How much rental can be commanded in Klang?

It is not hard to gauge. Because not much of demand lol.

Local pahsang prefers to stay in landed and until recently, just few high rises been built and primarily near the hokkien association there.

This TRIO land... it was been on hold for so long simply because no demand. Now SPSetia wan to relaunch due to the catalyst from LRT3.

What is your rational of above? First of all, pahsang is consist of factories and SME industries where most workers are not exactly highly paid. Who will buy all these high end high rises or rental from investors/ landlords? As you mention, not a single highend highrise so far in pahsang.

Some of the better and proven location also struggle to breakeven. Even is SPSetia wants to sell at RM500psf, good luck to the buyers if they plan to buy for investment.

Premium retails in botanic? you mean the GM wholesale? Even the Botanic Business Gateway, it's been VP-ed like 3-4years. But judging the crowds and occupancy where just the main frontage shops is well occupied even with GM and Aeon with close proximity. I think the rest of the business parks will take another few more years to see any booming. Those owners that been holding empty since developer time, good luck to them.

If there is demand, spsetia will not hold the launches of this piece of land for so long. Yes pahsang lang memang kaya and willing to buy rm550psf high end high-rise for fun and hold empty or for kids. However it seems that spsetia is even struggling to sell their setia city residences.
Many high end condos can breakeven.. but definitely not in pahsang if developer want to sell at rm500psf for proper 3bedrooms 1000sf.
Those shoplots with aeon frontage considered as premium retail? I passed by on almost few weeks basis but didn't feel any premium attach to it. For commercial shoplot on this part of pahsang, ppl still prefer BBT part than this botanic part... those botanic shoplots inner part... do not think will get better soon due to crowds prefer BBT...

According to Babizz.... there are many rich pahsang who buy and can afford to hold empty or buy for kids.

But question to you if you are wearing investor cap.. are you one of them? or buy to let or flip type?

BTW... according to KPKT website... just sold 50%. After launched for 1.5years? Considered good sale?

http://idaman2.kpkt.gov.my:8888/idv5/98_eH...EAD%20RESIDENSI

I do not know Babizz is right or not.. unless he claimed he has carried survey on the buyers.. Otherwise it is just.. words from mouth.



This post has been edited by gks: Jul 15 2016, 12:00 AM

who was the one claimed the lead was having good sales?

Hehe another theory of rich local lang bbb and leave it empty or for children.

If I am rich local lang... I will buy where the return is highest doesn't matter in semenyih, ijok, pj or kl. Why restrict the area to get the most return?

You mean.... they are willing to buy overpriced properties in klang rather than other area in okr, puchong, pj, kl, Damansara?

I dun believe they are rich by sheer of luck.. they are rich because they are capable and know where to get highest return from their monies.

Yes.... some... but trio.. gravi8.. total maybe 1.5-2k units?

Can find so many of these buyers... eventually the developers will look out from local dragon market

I am just referring to forumner posting that rich pahsang lang buy few units for empty or for children.

If you buy for own use.. as long as you like it and can afford it....

This post has been edited by gks: Jul 18 2016, 01:12 PM

has anyone check the rental rate for condominium in Klang or this part of Klang?

So far SPSetia has been disappointing with their commercial development and even their Taipan Setia Alam and Setia Walk...
Furthermore this Trio is sandwiched between the Aeon and BBT1... and i believe the scale is way too small to have meaningful competition with any of the existing commercial. Prospect buyers need to question SPSetia's commitment to drive this project.
Even SPSetia has been doing poorly in their flagship Setia Alam commercial project Trefoil and poor take up of the Setia city Residences. With this Trio.... where the land had been left idled for so long even during the boom time 2010-2012, i believe not much of the upside even with the potential of LRT. There are so many LRT projects with much better location and potential compared to this Trio.
Even for rental, i doubt anyone willing to spend anything more than RM1k to rent here and work somewhere else. Even with ppl who work in Shah Alam and Glenmarie, there are plenty of choice of accommodation.

The facade is very medium cost feel. And seems to be high density. IMO this Trio is way overpriced for the location.

Trio sales status from KPKT


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Let's revisit in 6 months or 12 months.

I doubt the figure can move that much..if the sales were good, they already open new blocks to public for sale and not still keeping it.

Just realize Trio was opened for booking towards end of 2016 and so far after more than one year.... Only one block opened for sale?

As per your request...

Kindly share your comment.


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256 units in May.2018 versus 247 units sold in January.18

Awaiting for Babizz for his comments and analysis..