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Investment THE ARCUZ SUITES @ KELANA JAYA, EXSIM's Thriving Oasis of Kelana Jaya

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Babizz
post Feb 18 2021, 08:21 PM

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QUOTE(DRKLM_91 @ Feb 18 2021, 12:04 AM)
@brunohuproperty I feel this statement is a bit misleading to be honest, we definitely cannot ignore the built up factors/unit types etc. You do make some fair points on estimation and your assumption between the two projects. Firstly maintenance fee comparison should be based on total number of sqft occupied and not total unit numbers because you are paying per sqft to maintain a certain amount of sqft, so a realistic comparison would be:

SXpphire unit type:

1001 sqft X 91 units = 91,091 sqft
1173 sqft x 46 units = 53,958 sqft
1572 sqft x 46 units = 72,312 sqft
1722 sqft x 46 units = 79,212 sqft

we are looking at a total of 296,573 sqf, 32 floors, 12 facilities
Acrxz unit type:

*disclaimer: I'm not exactly sure what the actually number of unit per unit type so i'm gonna give Acrxz an advantage in my assumption. Usually condos are majority smaller unit but i will take a middle average as a conservation estimate according to the info you have shared*

Unit includes 978, 950, 753 sqft sizes
according to what is mentioned in this group total units are 685, and 38 facilities over 47 floors.

If I take the average between all the sized we are looking at an average of 893.6 or 894 sqft give or take.
894 sqft x 685 (total units) = 612,390 sqft
So summary comparison:
Sxpphire: 296,573 sqft of revenue across 32 floors and 12 facilities
Acrxz: 612,390 sqft of revenue across 47 floors and 38 facilities

Ratios:

SQFT revenue ratio: about 1:2
Floor height differece: 9 floors
facilities difference: more than 1:2 ratio with Acrxz having 26 more facilities than Sxpphire.
maintenance per floor ratio: Acrxz = 13,029 sqft/floor vs Sxpphire = 9,267 sqft/floor
so if you look at these data points, it is not as clear cut as to simply say the ratio between the two development is 1:3. there's a lot to consider, such as:

- Total sqft: yes there is a 1:2 difference so any deficit in revenue will lead to increase in management fee
- Maintenance per floor ratio: since it's Sxxphire lower, it will require slightly lower revenue to maintain each floor
- Facilities: extra facilities = extra maintenance cost which will be drawn from maintenance fee.
- Total potential revenue generation = 612,390sqft x RM0.38 = RM232,708 per month vs 296,573sqft x 0.4 = RM118,629(based on current Maintenance fee)

other things to consider:
- Total number of lifts (dense vs low-dense usage will impact lift performance and maintenance schedule)
- Number of staff/wear and tear per floor
- pool/facility size (e.g: larger infinity pool on roof = high chance of complication = high maintenance cost)
- Facilities type and maintenance requires (38 facilities doesnt mean more maintenance depending on what type of facilities. if it's a pool or some water pavillion those are costly to maintain, if it's just a room super low maintenance cost)
given all these data points its easy to see that the comparison is really not clear cut. because yes, generally speaking Acxruz can pull in more renenue/sqft, but it also has more floors to maintain and more facilities to maintain.

I hope this calculation can give a better understanding when giving consumers a more transparent data point for comparison regardless of which unit they prefer. any additional feedback are welcomed
*
Spot on analysis. Arcux agent will struggle to fight your point.
Windzneom
post Feb 20 2021, 03:40 PM

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QUOTE(DRKLM_91 @ Feb 18 2021, 02:04 PM)
@brunohuproperty I feel this statement is a bit misleading to be honest, we definitely cannot ignore the built up factors/unit types etc. You do make some fair points on estimation and your assumption between the two projects. Firstly maintenance fee comparison should be based on total number of sqft occupied and not total unit numbers because you are paying per sqft to maintain a certain amount of sqft, so a realistic comparison would be:

SXpphire unit type:

1001 sqft X 91 units = 91,091 sqft
1173 sqft x 46 units = 53,958 sqft
1572 sqft x 46 units = 72,312 sqft
1722 sqft x 46 units = 79,212 sqft

we are looking at a total of 296,573 sqf, 32 floors, 12 facilities
Acrxz unit type:

*disclaimer: I'm not exactly sure what the actually number of unit per unit type so i'm gonna give Acrxz an advantage in my assumption. Usually condos are majority smaller unit but i will take a middle average as a conservation estimate according to the info you have shared*

Unit includes 978, 950, 753 sqft sizes
according to what is mentioned in this group total units are 685, and 38 facilities over 47 floors.

If I take the average between all the sized we are looking at an average of 893.6 or 894 sqft give or take.
894 sqft x 685 (total units) = 612,390 sqft
So summary comparison:
Sxpphire: 296,573 sqft of revenue across 32 floors and 12 facilities
Acrxz: 612,390 sqft of revenue across 47 floors and 38 facilities

Ratios:

SQFT revenue ratio: about 1:2
Floor height differece: 9 floors
facilities difference: more than 1:2 ratio with Acrxz having 26 more facilities than Sxpphire.
maintenance per floor ratio: Acrxz = 13,029 sqft/floor vs Sxpphire = 9,267 sqft/floor
so if you look at these data points, it is not as clear cut as to simply say the ratio between the two development is 1:3. there's a lot to consider, such as:

- Total sqft: yes there is a 1:2 difference so any deficit in revenue will lead to increase in management fee
- Maintenance per floor ratio: since it's Sxxphire lower, it will require slightly lower revenue to maintain each floor
- Facilities: extra facilities = extra maintenance cost which will be drawn from maintenance fee.
- Total potential revenue generation = 612,390sqft x RM0.38 = RM232,708 per month vs 296,573sqft x 0.4 = RM118,629(based on current Maintenance fee)

other things to consider:
- Total number of lifts (dense vs low-dense usage will impact lift performance and maintenance schedule)
- Number of staff/wear and tear per floor
- pool/facility size (e.g: larger infinity pool on roof = high chance of complication = high maintenance cost)
- Facilities type and maintenance requires (38 facilities doesnt mean more maintenance depending on what type of facilities. if it's a pool or some water pavillion those are costly to maintain, if it's just a room super low maintenance cost)
given all these data points its easy to see that the comparison is really not clear cut. because yes, generally speaking Acxruz can pull in more renenue/sqft, but it also has more floors to maintain and more facilities to maintain.

I hope this calculation can give a better understanding when giving consumers a more transparent data point for comparison regardless of which unit they prefer. any additional feedback are welcomed
*
nice one!
silon01
post Feb 23 2021, 07:44 PM

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In any case, as parcel owner your risk is lower with Arcuz in term of management fees perspective, as the monetary impact of droping out of one unit of Arcuz versus one unit of Sapphxre is at different level.

Ability to generate more revenue give Arcuz better position to upkeep the facilities, through bigger crowd sharing.

Also, as of Jan 2021 Arcuz sold more than 50% units out of 685, which already more than 229 units of Sapphxre. The public choice is very clear.

Further to Illustrate, Arcuz is covered under HDA. Conversion of electricity to residential should not have any issues as developer confirmed to owner with black and white email and will assist owner to convert automatically.

This post has been edited by silon01: Feb 23 2021, 07:50 PM
jordanseow
post Feb 23 2021, 09:07 PM

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The Conversion of electricity to residential for I don’t think is an issue as I have friend own a SOFO still able to convert to residential electricity .

They prove to TNB the sofo is for own stay instead of doing commercial and the sofo there have more than 50% unit are for own stay .

This post has been edited by jordanseow: Feb 23 2021, 09:08 PM
SongChiang
post Mar 2 2021, 04:58 PM

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QUOTE(laputa023 @ Mar 1 2021, 10:46 PM)
Hi all,

For those who are looking for investment/own stay and haven't decided which project to purchase. Feel free to visit Sapphire discussion. I personally find Sapphire is more attractive and I have shared a comprehensive findings there. Hope it can answer all your doubts.

https://forum.lowyat.net/topic/4681294/+80

This is a buyer market. I personally think that EXSIM is not really generous enough.

I am a Sapphire buyer. If you are interested, Please PM me i have a win win scheme which benefit you.

Ps I am not an agent/WCT developer. Peace~
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new account , positive tone hmmmmm
Redbirdman P
post Mar 10 2021, 12:44 PM

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QUOTE(n0name8886 @ Jan 15 2019, 03:45 PM)

The side that's circle out is the nearest to the LRT. Rest still not too near. 

https://pictr.com/images/2019/01/14/0TWgVP.png
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Are you saying you do not recommend that highlighted area then?
But it seems like one of the fastest selling lots?
DragonReine
post Mar 10 2021, 01:13 PM

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QUOTE(Redbirdman @ Mar 10 2021, 12:44 PM)
Are you saying you do not recommend that highlighted area then?
But it seems like one of the fastest selling lots?
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View better kot laugh.gif
Windzneom
post Mar 15 2021, 08:43 PM

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QUOTE(SongChiang @ Mar 2 2021, 04:58 PM)
new account , positive tone hmmmmm
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hahahahhaha
rotloi
post Mar 28 2021, 10:15 PM

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SUSNajibaik
post Apr 11 2021, 02:47 PM

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To be honest I think the only good thing about Arcuz is the facilities and Exsim name.

Location wise there are many project is facing highway as well, but the surrounding of Arcuz is basically not happening, abandoned factory etc.

Pricing is comparable to all the PJ project which is very high, around 750 to RM850psf, nothing much to be shoutout about.

Plus 18 units per floor is too much, you need to expect not all lift will be fully functional at all time.
SUSNajibaik
post Apr 11 2021, 02:49 PM

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QUOTE(SongChiang @ Mar 2 2021, 04:58 PM)
new account , positive tone hmmmmm
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maybe it is the culture here that agent is not welcomed, any new member will be categorised as agent?
annoymous1234
post Apr 11 2021, 02:55 PM

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QUOTE(Najibaik @ Apr 11 2021, 02:47 PM)
To be honest I think the only good thing about Arcuz is the facilities and Exsim name.

Location wise there are many project is facing highway as well, but the surrounding of Arcuz is basically not happening, abandoned factory etc.

Pricing is comparable to all the PJ project which is very high, around 750 to RM850psf, nothing much to be shoutout about.

Plus 18 units per floor is too much, you need to expect not all lift will be fully functional at all time.
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Yes. The USP is the sky facilities. Exsim is well know for their facilities and maintenance. Size is smaller if compare with the others. I'm agent selling this and I don't hide it.

Speak to real owners of exsim and you will know whether exsim is good bad. And not asking in forum, cause not owner can also say they are owner. This apply to every other project. Visit the previous project yourself and make your own judgement. Visit those older project like 10 years ago and see how the condition is now.

This post has been edited by annoymous1234: Apr 11 2021, 03:05 PM
silon01
post Apr 11 2021, 03:28 PM

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QUOTE(Najibaik @ Apr 11 2021, 02:47 PM)
To be honest I think the only good thing about Arcuz is the facilities and Exsim name.

Location wise there are many project is facing highway as well, but the surrounding of Arcuz is basically not happening, abandoned factory etc.

Pricing is comparable to all the PJ project which is very high, around 750 to RM850psf, nothing much to be shoutout about.

Plus 18 units per floor is too much, you need to expect not all lift will be fully functional at all time.
*
The positioning of this project from the beginning was lifestyle apartment, arcuz has abundant and unmatchable facilities to enjoy within the apartment itself. They want you to stay and enjoy what they have offered inside, not just stay only.

The rest of the new projects are facing highway but Arcuz is the only one closer to lrt3 in walking distance. Not happening now, doesn't means it will not in the future, imagine all the population come in, saphxire paradigm, glomxc, arcuz. Enough population will change the commercial scene.

Also the access to go in to arcuz is much better comparable to other projects nearby, you don't have to go big u turn with traffic jam, which could cost another 20 to 30min if coming from one utama direction.

18 units per floor but come with 6 + 1 high speed lift. Please visit z series project then you will know the lift quality, better than some hotels or offices.

Again, this is lifestyle apartment, targeting higher end market, if going for value for money they have d series or next door putera puteri.

I'm a buyer.

This post has been edited by silon01: Apr 12 2021, 08:13 AM
SongChiang
post Apr 12 2021, 11:36 AM

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QUOTE(Najibaik @ Apr 11 2021, 02:49 PM)
maybe it is the culture here that agent is not welcomed, any new member will be categorised as agent?
*
not really not welcomed, some agent did do detailed analysis to help other forumer stay informed, then there are those only mentions the good part of the project disregarding any downside it might have to generate appointment / sales.

some new users come in to ask questions. some other have information to add. and some new user leave phone number for pm. you can tell.
silon01
post Apr 12 2021, 04:43 PM

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Q2 2021 Development Progress Update

Seems like finish structure for the facilities floor of 9-10 and begining residential floor of level 11.

user posted image

user posted image

user posted image
JonathanIB
post Apr 12 2021, 08:04 PM

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Seeing the competition there could be Sapphire agent and Arcuz agent vs here haha.

Nevertherless Sapphire win in density and nearer to Paradigm Mall.
Arcuz win in reputation, brand history and perhaps nearer to LRT 2&3.

These above is clearer advantages.

Everyone wants and preference is difference anyway. Some wanna investment, some wanna own stay. All have their own say
SUSNajibaik
post Apr 13 2021, 10:25 AM

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QUOTE(JonathanIB @ Apr 12 2021, 08:04 PM)
Seeing the competition there could be Sapphire agent and Arcuz agent vs here haha.

Nevertherless Sapphire win in density and nearer to Paradigm Mall.
Arcuz win in reputation, brand history and perhaps nearer to LRT 2&3.

These above is clearer advantages.

Everyone wants and preference is difference anyway. Some wanna investment, some wanna own stay. All have their own say
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But I think Sapphire is not having bad reputation also right?
Since they are completed, any defect or issue should have raised up already.
JonathanIB
post Apr 13 2021, 12:12 PM

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QUOTE(Najibaik @ Apr 13 2021, 10:25 AM)
But I think Sapphire is not having bad reputation also right?
Since they are completed, any defect or issue should have raised up already.
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I mean developer finishing and maintenance reputation. If u visit Sapphire facilities u can see how’s the maintenance like.

Anyway depends on personal preference as said
tesh94
post Apr 25 2021, 05:03 PM

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Any arcuz owner group?
bencheong92
post Apr 27 2021, 01:38 AM

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QUOTE(tesh94 @ Apr 25 2021, 05:03 PM)
Any arcuz owner group?
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Let me know if you manage to join too, signed SPA in Feb rclxms.gif

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