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Investment TRION KUALA LUMPUR, JALAN SUNGAI BESI, Triple Towers: The Dazzling Urban Centre

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icemanfx
post Mar 6 2016, 01:38 AM

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jolokia more supply coming, BBB!

icemanfx
post Dec 22 2018, 04:16 AM

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QUOTE(viCtory- @ Dec 22 2018, 03:04 AM)
I actually do review binastra past project. Their workmanship really impress me. 90% look the same from artist impression with completed project. So after the agent brief me for this project I immediate place booking, since they are not going to bank in the cheque untill official launch.
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Florist praising his flowers.

icemanfx
post Jan 14 2019, 11:33 PM

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QUOTE(reychow @ Jan 10 2019, 05:52 PM)
hmmmm...you heard from which agent say?
It's only 1344 residential unit + 235 hotel unit + 38 retalis. 2k is parking~~~
And the 1k sqft is 3R3B. The surrounding is currently is surrounding by factory but future most of the industry land will transfrom into commercial land.
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Residential could build on commercial land mean many supply in the area.
icemanfx
post Jan 15 2019, 04:53 AM

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QUOTE(reychow @ Jan 15 2019, 12:50 AM)
it can be a condo, shopping mall or hotel ma~~ let's see TRX can success or not.
But read from news TRX apartment gonna launch on july
Heard from one residence agent said akisama will build hotel & shopping mall~
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As if there is a shortage of condo, shopping mall and hotel in kv. More apartment mean more supply i.e competition.

This post has been edited by icemanfx: Jan 15 2019, 04:57 AM
icemanfx
post Jan 15 2019, 08:36 AM

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QUOTE(flight @ Jan 15 2019, 07:12 AM)
I think those betting chan sow lin area will have more development should think twice. Oversupply and lack of demand means developers r less likely to launch newer developments. The developments u r seeing right now will probably be the only developments in the upcoming years. After completion it will also need a few years to fill up
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If this developer could launch under present over supply circumstances, why other developers are less likely?
icemanfx
post Jan 15 2019, 11:58 PM

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QUOTE(reychow @ Jan 15 2019, 09:11 PM)
5 year later , anything could happen. Nowadays condo built up need time to fill up at least 2-3 year full.  Developer will never stop building anyway.
Nowadays akisama also "top tier" ad...
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According napic, many condo still have units available a few years after launched and vped. how long will current overhang is consume?

QUOTE(brogress @ Jan 15 2019, 09:14 PM)
Akisama has a condo at CSL called One Residences nearby Trion. I stand by my opinion that the showroom was pretty darn nice and location definitely nearer to CSL LRT/MRT2 than Trion.

Didn’t know they are running hotel/ mall too. Where is this?
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Which developer's showroom is substandard and not nice?

This post has been edited by icemanfx: Jan 16 2019, 12:11 AM
icemanfx
post Jan 19 2019, 05:55 PM

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QUOTE(Prop Wong @ Jan 19 2019, 04:12 PM)
CSL is one of the last prime land within tier 1 of KL, within 5km from KLCC. Transformation from industrial to commercial land use as per KL City Plan 2020. But I think TRION will be the catalyst development for CSL area. The unique of TRION is its direct access from Sungai Besi highway, Iconic 66 Sty Skyscrapper of KL Skyline, Mercure Hotel hospitality, retail units to cater for neighborhood needs and developed by a branded developer.  Near to MRT/LRT Chan Sow Lin station. This project really good for investment. My 2 cents only
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Last prime land within 5km from klcc? 5km radius is about 78.5 km2. Land couldn't be redevelop like bbcc, trx, bandar Malaysia, Unilever bangsar, pnb 118, equatorial plaza, etc.

Has NYC, London, Shanghai, Beijing, Chongqing, sg, HK, etc run out of development?
icemanfx
post Jan 24 2019, 02:37 PM

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QUOTE(elsontan9 @ Jan 24 2019, 02:21 PM)
Another BBB project..
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Napic property overhang is fake news.
icemanfx
post Feb 15 2019, 02:23 PM

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QUOTE(kenty @ Feb 7 2019, 12:30 PM)
That is just the construction site of the tunnel as per my understanding.
May you post the official drawing here? Appreciated.
This is the station drawing as far as i know. I don't see any underground walking path to the tunnel construction site.
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QUOTE(reychow @ Feb 15 2019, 01:19 PM)
Tak ada underground walking tunnel la  sweat.gif
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Typical empty promise by s.a.

icemanfx
post Feb 23 2019, 10:51 AM

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QUOTE(aaron1717 @ Feb 23 2019, 10:42 AM)
Yea they occupied certain floors only.... But still separate by solid wall back to back.... Because they need independent stuffs on their own... Can't share with resi
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Fire protection for residential and hotel is different and bomba is unlikely to approve separate system on same floor. sure developer is willing to spend additional on residential and double number of escape route? beside m&e cost for hotel per room basis would be significantly more expensive.

icemanfx
post Feb 23 2019, 11:15 AM

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QUOTE(aaron1717 @ Feb 23 2019, 11:10 AM)
thats why this development is not cheap currently... there's a reason to the pricing... if they does not do it this way... they would have selling it around 600psf jor....  rclxms.gif  rclxms.gif
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This is like placing the cart in front of horse.

Also mean difficult for hotel operator to break even.

icemanfx
post Mar 13 2019, 01:30 PM

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QUOTE(Jacky yong @ Mar 13 2019, 12:54 PM)
I personal suggest you go for dual key unit la if you are looking at investment purpose. I guess middle height should be good enough for you. not too high

Hahaha you can use the app call property financing tool to calculate
Or you can calculate by combining all your commitment to bank divide your total income times 100
So long your number is not exceed 70 it is consider okay
But still depends on bank
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In some oecd countries, 30% dsr is considered stretched.
icemanfx
post Apr 21 2019, 06:59 PM

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PETALING JAYA (April 20): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin praised the doubling of affordable housing under the revived Bandar Malaysia project, reports Malaysiakini.

The announcement about the Bandar Malaysia revival by Prime Minister Dr Mahathir Mohamad yesterday was that the former air force base in Sungai Besi being developed into Bandar Malaysia would be reinstated, with some alterations to the initial plans.

A total of 10,000 units of affordable homes will be required to be built, double the initial number which was 5,000.

"The government's decision to have 10,000 units of affordable homes in Bandar Malaysia is a very good move, considering that the real estate at the location is of high value," Zuraida was quoted saying.

https://www.edgeprop.my/content/1514518/zur...-very-good-move

There will be competition in rental market.

icemanfx
post May 8 2019, 09:22 PM

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QUOTE(BEANCOUNTER @ May 8 2019, 09:11 PM)
Wonder how they shared the maintenance cost...

Must say trion bos banyak pandai. Run a hotel and let residents pay for cost.
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They will likely claim hotel operations is subsidizing residents, residents should be grateful.

icemanfx
post May 8 2019, 11:01 PM

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QUOTE(alexgooi89 @ May 8 2019, 10:55 PM)
Mercure Hotel have their own facilities . Residential and hotel facilities is separate.
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No subsidy from hotel operation?

icemanfx
post May 20 2019, 11:28 PM

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QUOTE(Asali @ May 20 2019, 08:03 PM)
rclxms.gif
Does that mean developer making use of bulk purchase list to show and gain Banks support to sell future price?
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QUOTE(DesRed @ May 20 2019, 11:00 PM)
Possibly, but not sure what the banks have to do with this.

So let's say if I sell my current property at a higher price than what the bank(s) values it? What can the bank(s) do? Nothing.
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In the past, banks just followed whatever new launch price developers set. however, some banks have lately asked for valuers report before decide ltv to new launch.

vendors can sell at any price at his whim and fancy but buyer could only obtain loan approved by bank.

This post has been edited by icemanfx: May 20 2019, 11:53 PM
icemanfx
post May 26 2019, 01:18 AM

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QUOTE(BEANCOUNTER @ May 25 2019, 10:57 PM)
In foreign countries especially those developed countries you will be lucky to own yr house, dun even need to talk abt investment properties.

Those that can afford to get investment properties are far and between. And those that can have investment property yet got time to manage lagi far and between.

Whereas in malaysia, ppl can easily have 1, 2 or even 10 to 20 investment properties.

Unless you bored throught yr brain and have nothing better to do during yr free time or you always fancy to dress up as cleaner and feather dusting yr beloved properties.....most are just left w airbnb operators provided owner can either partially or fully meet their financial obligation.

Needless to say; most airbnb in malaysia is furnished to bare mininum.....and according to ny fren, the operator even told him clothes washer is not a necessary items....what the hell.....
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Mean many bought for speculation.

Believe many went into Airbnb because of poor rental demand. Except limited areas, most Airbnb are unlikely be worthwhile.

This post has been edited by icemanfx: May 26 2019, 01:27 AM
icemanfx
post Jun 4 2019, 10:26 PM

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QUOTE(FRIEND2 @ Jun 4 2019, 09:47 PM)
I heard there will be an underground walkway to the mrt or lrt station (not sure). Is there any? Wish to clarify...
icon_question.gif  icon_question.gif  icon_question.gif
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Will be equipped with walkalator/autowalk.
icemanfx
post Jun 5 2019, 09:01 AM

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QUOTE(FRIEND2 @ Jun 4 2019, 10:50 PM)
Mind to share the link of walkalator/autowalk?
Thanks.
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You expect s.a to post developer's internal documents?

icemanfx
post Nov 2 2019, 07:52 AM

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QUOTE(agusid @ Nov 2 2019, 06:03 AM)
What is the take up rate for Trion, how many % sold? Any picture on the sale board?
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Only limited units available.


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