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Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC

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TSaccetera
post Mar 1 2016, 03:57 PM, updated 5y ago

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Malton to launch final block of Bukit Jalil City condos in September this year
News Source: The Edge Property, 1 Mar 2016
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QUOTE
Bukit Jalil City is an integrated mixed-use development anchored by Pavilion Bukit Jalil, one of Malaysia's largest shopping centre. It will be connected to the 80-acre Bukit Jalil Recreational Park across the road by a pedestrian walkway bridge.

Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

“The serviced apartments will be priced above the average RM855 psf set by the previous phase that was soft launched last year,” she told TheEdgeProperty.com.

The final phase will comprise two towers of luxury serviced apartments with a dedicated sky bridge to the Pavilion Bukit Jalil mall.

http://www.ptlm.com.my/index.php/component...ember-this-year
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http://www.ptlm.com.my/index.php/component...ember-this-year
Bukit Jalil City is an integrated mixed-use development anchored by Pavilion Bukit Jalil, one of Malaysia's largest shopping centre. It will be connected to the 80-acre Bukit Jalil Recreational Park across the road by a pedestrian walkway bridge.

This post has been edited by accetera: Nov 23 2021, 12:57 PM
SUSjalsrix
post Mar 1 2016, 04:50 PM

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Malton to launch final block of Bukit Jalil City condos in September
By Lam Jian Wyn / TheEdgeProperty.com | March 1, 2016 11:57 AM MYT

Translated by Google Translator:
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Malton

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

“The serviced apartments will be priced above the average RM855 psf set by the previous phase that was soft launched last year,” she told TheEdgeProperty.com.

The final phase will comprise two towers of luxury serviced apartments with a dedicated sky bridge to the Pavilion Bukit Jalil mall.

The number of units, built-ups and layouts have not been firmed up, but the developer will take into account factors such as the surprising popularity of larger units – including the dual-key units of the previous phases.

The previous phase, named The Park Sky Residence, had built-ups of 868 sq ft to 1,565 sq ft and its homes were priced from RM714,000 to RM1.5 million.

Buyers of the property who spoke to TheEdgeProperty.com said they bought the units due to their proximity to the 80-acre Bukit Jalil recreational park as well as the Pavilion Bukit Jalil mall.

Lim Soon Wee, a 46-year-old chief financial officer who bought a 1,100 sq ft unit, said he was intrigued with the concept of the development, which features a mall with a well-known brand and boasts lush greenery.

“I bought one because my daughter may be studying at the SJK © Lai Meng nearby. If I like it, I may even move in when I retire,” he said.

Meanwhile, a 45-year-old accountant named Lau said she and her husband bought a dual-key unit – which has the largest built-up – because they were looking for a big unit, which also allows them to host their family visiting from other states.

“I have been eyeing this area since the court case (involving joint-venture partner Ho Hup Construction Co Bhd which was settled out of court in 2012). I like the development because of the park – we work very late so if there’s a park nearby, we have time to exercise and it saves time – and the mall.

Besides the mall and serviced apartments, Bukit Jalil City also comprises 112 units of “Signature Shop Offices” and 44 units of “Park Point Shop Offices”.
SUSjalsrix
post Mar 1 2016, 04:57 PM

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Quote: I like the development because of the park – we work very late so if there’s a park nearby, we have time to exercise and it saves time – and the mall.



This guys doesn't understand that the park closes at 8 pm.

If you work very late, then the park is closed.
Cocoon
post Mar 1 2016, 05:00 PM

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QUOTE(jalsrix @ Mar 1 2016, 04:57 PM)
Quote: I like the development because of the park – we work very late so if there’s a park nearby, we have time to exercise and it saves time – and the mall.

This guys doesn't understand that the park closes at 8 pm.

If you work very late, then the park is closed.
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morning mah...
Cocoon
post Mar 1 2016, 05:02 PM

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QUOTE(jalsrix @ Mar 1 2016, 04:50 PM)
Malton to launch final block of Bukit Jalil City condos in September
By Lam Jian Wyn / TheEdgeProperty.com | March 1, 2016 11:57 AM MYT

Translated by Google Translator:
Select Language​▼
Malton

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

“The serviced apartments will be priced above the average RM855 psf set by the previous phase that was soft launched last year,” she told TheEdgeProperty.com.

The final phase will comprise two towers of luxury serviced apartments with a dedicated sky bridge to the Pavilion Bukit Jalil mall.

The number of units, built-ups and layouts have not been firmed up, but the developer will take into account factors such as the surprising popularity of larger units – including the dual-key units of the previous phases.

The previous phase, named The Park Sky Residence, had built-ups of 868 sq ft to 1,565 sq ft and its homes were priced from RM714,000 to RM1.5 million.

Buyers of the property who spoke to TheEdgeProperty.com said they bought the units due to their proximity to the 80-acre Bukit Jalil recreational park as well as the Pavilion Bukit Jalil mall.

Lim Soon Wee, a 46-year-old chief financial officer who bought a 1,100 sq ft unit, said he was intrigued with the concept of the development, which features a mall with a well-known brand and boasts lush greenery.

“I bought one because my daughter may be studying at the SJK © Lai Meng nearby. If I like it, I may even move in when I retire,” he said.

Meanwhile, a 45-year-old accountant named Lau said she and her husband bought a dual-key unit – which has the largest built-up – because they were looking for a big unit, which also allows them to host their family visiting from other states.

“I have been eyeing this area since the court case (involving joint-venture partner Ho Hup Construction Co Bhd which was settled out of court in 2012). I like the development because of the park – we work very late so if there’s a park nearby, we have time to exercise and it saves time – and the mall.

Besides the mall and serviced apartments, Bukit Jalil City also comprises 112 units of “Signature Shop Offices” and 44 units of “Park Point Shop Offices”.
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dont think this is final phase lo. sure more to come on top of P mall. Ho hup also have another 2 blocks (much taller) serviced apartment.
nexona88
post Mar 1 2016, 05:04 PM

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juz beside Pavilion Bukit Jalil! all day can shop rclxm9.gif
aaron1717
post Mar 1 2016, 05:05 PM

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aiyo bukit jalil... crowded macam mampus... so many condos... all high density somemore..... really so many ppl wanto cramp together there meh hahahah....
TSaccetera
post Mar 1 2016, 06:00 PM

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Park Sky success will continue to be the ONG here.


HarpArtist
post Mar 1 2016, 06:26 PM

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QUOTE(aaron1717 @ Mar 1 2016, 05:05 PM)
aiyo bukit jalil... crowded macam mampus... so many condos... all high density somemore..... really so many ppl wanto cramp together there meh hahahah....
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agents doing BJ tell me rental and subsales both is super difficult from oversupply. they have started looking for greener pastures. but I guess here with this price point is for ownstay already.

looking at damens abysmal performance how confident everyone feeling about pav bj now?
langstrasse
post Mar 1 2016, 07:07 PM

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QUOTE
“The serviced apartments will be priced above the average RM855 psf set by the previous phase that was soft launched last year,” she told TheEdgeProperty.com.


Very steep pricing indeed. Will this be the highest psf price in the Bukit Jalil area ?
VincentProperty
post Mar 1 2016, 08:48 PM

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How Much they going to sell? still RM800psf?
leftist
post Mar 1 2016, 09:56 PM

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QUOTE(VincentProperty @ Mar 1 2016, 08:48 PM)
How Much they going to sell? still RM800psf?
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more than rm855psf
nexona88
post Mar 1 2016, 10:02 PM

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RM855 psf is kinda expensive blush.gif
privilege2u
post Mar 1 2016, 10:09 PM

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Hi all, will keep u guys inform on this development. Espeacially on the pricing
ChuiChuiShui
post Mar 1 2016, 10:51 PM

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fuiyoh..this time articles mentioned gt bridge connecting to mall, scale model also gt, hope wont suddenly cancel lk park sky under-walkway...
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post Mar 2 2016, 10:12 AM

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QUOTE(HarpArtist @ Mar 1 2016, 06:26 PM)
agents doing BJ tell me rental and subsales both is super difficult from oversupply. they have started looking for greener pastures. but I guess  here with this price  point is for ownstay already.

looking at damens abysmal performance how confident everyone feeling about pav bj now?
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from investment point of view totally not making sense.... either rental or subsales so competitive.... and the pricing for own stay... so steep.... really so many rich ppl willing to stay in a pigeon hole for the sake of malls and convenience just below you? yea.... how much confident left for the potential buyers are the main concern here.... crazy density in bukit jalil now... traffic also an issue once all the condos completed.....
propusers
post Mar 2 2016, 10:21 AM

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Malton got outsource the sales to outside agents?

what is the different buying from Malton sales staff directly or buying from outsource agent? may i know which is better?
HarpArtist
post Mar 2 2016, 11:41 AM

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QUOTE(aaron1717 @ Mar 2 2016, 10:12 AM)
from investment point of view totally not making sense.... either rental or subsales so competitive.... and the pricing for own stay... so steep.... really so many rich ppl willing to stay in a pigeon hole for the sake of malls and convenience just below you? yea.... how much confident left for the potential buyers are the main concern here.... crazy density in bukit jalil now... traffic also an issue once all the condos completed.....
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me and you feel so but still got buyers for previous phase. suprised me too. 800< psf i can think of many nicer locations.
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post Mar 2 2016, 11:51 AM

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QUOTE(HarpArtist @ Mar 2 2016, 11:41 AM)
me and you feel so but still got buyers for previous phase. suprised me too. 800< psf i can think of many nicer locations.
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yeah... frankly speaking there are a lot of other options with larger sizes... haha.... any bukit jalil investors willing to share why you all vested in this area even if it is high density, high pricing, highly traffic congestion, highly reliance on the success of the new mall.... tongue.gif tongue.gif
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post Mar 2 2016, 11:58 AM

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QUOTE(aaron1717 @ Mar 2 2016, 11:51 AM)
yeah... frankly speaking there are a lot of other options with larger sizes... haha.... any bukit jalil investors willing to share why you all vested in this area even if it is high density, high pricing, highly traffic congestion, highly reliance on the success of the new mall....  tongue.gif  tongue.gif
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Expect high to get higher.

Cocoon
post Mar 2 2016, 12:08 PM

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QUOTE(aaron1717 @ Mar 2 2016, 10:12 AM)
from investment point of view totally not making sense.... either rental or subsales so competitive.... and the pricing for own stay... so steep.... really so many rich ppl willing to stay in a pigeon hole for the sake of malls and convenience just below you? yea.... how much confident left for the potential buyers are the main concern here.... crazy density in bukit jalil now... traffic also an issue once all the condos completed.....
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buy landed in BJ. limited supply and no further supply in the future.

Alternatively commie. I think will do well given the improved crowd and density of this area.
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post Mar 2 2016, 01:03 PM

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QUOTE(Cocoon @ Mar 2 2016, 12:08 PM)
buy landed in BJ. limited supply and no further supply in the future.

Alternatively commie. I think will do well given the improved crowd and density of this area.
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agreed fully. commie as in shops not ofc and soxo i hope thats what u meam.
tohca
post Mar 2 2016, 01:19 PM

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i like the concept... near established green park and shopping mall (hopefully successful, unlike damen).
TSaccetera
post May 21 2016, 12:14 PM

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THE PARK 2.

Tower A: 52 storey

Tower B: 51 storey

Twin towers of service residence.

Ground floor hybrid retail office concept.

Double Sky Terrace between them.

Sky Bridge to Pavilion Mall.

COMING SOON.
electroboy
post May 21 2016, 06:28 PM

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Some of the pic i took from visiting the showroom last march


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Attached Image Attached Image Attached Image Attached Image
rainman19
post May 21 2016, 08:57 PM

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is this last 2 tower out of the 4 towers?

TSaccetera
post May 21 2016, 09:13 PM

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QUOTE(rainman19 @ May 21 2016, 08:57 PM)
is this last 2 tower out of the 4 towers?
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Nope.... the last two towers were sold during the big hooha last year. PTLM was involved.

This thread is for a brand new project.
Mr.Swee
post May 21 2016, 11:21 PM

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Wah sibehhh high density now..... : (
rainman19
post May 21 2016, 11:49 PM

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QUOTE(accetera @ May 21 2016, 09:13 PM)
Nope.... the last two towers were sold during the big hooha last year. PTLM was involved.

This thread is for a brand new project.
*
next to park sky?

Kicimiao66cc
post May 22 2016, 01:20 PM

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I saw newspaper mentioned price from 500k. Not?
surf-it
post May 22 2016, 01:20 PM

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QUOTE(Kicimiao66cc @ May 22 2016, 01:20 PM)
I saw newspaper mentioned price from 500k. Not?
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Yes, studio unit.
Kicimiao66cc
post May 22 2016, 01:32 PM

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QUOTE(surf-it @ May 22 2016, 01:20 PM)
Yes, studio unit.
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How big is that? Studio under HDA?
mthc
post May 22 2016, 01:38 PM

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QUOTE(surf-it @ May 22 2016, 01:20 PM)
Yes, studio unit.
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Bro when are the studios launching?
Kicimiao66cc
post May 22 2016, 04:29 PM

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September, 600sf from 500k.
reyna_ho
post May 22 2016, 04:52 PM

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Saw their FB smallest unit 700sqft followed by 1000sq ft and so on.
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post May 22 2016, 05:00 PM

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Here


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Kicimiao66cc
post May 22 2016, 05:50 PM

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This might be the big punch to Skyluxe?
mthc
post May 22 2016, 06:09 PM

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QUOTE(Kicimiao66cc @ May 22 2016, 05:50 PM)
This might be the big punch to Skyluxe?
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The SA said 580 sq ft wor. Duno why ad said 700 sq ft. If 900psf before 10% disc can Sao skyluxe pei ady.
ChuiChuiShui
post May 22 2016, 08:09 PM

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QUOTE(accetera @ May 21 2016, 12:14 PM)
THE PARK 2.

Tower A: 52 storey

Tower B: 51 storey

Twin towers of service residence.

Ground floor hybrid retail office concept.

Double Sky Terrace between them.

Sky Bridge to Pavilion Mall.

COMING SOON.
*
Boss, is service residence under HDA? Generally and for this park2.. hmm.gif
HELLO HELLO
post May 22 2016, 09:21 PM

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Ru see the sibeh famous property "gold water" guru interview? In interview he mention he don't look good at puki jialat pavilion 2 mall. He only think damansara pavilion will do good and other few malls.
mthc
post May 22 2016, 09:41 PM

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QUOTE(HELLO HELLO @ May 22 2016, 09:21 PM)
Ru see the sibeh famous property "gold water" guru interview? In interview he mention he don't look good at puki jialat pavilion 2 mall. He only think damansara pavilion will do good and other few malls.
*
Who is gold water guru
richardkong
post May 22 2016, 09:55 PM

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QUOTE(HELLO HELLO @ May 22 2016, 09:21 PM)
Ru see the sibeh famous property "gold water" guru interview? In interview he mention he don't look good at puki jialat pavilion 2 mall. He only think damansara pavilion will do good and other few malls.
*
ChuiChuiShui
post May 23 2016, 03:13 PM

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QUOTE(HELLO HELLO @ May 22 2016, 09:21 PM)
Ru see the sibeh famous property "gold water" guru interview? In interview he mention he don't look good at puki jialat pavilion 2 mall. He only think damansara pavilion will do good and other few malls.
*
Did he stated any reasons?
Kicimiao66cc
post May 23 2016, 04:51 PM

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QUOTE(ChuiChuiShui @ May 23 2016, 03:13 PM)
Did he stated any reasons?
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Yes his name is gold water... Water talk..hehe
HELLO HELLO
post May 23 2016, 05:16 PM

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QUOTE(ChuiChuiShui @ May 23 2016, 03:13 PM)
Did he stated any reasons?
*
if ru can read chinese

http://www.nanyang.com/node/761500?tid=460


他较后在论坛上也说,来临的房产投资将着重于教育、医疗、旅游及城市。
他说,一些教育城及医疗设施附近的产业受看好;至于旅游导向,则看好霹雳州的房产。
“许多人会忽略霹雳州的特点,但这些平凡的特点都有发展潜能,如红土坎及太平生态环境都是旅游焦点。”
至于城市方面,郑水兴认为,大吉隆坡还是焦点,本身看好柏威年附近及白沙罗柏威年,但不看好武吉加里尔柏威年

This post has been edited by HELLO HELLO: May 23 2016, 05:17 PM
Kicimiao66cc
post May 23 2016, 05:42 PM

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QUOTE(HELLO HELLO @ May 23 2016, 05:16 PM)
if ru can read chinese

http://www.nanyang.com/node/761500?tid=460
他较后在论坛上也说,来临的房产投资将着重于教育、医疗、旅游及城市。
他说,一些教育城及医疗设施附近的产业受看好;至于旅游导向,则看好霹雳州的房产。
“许多人会忽略霹雳州的特点,但这些平凡的特点都有发展潜能,如红土坎及太平生态环境都是旅游焦点。”
至于城市方面,郑水兴认为,大吉隆坡还是焦点,本身看好柏威年附近及白沙罗柏威年,但不看好武吉加里尔柏威年
*
Later ppl all listen to this 郑水兴 and did not buy PBJ eventually PBJ doing damn well then how... 郑水兴 Become 真扫兴……
richardkong
post May 23 2016, 05:44 PM

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QUOTE(HELLO HELLO @ May 23 2016, 05:16 PM)
if ru can read chinese

http://www.nanyang.com/node/761500?tid=460
他较后在论坛上也说,来临的房产投资将着重于教育、医疗、旅游及城市。
他说,一些教育城及医疗设施附近的产业受看好;至于旅游导向,则看好霹雳州的房产。
“许多人会忽略霹雳州的特点,但这些平凡的特点都有发展潜能,如红土坎及太平生态环境都是旅游焦点。”
至于城市方面,郑水兴认为,大吉隆坡还是焦点,本身看好柏威年附近及白沙罗柏威年,但不看好武吉加里尔柏威年
*
rclxms.gif
ChuiChuiShui
post May 23 2016, 07:16 PM

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QUOTE(HELLO HELLO @ May 23 2016, 05:16 PM)
if ru can read chinese

http://www.nanyang.com/node/761500?tid=460
他较后在论坛上也说,来临的房产投资将着重于教育、医疗、旅游及城市。
他说,一些教育城及医疗设施附近的产业受看好;至于旅游导向,则看好霹雳州的房产。
“许多人会忽略霹雳州的特点,但这些平凡的特点都有发展潜能,如红土坎及太平生态环境都是旅游焦点。”
至于城市方面,郑水兴认为,大吉隆坡还是焦点,本身看好柏威年附近及白沙罗柏威年,但不看好武吉加里尔柏威年
*
ooo..gavin tee ah, sometimes kena sometimes kantoi also de.. biggrin.gif

But then he also no stated any reasons, maybe dig some info from frens..
Perak then byebye la, so many old road how to change? If cnt change, then ntg to talk invest bout..
braunbuffel
post May 24 2016, 01:30 AM

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park here
mthc
post May 24 2016, 07:47 AM

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QUOTE(ChuiChuiShui @ May 23 2016, 07:16 PM)
ooo..gavin tee ah, sometimes kena sometimes kantoi also de.. biggrin.gif

But then he also no stated any reasons, maybe dig some info from frens..
Perak then byebye la, so many old road how to change? If cnt change, then ntg to talk invest bout..
*
One of his article said prop market will recover in 2016. Let's see how true.

http://www.swhengtee.com.my/Swhengtee-Arti...rn-in-2016.html
ChuiChuiShui
post May 24 2016, 09:32 AM

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QUOTE(mthc @ May 24 2016, 07:47 AM)
One of his article said prop market will recover in 2016. Let's see how true.

http://www.swhengtee.com.my/Swhengtee-Arti...rn-in-2016.html
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he also claim klcc 5k psf in 2011-2016.
5mths passed, 7mhts left, is there anyone who think 5k psf achievable within this period?

http://blog.iproperty.com.my/reports-trend...5k-psf-by-2016/
https://forum.lowyat.net/topic/1740644/all
mthc
post May 24 2016, 10:13 AM

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QUOTE(ChuiChuiShui @ May 24 2016, 09:32 AM)
he also claim klcc 5k psf in 2011-2016.
5mths passed, 7mhts left, is there anyone who think 5k psf achievable within this period?

http://blog.iproperty.com.my/reports-trend...5k-psf-by-2016/
https://forum.lowyat.net/topic/1740644/all
*
Now most expensive also 3k psf right? Bayan Tree?
Kicimiao66cc
post May 24 2016, 10:24 AM

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QUOTE(ChuiChuiShui @ May 24 2016, 09:32 AM)
he also claim klcc 5k psf in 2011-2016.
5mths passed, 7mhts left, is there anyone who think 5k psf achievable within this period?

http://blog.iproperty.com.my/reports-trend...5k-psf-by-2016/
https://forum.lowyat.net/topic/1740644/all
*
Shhhhh.... He mean 5k in others currency la..
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post May 24 2016, 10:29 AM

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QUOTE(Kicimiao66cc @ May 23 2016, 05:42 PM)
Later ppl all listen to this 郑水兴 and did not buy PBJ eventually PBJ doing damn well then how... 郑水兴 Become 真扫兴……
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biggrin.gif rclxms.gif rclxms.gif biggrin.gif
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post May 24 2016, 11:45 AM

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QUOTE(mthc @ May 24 2016, 10:13 AM)
Now most expensive also 3k psf right? Bayan Tree?
*
pavilion residence 3.5k psf?
8conlay 3.2k psf?
If not mistaken is these 2..

Jumeirah maybe can reach this kind of price tag also..
Harrods, hearsay dabao and off already
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post May 24 2016, 11:46 AM

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This post has been edited by mthc: May 24 2016, 11:48 AM
Babizz
post Jun 4 2016, 05:29 PM

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no news for this? hows the progress for the mall?
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post Jun 4 2016, 10:33 PM

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郑水兴 - This guy is predict the market only [All expertise also can't 100% confirm and know what happen in future.]


My personal views is LOOK GOOD AT bukit jalil area because this location is new and many housing area near by. Many new generate also buy house far from damansara/KL area due to the property price very higher. The new generation support, this shopping central sure will get more success.

This post has been edited by seanking26: Jun 4 2016, 10:42 PM
nexona88
post Jun 4 2016, 11:45 PM

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bukit jalil area really "hot"..

so many high rise projects coming soon. gonna "flood" the market laugh.gif
hondaracer
post Jun 5 2016, 03:10 PM

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price?? hot hot?? parking...
Asali
post Jun 5 2016, 04:47 PM

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QUOTE(HELLO HELLO @ May 23 2016, 05:16 PM)
if ru can read chinese

http://www.nanyang.com/node/761500?tid=460
他较后在论坛上也说,来临的房产投资将着重于教育、医疗、旅游及城市。
他说,一些教育城及医疗设施附近的产业受看好;至于旅游导向,则看好霹雳州的房产。
“许多人会忽略霹雳州的特点,但这些平凡的特点都有发展潜能,如红土坎及太平生态环境都是旅游焦点。”
至于城市方面,郑水兴认为,大吉隆坡还是焦点,本身看好柏威年附近及白沙罗柏威年,但不看好武吉加里尔柏威年
*
I think I like pavilion damansara heights more than pavilion in bj. smile.gif
HELLO HELLO
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QUOTE(Asali @ Jun 5 2016, 04:47 PM)
I think I like pavilion damansara heights more than pavilion in bj. smile.gif
*
Yes, damansara height Pv more strategic location, high upper spending power group, bigger high earning expats pool, more tourist also. Just right next to bangsar.

This post has been edited by HELLO HELLO: Jun 5 2016, 05:39 PM
electroboy
post Jun 5 2016, 05:50 PM

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QUOTE(HELLO HELLO @ Jun 5 2016, 05:35 PM)
Yes, damansara height Pv more strategic location, high upper spending power group, bigger high earning expats pool, more tourist also. Just right next to bangsar.
*
from what i know there will not be a mall in pavilion damansara, just a "retail galleria" (which is probably just like DFS galleria in other countries but no food, hipster restaurant, cinema, karaoke etc?)
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post Jun 6 2016, 01:28 PM

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smallest size? and price?? and maintenance??
-Shinjiz-
post Jul 6 2016, 02:01 PM

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Just notice the ads for Park 2 is up on Kesas, near the toll before turning into OUG/Bukit Jalil. Going to launch soon?
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post Jul 18 2016, 12:20 PM

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QUOTE(privilege2u @ Mar 1 2016, 10:09 PM)
Hi all, will keep u guys inform on this development. Espeacially on the pricing
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pm. thanks
calvin_kenni
post Jul 22 2016, 04:25 PM

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Parking to get info
SUSMNet
post Jul 22 2016, 07:38 PM

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According to SA, this will launch at Nov 2016
SUSbf1119
post Jul 22 2016, 07:46 PM

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QUOTE(MNet @ Jul 22 2016, 07:38 PM)
According to SA, this will launch at Nov 2016
*
postponed again ???
before that be informed on oct.

i suggest malton launch as earlier as possible with the economic condition will only getting bad. if they think of launch later can increase price higher then they are dreaming. skyluxe recent sales (cheaper than the park 1) already faced the difficulties. The park 2 is better to be as cheap as possible
dz91
post Jul 22 2016, 08:14 PM

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QUOTE(bf1119 @ Jul 22 2016, 07:46 PM)
postponed again ???
  before that be informed on oct.

i suggest malton launch as earlier as possible with the economic condition will only getting bad. if they think of launch later can increase price higher then they are dreaming. skyluxe recent sales (cheaper than the park 1) already faced the difficulties. The park 2 is better to be as cheap as possible
*
As cheap as possible is just dreaming
Park sky already record 750psf with higher floor of block D achieving 900psf-1000psf after discount
This is last phase of Bjc residential
With direct link bridge to Pavilion Bukit Jalil I see no reason for Malton to sell cheap
Kicimiao66cc
post Jul 22 2016, 08:31 PM

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QUOTE(bf1119 @ Jul 22 2016, 07:46 PM)
postponed again ???
  before that be informed on oct.

i suggest malton launch as earlier as possible with the economic condition will only getting bad. if they think of launch later can increase price higher then they are dreaming. skyluxe recent sales (cheaper than the park 1) already faced the difficulties. The park 2 is better to be as cheap as possible
*
Hehe... time to appointment with chow gong..
TSaccetera
post Jul 23 2016, 11:33 AM

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709 units in 2 towers.
Realestate.my
post Jul 23 2016, 12:40 PM

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Nett Psf ?
SUSbf1119
post Jul 23 2016, 02:54 PM

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park 2 maybe a better buy than park1. park1 many people not able to get their preference units because nice view units reserved for one party to flip the prices and commission. can say that some forced to accept the units they bought.

hopefully park 2 wont apply the same practice again if not malton marketing team got to swallo themselves this time.
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post Jul 23 2016, 04:36 PM

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yeah... delay and eyeing 1000psf... smile.gif
SUSbf1119
post Jul 23 2016, 05:07 PM

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QUOTE(propusers @ Jul 23 2016, 04:36 PM)
yeah... delay and eyeing 1000psf... smile.gif
*
from what informatuon i having not that... haha..

seems like better than park1 also if look at faciliies, direct link bridge, materials, etc. hahaha. 😆😆😆
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post Jul 23 2016, 10:01 PM

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Park 2 is more high end lah.... to be fair. It's now THE PARK 2 @ PAVILION leh....
terrykow
post Jul 23 2016, 10:02 PM

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Park sky residence got 1098 unit and may I know how many unit they will build in park 2 ? I'm abit worry about this project, if the project very successful then pv2 will be so so so jammed, can't imagine the crowd during weekends, would this affect the residents in park residence? If the project is not doing well like damen, then will be lot of empty unit for sales after vp.
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QUOTE(terrykow @ Jul 23 2016, 10:02 PM)
Park sky residence got 1098 unit and may I know how many unit they will build in park 2 ? I'm abit worry about this project, if the project very successful then pv2 will be so so so jammed,  can't imagine the crowd during weekends, would this affect the residents in park residence? If the project is not doing well like damen,  then will be lot of empty unit for sales after vp.
*
I have posted few posts before.
SUSbf1119
post Jul 23 2016, 10:11 PM

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agreed. even prices increase it is worth with the things provided like Pavillion Suites BBKLCC. if IT come along with privileged services offer in Pavillion suites . thats super premium 😆😆😆😆
SUSbf1119
post Jul 23 2016, 10:13 PM

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QUOTE(accetera @ Jul 23 2016, 10:10 PM)
I have posted few posts before.
*
lol 😂😂😂😂😂
terrykow
post Jul 23 2016, 10:40 PM

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QUOTE(accetera @ Jul 23 2016, 10:10 PM)
I have posted few posts before.
*
Dun misunderstood my fren, , I have seen yr post, this is just my way to express how high density pv2 residence will be from park 1 plus park 2. Relax bro.
SUSbf1119
post Jul 23 2016, 10:49 PM

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density based on area .not based on individual developement. worry about high dense is to count in all developments in bk jalil. lol 😆😆😆😆😆
dz91
post Jul 23 2016, 10:54 PM

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For sure Park 2 will be more premium and high end that Park sky la
It is nearest to Pavilion bj with direct link bridge
But for sure the price and maintainece will achieve new High in bukit Jalil area
I estimate start from 1kpsf ( Base on successful of parksky with price average of 850psf and 95% sold)
What u get is what u paid lo

SUSbf1119
post Jul 23 2016, 10:58 PM

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QUOTE(dz91 @ Jul 23 2016, 10:54 PM)
For sure Park 2 will be more premium and high end that Park sky la
It is nearest to Pavilion bj with direct link bridge
But for sure the price and maintainece will achieve new High in bukit Jalil area
I estimate start from 1kpsf ( Base on successful of parksky with price  average of 850psf and 95% sold)
What u get is what u paid lo
*
meaning below 1k psf is BBB 😉😉😉😉
dz91
post Jul 23 2016, 11:32 PM

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QUOTE(bf1119 @ Jul 23 2016, 10:58 PM)
meaning below 1k psf is  BBB 😉😉😉😉
*
I doubt they will launch below 1kpsf
SUSbf1119
post Jul 24 2016, 12:05 AM

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QUOTE(dz91 @ Jul 23 2016, 11:32 PM)
I doubt they will launch below 1kpsf
*
in current market sentiment, i dont have doubt they will below 1kpsf. sold out is more important than pooor sales for years. it also affect opening of Pavillion 2. Malton team is smart and sensitive to market condition
SUSbf1119
post Aug 9 2016, 09:40 PM

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QUOTE(mthc @ May 22 2016, 06:09 PM)
The SA said 580 sq ft wor. Duno why ad said 700 sq ft. If 900psf before 10% disc can Sao skyluxe pei ady.
*
A very good news to malton fans ! Stay Tuned

This post has been edited by bf1119: Aug 9 2016, 09:46 PM
seanking26
post Aug 9 2016, 09:48 PM

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Another project call THE HAVRE @ BUKIT JALIL said that got direct link bridge to pavillion mall, do you think this project more attractive?
ryan@chua
post Aug 9 2016, 10:19 PM

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QUOTE(seanking26 @ Aug 9 2016, 10:48 PM)
Another project call THE HAVRE @ BUKIT JALIL said that got direct link bridge to pavillion mall, do you think this project more attractive?
*
Make it clear it is covered walkway

And if you are saying about investment, I think the Havre also not a good investment with few TEN THOUSAND units flood into bk jalil in the next coming 5 years. rclxub.gif

Those investors mega_shok.gif in bk jalil need to worry such as :

Skyluxe

Park sky resi

Km1
Km,2

Casa green
Aurora Sovo

Kiara Residence
Kiara Residence 2

Park Hill Residence

The Link
The Rainz
The Seedz
The Treez

The Z Residence

Twin Arkz
icon_question.gif wink.gif
ahkit123
post Aug 9 2016, 10:21 PM

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QUOTE(seanking26 @ Aug 9 2016, 10:48 PM)
Another project call THE HAVRE @ BUKIT JALIL said that got direct link bridge to pavillion mall, do you think this project more attractive?
*
No
Babizz
post Aug 9 2016, 10:27 PM

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QUOTE(ryan@chua @ Aug 9 2016, 08:19 AM)
Make it clear it is covered walkway

And if you are saying about investment,  I think the Havre also not a good investment with few TEN THOUSAND units flood into bk jalil in the next coming 5 years.  rclxub.gif

Those investors  mega_shok.gif  in bk jalil need to worry such as :


  icon_question.gif  wink.gif
*
Boss u forgot MANY MANY project in BJ. Btw, my friend staying in z resi said MANY PH thr. with existing oversupply n really struggling rental, dnt be suprised even high end will hv resident profile problems.
seanking26
post Aug 9 2016, 10:41 PM

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QUOTE(ryan@chua @ Aug 9 2016, 11:19 PM)
Make it clear it is covered walkway

And if you are saying about investment,  I think the Havre also not a good investment with few TEN THOUSAND units flood into bk jalil in the next coming 5 years.  rclxub.gif

Those investors  mega_shok.gif  in bk jalil need to worry such as :

Skyluxe

Park sky resi

Km1
Km,2

Casa green
Aurora Sovo

Kiara Residence
Kiara Residence 2

Park Hill Residence

The Link
The Rainz
The Seedz
The Treez

The Z Residence

Twin Arkz
  icon_question.gif  wink.gif
*
All project are located in same area but each of project have their own target customers.
park hill - near by TPM and lrt station
the treez's area also target different level of customer.

revo / aurora more closed pavillion also have their customer.

Conclusion different type, level, rental price, environment also their on target.

you can't group it and make a conclusion, you make refer current PJ as example.

seanking26
post Aug 9 2016, 10:42 PM

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QUOTE(Babizz @ Aug 9 2016, 11:27 PM)
Boss u forgot MANY MANY project in BJ. Btw, my friend staying in z resi said MANY PH thr. with existing oversupply n really struggling rental, dnt be suprised even high end will hv resident profile problems.
*
High end condo are the first crisis are when oversupply because cost of purchasing and maintenance also higher compare with other.
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post Aug 9 2016, 10:46 PM

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QUOTE(seanking26 @ Aug 9 2016, 11:41 PM)
All project are located in same area but each of project have their own target customers.
park hill - near by TPM and lrt station
the treez's area also target different level of customer.

revo / aurora more closed pavillion also have their customer.

Conclusion different type, level, rental price, environment also their on target.

you can't group it and make a conclusion, you make refer current PJ as example.
*
Yes, plus the pr1ma, rumawip, ppa1m customer target, Bukit jalil is going to be super Ong ie jam
doreamon1987
post Aug 9 2016, 10:46 PM

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So anyone knows when is the exact launching date/month? Oct 2016 or Nov 2016??
ryan@chua
post Aug 9 2016, 10:48 PM

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QUOTE(seanking26 @ Aug 9 2016, 11:42 PM)
High end condo are the first crisis are when oversupply because cost of purchasing and maintenance also higher compare with other.
*
So those skyluxe , park sky resi buyers are crying now cry.gif

whistling.gif brows.gif

seanking26
post Aug 9 2016, 10:51 PM

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QUOTE(ryan@chua @ Aug 9 2016, 11:48 PM)
So those skyluxe ,  park sky resi buyers are crying now  cry.gif

whistling.gif  brows.gif
*
The park still have their selling points - pavillion within walking distance. i'm talking those project without main attractive selling points.
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post Aug 9 2016, 10:54 PM

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QUOTE(seanking26 @ Aug 9 2016, 11:51 PM)
The park still have their selling points - pavillion within walking distance. i'm talking those project without main attractive selling points.
*
Which projects ???? icon_idea.gif icon_idea.gif icon_idea.gif flex.gif
TSaccetera
post Aug 9 2016, 11:05 PM

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I think I might get one unit here for own stay. Still thinking.
SUSbf1119
post Aug 9 2016, 11:11 PM

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QUOTE(accetera @ Aug 9 2016, 11:05 PM)
I think I might get one unit here for own stay. Still thinking.
*
Nice for own stay.
Tallest, most premium, nearest to pav2, and unblock Real Park view
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post Aug 9 2016, 11:17 PM

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QUOTE(bf1119 @ Aug 10 2016, 12:11 AM)
Nice for own stay.
Tallest, most premium, nearest to pav2, and unblock Real Park view
*
Ya, best location beside Pavilion... BJ the next damansara
Lyforumer16
post Aug 10 2016, 09:29 PM

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QUOTE(accetera @ Aug 9 2016, 11:05 PM)
I think I might get one unit here for own stay. Still thinking.
*
Do you have the pricing info for park 2.
ChuiChuiShui
post Aug 11 2016, 03:21 PM

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Hearsay psf less than 900...

TSaccetera
post Aug 12 2016, 12:38 AM

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Starting price attractive.
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post Aug 12 2016, 01:06 AM

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.

This post has been edited by ryan@chua: Aug 12 2016, 01:15 AM
SUSbf1119
post Aug 12 2016, 01:10 AM

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QUOTE(dz91 @ Jul 23 2016, 10:54 PM)
For sure Park 2 will be more premium and high end that Park sky la
It is nearest to Pavilion bj with direct link bridge
But for sure the price and maintainece will achieve new High in bukit Jalil area
I estimate start from 1kpsf ( Base on successful of parksky with price  average of 850psf and 95% sold)
What u get is what u paid lo
*
The Park sky Some units 750psf only.

TSaccetera
post Aug 12 2016, 12:45 PM

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The Park Sky has Phase 1 (Tower A & B) and Phase 2 (Tower C & D). Both phases have some differences in the Average pricing.
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post Aug 12 2016, 12:52 PM

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The park (phase 2) is accept deposit booking for Pre registere.
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post Aug 12 2016, 12:54 PM

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anyone know details for parksky2 and their showroom is ready?
dz91
post Aug 12 2016, 12:58 PM

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QUOTE(bf1119 @ Aug 12 2016, 01:10 AM)
The Park sky Some units 750psf only.
*
And some also 1kpsf
That's why I say average is 850psf
Adui u don't know how to reeled 😂
dz91
post Aug 12 2016, 12:58 PM

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QUOTE(bf1119 @ Aug 12 2016, 01:10 AM)
The Park sky Some units 750psf only.
*
And some also 1kpsf
That's why I say average is 850psf
Adui u don't know how to read😂

This post has been edited by dz91: Aug 12 2016, 06:14 PM
propusers
post Aug 12 2016, 04:04 PM

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QUOTE(accetera @ Aug 12 2016, 12:38 AM)
Starting price attractive.
*
bro, mind to elaborate? low psf or low entry price?
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post Aug 12 2016, 04:11 PM

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QUOTE(ryan@chua @ Aug 9 2016, 10:19 PM)
Make it clear it is covered walkway

And if you are saying about investment,  I think the Havre also not a good investment with few TEN THOUSAND units flood into bk jalil in the next coming 5 years.  rclxub.gif

Those investors  mega_shok.gif  in bk jalil need to worry such as :

Skyluxe

Park sky resi

Km1
Km,2

Casa green
Aurora Sovo

Kiara Residence
Kiara Residence 2

Park Hill Residence

The Link
The Rainz
The Seedz
The Treez

The Z Residence

Twin Arkz
  icon_question.gif  wink.gif
*
and vista komanwel to rule them all. lol.


QUOTE(ahkit123 @ Aug 9 2016, 10:46 PM)
Yes, plus the pr1ma, rumawip, ppa1m customer target, Bukit jalil is going to be super Ong ie jam
*
hence the real jewel are not the resi but the commies servicing them
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post Aug 12 2016, 05:34 PM

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rclxms.gif

This post has been edited by jck1986: Aug 12 2016, 05:49 PM
TSaccetera
post Aug 12 2016, 06:31 PM

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Considered this one of the most premium property in BJ.
seanking26
post Aug 12 2016, 11:23 PM

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QUOTE(kochin @ Aug 12 2016, 05:11 PM)
and vista komanwel to rule them all. lol.
hence the real jewel are not the resi but the commies servicing them
*
2 university (IMU and APU), technology park and some office in bukit jalil.

Believe the demand still high.
Lyforumer16
post Aug 13 2016, 10:53 PM

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QUOTE(accetera @ Aug 12 2016, 06:31 PM)
Considered this one of the most premium property in BJ.
*
any info on the pricing? they are accepting booking now?

SUSbf1119
post Aug 13 2016, 10:58 PM

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QUOTE(Lyforumer16 @ Aug 13 2016, 10:53 PM)
any info on the pricing? they are accepting booking now?
*
Postponed launching to 1Q 2017
doreamon1987
post Aug 14 2016, 03:42 PM

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Is this project now available for booking??
AskarPerang
post Aug 25 2016, 11:02 AM

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FLASH NEWS ::: Another new launch is coming soon to Bukit Jalil. Do you remember the "BBB" for The Park Sky Residence last year? Despite unconfirmed rumours, PTLM has been informed that there will most likely see a convenient below-ground access to the Pavilion Bukit Jalil Regional Shopping Centre. Now, for those who are looking at property investment in this area, you'll soon be greeted by a brand new sequel, It's tentatively called The Park 2 @ Pavilion Bukit Jalil, featuring two towers of 51/50 storeys and a total of 709 units of exclusive residences. Unit size begins from 750 sq ft and its carpark podium will be linked directly into the mall via a skybridge.
SUSrookienyc
post Aug 25 2016, 11:13 AM

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Pls PM package. Interested!
MonGJiHyo
post Aug 25 2016, 11:17 PM

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This post has been edited by MonGJiHyo: Aug 26 2016, 02:23 PM
Chris Chew
post Aug 26 2016, 12:43 AM

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QUOTE(seanking26 @ Aug 12 2016, 12:52 PM)
The park (phase 2) is accept deposit booking for Pre registere.
*
Really? I asked last few dats but seems no leh.

ck2chan
post Aug 26 2016, 01:19 AM

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QUOTE(AskarPerang @ Aug 25 2016, 11:02 AM)
FLASH NEWS ::: Another new launch is coming soon to Bukit Jalil. Do you remember the "BBB" for The Park Sky Residence last year? Despite unconfirmed rumours, PTLM has been informed that there will most likely see a convenient below-ground access to the Pavilion Bukit Jalil Regional Shopping Centre. Now, for those who are looking at property investment in this area, you'll soon be greeted by a brand new sequel, It's tentatively called The Park 2 @ Pavilion Bukit Jalil, featuring two towers of 51/50 storeys and a total of 709 units of exclusive residences. Unit size begins from 750 sq ft and its carpark podium will be linked directly into the mall via a skybridge.
*
Who is the developer and agent selling? How much?
seanking26
post Aug 26 2016, 10:54 PM

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Any one booking? please share more information.
doreamon1987
post Aug 30 2016, 11:24 AM

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QUOTE(ck2chan @ Aug 26 2016, 01:19 AM)
Who is the developer and agent selling? How much?
*
who else. Malton Bhd lo. So far i know, not agents selling but Malton's sales staff
Chris Chew
post Aug 30 2016, 12:29 PM

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Walk into Pavilion BJ sales gallery last week, and SA said tentatively launch around Oct and they abolished the previous showroom to path the way for new Park 2 showroom. Tentatively price was RM 800+ psf and another insider info said the price range is huge and goes up to more than RM 1k psf.

Interesting. Let's see the new layout whether it can be better off previous layout or Waltz impressive layout with 2 cps each. I still cannot digest if Park 2 small units only gibven 1 cp.

TSaccetera
post Aug 30 2016, 12:29 PM

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In my opinion, layout wise similar to Park Sky with a better improvement.

There are some things that make this the most premium property in Bukit Jalil.

This post has been edited by accetera: Aug 30 2016, 12:32 PM
ck2chan
post Aug 30 2016, 05:01 PM

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QUOTE(accetera @ Aug 30 2016, 12:29 PM)
In my opinion, layout wise similar to Park Sky with a better improvement.

There are some things that make this the most premium property in Bukit Jalil.
*
Wow Mount BJ even in this slow economy.
Malton really so confident.
ryan@chua
post Aug 30 2016, 09:22 PM

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QUOTE(ck2chan @ Aug 30 2016, 06:01 PM)
Wow Mount BJ even in this slow economy.
Malton really so confident.
*
The most premium home in bk jalil is in making. Full park view, unit facing west also blocked by Tower D of The Park 1 . So no need to worry for hot sun and bad fengshui facing west.

"Free Gold Premium Member to shop pavillion mall whole life." ^^ )
ck2chan
post Aug 31 2016, 01:54 AM

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QUOTE(ryan@chua @ Aug 30 2016, 09:22 PM)
The most premium home in bk jalil is in making. Full park view, unit facing west also blocked by Tower D of The Park 1 . So no need to worry for hot sun and bad fengshui facing west. 

"Free Gold Premium Member to shop pavillion mall whole life."  ^^ )
*
thumbup.gif
ryan@chua
post Aug 31 2016, 02:21 PM

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Almost like 1 lift serving 1 unit
cyrus_evil89
post Aug 31 2016, 02:38 PM

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started to accept booking for the park 2?
TSaccetera
post Aug 31 2016, 04:34 PM

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QUOTE(cyrus_evil89 @ Aug 31 2016, 02:38 PM)
started to accept booking for the park 2?
*
Yes booking started.

Already hinted some time ago mah.
TSaccetera
post Aug 31 2016, 04:35 PM

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QUOTE(cyrus_evil89 @ Aug 31 2016, 02:38 PM)
started to accept booking for the park 2?
*
Yes booking started.

Already hinted some time ago mah.
Babizz
post Aug 31 2016, 05:02 PM

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QUOTE(accetera @ Aug 31 2016, 02:34 AM)
Yes booking started.

Already hinted some time ago mah.
*
how much n how many % discount.
Chris Chew
post Aug 31 2016, 05:48 PM

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QUOTE(accetera @ Aug 31 2016, 04:35 PM)
Yes booking started.

Already hinted some time ago mah.
*
Straight booking the unit or merely give cheque for registration and select unit later?

ryan@chua
post Aug 31 2016, 07:14 PM

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QUOTE(Chris Chew @ Aug 31 2016, 06:48 PM)
Straight booking the unit or merely give cheque for registration and select unit later?
*
Give cheque for booking and select unit basing on cheque collection order
wil-i-am
post Aug 31 2016, 08:17 PM

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Despite all d gud news on Malton, its share price hardly move doh.gif
ryan@chua
post Aug 31 2016, 09:50 PM

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QUOTE(wil-i-am @ Aug 31 2016, 09:17 PM)
Despite all d gud news on Malton, its share price hardly move  doh.gif
*
Good property stock is Gadang. Many Big developers sound big but profits little only.

wil-i-am
post Sep 1 2016, 08:01 AM

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QUOTE(ryan@chua @ Aug 31 2016, 09:50 PM)
Good property stock is Gadang.  Many Big developers sound big but profits little only.
*
Gadang is classified as construction instead of property sector
dz91
post Sep 1 2016, 08:22 AM

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QUOTE(wil-i-am @ Sep 1 2016, 08:01 AM)
Gadang is classified as construction instead of property sector
*
u sure ?
look at gadang latest report
47% profit from property sector
ryan@chua
post Sep 1 2016, 08:34 AM

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QUOTE(wil-i-am @ Sep 1 2016, 09:01 AM)
Gadang is classified as construction instead of property sector
*
Dont bother it s contruction or dveloper as long as can earn money

Quickly go buy it before share split, + bonus + free warrant


nexona88
post Sep 1 2016, 09:02 AM

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QUOTE(ryan@chua @ Sep 1 2016, 08:34 AM)
Dont bother it s contruction or dveloper as long as can earn money

Quickly go buy it before share split, + bonus + free warrant
*
Hahaha so true..
It's the money that count not name blush.gif
wil-i-am
post Sep 1 2016, 07:04 PM

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QUOTE(dz91 @ Sep 1 2016, 08:22 AM)
u sure ?
look at gadang latest report
47% profit from property sector
*
Yes, 100% sure
U can verify via daily national newspaper
dz91
post Sep 1 2016, 07:07 PM

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QUOTE(wil-i-am @ Sep 1 2016, 07:04 PM)
Yes, 100% sure
U can verify via daily national newspaper
*
why verified newspaper when u can read the quarter report urself
go and read then u can see , latest revenue 47% come from property sector , remaining from construction
Yamy
post Sep 1 2016, 07:12 PM

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Anybody got news want to GORENG Gadang?
wil-i-am
post Sep 1 2016, 07:14 PM

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QUOTE(dz91 @ Sep 1 2016, 07:07 PM)
why verified newspaper when u can read the quarter report urself
go and read then u can see , latest revenue 47% come from property sector , remaining from construction
*
I have read their latest qtrly results
Having said tat, Bursa committee will make the final say on which sector it will b listed
nexona88
post Sep 1 2016, 07:18 PM

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from property to stock market discussions laugh.gif
Yamy
post Sep 1 2016, 07:21 PM

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QUOTE(nexona88 @ Sep 1 2016, 07:18 PM)
from property to stock market discussions laugh.gif
*
If good property counter or Insider news.....no harm to share rclxms.gif ! But Malton share price lately like having diarrhea...wondering why as the BJ project seems to be doing OK!

This post has been edited by Yamy: Sep 1 2016, 07:24 PM
ryan@chua
post Sep 1 2016, 08:44 PM

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QUOTE(Yamy @ Sep 1 2016, 08:21 PM)
If good property counter or Insider news.....no harm to share  rclxms.gif ! But Malton share price lately like having diarrhea...wondering why as the BJ project seems to be doing OK!
*
Ya. Profits in stock now more than property.
No harm to invest in good company stock. Those billionaires their wealth mainly come from stock not property. Alibaba, facebook, google, zara, etc.

Gkent not bad also.
Lyforumer16
post Sep 1 2016, 10:58 PM

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QUOTE(accetera @ Aug 31 2016, 04:35 PM)
Yes booking started.

Already hinted some time ago mah.
*
pricing?
TSaccetera
post Sep 1 2016, 11:03 PM

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QUOTE(Lyforumer16 @ Sep 1 2016, 10:58 PM)
pricing?
*
RM8xx psf before incentives.
privilege2u
post Sep 2 2016, 09:13 PM

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Hi all, for latest up date news and info about this project you may visit the above link
https://www.facebook.com/MasterPiecePropert.../?flyingspaghettimonster=bookmarks
Maneki-neko
post Sep 3 2016, 02:16 PM

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How is the sale for today? got BBB? they are now bruce.gif with waltz
Lyforumer16
post Sep 3 2016, 03:34 PM

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Hearsay no medium size unit. Only small or dual key unit. Starting 860+ psf beforee rebate.

This post has been edited by Lyforumer16: Sep 3 2016, 03:34 PM
Chris Chew
post Sep 3 2016, 05:23 PM

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QUOTE(Lyforumer16 @ Sep 3 2016, 03:34 PM)
Hearsay no medium size unit. Only small or dual key unit. Starting 860+ psf beforee rebate.
*
Estimated berapa rebates?

The price seems not much diff compare to Park 1. Thats good. But, how small is small unit? Oso 1 cp only rite?

Babizz
post Sep 3 2016, 10:57 PM

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QUOTE(Chris Chew @ Sep 3 2016, 03:23 AM)
Estimated berapa rebates?

The price seems not much diff compare to Park 1. Thats good. But, how small is small unit? Oso 1 cp only rite?
*
rebate is same as park sky. wht was park rebate?
TSaccetera
post Sep 6 2016, 11:01 PM

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Rebate: 5%+5%.

Now open for booking.
ryan@chua
post Sep 6 2016, 11:06 PM

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QUOTE(Babizz @ Sep 3 2016, 11:57 PM)
rebate is same as park sky. wht was park rebate?
*
Boss . You interested in park2 ??

Actually i got the layouts, pricing, furniture, car park, most of it. But dont know why Malton still dont want to reveal it.

Haha. I can only say it will be worth to wait with the prices vs the things offer. Please dont buy any developments in Bk Jalil first if you havent do so. LOL
spydermind
post Sep 9 2016, 07:31 AM

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The pricing is more reasonable considering the closer proximity to pavilion. I think they realiZe the competition around and trying not to drive investor or purchaser away to other project if they got for much higher price. I seriously don't think it is worth 1000psf anyway , so the current price with rebate actually resulting in nett price of 760-770 psf is more reasonable .
DavidKool
post Sep 9 2016, 10:24 AM

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QUOTE(ryan@chua @ Sep 6 2016, 11:06 PM)
Boss . You interested in park2 ??

Actually i got the layouts, pricing, furniture, car park, most of it. But dont know why Malton still dont want to reveal it.

Haha. I can only say it will be worth to wait with the prices vs the things offer. Please dont buy any developments in Bk Jalil first if you havent do so. LOL
*
Layout good?

ryan@chua
post Sep 9 2016, 10:30 AM

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QUOTE(DavidKool @ Sep 9 2016, 11:24 AM)
Layout good?
*
Wait lor.
Dont go for others 1st in bk jalil.
ChuiChuiShui
post Sep 9 2016, 10:38 AM

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Price is attractive, even alot complain cheaper than their park sky unit.
Layout wise i more prefer park sky ya.
CORBUSIER
post Sep 9 2016, 01:26 PM

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QUOTE(ryan@chua @ Sep 9 2016, 10:30 AM)
Wait lor.
Dont go for others 1st in bk jalil.
*
how to wait?? upcoming there will be more attractive projecs/ development at bj esp. near the LRT side..hehe

stay tuned...it could better than park 2...pricing, design, and location..
cutealex
post Sep 9 2016, 02:15 PM

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QUOTE(CORBUSIER @ Sep 9 2016, 01:26 PM)
how to wait?? upcoming there will be more attractive projecs/ development at bj esp. near the LRT side..hehe

stay tuned...it could better than park 2...pricing, design, and location..
*
Can PM me ... cool2.gif
lowyatlau
post Sep 9 2016, 03:59 PM

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QUOTE(CORBUSIER @ Sep 9 2016, 01:26 PM)
how to wait?? upcoming there will be more attractive projecs/ development at bj esp. near the LRT side..hehe

stay tuned...it could better than park 2...pricing, design, and location..
*
PM. Thanks
ryan@chua
post Sep 9 2016, 05:18 PM

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QUOTE(ChuiChuiShui @ Sep 9 2016, 11:38 AM)
Price is attractive, even alot complain cheaper than their park sky unit.
Layout wise i more prefer park sky ya.
*
Ya. Layout wise park sky slightly better.


ryan@chua
post Sep 9 2016, 05:27 PM

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QUOTE(CORBUSIER @ Sep 9 2016, 02:26 PM)
how to wait?? upcoming there will be more attractive projecs/ development at bj esp. near the LRT side..hehe

stay tuned...it could better than park 2...pricing, design, and location..
*
Then just wait lo.
Got money no worries.

spydermind
post Sep 10 2016, 08:55 AM

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Agree.especislly for investment
privilege2u
post Sep 10 2016, 10:28 AM

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Waiting is good to see which one is the best . Of course depends on budjet too.
For hi end now The Park 2 Vs Skyluxe
For mid end The Havre Vs The Earth Residence coming soon

Which is your choice
Pm me if u are going for The Earth or Park 2
Will share more info with you
SUSMNet
post Sep 10 2016, 11:04 AM

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If u bought now the price is 800k, how much u gonna sell it out after 10 years?
2mil?
ryan@chua
post Sep 10 2016, 11:55 AM

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QUOTE(privilege2u @ Sep 10 2016, 11:28 AM)
Waiting is good to see which one is the best . Of course depends on budjet too.
For hi end now The Park 2 Vs Skyluxe
For mid end The Havre Vs The Earth Residence coming soon

Which is your choice
Pm me if u are going for The Earth or Park 2
Will share more info with you
*
You put skyluxe and the park2 on the same league.
Dont joke lol

Skyluz = rainz the most
privilege2u
post Sep 10 2016, 04:17 PM

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QUOTE(ryan@chua @ Sep 10 2016, 11:55 AM)
You put skyluxe and the park2 on the same league.
Dont joke lol

Skyluz = rainz the most
*
Good example i agreed with u. But same area ma and more over just right beside . Give them some face lor
Kicimiao66cc
post Sep 10 2016, 04:47 PM

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Any agent for park2 can pm me? Thanks
cyrus_evil89
post Sep 10 2016, 10:01 PM

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QUOTE(privilege2u @ Sep 10 2016, 10:28 AM)
Waiting is good to see which one is the best . Of course depends on budjet too.
For hi end now The Park 2 Vs Skyluxe
For mid end The Havre Vs The Earth Residence coming soon

Which is your choice
Pm me if u are going for The Earth or Park 2
Will share more info with you
*
pm park 2 details pls XD thank you
propusers
post Sep 11 2016, 12:04 AM

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unit selection day is queue first come first serve or ballot?

Chris Chew
post Sep 11 2016, 03:44 PM

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QUOTE(ryan@chua @ Sep 10 2016, 11:55 AM)
You put skyluxe and the park2 on the same league.
Dont joke lol

Skyluz = rainz the most
*
Hmm, Skyluxe high density in terms of more units but all small size but Rainz high density in terms of all very huge sizes.

Rainz product really good, good pricing compensated with super low entry and very high density.

Too bad such project located directly next to KR1, ZR, Bkt OUG Condo. Tough view from most of the units.

privilege2u
post Sep 12 2016, 11:37 AM

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Since we are sharing info here, would like to share this plan for your knowledge

If any further needed info you may also visit this site
https://www.facebook.com/MasterPiecePropertiesMalaysia/

For THE PARK 2, more attractive facade and planning is yet to announce

Just stay tune where i will share it here very soon


Attached thumbnail(s)
Attached Image
Babizz
post Sep 12 2016, 12:00 PM

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what suprises me is how the park1 which was sold at REASONABLE prices and park 2 is EVEN MORE reasonable.I wld assume some significant 8-10% UP due to 2nd phase, smaller size,more USP n confirmation on Pavi n finish later but looks like Im wrong.


wl_n
post Sep 12 2016, 12:12 PM

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QUOTE(privilege2u @ Sep 12 2016, 11:37 AM)
Since we are sharing info here, would like to share this plan for your knowledge

If any further needed info you may also visit this site
https://www.facebook.com/MasterPiecePropertiesMalaysia/

For THE PARK 2, more attractive facade and planning is yet to announce

Just stay tune where i will share it here very soon
*
park 1 and park 2 located same location?
wl_n
post Sep 12 2016, 12:15 PM

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QUOTE(CORBUSIER @ Sep 9 2016, 01:26 PM)
how to wait?? upcoming there will be more attractive projecs/ development at bj esp. near the LRT side..hehe

stay tuned...it could better than park 2...pricing, design, and location..
*
locaion wise, pavilion is the best in BJ. you may have better price but not location or surrounding.
privilege2u
post Sep 12 2016, 12:26 PM

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Pavilion still will consider to let the investor to have some gains compare to others which only like to benchmark each other.


ryan@chua
post Sep 12 2016, 12:53 PM

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QUOTE(privilege2u @ Sep 12 2016, 01:26 PM)
Pavilion still will consider to let the investor to have some gains compare to others which only like to benchmark each other.
*
Skylussss price at same league with Park 2.

Will Park 2 also follow the same provide "1st class" johnson suisssss sanitary wares as well and covered by some "excellent" ID design on outloooks/facade...

Mind to share more details on what types of floor tiling, kitchen cabinet, etc...

Bliv that Malton will study properly and undertand what is the market needs, and what kinds of things should provided with that pricing. ^^
privilege2u
post Sep 12 2016, 03:48 PM

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QUOTE(ryan@chua @ Sep 12 2016, 12:53 PM)
Skylussss price at same league with Park 2.

Will Park 2 also follow the same provide "1st class" johnson suisssss sanitary wares as well and covered by some "excellent" ID design on outloooks/facade... 

Mind to share more details on what types of floor tiling, kitchen cabinet, etc...

Bliv that Malton will study properly and undertand what is the market needs,  and what kinds of things should provided with that pricing.  ^^
*
Hi Ryan, good question on all your spec concern. I will get you all those details and send to you soon.

Meantime, Malton have studied well on their compertitor and is now fine tuning their id and product qualities to make sure it will be one class higher.


ryan@chua
post Sep 12 2016, 04:32 PM

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QUOTE(privilege2u @ Sep 12 2016, 04:48 PM)
Hi Ryan, good question on all your spec concern. I will get you all those details and send to you soon.

Meantime, Malton have studied well on their compertitor and is now fine tuning their id and product qualities to make sure it will be one class higher.
*
No no no. Please dont only 1 class higher . Johnson suisessss is the lowest class and Malton only provide 1class higher...please check with architect properly, they should know what brand is that. Haha
Methone
post Sep 12 2016, 10:24 PM

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Any buyers who's interested to get more details for park 2 can PM biggrin.gif
terrykow
post Sep 15 2016, 03:41 PM

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Park 2 is a fairly good choice for investment. Link bridge to pv2 and facade is better than park 1.
12321
post Sep 15 2016, 05:30 PM

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QUOTE(terrykow @ Sep 15 2016, 03:41 PM)
Park 2 is a fairly good choice for investment. Link bridge to pv2 and facade is better than park 1.
*
how much rental do you think park 2 can fetch let's say smallest unit 750sf? hmm.gif
terrykow
post Sep 15 2016, 09:51 PM

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QUOTE(12321 @ Sep 15 2016, 05:30 PM)
how much rental do you think park 2 can fetch let's say smallest unit 750sf? hmm.gif
*
If based on current market, 750sf unit, lucky one can get 1800 to 2k perhaps. There will be alot of choices above 2k for tenants. Besides, have to compete with park1, skyluxe, twin arkz and link2. Hopefully few yrs later, rental yield can improve.
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post Sep 16 2016, 11:15 AM

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PM pls
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post Sep 16 2016, 12:05 PM

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Wau! MRT is reaching TPM which is just 600m away from Pavilion Bukit Jalil City

PM launches RM32b second MRT line to turn Klang Valley into world
class city | Malaysia | Mobile | Malay Mail Online


http://m.themalaymailonline.com/malaysia/a...world-class-cit

For more info can also look into this
https://www.facebook.com/MasterPiecePropertiesMalaysia/
terrykow
post Sep 16 2016, 12:15 PM

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QUOTE(privilege2u @ Sep 16 2016, 12:05 PM)
Wau! MRT is reaching TPM which is just 600m away from Pavilion Bukit Jalil City

PM launches RM32b second MRT line to turn Klang Valley into world
class city | Malaysia | Mobile | Malay Mail Online
http://m.themalaymailonline.com/malaysia/a...world-class-cit

For more info can also look into this
https://www.facebook.com/MasterPiecePropertiesMalaysia/
*
Good news to Bukit jalil.
DS4
post Sep 16 2016, 12:27 PM

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QUOTE(privilege2u @ Sep 16 2016, 12:05 PM)
Wau! MRT is reaching TPM which is just 600m away from Pavilion Bukit Jalil City

PM launches RM32b second MRT line to turn Klang Valley into world
class city | Malaysia | Mobile | Malay Mail Online
http://m.themalaymailonline.com/malaysia/a...world-class-cit

For more info can also look into this
https://www.facebook.com/MasterPiecePropertiesMalaysia/
*
Guarantee next year will be Election Year.
So many Mega Infrastructure project launch even in Sarawak.
Is the time to get all these mega players to commit on election fund.

terrykow
post Sep 18 2016, 10:47 AM

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How many units per floor for park 2?
ryan@chua
post Sep 18 2016, 11:05 AM

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How many lifts serving per floor ?? Usually 3 or 4 lifts for surrounding development , hopefully can have more lifts the park 2 which consider as most premium in bk jalil.
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post Sep 18 2016, 11:10 AM

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QUOTE(ryan@chua @ Sep 18 2016, 11:05 AM)
How many lifts serving per floor ?? Usually 3 or 4 lifts for surrounding development , hopefully can have more lifts the park 2 which consider as most premium in bk jalil.
*
8 lifts
DS4
post Sep 18 2016, 01:29 PM

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QUOTE(accetera @ Sep 18 2016, 11:10 AM)
8 lifts
*
If 8lift will be super premium to serve not more than 12units per floor..
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post Sep 18 2016, 01:37 PM

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QUOTE(accetera @ Sep 17 2016, 09:10 PM)
8 lifts
*
So its 12 units per floor served by 8 lifts across 2 towers?? Much btr than pavi dsara!

This post has been edited by Babizz: Sep 18 2016, 01:38 PM
ryan@chua
post Sep 18 2016, 01:44 PM

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Mayb 8 lift for 8units tower 2
I heard tower 1 is 10units served by 9pas lifts plus 1 service lift
Super premium like that



terrykow
post Sep 18 2016, 05:04 PM

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QUOTE(KLProperty @ Sep 18 2016, 03:45 PM)
Tks Ryan for sharing.

Park 2
Tower 1:
8 Passenger lift + 1 service lift
10 Units per floor.
2 Units dual-key with Balcony facing Bukit Jalil Park
2 Units dual key without balcony facing pavilion Mall.
6 unit of 750 sqf (1+1 room)

Tower 2 is ...
*
8 lifts per tower is very nice. Good one.
DS4
post Sep 18 2016, 05:15 PM

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QUOTE(KLProperty @ Sep 18 2016, 03:45 PM)
Tks Ryan for sharing.

Park 2
Tower 1:
8 Passenger lift + 1 service lift
10 Units per floor.
2 Units dual-key with Balcony facing Bukit Jalil Park
2 Units dual key without balcony facing pavilion Mall.
6 unit of 750 sqf (1+1 room)

Tower 2 is ...
*
Look like very well design.
Anyone got the indicative psf??? icon_rolleyes.gif

terrykow
post Sep 18 2016, 10:31 PM

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QUOTE(AffordableLuxury @ Sep 18 2016, 10:11 PM)
Averagely RM850 psf. Final Price shall be reveal soon!
*
Premium condo in KL only 850psf is considered very good price. Shouldn't miss the chance!
terrykow
post Sep 23 2016, 12:39 PM

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This is a booming project, no doubt. However, after getting info from SA, I would like to bring up few points, firstly, for unit 950sqf is only given one carpark that would be inconvenience for a family now, which at least got 2 cars. Secondly, the park views only given to bigger unit. Any comments?
maxxng12
post Sep 23 2016, 12:57 PM

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my 2cent worth. Newbies. Just sharing own thought
1. Project developer is branded/marketed with MALTON / Pavillion. Of course able to gather certain fans crowd.
2. Park 1 and Park 2- total up almost 1700unit plus (excluding the surrounding)
3. Bukit Jalil condo development plus surrounding- easily 5000-8000 poured into market in next 3 years.
4. Market is not sustainable in today Malaysia market. Thanks to the 1st couple.
5. Everyone is aim for flipping or appreciation of the property, buying at future price. But even u sell out after completed/waiting to fully occupied, u are still serve the bank interest, serve the bank, serve the gomen, u have no real earning, only physically paper gain and number.
6. Genuine owner for own stay only 20-30%, I believe.
7. Others all so-called labeled themselves as flipper/investor/higher income group earner, feel proud of themselves when they holding the so-called luxury condo, feel themselves as rich man.
8. with today market and possible sluggish economy in next 2-3 years as predicted, when u got the product ready and every month u have to pay for installment, maintenance fee, bank interest etc etc, and when the property eating into your disposable income and wallet starting to shrink, see whether you feel rich bo...by that time.
9. Of cos everyone also feel that their income will increase with year, 3 years later should be able to match, but is it so easy for salary increment every year? if everyone increase the income, who make the loss then?
10. even if own stay, young couple still OKAY lar...but 800-900sf...with the price tag, gosh...with 1 carpark...haha
If get the larger unit...1.3m price tag, walao...I prefer to stay landed lar (own opinion of cos)

hehe, own opinion lar..thanks for the read up


ryan@chua
post Sep 23 2016, 02:09 PM

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QUOTE(maxxng12 @ Sep 23 2016, 01:57 PM)
my 2cent worth. Newbies. Just sharing own thought
1. Project developer is branded/marketed with MALTON / Pavillion. Of course able to gather certain fans crowd.
2. Park 1 and Park 2- total up almost 1700unit plus (excluding the surrounding)
3. Bukit Jalil condo development plus surrounding- easily 5000-8000 poured into market in next 3 years.
4. Market is not sustainable in today Malaysia market. Thanks to the 1st couple.
5. Everyone is aim for flipping or appreciation of the property, buying at future price. But even u sell out after completed/waiting to fully occupied, u are still serve the bank interest, serve the bank, serve the gomen, u have no real earning, only physically paper gain and number.
6. Genuine owner for own stay only 20-30%, I believe.
7. Others all so-called labeled themselves as flipper/investor/higher income group earner, feel proud of themselves when they holding the so-called luxury condo, feel themselves as rich man.
8. with today market and possible sluggish economy in next 2-3 years as predicted, when u got the product ready and every month u have to pay for installment, maintenance fee, bank interest etc etc, and when the property eating into your disposable income and wallet starting to shrink, see whether you feel rich bo...by that time.
9. Of cos everyone also feel that their income will increase with year, 3 years later should be able to match, but is it so easy for salary increment every year? if everyone increase the income, who make the loss then?
10. even if own stay, young couple still OKAY lar...but 800-900sf...with the price tag, gosh...with 1 carpark...haha
If get the larger unit...1.3m price tag, walao...I prefer to stay landed lar (own opinion of cos)

hehe, own opinion lar..thanks for the read up
*
Agreed . So meaning the whole property market not doable. Please fck those agents, agencies, whoever promoting marketing property . Thanks boss


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post Sep 23 2016, 02:09 PM

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Probably the most premium condo in Bukit Jalil now is KM1 and The Treez and quick search on Theedge has revealed rental rate is approximately RM2psf. which mean fully furnished 1450sqft is about RM2900 permonth.

Condos in park residences should be commanding premium and assuming 50% premium rate for fully furnished unit, You are getting RM3psf rate which turn out to be less than 5% gross yield.

As investors you have to judge whether 1. Park Residences is able to command such premium against KM1 and 2. whether the gross yield is attractive with 4 years waiting period

My 2 cents.
terrykow
post Sep 23 2016, 02:25 PM

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QUOTE(maxxng12 @ Sep 23 2016, 12:57 PM)
my 2cent worth. Newbies. Just sharing own thought
1. Project developer is branded/marketed with MALTON / Pavillion. Of course able to gather certain fans crowd.
2. Park 1 and Park 2- total up almost 1700unit plus (excluding the surrounding)
3. Bukit Jalil condo development plus surrounding- easily 5000-8000 poured into market in next 3 years.
4. Market is not sustainable in today Malaysia market. Thanks to the 1st couple.
5. Everyone is aim for flipping or appreciation of the property, buying at future price. But even u sell out after completed/waiting to fully occupied, u are still serve the bank interest, serve the bank, serve the gomen, u have no real earning, only physically paper gain and number.
6. Genuine owner for own stay only 20-30%, I believe.
7. Others all so-called labeled themselves as flipper/investor/higher income group earner, feel proud of themselves when they holding the so-called luxury condo, feel themselves as rich man.
8. with today market and possible sluggish economy in next 2-3 years as predicted, when u got the product ready and every month u have to pay for installment, maintenance fee, bank interest etc etc, and when the property eating into your disposable income and wallet starting to shrink, see whether you feel rich bo...by that time.
9. Of cos everyone also feel that their income will increase with year, 3 years later should be able to match, but is it so easy for salary increment every year? if everyone increase the income, who make the loss then?
10. even if own stay, young couple still OKAY lar...but 800-900sf...with the price tag, gosh...with 1 carpark...haha
If get the larger unit...1.3m price tag, walao...I prefer to stay landed lar (own opinion of cos)

hehe, own opinion lar..thanks for the read up
*
Mostly agreed with you. According to The sales team, pv2 is focusing on expats. Predicted to have a lots of foreigners to come as a million ringgit property to them is just few hundreds dollars. My question is: how many expat will really wanted to stay in pv2, despite the jam, bj dun even have a international school nearby.
gks
post Sep 23 2016, 02:34 PM

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QUOTE(terrykow @ Sep 23 2016, 02:25 PM)
Mostly agreed with you. According to The sales team, pv2 is focusing on expats. Predicted to have a lots of foreigners to come as a million ringgit property to them is just few hundreds dollars. My question is: how many expat will really wanted to stay in pv2, despite the jam, bj dun even have a international school nearby.
*
Bukit jalil now already have few luxury condos with golf frontage. What is market research from the sales team illustrate expats concentration in BJ?
dz91
post Sep 23 2016, 03:13 PM

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QUOTE(terrykow @ Sep 23 2016, 02:25 PM)
Mostly agreed with you. According to The sales team, pv2 is focusing on expats. Predicted to have a lots of foreigners to come as a million ringgit property to them is just few hundreds dollars. My question is: how many expat will really wanted to stay in pv2, despite the jam, bj dun even have a international school nearby.
*
for now yes BJ got no international school nearby
But Tzu Chi got 1 big land near lai meng and they are planning to built Tzu Chi international school there
and dont forget MRCB bukit jalil garden city and TPU APM are all planning to expand and built more internation school
Dont forget there is IMU who provide almost all medical field courses and quite a number of foreginer are study there also
for what i feel BJ are lacking Hospital , especially private hospital
TSaccetera
post Sep 23 2016, 03:53 PM

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Most new project completion rental yield is about 3% to 4% considered good already.


dz91
post Sep 23 2016, 04:50 PM

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QUOTE(accetera @ Sep 23 2016, 03:53 PM)
Most new project completion rental yield is about 3% to 4% considered good already.
*
3-4% yield not even enough to cover house loan 4.4%
haven included all the maintainence fees , insurance , tax ... etc hmm.gif
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post Sep 23 2016, 04:52 PM

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QUOTE(dz91 @ Sep 23 2016, 03:13 PM)
for now yes BJ got no international school nearby
But Tzu Chi got 1 big land near lai meng and they are planning to built Tzu Chi international school there
and dont forget MRCB bukit jalil garden city and TPU APM are all planning to expand and built more internation school
Dont forget there is IMU who provide almost all medical field courses and quite a number of foreginer are study there also
for what i feel BJ are lacking Hospital , especially private hospital
*
can go Columbia Hospital at Bandar Puteri, Sunway Hospital or Serdang Hospital...quiet near only...
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post Sep 23 2016, 04:57 PM

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QUOTE(accetera @ Sep 23 2016, 03:53 PM)
Most new project completion rental yield is about 3% to 4% considered good already.
*
You mean 3-4% gross rental yield for primary market is good from developer and REA perspective?
TSaccetera
post Sep 23 2016, 05:27 PM

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This is the market reality. Most new completions, rentals cannot cover loan entirely.

Nowadays, buyers/tenants will choose and they have the say of what rates they want. Accept or not, it's up to us.

This post has been edited by accetera: Sep 23 2016, 05:30 PM
ryan@chua
post Sep 23 2016, 06:16 PM

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Since last few year so many taikors already mentioned bk jalil all development not doable in investment, low roi, only for own stay.
No matter skylaosai
The parksai residence
Rainzsai
LinzSai
Till tday still repeating the same story . Lol
Seanking
post Sep 23 2016, 07:33 PM

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This project same concept as MV - mixed of shopping center, office, etc. I still believe it have investor, tenant, etc.
propertybbb
post Sep 23 2016, 11:42 PM

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QUOTE(accetera @ Sep 23 2016, 04:53 PM)
Most new project completion rental yield is about 3% to 4% considered good already.
*
Considered good? Bad is bad la. 3-4pc is not good and it is bad but market reality is there for us to decide. RE agents dont low ball us always. RE has role to play too to help the market....not always say bad bad bad...n keep low balling even tenant didnt say a thing but immediate RE agents ll tell them low price n squizzzz owners.
TSaccetera
post Sep 24 2016, 12:08 AM

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QUOTE(propertybbb @ Sep 23 2016, 11:42 PM)
Considered good? Bad is bad la. 3-4pc is not good and it is bad but market reality is there for us to decide. RE agents dont low ball us always. RE has role to play too to help the market....not always say bad bad bad...n keep low balling even tenant didnt say a thing but immediate RE agents ll tell them low price n squizzzz owners.
*
I'm saying 3% to 4% is Considered good already at today's market. If you compare to the majority of getting less than 4% today. If any readers who doesn't understand the concept of "relativity", please let me know for me to explain clearer.

I tracked more than 1,000 new property launches in KV with data for the last 5 years or so. Btw I'm an accountant and a property investor myself.

Now investors always think 4% to 5% is the benchmark. But let's be honest. The minute your rental cannot cover your instalment (loan of 4.4++%), then you know you are already not getting that level of returns. Simple as that.



This post has been edited by accetera: Sep 24 2016, 12:21 AM
ryan@chua
post Sep 24 2016, 12:47 AM

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QUOTE(propertybbb @ Sep 24 2016, 12:42 AM)
Considered good? Bad is bad la. 3-4pc is not good and it is bad but market reality is there for us to decide. RE agents dont low ball us always. RE has role to play too to help the market....not always say bad bad bad...n keep low balling even tenant didnt say a thing but immediate RE agents ll tell them low price n squizzzz owners.
*
Lol. U burn ur hand is it ? wink.gif
DS4
post Sep 24 2016, 07:39 AM

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QUOTE(accetera @ Sep 24 2016, 12:08 AM)
I'm saying 3% to 4% is Considered good already at today's market. If you compare to the majority of getting less than 4% today. If any readers who doesn't understand the concept of "relativity", please let me know for me to explain clearer.

I tracked more than 1,000 new property launches in KV with data for the last 5 years or so.  Btw I'm an accountant and a property investor myself.

Now investors always think 4% to 5% is the benchmark. But let's be honest. The minute your rental cannot cover your instalment (loan of 4.4++%), then you know you are already not getting that level of returns. Simple as that.
*
By the way, when we all mentioned about 3-4% of rental yield,
It would be more accurate if we r to refer to latest market value of the property,
Not the purchase price.

For example,

10years ago I brought Apartment in Bkt Jalil for RM150k.
Rental rate during 2006 is RM800/month
Therefore, I enjoyed a rental yield of 7.2% as at Year 2006

Today this apartment is valued at RM400k,
Rental rate is RM1,200/month
The rental yield has been dropped to 3.6% as at today.

From both the above rental yield and return,
We can actually draw some conclusion as below

1) The rental rate has not been increase much (800-1200) for the pass ten years taking into consideration of inflation and time value for money.

2) The capital appreciation for Bkt Jalil apartment is increasing with the pace which is faster than rental yield.
It shown the oversupply situation is getting nearer with lesser demand for rent.

3) The increased in capital appreciation may also indicate increase in demand but more for occupier because the increase in rental yield pace is slow.

But if you plot a graph to compare both variable, you will realise that the oversupply situation is getting nearer due to the capital appreciation is starting to getting slow and constant (also due to 10years apartment).

In overall, I would still keep this property even the capital appreciation and rental yield is getting lower, increase in much slower pace for the following reason:-

1) The upcoming malls will at least keep the "minimum rental rate" been constant for rent to mall workers.
2) The increase in surrounding new property density will keep the capital value of my property when come to a stage of full and or saturated supply situation.
3) Of course, low entry cost (10years ago) and low maintenance fees which relief the pressure for holding....

ryan@chua
post Sep 24 2016, 08:43 AM

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And overall malaysian income not increase alot or too slow.

Over last 10yrs China infrastruture and property develop rapidly but their fundamental elements also develop very well.

Fundamental of a country come from education, and science and technology. But look at Malaysia... hopeless
bigman
post Sep 24 2016, 08:48 AM

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QUOTE(ryan@chua @ Sep 24 2016, 08:43 AM)
And overall malaysian income not increase alot or too slow. 

Over last 10yrs China infrastruture and property develop rapidly but their fundamental elements also develop very well.

Fundamental of a country come from education, and science and technology. But look at Malaysia... hopeless
*
Until now, Malaysia still talking about unity among races.... u Cina, I Malay..dia India....
is really sad... doh.gif
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post Sep 24 2016, 09:41 AM

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QUOTE(DS4 @ Sep 24 2016, 07:39 AM)
By the way, when we all mentioned about 3-4% of rental yield,
It would be more accurate if we r to refer to latest market value of the property,
Not the purchase price.

For example,

10years ago I brought Apartment in Bkt Jalil for RM150k.
Rental rate during 2006 is RM800/month
Therefore, I enjoyed a rental yield of 7.2% as at Year 2006

Today this apartment is valued at RM400k,
Rental rate is RM1,200/month
The rental yield has been dropped to 3.6% as at today.

From both the above rental yield and return,
We can actually draw some conclusion as below

1) The rental rate has not been increase much (800-1200) for the pass ten years taking into consideration of inflation and time value for money.

2) The capital appreciation for Bkt Jalil apartment is increasing with the pace which is faster than rental yield.
It shown the oversupply situation is getting nearer with lesser demand for rent.

3) The increased in capital appreciation may also indicate increase in demand but more for occupier because the increase in rental yield pace is slow.

But if you plot a graph to compare both variable, you will realise that the oversupply situation is getting nearer due to the capital appreciation is starting to getting slow and constant (also due to 10years apartment).

In overall, I would still keep this property even the capital appreciation and rental yield is getting lower, increase in much slower pace for the following reason:-

1) The upcoming malls will at least keep the "minimum rental rate" been constant for rent to mall workers.
2) The increase in surrounding new property density will keep the capital value of my property when come to a stage of full and or saturated supply situation.
3) Of course, low entry cost (10years ago) and low maintenance fees which relief the pressure for holding....
*
Thanks for writing in full here rclxms.gif
Asali
post Sep 24 2016, 10:56 AM

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QUOTE(DS4 @ Sep 24 2016, 07:39 AM)
By the way, when we all mentioned about 3-4% of rental yield,
It would be more accurate if we r to refer to latest market value of the property,
Not the purchase price.

For example,

10years ago I brought Apartment in Bkt Jalil for RM150k.
Rental rate during 2006 is RM800/month
Therefore, I enjoyed a rental yield of 7.2% as at Year 2006

Today this apartment is valued at RM400k,
Rental rate is RM1,200/month
The rental yield has been dropped to 3.6% as at today.

From both the above rental yield and return,
We can actually draw some conclusion as below

1) The rental rate has not been increase much (800-1200) for the pass ten years taking into consideration of inflation and time value for money.

2) The capital appreciation for Bkt Jalil apartment is increasing with the pace which is faster than rental yield.
It shown the oversupply situation is getting nearer with lesser demand for rent.

3) The increased in capital appreciation may also indicate increase in demand but more for occupier because the increase in rental yield pace is slow.

But if you plot a graph to compare both variable, you will realise that the oversupply situation is getting nearer due to the capital appreciation is starting to getting slow and constant (also due to 10years apartment).

In overall, I would still keep this property even the capital appreciation and rental yield is getting lower, increase in much slower pace for the following reason:-

1) The upcoming malls will at least keep the "minimum rental rate" been constant for rent to mall workers.
2) The increase in surrounding new property density will keep the capital value of my property when come to a stage of full and or saturated supply situation.
3) Of course, low entry cost (10years ago) and low maintenance fees which relief the pressure for holding....
*
Looks like arena green. Agree on positive points what has been well described but some issues must be addressed in tis Aprt.
DS4
post Sep 24 2016, 11:54 AM

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QUOTE(Asali @ Sep 24 2016, 10:56 AM)
Looks like arena green. Agree on positive points what has been well described but some issues must be addressed in tis Aprt.
*
Bingo, but sadly, I didn't sell and buy and flip....

Otherwise, now would have more cash in hand, or otherwise, higher committed loan to serve...

maxxng12
post Sep 24 2016, 12:22 PM

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with today so-called normal expectation of 3-4% rental yield in most of the projects, why don't considered to park your cash money in the FD instead? stably 4% annually...
and no need to deal with the hassle of the renting issue and the tenant problem, when oversupply, each people will undercut each other and war price start to come in, easily can observe from the pricing trend of twin arks...


DS4
post Sep 24 2016, 12:40 PM

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QUOTE(maxxng12 @ Sep 24 2016, 12:22 PM)
with today so-called normal expectation of 3-4% rental yield in most of the projects, why don't considered to park your cash money in the FD instead? stably 4% annually...
and no need to deal with the hassle of the renting issue and the tenant problem, when oversupply, each people will undercut each other and war price start to come in, easily can observe from the pricing trend of twin arks...
*
Yes. You are right if we only looking at rental yield and directly converted into Investment yield (fix deposit),

Also, 3-4% rental yield return is accurate if you buying the entire property by CASH MONEY (free to serve bank borrowing interest) and also assuming zero expenses such like maintenance cost.

But anyhow, I believe those invested in property also looking at Capital application despite rental yield return.

Malaysia house price index is 6~7% increased average for the past 10years records. This may sufficiently offset the borrowing interest serve as this is calculated by compounded basis....

terrykow
post Sep 24 2016, 01:18 PM

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Based on the developer profile, famous malton track record, this project is still a reasonable good buy for investment but is a big NO for ownstay, especially for small unit.
DS4
post Sep 24 2016, 02:09 PM

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QUOTE(terrykow @ Sep 24 2016, 01:18 PM)
Based on the developer profile, famous malton track record, this project is still a reasonable good buy for investment but is a big NO for ownstay, especially for small unit.
*
Depending on our individual financial capability and flexibility,

Investing in.property is also the wise choice and more stable (not very high return) in compare to stock market, currency...

limwc78
post Sep 24 2016, 02:19 PM

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Investing property and putting in FD difference.

For example RM 500,000 property, you only need to invest 10% -30% , around RM 50,000 to RM 150,000 then you can get 3-4% rental return.

If FD you need RM 500,000 cash then only to get the 3% - 4% interest rate return.
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post Sep 24 2016, 03:27 PM

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QUOTE(limwc78 @ Sep 24 2016, 02:19 PM)
Investing property and putting in FD difference.

For example RM 500,000 property, you only need to invest 10% -30% , around RM 50,000 to RM 150,000 then you can get 3-4% rental return.

If FD you need RM 500,000 cash then only to get the 3% - 4% interest rate return.
*
u r mistake....if u have a loan with bank...u need to repay interest to bank...all ur rental u get need to pay back to bank....unless...u buy with cash
BEANCOUNTER
post Sep 24 2016, 03:44 PM

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cash also has its opportunity cost and benefit de.....

when calculating rental yields, shouldn't be looking bulat bulat at loan repayment and its interest cost only......

for cf maybe its correct...but to calculate rental yields its wrong.
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QUOTE(DS4 @ Sep 24 2016, 01:40 PM)
Yes. You are right if we only looking at rental yield and directly converted into Investment yield (fix deposit),

Also, 3-4% rental yield return is accurate if you buying the entire property by CASH MONEY  (free to serve bank borrowing interest) and also assuming zero expenses such like maintenance cost.

But anyhow, I believe those invested in property also looking at Capital application despite rental yield return.

Malaysia house price index is 6~7% increased average for the past 10years records. This may sufficiently offset the borrowing interest serve as this is calculated by compounded basis....
*
Ya. Because of inflation which is out of Malaysia gov control. Corrupted racist Malaysia gov only can affect the malaysian income increase slowly but appreciation of property due to inflation and ringgit malaysia depreciation definitely caused the property prices seems higher and higher in malaysia.

Lost decade of Malaysia already started.

ryan@chua
post Sep 24 2016, 04:05 PM

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Last year, Many big boss, datukdatin, company director, GM bought the Park Sky for their children and look for own stay after retired. With its good residential background Should be not bad for own stay. your children can grow up together with those datuk datin children. Lol. it will be an intergrated development comprising of hotel, office, resi, shopping mall, banking and many just like mid valley concept.

I feel this pavillion mall very hard to fail with its surrounding few ten thousands high rise development. Imagine 1 people spend 1 dollar in Pavillion 2 ... you can know why many taikors mentioned commercial very doable in bk jalil and shoplots sapu very fast bbb. Lol

But for investment of resi, haha..... make sure you hold more than 10years. Dont trust any agents saying this project good that project bad... this one high density that low density bla bla bla... no matter skyluxe , linkz, all in bk jalil will get the same effects facing oversupply, and too many rumawip prima, traffic sure very jam like mid valley . If you dont mind jam in traffic after works then buy bk jalil for own stay.

This post has been edited by ryan@chua: Sep 24 2016, 04:07 PM
DS4
post Sep 24 2016, 04:27 PM

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QUOTE(ryan@chua @ Sep 24 2016, 03:44 PM)
Ya. Because of inflation which is out of Malaysia gov control. Corrupted racist Malaysia gov only can affect the malaysian income increase slowly but appreciation of property due to inflation and ringgit malaysia depreciation definitely caused the property prices seems higher and higher in malaysia.

Lost decade of Malaysia already started.
*
When I was in primary school,
Primary school teacher afford to buy Honda Accord to work.
Now, primary school teacher can only afford local car and probably Korean car...
In fact, is not because car price is increase (yes, increase in value but due to inflation).
It's because our malaysia ringgit dropping and directly affected our wages.
Honda Accord price increase in line with Global inflationary standard.
Our salary rate is increase in a very slower pace and worst still RM depreciated.

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post Sep 24 2016, 06:57 PM

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QUOTE(limwc78 @ Sep 24 2016, 02:19 PM)
Investing property and putting in FD difference.

For example RM 500,000 property, you only need to invest 10% -30% , around RM 50,000 to RM 150,000 then you can get 3-4% rental return.

If FD you need RM 500,000 cash then only to get the 3% - 4% interest rate return.
*
never see such a "funny" comment
u make my day bro ... LOL


some 1 thought he borrow money from bank doesn't need to pay the interest ..... hmm.gif
BEANCOUNTER
post Sep 24 2016, 07:03 PM

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QUOTE(limwc78 @ Sep 24 2016, 02:19 PM)
Investing property and putting in FD difference.

For example RM 500,000 property, you only need to invest 10% -30% , around RM 50,000 to RM 150,000 then you can get 3-4% rental return.

If FD you need RM 500,000 cash then only to get the 3% - 4% interest rate return.
*
I know what u tried to illustrate but if yield is 3-4%...this us below bank interest rate...meaning u make nothing out of remtal....plus u need to foot up reno maintenance insurance and perhaps mot and etc....

And hope that capital appreciation will cover your cost later...
ryan@chua
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Dont hope for investment lar in bk jalil if you not enter market here before 2013. All the property selling prices here hardly give you net profits.

Any agents tell you can gain net profits within 5yrs, go fck them gao gao. Ask them show you in mathematic, statistic proof.

Buy mont kiara will be better if you really look for investment.

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post Sep 24 2016, 07:24 PM

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Everybody so gangho with pav2 which still havent laid a brick yet.

Buy on rumours
Sell on fact...
propertybbb
post Sep 24 2016, 08:05 PM

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Damen will be the good gauge on how Pavi 2 mall in BJ
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post Sep 24 2016, 08:20 PM

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In our kinda competitive retail biz, size of mall matters alot. Needless to say, Pavilion Bukit Jalil, often known as Pavilion 2, will be a very big one and with many thousand carpark bays (can't disclose the amount).

Pavilion Bukit Jalil will be a very different mall compared to the rest of malls that is operated by them currently and in the market today.

The frequent upgrade in design of the mall tells you that the developer/owner group is constantly wanting the best of trends and design for the mall. In case readers didn't know, the mall has its own retail architect - designed by Westfield-hired Leonard Design based in the UK.

Several renderings of The Park 2 showed that a portion of the development would face the very happening outdoor plaza outside the mall. Now this is gonna be a game changer in terms of vibrancy and how they designed the waterscapes that lined the terraces of F&B cabanas and decks.

Pavilion Bukit Jalil is often compared to Pavilion KL, but in reality, it's a different target market. Here we are facing 99% local population and the mass markets. However, if you study Pavilion KL, only a section/row of the malls are dotted with designer brands. Majority of its tenant mix are appealing to locals as well as foreign tourists. And majority of those tenants are already present in suburban malls like Sunway Pyramid and 1 Utama, which does include the potential of Pavilion Bukit Jalil hosting them in the future.


ryan@chua
post Sep 24 2016, 08:33 PM

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If look for investment . Avoid any projects in bk jalil.
Dont listen to agents
Except own stay.
propertybbb
post Sep 24 2016, 09:08 PM

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QUOTE(accetera @ Sep 24 2016, 09:20 PM)
In our kinda competitive retail biz, size of mall matters alot. Needless to say, Pavilion Bukit Jalil, often known as Pavilion 2, will be a very big one and with many thousand carpark bays (can't disclose the amount).

Pavilion Bukit Jalil will be a very different mall compared to the rest of malls that is operated by them currently and in the market today.

The frequent upgrade in design of the mall tells you that the developer/owner group is constantly wanting the best of trends and design for the mall. In case readers didn't know, the mall has its own retail architect - designed by Westfield-hired Leonard Design based in the UK.

Several renderings of The Park 2 showed that a portion of the development would face the very happening outdoor plaza outside the mall. Now this is gonna be a game changer in terms of vibrancy and how they designed the waterscapes that lined the terraces of F&B cabanas and decks.

Pavilion Bukit Jalil is often compared to Pavilion KL, but in reality, it's a different target market. Here we are facing 99% local population and the mass markets. However, if you study Pavilion KL, only a section/row of the malls are dotted with designer brands. Majority of its tenant mix are appealing to locals as well as foreign tourists. And majority of those tenants are already present in suburban malls like Sunway Pyramid and 1 Utama, which does include the potential of Pavilion Bukit Jalil hosting them in the future.
*
Pavi 2 will be just like Damen in usj which run by pavi

This post has been edited by propertybbb: Sep 24 2016, 09:11 PM
HELLO HELLO
post Sep 24 2016, 09:31 PM

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Big size mall matter? Pandai Bullshit. Try to push sale and trap more pipu? Many mid/ small size mall doing very well. Even the small/medium mall close to big mega mall... Their biz also unaffected. Some even don't have cinema but still doing very well.

U think pavilion kl doing well? I tell you now many big size mall trying hard to keep their tenants. Even hot and famous big size mall facing the jialat same problem now.

Funny fact is many doing well small and medium size malls are sibeh steady. Tenants are sibeh happy to keep renting.

This post has been edited by HELLO HELLO: Sep 24 2016, 09:47 PM
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post Sep 24 2016, 09:55 PM

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QUOTE(HELLO HELLO @ Sep 24 2016, 09:31 PM)
Big size mall matter? Pandai Bullshit. Try to push sale and trap more pipu? Many mid/ small size mall doing very well. Even the small/medium mall close to big mega mall... Their biz also unaffected. Some even don't have cinema but still doing very well.

U think pavilion kl doing well? I tell you now many big size mall trying hard to keep their tenants. Even hot and famous big size mall facing the jialat same problem now.

Funny fact is many doing well small and medium size malls are sibeh steady. Tenants are sibeh happy to keep renting.
*
Yes, just take a look at midvalley,
last time during weekend its crowded, but nowadays its less ppl.
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post Sep 24 2016, 11:00 PM

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QUOTE(ryan@chua @ Sep 24 2016, 08:33 PM)
If look for investment . Avoid any projects in bk jalil.
Dont listen to agents
Except own stay.
*
icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif
TSaccetera
post Sep 24 2016, 11:04 PM

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QUOTE(HELLO HELLO @ Sep 24 2016, 09:31 PM)
Big size mall matter? Pandai Bullshit. Try to push sale and trap more pipu? Many mid/ small size mall doing very well. Even the small/medium mall close to big mega mall... Their biz also unaffected. Some even don't have cinema but still doing very well.

U think pavilion kl doing well? I tell you now many big size mall trying hard to keep their tenants. Even hot and famous big size mall facing the jialat same problem now.

Funny fact is many doing well small and medium size malls are sibeh steady. Tenants are sibeh happy to keep renting.
*
There are two sides of a coin when talking about retail industry today. There are no clear conclusion as the facts may vary according to circumstances during this challenging times.

First of all, I'm talking in the perspective of a mall operator not a retail shop owner. A mall that generates income growth continuously, example like those in the REITs does not necessarily mean that an individual retail shop tenant they have are doing well.

Yes size is necessary to bring anchor tenants. And at this times, yes, it is not necessary that big malls will mean better (refer to this week's Focus M), but generally this is the rule of thumb for retail consultants advising developers. This is the worst case scenario. Anchor tenants pay the lowest rentals but they are required to bring the traffic footfall, at least this is my opinion.

I worked with some of the biggest names in retail consulting as I was working in a developer. Retail consultants adviced us not to build malls that are too small like less than 300,000 sq ft as we will be neither big or small, and if small, we will not be able to achieve sufficient footfall for tenants and we will not be able to bring anchors (small also means lesser carparks).

Only a very small % of small to mid-sized malls are doing well, at least financially. Bangsar Shopping Centre used to be one of the top performer for neighbourhood mall. Mind you, the shops in Solaris Dutamas are not part of Publika Mall management and in Publika, anchors like BIG contribute almost majority of their income while the rest are not doing really well. Alot of neighbourhood malls like Cheras Leisure Mall and Main Place Mall are heavily dependent on certain F&B tenants and key tenants like their supermarket and they do not necessarily reflect growth in mall operator's' income because some of these tenants rental rates are low to begin with especially supermarket.

In recent times, out of a dozen malls that opened over the last many years, most of them neighbourhood malls, most of them don't do well. One mall that might stand out is probably the best of all of them is IOI City Mall, which is a big mall, not a neighbourhood mall.

Pavilion KL has a net lettable area of 1,335,119 sq ft with a gross floor area of 2,202,557 sq ft, and hence its a mid-sized mall that we have. There is no word that I was saying it was doing well, although on the mall operator level, there is a relatively so-so income growth (read Pav REIT) due to renewals and higher rentals for some tenants. On the individual retail tenant perspective, not all tenants are doing well, and yes there are tenants that have sales crunch during this times.

Some of our big malls do practise accrued rentals... so some tenants have been owing their rental payments for months. Many malls today also do track their tenant's sales performance. But the bottomline is some of our more established, big malls are still able to RAISE rental income especially towards F&B tenants signifying income growth.

For the size that Pavilion BJ has, I think it has great potential and it has a great chance of succeed if you look at their brief. It has large cineplex, a large entertainment feature and large foodcourts and these will drive the traffic of its catchment market Mad.


(The most recent mall leasing event that I attended is EkoCheras Mall. It might look quite promising but I have comments which is another day's topic.)

This post has been edited by accetera: Sep 24 2016, 11:16 PM
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post Sep 24 2016, 11:19 PM

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Currently, Sunway Pyramid, One Utama, Midvalley, KLCC, Pavilion are those top 5 mall in Malaysia with highest PSF on NLA as valued by DTZ Nawawi Malaysia.

From Geographical location analysis, Each and every 5 malls above are strategically located in matured and developed townshipsssss.

To me, it's still too early to comments on the successfulness of PV2 due to surrounding area, so far, has no similar competitor to benchmark.

Eventually, since this mall is located between IOI Puchong and THe Mines.

So, it may gain some advantages if both of these malls are not doing well.
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post Sep 25 2016, 10:51 AM

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QUOTE(accetera @ Sep 24 2016, 11:04 PM)
There are two sides of a coin when talking about retail industry today. There are no clear conclusion as the facts may vary according to circumstances during this challenging times.

First of all, I'm talking in the perspective of a mall operator not a retail shop owner. A mall that generates income growth continuously, example like those in the REITs does not necessarily mean that an individual retail shop tenant they have are doing well.

Yes size is necessary to bring anchor tenants. And at this times, yes, it is not necessary that big malls will mean better (refer to this week's Focus M), but generally this is the rule of thumb for retail consultants advising developers. This is the worst case scenario. Anchor tenants pay the lowest rentals but they are required to bring the traffic footfall, at least this is my opinion.

I worked with some of the biggest names in retail consulting as I was working in a developer. Retail consultants adviced us not to build malls that are too small like less than 300,000 sq ft as we will be neither big or small, and if small, we will not be able to achieve sufficient footfall for tenants and we will not be able to bring anchors (small also means lesser carparks).

Only a very small % of small to mid-sized malls are doing well, at least financially. Bangsar Shopping Centre used to be one of the top performer for neighbourhood mall. Mind you, the shops in Solaris Dutamas are not part of Publika Mall management and in Publika, anchors like BIG contribute almost majority of their income while the rest are not doing really well. Alot of neighbourhood malls like Cheras Leisure Mall and Main Place Mall are heavily dependent on certain F&B tenants and key tenants like their supermarket and they do not necessarily reflect growth in mall operator's' income because some of these tenants rental rates are low to begin with especially supermarket.

In recent times, out of a dozen malls that opened over the last many years, most of them neighbourhood malls, most of them don't do well. One mall that might stand out is probably the best of all of them is IOI City Mall, which is a big mall, not a neighbourhood mall.

Pavilion KL has a net lettable area of 1,335,119 sq ft with a gross floor area of 2,202,557 sq ft, and hence its a mid-sized mall that we have. There is no word that I was saying it was doing well, although on the mall operator level, there is a relatively so-so income growth (read Pav REIT) due to renewals and higher rentals for some tenants. On the individual retail tenant perspective, not all tenants are doing well, and yes there are tenants that have sales crunch during this times.

Some of our big malls do practise accrued rentals... so some tenants have been owing their rental payments for months. Many malls today also do track their tenant's sales performance. But the bottomline is some of our more established, big malls are still able to RAISE rental income especially towards F&B tenants signifying income growth.

For the size that Pavilion BJ has, I think it has great potential and it has a great chance of succeed if you look at their brief. It has large cineplex, a large entertainment feature and large foodcourts and these will drive the traffic of its catchment market Mad.
(The most recent mall leasing event that I attended is EkoCheras Mall. It might look quite promising but I have comments which is another day's topic.)
*
Thanks you for your detailed explanation. Very well professional elaborated. Thanks for enlighten us.



ryan@chua
post Sep 25 2016, 11:13 AM

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QUOTE(HELLO HELLO @ Sep 24 2016, 10:31 PM)
Big size mall matter? Pandai Bullshit. Try to push sale and trap more pipu? Many mid/ small size mall doing very well. Even the small/medium mall close to big mega mall... Their biz also unaffected. Some even don't have cinema but still doing very well.

U think pavilion kl doing well? I tell you now many big size mall trying hard to keep their tenants. Even hot and famous big size mall facing the jialat same problem now.

Funny fact is many doing well small and medium size malls are sibeh steady. Tenants are sibeh happy to keep renting.
*
Once involve own benefits, money, no one can be neutral despite how hard they try to act as profesional or neutral


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post Sep 25 2016, 12:03 PM

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15k fully refund cheque deposit , for mid-Oct unit selection, Nov s&p.

no package info , no show unit yet.

as now less then 100 cheques received.
MonGJiHyo
post Sep 25 2016, 12:15 PM

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QUOTE(propertybbb @ Sep 24 2016, 08:05 PM)
Damen will be the good gauge on how Pavi 2 mall in BJ
*
pasarbealla has been pending for opening for almost 9 months in damen and still NOT open yet.. even weekend crowd does not looks good at all except for LG floor..

and their F88 mall also not doing well as well.. hmm.gif
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post Sep 25 2016, 01:07 PM

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QUOTE(kokkk @ Sep 25 2016, 12:03 PM)
15k fully refund cheque deposit  , for mid-Oct unit selection, Nov s&p.

no package info , no show unit yet.

as now less then 100 cheques received.
*
May I know current selling price psf?

TQ
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post Sep 25 2016, 01:12 PM

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Also interested to kNow.
lowyatan
post Sep 25 2016, 01:16 PM

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Another premium and giant project, damn premium looking and luxury. Only 709 units and 10 Units a floor, wow, such low density for luxury condo! 850 psf to buy a 950sqf unit is luxurious. ONE carpark for 2+1 room, damn luxury, if need another carpark can rent from the mall, everyday just walk back home and pay few hundred extra, besides the cheap Maintenance fee, great! Another great famous developer well taking care of buyers.
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post Sep 25 2016, 04:10 PM

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QUOTE(accetera @ Sep 24 2016, 11:04 PM)
There are two sides of a coin when talking about retail industry today. There are no clear conclusion as the facts may vary according to circumstances during this challenging times.

First of all, I'm talking in the perspective of a mall operator not a retail shop owner. A mall that generates income growth continuously, example like those in the REITs does not necessarily mean that an individual retail shop tenant they have are doing well.

Yes size is necessary to bring anchor tenants. And at this times, yes, it is not necessary that big malls will mean better (refer to this week's Focus M), but generally this is the rule of thumb for retail consultants advising developers. This is the worst case scenario. Anchor tenants pay the lowest rentals but they are required to bring the traffic footfall, at least this is my opinion.

I worked with some of the biggest names in retail consulting as I was working in a developer. Retail consultants adviced us not to build malls that are too small like less than 300,000 sq ft as we will be neither big or small, and if small, we will not be able to achieve sufficient footfall for tenants and we will not be able to bring anchors (small also means lesser carparks).

Only a very small % of small to mid-sized malls are doing well, at least financially. Bangsar Shopping Centre used to be one of the top performer for neighbourhood mall. Mind you, the shops in Solaris Dutamas are not part of Publika Mall management and in Publika, anchors like BIG contribute almost majority of their income while the rest are not doing really well. Alot of neighbourhood malls like Cheras Leisure Mall and Main Place Mall are heavily dependent on certain F&B tenants and key tenants like their supermarket and they do not necessarily reflect growth in mall operator's' income because some of these tenants rental rates are low to begin with especially supermarket.

In recent times, out of a dozen malls that opened over the last many years, most of them neighbourhood malls, most of them don't do well. One mall that might stand out is probably the best of all of them is IOI City Mall, which is a big mall, not a neighbourhood mall.

Pavilion KL has a net lettable area of 1,335,119 sq ft with a gross floor area of 2,202,557 sq ft, and hence its a mid-sized mall that we have. There is no word that I was saying it was doing well, although on the mall operator level, there is a relatively so-so income growth (read Pav REIT) due to renewals and higher rentals for some tenants. On the individual retail tenant perspective, not all tenants are doing well, and yes there are tenants that have sales crunch during this times.

Some of our big malls do practise accrued rentals... so some tenants have been owing their rental payments for months. Many malls today also do track their tenant's sales performance. But the bottomline is some of our more established, big malls are still able to RAISE rental income especially towards F&B tenants signifying income growth.

For the size that Pavilion BJ has, I think it has great potential and it has a great chance of succeed if you look at their brief. It has large cineplex, a large entertainment feature and large foodcourts and these will drive the traffic of its catchment market Mad.
(The most recent mall leasing event that I attended is EkoCheras Mall. It might look quite promising but I have comments which is another day's topic.)
*
For sure the mall will succeed. But how's the condo?

This post has been edited by terrykow: Sep 25 2016, 04:11 PM
dz91
post Sep 25 2016, 05:14 PM

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QUOTE(terrykow @ Sep 25 2016, 04:10 PM)
For sure the mall will succeed. But how's the condo?
*
"For sure the mall will succeed. But how's the condo?"
LOL bro i think you already answer your own question
lowyatan
post Sep 25 2016, 05:34 PM

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Bla bla concept, branded developer, come come to buy! Once all condo fully sold, agents and developer both fat fat. Buyers are on their own, no tenants, poor rental yield, oversupply, high maintenance cost, high dense and high living cost, wow, these info no agents inform ? Why ppl still wanna clean the neck to let them chop?
DS4
post Sep 25 2016, 07:15 PM

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QUOTE(lowyatan @ Sep 25 2016, 05:34 PM)
Bla bla concept, branded developer, come come to buy! Once all condo fully sold, agents and developer both fat fat. Buyers are on their own, no tenants, poor rental yield, oversupply,  high maintenance cost, high dense and high living cost, wow, these info no agents inform ? Why ppl still wanna clean the neck to let them chop?
*


Went there this morning,
Look like a lot people are interested.
Small unit even without good view can also selling fast.
A sign of good economy recovering....😆
spydermind
post Sep 25 2016, 11:27 PM

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QUOTE(limwc78 @ Sep 24 2016, 02:19 PM)
Investing property and putting in FD difference.

For example RM 500,000 property, you only need to invest 10% -30% , around RM 50,000 to RM 150,000 then you can get 3-4% rental return.

If FD you need RM 500,000 cash then only to get the 3% - 4% interest rate return.
*
I think a lot of people being fooled into the terminology of return. you need to compare to the opportunity cost in this case.

Firstly if you have 100k case, lets assume with FD, you will earn let say 4% per annum, 4k per year.

Now , investing that 100k into deposit of a 500k property, will resulting in 2 things:

1. no more 4% return or 4k per year
2. You need to pay 4.5% on the loan (400k) , assuming all the cost covered and assuming property is completed. which is about 18k a year.

So, if you want to maintain 4% return on your 100k, you need to rent out the said property at min 22k a year (assuming again no other cost , like assessment, maintenance, etc). So roughly you need the rental to be about 1900 per month. on a 500k property (Assuming again that is the market price), your rental yield is about 4.4%.

take note that the rental price is driven by market and not what we desire unless the demand is so high that the owner can call whatever rental fee that they like. But still, there will be a limit , before the demand shifted or reduced due to increasing rental.

You may argue that property give you capital appreciation, that is true and only valid when the market (direct or indirect) is not suffering or you are not buying at inflated price.

SAme like stock market, you need to choose what to buy and when to buy, seriously, how many really knows for sure.
BEANCOUNTER
post Sep 25 2016, 11:42 PM

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Invest in property just take it as force saving lah...

Imagine got 100k cash in hand...itchy backside will use for travel lah..buy expensive watches lah upgrade cars lah macam macam.....
18830
post Sep 26 2016, 01:28 AM

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QUOTE(DS4 @ Sep 24 2016, 11:19 PM)
Currently, Sunway Pyramid, One Utama, Midvalley, KLCC, Pavilion are those top 5 mall in Malaysia with highest PSF on NLA as valued by DTZ Nawawi Malaysia.

From Geographical location analysis, Each and every 5 malls above are strategically located in matured and developed townshipsssss.

To me, it's still too early to comments on the successfulness of PV2 due to surrounding area, so far, has no similar competitor to benchmark.

Eventually, since this mall is located between IOI Puchong and THe Mines.

So, it may gain some advantages if both of these malls are not doing well.
*

my point of view , Luxury Mall in Klang Valley only this 3 : KLCC , PAVILLION, GARDEN. Maybe the upcoming Mall PAVILLION DAMANSARA HEIGHT. Must See whether they get the real luxury retail tenant or not( like prada, Gucci , LV , channel etc rclxm9.gif vmad.gif drool.gif

Cocoon
post Sep 26 2016, 03:36 AM

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QUOTE(18830 @ Sep 26 2016, 01:28 AM)
my point of view , Luxury Mall in Klang Valley only this 3 : KLCC , PAVILLION, GARDEN. Maybe the upcoming Mall PAVILLION DAMANSARA HEIGHT. Must See whether they get the real luxury retail tenant or not( like prada, Gucci , LV , channel etc rclxm9.gif  vmad.gif  drool.gif
*
starhill le?
lowyatan
post Sep 26 2016, 02:59 PM

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Million dollar for high density condo is no sense. It is better to invest in Eco city or BBCC.
SUSMNet
post Sep 26 2016, 08:36 PM

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QUOTE(BEANCOUNTER @ Sep 25 2016, 11:42 PM)
Invest in property just take it as force saving lah...

Imagine got 100k cash in hand...itchy backside will use for travel lah..buy expensive watches lah upgrade cars lah macam macam.....
*
Better buy saving plan from HLB
kokkk
post Sep 26 2016, 10:11 PM

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QUOTE(Marcus CPY @ Sep 25 2016, 01:07 PM)
May I know current selling price psf?

TQ
*
only indicative price given RM880/sqf
small talk
post Sep 26 2016, 10:13 PM

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QUOTE(MNet @ Sep 26 2016, 08:36 PM)
Better buy saving plan from HLB
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RM depreciate, only the figure look big later no value bro😥
ryan@chua
post Sep 26 2016, 10:32 PM

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QUOTE(small talk @ Sep 26 2016, 11:13 PM)
RM depreciate, only the figure look big later no value bro😥
*
Buy stock better.

Economic bad, whole property market bad.
Economic bad, some stocks perform better. Even bad also giving dividend more 4%

Dont invest blindy. This period simply invest property mostly help the property agents earn money only. Must invest wisely in only good property (very limited 0.01% ) , if own stay then another story.
Lyforumer16
post Sep 26 2016, 11:57 PM

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QUOTE(kokkk @ Sep 25 2016, 12:00 PM)
.
*
A lot of improvement room for their layout design.
lowyatan
post Sep 27 2016, 01:08 AM

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Lousy design and layout, taking full advantages on the buyers by branded name, dun fall into the trap of agents. Keep promoting the unrealistic projection. So many has fall into park1, still using the same old trick on park2.
small talk
post Sep 27 2016, 08:07 PM

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QUOTE(lowyatan @ Sep 27 2016, 01:08 AM)
Lousy design and layout, taking full advantages on the buyers by branded name, dun fall into the trap of agents. Keep promoting the unrealistic projection. So many has fall into park1, still using the same old trick on park2.
*
Why so frustrated bro, hope u r not the so call vitim of park1
lowyatan
post Sep 27 2016, 08:39 PM

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QUOTE(small talk @ Sep 27 2016, 08:07 PM)
Why so frustrated bro, hope u r not the so call vitim of park1
*
Not me bro, pity some frens stucked. Now still many units of park1 for sales, anyone interested fas go go to buy.
bigman
post Sep 27 2016, 10:32 PM

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QUOTE(lowyatan @ Sep 27 2016, 08:39 PM)
Not me bro, pity some frens stucked. Now still many units of park1 for sales, anyone interested fas go go to buy.
*
Really?
Can show here ka?
Cocoon
post Sep 28 2016, 04:07 AM

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QUOTE(lowyatan @ Sep 27 2016, 08:39 PM)
Not me bro, pity some frens stucked. Now still many units of park1 for sales, anyone interested fas go go to buy.
*
I tot fully sold ??
privilege2u
post Sep 28 2016, 11:14 AM

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QUOTE(Cocoon @ Sep 28 2016, 04:07 AM)
I tot fully sold ??
*
For your info and those who did not know the actual info.
1100units of Park 1 still left about another 50 more units to go
Mostly high floor, if you like staying high above the ground enjoying good views then you may consider.


Marcus CPY
post Sep 28 2016, 11:43 AM

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QUOTE(privilege2u @ Sep 28 2016, 11:14 AM)
For your info and those who did not know the actual info.
1100units of Park 1 still left about another 50 more units to go
Mostly high floor, if you like staying high above the ground enjoying good views then you may consider.
*
May I know the latest net selling price psf for Park 1 and available size?

TQ
ryan@chua
post Sep 28 2016, 01:41 PM

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QUOTE(privilege2u @ Sep 28 2016, 12:14 PM)
For your info and those who did not know the actual info.
1100units of Park 1 still left about another 50 more units to go
Mostly high floor, if you like staying high above the ground enjoying good views then you may consider.
*
Mainly because of the pricing .. not cos of the height lol.
ryan@chua
post Sep 28 2016, 01:52 PM

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QUOTE(lowyatan @ Sep 27 2016, 02:08 AM)
Lousy design and layout, taking full advantages on the buyers by branded name, dun fall into the trap of agents. Keep promoting the unrealistic projection. So many has fall into park1, still using the same old trick on park2.
*
Big units layout still doable. At least view much much better than skyluxe. Facing west park view, facing old apartment rooftop or apartment wall. Facing substation or little park view. Facing road with little golf view . And many units view blocked by the facade, shading wall. LOL. I suggest you if got money then buy Park for own stay if no money then gg..
LOL

This post has been edited by ryan@chua: Sep 28 2016, 02:17 PM
lowyatan
post Sep 28 2016, 02:53 PM

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QUOTE(ryan@chua @ Sep 28 2016, 01:52 PM)
Big units layout still doable. At least view much much better than skyluxe.  Facing west park view, facing old apartment rooftop or apartment wall. Facing substation or little park view. Facing road with little golf view . And many units view blocked by the facade, shading wall. LOL. I suggest you if got money then buy Park for own stay if no money then gg..
LOL
*
No jokes bro, this malton project, very very high density 308unit / acre for high end products. Acceptable range is 200 to 260unit per acre for onw stay, ideal is less than 200unit/ acre. Expected to be damn congested, one carpark for small unit,, all so branded outlets cost of living damn high over here. How to own stay bro? Is true, Layout and design is better than park 1 but is still dull. Personally I would prefer skyluxe or waltz than park 2. F@#×*×¥ malton, berjaya and exsim! Greedy developer.
lowyatan
post Sep 28 2016, 03:00 PM

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Ya, forgot the views, I heard park views only for big unit, small unit got fantastic highway views, or wall views ( building to building). Lol. Pu@#$÷ki malton, you wanna stay ah?
dz91
post Sep 28 2016, 03:33 PM

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yes park 1 remaining unit are all high floor unit
unsold unit are mainly due to too expensive and high psf
went there last 2 week , saw 2-3 group of china man enquiry regarding park 1 and saw them signing cheque for park 1 @@


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post Sep 28 2016, 03:41 PM

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QUOTE(lowyatan @ Sep 28 2016, 02:53 PM)
No jokes bro, this malton project, very very high density 308unit / acre for high end products. Acceptable range is 200 to 260unit per acre for onw stay, ideal is less than 200unit/ acre. Expected to be damn congested, one carpark for small unit,, all so branded outlets cost of living damn high over here. How to own stay bro?  Is true, Layout and design is better than park 1 but is still dull. Personally I would prefer skyluxe or waltz than park 2. F@#×*×¥ malton, berjaya and exsim! Greedy developer.
*
308/acre is park2?what is the land size ah? i remem park sky is around 160 right? Also, comparing park,waltz, skyluxe also useless 1 la, all abang adik density..

But then 8lifts is interesting, just the layout is abit weird weird. Even small units' kitchen from park sky is more practical.
dz91
post Sep 28 2016, 04:23 PM

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QUOTE(ChuiChuiShui @ Sep 28 2016, 03:41 PM)
308/acre is park2?what is the land size ah? i remem park sky is around 160 right? Also, comparing park,waltz, skyluxe also useless 1 la, all abang adik density..

But then 8lifts is interesting, just the layout is abit weird weird. Even small units' kitchen from park sky is more practical.
*
park 1 density
1098 / 7.2arce = 152.5
Lyforumer16
post Sep 28 2016, 04:46 PM

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QUOTE(lowyatan @ Sep 28 2016, 02:53 PM)
No jokes bro, this malton project, very very high density 308unit / acre for high end products. Acceptable range is 200 to 260unit per acre for onw stay, ideal is less than 200unit/ acre. Expected to be damn congested, one carpark for small unit,, all so branded outlets cost of living damn high over here. How to own stay bro?  Is true, Layout and design is better than park 1 but is still dull. Personally I would prefer skyluxe or waltz than park 2. F@#×*×¥ malton, berjaya and exsim! Greedy developer.
*
All the developers are the same lah, bro.
Prop321
post Sep 28 2016, 04:48 PM

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8 lifts seem very generous.. Is it 2 zone ie 4 lifts for each zone?
lowyatan
post Sep 28 2016, 05:29 PM

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QUOTE(Prop321 @ Sep 28 2016, 04:48 PM)
8 lifts seem very generous.. Is it 2 zone ie 4 lifts for each zone?
*
Generous? 10 Units per floor means 28 to 40 ppl each floor for 52 floor; means easily 1500 people in one tower if fully occupied. One lift only can take 10 to 12 ppl, If give you 4 lift for peak hour wanna wait for how long? Really close my eye. It's not generous, it's bo bian, no choice, have to compensate the load density. @#$%÷×
dz91
post Sep 28 2016, 05:58 PM

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QUOTE(lowyatan @ Sep 28 2016, 05:29 PM)
Generous? 10 Units per floor means 28 to 40  ppl each floor for 52 floor; means easily 1500 people in one tower if fully occupied. One lift only can take 10 to 12 ppl,  If give you 4 lift for peak hour  wanna wait for how long? Really close my eye. It's not generous,  it's bo bian, no choice,  have to compensate the load density. @#$%÷×
*
looks like you are very anti bukit jalil property
so any good property you recommend ?
TSaccetera
post Sep 28 2016, 06:02 PM

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Based on most recent projects in KL, we found that if we would to follow the residential title methodology of unit density per acre, then it is on the upward trend / rising...

This is a commercial land, so we use plot ratio, and definitely, being the epicentre and final phase of BJC, we shall expect a slightly higher plot ratio.

Buyers are then returned with a much higher no. of lifts per unit, which i think will be one of the biggest selling point here.
lowyatan
post Sep 28 2016, 06:13 PM

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QUOTE(accetera @ Sep 28 2016, 06:02 PM)
Based on most recent projects in KL, we found that if we would to follow the residential title methodology of unit density per acre, then it is on the upward trend / rising...

This is a commercial land, so we use plot ratio, and definitely, being the epicentre and final phase of BJC, we shall expect a slightly higher plot ratio.

Buyers are then returned with a much higher no. of lifts per unit, which i think will be one of the biggest selling point here.
*
You can use any phrases that you want, per acre, per population or plot ratio, high density means high la. Since when higher no of lifts become selling point of a high end property? What kind of point ? Dun twist the facts with words.
lowyatan
post Sep 28 2016, 06:18 PM

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QUOTE(dz91 @ Sep 28 2016, 05:58 PM)
looks like you are very anti bukit jalil property
so any good property you recommend ?
*
I never anti bukit jalil property, just pointed out the cons of each project. No offence. If you think Wat I said is not a fact then don't listen. I always give negative side of comments to let ppl to judge, besides listening to beautiful lies.
small talk
post Sep 28 2016, 06:36 PM

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QUOTE(lowyatan @ Sep 28 2016, 06:18 PM)
I never anti bukit jalil property, just pointed out the cons of each project. No offence. If you think Wat I said is not a fact then don't listen. I always give negative side of comments to let ppl to judge, besides listening to beautiful lies.
*
Pricing of property can be very subjective to many ppl.some just wanted the pavilion address so they grab it and don't mind paying higher. Sometime Rich ppl prioritizes what they like and not the con bro..
TSaccetera
post Sep 28 2016, 06:38 PM

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QUOTE(lowyatan @ Sep 28 2016, 06:13 PM)
You can use any phrases that you want, per acre, per population or plot ratio, high density means high la. Since when  higher no of lifts become selling point of a high end property?  What kind of point ? Dun twist the facts with words.
*
U sure it's not a selling point? Did you ask an M&E Engineer? When you calculate the waiting time is much lesser hence this is the fact that you cannot deny.

I'm a prospect buyer. biggrin.gif

This post has been edited by accetera: Sep 28 2016, 06:40 PM
DS4
post Sep 28 2016, 07:59 PM

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QUOTE(lowyatan @ Sep 28 2016, 02:53 PM)
No jokes bro, this malton project, very very high density 308unit / acre for high end products. Acceptable range is 200 to 260unit per acre for onw stay, ideal is less than 200unit/ acre. Expected to be damn congested, one carpark for small unit,, all so branded outlets cost of living damn high over here. How to own stay bro?  Is true, Layout and design is better than park 1 but is still dull. Personally I would prefer skyluxe or waltz than park 2. F@#×*×¥ malton, berjaya and exsim! Greedy developer.
*
Park 1, Park 2 and Skyluxe are all commercial title,
Measure by Plot Ratio,
Not density.

Except like HARVE and Waltz,
Both are residential title,
Measure by density
ryan@chua
post Sep 28 2016, 08:05 PM

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QUOTE(lowyatan @ Sep 28 2016, 06:29 PM)
Generous? 10 Units per floor means 28 to 40  ppl each floor for 52 floor; means easily 1500 people in one tower if fully occupied. One lift only can take 10 to 12 ppl,  If give you 4 lift for peak hour  wanna wait for how long? Really close my eye. It's not generous,  it's bo bian, no choice,  have to compensate the load density. @#$%÷×
*
I think u count wrongly or maybe ur logical thinking not so good.
Population not base on number of units but area per person or number of person per bed. So a floor with same area can be 10units can be 1unit but population can be the same. LOL

I think you dont know one lift can help to improve 5min handling capacity by alots. Thats why you think lift like nothing .


Haha

This post has been edited by ryan@chua: Sep 28 2016, 08:16 PM
ryan@chua
post Sep 28 2016, 08:22 PM

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QUOTE(lowyatan @ Sep 28 2016, 03:53 PM)
No jokes bro, this malton project, very very high density 308unit / acre for high end products. Acceptable range is 200 to 260unit per acre for onw stay, ideal is less than 200unit/ acre. Expected to be damn congested, one carpark for small unit,, all so branded outlets cost of living damn high over here. How to own stay bro?  Is true, Layout and design is better than park 1 but is still dull. Personally I would prefer skyluxe or waltz than park 2. F@#×*×¥ malton, berjaya and exsim! Greedy developer.
*
If uare comparing v skyluxe. Number of carpark given is the same follow sf size of unit. Same sf size unit can be 1bed can be 10bedrooms. If your carpark number refer to bedrooms . LOL

Somemore u comment park2 design better than park1...why i feel park 1 layout better than park2.. only i feel location, connection bridge, and outlooks of park2 win park1.
LOL


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post Sep 28 2016, 09:10 PM

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QUOTE(ryan@chua @ Sep 28 2016, 08:22 PM)
If uare  comparing v skyluxe. Number of carpark given is the same follow sf size of unit.  Same sf size unit can be 1bed can be 10bedrooms. If your carpark number refer to bedrooms . LOL

Somemore u comment park2 design better than park1...why i feel park 1 layout better than park2.. only i feel location, connection bridge, and outlooks of park2 win park1.
LOL
*
Nice or not nice and personal preference is subjective. Sorry bro, I dunno you bought park1. If don't like my negative comments just ignore it. No offence.
lowyatan
post Sep 28 2016, 09:16 PM

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QUOTE(small talk @ Sep 28 2016, 06:36 PM)
Pricing of property can be very subjective to many ppl.some just wanted the pavilion address so they grab it and don't mind paying higher. Sometime Rich ppl prioritizes what they like and not the con bro..
*
I agreed with you, many ppl just buy for pavillion address, glamour and others cons can just ignored it. It's a true fact.
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post Sep 28 2016, 09:19 PM

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QUOTE(lowyatan @ Sep 28 2016, 10:10 PM)
Nice or not nice and personal preference is subjective. Sorry bro, I dunno you bought park1. If don't like my negative comments just ignore it. No offence.
*
Lol
I didn't buy park 1 or park 2. Just comment on something that I found incorrect LOL
lowyatan
post Sep 28 2016, 09:52 PM

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QUOTE(ryan@chua @ Sep 28 2016, 09:19 PM)
Lol
I didn't buy park 1 or park 2. Just comment on something that I found incorrect LOL
*
Is my bad. I thought you fell into the trap adi. Keep promoting malton. My point is straight forward oni, this is considered a high density project for premium products, compensate by more lifts but I dun agreed with the compensation with such pricing, unless lower the price and give 1 more parking lot.
ryan@chua
post Sep 28 2016, 09:58 PM

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QUOTE(lowyatan @ Sep 28 2016, 10:52 PM)
Is my bad. I thought you fell into the trap adi. Keep promoting malton. My point is straight forward oni, this is considered a high density project for premium products,  compensate by more lifts but I dun agreed with the compensation with such pricing, unless lower the price and give 1 more parking lot.
*
I thought you are skyluxe agent keep promoting skyluxe. Lol
To me park better than skyluxe , worth than skyluxe.
If die die must buy bk jalil higher end high rise, I will choose park rather than skylux.

But bk jalil no longer nice to stay after few more yrs as too many rumawip prima, congested , no longer peaceful as what we can see now.

I will go for mont kiara or ttdi or dsp.
lowyatan
post Sep 28 2016, 10:07 PM

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QUOTE(ryan@chua @ Sep 28 2016, 09:58 PM)
I thought you are  skyluxe agent keep promoting skyluxe. Lol
To me park better than skyluxe , worth than skyluxe.
If die die must buy bk jalil higher end high rise, I will choose park rather than skylux.

But bk jalil no longer nice to stay after few more yrs as too many rumawip prima, congested , no longer peaceful as what we can see now.

I will go for mont kiara or ttdi or dsp.
*
Lol, I'm not promoting skyluxe or any project, I'll never buy in bukit jalil anymore. I just dun like some greedy developer attracting ppl using branded name. I really dunno why you hate skyluxe so much, The boss ow you money? Haha just joking. I'm planning to Australia.
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post Sep 28 2016, 10:13 PM

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QUOTE(lowyatan @ Sep 28 2016, 11:07 PM)
Lol, I'm not promoting skyluxe or any project, I'll never buy in bukit jalil anymore. I just dun like some greedy developer attracting ppl using branded name. I really dunno why you hate skyluxe so much, The boss ow you money?  Haha just joking. I'm planning to Australia.
*
Lol
Don't simply pUT me in a statement ler, I never hate theit boss.
I comment based on FACT.
I go State then console.gif
ryan@chua
post Sep 28 2016, 10:14 PM

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QUOTE(lowyatan @ Sep 28 2016, 11:07 PM)
Lol, I'm not promoting skyluxe or any project, I'll never buy in bukit jalil anymore. I just dun like some greedy developer attracting ppl using branded name. I really dunno why you hate skyluxe so much, The boss ow you money?  Haha just joking. I'm planning to Australia.
*
Lol
Don't simply pUT me in a statement ler, I never hate theit boss.
I comment based on FACT.
I go State then console.gif
privilege2u
post Sep 28 2016, 10:41 PM

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For those who have interest on The Park 2, units selection will start soon.

And for more info about the surrounding developments and news you may also visit my facebook page and feel free to give comments...

https://www.facebook.com/MasterPiecePropertiesMalaysia/

https://www.facebook.com/PropertyFairMalaysia/
NEWPROJECTSPEC
post Oct 1 2016, 02:11 PM

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The Park 2 - Open for Registration with Cheque Now!

*30% SOLD in the 1st day
*Price from RM6xxk to RM1m
*Last 2 Towers!
*Managed by Malton
*Booking RM15,000 by Cheque Only

For Serious Buyer Only, please Whatsapp/Call:
017-684 5336

Cheers! rclxms.gif
SeanFD2
post Oct 1 2016, 04:55 PM

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QUOTE(NEWPROJECTSPEC @ Oct 1 2016, 03:11 PM)
The Park 2 - Open for Registration with Cheque Now!

*30% SOLD in the 1st day
*Price from RM6xxk to RM1m
*Last 2 Towers!
*Managed by Malton
*Booking RM15,000 by Cheque Only

For Serious Buyer Only, please Whatsapp/Call:
017-684 5336

Cheers! rclxms.gif
*
30% only?
small talk
post Oct 1 2016, 08:59 PM

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QUOTE(SeanFD2 @ Oct 1 2016, 04:55 PM)
30% only?
*
I think current tough market couple with high selling price can archive 30% sales on soft launch is consider good. Malton is laughing already
privilege2u
post Oct 1 2016, 09:39 PM

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Want to know how was the situation today at sales gallery?

Are you a serious buyer? Don't wait and call us now 0163614888

More info visit here
https://www.facebook.com/PropertyFairMalaysia/


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SUSMNet
post Oct 1 2016, 09:51 PM

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fully refundable if bank loan is rejected?
dz91
post Oct 1 2016, 09:55 PM

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the crowd is definitely much much reduce compare when park 1 launch
dz91
post Oct 1 2016, 09:56 PM

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the high psf will boost up skyluxe and waltz sales
SeanFD2
post Oct 1 2016, 10:41 PM

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QUOTE(dz91 @ Oct 1 2016, 10:56 PM)
the high psf will boost up skyluxe and waltz sales
*
Walz? Their sales staff is totally don't care about the sales, I was visit their gallery at 530pm and their staff like chicken run from the counter and hide inside the office pretending don't see me (they seem wanna off duty at 6pm). I don't think this walz can sell well, not the project problem but the sales staff completely failed.
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post Oct 1 2016, 10:52 PM

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bukit jalil city website updated park 2
totally master piece and looks elegant
make me regret in booking park sky now sad.gif
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post Oct 1 2016, 11:12 PM

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QUOTE(dz91 @ Oct 1 2016, 11:52 PM)
bukit jalil city website updated park 2
totally master piece and  looks elegant
make me regret in booking park sky now sad.gif
*
If u comparing to big unit . I think park2 quite outstanding among the surrounding projects. Unit layout looks well, full park view, and low psf.

Dont know sticker game or not but low floor units almost sold out
dz91
post Oct 2 2016, 12:02 AM

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QUOTE(ryan@chua @ Oct 1 2016, 11:12 PM)
If u comparing to big unit . I think park2 quite outstanding among the surrounding projects. Unit layout looks well, full park view, and low psf.

Dont know sticker game or not but low floor units almost sold out
*
i am afraid to say that
the psf is higher compare to park 1
as expected malton wont be so stupid to not to grab the last chance for them to mark the price higher


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post Oct 2 2016, 12:42 AM

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QUOTE(dz91 @ Oct 2 2016, 01:02 AM)
i am afraid to say that
the psf is higher compare to park 1
as expected malton wont be so stupid to not to grab the last chance for them to mark the price higher
*
Ya. It is sure the park2 higher than park1.
The thing is does it worth
privilege2u
post Oct 2 2016, 12:58 PM

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Most Wanted View !
Wow can spot anyone here from dropping by to Pavilion Bukit Jalil in future

Should not enjoy the park view instead as more to see on this view
What you think?

"This sale agent 0123316039 told me that"




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DS4
post Oct 2 2016, 01:34 PM

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Not used to stay on top of 6-7 storey car park podium.
Just feel something is missing in today's high rise residential environment.

Marcus CPY
post Oct 2 2016, 02:22 PM

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QUOTE(AffordableLuxury @ Oct 1 2016, 11:16 PM)
Ya, the sales staffs can elaborate more on this..
*
Is THE PARK 2 currently open type A, 750 sf only?

Type B, 933 sf not yet open?

TQ
privilege2u
post Oct 2 2016, 02:25 PM

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QUOTE(Marcus CPY @ Oct 2 2016, 02:22 PM)
Is THE PARK 2 currently open type A, 750 sf only?

Type B, 933 sf not yet open?

TQ
*
Currently only open 750sf, 1570sf and 1519sf


Realestate.my
post Oct 2 2016, 02:32 PM

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Not cheap..
propertybbb
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QUOTE(Realestate.my @ Oct 2 2016, 03:32 PM)
Not cheap..
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How muc psf?
ryan@chua
post Oct 2 2016, 05:30 PM

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QUOTE(DS4 @ Oct 2 2016, 02:34 PM)
Not used to stay on top of 6-7 storey car park podium.
Just feel something is missing in today's high rise residential environment.
*
Car park at u/g basement ?
Another block for car park ?
Or car park lot attached to every unit ?

Anymore idea
Ero-Sennin
post Oct 2 2016, 05:48 PM

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QUOTE(SeanFD2 @ Oct 1 2016, 10:41 PM)
Walz? Their sales staff is totally don't care about the sales, I was visit their gallery at 530pm and their staff like chicken run from the counter and hide inside the office pretending don't see me (they seem wanna off duty at 6pm). I don't think this walz can sell well, not the project problem but the sales staff completely failed.
*
sik pao mai pao sales staff...but I think not all are like this
Realestate.my
post Oct 2 2016, 06:04 PM

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QUOTE(propertybbb @ Oct 2 2016, 05:21 PM)
How muc psf?
*
800-900.
Babizz
post Oct 2 2016, 06:40 PM

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QUOTE(Realestate.my @ Oct 2 2016, 04:04 AM)
800-900.
*
reasonable price la. btr deal than skylux n some other supposed high end BJ condo.

As long as one is aware n OK with the upcoming tens of thousands of low/mid cost flats, then this shld be an OK deal for long term investment or ownstay rclxms.gif
SeanFD2
post Oct 2 2016, 06:52 PM

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QUOTE(Ero-Sennin @ Oct 2 2016, 06:48 PM)
sik pao mai pao sales staff...but I think not all are like this
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If I were Dato Peter, I will sack all this thousands ringgits salary pay sales staff to save my billions ringgit NSV haha.
DS4
post Oct 2 2016, 11:24 PM

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QUOTE(SeanFD2 @ Oct 2 2016, 06:52 PM)
If I were Dato Peter, I will sack all this thousands ringgits salary pay sales staff to save my billions ringgit NSV haha.
*
Actually what he said is very true,
I have got the same experienced while I am visiting the show room as well.
One of the main reason might due to their low sales commission or they already hit the target,
Waiting for next phase notworthy.gif
CORBUSIER
post Oct 6 2016, 01:52 PM

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QUOTE(ryan@chua @ Oct 2 2016, 05:30 PM)
Car park at u/g basement ?
Another block for car park ?
Or car park lot attached to every unit ?

Anymore idea
*
If this without basement, cant imagine how many storey podium car park goes up..
It seems is another 7-8 storey podium carpark
CORBUSIER
post Oct 6 2016, 01:54 PM

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QUOTE(privilege2u @ Oct 2 2016, 12:58 PM)
Most Wanted View !
Wow can spot anyone here from dropping by to Pavilion Bukit Jalil in future

Should not enjoy the park view instead as more to see on this view
What you think?

"This sale agent 0123316039 told me that"
*
Nice view from outside is a plus point, but u can't all the time stay at outside looking at the building. The internal space layout is equally important..
CORBUSIER
post Oct 6 2016, 02:04 PM

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QUOTE(SeanFD2 @ Oct 1 2016, 10:41 PM)
Walz? Their sales staff is totally don't care about the sales, I was visit their gallery at 530pm and their staff like chicken run from the counter and hide inside the office pretending don't see me (they seem wanna off duty at 6pm). I don't think this walz can sell well, not the project problem but the sales staff completely failed.
*
heard that waltz almost sold out..could that be the reason they are not highly interest to entertain u? No worries bro, just wait for paradigm phase end of this year, they sure will treat u like king by that time..
CORBUSIER
post Oct 6 2016, 02:05 PM

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QUOTE(SeanFD2 @ Oct 1 2016, 10:41 PM)
Walz? Their sales staff is totally don't care about the sales, I was visit their gallery at 530pm and their staff like chicken run from the counter and hide inside the office pretending don't see me (they seem wanna off duty at 6pm). I don't think this walz can sell well, not the project problem but the sales staff completely failed.
*
*heard that waltz almost sold out..could that be the reason they are not highly interest to entertain u? No worries bro, just wait for paradigm phase 2 end of this year, they sure will treat u like king by that time..
CORBUSIER
post Oct 6 2016, 02:06 PM

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QUOTE(ryan@chua @ Oct 1 2016, 11:12 PM)
If u comparing to big unit . I think park2 quite outstanding among the surrounding projects. Unit layout looks well, full park view, and low psf.

Dont know sticker game or not but low floor units almost sold out
*
so are u saying if small units, skyluxe and park 1 is better?
any layout plan to share..hehe
CORBUSIER
post Oct 6 2016, 02:09 PM

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QUOTE(DS4 @ Sep 28 2016, 07:59 PM)
Park 1, Park 2 and Skyluxe are all commercial title,
Measure by Plot Ratio,
Not density.

Except like HARVE and Waltz,
Both are residential title,
Measure by density
*
Park 1, 2 and Skyluxe are luxury service apartments with commercial title.
Waltz is luxury condominium with residential title
Harve is more like prima/ medium range residential

correct me if i am wrong.
CORBUSIER
post Oct 6 2016, 02:16 PM

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QUOTE(lowyatan @ Sep 28 2016, 09:52 PM)
Is my bad. I thought you fell into the trap adi. Keep promoting malton. My point is straight forward oni, this is considered a high density project for premium products,  compensate by more lifts but I dun agreed with the compensation with such pricing, unless lower the price and give 1 more parking lot.
*
I always believe the price is to set the range of either luxury or not.
If high end products, but sold in affordable price, means who own the products? Who will be your neighbours?

Correct me if i am wrong, premium price in kl range consider around 2000psf, or even higher?

Whats make u all thinking the new launching in bj recently are qualified as premium? Is it because misleading by the SA/ advertisement?

2 cents


CORBUSIER
post Oct 6 2016, 02:27 PM

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QUOTE(ryan@chua @ Sep 28 2016, 09:58 PM)
I thought you are  skyluxe agent keep promoting skyluxe. Lol
To me park better than skyluxe , worth than skyluxe.
If die die must buy bk jalil higher end high rise, I will choose park rather than skylux.

But bk jalil no longer nice to stay after few more yrs as too many rumawip prima, congested , no longer peaceful as what we can see now.

I will go for mont kiara or ttdi or dsp.
*
Not too agreed to your points.
1. Big mall needs staff/ workers to support, hence nearby affordable residential could help. Like midvalley and its surroundings.
2. BJ still a nice place compare to others, with its natural landscape settings and strategic location.
3. Looking forward both Paradigm and Pavilion BJ will be success as there are huge population from the southern part, e.g. puchong, shah alam, etc. KL ciity itself slowly saturated and replaced by foreign workers and tourist.
4. Mk is a good place but recently with too many expats and diff types of people..

2 cents
ryan@chua
post Oct 6 2016, 07:26 PM

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QUOTE(CORBUSIER @ Oct 6 2016, 03:27 PM)
Not too agreed to your points.
1. Big mall needs staff/ workers to support, hence nearby affordable residential could help. Like midvalley and its surroundings. ??? Which one of my point that you disagreed ??lol

2. BJ still a nice place compare to others, with its natural landscape settings and strategic location.
U compare to which areas??

3. Looking forward both Paradigm and Pavilion BJ will be success as there are huge population from the southern part, e.g. puchong, shah alam, etc. KL ciity itself slowly saturated and replaced by foreign workers and tourist.
Commercial success but resi suffer. Lol

4. Mk is a good place but recently with too many expats and diff types of people..
Expats not good to you ? U prefer banglas, gov servants?

2 cents
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DS4
post Oct 7 2016, 07:50 AM

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QUOTE(CORBUSIER @ Oct 6 2016, 02:09 PM)
Park 1, 2 and Skyluxe are luxury service apartments with commercial title.
Waltz is luxury condominium with residential title
Harve is more like prima/ medium range residential

correct me if i am wrong.
*
The different in nature between these three developments are the land title.
Either luxury, or prima range of class,...I got no idea.....
Because it is very hard to measure and in our Malaysia industry,
There is no standard guideline in defining the classes of those condominium or service apt.
No point scoring or any rating system.
So better leave it to your own judgement....

mthc
post Oct 13 2016, 01:25 PM

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QUOTE(KLProperty @ Oct 13 2016, 08:30 AM)
Private Preview Soon !!!
*
Sales must be bad. Private preview since 2 weeks ago already..
DS4
post Oct 13 2016, 08:58 PM

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QUOTE(mthc @ Oct 13 2016, 01:25 PM)
Sales must be bad. Private preview since 2 weeks ago already..
*
Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍

mthc
post Oct 14 2016, 10:07 AM

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QUOTE(DS4 @ Oct 13 2016, 08:58 PM)
Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍
*
Front cover of The Star today has a full page Park 2 advertisement
Lowtan
post Oct 15 2016, 01:23 PM

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Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
DS4
post Oct 15 2016, 01:33 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Huge mall front,
Large park back.
Look like the only one in Malaysia at this moment.... thumbup.gif

BEANCOUNTER
post Oct 15 2016, 01:36 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Depends on how successful the mall is....
And the daily jamx3 on bj highway
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post Oct 15 2016, 02:38 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Sorry to say that, BJ properties are not for rental play.... unless u already bought unit before booming time...


This post has been edited by bigman: Oct 15 2016, 02:39 PM
ryan@chua
post Oct 15 2016, 02:38 PM

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QUOTE(Lowtan @ Oct 15 2016, 02:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Any show unit photos to share ?

Cocoon
post Oct 15 2016, 03:33 PM

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QUOTE(DS4 @ Oct 15 2016, 01:33 PM)
Huge mall front,
Large park back.
Look like the only one in Malaysia at this moment.... thumbup.gif
*
Got. Klcc lo.park much smaller
wltw87
post Oct 15 2016, 05:00 PM

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so whats the pricing like (after rebate)?
Lyforumer16
post Oct 15 2016, 06:57 PM

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QUOTE(wltw87 @ Oct 15 2016, 05:00 PM)
so whats the pricing like (after rebate)?
*
Was told rm850psf after 5+5% rebate for the lowest floor 750sf unit.

juliogeorges
post Oct 15 2016, 07:47 PM

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QUOTE(privilege2u @ Sep 12 2016, 03:48 PM)
Hi Ryan, good question on all your spec concern. I will get you all those details and send to you soon.

Meantime, Malton have studied well on their compertitor and is now fine tuning their id and product qualities to make sure it will be one class higher.
*
Hi, mind pm me the info above as well? Thanks!
Lowtan
post Oct 15 2016, 10:30 PM

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QUOTE(bigman @ Oct 15 2016, 02:38 PM)
Sorry to say that, BJ properties are not for rental play.... unless u already bought unit before booming time...
*
i am holding it for mid term at least. i believe Park 2 is a notch above and not competing with other mass market project in BJ. If cost is an issue, i would have chosen Havre or Earth, which may have better yield (or is it), but then again its a mass market product. People may argue Park have thousand of unit, but this is a fraction of tens of thousand available in BJ. Park 2.

and in BJ there is no integrated development of such scale. and well the brand carry some weight too.

basically many property that i had survey may not return the rental-can-covered-installment for newly launched project.

i am looking for a balance between yield vs mid term potential vs quality of project vs quality of tenant kinda of project and not mass market.
ryan@chua
post Oct 15 2016, 11:40 PM

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QUOTE(Lowtan @ Oct 15 2016, 11:30 PM)
i am holding it for mid term at least. i believe Park 2 is a notch above and not competing with other mass market project in BJ. If cost is an issue, i would have chosen Havre or Earth, which may have better yield (or is it), but then again its a mass market product. People may argue Park have thousand of unit, but this is a fraction of tens of thousand available in BJ. Park 2. 

and in BJ there is no integrated development of such scale. and well the brand carry some weight too.

basically many property that i had survey may not return the rental-can-covered-installment for newly launched project.

i am looking for a balance between yield vs mid term potential vs quality of project  vs quality of tenant kinda of project and not mass market.
*
Heard show unit open. Did u see ? How is it? Materials/fittings/sanitary wares given good ? Any photos?
TSaccetera
post Oct 15 2016, 11:57 PM

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The materials and specs and ID better than The Park Sky.
wltw87
post Oct 16 2016, 12:48 AM

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QUOTE(Lyforumer16 @ Oct 15 2016, 06:57 PM)
Was told rm850psf after 5+5% rebate for the lowest floor 750sf unit.
*
woah.. thats quite pricey even after rebates.
ryan@chua
post Oct 16 2016, 01:23 AM

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QUOTE(accetera @ Oct 16 2016, 12:57 AM)
The materials and specs and ID better than The Park Sky.
*
Better than skyluxe or not ? Because their price tag almost the same.
BEANCOUNTER
post Oct 16 2016, 02:07 AM

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QUOTE(wltw87 @ Oct 16 2016, 12:48 AM)
woah.. thats quite pricey even after rebates.
*
They are cashing in the unknown mall.

Havent investors learnt from velocity?
Lowtan
post Oct 16 2016, 07:14 AM

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QUOTE(wltw87 @ Oct 16 2016, 12:48 AM)
woah.. thats quite pricey even after rebates.
*
there's a premium you have to pay for this project due to the reason I mentioned in my earlier post.
To be fair, Twin Arkz is already selling now at about sub RM 900psf (from iprop), where its location is not as ideal. Yeah they are completed and what you see is what u get, but hey secondary market also mean higher entry. Skyluxe is selling RM 750 - 800 psf. I am not saying Park 2 is cheap, but if I compare the 2 projects, I think Park 2 pricing is not over the top, considering that this is an integrated development by a branded developer.

if price is an issue, there are other projects nearby such as Havre and Earth, at a huge bargain, few hundred meters away.
Lowtan
post Oct 16 2016, 07:46 AM

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QUOTE(BEANCOUNTER @ Oct 16 2016, 02:07 AM)
They are cashing in the unknown mall.

Havent investors learnt from velocity?
*
I believe this mall wouldn't fare too badly looking at its location and the catchment around.
I am analyzing what option we have within say 10-15 km radius, and we have SUnway Pyramid, IOI, IOI City, Alamanda, Mines, SUmmit USJ. And looking at Pavilion, it can attract catchment from Puchong, OKR, Sg Besi, Putra/Cyber, Subang, BJ, Shah Alam. As malls are increasing, hence it is more difficult to get the catchment from other area such as KL, damansara and PJ where they have sizeable mall of their own.

it will need time to take off for sure, just like any other mall.
Lyforumer16
post Oct 16 2016, 02:44 PM

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QUOTE(Lowtan @ Oct 16 2016, 07:14 AM)
there's a premium you have to pay for this project due to the reason I mentioned in my earlier post.
To be fair, Twin Arkz is already selling now at about sub RM 900psf (from iprop), where its location is not as ideal. Yeah they are completed and what you see is what u get, but hey secondary market also mean higher entry. Skyluxe is selling RM 750 - 800 psf. I am not saying Park 2 is cheap, but if I compare the 2 projects, I think Park 2 pricing is not over the top, considering that this is an integrated development by a branded developer.

if price is an issue, there are other projects nearby such as Havre and Earth, at a huge bargain, few hundred meters away.
*
For havre and earth, proximity to high tension cable is a concern
For earth residence, it has a communication tower in front some more.

Lowtan
post Oct 16 2016, 03:30 PM

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QUOTE(Lyforumer16 @ Oct 16 2016, 02:44 PM)
For havre and earth, proximity to high tension cable is a concern
For earth residence, it has a communication tower in front some more.
*
in property, price is cheap or expensive for a reason.
good thing not cheap. Cheap thing no good.

whistling.gif

This post has been edited by Lowtan: Oct 16 2016, 04:28 PM
Babizz
post Oct 16 2016, 05:08 PM

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QUOTE(DS4 @ Oct 13 2016, 06:58 AM)
Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍
*
preview started in august actually. how is d progress for parksky or the pavi mall?
ericwk700528
post Oct 16 2016, 05:47 PM

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Park2 is least or free hold ? Understand they are all commercial title.
dz91
post Oct 16 2016, 06:40 PM

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Park 2 is freehold
Went to gallery today
And finally had time to visit skyluxe show room also
Personally, I feel skyluxe layout is much better
Damn the dual balcony unit is so nice especially those on the master bedroom
Park 2 comparatively very dull layout
Park 2 ID and layout is simpler then parksky
Same maintainece fees
Both have own advantage
Eg Park 2 have link bridge
Park 1 have larger area of facility podium

As parksky buyer I don't regret even though Park 2 looks attractive
Price 650k onward for smallest unit lowest floor
Today gallery is very crowded but can see most of the people are there makan makan free food only
Not much people do booking actually

This post has been edited by dz91: Oct 16 2016, 06:40 PM
| KENZO |
post Oct 16 2016, 10:32 PM

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QUOTE(dz91 @ Oct 16 2016, 06:40 PM)
Park 2 is freehold
Went to gallery today
And finally had time to visit skyluxe show room also
Personally,  I feel skyluxe layout is much better
Damn the dual balcony unit is so nice especially  those on the master bedroom
Park 2 comparatively very dull layout
Park 2 ID and layout  is simpler  then parksky
Same maintainece fees
Both have own advantage
Eg Park 2 have link bridge
      Park 1 have larger area of  facility podium
     
As parksky buyer I don't regret even though Park 2 looks attractive
Price 650k onward for smallest unit lowest floor
Today gallery is very crowded but can see most of the people are there makan makan free food only
Not much people do booking actually
*
IMHO, both Park 1 n 2 have their reasons to be cheerful as a buyer. I like Park 1 vs Park 2 due to better orientation n easier to choose, as well as more facilities. Park 2 would be better only for huge units's orientation or facing n the special 9 lifts share by 10 units ( T1 ) n 8 ( T2 ). The risk is only being the record price in BJ and only 1 cp for small unit ( or anything below 1k sq ft )

Agree the layout is ntg special and dull, but for me, it's quite practical but, a lot much better than Skyluxe. If to include The Waltz, I think Waltz layout n sizes win by large margin but if really to choose, I go for Park 1 or Park 2 ( big size or uf small size, tower 2 ) while Waltz 1250 sq ft is excellent for reducing absolute price point compare to 1500 sq ft units available.

The Skyluxe, the view is all based on far view n not many units with short distance view except small units, again, directly facing Anjung Hijau. Skyluxe looks great in facade but layout was killed off by the allocation of more sq ft into balconies to save the construction costs. To sell as high end prop, every sq ft size is critical and it would be mass mistake to throw more than 15-20% of the size into balconies to make the rooms very small n fearful tat the high price thrown by a non any completed project developer was due to near Pav 2 or Recreationaal Park as selling point.

Btw, not many units of Park 2 is available, i prefer Park 2 bcz we can directly choose a unit if which level the car parks allocated. Too bad, 1500 sq ft giving 3 cps but some units, 2 of them still tandem.

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post Oct 16 2016, 11:23 PM

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QUOTE(| KENZO | @ Oct 16 2016, 11:32 PM)
IMHO, both Park 1 n 2 have their reasons to be cheerful as a buyer. I like Park 1 vs Park 2 due to better orientation n easier to choose, as well as more facilities. Park 2 would be better only for huge units's orientation or facing n the special 9 lifts share by 10 units ( T1 ) n 8 ( T2 ). The risk is only being the record price in BJ and only 1 cp for small unit ( or anything below 1k sq ft )

Agree the layout is ntg special and dull, but for me, it's quite practical but, a lot much better than Skyluxe. If to include The Waltz, I think Waltz layout n sizes win by large margin but if really to choose, I go for Park 1 or Park 2 ( big size or uf small size, tower 2 ) while Waltz 1250 sq ft is excellent for reducing absolute price point compare to 1500 sq ft units available.

The Skyluxe, the view is all based on far view n not many units with short distance view except small units, again, directly facing Anjung Hijau. Skyluxe looks great in facade but layout was killed off by the allocation of more sq ft into balconies to save the construction costs. To sell as high end prop, every sq ft size is critical and it would be mass mistake to throw more than 15-20% of the size into balconies to make the rooms very small n fearful tat the high price thrown by a non any completed project developer was due to near Pav 2 or Recreationaal Park as selling point.

Btw, not many units of Park 2 is available, i prefer Park 2 bcz we can directly choose a unit if which level the car parks allocated. Too bad, 1500 sq ft giving 3 cps but some units, 2 of them still tandem.
*
unit come with plain naked, ID also can change easily, cost a little. I think location and brand/name cost the most especially surrounding come with so many low cost projects. Just like projects in KLCC.
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post Oct 16 2016, 11:55 PM

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QUOTE(Lowtan @ Oct 16 2016, 07:14 AM)
there's a premium you have to pay for this project due to the reason I mentioned in my earlier post.
To be fair, Twin Arkz is already selling now at about sub RM 900psf (from iprop), where its location is not as ideal. Yeah they are completed and what you see is what u get, but hey secondary market also mean higher entry. Skyluxe is selling RM 750 - 800 psf. I am not saying Park 2 is cheap, but if I compare the 2 projects, I think Park 2 pricing is not over the top, considering that this is an integrated development by a branded developer.

if price is an issue, there are other projects nearby such as Havre and Earth, at a huge bargain, few hundred meters away.
*
Errr twin arkz and z resi rental very very koyak also according to iprop, propwall and propertguru.. twin arkz averagely 2100 to 2300 1.2k sf 3 beds and z resi 1600 to 1900 1.4k sf 3 beds.

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post Oct 17 2016, 10:28 AM

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QUOTE(| KENZO | @ Oct 16 2016, 10:32 PM)
IMHO, both Park 1 n 2 have their reasons to be cheerful as a buyer. I like Park 1 vs Park 2 due to better orientation n easier to choose, as well as more facilities. Park 2 would be better only for huge units's orientation or facing n the special 9 lifts share by 10 units ( T1 ) n 8 ( T2 ). The risk is only being the record price in BJ and only 1 cp for small unit ( or anything below 1k sq ft )

Agree the layout is ntg special and dull, but for me, it's quite practical but, a lot much better than Skyluxe. If to include The Waltz, I think Waltz layout n sizes win by large margin but if really to choose, I go for Park 1 or Park 2 ( big size or uf small size, tower 2 ) while Waltz 1250 sq ft is excellent for reducing absolute price point compare to 1500 sq ft units available.

The Skyluxe, the view is all based on far view n not many units with short distance view except small units, again, directly facing Anjung Hijau. Skyluxe looks great in facade but layout was killed off by the allocation of more sq ft into balconies to save the construction costs. To sell as high end prop, every sq ft size is critical and it would be mass mistake to throw more than 15-20% of the size into balconies to make the rooms very small n fearful tat the high price thrown by a non any completed project developer was due to near Pav 2 or Recreationaal Park as selling point.

Btw, not many units of Park 2 is available, i prefer Park 2 bcz we can directly choose a unit if which level the car parks allocated. Too bad, 1500 sq ft giving 3 cps but some units, 2 of them still tandem.
*
Yes agree with u
Parksky and park 2 layout is dull but more practical
I went to waltz too
Don't like waltz At all
If really have to choose I rather go for skyluxe then waltz
Lowtan
post Oct 17 2016, 10:43 AM

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QUOTE(| KENZO | @ Oct 16 2016, 10:32 PM)
IMHO, both Park 1 n 2 have their reasons to be cheerful as a buyer. I like Park 1 vs Park 2 due to better orientation n easier to choose, as well as more facilities. Park 2 would be better only for huge units's orientation or facing n the special 9 lifts share by 10 units ( T1 ) n 8 ( T2 ). The risk is only being the record price in BJ and only 1 cp for small unit ( or anything below 1k sq ft )

Agree the layout is ntg special and dull, but for me, it's quite practical but, a lot much better than Skyluxe. If to include The Waltz, I think Waltz layout n sizes win by large margin but if really to choose, I go for Park 1 or Park 2 ( big size or uf small size, tower 2 ) while Waltz 1250 sq ft is excellent for reducing absolute price point compare to 1500 sq ft units available.

The Skyluxe, the view is all based on far view n not many units with short distance view except small units, again, directly facing Anjung Hijau. Skyluxe looks great in facade but layout was killed off by the allocation of more sq ft into balconies to save the construction costs. To sell as high end prop, every sq ft size is critical and it would be mass mistake to throw more than 15-20% of the size into balconies to make the rooms very small n fearful tat the high price thrown by a non any completed project developer was due to near Pav 2 or Recreationaal Park as selling point.

Btw, not many units of Park 2 is available, i prefer Park 2 bcz we can directly choose a unit if which level the car parks allocated. Too bad, 1500 sq ft giving 3 cps but some units, 2 of them still tandem.
*
To be honest, I like Park 2 (and also Park 1) in comparison to other development such as skyluxe and Waltz.
I am buying at a double premium price. Reason being is that BJC alone is already command a premium price tag compared to others development in BJ. The second premium is because I am buying at almost the last phase of the Park Series, hence one of the highest psf.

But what other development they have in BJ that has such integrated development except Paradigm?
I don't really like paradigm due as the development phase is very much depend on market sentiment, finance of the company with no clear indication of when to build what even though master plan is there. that affect short term investor and probably mid term too. BJC develop the whole almost together hence u know when itwill be completed. thereafter demand depend very much on whether all these are in placed.

also pavilion branding is definitely better than paradigm, even though both are of the same size. people says about jam in BJC. No jam mean no commercial activities. is it a good thing?

the only cons is the missing office and corporate tower in BJC, which is very important for the success of premium lifestyle residence like Park 1 and 2.
Methone
post Oct 19 2016, 01:45 PM

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Showroom for 1570sf
Living Room


Attached thumbnail(s)
Attached Image Attached Image
CORBUSIER
post Oct 19 2016, 06:23 PM

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QUOTE(ryan@chua @ Oct 16 2016, 11:23 PM)
unit come with plain naked, ID also can change easily, cost a little. I think location and brand/name cost the most especially surrounding come with so many low cost projects.  Just like projects in KLCC.
*
Agreed. All are depends to the individual purposes. Whether to rent, for own stay or to flip? wahaha
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post Nov 8 2016, 09:57 AM

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visited the showhouse.
compared to skyluxe, the ID here is absolutely horrible.
chunky furnishings make the whole place looks cramped.

layout wise on paper is suppose to be better but gosh the whole unit with the furnitures and fittings is just plain wrong.

for instance, why would someone allow a shelf unit just behind the sofa thus making the living lose one foot worth of space? it's just crazy!

somehow, to me, the entire scheme is just plain wrong.

layouts wise, on paper, park 2 is suppose to be superior to skyluxe, but when a purchaser walks into the showroom, i would say skyluxe wins hands down with their clever use of space by their ID.
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post Nov 8 2016, 05:39 PM

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user posted image
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post Nov 10 2016, 10:55 AM

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Thanks for sharing @accetera!
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post Nov 10 2016, 11:54 AM

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the park2 still available?

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post Nov 10 2016, 03:15 PM

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where is the comparison with The Link 2?
ryan@chua
post Nov 10 2016, 03:31 PM

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The Park is just like Sunway v resi.
Project one road behind from development boundary can be big price dff
CORBUSIER
post Nov 11 2016, 12:20 AM

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QUOTE(ryan@chua @ Nov 10 2016, 03:31 PM)
The Park is just like Sunway v resi.
Project one road behind from development boundary can be big price dff
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then what abt SKylux? separated by the park..hehe
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post Nov 11 2016, 12:26 AM

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QUOTE(CORBUSIER @ Nov 11 2016, 01:20 AM)
then what abt SKylux? separated by the park..hehe
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Overpriced
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post Nov 16 2016, 04:50 PM

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QUOTE(ryan@chua @ Nov 11 2016, 12:26 AM)
Overpriced
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the park also over price right?
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QUOTE(Michael_ote @ Nov 16 2016, 05:50 PM)
the park also over price right?
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Ya. Overpriced. The high price of park cos its location, intergrated development and Pavillion brand. Else really overprice.
Just like Pavillion suites in bk bintang can be higher prices than surrounding
CORBUSIER
post Nov 16 2016, 06:20 PM

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QUOTE(ryan@chua @ Nov 16 2016, 05:17 PM)
Ya. Overpriced.  The high price of park cos its location, intergrated development and Pavillion brand. Else really overprice.
Just like Pavillion suites in bk bintang can be higher prices than surrounding
*
So what would be the reasonable price for this area?

CORBUSIER
post Nov 16 2016, 06:22 PM

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QUOTE(ryan@chua @ Nov 16 2016, 05:17 PM)
Ya. Overpriced.  The high price of park cos its location, intergrated development and Pavillion brand. Else really overprice.
Just like Pavillion suites in bk bintang can be higher prices than surrounding
*
How you think Pavilion Brand is good? Recently they're doing so many projects in town and this seems the lowest entry product..
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post Nov 16 2016, 07:01 PM

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QUOTE(CORBUSIER @ Nov 16 2016, 07:22 PM)
How you think Pavilion Brand is good? Recently they're doing so many projects in town and this seems the lowest entry product..
*
I didnt say Pavillion brand is good. It might be bad too. But in this capitalism market funny world, got ppl willing to pay for brand. So do to Pavillion after success in pavillion bbintang. Pavillion suites in bbintang also not really top 1 in facilities, finishes, but top in prices.
U may wait for cheaper pavillion after the fail of pavillion bk jalil mall. Maybe lar. LOL
Michael_ote
post Nov 17 2016, 12:48 PM

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QUOTE(CORBUSIER @ Nov 16 2016, 06:22 PM)
How you think Pavilion Brand is good? Recently they're doing so many projects in town and this seems the lowest entry product..
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the earth and the harve?

those all near to HTC....
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post Nov 17 2016, 02:02 PM

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QUOTE(ryan@chua @ Nov 16 2016, 07:01 PM)
I didnt say Pavillion brand is good. It might be bad too. But in this capitalism market funny world, got ppl willing to pay for brand. So do to Pavillion after success in pavillion bbintang. Pavillion suites in bbintang also not really top 1 in facilities, finishes, but top in prices.
U may wait for cheaper pavillion after the fail of pavillion bk jalil mall. Maybe lar. LOL
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Bravo!!! Stupid comment from stupid people... rclxms.gif
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post Nov 17 2016, 02:42 PM

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QUOTE(bigman @ Nov 17 2016, 03:02 PM)
Bravo!!! Stupid comment from stupid people... rclxms.gif
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Only Stupid ppl ll comment on stupid comment . LOL
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post Nov 17 2016, 02:58 PM

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QUOTE(ryan@chua @ Nov 17 2016, 02:42 PM)
Only Stupid ppl ll comment on stupid comment . LOL
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2x Stupidness ...Wahaha rclxs0.gif
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QUOTE(bigman @ Nov 17 2016, 03:58 PM)
2x Stupidness ...Wahaha rclxs0.gif
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Uncle, How old are u ?
Lowtan
post Nov 22 2016, 10:13 PM

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QUOTE(ryan@chua @ Nov 17 2016, 05:17 PM)
Uncle, How old are u ?
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please keep the comment constructive otherwise you guys are just wasting the space and time of everybody.
Michael_ote
post Dec 1 2016, 04:43 PM

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the park 1 still available?
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post Dec 2 2016, 08:55 PM

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QUOTE(Michael_ote @ Dec 1 2016, 04:43 PM)
the park 1 still available?
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yes big unit
DavidKool
post Dec 3 2016, 11:08 PM

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what about park 2?
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post Dec 4 2016, 09:31 AM

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Park 2 still got a lot of unit
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post Dec 14 2016, 01:16 PM

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QUOTE(CORBUSIER @ Nov 16 2016, 06:20 PM)
So what would be the reasonable price for this area?
*
Park2 is expensive because Park1 is expensive. That's why they sell smaller units there. Looking at the density, number of lifts etc., I'm betting that the maintenance fees will increase a lot of ther the first 2 years.

Park1 will be the benchmark with the right density and maintenance fees. Paraiso is also a very good proposition, used to be Havre but the HTC is too near the latter. If I have the money I will take up Paraiso, bu be careful only 4-5 units per floor are adviseable, the rest will go Holland when you want to sell/rent.
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post Dec 15 2016, 06:00 AM

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QUOTE(meejawa @ Dec 14 2016, 01:16 PM)
Park2 is expensive because Park1 is expensive. That's why they sell smaller units there. Looking at the density, number of lifts etc., I'm betting that the maintenance fees will increase a lot of ther the first 2 years.

Park1 will be the benchmark with the right density and maintenance fees. Paraiso is also a very good proposition, used to be Havre but the HTC is too near the latter. If I have the money I will take up Paraiso, bu be careful only 4-5 units per floor are adviseable, the rest will go Holland when you want to sell/rent.
*
morning sir, what does it means by 4-5 units per floor?

This post has been edited by heavensea: Dec 15 2016, 06:00 AM
BEANCOUNTER
post Dec 15 2016, 10:03 AM

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QUOTE(heavensea @ Dec 15 2016, 06:00 AM)
morning sir, what does it means by 4-5 units per floor?
*
Only 4-5units out of xxunits per floor are buyable.
I think the orientation and views suck qua.
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post Dec 15 2016, 04:35 PM

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Correct.
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post Dec 15 2016, 05:00 PM

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QUOTE(BEANCOUNTER @ Dec 15 2016, 10:03 AM)
Only 4-5units out of xxunits per floor are buyable.
I think the orientation and views suck qua.
*
Oh thanks, I thought got certain block/facade with 4-5 units per floor.
CORBUSIER
post Dec 30 2016, 01:32 PM

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QUOTE(heavensea @ Dec 15 2016, 05:00 PM)
Oh thanks, I thought got certain block/facade with 4-5 units per floor.
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When Park 2 will be officially launched? Ready for SPA signing?
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post Dec 30 2016, 01:35 PM

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QUOTE(CORBUSIER @ Dec 30 2016, 01:32 PM)
When Park 2 will be officially launched? Ready for SPA signing?
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Hi sir, I dunno as I'm not buyer.
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post Dec 31 2016, 05:42 PM

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Anyone got idea that Park 2 showroom is what type ah?
CORBUSIER
post Dec 31 2016, 11:07 PM

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QUOTE(heavensea @ Dec 30 2016, 01:35 PM)
Hi sir, I dunno as I'm not buyer.
*
anyway if you're buyer also wont know..
Only developer side can tell..thanks for response
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post Jan 7 2017, 10:49 PM

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I just place order for a unit at the Park 2 at 40 floor at the price RM 680K. Is this expensive? Is there any agent can offer discount :-P
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post Jan 7 2017, 10:53 PM

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QUOTE(DavidKool @ Dec 31 2016, 05:42 PM)
Anyone got idea that Park 2 showroom is what type  ah?
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750sqft and 1519 sqft
wl_n
post Jan 7 2017, 11:16 PM

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QUOTE(derrickwan @ Jan 7 2017, 10:49 PM)
I just place order for a unit at the Park 2 at 40 floor at the price RM 680K. Is this expensive? Is there any agent can offer discount :-P
*
what is the size and psf?
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post Jan 7 2017, 11:45 PM

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QUOTE(wl_n @ Jan 7 2017, 11:16 PM)
what is the size and psf?
*
I think the size should be 735sf. Plus the interest till 2021, i guess the cost to own this studio unit will be close to 1000psf.

Is this a good buy? I am afraid cannot rent out and have to hold for few years.
derrickwan
post Jan 7 2017, 11:57 PM

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QUOTE(wl_n @ Jan 7 2017, 11:16 PM)
what is the size and psf?
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750sqf
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post Jan 7 2017, 11:59 PM

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QUOTE(derrickwan @ Jan 7 2017, 11:49 PM)
I just place order for a unit at the Park 2 at 40 floor at the price RM 680K. Is this expensive? Is there any agent can offer discount :-P
*
View blocked by park resi ?
Facing west ?
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post Jan 8 2017, 12:00 AM

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QUOTE(nkhong @ Jan 7 2017, 11:45 PM)
I think the size should be 735sf. Plus the interest till 2021, i guess the cost to own this studio unit will be close to 1000psf.

Is this a good buy? I am afraid cannot rent out and have to hold for few years.
*
Size 750 sqf, around RM 900 psqf because higher floor more expensive. It's not a studio, it has 1+1 room. The price include Kitchen cabinet, fridge, toilet cabinets and sinks etc.
derrickwan
post Jan 8 2017, 12:02 AM

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QUOTE(ryan@chua @ Jan 7 2017, 11:59 PM)
View blocked by park resi ?
Facing west ?
*
The living hall window facing The Park Sky Residence's swimming pool with some views of Bukit Jalil Park. If you look at the pictures of The Park 2, it is further out compare to The Park Sky Residence. So, the view is not totally blocked.
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post Jan 8 2017, 12:04 AM

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QUOTE(derrickwan @ Jan 8 2017, 12:02 AM)
The living hall window facing The Park Sky Residence's swimming pool with some views of Bukit Jalil Park. If you look at the pictures of The Park 2, it is further out compare to The Park Sky Residence. So, the view is not totally blocked.
*
I think facing North. Only big units have Park's view and facing East.
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QUOTE(derrickwan @ Jan 8 2017, 01:04 AM)
I think facing North. Only big units have Park's view and facing East.
*
North west.
9, 10 can get park view if u notice. Unblocked
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post Jan 8 2017, 12:11 AM

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QUOTE(selinix @ Jan 7 2017, 10:53 PM)
750sqft and 1519 sqft
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Oh, thanks a lot.
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post Jan 8 2017, 12:22 AM

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QUOTE(derrickwan @ Jan 7 2017, 10:49 PM)
I just place order for a unit at the Park 2 at 40 floor at the price RM 680K. Is this expensive? Is there any agent can offer discount :-P
*
Huh, ok what, lower than what the agent quote me before. Strange.

Visited quite some time ago before the show room ready, only Tower 1 is open, so just 2 sizes of 750 sf and 1570 sq ft.
The SA quote me 1-13-5 at 677k and 1-22-5 at 704k, but I forgot this is gross price before discount or already net.

I like the high end condo 1+1 bedroom with small size and smaller balcony if possible, but I dislike this Park 2 layout because study room is separated by bath and powder room, the powder room too big for a unit of 750 sq ft.

I prefer Type B 933 sq ft because small size and 2+1 bedroom but only available at Tower 2, nobody call me since then.
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post Jan 8 2017, 12:38 AM

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QUOTE(ryan@chua @ Jan 8 2017, 12:07 AM)
North west.
9, 10 can get park view if u notice. Unblocked
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I choose Unit # 5 because facing inside. The other side facing the swimming pool and main road right?
Unit 9, 10 are bigger units?
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post Jan 8 2017, 12:39 AM

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QUOTE(DavidKool @ Jan 8 2017, 12:22 AM)
Huh, ok what, lower than what the agent quote me before. Strange.

Visited quite some time ago before the show room ready, only Tower 1 is open, so just 2 sizes of 750 sf and 1570 sq ft.
The SA quote me 1-13-5 at 677k and 1-22-5 at 704k, but I forgot this is gross price before discount or already net.

I like the high end condo 1+1 bedroom with small size and smaller balcony if possible, but I dislike this Park 2 layout because study room is separated by bath and powder room, the powder room too big for a unit of 750 sq ft.

I prefer Type B 933 sq ft because small size and 2+1 bedroom but only available at Tower 2, nobody call me since then.
*
Tower 2 is not opened for sales yet.

This post has been edited by derrickwan: Jan 8 2017, 12:51 AM
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post Jan 8 2017, 10:01 AM

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QUOTE(derrickwan @ Jan 8 2017, 12:39 AM)
Tower 2 is not opened for sales yet.
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was at the showroom yesterday and the sales guy said will be open in march
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post Jan 8 2017, 02:46 PM

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QUOTE(selinix @ Jan 8 2017, 10:01 AM)
was at the showroom yesterday and the sales guy said will be open in march
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What is the price?
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post Jan 8 2017, 11:30 PM

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QUOTE(nkhong @ Jan 7 2017, 11:45 PM)
I think the size should be 735sf. Plus the interest till 2021, i guess the cost to own this studio unit will be close to 1000psf.

Is this a good buy? I am afraid cannot rent out and have to hold for few years.
*
vp only in 2021? serious? sweat.gif

This post has been edited by wl_n: Jan 8 2017, 11:30 PM
From the star
post Jan 9 2017, 05:12 PM

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I think for investment might be ok...I am worried about the future traffic huh.gif huh.gif
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post Feb 6 2017, 01:20 PM

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block A, The selling price or s&p price will be around rm590k but after 7% rebate + rm5k cash rebate, ur actual purchase price is around rm543k for a 1023sqft unit with 2 car parks..

For a rm590k purchase, u only have to pay 3% and minus rm5k cash rebate which is rm17700 and minus another rm5k. Ur Downpayment is only rm12,700 for a rm590k unit price instead of rm59k (10%).

good to buy now? got that from agent watsapped me
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QUOTE(mobileapps @ Feb 6 2017, 01:20 PM)
block A,  The selling price or s&p price will be around rm590k but after 7% rebate + rm5k cash rebate, ur actual purchase price is around rm543k for a 1023sqft unit with 2 car parks..                       

For a rm590k purchase, u only have to pay 3% and minus rm5k cash rebate which is rm17700 and minus another rm5k. Ur Downpayment is only rm12,700 for a rm590k unit price instead of rm59k (10%).

good to buy now? got that from agent watsapped me
*
500++ psf?!? so cheap? I tot The Park Pavillion at least 700~800psf?
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post Feb 6 2017, 03:16 PM

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QUOTE(mobileapps @ Feb 6 2017, 01:20 PM)
block A,  The selling price or s&p price will be around rm590k but after 7% rebate + rm5k cash rebate, ur actual purchase price is around rm543k for a 1023sqft unit with 2 car parks..                       

For a rm590k purchase, u only have to pay 3% and minus rm5k cash rebate which is rm17700 and minus another rm5k. Ur Downpayment is only rm12,700 for a rm590k unit price instead of rm59k (10%).

good to buy now? got that from agent watsapped me
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Huh you okay bro?
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post Feb 6 2017, 03:51 PM

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QUOTE(mobileapps @ Feb 6 2017, 01:20 PM)
block A,  The selling price or s&p price will be around rm590k but after 7% rebate + rm5k cash rebate, ur actual purchase price is around rm543k for a 1023sqft unit with 2 car parks..                       

For a rm590k purchase, u only have to pay 3% and minus rm5k cash rebate which is rm17700 and minus another rm5k. Ur Downpayment is only rm12,700 for a rm590k unit price instead of rm59k (10%).

good to buy now? got that from agent watsapped me
*
this is not park 2 ....
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post Feb 6 2017, 08:14 PM

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QUOTE(mthc @ Feb 6 2017, 03:16 PM)
Huh you okay bro?
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This Might be havre
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post Feb 7 2017, 02:26 PM

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QUOTE(dz91 @ Sep 23 2016, 03:13 PM)
for now yes BJ got no international school nearby
But Tzu Chi got 1 big land near lai meng and they are planning to built Tzu Chi international school there
and dont forget MRCB bukit jalil garden city and TPU APM are all planning to expand and built more internation school
Dont forget there is IMU who provide almost all medical field courses and quite a number of foreginer are study there also
for what i feel BJ are lacking Hospital , especially private hospital
*
Do you know the exact location of Tzu Chi Int School?
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post Feb 7 2017, 02:55 PM

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QUOTE(mobileapps @ Feb 6 2017, 01:20 PM)
block A,  The selling price or s&p price will be around rm590k but after 7% rebate + rm5k cash rebate, ur actual purchase price is around rm543k for a 1023sqft unit with 2 car parks..                       

For a rm590k purchase, u only have to pay 3% and minus rm5k cash rebate which is rm17700 and minus another rm5k. Ur Downpayment is only rm12,700 for a rm590k unit price instead of rm59k (10%).

good to buy now? got that from agent watsapped me
*
this pricing sounds more like havre or paraiso or link 2 instead
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post Feb 7 2017, 04:20 PM

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QUOTE(kochin @ Feb 7 2017, 02:55 PM)
this pricing sounds more like havre or paraiso or link 2 instead
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FM Gor,

Do you know the exact location of Tzu Chi Int School?
Cocoon
post Feb 7 2017, 06:18 PM

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QUOTE(cheryee @ Feb 7 2017, 04:20 PM)
FM Gor,

Do you know the exact location of Tzu Chi Int School?
*
Being one of the Four Major Missions in the Tzu Chi Foundation, Education paves the way of every children’s future. For this reason, Tzu Chi International School, Bukit Jalil, Kuala Lumpur Campus is encapsulated.

Taiwan Buddhist Tzu Chi Foundation Malaysia (Kuala Lumpur & Selangor Branch) embarked on this journey to set up this school and as on today granted the license by Ministry of Education Malaysia to operate using English as the teaching medium.

Tzu Chi International School, Bukit Jalil offers Cambridge IGCSE curriculum with incorporation of Tzu Chi’s humanities courses and holistic education. We are aiming to produce students who is going to be the future leaders that poses global vision and more importantly good moral values and character.

As such we are seeking for your kind financial contribution to enable the construction of this school covering 7 acres of land in Bukit Jalil that is targeted to be completed in 2019. In conjunction with this we are also organizing the following Charity Golf 2016 for this good course.

Welcome to Tzu Chi Charity Golf 2016

http://www.daaigolf.com/default_eng.asp



dz91
post Feb 7 2017, 08:02 PM

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QUOTE(cheryee @ Feb 7 2017, 02:26 PM)
Do you know the exact location of Tzu Chi Int School?
*
i have no idea where is the exact location as tzu chi keep it very secretly
but my parent is 1 of the member claiming the location are very close to bukit jalil city

jorgsacul
post Feb 7 2017, 10:01 PM

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QUOTE(dz91 @ Feb 7 2017, 08:02 PM)
i have no idea where is the exact location as tzu chi keep it very secretly
but my parent is 1 of the member claiming the location are very close to bukit jalil city
*
Where empty lot around the area? Might end up inside tpm.?
Cocoon
post Feb 8 2017, 09:41 AM

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QUOTE(jorgsacul @ Feb 7 2017, 10:01 PM)
Where empty lot around the area? Might end up inside tpm.?
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cheryee
post Feb 8 2017, 04:27 PM

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QUOTE(jorgsacul @ Feb 7 2017, 10:01 PM)
Where empty lot around the area? Might end up inside tpm.?
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sweat.gif 7 acres how to end up in TPM? sweat.gif
cheryee
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QUOTE(dz91 @ Feb 7 2017, 08:02 PM)
i have no idea where is the exact location as tzu chi keep it very secretly
but my parent is 1 of the member claiming the location are very close to bukit jalil city
*
Any idea whether the construction has started?
jorgsacul
post Feb 8 2017, 04:56 PM

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QUOTE(cheryee @ Feb 8 2017, 04:27 PM)
sweat.gif  7 acres how to end up in TPM?  sweat.gif
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You been inside Tpm?
dz91
post Feb 8 2017, 05:31 PM

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Guys wherever the location will be, it still inside bukit jalil and definitely benefit bukit jalil city as Bjc not only be cbd of bukit jalil but also land mark for klang Valley south
Cocoon
post Feb 8 2017, 06:02 PM

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QUOTE(jorgsacul @ Feb 8 2017, 04:56 PM)
You been inside Tpm?
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I heard not this part of bj. Near kinrara.
Cocoon
post Feb 8 2017, 06:02 PM

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QUOTE(dz91 @ Feb 8 2017, 05:31 PM)
Guys wherever the location will be,  it still inside bukit jalil and definitely benefit bukit jalil city as Bjc not only be cbd of bukit jalil but also land mark for klang Valley south
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+ 1
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post Feb 14 2017, 04:26 AM

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This post has been edited by willyboy88: Feb 14 2017, 04:47 AM
willyboy88
post Feb 14 2017, 04:46 AM

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Just found this on the Malay Mail.

Based on the Malay mail is is going to be in between BJ and Bandar Kinrara 9
Thus, location marked with star is the most likely location.

http://epaper.mmail.com.my/2017/01/02/tzu-...school-by-2019/




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post Mar 13 2017, 12:49 PM

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QUOTE(derrickwan @ Jan 8 2017, 12:00 AM)
Size 750 sqf, around RM 900 psqf because higher floor more expensive. It's not a studio, it has 1+1 room. The price include Kitchen cabinet, fridge, toilet cabinets and sinks etc.
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Hi Before or after rebate?
CORBUSIER
post Mar 13 2017, 01:23 PM

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QUOTE(kwankit @ Mar 13 2017, 12:49 PM)
Hi Before or after rebate?
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How many has signed SPA?
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post Mar 15 2017, 08:09 AM

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any agent can pm me info on this project?

Thanks
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post Mar 15 2017, 10:45 AM

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http://schooladvisor.my/features/kingsgate...s-january-2018/
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post Mar 15 2017, 11:36 AM

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QUOTE(baibear @ Mar 15 2017, 10:45 AM)
this one bukit serdang side...
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post Mar 21 2017, 10:08 AM

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How the sale progress for Park 2 tower 1 and when will be tower 2 launch?
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post Mar 21 2017, 05:24 PM

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Hi, can SA pm me the package ?

Thank you!

This post has been edited by tianqi: Mar 21 2017, 05:25 PM
imsolifeless
post Mar 21 2017, 05:31 PM

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QUOTE(Khwong2017 @ Mar 21 2017, 10:08 AM)
How the sale progress for Park 2 tower 1 and when will be tower 2 launch?
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Waiting SPA signing, will decide soon
winghong
post Mar 27 2017, 03:30 PM

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Hi, can SA pm me the package please? Thank you.
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post Mar 27 2017, 09:17 PM

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Any agent . Pm me
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post Mar 28 2017, 06:03 PM

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Agent PM please.
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post Apr 16 2017, 09:26 AM

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Agent pls PM infor. Tq
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post Apr 30 2017, 08:03 PM

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QUOTE(DavidKool @ Jan 8 2017, 12:22 AM)
Huh, ok what, lower than what the agent quote me before. Strange.

Visited quite some time ago before the show room ready, only Tower 1 is open, so just 2 sizes of 750 sf and 1570 sq ft.
The SA quote me 1-13-5 at 677k and 1-22-5 at 704k, but I forgot this is gross price before discount or already net.

I like the high end condo 1+1 bedroom with small size and smaller balcony if possible, but I dislike this Park 2 layout because study room is separated by bath and powder room, the powder room too big for a unit of 750 sq ft.

I prefer Type B 933 sq ft because small size and 2+1 bedroom but only available at Tower 2, nobody call me since then.
*
How much does it cost 933sf?
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post Apr 30 2017, 08:09 PM

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Great location, sure buy if can afford ahaga
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post Apr 30 2017, 11:18 PM

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good location. good for own stay. if buy for investment, good luck.
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post May 1 2017, 01:06 AM

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QUOTE(LaBoost008 @ Apr 30 2017, 11:18 PM)
good location. good for own stay. if buy for investment, good luck.
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Good for own stay...so does it mean better demand on subsales?
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post May 1 2017, 09:59 AM

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smaller unit still able to sell like 933sf next time
mpigforever
post May 1 2017, 01:10 PM

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Any agent pls pm the available unit sizes, price & package tq
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post May 1 2017, 04:02 PM

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QUOTE(bf1119 @ May 1 2017, 01:06 AM)
Good for own stay...so does it mean better demand on subsales?
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limited buyers for own stay and overpriced. subsales cooler thn water.
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post May 1 2017, 04:17 PM

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QUOTE(mpigforever @ May 1 2017, 01:10 PM)
Any agent pls pm the available unit sizes, price & package tq
*
I don't rmb the project having agents marketing it, best is to go to their showroom and ask..
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post May 1 2017, 06:05 PM

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QUOTE(selinix @ May 1 2017, 04:17 PM)
I don't rmb the project having agents marketing it, best is to go to their showroom and ask..
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Exclusive agents more than what you know. LOL
Kicimiao66cc
post May 1 2017, 07:25 PM

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QUOTE(bf1119 @ May 1 2017, 06:05 PM)
Exclusive agents more than what you know. LOL
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Exclusive mean developer staff also can't sell?
golfphunk
post May 10 2017, 05:59 PM

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Any agent pls pm the available unit sizes, price & package tq
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post May 15 2017, 01:34 PM

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Park 2 so quiet, all sold out?
Win Win Inspiration
post May 15 2017, 03:10 PM

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QUOTE(MNet @ May 1 2017, 09:59 AM)
smaller unit still able to sell like 933sf next time
*
Would be really great if the 933sqft unit has 3 BR instead of 2BR.
Win Win Inspiration
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QUOTE(derrickwan @ Jan 7 2017, 10:49 PM)
I just place order for a unit at the Park 2 at 40 floor at the price RM 680K. Is this expensive? Is there any agent can offer discount :-P
*
That's nice, congrats mate for the nice purchase!
imsolifeless
post May 15 2017, 03:26 PM

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not yet sold out still got units
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post May 15 2017, 05:36 PM

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2nd block many units
Win Win Inspiration
post May 15 2017, 05:41 PM

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2nd block launched already?
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post May 15 2017, 07:39 PM

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not yet.
i
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post May 15 2017, 07:40 PM

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QUOTE(MNet @ May 15 2017, 07:39 PM)
not yet.
i
*
Approximately by when will that be launched?
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post May 16 2017, 03:56 PM

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QUOTE(accetera @ May 15 2017, 05:36 PM)
2nd block many units
*
Boss, then any updates on the mall ah? Bec i heard some said mall to become smaller, then change to become another phase or even more than 1 phases of high rise wor. Park 3 Park 4? Any clarification ah? whether there will be more high rise or they really under discussion?
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post May 16 2017, 07:16 PM

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park 2 max
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post May 17 2017, 03:40 PM

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QUOTE(ChuiChuiShui @ May 16 2017, 03:56 PM)
Boss, then any updates on the mall ah? Bec i heard some said mall to become smaller, then change to become another phase or even more than 1 phases of high rise wor. Park 3 Park 4? Any clarification ah? whether there will be more high rise or they really under discussion?
*
Ongoing.

The sales gallery will be demolished in coming months to makeway for the Mall.

The sales gallery will relocate into the Signature shops as by then it will be VP to owners.


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post May 17 2017, 05:41 PM

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QUOTE(accetera @ May 17 2017, 03:40 PM)
Ongoing.

The sales gallery will be demolished in coming months to makeway for the Mall.

The sales gallery will relocate into the Signature shops as by then it will be VP to owners.
*
Thanks for the reply boss.
blink.gif means the rumours is true? they ongoing in discussion for park 3 park 4? Hosei liao, this piece of land getting packed and packed jor..
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post Jun 19 2017, 09:39 AM

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QUOTE(ChuiChuiShui @ May 17 2017, 05:41 PM)
Thanks for the reply boss.
blink.gif means the rumours is true? they ongoing in discussion for park 3 park 4? Hosei liao, this piece of land getting packed and packed jor..
*
Wow Park 3 and Park 4?
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post Jun 19 2017, 09:54 AM

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QUOTE(Win Win Inspiration @ Jun 19 2017, 09:39 AM)
Wow Park 3 and Park 4?
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Ya wor boss, hearsay is like this, actual then not sure la, but then accetera also confirmed there is a ongoing discussion on the matter.
Win Win Inspiration
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QUOTE(ChuiChuiShui @ Jun 19 2017, 09:54 AM)
Ya wor boss, hearsay is like this, actual then not sure la, but then accetera also confirmed there is a ongoing discussion on the matter.
*
Thanks boss for sharing.
Hope to see more details on that soon.
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post Jun 19 2017, 07:29 PM

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park 2 is final
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post Jun 20 2017, 05:05 PM

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Parking
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post Jun 26 2017, 07:50 PM

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Still undecided between the park 2 vs diantus
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post Jun 26 2017, 09:45 PM

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QUOTE(MNet @ Jun 26 2017, 07:50 PM)
Still undecided between the park 2 vs diantus
*
I have never looked into the details of Diantus.
Shall study that too.
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post Jul 27 2017, 05:20 PM

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how's the progress of the mall? can open in 2018?
SUSMNet
post Jul 27 2017, 08:43 PM

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yeah in the progress
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post Aug 6 2017, 06:08 AM

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When the mall will open?
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post Aug 18 2017, 11:15 AM

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From today's The Star news, mall will begin operation in 2020.

Park 2 Tower 1 is 90% sold. Tower 2 is 70% sold.
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post Aug 18 2017, 09:12 PM

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tower 2 block B is not yet launch
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post Aug 19 2017, 11:25 AM

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QUOTE(sangmonyet7 @ Aug 18 2017, 11:15 AM)
From today's The Star news, mall will begin operation in 2020.

Park 2 Tower 1 is 90% sold. Tower 2 is 70% sold.
*
Kpkt website shows Tower 1 only 20% sold. confused.gif
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post Aug 19 2017, 11:55 AM

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QUOTE(Jdite @ Aug 19 2017, 11:25 AM)
Kpkt website shows Tower 1 only 20% sold. confused.gif
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how to check? can teach?

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post Aug 20 2017, 12:24 PM

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QUOTE(Jdite @ Aug 19 2017, 11:25 AM)
Kpkt website shows Tower 1 only 20% sold. :confused:
*
Would like to learn how to check the figures on the site. smile.gif

Well it is of a norm for developer to claim that ALL SOLD. biggrin.gif
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post Aug 20 2017, 01:10 PM

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its marketing gimmick.
if u show them the gov data, they will say the website is not yet update.
what is the price of new tower?
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post Aug 20 2017, 02:13 PM

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anyone has the progress photos for Pavilion 2
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post Aug 20 2017, 03:27 PM

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how to fully sell out?

no bumi quote ke?
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post Aug 22 2017, 05:07 PM

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70% sold for Tower 1... the rest in process of loan and signing SPA.
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post Aug 22 2017, 08:10 PM

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they did not renew their hosting
so cheapskate

user posted image
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post Aug 25 2017, 03:53 PM

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visited the gallery last month, very disappointed. The largest dua key unit feel so small. Many units still available, market is too soft.

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