Excellent management.  One of the better developments by Tan n Tan I think

no unit for sale at run-horse condo, was looking casually at this projek years back.
i agree! horse-run condo is no horse run one. but got news of en bloc sale or not?????
until today i don't see any KL condo enbloc. they should change the rule, 80% majority agree can already.

the land very big, the land price very high. worthy investment for long long term. the land is worth more than the building on it now. there are only 100 owners, land size is 7 acres. so roughly each owner sitting on 3049 sft of LAND on KLCC. how much is residential land transacted around KLCC? 2k-3k psf?
assuming there are 90 2000sft units, at 1k psf, thats 2m x 90=180m
and 10 800 sft units, thats 8m
total 188m to buy up everyone.
factor in redevelopment costs. 500-700 psf of revised GFA?
then redevelop into 400-500 unit condo, sell at 2k psf of raised GFA.

is it a gold mine? you tell me.

buy FREEHOLD old condo that is well maintained in superb location with low density - value investing.  if i told you i sell you this piece of land, the building on it (still can stay) is FREE. is it good?

back to u, since u brought up horse-run condo, give my 2cents.
what is the plot ratio at that site, do u know? because KL masterplan and zoning, i don't have the data on hand.
if angelatby say Plot ratio is 8 or 10, wow! even more of gold mine.

But why China property pricing still rocket high even all the land use only 70yrs?

wah rm400psf 15 years back consider high not?

Yes. Overseas non local owner.

Most probably they no longer got any dealing here in Malaysia and head back to their own country already. Maybe.

Got Iranian owner of Villa Wangsamas unit at the auction hall before. He owned 2 units. Both enter lelong. First unit sold like 6 months earlier than the other unit coz under different bank. He attended the 2nd unit auction just to see how much the sold price. Very rare to see the owner of lelong unit very happy indeed his unit got sold via auction. Terbalik than usual. Yes he no longer staying here. Came back just to collect the money from his first unit.

Loan agreement of the 5 recent lelong units all signed in year 2010 or before. 2 foreign owners. 3 local owners.
Not sure bought direct from developer after project completed. Or bought through the 1st owner flipping after the project completed.

Seri Maya not that new. Those who bought 10years ago would have gained even with current  auction prices and current rental can cover mortgage (I know of one unit which was renting 4k  a month  at that time) So when were these units bought?

attractive yield but probably need some maintenance at this aged building and also limited upside for capital appreciation considering the age again, and the generous oversupply in nearby jalan ampang

at 10 years old most condo units interior due for refurbishment. not very likely to get a newly renovated unit in lelong.

sorry to burst your bubble but carpark isnt that big a deal if you are familiar with this condo and its surroundings ie kampung warisan, one jelatek punya tenant profile. many carless or 1 car expat families.