Title and cp also TBA....what lah....
Land title is commercial lah...

Spa is non schedule unless revised.

If revised ro sch h....not enuf carpark lots already.

700 to 800mtr to both ampang and klcc lrt.

Not sure abt mrt2.

The payment schedule of this project is status with claim upon stage completion , but not claim upon commence but that is not under schedule H,
for the land title is fully commercial and also leasehold land tenure, after completion will start from 96years

When is the official launch?

After GE i think

31.03 and 01.04 official launch. already received invitation card

I've run about 80 airbnbs in the city center and trust me when I say, there's no way in heck they're gonna get that kinda rates. If you think about it, the ibis hotels right opposite will be running for a 4 star rate. I would imagine the fees that they will charge is going to be about the 280-400 mark.

How would the project be able to hold a market rate of 320 without the facilities of a hotel? Realistically I would say that they will be running a rate of about 170-230 a night. Which would mean it gets about 200 a night @ 75% occupancy. That means the owner gets about 2,400 a month ( optimistically). Which still isn't horrible considering he gets about 4.8% per annum. I don't mean to be a pessimist but rather a realist.

Thought this is just a preview / pre-launch to current purchasers or invited guests? and not exactly an official launch? pls correct me if i am wrong

I received too and thought of going there for the good food will see as it is in downtown KL

I will skip this project and wait for their next project (anyone know where and when wil be the next project?)

Thanks for info !

why not buying SS then?

SS mean?

Summer suitez

If you're talking about Exsim next project. I think most likely in Puchong.

Puchong? oh!! any specified / rough locations?

Sifu what do you think about the rental charges for Sentral Suites in 2021 when it’s completed?

I think is some where around Jalan puchong

Exsim project good meh?

Very informative Thanks

Not sure as this is my first property with Exsim, from other projects review, seems not good. Will see when VP later.

My previous nightmare was the developer of wxtxr city. Invested few and it's getting bad so no more from them.

They want to build something better than face platinum (to be confirmed)

Selling 1.4k psf not easy

To break the normal rate per day 170 to 230 in KL city for short term or home stay not easy (Thanks for the info @ragzs)

Hi all Masters / Sifus,

Based on the sampling that I got it from Booking.com, the room rate for 1 room apartment (Superior Apartment), based on Check-In Date: 2 Apr and Check-Out Date: 3 Apr (weekday) is RM360. If I specify it the check-in date on 7 Apr and check-out date on 8 Apr (weekend), the room rate is RM440. Then, I also check out with Fraser Residence, KL, the room rate for a studio unit is RM345 per nite for both 7-8 Apr (weekend) and 2-3 Apr (weekday).

However, there are some of the KLCC properties are charging within RM150 to RM230 per nite. For example, for Vortex Suite, the room rate for a single room apartment suite is only RM159 per nite on 2-3 Apr (weekday) and RM181 per nite on 7-8 Apr (weekend). For Summer Suite, the room rate for studio apartment is only RM192 per nite on 2-3 Apr (weekday) and RM232 per nite on 7-8 Apr (weekend).

Note: i have also found out these sample properties that I do comparison are high in demand based on "few units left" indicator displayed in Booking.com when I search these properties. I think it is still best to follow the industry standard occupancy rate within 65% to 70%.

Correct if I'm wrong, based on this observation, I assume that the the room rate pricing depends on how the hotel operator positions the property (product) in the market. At present, I'm still in the dilemma if I shall invest on Scarletz as I don't know if Scarletz is built to be similar or better than Platinum Suites and/or Fraser Place residence. I hope I can get advice from all masters / sifus and experienced investors.

Cheers