From OKR to Kepong, and now back to OKR.

Tomorrow more info.

This post has been edited by accetera: Mar 26 2018, 11:41 AM

Kl south is okr?

I thought ms already used kl south in dengkil/bangi?

Just a gentle reminder, another 40mins to go

OKR?
More development.. More jam 😈

Parc3 also used 'KL South' tagline too, and its just across the road from Sunway Velocity.

Yeah sounds like Cheras / TBS areas are more relevant to it. This is what Aquata claims it too.

http://propsquare.my/2018/03/26/aikbee-gro...old-klang-road/

This one I can accept as KL South, but the Bangi one really speechless.. How can Bangi considered as KL South

Bangi site should call Klang Valley South

Then how about Seremban??
Some are promoting the place as KV South 😕

yalo..
still Marketing gadget

from 700psf? hhmmmmm
exsim's millerz is priced higher right?

by looking at the Propsquare's info, the site is not facing main road(OKR) but inside. just wonder how would be the traffic with this >1K unit VP, the road there is so narrow ? now also quite jam in front of the pearl int' traffic light...

3 phases, big project, Seksan's signature

Coming in Q1 2019.




This post has been edited by accetera: Mar 26 2018, 11:40 AM

Bangi/Dengkil is Selangor.... maybe they have different meaning for "KL" (not Kuala Lumpur)


Exact location?

You fulfill what you have promised yesterday, great!

This post has been edited by jhuitan: Mar 26 2018, 12:22 PM

OKR another Kepong mushroom with Condo development

gambateh OKR.... still not bad with their location in between PJ and KL... and alot of freehold projects there... cantik....

Don't think there's another meaning for "KL"
Because thier SA promo as southern KL gateway 😕

That area sure gonna be super congested later on 😈
Too much supply coming on...

well no location in KL can run away from being highly congested... even luxurious area like MK also so congested... so for fellow Kl-ian should have already accepted the fact....

But but there's some people still insisted on living like kampung environment in KL

very hard wor... unless super luxury places like bukit tunku... u get alot of kampung or green environment... haha

That's really high keras area..
Hard to penetrated 💪

better to be congested near your destination rather than be congested far from your destination, right?
and OKR is known to be close to everywhere but they themselves are nowhere.
lol

Is it really behind residency V? if checking the map on propsquare, it's the land behind residency V.

Indeed there is a piece of land next to residency V. But isn't the access to that place pretty bad? Unless there is a new road direct from OKR.

Should b that land. 800psf. Lmao

Dun need make a new road. There is an existing road you can access to this land. The road next to Petronas (closed down now) is called Jalan Sepadu 6 (highlighted in yellow). It's just very narrow now, but you still can access it. I guess developer will widen the road in the future.



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Yeah... after looked at the google street maps, the road is damn narrow like those kampung road.

i think this location behind COCO steambot? i know there's land belong to them.. Last time plan to call Pearl Point 3

Yes, just behind the coco steamboat. Sometimes I use this road to avoid jam...

Something wrong with the 3D. Should have 10x more cars on the road

The current one, only 1 car can pass..
I guess they would widen a bit the road, so 2 cars can go 💪
Don't expected 4 lane road because there's no more space left 😕

See the map carefully and see the rendering closely. Will it cover the coco land?

Kind of pity the Residency V owners who bought the units facing north, tho, coz their view will be blocked by this project in a few years time.

nowadays... u cant expect to have unblocked view... even those who bought lakeville facing the lake also got told by agents view will be unblocked... who knows china kaki go and reclaim the lake and build a condo there... never say never in your life....

Probably yes...

Wow!! Coco might move again......

one of the example is near Nova Sri Utara Semi D

Also facing any empty land or unused land or fields will be become super highway

Yeah, that's why it's best to avoid new launches situated near some large empty plot of land in front of it. Never know what kind of high-rise will emerge out of that.

Luckily that developer which owned the plot of land in front of my condo couldn't proceed with the construction due to the bad response from potential buyers. Hearsay that they tried to price it at RM 1,5xx/sf but ended up with no takers.

Phase 1 - 2 residential towers 650units
Phase 2 - 2 residential towers 650 units
Phase 3 - 1 residential tower 300 unit + retail lots

The towers will be from 34 to 54 storeys high while the build up of 700 to 1100 sqft.
The indicative price between rm700 to rm900 psf, and maintenance fee with sinking fund is estimated to be 30 to 40 sen psf.

Thanks for the indicative pricing.

At this pricing and maintenance fee of RM 0.40/sf (if confirmed), then might as well go for Tria @ 9 Seputeh dy which is past the Taman Desa intersection and most of the OKR jam.

Wah...so confidence for selling price

The orientation of the tower on-top-of coco look extremely funny.

I don't think the architect will design in such a way with side the building facing OKR.

NDV = 1,600units x RM800psf x 800sqft/unit = RM1,024million (RM1.024billion)
Land cost = RM340sqft x 6.5ac x 43560 = RM96.27million
Land to NDV ratio = 9.4% (Not very high and under acceptable level)
But let assume RM1,024million seperated into 3 phases = RM340million/phase
Aik Bee need to get the bridging loan of at least RM113million.
Even @20% profit of RM340million (phase1), which is RM68million,
Phase 2 still need to get bridging loan.
So, it is expected the overall development will be no less than 10 years assuming,
4+4+2 (Mix development with average 4years dev. period).

Even if charge the enitre RM65million to bank with term loan of 60% from RM65million,
only can get RM39million out from the land for bridging loan facilities.
Again, this is assume that the current land is 100% free from encumbrances and not charge to the bank. It's very unlikely...

if got 10% discount?

If facing OKR, it will be west facing and no KL view though.

Well, if the 7% + 2% rebates for Tria are still there, I'd still go for it rather than this project at a similar pricing.

The only problem with it is the htc nearby, tho.

good eye. looks like Coco will have to move again lol.

bro very good and clear calculation , first time see such a detail info. For us dono how to count , thk for sharing

Ya. Claps

Parking!

Parking for updates

Anyone knows what happened to this project? What is the latest update?

finally starting ?


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Wah seems like the project suspended for quite awhile. Parking to look see for information.

The boss Have a full meal n sell bau.