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 AXON @ BUKIT BINTANG by Aset Kayamas, The Benchmark of Ownership in KL

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BEANCOUNTER
post Feb 1 2019, 11:42 AM

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QUOTE(keneeth111 @ Feb 1 2019, 07:00 AM)
yes FF
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Fully furnished mean bedframe and mattress are provided, same with tv conso and sofa and curtains....one just needs to move in with suitcase

or

Fully upfitted - meaning lighting aircond and kitchen appliances are provided but you still need to provide movable items such as sofa and bed before moving in.

Which one is which for Axon?

BEANCOUNTER
post Feb 1 2019, 11:47 AM

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QUOTE(ATKH @ Feb 1 2019, 11:25 AM)
So how much is consider attractive for that area ya?
*
for those facing main artery roads, most are selling above 1700psf with almost fully fitted (BBCC, Agile). TRX is expecting to sell higher than 1700psf.

AXON is not facing main artery roads, therefore cant command same premium. And that area is largely considered as red light area rite??????

I would say 1300psf is about there or slightly above premium by 100psf or so......need to visit the site to forge the pricing a bit. how much is rebate/discount out of 1300psf?
ATKH
post Feb 1 2019, 11:54 AM

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QUOTE(BEANCOUNTER @ Feb 1 2019, 11:42 AM)
Fully furnished mean bedframe and mattress are provided, same with tv conso and sofa and curtains....one just needs to move in with suitcase

or

Fully upfitted - meaning lighting aircond and kitchen appliances are provided but you still need to provide movable items such as sofa and bed before moving in.

Which one is which for Axon?
*
Fully furnished. Just move in with your clothes. 😂
ATKH
post Feb 1 2019, 11:55 AM

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QUOTE(BEANCOUNTER @ Feb 1 2019, 11:47 AM)
for those facing main artery roads, most are selling above 1700psf with almost fully fitted (BBCC, Agile). TRX is expecting to sell higher than 1700psf.

AXON is not facing main artery roads, therefore cant command same premium. And that area is largely considered as red light area rite??????

I would say 1300psf is about there or slightly above premium by 100psf or so......need to visit the site to forge the pricing a bit. how much is rebate/discount out of 1300psf?
*
1300psf is after rebate 😃
icemanfx
post Feb 1 2019, 12:10 PM

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QUOTE(ATKH @ Feb 1 2019, 11:55 AM)
1300psf is after rebate 😃
*
At this price, one could buy landed at bukit Damansara and country height Damansara.

This post has been edited by icemanfx: Feb 1 2019, 12:14 PM
BEANCOUNTER
post Feb 1 2019, 12:15 PM

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QUOTE(icemanfx @ Feb 1 2019, 12:10 PM)
At this price, one could buy landed at bukit Damansara and country height Damansara.
*
pls dun talk nonsense lah….

you think buying property only abt psf????? how about the absolute cost???????
LoTek
post Feb 1 2019, 12:35 PM

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tribeca going for 2.5 to 3 according to ads. what yield worth risking giving 600k to AK47? your call guys
LoTek
post Feb 1 2019, 12:36 PM

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QUOTE(icemanfx @ Feb 1 2019, 12:10 PM)
At this price, one could buy landed at bukit Damansara and country height Damansara.
*
im sure there are 450 sqft landed units in said areas. maybe a mobile toilet or the like

This post has been edited by LoTek: Feb 1 2019, 12:36 PM
BEANCOUNTER
post Feb 1 2019, 12:41 PM

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QUOTE(LoTek @ Feb 1 2019, 12:36 PM)
im sure there are 450 sqft landed units in said areas. maybe a mobile toilet or the like
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no.

guardhouse punya toilet....can get at this price..... devil.gif
ATKH
post Feb 1 2019, 01:00 PM

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QUOTE(LoTek @ Feb 1 2019, 12:35 PM)
tribeca going for 2.5 to 3 according to ads. what yield worth risking giving 600k to AK47? your call guys
*
From the ads, studio unit asking rental price 3k. Studio for AXON starting from 650k. For simple calculation, should able to get ROI of 5%. Consider reasonable good?
LoTek
post Feb 1 2019, 01:01 PM

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QUOTE(ATKH @ Feb 1 2019, 01:00 PM)
From the ads, studio unit asking rental price 3k. Studio for AXON starting from 650k. For simple calculation, should able to get ROI of 5%. Consider reasonable good?
*
imo just reasonable, but w the dev branding err.

btw has AK ever done high end project?
BEANCOUNTER
post Feb 1 2019, 01:05 PM

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QUOTE(ATKH @ Feb 1 2019, 01:00 PM)
From the ads, studio unit asking rental price 3k. Studio for AXON starting from 650k. For simple calculation, should able to get ROI of 5%. Consider reasonable good?
*
why axon studio is 650k? I thought its 1300psf x 450sq = 585k only?

you sure ppl will pay 3k for axon that smacked btw bangla and very dated shops?
icemanfx
post Feb 1 2019, 01:41 PM

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QUOTE(BEANCOUNTER @ Feb 1 2019, 12:15 PM)
pls dun talk nonsense lah….

you think buying property only abt psf????? how about the absolute cost???????
*
BOTH. if absolute is the only consideration, there are many cheaper units available.

traditionally, people buy high rise instead of landed because is cheaper both in psf and total value.

QUOTE(LoTek @ Feb 1 2019, 12:36 PM)
im sure there are 450 sqft landed units in said areas. maybe a mobile toilet or the like
*
Mean at this pricing, eventual demand is limited.
LoTek
post Feb 1 2019, 02:01 PM

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QUOTE(icemanfx @ Feb 1 2019, 01:41 PM)
BOTH. if absolute is the only consideration, there are many cheaper units available.

traditionally, people buy high rise instead of landed because is cheaper both in psf and total value.
Mean at this pricing, eventual demand is limited.
*
uhmmmm. honestly first time im hearing that high rise is traditionally cheaper in psf than landed. gg
ATKH
post Feb 1 2019, 02:57 PM

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QUOTE(BEANCOUNTER @ Feb 1 2019, 01:05 PM)
why axon studio is 650k? I thought its 1300psf x 450sq = 585k only?

you sure ppl will pay 3k for axon that smacked btw bangla and very dated shops?
*
1300psf is for bigger units. For studio, psf will be higher. Around rm1400+ psf.
But for that location, homestay is a better option than those conventional rental? I think rm200 per night should be a reasonable pricing for that location.

This post has been edited by ATKH: Feb 1 2019, 04:43 PM
icemanfx
post Feb 1 2019, 04:52 PM

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QUOTE(ATKH @ Feb 1 2019, 01:00 PM)
From the ads, studio unit asking rental price 3k. Studio for AXON starting from 650k. For simple calculation, should able to get ROI of 5%. Consider reasonable good?
*
Actual price could be substantially cheaper than asking price. How long are these units vacant before rented out?
warface
post Feb 13 2019, 09:19 PM

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QUOTE(ATKH @ Feb 1 2019, 03:57 PM)
1300psf is for bigger units. For studio, psf will be higher. Around rm1400+ psf.
But for that location, homestay is a better option than those conventional rental? I think rm200 per night should be a reasonable pricing for that location.
*
the units here got cp not?
if not mistaken some of tribeca units no cp right? correct me if im wrong
ManutdGiggs
post Feb 13 2019, 09:45 PM

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QUOTE(LoTek @ Feb 1 2019, 02:01 PM)
uhmmmm. honestly first time im hearing that high rise is traditionally cheaper in psf than landed. gg
*
Athg fr aunty icy is final. Can't debate on tat.
ManutdGiggs
post Feb 13 2019, 09:46 PM

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QUOTE(icemanfx @ Feb 1 2019, 01:41 PM)
BOTH. if absolute is the only consideration, there are many cheaper units available.

traditionally, people buy high rise instead of landed because is cheaper both in psf and total value.
Mean at this pricing, eventual demand is limited.
*
Marked
ATKH
post Feb 13 2019, 11:29 PM

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QUOTE(warface @ Feb 13 2019, 09:19 PM)
the units here got cp not?
if not mistaken some of tribeca units no cp right? correct me if im wrong
*
Tarak cp o.

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