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

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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
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.
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
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Good questions.
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
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True.
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.
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?)
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If you're talking about Exsim next project. I think most likely in 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?


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.
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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)


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.




 

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