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Investment Scarletz @Jalan Yap Kwan Seng, Affordable Luxury Property in KL Centre

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TSHPRS
post Jan 23 2018, 12:33 AM, updated 8y ago

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Confirmed Info
Scarletz by Exism Developer
RM 650k onward
Leasehold
Title (TBA)

3 types
450sf
Dual Key
550sf
575sf


1 Block and Total 592 units and Parking(TBA)

This post has been edited by HPRS: Jan 25 2018, 02:32 PM
Hunakadoo
post Jan 23 2018, 01:07 AM

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QUOTE(HPRS @ Jan 23 2018, 12:33 AM)
Confirmed Info
Scarletz by Exism Developer
RM 650k onward
Leasehold
Title (TBA)

3 types
450sf
550sf
575sf
1 Block and Total Unit and Parking(TBA)
*
so the building will be red color ? lol
SUSempatTan
post Jan 23 2018, 01:23 AM

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Oh, I c d z ...
Voldermort
post Jan 23 2018, 08:16 AM

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QUOTE(empatTan @ Jan 23 2018, 01:23 AM)
Oh, I c d z ...
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where is the exact location?
anyway, parking here
TSHPRS
post Jan 23 2018, 09:10 AM

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QUOTE(Hunakadoo @ Jan 23 2018, 01:07 AM)
so the building will be red color ? lol
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Will be outstanding if the building is red. brows.gif
TSHPRS
post Jan 23 2018, 09:10 AM

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QUOTE(Voldermort @ Jan 23 2018, 08:16 AM)
where is the exact location?
anyway, parking here
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Exact location TBA wink.gif
gks
post Jan 23 2018, 11:39 AM

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QUOTE(HPRS @ Jan 23 2018, 12:33 AM)
Confirmed Info
Scarletz by Exism Developer
RM 650k onward
Leasehold
Title (TBA)

3 types
450sf
550sf
575sf
1 Block and Total Unit and Parking(TBA)
*
For the absolute price.. I think very attractive for proper KLCC.

If comes with proper sch H and one carpark, it is quite an attractive proposition. Most likely one of the most affordable launches within KLCC vicinity for past few years.
Buckscoffee
post Jan 23 2018, 12:07 PM

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buy buy buy??
ChuiChuiShui
post Jan 23 2018, 03:06 PM

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last time rumors 500k to become 650k? before or after rebate?
nexona88
post Jan 23 2018, 05:47 PM

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Pricing quite good
If really KLCC vicinity rclxms.gif

BBB 💪
BEANCOUNTER
post Jan 23 2018, 06:06 PM

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QUOTE(nexona88 @ Jan 23 2018, 05:47 PM)
Pricing quite good
If really KLCC vicinity rclxms.gif

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How do you defined vicinity of klcc?
What is the radius?
nexona88
post Jan 23 2018, 06:39 PM

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QUOTE(BEANCOUNTER @ Jan 23 2018, 06:06 PM)
How do you defined vicinity of klcc?
What is the radius?
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Around 5KM 😁
goodtrading123
post Jan 23 2018, 07:04 PM

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Is this beside Megan Avenue II?


truly_malaysian
post Jan 23 2018, 07:42 PM

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QUOTE(nexona88 @ Jan 23 2018, 06:39 PM)
Around 5KM 😁
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5km radius mean the whole city of Kuala Lumpur is within KLCC vicinity, below 1km then I think ok, just my opinion

This post has been edited by truly_malaysian: Jan 23 2018, 07:44 PM
BEANCOUNTER
post Jan 23 2018, 07:49 PM

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QUOTE(nexona88 @ Jan 23 2018, 06:39 PM)
Around 5KM 😁
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Might as well buy dutamas
nexona88
post Jan 23 2018, 08:14 PM

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QUOTE(truly_malaysian @ Jan 23 2018, 07:42 PM)
5km radius mean the whole city of Kuala Lumpur is within KLCC vicinity, below 1km then I think ok, just my opinion
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Well happy if really below 1km from KLCC.. And get 650k pricing...
Please tell me if have any units 🙏
trust4you
post Jan 23 2018, 08:23 PM

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QUOTE(nexona88 @ Jan 23 2018, 06:39 PM)
Around 5KM 😁
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Bro... Rica residence is 5km from klcc, freehole lagi.. 5.2km to be exact smile.gif
TSHPRS
post Jan 23 2018, 11:39 PM

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QUOTE(ChuiChuiShui @ Jan 23 2018, 03:06 PM)
last time rumors 500k to become 650k? before or after rebate?
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How many months/ years back?
TSHPRS
post Jan 23 2018, 11:42 PM

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QUOTE(truly_malaysian @ Jan 23 2018, 07:42 PM)
5km radius mean the whole city of Kuala Lumpur is within KLCC vicinity, below 1km then I think ok, just my opinion
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It should be less than 1.5km (I guess). BTW, the exact radius will update tomorrow.
propertybuddy
post Jan 24 2018, 01:06 AM

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the pricing tak boleh jalan
Quang1819
post Jan 24 2018, 09:22 AM

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QUOTE(nexona88 @ Jan 23 2018, 08:14 PM)
Well happy if really below 1km from KLCC.. And get 650k pricing...
Please tell me if have any units 🙏
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Hm... Embassy row counted?
gks
post Jan 24 2018, 09:25 AM

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This Scarlets not located at Jalan Yap Kwan Seng?
limwc78
post Jan 24 2018, 03:56 PM

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This quite close to Star Residence, if Star residence sell at RM 2000 psf? If yes, then Exsim project sell at RM 1400 psf is really acceptable.
limwc78
post Jan 24 2018, 04:02 PM

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Royce Residence in JAlan Yap Kwan Seng already RM 2000 psf but is freehold.
nexona88
post Jan 24 2018, 06:27 PM

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So much agents spam PM me about this project cry.gif

anyone else also same...
TSHPRS
post Jan 25 2018, 11:55 AM

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QUOTE(nexona88 @ Jan 24 2018, 06:27 PM)
So much agents spam PM me about this project cry.gif

anyone else also same...
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Haha... means like you are potential client. LoL
nexona88
post Jan 25 2018, 11:57 AM

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QUOTE(HPRS @ Jan 25 2018, 11:55 AM)
Haha... means like you are potential client. LoL
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Maybe desperate for sales 😂
bytan9009
post Jan 28 2018, 08:28 AM

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QUOTE(gks @ Jan 24 2018, 10:25 AM)
This Scarlets not located at Jalan Yap Kwan Seng?
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yes. jln yap kwan seng
BEANCOUNTER
post Jan 28 2018, 09:20 AM

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QUOTE(bytan9009 @ Jan 28 2018, 08:28 AM)
yes. jln yap kwan seng
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must be the former Expressionz sales gallery site I guess.
Vector88
post Jan 28 2018, 10:07 AM

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Is this plot of land the only leasehold land among the surrounding plots ? Seems like Star Residence, Hamsphire, Mirage, Taragon Puteri YKS etc are all FH ? Anyone can verify this ?
TSHPRS
post Jan 28 2018, 10:30 PM

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QUOTE(BEANCOUNTER @ Jan 28 2018, 09:20 AM)
must be the former Expressionz sales gallery site I guess.
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Yup. But is not ready yet to walk in.

This post has been edited by HPRS: Jan 28 2018, 10:30 PM
I like to invest
post Jan 29 2018, 08:32 PM

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Have some info for this project location will be on beside of Royce residence
The car park there
BEANCOUNTER
post Jan 29 2018, 09:08 PM

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QUOTE(I like to invest @ Jan 29 2018, 08:32 PM)
Have some info for this project location will be on beside of Royce residence
The car park there
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Sovo i bet.....
I like to invest
post Jan 30 2018, 10:36 AM

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QUOTE(BEANCOUNTER @ Jan 29 2018, 09:08 PM)
Sovo i bet.....
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450sqft will be 1bedroom and studio
550sqft -575 sqft is dual key
BEANCOUNTER
post Jan 30 2018, 10:43 AM

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QUOTE(I like to invest @ Jan 30 2018, 10:36 AM)
450sqft will be 1bedroom and studio
550sqft -575 sqft is dual key
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if its SOVO/FO/Suites....its illegal to promote as bedroom.

so you mean this project is HDA schedule H project?
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post Jan 30 2018, 05:19 PM

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QUOTE(BEANCOUNTER @ Jan 30 2018, 10:43 AM)
if its SOVO/FO/Suites....its illegal to promote as bedroom.

so you mean this project is HDA schedule H project?
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It is non HDA project cause it is fully commercial project
But for the schedule of payment will be implement so that the buyer know what is the stage and how much should there pay for it~
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post Jan 31 2018, 10:46 AM

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Thaipusam day ~
Everyone here busy with thaipusam ?
mroys@lyn
post Feb 1 2018, 12:54 PM

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i received mgs said 10mins walking distance from klcc. Can't be >5km, that's running distance.
LoTek
post Feb 1 2018, 01:08 PM

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You'll be surprised at advertising slogans. If I could "throw stones"like what they claim, I'd be an Olympic medalist.
mmzoo
post Feb 1 2018, 02:03 PM

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Interesting , Any agent here? PM me..

3clicks
post Feb 1 2018, 03:13 PM

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I got the details from SA too. It is 1 block of office suite -
604 units, will be launching soon.
mmzoo
post Feb 1 2018, 03:21 PM

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QUOTE(3clicks @ Feb 1 2018, 03:13 PM)
I got the details from SA too. It is 1 block of office suite -
604 units, will be launching soon.
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How big is the land ? drool.gif

BEANCOUNTER
post Feb 1 2018, 04:07 PM

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Duta park rite?
Kirana13
post Feb 1 2018, 05:07 PM

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QUOTE(mroys@lyn @ Feb 1 2018, 12:54 PM)
i received mgs said 10mins walking distance from klcc. Can't be >5km, that's running distance.
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Speed like Olympic champion. Hahaha
mmzoo
post Feb 1 2018, 06:26 PM

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If its located at Jalan Yap Kwan Seng , then the distance to klcc should be around 1km only lar.. thumbup.gif
I like to invest
post Feb 1 2018, 06:31 PM

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QUOTE(mroys@lyn @ Feb 1 2018, 12:54 PM)
i received mgs said 10mins walking distance from klcc. Can't be >5km, that's running distance.
*
It 700m away
I like to invest
post Feb 1 2018, 06:32 PM

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QUOTE(mmzoo @ Feb 1 2018, 03:21 PM)
How big is the land ? drool.gif
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Get to know after visiting the showroom with the SA is around 0.8arces
The SA share me with all the slide also
propertybbb
post Feb 1 2018, 11:30 PM

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QUOTE(I like to invest @ Feb 1 2018, 07:32 PM)
Get to know after visiting the showroom with the SA is around 0.8arces
The SA share me with all the slide also
*
47 pages slide available everywhere la...btw this is office suites....unit per carpark ratio is bad haha

This post has been edited by propertybbb: Feb 2 2018, 12:00 AM
TSHPRS
post Feb 1 2018, 11:36 PM

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QUOTE(LoTek @ Feb 1 2018, 01:08 PM)
You'll be surprised at advertising slogans. If I could "throw stones"like what they claim, I'd be an Olympic medalist.
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Haha... What to do.. People only pay attention and memory 'exaggerate' thing...
TSHPRS
post Feb 1 2018, 11:36 PM

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QUOTE(propertybbb @ Feb 1 2018, 11:30 PM)
75 pages slide available everywhere la...btw this is office suites....unit per carpark ratio is bad haha
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What do mean parking ratio? Curious~
propertybbb
post Feb 1 2018, 11:44 PM

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QUOTE(HPRS @ Feb 2 2018, 12:36 AM)
What do mean parking ratio? Curious~
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No of carpark lots vs no of unit....22x vs near 600 units

This post has been edited by propertybbb: Feb 1 2018, 11:46 PM
BEANCOUNTER
post Feb 2 2018, 12:30 AM

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Yes bcoa its opis suite there is no compulsory guideline to provide min 1cp for each unit.

I also dunno where to park cars off road there. At least 800mtr walkimg to the nearest train station.....

Boss of the opis suites also difficult to secure car parking.
TSHPRS
post Feb 2 2018, 02:09 AM

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Exism has an excellent reputation. I believe they will come out solutions to solve it. hmm.gif
BEANCOUNTER
post Feb 2 2018, 07:50 AM

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QUOTE(HPRS @ Feb 2 2018, 02:09 AM)
Exism has an excellent reputation. I believe they will come out solutions to solve it. hmm.gif
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Solution?

Perhaps they can only sell to buyers with no cars or have no intention to get car in future.
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post Feb 2 2018, 08:12 AM

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QUOTE(propertybbb @ Feb 1 2018, 11:30 PM)
47 pages slide available everywhere la...btw this is office suites....unit per carpark ratio is bad haha
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Hahahah 47 pages why not more 😂😂😂
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post Feb 2 2018, 08:14 AM

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QUOTE(BEANCOUNTER @ Feb 2 2018, 12:30 AM)
Yes bcoa its opis suite there is no compulsory guideline to provide min 1cp for each unit.

I also dunno where to park cars off road there. At least 800mtr walkimg to the nearest train station.....

Boss of the opis suites also difficult to secure car parking.
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Nearest train station 🤔🤔🤔
BEANCOUNTER
post Feb 2 2018, 08:17 AM

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QUOTE(I like to invest @ Feb 2 2018, 08:14 AM)
Nearest train station 🤔🤔🤔
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Mrt lrt monorail ktm are all trains lah.....
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post Feb 2 2018, 02:11 PM

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QUOTE(BEANCOUNTER @ Feb 2 2018, 08:17 AM)
Mrt lrt monorail ktm are all trains lah.....
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Then klcc is the nearest station
Soon mrt line 2 klcc east will be far abit
BEANCOUNTER
post Feb 2 2018, 03:15 PM

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QUOTE(I like to invest @ Feb 2 2018, 02:11 PM)
Then klcc is the nearest station
Soon mrt line 2 klcc east will be far abit
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800 to 900mtr imo is NOT walkable in KL without covered walkway with or without airocnd.

coupled with almost non carpark.....I seriously don't understand what is the selling point for this project. Price also not cheap given its a SOVO, not even SOHO.
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post Feb 3 2018, 02:13 PM

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updated news from the SA to me
the size have been changed
3clicks
post Feb 5 2018, 10:04 AM

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QUOTE(I like to invest @ Feb 1 2018, 06:32 PM)
Get to know after visiting the showroom with the SA is around 0.8arces
The SA share me with all the slide also
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SA told me show unit not ready yet? When did you view it?
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post Feb 6 2018, 10:37 AM

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QUOTE(3clicks @ Feb 5 2018, 10:04 AM)
SA told me show unit not ready yet? When did you view it?
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The show unit is not ready
But the showroom is there ~
And he got show me some photo of the actual showunit how it is look like
If you wan to the contact I can pass to you

Buckscoffee
post Feb 6 2018, 05:06 PM

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i had bought from IQI, they gic me addition 2% rebate
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post Feb 7 2018, 10:03 AM

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Hmmm just only IQI
I think even develepor also same 🤔🤔
Win win situation
post Feb 10 2018, 01:17 PM

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let have some discussion over here, before think to BBB
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post Feb 10 2018, 09:09 PM

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The KLCC market generally has a lower night population and hence investors should be aware of the specific condo that they are investing because obviously the KLCC market has other factors to consider such as noises, walking distance conveniences and even the tenants profile of the condo or surrounding.

It also worth to get one unit here as have the klcc status , u can keep your money in a save place

You need to know that the KLCC Market has a pretty huge gap in terms of Range of PSF within the subsale market and also the primary market. Size of the unit is a factor itself. You can find as low as RM700psf... and also as high as RM2,500psf in this market.

So happy investing , know what you need in your investment portfolio
BEANCOUNTER
post Feb 10 2018, 09:31 PM

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for a so called 'Klcc property' which is too far to walk to the nearest LRT/MRT station, yet the project doesn't provide enuf secured car parking, facing elevated highway, lishold and its surely not at bargain price.....

nothing much else to talk about, really.

oh..its an office suite....legally not for long term residential usage.
TSHPRS
post Feb 11 2018, 03:31 PM

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QUOTE(BEANCOUNTER @ Feb 10 2018, 09:31 PM)
for a so called 'Klcc property' which is too far to walk to the nearest LRT/MRT station, yet the project doesn't provide enuf secured car parking, facing elevated highway, lishold and its surely not at bargain price.....

nothing much else to talk about, really.

oh..its an office suite....legally not for long term residential usage.
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The intention for investment. Target expatriates. "In my opinion"
BEANCOUNTER
post Feb 11 2018, 03:43 PM

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QUOTE(HPRS @ Feb 11 2018, 03:31 PM)
The intention for investment. Target expatriates. "In my opinion"
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In my opinion expatriates are not water fish.
TSHPRS
post Feb 11 2018, 10:20 PM

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QUOTE(BEANCOUNTER @ Feb 11 2018, 03:43 PM)
In my opinion expatriates are not water fish.
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Yeah it not meant that way too. Just saying there are suitable for expatriates rather than family. nod.gif
Xeralis
post Feb 14 2018, 10:01 AM

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QUOTE(HPRS @ Feb 11 2018, 03:31 PM)
The intention for investment. Target expatriates. "In my opinion"
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If your target expatriates means targeted tenants, possible. But if your target expatriates means as potential buyers, they are not eligible as the pricing couldn't meet the minimum requirement for foreigners.

Oh. I heard that they packaged with an AirBnB operator for 80:20 profit sharing. Can anyone confirm this?
IncredibleD
post Feb 14 2018, 06:53 PM

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The early bird package is available smile.gif
Vector88
post Feb 14 2018, 11:52 PM

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QUOTE(IncredibleD @ Feb 14 2018, 06:53 PM)
The early bird package is available smile.gif
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if cannot sell well, early bird package will be prolonged indefinitely, lol....wink.gif
jcts
post Feb 15 2018, 07:04 PM

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QUOTE(Xeralis @ Feb 14 2018, 10:01 AM)
If your target expatriates means targeted tenants, possible. But if your target expatriates means as potential buyers, they are not eligible as the pricing couldn't meet the minimum requirement for foreigners.
Exactly. But maybe 4 years down the road, the KLCC area price suddenly raise up to million then expat is eligible to buy already. Don’t take it seriously on my optimistic statement. LOL

Nobody knows what will happen in the future.




Quang1819
post Feb 16 2018, 01:27 AM

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QUOTE(mroys@lyn @ Feb 1 2018, 12:54 PM)
i received mgs said 10mins walking distance from klcc. Can't be >5km, that's running distance.
*
Full throttle also can barely do 5km in 10 minutes. Those agents and their desperations nowadays are misleading as they can be.
Quang1819
post Feb 16 2018, 01:29 AM

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QUOTE(jcts @ Feb 15 2018, 07:04 PM)
Exactly. But maybe 4 years down the road, the KLCC area price suddenly raise up to million then expat is eligible to buy already. Don’t take it seriously on my optimistic statement. LOL

Nobody knows what will happen in the future.
*
The thing is we won't have as many expats as we used to anymore.
After the crude oil crisis, you can barely see any angmoh around KLCC already, mostly are just tourist.
propertybuddy
post Feb 16 2018, 01:34 AM

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What's nett psf for the unit
jcts
post Feb 17 2018, 12:18 AM

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QUOTE(Quang1819 @ Feb 16 2018, 01:29 AM)
The thing is we won't have as many expats as we used to anymore.
After the crude oil crisis, you can barely see any angmoh around KLCC already, mostly are just tourist.
*
Then Airbnb is the only option, target tourist.
propertybbb
post Feb 17 2018, 12:15 PM

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QUOTE(HPRS @ Feb 11 2018, 11:20 PM)
Yeah it not meant that way too. Just saying there are suitable for expatriates rather than family.   nod.gif
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Again...this is office la...i still see said this proj is klcc condo bla bla bla heree. If opis then it has to be much cheaper la. Developer wanna sell high price so do it like condo so sell u condo price....but ini office title la

This post has been edited by propertybbb: Feb 17 2018, 12:16 PM
BEANCOUNTER
post Feb 17 2018, 08:22 PM

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Opis used as resi banyak ada...

BUTT.......

this one carpark pun tak banyak and cukup.....walk to light train also take many light years......

Do we think expats are less intelligence than us here?
Win win situation
post Feb 20 2018, 10:40 PM

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QUOTE(Vector88 @ Feb 14 2018, 11:52 PM)
if cannot sell well, early bird package will be prolonged indefinitely, lol....wink.gif
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it might be too but let see in official launch
jessylyx
post Mar 2 2018, 11:04 AM

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Summary:
It’s commercial title, it’s located at jalan yap Kwan Seng, walking distance to KLCC around 8-10 mins,
It similar to summer suite but the location is better than summer suite. All units come with kitchen and bathroom. Price psf around RM1600

Surrounding building psf above RM1800– the mews, Isola, mirage, star residence.

LoTek
post Mar 2 2018, 11:14 AM

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QUOTE(jessylyx @ Mar 2 2018, 11:04 AM)
Summary:
It’s commercial title, it’s located at jalan yap Kwan Seng, walking distance to KLCC around 8-10 mins,
It similar to summer suite but the location is better than summer suite. All units come with kitchen and bathroom. Price psf around RM1600

Surrounding building psf above RM1800– the mews, Isola, mirage, star residence.
*
better than summer suite is debatable as there is not even a monorail here. and for that, extra 600psf. DOA.

This post has been edited by LoTek: Mar 2 2018, 11:14 AM
jessylyx
post Mar 2 2018, 12:35 PM

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QUOTE(LoTek @ Mar 2 2018, 11:14 AM)
better than summer suite is debatable as there is not even a monorail here. and for that, extra 600psf. DOA.
*
Well you also have to think about the future development surrounding the building. You are going to have ibis hotel opposite Scarletz, star residence and shopping mall as neighbour. LRT station accessible from Avenue K.

For summer suite only has monorail as its advantage.
Asali
post Mar 2 2018, 12:47 PM

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1.6k @ psf new project [V.S] 1k @ psf completed & well doing project or hotspot for airbnb
I like to invest
post Mar 2 2018, 01:03 PM

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heard about some investor is bulk purchase it for the whole floor around 30 over unit
hmmm, looking ppl JV here
jcts
post Mar 2 2018, 01:13 PM

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QUOTE(I like to invest @ Mar 2 2018, 01:03 PM)
heard about some investor is bulk purchase it for the whole floor around 30 over unit
hmmm, looking ppl JV here
*
Whole floor is only 15/16 units. Are you looking for people here for bulk purchase? I’m interested.
BEANCOUNTER
post Mar 2 2018, 02:01 PM

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QUOTE(jessylyx @ Mar 2 2018, 11:04 AM)
Summary:
It’s commercial title, it’s located at jalan yap Kwan Seng, walking distance to KLCC around 8-10 mins,
It similar to summer suite but the location is better than summer suite. All units come with kitchen and bathroom. Price psf around RM1600

Surrounding building psf above RM1800– the mews, Isola, mirage, star residence.
*
Tis project is hardly walkable to any lrt station....

900mtr right? Without covered walkway....

Opis usage, non walkable to lrt, not enuf carparks..


jcts
post Mar 2 2018, 02:21 PM

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QUOTE(BEANCOUNTER @ Mar 2 2018, 02:01 PM)
Tis project is hardly walkable to any lrt station....

900mtr right? Without covered walkway....

Opis usage, non walkable to lrt, not enuf carparks..
*
The distance to LRT is not like what you said non walkable, maybe you are refering to weather (hot sun or rain) which I m totally agreed.

I walked more than 1km when I travel around in Bangkok.

Have you visit the showroom yet? If you have visited their showroom, you won’t say it’s office.

This post has been edited by jcts: Mar 2 2018, 02:22 PM
BEANCOUNTER
post Mar 2 2018, 02:26 PM

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QUOTE(jcts @ Mar 2 2018, 02:21 PM)
The distance to LRT is not like what you said non walkable, maybe you are refering to weather (hot sun or rain) which I m totally agreed.

I walked more than 1km when I travel around in Bangkok.

Have you visit the showroom yet? If you have visited their showroom, you won’t say it’s office.
*
No cover walkway (aircond preferred).

How many times u walk in bangkok? As opis worker or leisure traveller?


jcts
post Mar 2 2018, 02:30 PM

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QUOTE(BEANCOUNTER @ Mar 2 2018, 02:26 PM)
No cover walkway (aircond preferred).

How many times u walk in bangkok? As opis worker or leisure traveller?
*
For us, we definitely don’t like walk under the hot sun. It may not be the case for western people. They love sun you know.
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post Mar 2 2018, 02:39 PM

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QUOTE(jcts @ Mar 2 2018, 02:30 PM)
For us, we definitely don’t like walk under the hot sun. It may not be the case for western people. They love sun you know.
*

Most western ppl beh tahan our local high humidity weaher lah...

Dun be naive to think that they love hot n humid....
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post Mar 2 2018, 02:44 PM

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QUOTE(I like to invest @ Mar 2 2018, 02:03 PM)
heard about some investor is bulk purchase it for the whole floor around 30 over unit
hmmm, looking ppl JV here
*
If involve bulk purchase here then normal buyers have to avoid it. Lol
jcts
post Mar 2 2018, 03:07 PM

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QUOTE(BEANCOUNTER @ Mar 2 2018, 02:39 PM)
Most western ppl beh tahan our local high humidity weaher lah...

Dun be naive to think that they love hot n humid....
*
whether they like it or not, I don’t really care. But I don’t think walking 1km under hot sun is non walkable la. But it doesn’t mean I enjoy walk 1km under hot sun.

Sometime I also walk out for lunch and the distance is more or less the same.

This post has been edited by jcts: Mar 2 2018, 03:08 PM
LoTek
post Mar 2 2018, 05:36 PM

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QUOTE(Asali @ Mar 2 2018, 12:47 PM)
1.6k @ psf new project [V.S] 1k @ psf completed & well doing project or hotspot for airbnb
*
exactly. nutshell. exism getting overly greedy nowadays.
I like to invest
post Mar 3 2018, 02:36 PM

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QUOTE(jcts @ Mar 2 2018, 01:13 PM)
Whole floor is only 15/16 units. Are you looking for people here for bulk purchase? I’m interested.
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Few Floor been purchase
u also look for people to purchase in bulk?
Asali
post Mar 3 2018, 02:45 PM

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QUOTE(ryan@chua @ Mar 2 2018, 02:44 PM)
If involve bulk purchase here then normal buyers have to avoid it. Lol
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Totally agreed. A lot of projects offers bulk purchase arrangement. But, hard to stop all this greedy deals.
lybsc
post Mar 5 2018, 09:46 PM

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QUOTE(Asali @ Mar 3 2018, 02:45 PM)
Totally agreed. A lot of projects offers bulk purchase arrangement. But, hard to stop all this greedy deals.
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Anyone knows what is the take-up rate now?

I like to invest
post Mar 6 2018, 04:04 PM

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QUOTE(lybsc @ Mar 5 2018, 09:46 PM)
Anyone knows what is the take-up rate now?
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the SA show me the latest by last week around 30% take up
jcts
post Mar 6 2018, 04:58 PM

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QUOTE(I like to invest @ Mar 6 2018, 04:04 PM)
the SA show me the latest by last week around 30% take up
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30% take up rate, seriously? It’s not officially launch yet.

BEANCOUNTER
post Mar 6 2018, 05:28 PM

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QUOTE(jcts @ Mar 6 2018, 04:58 PM)
30% take up rate, seriously? It’s not officially launch yet.
*
they will launch when take up rate hits 70 or 80%. developers usual trick.

30% not difficult to achieve,

10% directors and associates
10% arm twisted biz associates.....you help me I help you type arrangement
10% public

This post has been edited by BEANCOUNTER: Mar 6 2018, 05:30 PM
propertybuddy
post Mar 6 2018, 07:34 PM

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QUOTE(jessylyx @ Mar 2 2018, 11:04 AM)
Summary:
It’s commercial title, it’s located at jalan yap Kwan Seng, walking distance to KLCC around 8-10 mins,
It similar to summer suite but the location is better than summer suite. All units come with kitchen and bathroom. Price psf around RM1600

Surrounding building psf above RM1800– the mews, Isola, mirage, star residence.
*
comparing undercon or subsales transaction?

commercial vs commercial or commercial vs residential?

similar product subsales 1000psf? at 60% discount. why whould this still make money?

Rental? what's transacted monthly rental for similar unit, 2200-2400. can it cover min 80% of installment? unlikely

Do you need Airbnb just to breakeven?

upsides? is there any catalyst to boost 1600psf to 1800psf / 1900psf / 2000psf ? is this price above / below / fair market (subsales) price?

hmm.gif

This post has been edited by propertybuddy: Mar 6 2018, 07:34 PM
I like to invest
post Mar 6 2018, 10:21 PM

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QUOTE(jcts @ Mar 6 2018, 04:58 PM)
30% take up rate, seriously? It’s not officially launch yet.
*
ya shock me also
while last weekend the SA update me
if you wan the photo I can send u inbox
jcts
post Mar 7 2018, 01:20 AM

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QUOTE(I like to invest @ Mar 6 2018, 10:21 PM)
ya shock me also
while last weekend the SA update me
if you wan the photo I can send u inbox
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Yes please. I would like to know which type is hot selling.

This post has been edited by jcts: Mar 7 2018, 01:20 AM
Asali
post Mar 7 2018, 09:03 AM

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QUOTE(propertybuddy @ Mar 6 2018, 07:34 PM)
comparing undercon or subsales transaction?

commercial vs commercial or commercial vs residential?

similar product subsales 1000psf? at 60% discount. why whould this still make money?

Rental? what's transacted monthly rental for similar unit, 2200-2400. can it cover min 80% of installment? unlikely

Do you need Airbnb just to breakeven?

upsides? is there any catalyst to boost 1600psf to 1800psf / 1900psf / 2000psf ? is this price above / below / fair market (subsales) price?

hmm.gif
*
Good questions.
Wenny K
post Mar 8 2018, 09:52 PM

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two months passed since the first post in this thread... how's the booking now for tis? still RM650K onwards? from 450sf?
lybsc
post Mar 10 2018, 04:13 PM

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QUOTE(Wenny K @ Mar 8 2018, 09:52 PM)
two months passed since the first post in this thread... how's the booking now for tis? still RM650K onwards? from 450sf?
*
I've booked a unit and applying loan now. 450sf facing wangsa maju is selling fast ; 450sf facing klcc still got a lot left. Anyone needs my sales agent contact can PM me.

This post has been edited by lybsc: Mar 10 2018, 04:14 PM
propertybuddy
post Mar 10 2018, 04:25 PM

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QUOTE(Asali @ Mar 7 2018, 09:03 AM)
Good questions.
*
Yeah. Find no reason for the hype..

Would buying 1600psf easier to make money than 900psf ?

It is limited exit plan and also rental strategies. As the entry is high.

Can't find convincing cocr, yield, potential upsides
jcts
post Mar 10 2018, 04:31 PM

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QUOTE(lybsc @ Mar 10 2018, 04:13 PM)
I've booked a unit and applying loan now. 450sf facing wangsa maju is selling fast ; 450sf facing klcc still got a lot left. Anyone needs my sales agent contact can PM me.
*
Me too. Your is which unit and floor?
LoTek
post Mar 10 2018, 04:45 PM

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QUOTE(propertybuddy @ Mar 10 2018, 04:25 PM)
Yeah. Find no reason for the hype..

Would buying 1600psf easier to make money than 900psf ?

It is limited exit plan and also rental strategies. As the entry is high. 

Can't find convincing cocr, yield, potential upsides
*
dont even see hype. just 2 agents talking to each other. anyway, moving on, next.

This post has been edited by LoTek: Mar 10 2018, 04:45 PM
Asali
post Mar 10 2018, 10:15 PM

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QUOTE(propertybuddy @ Mar 10 2018, 04:25 PM)
Yeah. Find no reason for the hype..

Would buying 1600psf easier to make money than 900psf ?

It is limited exit plan and also rental strategies. As the entry is high. 

Can't find convincing cocr, yield, potential upsides
*
True.
Vector88
post Mar 10 2018, 11:10 PM

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The only single positive about this project is the low entry...spend about 1% downpayment only.
LoTek
post Mar 11 2018, 12:49 AM

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QUOTE(Vector88 @ Mar 10 2018, 11:10 PM)
The only single positive about this project is the low entry...spend about 1% downpayment only.
*
with creativity can get same deal from subsales
I like to invest
post Mar 11 2018, 11:17 AM

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but till today not much people comment on this post, just saw agent here @@
lybsc
post Mar 11 2018, 01:08 PM

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QUOTE(Vector88 @ Mar 10 2018, 11:10 PM)
The only single positive about this project is the low entry...spend about 1% downpayment only.
*
1% for down payment and 1% during 1st progress billing.
Rebate 1% upon VP.
Technically, 1% down payment.
lybsc
post Mar 11 2018, 01:09 PM

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QUOTE(jcts @ Mar 10 2018, 04:31 PM)
Me too. Your is which unit and floor?
*
Lower unit. Wangsa maju facing.
hairi82
post Mar 11 2018, 02:51 PM

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QUOTE(lybsc @ Mar 11 2018, 01:09 PM)
Lower unit. Wangsa maju facing.
*

How much is ur unit? Every floor increase how much..
Ray Leee
post Mar 11 2018, 04:47 PM

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QUOTE(lybsc @ Mar 10 2018, 04:13 PM)
I've booked a unit and applying loan now. 450sf facing wangsa maju is selling fast ; 450sf facing klcc still got a lot left. Anyone needs my sales agent contact can PM me.
*
450sf is studio right i supposed? small though cool2.gif
IncredibleD
post Mar 11 2018, 05:11 PM

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I dont mind to share more details if you keen to know more about this project smile.gif

This post has been edited by IncredibleD: Mar 11 2018, 05:16 PM
lybsc
post Mar 11 2018, 05:25 PM

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QUOTE(hairi82 @ Mar 11 2018, 02:51 PM)
How much is ur unit? Every floor increase how much..
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Each floor increase by RM 1k, according to the sales agent.
lybsc
post Mar 11 2018, 05:28 PM

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QUOTE(Ray Leee @ Mar 11 2018, 04:47 PM)
450sf is studio right i supposed? small though  cool2.gif
*
Yea. Mine one comes with 1 room. There are 3 types of 450sf, if not mistaken.
langstrasse
post Mar 11 2018, 05:37 PM

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What exactly does "affordable luxury" mean ?
BEANCOUNTER
post Mar 12 2018, 01:31 PM

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QUOTE(langstrasse @ Mar 11 2018, 05:37 PM)
What exactly does "affordable luxury" mean ?
*
meaning mid cost apartments but you feel like high end accommodation.
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post Mar 12 2018, 02:21 PM

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QUOTE(lybsc @ Mar 11 2018, 05:28 PM)
Yea. Mine one comes with 1 room. There are 3 types of 450sf, if not mistaken.
*
Correct.
450sf
Type A - 1 bedroom
Type B - Studio
Type C - Studio


Plus Type D & E - Dual keys with 2 bathroom
teoanne
post Mar 13 2018, 12:57 PM

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Anyone part of a bulk purchase? I'd like to join in.
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post Mar 13 2018, 09:02 PM

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QUOTE(johnwick7728 @ Mar 13 2018, 08:37 PM)
Means small and luxury.. so is a bit cheaper in total value sense
*
Those advertise affortable luxury definitely not luxury at all doesnt matter wgat value is the smaller units.

But luxury means different meaning to different people
For ppl that use to toilet in a hole, flash toilet is luxury to them.
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post Mar 13 2018, 11:37 PM

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Hi, the sales agent sent some documents to me today, including a quick flip scenario based on 'conservative' estimates. What do you think? The property's completion year is 2022. She apparently also recommended the Wangsa Maju view.


Attached thumbnail(s)
Attached Image
teoanne
post Mar 13 2018, 11:49 PM

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And here are more documents...

1. the projected ROI from MyKey, whom we can choose to manage it as an Airbnb
2. the COCY
3. Type A 450sf layout



Attached thumbnail(s)
Attached Image Attached Image Attached Image
restful increase
post Mar 15 2018, 09:55 AM

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QUOTE(jcts @ Mar 6 2018, 04:58 PM)
30% take up rate, seriously? It’s not officially launch yet.
*
Air bnb friendly mah..
lybsc
post Mar 15 2018, 10:01 AM

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QUOTE(teoanne @ Mar 13 2018, 12:57 PM)
Anyone part of a bulk purchase? I'd like to join in.
*
What is the possible additional discount % for bulk purchase?

jcts
post Mar 15 2018, 11:19 AM

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QUOTE(teoanne @ Mar 13 2018, 11:49 PM)
And here are more documents...

1. the projected ROI from MyKey, whom we can choose to manage it as an Airbnb
2. the COCY
3. Type A 450sf layout
*
This is just projected ROI, not guaranteed. Too optimistic projection from agent, but I do hope it will perform according to the projected ROI.

This post has been edited by jcts: Mar 15 2018, 11:20 AM
I like to invest
post Mar 15 2018, 11:30 AM

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QUOTE(lybsc @ Mar 15 2018, 10:01 AM)
What is the possible additional discount % for bulk purchase?
*
cash buyer 0.5%
bulk purchase subject to how many unit u purchase in one time , I heard from developer
I like to invest
post Mar 15 2018, 03:04 PM

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QUOTE(jcts @ Mar 15 2018, 11:19 AM)
This is just projected ROI, not guaranteed. Too optimistic projection from agent, but I do hope it will perform according to the projected ROI.
*
hahah Ascott star projection is more happening even high for per room night while last time I go to showroom pay visit @@
limwc78
post Mar 15 2018, 05:59 PM

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going to official launch soon.
hairi82
post Mar 15 2018, 07:47 PM

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QUOTE(teoanne @ Mar 13 2018, 11:37 PM)
Hi, the sales agent sent some documents to me today, including a quick flip scenario based on 'conservative' estimates. What do you think? The property's completion year is 2022. She apparently also recommended the Wangsa Maju view.
*
I thought commercial loan max 25 yrs only..VP can up to 2000psf.. Wow goreng like pisang panas..
marcus74
post Mar 15 2018, 09:04 PM

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QUOTE(hairi82 @ Mar 15 2018, 07:47 PM)
I thought commercial loan max 25 yrs only..VP can up to 2000psf.. Wow goreng like pisang panas..
*
Affin can do up to 35 years for this project

This post has been edited by marcus74: Mar 15 2018, 09:06 PM
pinkdm
post Mar 23 2018, 09:41 AM

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QUOTE(HPRS @ Jan 23 2018, 12:33 AM)
Confirmed Info
Scarletz by Exism Developer
RM 650k onward
Leasehold
Title (TBA)

3 types
450sf
Dual Key
550sf
575sf
1 Block and Total 592 units and Parking(TBA)
*
Hi, is it Leasehold or freehold !? innocent.gif innocent.gif innocent.gif

from "://propsquare.my/"

Developer: Suriamas Lumayan Sdn Bhd
Lot no: Lot 116 and 189, Seksyen 44, Lorong Yap Kwan Seng, off Jalan Yap Kwan Seng, Kuala Lumpur
Land area: less than 1-acre
Tenure: Freehold
Change of zoning: From residential to commercial
Status: Kebenaran Merancang approved on 9 June 2016.
Note:
Lot 189 was purchased on 16 July 2013 from Maxtral Industries Bhd for RM33.89 mil (RM1,325 psf)
Land area: 2,377 sq.metre/0.587-acre

Proposed Development:

Stratified office suites/45-storey/604-units


Vector88
post Mar 23 2018, 10:00 AM

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QUOTE(pinkdm @ Mar 23 2018, 09:41 AM)
Hi, is it Leasehold or freehold !? innocent.gif  innocent.gif  innocent.gif

from "://propsquare.my/"

Developer: Suriamas Lumayan Sdn Bhd
Lot no: Lot 116 and 189, Seksyen 44, Lorong Yap Kwan Seng, off Jalan Yap Kwan Seng, Kuala Lumpur
Land area: less than 1-acre
Tenure: Freehold
Change of zoning:  From residential to commercial
Status: Kebenaran Merancang approved on 9 June 2016.
Note:
Lot 189 was purchased on 16 July 2013 from Maxtral Industries Bhd for RM33.89 mil (RM1,325 psf)
Land area: 2,377 sq.metre/0.587-acre

Proposed Development:

Stratified office suites/45-storey/604-units
*
Leasehold
Asali
post Mar 23 2018, 10:38 AM

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QUOTE(limwc78 @ Mar 15 2018, 05:59 PM)
going to official launch soon.
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rclxms.gif Me too.
swiss228
post Mar 23 2018, 09:53 PM

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Is this location easily accessible via public transport? Otherwise it's a case of being near, yet too far.
BEANCOUNTER
post Mar 23 2018, 10:57 PM

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QUOTE(swiss228 @ Mar 23 2018, 09:53 PM)
Is this location easily accessible via public transport? Otherwise it's a case of being near, yet too far.
*
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.
I like to invest
post Mar 26 2018, 02:50 PM

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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
StarPrimo
post Mar 26 2018, 07:01 PM

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QUOTE(limwc78 @ Mar 15 2018, 05:59 PM)
going to official launch soon.
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When is the official launch?
hairi82
post Mar 26 2018, 11:16 PM

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QUOTE(StarPrimo @ Mar 26 2018, 07:01 PM)
When is the official launch?
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After GE i think
MM79
post Mar 27 2018, 10:01 AM

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QUOTE(StarPrimo @ Mar 26 2018, 08:01 PM)
When is the official launch?
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31.03 and 01.04 official launch. already received invitation card

ragzs
post Mar 27 2018, 11:10 AM

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QUOTE(jcts @ Mar 15 2018, 11:19 AM)
This is just projected ROI, not guaranteed. Too optimistic projection from agent, but I do hope it will perform according to the projected ROI.
*
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.
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post Mar 27 2018, 11:17 AM

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QUOTE(MM79 @ Mar 27 2018, 10:01 AM)
31.03 and 01.04 official launch. already received invitation card
*
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 smile.gif

I received too and thought of going there for the good food rclxms.gif 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?)
StarPrimo
post Mar 27 2018, 11:30 AM

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QUOTE(MM79 @ Mar 27 2018, 10:01 AM)
31.03 and 01.04 official launch. already received invitation card
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Thanks for info !
thumbsup.gif
cutealex
post Mar 27 2018, 01:14 PM

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why not buying SS then?
I like to invest
post Mar 27 2018, 02:59 PM

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QUOTE(cutealex @ Mar 27 2018, 01:14 PM)
why not buying SS then?
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SS mean?
BEANCOUNTER
post Mar 27 2018, 05:10 PM

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QUOTE(I like to invest @ Mar 27 2018, 02:59 PM)
SS mean?
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Summer suitez
Asali
post Mar 27 2018, 05:42 PM

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QUOTE(Antzfield @ Mar 27 2018, 11:17 AM)
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  smile.gif

I received too and thought of going there for the good food  rclxms.gif 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?)
*
If you're talking about Exsim next project. I think most likely in Puchong.
Antzfield
post Mar 27 2018, 06:09 PM

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QUOTE(Asali @ Mar 27 2018, 05:42 PM)
If you're talking about Exsim next project. I think most likely in Puchong.
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Puchong? oh!! any specified / rough locations? brows.gif
M_Shah
post Mar 29 2018, 12:11 AM

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QUOTE(ragzs @ Mar 27 2018, 11:10 AM)
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.
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Sifu what do you think about the rental charges for Sentral Suites in 2021 when it’s completed?
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post Mar 29 2018, 04:19 PM

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QUOTE(Asali @ Mar 27 2018, 05:42 PM)
If you're talking about Exsim next project. I think most likely in Puchong.
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I think is some where around Jalan puchong
Asali
post Mar 29 2018, 04:44 PM

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QUOTE(Antzfield @ Mar 27 2018, 06:09 PM)
Puchong? oh!! any specified / rough locations?  brows.gif
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Exsim project good meh?


Clement1001
post Mar 29 2018, 05:37 PM

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QUOTE(ragzs @ Mar 27 2018, 11:10 AM)
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.
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Very informative thumbsup.gif Thanks
Antzfield
post Mar 29 2018, 07:55 PM

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QUOTE(Asali @ Mar 29 2018, 04:44 PM)
Exsim project good meh?
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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.
Asali
post Mar 29 2018, 08:55 PM

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QUOTE(Antzfield @ Mar 29 2018, 07:55 PM)
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 smile.gif (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)


Newbie_Investor
post Mar 30 2018, 07:11 PM

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QUOTE(Asali @ Mar 29 2018, 08:55 PM)
They want to build something better than face platinum smile.gif (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


BEANCOUNTER
post Mar 30 2018, 07:44 PM

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QUOTE(Newbie_Investor @ Mar 30 2018, 07:11 PM)
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
*
Why not just buy summer suites subsale?
Proven record...1000psf....immediate income?
The problem w scarlets is its really in the middle of nowhere in term of access for city living.
Newbie_Investor
post Mar 30 2018, 08:49 PM

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QUOTE(BEANCOUNTER @ Mar 30 2018, 07:44 PM)
Why not just buy summer suites subsale?
Proven record...1000psf....immediate income?
The problem w scarlets is its really in the middle of nowhere in term of access for city living.
*
Besides considering the rental market, I also need to consider about resale value if I decide to exit later. Thus, I'm not sure if there is any good return in resale value if I invest sub-sale property. Some agents are telling me that the return of resale value is lower in relative to property purchased from developer. I'm not sure how truth it is from these agents. By the way, the launching price for Summer Suites was starting from RM328K (based on the info from PropSocial with the completion year of 2015) and the current published price (NOT TRANSACTED PRICE) from iProperty is about RM495K for a studio unit wiith the built-up size of 454 sq ft.

Appreciate for your advice too.

Cheers

Vector88
post Mar 30 2018, 09:17 PM

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QUOTE(Newbie_Investor @ Mar 30 2018, 08:49 PM)
Besides considering the rental market, I also need to consider about resale value if I decide  to exit later. Thus, I'm not sure if there is any good return in resale value if I invest sub-sale property. Some agents are telling me that the return of resale value is lower in relative to property purchased from developer. I'm not sure how truth it is from these agents. By the way, the launching price for Summer Suites was starting from RM328K (based on the info from PropSocial with the completion year of 2015) and the current published price (NOT TRANSACTED PRICE) from iProperty is about RM495K for a studio unit wiith the built-up size of 454 sq ft.

Appreciate for your advice too.

Cheers
*
If you want new and reasonable price, alternatively u can consider this property:
https://forum.lowyat.net/index.php?showtopi...872&hl=chambers

p/s: I am not agent, don't PM me :-) .. just an investor like you


BEANCOUNTER
post Mar 30 2018, 10:20 PM

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QUOTE(Newbie_Investor @ Mar 30 2018, 08:49 PM)
Besides considering the rental market, I also need to consider about resale value if I decide  to exit later. Thus, I'm not sure if there is any good return in resale value if I invest sub-sale property. Some agents are telling me that the return of resale value is lower in relative to property purchased from developer. I'm not sure how truth it is from these agents. By the way, the launching price for Summer Suites was starting from RM328K (based on the info from PropSocial with the completion year of 2015) and the current published price (NOT TRANSACTED PRICE) from iProperty is about RM495K for a studio unit wiith the built-up size of 454 sq ft.

Appreciate for your advice too.

Cheers
*
Its all relative....
Ss 1000psf now....10 yrs later.....how much?
Sc 1300psf now....10yrs later (6yrs after vp)...how much?

Whereas you already started generate income from now.
Sc....you have to pay progressive interest for next 4 yrs....

Ss....1lrt line 1 monoral within comfortable walking distance.
Sx.....2lrt stations but walkable but not really within walking disrance.

Ss...proven hot bed for long term tenancy, short term airbnb
Sc....not proven either of the two

Ss...uem
Sc...exsim
Newbie_Investor
post Mar 30 2018, 11:53 PM

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QUOTE(BEANCOUNTER @ Mar 30 2018, 10:20 PM)
Its all relative....
Ss 1000psf now....10 yrs later.....how much?
Sc 1300psf now....10yrs later (6yrs after vp)...how much?

Whereas you already started generate income from now.
Sc....you have to pay progressive interest for next 4 yrs....

Ss....1lrt line 1 monoral within comfortable walking distance.
Sx.....2lrt stations but walkable but not really within walking disrance.

Ss...proven hot bed for long term tenancy, short term airbnb
Sc....not proven either of the two

Ss...uem
Sc...exsim
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Thanks for your advice
Newbie_Investor
post Mar 30 2018, 11:54 PM

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QUOTE(Vector88 @ Mar 30 2018, 09:17 PM)
If you want new and reasonable price, alternatively u can consider this property:
https://forum.lowyat.net/index.php?showtopi...872&hl=chambers

p/s: I am not agent, don't PM me :-) .. just an investor like you
*
Thanks for your suggestion
I like to invest
post Mar 31 2018, 07:11 PM

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QUOTE(Vector88 @ Mar 30 2018, 09:17 PM)
If you want new and reasonable price, alternatively u can consider this property:
https://forum.lowyat.net/index.php?showtopi...872&hl=chambers

p/s: I am not agent, don't PM me :-) .. just an investor like you
*
agree with this
i have also gonna take a look on it
Kj57
post Mar 31 2018, 09:03 PM

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QUOTE(propertybuddy @ Jan 24 2018, 01:06 AM)
the pricing tak boleh jalan
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isola also selling 1300 psf ?
BEANCOUNTER
post Mar 31 2018, 09:32 PM

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QUOTE(Kj57 @ Mar 31 2018, 09:03 PM)
isola also selling 1300 psf ?
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Isola i thought 1700psf
cutealex
post Mar 31 2018, 09:45 PM

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QUOTE(cutealex @ Mar 27 2018, 01:14 PM)
why not buying SS then?
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I already mentioned here...SS wink.gif
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post Apr 1 2018, 12:15 PM

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QUOTE(BEANCOUNTER @ Mar 31 2018, 09:32 PM)
Isola i thought 1700psf
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isola not 1300 la
Asali
post Apr 1 2018, 12:29 PM

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I think compare Ss with Sz is make sense = Studio unit v.s Studio unit

The track record for Exsim products always had better rental yields. e.g. Treez v.s KM1 or Leafz v.s Central Resi

But for Sz, to be confirmed once it completed.



thunderaj
post Apr 1 2018, 01:09 PM

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Anybody bought scarletz in this group?
I like to invest
post Apr 2 2018, 09:13 AM

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bought one~
anyway how u guys think the take up rate 😏😏
thunderaj
post Apr 3 2018, 12:01 AM

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QUOTE(I like to invest @ Apr 2 2018, 09:13 AM)
bought one~
anyway how u guys think the take up rate 😏😏
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What size you bought sir
cskl1019
post Apr 3 2018, 06:38 PM

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This one is similar to Ceylonz Suites right?
Smartinvestors
post Apr 3 2018, 09:31 PM

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QUOTE(cskl1019 @ Apr 3 2018, 06:38 PM)
This one is similar to Ceylonz Suites right?
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Yes...
jcts
post Apr 4 2018, 03:09 PM

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QUOTE(I like to invest @ Apr 2 2018, 09:13 AM)
bought one~
anyway how u guys think the take up rate 😏😏
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Dual key sold out, limited unit left for facing wangsa maju.

hairi82
post Apr 4 2018, 04:48 PM

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QUOTE(jcts @ Apr 4 2018, 03:09 PM)
Dual key sold out, limited unit left for facing wangsa maju.
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haha, this kind of market, 1 year after sold out sure still got unit..
Newbie_Investor
post Apr 5 2018, 12:00 AM

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QUOTE(jcts @ Apr 4 2018, 03:09 PM)
Dual key sold out, limited unit left for facing wangsa maju.
*
The agent showed me the sales chart that dual key units and 1 bedroom units are completely booked. Studio units (facing KLCC and Bukit Tunku) are only left available. He said the 1-bedroom and dual key units can only be reserved if there is any loan rejection happened.
jcts
post Apr 5 2018, 10:35 AM

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That day I saw one bus of China investor came, they were left disappointed because dual key units were sold out. Damn rich, they buy property like buy LV bag. But too bad, they cannot buy below 1 mil property. LOL
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post Apr 14 2018, 12:43 PM

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no any news?? I heard ppl start sign SPA
unrealzzz
post Apr 15 2018, 01:27 PM

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QUOTE(I like to invest @ Apr 14 2018, 12:43 PM)
no any news?? I heard ppl start sign SPA
*
Ppl already start signing the SPA from early this month.

At the moment, all dual keys (550sf and 575sf) sold out.
anatomi
post Apr 18 2018, 09:38 AM

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The progressive interest is very painful. Developer take 80% money from bank at first 2 yrs.

BEANCOUNTER
post Apr 18 2018, 03:09 PM

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QUOTE(anatomi @ Apr 18 2018, 09:38 AM)
The progressive interest is very painful. Developer take 80% money from bank at first 2 yrs.
*
Obviosly some people still dunno the implication of hda and non hda non schedule office purchases.

And the above just for start. ...more surprises later.
thunderaj
post Apr 18 2018, 04:58 PM

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QUOTE(BEANCOUNTER @ Apr 18 2018, 03:09 PM)
Obviosly some people still dunno the implication of hda and non hda non schedule office purchases.

And the above just for start. ...more surprises later.
*
Kindly could you share to us ?

Appreciate ..
BEANCOUNTER
post Apr 18 2018, 05:49 PM

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QUOTE(thunderaj @ Apr 18 2018, 04:58 PM)
Kindly could you share to us ?

Appreciate ..
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Depends on yr expectation and how developer delivers the product.
gks
post Apr 18 2018, 09:03 PM

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QUOTE(anatomi @ Apr 18 2018, 09:38 AM)
The progressive interest is very painful. Developer take 80% money from bank at first 2 yrs.
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Can share the structural of progress payment?
jcts
post Apr 19 2018, 09:48 AM

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QUOTE(gks @ Apr 18 2018, 09:03 PM)
Can share the structural of progress payment?
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I have the schedule of payment, 80% for the first two year is not true.
gks
post Apr 19 2018, 10:31 AM

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QUOTE(jcts @ Apr 19 2018, 09:48 AM)
I have the schedule of payment, 80% for the first two year is not true.
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Can share here or PM me?
jcts
post Apr 19 2018, 04:55 PM

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QUOTE(gks @ Apr 19 2018, 10:31 AM)
Can share here or PM me?
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I don’t have it now, send you when I reach home.
ahooi
post Apr 21 2018, 03:37 PM

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I have more latest info. If interested can WhatsApp me
019-26O 6676
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post Apr 21 2018, 06:27 PM

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For the schedule of payment about the interest actually is quite much expensive compare with the HDA project
but it also depend how much of the loan amount there u loan for
other than that , for the Claiming actually is around 90% before 1and half year to reach VP but it also depend on how the progressive of the construction and this project claiming is claim upon completion
For some development of commercial it will be claim upfront of 40% upon the commence of the project.
other 50%-60% is claim upon complete of every stage

This post has been edited by I like to invest: Apr 21 2018, 06:30 PM
BEANCOUNTER
post Apr 22 2018, 12:29 AM

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QUOTE(I like to invest @ Apr 21 2018, 06:27 PM)
For the schedule of payment about the interest actually is quite much expensive compare with the HDA project
but it also depend how much of the loan amount there u loan for
other than that , for the Claiming actually is around 90% before 1and half year to reach VP but it also depend on how the progressive of the construction and this project claiming is claim upon completion
For some development of commercial it will be claim upfront of 40% upon the commence of the project.
other 50%-60% is claim upon complete of every stage
*
Actually btw non schedule and schedule project, non schedule can claim paymenr when they started the progress of certain phase but schrdule project they can only claim when they completed the progress.

So for non schedule project, if you bought highest floor, the van claim the progress when they started the lowest floor, whereas schedule project they cant claim the progress until they completely biild the wall of yr unit.
poilam
post Apr 22 2018, 12:35 AM

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Under HDA, developer only can claim the stage once it complete

Under non HDA , developer claim once it STARTS
SongSongLai
post Apr 22 2018, 11:03 AM

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QUOTE(BEANCOUNTER @ Apr 22 2018, 12:29 AM)
Actually btw non schedule and schedule project, non schedule can claim paymenr when they started the progress of certain phase but schrdule project they can only claim when they completed the progress.

So for non schedule project, if you bought highest floor, the van claim the progress when they started the lowest floor, whereas schedule project they cant claim the progress until they completely biild the wall of yr unit.
*
How about DLP? Any different compare HDA?
BEANCOUNTER
post Apr 22 2018, 02:02 PM

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QUOTE(SongSongLai @ Apr 22 2018, 11:03 AM)
How about DLP? Any different compare HDA?
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Nom schedule contract is not standard unlike hda scheduled contract.

Each ti its own i guess
mmzoo
post Apr 24 2018, 12:11 PM

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Expressionz project by same developer vp soon, just passed by tun razak ,looks good tho smile.gif
previa
post Apr 27 2018, 06:21 PM

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Who got buy a unit of scarletz from exsim? Pls share
previa
post Apr 27 2018, 06:22 PM

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76% unit sold....
BEANCOUNTER
post Apr 27 2018, 10:26 PM

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QUOTE(previa @ Apr 27 2018, 06:22 PM)
76% unit sold....
*
Booked....

Not sold.....unless all have signed spa.
planc
post Apr 27 2018, 10:35 PM

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QUOTE(previa @ Apr 27 2018, 05:22 PM)
76% unit sold....
*
Interested to know how many % foreigners booked
unrealzzz
post Apr 27 2018, 11:05 PM

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QUOTE(planc @ Apr 27 2018, 10:35 PM)
Interested to know how many % foreigners booked
*
As far as I know, foreigner buyer almost none. I tried to sell to a guy from Pakistan. Too many challenges because of GST. Have to setup Sdn Bhd, bank acc etc...The buyer also run away liao.
planc
post Apr 28 2018, 06:19 PM

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QUOTE(unrealzzz @ Apr 27 2018, 10:05 PM)
As far as I know, foreigner buyer almost none. I tried to sell to a guy from Pakistan. Too many challenges because of GST. Have to setup Sdn Bhd, bank acc etc...The buyer also run away liao.
*
If no min 1.0mil restrictions, I believe Malaysia condo can fly high again 🚀
unrealzzz
post Apr 29 2018, 12:05 PM

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QUOTE(planc @ Apr 28 2018, 06:19 PM)
If no min 1.0mil restrictions, I believe Malaysia condo can fly high again 🚀
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Our properties will fly high and making them difficult for locals to buy
previa
post Apr 30 2018, 03:54 PM

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QUOTE(Shir L @ Apr 22 2018, 06:28 PM)
so wat are the units left now?
the sf n the price for each sf left?
*
Type A, B, C (450sf) - Still available but top or higher floor units are fully booked
Starting price 750k

Type D, E (Dual Key 550sf & 575sf) - fully booked
BEANCOUNTER
post Apr 30 2018, 04:34 PM

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QUOTE(previa @ Apr 30 2018, 03:54 PM)
Type A, B, C (450sf) - Still available but top or higher floor units are fully booked
Starting price 750k

Type D, E (Dual Key 550sf & 575sf) - fully booked
*
OMG......

550sq can do dual key? each size only 270sq per space???????????
i presumed dual key units come with seperate TNB, aircond console and mail box?

aaron1717
post Apr 30 2018, 04:37 PM

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QUOTE(BEANCOUNTER @ Apr 30 2018, 04:34 PM)
OMG......

550sq can do dual key? each size only 270sq per space???????????
i presumed dual key units come with seperate TNB, aircond console and mail box?
*
3rd nvenue use 430 sq ft do dual key... ask u sei mei.... flex.gif flex.gif only a pantry space seperate the two rooms... lolz
BEANCOUNTER
post Apr 30 2018, 04:47 PM

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QUOTE(aaron1717 @ Apr 30 2018, 04:37 PM)
3rd nvenue use 430 sq ft do dual key... ask u sei mei....  flex.gif  flex.gif only a pantry space seperate the two rooms... lolz
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I think I saw the layout of 3rdnevue. not both units got view out window rite?????

430sq dual key you cant even call them mirco-flat anymore.......

it should be rename atom-flat devil.gif

aaron1717
post Apr 30 2018, 04:49 PM

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QUOTE(BEANCOUNTER @ Apr 30 2018, 04:47 PM)
I think I saw the layout of 3rdnevue. not both units got view out window rite?????

430sq dual key you cant even call them mirco-flat anymore.......

it should be rename atom-flat devil.gif
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the other window facing the corridor... if not mistaken... really like those old flats... u can see who is walking along the corridor... haha... when the agent told me... it will be like first world hotel... i also not sure 430 divide by 2 have such a size or not... sweat.gif sweat.gif
samkps
post Apr 30 2018, 05:34 PM

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QUOTE(aaron1717 @ Apr 30 2018, 04:49 PM)
the other window facing the corridor... if not mistaken... really like those old flats... u can see who is walking along the corridor... haha... when the agent told me... it will be like first world hotel... i also not sure 430 divide by 2 have such a size or not...  sweat.gif  sweat.gif
*
Normally you will see this kind of layout in 2 room student hostel. sweat.gif sweat.gif
marzhooc
post May 3 2018, 08:21 PM

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so how's the hype now on this property? I am just planning to buy one. been told by the agent that type A is full booked therefore need to put my name under reservation. But the thing is I am really wondering the rate of BNB that is 350 / night.

Furthermore, the agent told me that at the moment the rebate is 14% off total price.
jcts
post May 3 2018, 10:25 PM

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QUOTE(marzhooc @ May 3 2018, 08:21 PM)
so how's the hype now on this property? I am just planning to buy one. been told by the agent that type A is full booked therefore need to put my name under reservation. But the thing is I am really wondering the rate of BNB that is 350 / night.

Furthermore, the agent told me that at the moment the rebate is 14% off total price.
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I was told now is 12% rebate. If you still can get 14% then your agent is good.

Yes Type A is fully booked, unless somebody loan didn’t go through.
BEANCOUNTER
post May 3 2018, 10:26 PM

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QUOTE(jcts @ May 3 2018, 10:25 PM)
I was told now is 12% rebate. If you still can get 14% then your agent is good.

Yes Type A is fully booked, unless somebody loan didn’t go through.
*
how long usually the developer allowed buyers to process the loan application?

previa
post May 15 2018, 12:16 AM

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QUOTE(marzhooc @ May 3 2018, 09:21 PM)
so how's the hype now on this property? I am just planning to buy one. been told by the agent that type A is full booked therefore need to put my name under reservation. But the thing is I am really wondering the rate of BNB that is 350 / night.

Furthermore, the agent told me that at the moment the rebate is 14% off total price.
*
seriously, can get 14% off? pm me agent contact pls
jcts
post May 15 2018, 12:38 AM

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QUOTE(previa @ May 15 2018, 12:16 AM)
seriously, can get 14% off? pm me agent contact pls
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I think 14% discount is no more, especially for Type A unit.

marzhooc
post May 15 2018, 03:41 PM

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QUOTE(jcts @ May 15 2018, 12:38 AM)
I think 14% discount is no more, especially for Type A unit.
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just bought type A with 14% discount. but with 17.5k downpayment.
jcts
post May 15 2018, 06:26 PM

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QUOTE(marzhooc @ May 15 2018, 03:41 PM)
just bought type A with 14% discount. but with 17.5k downpayment.
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That’s good for you, I will check with my agent later.
If you got 14% then your downpayment should be 1% around 7k+.
boyslikeboys
post May 15 2018, 07:21 PM

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QUOTE(marzhooc @ May 15 2018, 03:41 PM)
just bought type A with 14% discount. but with 17.5k downpayment.
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How much is type a after dc. And what size is this?
marzhooc
post May 15 2018, 08:05 PM

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QUOTE(jcts @ May 15 2018, 06:26 PM)
That’s good for you, I will check with my agent later.
If you got 14% then your downpayment should be 1% around 7k+.
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yes dp is 7.5k + another 7.5k within few months. though this 2nd 7.5k will be reimbursed during VP. So i consider for this property, the downpayment is high. because some of other development, they really provide low downpayment
marzhooc
post May 15 2018, 08:06 PM

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QUOTE(boyslikeboys @ May 15 2018, 07:21 PM)
How much is type a after dc. And what size is this?
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around 648k I think. size is 450 sqft. now I wonder if this is a really good investment considering I can only get my return after 4 years (looongggg way to go).
boyslikeboys
post May 15 2018, 08:08 PM

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QUOTE(marzhooc @ May 15 2018, 08:06 PM)
around 648k I think. size is 450 sqft. now I wonder if this is a really good investment considering I can only get my return after 4 years (looongggg way to go).
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Best of luck!
Tan&tan
post May 15 2018, 08:10 PM

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QUOTE(marzhooc @ May 15 2018, 03:41 PM)
just bought type A with 14% discount. but with 17.5k downpayment.
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Good luck non hda office suites
marzhooc
post May 15 2018, 08:11 PM

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QUOTE(boyslikeboys @ May 15 2018, 08:08 PM)
Best of luck!
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yes i really need the luck as I do not own a big capital. so betting my investment on this. Anyway what is your personal opinion on this development?
marzhooc
post May 15 2018, 08:19 PM

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QUOTE(Tan&tan @ May 15 2018, 08:10 PM)
Good luck non hda office suites
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not sure to understand the non hda thing? lol im buying a property without proper knowledge.
boyslikeboys
post May 15 2018, 08:22 PM

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QUOTE(marzhooc @ May 15 2018, 08:11 PM)
yes i really need the luck as I do not own a big capital. so betting my investment on this. Anyway what is your personal opinion on this development?
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Sorry I did not buy a unit here. I have however invested in sky suite klcc. Prime location is still a better bet as land is getting scarce even pj has already breached > rm1000 psf.

Immediately there should be wait and see approach as investors will need to digest the macro and micro policies being implemented by the new gov.

Supply and demand on the other hand is another issue with mismatch in product / size. But with plans to halt all high rise approval this can still be addressed albeit a little too late.

Do u have a plan in mind when vp?
marzhooc
post May 15 2018, 08:28 PM

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QUOTE(boyslikeboys @ May 15 2018, 08:22 PM)
Sorry I did not buy a unit here. I have however invested in sky suite klcc. Prime location is still a better bet as land is getting scarce even pj has already breached > rm1000 psf.

Immediately there should be wait and see approach as investors will need to digest the macro and micro policies being implemented by the new gov.

Supply and demand on the other hand is another issue with mismatch in product / size. But with plans to halt all high rise approval this can still be addressed albeit a little too late.

Do u have a plan in mind when vp?
*
VP is expected in Q1 2022. So it will be only interests throughout these years until completion without any return. Plus I think this is non HDA prop.
BEANCOUNTER
post May 15 2018, 08:53 PM

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QUOTE(marzhooc @ May 15 2018, 08:28 PM)
VP is expected in Q1 2022. So it will be only interests throughout these years until completion without any return. Plus I think this is non HDA prop.
*
No need to think.

It is a nom hda non carpark biuilding.
marzhooc
post May 15 2018, 10:09 PM

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QUOTE(BEANCOUNTER @ May 15 2018, 08:53 PM)
No need to think.

It is a nom hda non carpark biuilding.
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either to think or not, i still need to pay the interest for 4 years. question is what is the forecast of return after 4 years. sell right away after VP, or go with their AirBNB plan etc..

If sell right away after VP, might get 100k cash..
BEANCOUNTER
post May 15 2018, 10:22 PM

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QUOTE(marzhooc @ May 15 2018, 10:09 PM)
either to think or not, i still need to pay the interest for 4 years. question is what is the forecast of return after 4 years. sell right away after VP, or go with their AirBNB plan etc..

If sell right away after VP, might get 100k cash..
*
Dun pray for chook b4 the egg hatches.
If u already bought, just file the papers away and review it in 2022.
Kenny De Roger
post May 16 2018, 10:00 AM

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The price will decrease if gst abolished?

This post has been edited by Kenny De Roger: May 16 2018, 10:00 AM
previa
post May 16 2018, 12:31 PM

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No more 14% off now, it's for early bird and first day launching only.
marzhooc
post May 16 2018, 04:21 PM

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QUOTE(BEANCOUNTER @ May 15 2018, 10:22 PM)
Dun pray for chook b4 the egg hatches.
If u already bought, just file the papers away and review it in 2022.
*
it comes back to what I said - either to sell it straight away after VP or even during undercon.
Ultimately what we want is returned money for our investment
BEANCOUNTER
post May 16 2018, 05:02 PM

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QUOTE(marzhooc @ May 16 2018, 04:21 PM)
it comes back to what I said - either to sell it straight away after VP or even during undercon.
Ultimately what we want is returned money for our investment
*
U cant actually sell an undercon project and pocket the money.

If u r so worried heaven and earth why buy in the 1st place?

If u intend to flip under tis dna then make sure yr investment is one of the kind unique and not accessible to public.

Tis scarletz is everything BUT.

This post has been edited by BEANCOUNTER: May 16 2018, 05:04 PM
marzhooc
post May 16 2018, 05:39 PM

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QUOTE(BEANCOUNTER @ May 16 2018, 05:02 PM)
U cant actually sell an undercon project and pocket the money.

If u r so worried heaven and earth why buy in the 1st place?

If u intend to flip under tis dna then make sure yr investment is one of the kind unique and not accessible to public.

Tis scarletz is everything BUT.
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im not going to prolong this. It is not "worry" im talking about. It is "risk". What I said earlier is "I dont know what it will be in 4 yrs time but what is sure is I need to dump some interest monies throughout these years".

My statement is not intended to raise a peception of "hey..I bought the property, but I am worried..." but rather than "hey..I bought the property, but I do not own enough knowledge so I dont know what will happen with my investment, so all the forumers here may help to give their thoughts". On the other hand, I have bought it, fine..but valuable thoughts from otai here can help me in future on my assessment.

Proof of my less knowledge is when I asked 1 forumer above about "what is HDA?".

Ultimate purpose is to get a feedback & opinion from everyone about that do they think for this property development for investment purpose.

it's wednesday - happy hump day smile.gif smile.gif
marzhooc
post May 16 2018, 05:41 PM

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QUOTE(BEANCOUNTER @ May 16 2018, 05:02 PM)
U cant actually sell an undercon project and pocket the money.


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this is also a proof that I have lesser knowledge than you as I dont know this.
jcts
post May 16 2018, 06:27 PM

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QUOTE(marzhooc @ May 15 2018, 10:09 PM)
either to think or not, i still need to pay the interest for 4 years. question is what is the forecast of return after 4 years. sell right away after VP, or go with their AirBNB plan etc..

If sell right away after VP, might get 100k cash..
*
You are optimistic and have high confident on Scarletz, after VP can get 100k. I wish you are right. Lol
marzhooc
post May 16 2018, 07:53 PM

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QUOTE(jcts @ May 16 2018, 06:27 PM)
You are optimistic and have high confident on Scarletz, after VP can get 100k. I wish you are right. Lol
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it is just for the sake of replying. I randomly plugged the number without any basis. lol.
It can be 5k, 10k, 50k... honestly I dont know. maybe losing money. lol. I dont know...
BEANCOUNTER
post May 16 2018, 09:18 PM

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QUOTE(marzhooc @ May 16 2018, 07:53 PM)
it is just for the sake of replying. I randomly plugged the number without any basis. lol.
It can be 5k, 10k, 50k... honestly I dont know. maybe losing money. lol. I dont know...
*
Under normal circumstances (no bull run no recession) u might get abt 20% gross.
marzhooc
post May 16 2018, 10:03 PM

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QUOTE(BEANCOUNTER @ May 16 2018, 09:18 PM)
Under normal circumstances (no bull run no recession) u might get abt 20% gross.
*
if 20% from 750k, it is 150k? blink.gif blink.gif


jcts
post May 17 2018, 10:16 PM

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QUOTE(Shir L @ May 16 2018, 10:25 PM)
isn't the downpayment a little too high??  :confused:
*
Downpayment is just 2% around 15k, is this too high for you?
Same like 10% downpayment for 150k car.
jcts
post May 17 2018, 10:22 PM

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QUOTE(marzhooc @ May 16 2018, 10:03 PM)
if 20% from 750k, it is 150k?  blink.gif  blink.gif
*
It definitely can achieve 20% appreciation but how fast it can reach there? 2years or 5 years? Nobody knows.
boyslikeboys
post May 18 2018, 12:03 AM

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Give marz a break guys. It’s one of his significant investment and we do not need to pour cold water since he has already committed.

Unlike others maybe only sembang kencang while waiting for lelong.

Me too blow water only.
pinkdm
post May 18 2018, 08:54 AM

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QUOTE(boyslikeboys @ May 18 2018, 12:03 AM)
Give marz a break guys. It’s one of his significant investment and we do not need to pour cold water since he has already committed.

Unlike others maybe only sembang kencang while waiting for lelong.

Me too blow water only.
*
Hi, for any kind of investment, one must have the "holding" power & some "spare" cash without borrowing too much ! hmm.gif innocent.gif
As nobody can predict outcome on today's fast changing market !

Just like recently, just because China now partner with most countries to use Chinese Yuan for oil trade, the panic US recently tried to start war with Iran ,
so as to try block EU members to buy oil fr IRAN using Chinese Yuan. - "my personal opinion" hmm.gif

This post has been edited by pinkdm: May 18 2018, 08:56 AM
marzhooc
post May 18 2018, 05:30 PM

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QUOTE(jcts @ May 17 2018, 10:22 PM)
It definitely can achieve 20% appreciation but how fast it can reach there? 2years or 5 years? Nobody knows.
*
if it can regardless 2 years from now or 5 yrs from now..or 5 yrs after VP, it is ok. i guess this kind of investment is not something we expect to get immediate return within short term.

by the way, in conjunction to new govt after GE, Exsim give additional 2% after VP.

So it will be 16% for me + 1.5% portion from referral program.

Not bad huh
marzhooc
post May 18 2018, 05:31 PM

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QUOTE(pinkdm @ May 18 2018, 08:54 AM)
Hi, for any kind of investment, one must have the "holding" power & some "spare" cash without borrowing too much ! hmm.gif  innocent.gif
As nobody can predict outcome on today's fast changing market !

Just like recently, just because China now partner with most countries to use Chinese Yuan for oil trade, the panic US recently tried to start war with Iran ,
so  as to try block EU members to buy oil fr IRAN using Chinese Yuan. - "my personal opinion" hmm.gif
*
my simple principle is 6 months x current earnings (salary, business etc..) to simpan in hell time!
jcts
post May 19 2018, 01:25 PM

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QUOTE(marzhooc @ May 18 2018, 05:30 PM)
if it can regardless 2 years from now or 5 yrs from now..or 5 yrs after VP, it is ok. i guess this kind of investment is not something we expect to get immediate return within short term.

by the way, in conjunction to new govt after GE, Exsim give additional 2% after VP.

So it will be 16% for me + 1.5% portion from referral program.

Not bad huh
*
It’s confirmed that you will have additional 2% after VP?
I haven’t talk to my agent quite sometime. I need to check with her later.
thunderaj
post May 20 2018, 11:17 PM

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Any buyers for scarletz.?
boyslikeboys
post May 21 2018, 10:32 AM

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QUOTE(marzhooc @ May 18 2018, 05:30 PM)
if it can regardless 2 years from now or 5 yrs from now..or 5 yrs after VP, it is ok. i guess this kind of investment is not something we expect to get immediate return within short term.

by the way, in conjunction to new govt after GE, Exsim give additional 2% after VP.

So it will be 16% for me + 1.5% portion from referral program.

Not bad huh
*
Not 6% ? 🤣
marzhooc
post May 22 2018, 06:09 PM

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QUOTE(jcts @ May 19 2018, 01:25 PM)
It’s confirmed that you will have additional 2% after VP?
I haven’t talk to my agent quite sometime. I need to check with her later.
*
not in writing yet in any paper, but got confirmation from agent via whatsap few days back. I did asked and he said "yes".

So where is this "yes" will appear on paper, I will need to ask him again.
marzhooc
post May 22 2018, 06:11 PM

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QUOTE(boyslikeboys @ May 21 2018, 10:32 AM)
Not 6% ? 🤣
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so far on paper is 15.5% for me. need to get a formal evidence for additional 2% that newly announced.
ryan@chua
post May 23 2018, 12:17 AM

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This projects selling by iqi

Really wtf irresponsible agency


Look through all the comments here, obviously this is a scam con buyers without logical thinking and no proper prop knowledge
ryan@chua
post May 23 2018, 12:48 AM

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QUOTE(marzhooc @ May 22 2018, 07:11 PM)
so far on paper is 15.5% for me. need to get a formal evidence for additional 2% that newly announced.
*
How long u think ur unit can put for airbnb ? Do u think airbnb still can work after 4yrs? Still can generate so high rental after 4yrs?? How many units hotel in surrounding? Do u know 70% occupancy rates is very high ? Have u tried to do airbnb b4 ?
1600psf now , 2000psf after 4yrs ?? Logical ?? U thought still like 2009-2014 ?? leasehold, no car park, do u think easy to subsale market ? Go fck ur agent better , take the information of agent now photocopy IC, after 4yrs find back him/her
Kicimiao66cc
post May 23 2018, 01:14 AM

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QUOTE(ryan@chua @ May 23 2018, 12:48 AM)
How long u think ur unit can put for airbnb ? Do u think airbnb still can work after 4yrs? Still can generate so high rental after 4yrs?? How many units hotel in surrounding?  Do u know 70% occupancy rates is very high ? Have u tried to do airbnb b4 ?
1600psf now , 2000psf after 4yrs ?? Logical ?? U thought still like 2009-2014 ?? leasehold, no car park, do u think easy to subsale market ? Go fck ur agent better , take the information of agent now photocopy IC, after 4yrs find back him/her
*
Relax... although not logic... relax... even they making lost end of the day also will tell you this is not bad investment... can sell 2000psf for an office in KL 😬
marcus_bread
post May 23 2018, 08:18 AM

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in front of it is Ibis new hotel. definitely affect the airbnb...
if the airbnb is renting at a rate higher than the hotel then sure GG...
jcts
post May 23 2018, 08:54 AM

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QUOTE(ryan@chua @ May 23 2018, 12:48 AM)
How long u think ur unit can put for airbnb ? Do u think airbnb still can work after 4yrs? Still can generate so high rental after 4yrs?? How many units hotel in surrounding?  Do u know 70% occupancy rates is very high ? Have u tried to do airbnb b4 ?
1600psf now , 2000psf after 4yrs ?? Logical ?? U thought still like 2009-2014 ?? leasehold, no car park, do u think easy to subsale market ? Go fck ur agent better , take the information of agent now photocopy IC, after 4yrs find back him/her
*
You sound like you have bought and being cheated by them.
If your investment is based on the high ROI mentioned by agent then you only have yourself to blame.

Come on, they are sales agent. Of course they will hard sell the property, otherwise they got no commission/income.

Don’t get me wrong, I do agree with you on the high ROI they stated. It sound like too good to be true deal.

We responsible for every single decision we made, not agent. They don’t give a damn after they got their commission.

marzhooc
post May 23 2018, 07:28 PM

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QUOTE(ryan@chua @ May 23 2018, 12:48 AM)
How long u think ur unit can put for airbnb ? Do u think airbnb still can work after 4yrs? Still can generate so high rental after 4yrs?? How many units hotel in surrounding?  Do u know 70% occupancy rates is very high ? Have u tried to do airbnb b4 ?
1600psf now , 2000psf after 4yrs ?? Logical ?? U thought still like 2009-2014 ?? leasehold, no car park, do u think easy to subsale market ? Go fck ur agent better , take the information of agent now photocopy IC, after 4yrs find back him/her
*
why so mad bro?
thunderaj
post May 23 2018, 09:43 PM

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QUOTE(ryan@chua @ May 23 2018, 12:48 AM)
How long u think ur unit can put for airbnb ? Do u think airbnb still can work after 4yrs? Still can generate so high rental after 4yrs?? How many units hotel in surrounding?  Do u know 70% occupancy rates is very high ? Have u tried to do airbnb b4 ?
1600psf now , 2000psf after 4yrs ?? Logical ?? U thought still like 2009-2014 ?? leasehold, no car park, do u think easy to subsale market ? Go fck ur agent better , take the information of agent now photocopy IC, after 4yrs find back him/her
*
Soo much of emotion..
pinkdm
post May 24 2018, 11:06 AM

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QUOTE(marcus_bread @ May 23 2018, 08:18 AM)
in front of it is Ibis new hotel. definitely affect the airbnb...
if the airbnb is renting at a rate higher than the hotel then sure GG...
*
Hi, i agree with this, when a IBis hotel is around (or near A property), definitely any airbnb will be affected !
as I personally have stay at " IBis hotel " few times while in UK, i like this hotel "modern", sleek , clean & lots of modern features & the price is reasonable too ! hmm.gif

This post has been edited by pinkdm: May 25 2018, 09:05 AM
BEANCOUNTER
post May 24 2018, 11:42 AM

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QUOTE(pinkdm @ May 24 2018, 11:06 AM)
Hi, i agree with this, when a IBis hotel is around (or near A property), definitely any airbnb will be affected !
as I personally have stay on " IBis hotel " few times while in UK, i like this hotel "modern", sleek , clean & lots of modern features & the price is reasonable too !  hmm.gif
*
IBIS hotel has few categories. from budget to mid range.

and hotel will always be more expensive than Airbnb. dun kid yrself that hotel will be cheaper than Airbnb.
pinkdm
post May 24 2018, 12:14 PM

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QUOTE(BEANCOUNTER @ May 24 2018, 11:42 AM)
IBIS hotel has few categories. from budget to mid range.

and hotel will always be more expensive than Airbnb. dun kid yrself that hotel will be cheaper than Airbnb.
*
Yes Sir, but I did not say " cheaper", only mention reasonable !? console.gif
& of course their ""modern", sleek , clean & lots of modern features" !!! nod.gif

This post has been edited by pinkdm: May 24 2018, 12:16 PM
marcus_bread
post May 24 2018, 06:48 PM

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QUOTE(BEANCOUNTER @ May 24 2018, 11:42 AM)
IBIS hotel has few categories. from budget to mid range.

and hotel will always be more expensive than Airbnb. dun kid yrself that hotel will be cheaper than Airbnb.
*
maybe u should reword to "Airbnb always more cheap than Hotel"
reason is airbnb will adjust their price based on surrounding hotel price.
as hotel will set their price based on operating cost + a margin (said RM100 per night)
then surely if u are an airbnb owner nearby the hotel, u wont be so stupid to price ur airbnb above rm100 per night right?

anyway, this project for Airbnb is super risky (my opinion).
as ur target customer for airbnb in this area (super near to KLCC) shd be those rich foreigner, and i believe they will choose hotel over airbnb most of the time as price is not relevant to them. (my opinion as well)
bruce.gif bruce.gif bruce.gif

lybsc
post May 25 2018, 03:01 PM

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Hello. Any existing buyer here ? - Those have signed SPA

Any idea if Exsim will give back 6% to purchaser as additional discount since they promised to absorb the gst earlier?

Apparently, a lot of developers are going to do so.
I like to invest
post May 25 2018, 04:49 PM

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QUOTE(jcts @ May 23 2018, 08:54 AM)
You sound like you have bought and being cheated by them.
If your investment is based on the high ROI mentioned by agent then you only have yourself to blame.

Come on, they are sales agent. Of course they will hard sell the property, otherwise they got no commission/income.

Don’t get me wrong, I do agree with you on the high ROI they stated. It sound like too good to be true deal.

We responsible for every single decision we made, not agent. They don’t give a damn after they got their commission.
*
As I know he also an agent, as I receive the inbox from he hahah
pinkdm
post May 30 2018, 08:57 AM

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QUOTE(Shir L @ May 29 2018, 10:15 PM)
wah cool down bro! ohmy.gif
*
Hi, agreed, this project is for those with too much (too many bags) money & no where to park !? rclxm9.gif rclxm9.gif rclxm9.gif
& if one intend for investment purpose, i would suggest the "CEYLONZ SUITES " better than this, in my own opinion !? hmm.gif

This post has been edited by pinkdm: May 30 2018, 09:00 AM
ryan@chua
post May 30 2018, 01:29 PM

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QUOTE(pinkdm @ May 30 2018, 09:57 AM)
Hi, agreed, this project is for those with too much (too many bags) money & no where to park !? rclxm9.gif  rclxm9.gif  rclxm9.gif
& if one intend for investment purpose, i would suggest the "CEYLONZ SUITES " better than this, in my own opinion !? hmm.gif
*
This also cant .

Only see sky suites klcc worth to invest.

The rest buy for fun only
ryan@chua
post May 30 2018, 01:34 PM

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QUOTE(I like to invest @ May 25 2018, 05:49 PM)
As I know he also an agent, as I receive the inbox from he hahah
*
Yes. Investor also can be an agent.
But i wont cheat ppl & blow water like that

& u can look back the project details that i sent you
All are fact. No simply 5mins distance make it 1min distance.
10mins distance make it 5mins distance.


This post has been edited by ryan@chua: May 30 2018, 01:40 PM
pinkdm
post Jun 5 2018, 11:07 AM

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QUOTE(ryan@chua @ May 30 2018, 01:34 PM)
Yes. Investor also can be an agent.
But i wont cheat ppl & blow water like that

& u can look back the project details that i sent you
All are fact. No simply 5mins distance make it 1min distance.
10mins distance make it 5mins distance.
*
Hi, for Airbnb & invest purpose, this should be very attractive for local & tourist (esp westerner ) , in my own opinion ?! innocent.gif hmm.gif
as it has the following rooftop facilities :- hmm.gif

Eg. "Top 20 Rooftop Bars in Bangkok 2018 - "


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reeve-826
post Jun 17 2018, 08:44 AM

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When is the completion date?
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post Jun 25 2018, 02:38 PM

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QUOTE(reeve-826 @ Jun 17 2018, 08:44 AM)
When is the completion date?
*
Hi, will future this land (if sold for condo projects) affect this !? hmm.gif innocent.gif



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thunderaj
post Jul 2 2018, 09:54 PM

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Any updates on this project?
Hamter Rocks
post Jul 4 2018, 07:07 AM

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QUOTE(jcts @ May 23 2018, 08:54 AM)
You sound like you have bought and being cheated by them.
If your investment is based on the high ROI mentioned by agent then you only have yourself to blame.

Come on, they are sales agent. Of course they will hard sell the property, otherwise they got no commission/income.

Don’t get me wrong, I do agree with you on the high ROI they stated. It sound like too good to be true deal.

We responsible for every single decision we made, not agent. They don’t give a damn after they got their commission.
*
Totally agree with you bro on this.
The ROI states by the sales agent is too good to be true. Most agents don’t give a hoot about you after they close the sales. They will go on their incentive trip while you rot in misery. So do your due diligence before buying any property.

Scarletz is basically located in Jalan Yap Kuan Seng. It is selling at $1400psf, bloody cheap if you compare it to let’s say Royce Residence ($2200psf) which is just opposite the road, right?

However, in today’s market, Hampshire ($1000psf), KL Trillion ($1200psf), Tropicana Residence ($1200psf), Panorama ($1000psf) and many more are selling cheaper than Scarletz?
Thus now that you put all these development into perspective, Scarletz seems to be not so cheap anymore. Right?

The only residential I can remember now that is more expensive than Scarletz is M101 SkyWheel ($1500psf), Aria ($1700psf) and of course Royce Residence ($2200psf).
Based on simple mathematical logic, it is never a good idea to invest in the top tier range of price in any investment as you have little moat to protect your investment. Warren Buffett taught this, not me.

Buying at the top end price doesn’t make sense when you can buy some subsale condominium walking distance to KLCC today at just $700psf.

So, I don’t see why people are buying Scarletz.
Plus, for AirBnB, there’s an invisible cap on how high the AirBnB rates can go. It will NEVER be more than the hotel rates nearby.
I did some digging of AirBnB rates around KLCC.
This is what I found on AirBnB.
1 bedroom - $60-100/night
2 bedroom - $130-150/night.

The 1 bedroom are those 400sf kind ya.
Scarletz dual key is only 200sf.
I’m not sure whether does size matters in AirBnB rates.
Not much data on 200sf rooms.
But anyway you look at it, sounds like a bad bad bad investment choice. You can’t exit and you can’t make a profit, die loh like this.
AntiScam
post Jul 13 2018, 02:28 PM

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Haha, what a joke
mrhaha
post Jul 15 2018, 09:21 AM

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Dear Sifu.
I am new to Property investment & 1st time buying this kind of property. hope sifu can give some tips.

i went to sales gallery & book 1 unit yesterday. their package is very attractive as only need to pay 1% which is about 7k+, with Airbnb concept, so i booked lo.

then after that only found that no car park provided as i forget to asking about this and the agent also did not tell me.

no carpark meaning it only can use as short term stay/office/, not even suitable to a single/couple the live there. so, only usage is office/airbnb.

the ROI calculation seem good but no guarantee, i also worry hard to sell it off later. after read all comments here, i lagi worry.

should i buy it or select other property outside?

Thanks

esprit87
post Aug 1 2018, 02:05 PM

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Hi can i know what is the package now.. Mind to share? smile.gif
Ray Leee
post Aug 1 2018, 02:48 PM

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QUOTE(mrhaha @ Jul 15 2018, 09:21 AM)
Dear Sifu.
I am new to Property investment & 1st time buying this kind of property. hope sifu can give some tips.

i went to sales gallery & book 1 unit yesterday. their package is very attractive  as only need to pay 1% which is about 7k+, with Airbnb concept, so i booked lo.

then after that only found that  no car park provided as i forget to asking about this and the agent also did not tell me.

no carpark meaning it only can use as short term stay/office/, not even suitable to a single/couple the live there. so, only usage is office/airbnb.

the ROI calculation seem good but no guarantee, i also worry hard to sell it off later. after read all comments here, i lagi worry.

should i buy it or select other property outside?

Thanks
*
so wat are the available units for now?

n like u said after reading this ure pretty worried edy, so in this case, are you gonna back out n ask for refund?
kbandito
post Aug 1 2018, 04:35 PM

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QUOTE(mrhaha @ Jul 15 2018, 09:21 AM)
Dear Sifu.
I am new to Property investment & 1st time buying this kind of property. hope sifu can give some tips.

i went to sales gallery & book 1 unit yesterday. their package is very attractive  as only need to pay 1% which is about 7k+, with Airbnb concept, so i booked lo.

then after that only found that  no car park provided as i forget to asking about this and the agent also did not tell me.

no carpark meaning it only can use as short term stay/office/, not even suitable to a single/couple the live there. so, only usage is office/airbnb.

the ROI calculation seem good but no guarantee, i also worry hard to sell it off later. after read all comments here, i lagi worry.

should i buy it or select other property outside?

Thanks
*
Don't get yourself into trouble, refund if can.
mmzoo
post Aug 10 2018, 06:21 PM

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About the no car park i think shouldnt be a problem ? i have a friend managing 30+ airbnb units in KLCC area. More then 90 percent of the tenants from other countries they dont need a carpark actually wink.gif
+ nowadays i dont think tourists will do car rental since grabcar is quite cheap and mrt lrt quite convenient as well ?Just my 2 cen biggrin.gif
BEANCOUNTER
post Aug 10 2018, 10:45 PM

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QUOTE(mmzoo @ Aug 10 2018, 06:21 PM)
About the no car park i think shouldnt be a problem ? i have a friend managing 30+ airbnb units in KLCC area. More then 90 percent of the tenants from other countries they dont need a carpark actually wink.gif
+ nowadays i dont think tourists will do car rental since grabcar is quite cheap and mrt lrt quite convenient as well ?Just my 2 cen biggrin.gif
*
Yes np problem but u need to forever rent to ppl without cars or tourists for shorr term stay

What is yr end game?
GreenHulk555
post Aug 12 2018, 12:54 AM

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Their rooftop infinity pool at Expressionz sibeh yes wor... can use it as benchmark to judge their Scarletz ar?
BEANCOUNTER
post Aug 12 2018, 10:06 AM

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QUOTE(GreenHulk555 @ Aug 12 2018, 12:54 AM)
Attached Image
Their rooftop infinity pool at Expressionz sibeh yes wor... can use it as benchmark to judge their Scarletz ar?
*
this is NOT an infinity pool. just a wet edge pool.

infinity pool mean the water in the pool merge with another body of water (such as ocean or lake) and seemingly expanding the horizon of the pool size to infinity.

GreenHulk555
post Aug 12 2018, 11:08 AM

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QUOTE(BEANCOUNTER @ Aug 12 2018, 10:06 AM)
this is NOT an infinity pool. just a wet edge pool.

infinity pool mean the water in the pool merge with another body of water (such as ocean or lake) and seemingly expanding the horizon of the pool size to infinity.
*
Attached Image
“infinity pool
:noun
a swimming pool whose positioning gives the impression that it merges into the surrounding landscape, especially the sea.” Thanks bro, now I learned what is the real infinity pool.

Paiseh la bro, 📷 skill noob abit, perhaps this picture shows better infinity pool-alike feeling... anyway, it is still a very nice fake infinity pool 😍
mmzoo
post Aug 29 2018, 05:18 PM

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QUOTE(BEANCOUNTER @ Aug 10 2018, 10:45 PM)
Yes np problem but u need to forever rent to ppl without cars or tourists for shorr term stay

What is yr end game?
*
Ermm..what i heard is they will come with season carpark..this might be a cost you need to consider?But some projects along yap kwan seng already selling above rm1800k -Rm2400 psf.So i think this project is still quite potential.
Alilah bangsar is a good example ,units come without parking .
People buy just for investment and they are doing good now.
Hmm..
mmzoo
post Aug 29 2018, 05:26 PM

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Nowadays if you want to do the long term rental the rental yield can be miserable,so now many looking for property suitable for doing short term rental.I think thats what happen to scarletz sold off in few months.Of course non of us can predict the market in future,but i personally think this project has huge potential.But i didnt buy,because i cant take more loan XD
BEANCOUNTER
post Aug 30 2018, 01:20 AM

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QUOTE(mmzoo @ Aug 29 2018, 05:18 PM)
Ermm..what i heard is they will come with season carpark..this might be a cost you need to consider?But  some projects along yap kwan seng already selling above rm1800k -Rm2400 psf.So i think this project is still quite potential.
Alilah bangsar is a good example ,units come without parking .
People buy just for investment and they are doing good now.
Hmm..
*
200 cps for 700 units? Good luck to secure one.

Which project in yks subsale 1800 up?

Alilia also got lelong units.

Alilia fortune might be shortlived once sentral suites are ready
pinkdm
post Aug 30 2018, 11:37 AM

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QUOTE(BEANCOUNTER @ Aug 30 2018, 01:20 AM)
200 cps for 700 units? Good luck to secure one.

Which project in yks subsale 1800 up?

Alilia also got lelong units.

Alilia fortune might be shortlived once sentral suites are ready
*
Hi, whether got carpark or no carpark , this is just one of the "thing" to considere or one's evaluation point.
At the end, comes down to ONLY one item - one's holding power :-

:Buy and hold real estate investing is the process of acquiring real estate,
particularly rental property, to own and profit from over a long period of time. .." in my opinion !? innocent.gif hmm.gif

* Images may be subject to copyright*

This post has been edited by pinkdm: Aug 30 2018, 11:39 AM


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mmzoo
post Sep 2 2018, 08:55 PM

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QUOTE(BEANCOUNTER @ Aug 30 2018, 01:20 AM)
200 cps for 700 units? Good luck to secure one.

Which project in yks subsale 1800 up?

Alilia also got lelong units.

Alilia fortune might be shortlived once sentral suites are ready
*
Alila not alilia. rclxms.gif

I think 250++ is sufficient enough since not many need cp .They are aiming tourists.
There are some 10+ years old projects within klcc and yks selling cheaper psf but those are like condos without facilities.
Lastest completed in YKS is The mews , selling rm1800 now.
Royce residence , Isola , Star residence selling above rm1800 now .

Which pojects dont have lelong units ???Thats another story..

Sentral suites shortlived alila?Might happen and we cant predict the future .Competition is inevitable this is something you must be aware of ,
there is no risk free investment.Just be aware of whats your position and exit plan.

I think Scarletz is still potential because lowest absolute price, awesome facilities , low psf in that area ,if you wana do short term rental can be your best choice in that area with that pricing.
Of course forget it if you planning to keep for ownstay later.

Every projects has pro and cons , i have had enough seeing people complaining about EVRY projects ,
Price very high lar, no mrt lrt larh , very jam lar that area , leasehold lar ,many projects in that area la ..
Why dont these people keep their money in bank then? sweat.gif



BEANCOUNTER
post Sep 2 2018, 09:55 PM

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QUOTE(mmzoo @ Sep 2 2018, 08:55 PM)
Alila not alilia. rclxms.gif

I think 250++ is sufficient enough since not many need cp .They are aiming tourists.
There are some 10+ years old projects within klcc and yks selling cheaper psf but those are like condos without facilities.
Lastest completed in YKS is The mews , selling rm1800 now.
Royce residence , Isola , Star residence selling above rm1800 now .

Which pojects dont have lelong units ???Thats another story..

Sentral suites shortlived alila?Might happen and we cant predict the future .Competition is inevitable this is something you must be aware of ,
there is no risk free investment.Just be aware of whats your position and exit plan.

I think Scarletz is still potential because lowest absolute price, awesome facilities , low psf in that area ,if you wana do short term rental can be your best choice in that area with that pricing.
Of course forget it if you planning to keep for ownstay later.

Every projects has pro and cons , i have had enough seeing people complaining about EVRY projects ,
Price very high lar, no mrt lrt larh , very jam lar that area , leasehold lar ,many projects in that area la ..
Why dont these people keep their money in bank then?  sweat.gif
*
I don't see any positive or pros in this project at all, period.

if I am short sighted, I can live with it.

note: skysuites sell lower or about the same price as this project.
mmzoo
post Sep 2 2018, 11:06 PM

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QUOTE(BEANCOUNTER @ Sep 2 2018, 09:55 PM)
I don't see any positive or pros in this project at all, period.

if I am short sighted, I can live with it.

note: skysuites sell lower or about the same price as this project.
*
I think diffrent projects have diffrent positioning . hmm.gif hmm.gif hmm.gif
Just my humble opinion hmm.gif hmm.gif hmm.gif
imyschong
post Sep 4 2018, 05:40 PM

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I heard that this project got Limited unit left?

This post has been edited by imyschong: Sep 4 2018, 05:40 PM
imyschong
post Sep 5 2018, 11:23 PM

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Anyone got scarletz type A high floor? Please pm me
GreenHulk555
post Sep 5 2018, 11:56 PM

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QUOTE(imyschong @ Sep 5 2018, 11:23 PM)
Anyone got scarletz type A high floor? Please pm me
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If got, can sell to u meh 🤔
imyschong
post Sep 6 2018, 12:14 AM

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QUOTE(GreenHulk555 @ Sep 5 2018, 11:56 PM)
If got, can sell to u meh 🤔
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Haha.. not those sudah sign s&p 1 la...
pinkdm
post Sep 6 2018, 11:40 AM

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QUOTE(imyschong @ Sep 6 2018, 12:14 AM)
Haha.. not those sudah sign s&p 1 la...
*
Hi, for those thnking of doing Airbnb , as at 2016, there are ady 31743 (hotel) rooms around KL area !? innocent.gif hmm.gif

This post has been edited by pinkdm: Sep 6 2018, 11:41 AM


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n0name8886
post Oct 2 2018, 03:07 PM

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QUOTE(GreenHulk555 @ Sep 5 2018, 11:56 PM)
If got, can sell to u meh 🤔
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PM me 😀
GreenHulk555
post Oct 3 2018, 07:06 AM

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QUOTE(n0name8886 @ Oct 2 2018, 03:07 PM)
PM me 😀
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Might as well u wait for Scarletz 2, coming soon..
n0name8886
post Oct 3 2018, 11:09 AM

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Yes. Scarletz 2 coming soon. PM me for more details smile.gif
pinkdm
post Oct 9 2018, 03:09 PM

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QUOTE(n0name8886 @ Oct 3 2018, 11:09 AM)
Yes. Scarletz 2 coming soon. PM me for more details smile.gif
*
Hi, the main. fees that h i g H !? innocent.gif hmm.gif


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n0name8886
post Oct 11 2018, 07:04 PM

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QUOTE(pinkdm @ Oct 9 2018, 03:09 PM)
Hi, the main. fees that h i g H !? innocent.gif  hmm.gif
*
Hi, regarding your concern about Scarletz's maintenance fees, for reference serviced residences around KLCC area are about RM0.70-RM1.00psf.

Scarletz units are small so absolute fees aren't that high, the fees are to ensure that buildings are well maintained for better value appreciation in the future.

biggrin.gif
GreenHulk555
post Oct 11 2018, 08:49 PM

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QUOTE(n0name8886 @ Oct 3 2018, 11:09 AM)
Yes. Scarletz 2 coming soon. PM me for more details smile.gif
*
Share the location of scarletz 2 please. Next to scarletz 1 arr?
BEANCOUNTER
post Oct 11 2018, 10:46 PM

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QUOTE(n0name8886 @ Oct 11 2018, 07:04 PM)
Hi, regarding your concern about Scarletz's maintenance fees, for reference serviced residences around KLCC area are about RM0.70-RM1.00psf.

Scarletz units are small so absolute fees aren't that high, the fees are to ensure that buildings are well maintained for better value appreciation in the future.

biggrin.gif
*
rm0.70 to 1.00????????

good luck to skysuites and the rest. devil.gif

rm1.00psf....you think Scarletz is same grade as Binjai on the Park?
pinkdm
post Nov 8 2018, 12:36 PM

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QUOTE(GreenHulk555 @ Oct 11 2018, 08:49 PM)
Share the location of scarletz 2 please. Next to scarletz 1 arr?
*
Hi, take a look at this :- hmm.gif


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Clement1001
post Nov 8 2018, 12:53 PM

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Exsim still in expansion mode, daring developer.
sekelord
post Dec 11 2018, 08:11 AM

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QUOTE(n0name8886 @ Oct 3 2018, 11:09 AM)
Yes. Scarletz 2 coming soon. PM me for more details smile.gif
*
Pm

This post has been edited by sekelord: Dec 11 2018, 08:11 AM
StanleySAPBasis
post Dec 12 2018, 05:08 PM

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QUOTE(n0name8886 @ Oct 3 2018, 11:09 AM)
Yes. Scarletz 2 coming soon. PM me for more details smile.gif
*
pm for Scarletz 2 . Thank you.
jinn27133
post Dec 26 2018, 03:52 PM

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Any buyer for scarletz here ?
StanleySAPBasis
post Dec 31 2018, 02:40 PM

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Anyone is looking for Type B unit? My loan cannot be approved and wish to get someone to take over my booked unit so that I don't need to waste RM500 to revoke my booking. SADLY cry.gif
kei86
post Dec 31 2018, 09:08 PM

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QUOTE(StanleySAPBasis @ Dec 31 2018, 02:40 PM)
Anyone is looking for Type B unit? My loan cannot be approved and wish to get someone to take over my booked unit so that I don't need to waste RM500 to revoke my booking. SADLY  cry.gif
*
Try to ask the agent to help you if you buy from agency ,maybe they can help on .
Jzkill
post Jan 2 2019, 12:19 AM

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QUOTE(n0name8886 @ Oct 3 2018, 11:09 AM)
Yes. Scarletz 2 coming soon. PM me for more details smile.gif
*
PM for scarletz 2
BEANCOUNTER
post Jan 2 2019, 07:06 AM

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QUOTE(StanleySAPBasis @ Dec 31 2018, 02:40 PM)
Anyone is looking for Type B unit? My loan cannot be approved and wish to get someone to take over my booked unit so that I don't need to waste RM500 to revoke my booking. SADLY  cry.gif
*
huh? all these bcos of rm500????????

I was about to ask you for additional rm5000 if I were to take over your unit.

you should thank the bank officer who rejected your loan. losing rm500 now is a blessing.
enigma666
post Mar 14 2019, 12:38 PM

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fiance regretting big time with Exsim Rainz purchase...
get more details of the issues with Rainz owners...VPed about 9mths back and Exsim delivers shitty promises....

no more in the class of boutique developer...Michael Yam and Michelle just runaway without addressing problems....

all lame excuses...FB and whatever group (be it whatsapp or telegram) have admin (so called owners) in the pretext who backs up the developer....

stay away from their developments

i want to see what happen to my comments/status with all this comments in LYN
swissalto
post Apr 7 2019, 05:37 AM

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QUOTE(khairulNorzi @ Apr 5 2019, 05:24 PM)
Who still wanna grab Scarletz? I can help
*
Any more dual keys? Please PM details if got any at hand
dave1987
post Jun 5 2019, 05:24 PM

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emm.. this project 100% can get back ROI? Prime location and affordable price
core9design
post Jun 21 2019, 01:50 PM

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PM on scarletz
ahhanhan1
post Jul 19 2019, 01:01 PM

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Any whatsapp group for Scarletz buyer?
If yes PM me.
TTMCD
post Jul 31 2019, 01:29 PM

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EXSIM - Scarletz Suites Site Progress @ July 2019

notworthy.gif



This post has been edited by TTMCD: Jul 31 2019, 01:31 PM
csyow331
post Sep 16 2019, 10:46 PM

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Any available scarletz unit?
tingthinking14
post Oct 21 2019, 12:59 PM

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.

This post has been edited by tingthinking14: Aug 25 2020, 03:15 PM
unrealyangz P
post Jan 26 2020, 06:35 PM

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I am existing buyer for Exsim project.
Pm me to share referral fees together before you make the booking.
agusid
post May 20 2020, 09:39 PM

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any agent please PM?
l3ugged
post Aug 25 2020, 03:10 PM

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Hi peeps, there're currently 2 developer units available.

Unit no: 42-01
Size: 450sf
Type: C
SPA price: RM 808,000

Unit no: 28-06
Size: 550sf
Type: D
SPA price: RM 998,000

Booking Fee RM1,000
Pm me for sales package
Whatsapp : https://wa.link/0dkzbm

This post has been edited by l3ugged: Aug 25 2020, 03:11 PM
Babizz
post Aug 25 2020, 03:22 PM

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QUOTE(l3ugged @ Aug 25 2020, 01:10 AM)
Hi peeps, there're currently 2 developer units available.

Unit no: 42-01
Size: 450sf
Type: C
SPA price: RM 808,000

Unit no: 28-06
Size: 550sf
Type: D
SPA price: RM 998,000

Booking Fee RM1,000
Pm me for sales package
Whatsapp : https://wa.link/0dkzbm
*
After VP 30-40% drop n 2% net rental yield.
bigman
post Aug 25 2020, 03:25 PM

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QUOTE(l3ugged @ Aug 25 2020, 03:10 PM)
Hi peeps, there're currently 2 developer units available.

Unit no: 42-01
Size: 450sf
Type: C
SPA price: RM 808,000

Unit no: 28-06
Size: 550sf
Type: D
SPA price: RM 998,000

Booking Fee RM1,000
Pm me for sales package
Whatsapp : https://wa.link/0dkzbm
*
jalan yap kwan seng...2k psf...really kidding man
ryan@chua
post Sep 13 2020, 05:04 PM

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High end condo quality like sh*t??
Rusted rebar can be continued casting? maybe I am new to Malaysia building construction 🧐

Exsim cut cost on internal materials, due to overspending on ID and "lifestyle facilities" ??
😆 Good luck to Exsim fanssssss🤑
Attached Image

This post has been edited by ryan@chua: Sep 13 2020, 05:16 PM
jetzxp
post Sep 13 2020, 05:22 PM

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QUOTE(ryan@chua @ Sep 13 2020, 05:04 PM)
High end condo quality like sh*t??
Rusted rebar can be continued casting?  maybe I am new to Malaysia building construction 🧐

Exsim cut cost on internal materials, due to overspending on ID and "lifestyle facilities" ??
😆 Good luck to Exsim fanssssss🤑
Attached Image
*
This rust coating will not affect the rebar strength la. Normal only la, rust on the surface only, not corroded
ryan@chua
post Sep 13 2020, 05:26 PM

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QUOTE(jetzxp @ Sep 13 2020, 06:22 PM)
This rust coating will not affect the rebar strength la. Normal only la, rust on the surface only, not corroded
*
Oicccc.... You definitely new to construction also. 😜
Suggest you to consult a IR before talk to me 😊

This post has been edited by ryan@chua: Sep 13 2020, 05:27 PM
jetzxp
post Sep 13 2020, 05:37 PM

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QUOTE(ryan@chua @ Sep 13 2020, 05:26 PM)
Oicccc.... You definitely new to construction also. 😜
Suggest you to consult a IR before talk to me 😊
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I forgot stated in which standard la, rust caused by the reaction of water and oxygen shall not be the reason for rejection etc... no need to over react la
ryan@chua
post Sep 13 2020, 05:47 PM

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QUOTE(jetzxp @ Sep 13 2020, 06:37 PM)
I forgot stated in which standard la, rust caused by the reaction of water and oxygen shall not be the reason for rejection etc... no need to over react la
*
Do you think Malaysia rain is acidic?
Obviously this is caused by the rain, so not a good practice to order too much rebar store at site usually, especially during this pandemic period, site stop for few months, a good QP will urge contractors to wash out the rust.
😂

This post has been edited by ryan@chua: Sep 13 2020, 05:51 PM
jetzxp
post Sep 13 2020, 05:50 PM

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QUOTE(ryan@chua @ Sep 13 2020, 05:47 PM)
Do you think Malaysia rain is acidic?
😂
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You are definitely new..
ryan@chua
post Sep 13 2020, 05:51 PM

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QUOTE(jetzxp @ Sep 13 2020, 06:50 PM)
You are definitely new..
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You got zero knowledge of construction. 😂 Don't just rely on Google. Go further check and study 1st.🤪

This post has been edited by ryan@chua: Sep 13 2020, 05:52 PM
jetzxp
post Sep 13 2020, 05:55 PM

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QUOTE(ryan@chua @ Sep 13 2020, 05:51 PM)
You got zero knowledge of construction. 😂 Don't just rely on Google. Go further check and study 1st.🤪
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Stop making yourself look more stupid..
ryan@chua
post Sep 13 2020, 05:56 PM

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QUOTE(jetzxp @ Sep 13 2020, 06:55 PM)
Stop making yourself look more stupid..
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Obviously you are a IR in civil, don't shy to show me your cert
Boss 😜

This post has been edited by ryan@chua: Sep 13 2020, 05:57 PM
Piekzz
post Sep 13 2020, 10:03 PM

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QUOTE(ryan@chua @ Sep 13 2020, 05:04 PM)
High end condo quality like sh*t??
Rusted rebar can be continued casting?  maybe I am new to Malaysia building construction 🧐

Exsim cut cost on internal materials, due to overspending on ID and "lifestyle facilities" ??
😆 Good luck to Exsim fanssssss🤑
Attached Image
*
Show me any project or ongoing project without rusted rebar like this?
Piekzz
post Sep 13 2020, 10:05 PM

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QUOTE(jetzxp @ Sep 13 2020, 05:22 PM)
This rust coating will not affect the rebar strength la. Normal only la, rust on the surface only, not corroded
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I really excited to see the high quality rebar developer use for their construction.
Piekzz
post Sep 13 2020, 10:05 PM

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.

This post has been edited by Piekzz: Sep 13 2020, 10:05 PM
ryan@chua
post Sep 13 2020, 10:28 PM

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QUOTE(Piekzz @ Sep 13 2020, 11:03 PM)
Show me any project or ongoing project without rusted rebar like this?
*
I just share out what I know.😊
Doesn't mean I have to spoon feed everything
Spend some efforts, find out yourself 😉
This forum is for info sharing, if you know every projects with such bad practice, then don't mind to post here share it with us 👍

This post has been edited by ryan@chua: Sep 13 2020, 10:29 PM
Piekzz
post Sep 14 2020, 12:23 AM

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QUOTE(ryan@chua @ Sep 13 2020, 10:28 PM)
I just share out what I know.😊
Doesn't mean I have to spoon feed everything
Spend some efforts, find out yourself 😉
This forum is for info sharing, if you know every projects with such bad practice, then don't mind to post here share it with us 👍
*
Hahaha reality is all rebar are rusted. Even all the rebar of highway are rusted. So blame government also lo. Lmao when I see u your rebar rusted coz of cut cost hahaha
ryan@chua
post Sep 14 2020, 12:29 AM

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QUOTE(Piekzz @ Sep 14 2020, 01:23 AM)
Hahaha reality is all rebar are rusted. Even all the rebar of highway are rusted. So blame government also lo. Lmao when I see u your rebar rusted coz of cut cost hahaha
*
Advise you go down to site, checking 1st whether it is partially rusted or how many % surface rusted.
Again, do your due diligence 1st before salesman talk here.
Salesman need to learn some technical also not just sweet talking
Piekzz
post Sep 14 2020, 12:51 AM

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QUOTE(ryan@chua @ Sep 14 2020, 12:29 AM)
Advise you go down to site, checking 1st whether it is partially rusted or how many % surface rusted.
Again, do your due diligence 1st before salesman talk here.
Salesman need to learn some technical also not just sweet talking
*
No choice. Coz this is the first time I hear some funny guy say developer cut cost due to rebar rusted. If rebar rusted got problem. Then the whole condo in the world also tak boleh pakai already. Come on just show me the rebar notrust being use in condo construction. Is it that hard for u? Or u can’t even find 1
ryan@chua
post Sep 14 2020, 12:53 AM

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QUOTE(Piekzz @ Sep 14 2020, 01:51 AM)
No choice. Coz this is the first time I hear some funny guy say developer cut cost due to rebar rusted. If rebar rusted got problem. Then the whole condo in the world also tak boleh pakai already. Come on just show me the rebar notrust being use in condo construction. Is it that hard for u? Or u can’t even find 1
*
Exactly a typical agent style.
Lazyzzz to do homework, barking only😆
Keep it up, I won't stop you 🤪

This post has been edited by ryan@chua: Sep 14 2020, 12:55 AM
jetzxp
post Sep 14 2020, 12:56 AM

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QUOTE(ryan@chua @ Sep 14 2020, 12:29 AM)
Advise you go down to site, checking 1st whether it is partially rusted or how many % surface rusted.
Again, do your due diligence 1st before salesman talk here.
Salesman need to learn some technical also not just sweet talking
*
So you did went down to site?
Piekzz
post Sep 14 2020, 01:09 AM

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QUOTE(ryan@chua @ Sep 14 2020, 12:53 AM)
Exactly a typical agent style.
Lazyzzz to do homework, barking only😆
Keep it up, I won't stop you 🤪
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Ei don’t change topic la. Faster show me the good rebar that u mention.
ryan@chua
post Sep 14 2020, 01:09 AM

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QUOTE(jetzxp @ Sep 14 2020, 01:56 AM)
So you did went down to site?
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Another agent 😆
ryan@chua
post Sep 14 2020, 01:12 AM

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QUOTE(ryan@chua @ Sep 13 2020, 06:47 PM)
Do you think Malaysia rain is acidic?
Obviously this is caused by the rain, so not a good practice to order too much rebar store at site usually, especially during this pandemic period, site stop for few months, a good QP will urge contractors to wash out the rust.
😂
*
Read properly before barking, agentzzz
😆
damn lazy to entertain agentzzz, will stop till a qualified QP/IR from developer ✋

This post has been edited by ryan@chua: Sep 14 2020, 01:13 AM
icemanfx
post Sep 14 2020, 03:20 AM

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QUOTE(jetzxp @ Sep 13 2020, 05:37 PM)
I forgot stated in which standard la, rust caused by the reaction of water and oxygen shall not be the reason for rejection etc... no need to over react la
*
QUOTE(Piekzz @ Sep 13 2020, 10:03 PM)
Show me any project or ongoing project without rusted rebar like this?
*
QUOTE(Piekzz @ Sep 14 2020, 12:23 AM)
Hahaha reality is all rebar are rusted. Even all the rebar of highway are rusted. So blame government also lo. Lmao when I see u your rebar rusted coz of cut cost hahaha
*
QUOTE(Piekzz @ Sep 14 2020, 12:51 AM)
No choice. Coz this is the first time I hear some funny guy say developer cut cost due to rebar rusted. If rebar rusted got problem. Then the whole condo in the world also tak boleh pakai already. Come on just show me the rebar notrust being use in condo construction. Is it that hard for u? Or u can’t even find 1
*
What was the extent of rust?

This post has been edited by icemanfx: Sep 14 2020, 03:42 AM
SUSxander83
post Sep 14 2020, 05:21 AM

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QUOTE(icemanfx @ Sep 14 2020, 03:20 AM)
What was the extent of rust?
*
RUST is caused by the reaction of air (O2) and moisture (H2O), and it is a common and natural phenomenon for most steel products. IT SHALL NEVER BE CAUSE OF CONCERN/REJECTION OF REBAR, AS PER BIS. CORROSION is an electrochemical reaction between a metal and its environment. rclxms.gif
ryan@chua
post Sep 14 2020, 08:58 AM

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QUOTE(xander83 @ Sep 14 2020, 06:21 AM)
RUST is caused by the reaction of air (O2) and moisture (H2O), and it is a common and natural phenomenon for most steel products. IT SHALL NEVER BE CAUSE OF CONCERN/REJECTION OF REBAR, AS PER BIS. CORROSION is an electrochemical reaction between a metal and its environment.  rclxms.gif
*
Boss, that clause apply to normal % of surface rust caused by normal water so is acceptable. Caused by Acidic Rain and keep at site very long is not acceptable and have to send for testing. Wash out the rust of rebar on site is very normal procedure in Singapore and Australia, maybe not in Bolehland, cheers.

This post has been edited by ryan@chua: Sep 14 2020, 08:59 AM
chong8888
post Sep 14 2020, 03:02 PM

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QUOTE(Piekzz @ Sep 13 2020, 10:03 PM)
Show me any project or ongoing project without rusted rebar like this?
*
Agreed, show me too please biggrin.gif biggrin.gif biggrin.gif
*im not agent, im just curious about which site steel bar no any rusty bar*

This post has been edited by chong8888: Sep 14 2020, 03:15 PM


Attached thumbnail(s)
Attached Image
jetzxp
post Sep 14 2020, 03:11 PM

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QUOTE(ryan@chua @ Sep 14 2020, 01:09 AM)
Another agent 😆
*
No need to be like a kid la. You also providing your "professional" opinion on the photo yourself only. Based on a photo, how you know the extent of rust? From what I can see from the photo, the rust is normal only. You think if the condition is severe, the consultant engineer dare to take responsibility and sign ah?
You working in the site? How you know they didn't do testing for the steel bars?
Don't provide such negative judgement on a developer and property based on your thoughts from a photo la. You don't know how the buyer and investor will feel if they blindly listen to your "professional" opinion.

I not a prop agent. thanks
Piekzz
post Sep 14 2020, 03:20 PM

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QUOTE(chong8888 @ Sep 14 2020, 03:02 PM)
Agreed, show me too please  biggrin.gif  biggrin.gif  biggrin.gif
*im not agent, im just curious about which site steel bar no any rusty bar*
*
According to Ryan@chua,This is cheap material!!! And u are agent hahaha
jetzxp
post Sep 14 2020, 03:27 PM

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QUOTE(Piekzz @ Sep 14 2020, 03:20 PM)
According to Ryan@chua,This is cheap material!!! And u are agent hahaha
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Maybe he is the owner of this forum, anyone against his "professional" thoughts is an agent biggrin.gif biggrin.gif
SUSxander83
post Sep 15 2020, 02:44 AM

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QUOTE(ryan@chua @ Sep 14 2020, 08:58 AM)
Boss, that clause apply to normal % of surface rust caused by normal water so is acceptable. Caused by Acidic Rain and keep at site very long is not acceptable and have to send for testing. Wash out the rust of rebar on site is very normal procedure in Singapore and Australia, maybe not in Bolehland, cheers.
*
According to BIS, rust should not be more than 20% which has been tested and certified

The concern with rust is how the iron rebar being stored and protected from the elements

Washing is common but you know Malaysia anything is possible like you said rclxms.gif
chong8888
post Sep 15 2020, 02:03 PM

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QUOTE(ryan@chua @ Sep 14 2020, 06:29 PM)
Why you curi curi take photo from another Exsim project 😂😆
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that's one of the steel bar in supplier warehouse, so im very curious the site steel bar without rusty, since you alot knowledge in construction industry, so im come learn something from you sifu.
Babizz
post Sep 16 2020, 09:30 AM

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You'll fight about the steel bar la.

Real party is after VP when this joins the auction hall.
ryan@chua
post Sep 16 2020, 12:31 PM

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QUOTE(chong8888 @ Sep 16 2020, 10:14 AM)
LOL, what's the point to go Hollywood bro, u out of topic, we talk about rusty bar on site, so give me some photo that site using the mild steel or high tensile bar without rusty. And actually are you one of the buyer? or investor of exsim?
*

I am your vvip boss. Let me register your Facebook ads 1 by 1 Then go sales galleries entertain you. 😆 Else pity your sales during this pandemic period. 😆
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post Sep 19 2020, 06:21 PM

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rotloi
post Oct 18 2020, 11:08 PM

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So many development in this place... i thought the rebar is like that color.. orange.

This post has been edited by rotloi: Oct 18 2020, 11:12 PM
thunderaj
post Aug 19 2022, 01:20 AM

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Any scarletz owner. Here

This post has been edited by thunderaj: Aug 19 2022, 01:21 AM
stevie8
post Aug 19 2022, 11:55 AM

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QUOTE(thunderaj @ Aug 19 2022, 01:20 AM)
Any scarletz  owner. Here
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Me
SUSNajibaik
post Aug 23 2022, 10:54 PM

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QUOTE(teoanne @ Mar 13 2018, 11:49 PM)
And here are more documents...

1. the projected ROI from MyKey, whom we can choose to manage it as an Airbnb
2. the COCY
3. Type A 450sf layout
*
lowyat forum is time machine
agent potrayed room rate RM320 per night, 21 days occupancy, wonder what is the rate now?

But tbh saw agents sharing on vp video, looks like workmanship is fantastic thumbsup.gif
niveaintensive P
post Sep 1 2022, 10:32 PM

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Avoid any exsim properties at this point. Their newer projects are mostly being used for airbnb purposes but maintenance is completely non existent. The two previous projects are pretty new but completely horrible. Expressionz is infected by pests while Ceylonz is damaged badly.
wotpian
post Sep 1 2022, 10:46 PM

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Could be too fancy issue.
Always nice to look at.. but not easy to maintain.

Too bad exism mostly are serviced apartments. Including this scarletz... If not wrong. Their properties really good for airbnb business. Maybe need JMB help to ban it. 😅 But if most of the JMB into airbnb business, you can only pray hard... 🥴

This post has been edited by wotpian: Sep 1 2022, 10:47 PM
SUSNajibaik
post Sep 2 2022, 10:33 AM

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QUOTE(wotpian @ Sep 1 2022, 10:46 PM)
Could be too fancy issue.
Always nice to look at.. but not easy to maintain.

Too bad exism mostly are serviced apartments. Including this scarletz... If not wrong. Their properties really good for airbnb business. Maybe need JMB help to ban it. 😅 But if most of the JMB into airbnb business, you can only pray hard... 🥴
*
can't really imagine airbnb in klcc area can cover their property installment
there are plenty nice hotel with lower price compared to the asking airbnb rates not to mention the competition between airbnb itself
iampropertyqueen P
post Sep 6 2022, 03:06 PM

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Hello, To all Scarletz suite, Jln Yap Kwan Seng Owners

I am 1 of the owner in this Scarletz & Ceylonz suite. This building is design for short term rental investment purpose (Airbnb) Not suitable for long stay or own stay.

The problem now is the management from developer keep changing & forcing client/owner to sign up with some non reputable 1 man show operator company called G Suite or known as Ango properties is a blacklisted operated in Ceylonz suite project by the same developer.

This operator just a very new in this industries and get blacklisted, and in 2021 the company is declare a lose profit overall sad.gif dont think so because tax purpose (few hundred thousand making loss)

And this operator keep saying give guarantee return but this money is pay by his own pocket money i think, do you feel safe?

This coperator founder also is property agent and she will steal all your client database too.

I advise all owner do your due diligence before sign up any operator. Owner have the right to choose any one.

From
Been Conned Owner
aaron1717
post Sep 7 2022, 09:48 AM

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QUOTE(Najibaik @ Sep 2 2022, 10:33 AM)
can't really imagine airbnb in klcc area can cover their property installment
there are plenty nice hotel with lower price compared to the asking airbnb rates not to mention the competition between airbnb itself
*
current travel climate is different... ppl who stay airbnb wont look at nice hotel... vice versa.... hotels in klcc how cheap also they cant provide you with a proper 450sqft studio also with kitchen/pantry... and.... the new toilet bowl effect.... tongue.gif tongue.gif
aaron1717
post Sep 7 2022, 09:49 AM

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QUOTE(wotpian @ Sep 1 2022, 10:46 PM)
Could be too fancy issue.
Always nice to look at.. but not easy to maintain.

Too bad exism mostly are serviced apartments. Including this scarletz... If not wrong. Their properties really good for airbnb business. Maybe need JMB help to ban it. 😅 But if most of the JMB into airbnb business, you can only pray hard... 🥴
*
same applies to all arte properties... after 1-2 years... run down due to wear n tear and most owners default their maintenance fees... lol
AskarPerang
post Oct 20 2022, 02:28 PM

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First lelong unit check in.
Can wait for price drop.


user posted image
bigfoot1792 P
post Feb 28 2023, 04:24 PM

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hi, any Scarletz owner here? smile.gif

just want to ask, did u guys buy for own stay or investment? if investment, is it managed by Mykey? are they a good management company for the units there in Scarletz?
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post Mar 2 2023, 09:52 PM

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QUOTE(bigfoot1792 @ Feb 28 2023, 04:24 PM)
hi, any Scarletz owner here? smile.gif

just want to ask, did u guys buy for own stay or investment? if investment, is it managed by Mykey? are they a good management company for the units there in Scarletz?
*
Wanna know too 👀
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post Mar 29 2023, 05:05 PM

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bump

This post has been edited by AceDeatH: Mar 29 2023, 05:06 PM
Newbie_Investor
post Apr 11 2023, 04:09 PM

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QUOTE(bigfoot1792 @ Feb 28 2023, 04:24 PM)
hi, any Scarletz owner here? smile.gif

just want to ask, did u guys buy for own stay or investment? if investment, is it managed by Mykey? are they a good management company for the units there in Scarletz?
*
Based on the knowledge from my own source of information, the average monthly net income for owners is approximately RM2.4k only (excludes maintenance fee, sinking fund, quit rent, IWK, DBKL’s assessment fee, fire insurance which owners still have to pay by themselves). Thus, you can evaluate it yourself if it is worth to engage MyKey to manage the property for you.

I hope others are willing to share the average net monthly income from other operators which can be useful for my knowledge.

This post has been edited by Newbie_Investor: Apr 11 2023, 04:14 PM
wakeng
post May 8 2023, 12:17 PM

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I was just at Scarletz yesterday and found the place to be very well kept. I dont think the property would be a good idea for own stay at all. It is more of an investment property. Saw lots of Russian tourist and the queue for check in on a Sunday was pretty busy too. There is no dedicated parking provided. So if you plan for own stay, its RM5 per entry every day for parking. The property is niche which caters to higher end Abnb concept. Rental prices range from RM150/day (low season) up to RM350+ during peak.
Alan5673
post Jul 29 2023, 10:39 PM

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I was stayed at Scarletz last month in Jun23, i am amazed the quality of furnishing. Full of people queue in front of check-in counter event in non peak seasion and weekday. However, check in experience was good, it took me about 15 mins to check in. The carpark is small but not many was occupied, i parked at 1st and 2nd floor during my 2 days stay at Scarletz. The overall experience is good and congrat to those who invested in this project despite it has been questioned and challenged by some others in this forum. Anyway, this is a very good start and hope the quality and maintenance can continue.
Izzy851
post Aug 15 2023, 11:04 AM

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QUOTE(Newbie_Investor @ Apr 11 2023, 04:09 PM)
Based on the knowledge from my own source of information, the average monthly net income for owners is approximately RM2.4k only (excludes maintenance fee, sinking fund, quit rent, IWK, DBKL’s assessment fee, fire insurance which owners still have to pay by themselves). Thus, you can evaluate it yourself if it is worth to engage MyKey to manage the property for you.

I hope others are willing to share the average net monthly income from other operators which can be useful for my knowledge.
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I signed up with mykey too. The returns not so promising. Maybe they engage too many units diluted the profits sharing.
Will have to find other operators or own manage after the contract over.

AskarPerang
post Aug 15 2023, 12:03 PM

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QUOTE(AskarPerang @ Oct 20 2022, 02:28 PM)
First lelong unit check in.
Can wait for price drop.
user posted image
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This first lelong unit still available in the market. Called off last year.
But now enter lelong again. Seems like this owner having difficulty again.

Auction date: 28th Aug 2023 (Mon), 3.00PM



Lelong record for 450sqft. In June this year.
from 567K, sold at 645K.

Good catch?


user posted image
Alan5673
post Aug 18 2023, 06:10 PM

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QUOTE(stevie8 @ Aug 19 2022, 11:55 AM)
Me
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How's the occupency rate there? Can this generate positive cash flow?
AskarPerang
post Aug 28 2023, 09:49 PM

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QUOTE(AskarPerang @ Oct 20 2022, 02:28 PM)
First lelong unit check in.
Can wait for price drop.
user posted image
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QUOTE(AskarPerang @ Aug 15 2023, 12:03 PM)
This first lelong unit still available in the market. Called off last year.
But now enter lelong again. Seems like this owner having difficulty again.

Auction date: 28th Aug 2023 (Mon), 3.00PM 

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This first lelong unit finally sold today.
From 570K, sold at 635K.

Good catch?


user posted image

ahtom82
post Sep 17 2023, 11:20 AM

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I guess if no owner is sharing about their profits, means their units in scarletz are doing very well? Cause nothing to complain if they are receiving a lot of profit from their units every month.
Cavatzu
post Sep 17 2023, 01:02 PM

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QUOTE(ahtom82 @ Sep 17 2023, 11:20 AM)
I guess if no owner is sharing about their profits, means their units in scarletz are doing very well? Cause nothing to complain if they are receiving a lot of profit from their units every month.
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The number of incoming tourists is very high from what I observed. Malaysia is still one of the more affordable places for a holiday and don’t forget the annual Arab migrants fleeing their summer.
Fantastic11
post Jan 21 2025, 10:48 PM

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