48 PM)
Exsim has taken over this project and plan to convert it into a SOHO studio type property.

RM1,000psf for small sizes ok or not?
*
I think is overpriced. What do you think?
Asali
post Jul 2 2016, 01:15 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(surf-it @ Jul 1 2016, 11:55 PM)
1600 psf before rebate, expect high rebate, fully furnish but with NO PARKING.
Info is 80% confirmed.
*
rclxms.gif rclxms.gif rclxms.gif
Asali
post Oct 1 2016, 09:14 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(occ2013 @ Sep 20 2016, 12:05 AM)
price from 2000 psf fully furnish
*
After discount should be 1.1k or 1.2k psf.
Asali
post Oct 6 2016, 01:11 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
Pavilion Ceylon Hill is ahead Exsim and ready to take booking.
Asali
post Oct 10 2016, 08:46 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(Lowtan @ Oct 10 2016, 07:58 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?
*
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. sweat.gif




Asali
post Oct 10 2016, 01:52 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
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.











Asali
post Oct 16 2016, 04:19 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
Not sure the whole selling point for ceylonz. I think base on the size, price, actual location or dual keys for 500++ sqft, without car park or fully furnished without bed, sofa or bla bla. I still not seeing the full picture of the selling points. Can anyone enlighten me, the point is what make us think that 380sqft studio unit so fantasy?

e.g. near PJ street no longer a selling point, near bursa maybe, the best property in bukit ceylon maybe but who care, friendly walkaility to PV, KLCC or BB maybe...






Asali
post Oct 16 2016, 10:39 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(OperaGhost @ Oct 16 2016, 09:20 PM)
My finishing for the Leafz is considered very good with only minor touch up here n there... Overall better than my expection. Facilities n landscaping also nicely done.
*
TheLeafz was selling 450k to 475k in year 2011. That time kuchai avenue was selling 275k to 300k. The recent adjustment of maintenance fees doesn't make a lot sense. Again it is almost doubled maintenance fee in kuchai avenue smile.gif The Leafz was damn luckily as it launched during the starting of property up-cycle. If u bought a unit in kuchai avenue in yr 2011 i think roi and rental yield much better.






Asali
post Oct 17 2016, 12:31 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(OperaGhost @ Oct 16 2016, 11:52 PM)
Yes I'm the first batch who bought dedaun. The increase of maintenance was a lot but I'm still able to cover from the rental.
*
I heard the 1st batch got extra rebate same as their staffs:P

Asali
post Oct 17 2016, 12:37 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(Markora @ Oct 16 2016, 10:24 PM)
Ask the developer weather they can hod the maintenance fees for 2 years without an increase, Exim is famous for handover within 6 months of handover and claim insufficient fund to manage the property and you will get into catch 22 situation with a absorbent maintenance cost and it will not be viable to rent to recover, in Daun sungei besi they could handover the artist impression sports facility and it sucks now, be cautious and ask all the million dollar question and get it documented , my unit in Daun they promise me they wont charge maintenance  for the gardens attached to the units during the booking and later they turn the table around and charged all the owners with garden
*
To be frank all facilities are maintains well especially the swimming pool sanitizing three times a week.
Asali
post Oct 18 2016, 05:58 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(12Digit @ Oct 18 2016, 05:08 PM)
user posted image
just got the email from EXSIM!!! Sumptous Buffet lunch!!!!
*
Eat 1st think later.
Asali
post Oct 21 2016, 02:28 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(Lowtan @ Oct 21 2016, 11:36 AM)
there are few agents here.

pls pm me what is the package, crystal clear.

dont bullshit and tell me to come to preview tonight and tomorrow. i already know about the project well enough.

just simple straight answer. i guess buyer dont like to be taken for a ride.

if i think its worth it, i will get from that agent. simple as that.
*
thumbup.gif
Asali
post Oct 21 2016, 07:45 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
http://www.theedgeproperty.com.my/content/my-question-32
Asali
post Oct 22 2016, 12:34 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
I think it will be good if investors could gather together taking one whole floor or two or more and must have common business interest e.g. airbnb. I think it could save up lot of operation cost such as cleaning fees , Internet access point and etc. I also think you could direct deal with the boss and get more discount. Just my 2 cents.

I think if you're buying one or two biji alone better think twice.

This post has been edited by Asali: Oct 22 2016, 12:37 AM
Asali
post Oct 22 2016, 12:44 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(vibey @ Oct 22 2016, 12:37 AM)
this could work but if you're looking to get discount from developer I dont it's gonna be possible because i can tell you Ceylonz Suites will sell pretty well. ...already more than 20 cheques for booking has been collected.
*
We've difference point of business view. I've nothing against any property agent.


Asali
post Oct 22 2016, 12:55 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
Just left. The sales chart sticker rate snapped up nearly 30%.
Asali
post Oct 27 2016, 08:30 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(goks @ Oct 26 2016, 02:12 PM)
Listed on AirBnB does not mean its a good property or investment. If you are looking at an investment of 600-700K, you want a return of at least 3K per month or more. if you are renting at 150MYR per night, you need minimum 20 nights per month OR more (if you take air bnb cost and maintenance cost) on Air bnb, that hardly happens on Air bnb , happens on short term rentals of monthly tenure but that segment also has allot of competition.

Then again, for 3K, as an investor in the vicinity,i would say go for a bigger unit at One Residency next to Istana hotel, you get a 1BR fully furnished unit at 750sqft with Hotel like feel & facilities at 3K or in some desperate cases lower.

AirBnb is great but its allot of hard work to make it a positive yielding investment. The guys who have done well are the short term rentals of 1-3 months vs air bnb 3-4 nights kinda bookings.
*
Absolutely agreed. It's not easy to run airbnb if u have 1 or 2 biji.
Asali
post Nov 21 2016, 03:05 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(kokanchai @ Nov 3 2016, 01:11 AM)
this project going slow~look like~
*
SA keep emphasizing the selling point is short term rentals or via Airbnb. They should have give some real samples of how short term rental works such as e.g. http://www.subhome.my/blogs-summer-suites/ or there are many more samples
Asali
post Jun 14 2017, 08:32 PM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(Clement1001 @ Jun 4 2017, 07:22 PM)
Most likely is 3% annually, and disburse on quarterly basis.
*
You're right is 3% per annual. Really got ppls wanna buy in to this project for 3% rental yield?
Asali
post Jun 16 2017, 08:28 AM

Regular
******
Senior Member
1,680 posts

Joined: Oct 2012
QUOTE(chani @ Jun 15 2017, 05:43 PM)
This project looks promising. once a lifetime to to owns a property beside the palace
*
You shud have taken all then. rclxs0.gif

This post has been edited by Asali: Jun 16 2017, 10:16 AM

2 Pages  1 2 >Top
 

Change to:
| Lo-Fi Version
0.0347sec    0.71    7 queries    GZIP Disabled
Time is now: 16th December 2025 - 06:40 PM