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.

If 8lift will be super premium to serve not more than 12units per floor..

Look like very well design.
Anyone got the indicative psf???

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....

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...

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....

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...

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.

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.

Also interested to kNow.

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....😆

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

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.

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

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....

Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍

Huge mall front,
Large park back.
Look like the only one in Malaysia at this moment....